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Factbox: Yahoo's acquisitions: from Geocities to TumblrSAN FRANCISCO (Reuters) - Yahoo Inc announced on Monday it would shell out $1.1 billion to buy blogging service Tumblr, in a bid to revitalize its brand and attract a younger generation of users. Yahoo has been criticized for making big acquisitions that have not always reaped lasting retu... ...Read More »Websense to go private after years of slow growth(Reuters) - Websense Inc said it had agreed to be taken private by Vista Equity Partners in a deal that values the online security firm at about $907 million, a move that should come as a relief to investors after years of weak sales from its legacy business. The offer of $24.75 per share ... ...Read More »Websense to go private for $907 million(Reuters) - Websense Inc said it had agreed to be taken private by Vista Equity Partners in a deal that values the online security firm at about $907 million. The offer of $24.75 per share represents a roughly 29 percent premium to Websense's Friday close on the Nasdaq. ... ...Read More » |
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New Xbox more than a game console for MicrosoftBy Malathi Nayak and Bill Rigby SAN FRANCISCO/SEATTLE (Reuters) - Microsoft Corp is set to make a splash this week with the eagerly awaited unveiling of its new Xbox game console, eight years after the last version, as it seeks a larger share of the $65 billion a year global computer gamin... ...Read More »China trying to manage exposure of corruption onlineBy Terril Yue Jones BEIJING (Reuters) - China's Internet is brimming with disclosures of officials collecting bribes, homes and luxury accessories as casually as they do mistresses. But while the government tolerates such anti-corruption vigilantism, it is also ex... ...Read More »Google's wearable Glass gadget: cool or creepy?By Alexei Oreskovic SAN FRANCISCO (Reuters) - Google staged four discussions expounding on the finer points of its Glass wearable computer during this week's developer conference. Missing from the agenda, however, was a session on etiquette when using the recording-capable gadget, wh... ...Read More »New Xbox more than a game console for MicrosoftBy Malathi Nayak and Bill Rigby SAN FRANCISCO/SEATTLE (Reuters) - Microsoft Corp is set to make a splash this week with the eagerly awaited unveiling of its new Xbox game console, eight years after the last version, as it seeks a larger share of the $65 billion a year global computer gamin... ...Read More »Target goes hunting in Silicon Valley, following Wal-MartBy Alistair Barr SAN FRANCISCO (Reuters) - Target Corp <TGT.N> said on Friday it opened a new San Francisco office to track down technology companies that can help the second-largest U.S. retailer grow its online commerce business. Target's Technology Innova... ...Read More »Syria government supporters hack Financial TimesBy Jim Finkle and Jennifer Saba (Reuters) - The Financial Times' website and Twitter feeds were hacked on Friday, renewing questions about whether the popular social media service has done enough to tighten security as cyber-attacks on the news media intensify. Th... ...Read More »Column: Why the underwear-bomber leak infuriated the Obama administrationBy Jack Shafer (Reuters) - Journalists gasp and growl whenever prosecutors issue lawful subpoenas ordering them to divulge their confidential sources or to turn over potential evidence, such as notes, video outtakes or other records. It's an attack on the First Amendment, It's an a... ...Read More »U.S. authorities seize accounts of major Bitcoin operatorBy Brett Wolf ST. LOUIS, May 17 (Thomson Reuters Accelus) - U.S. authorities have seized two accounts linked to a major operator in the booming Bitcoin digital currency market, Tokyo-based exchange Mt. Gox. The move may prevent the firm from facilitating the purchase and sale of Bitcoins i... ...Read More » |
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