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Technology, Media & Telecommunications Headlines

LogMeIn to merge with Citrix's GoTo unit in all-stock deal

July 26 LogMeIn Inc and a unit of Citrix Systems Inc that makes software products such as GoToMeeting said on Tuesday they are merging in an all-stock deal to create a $1.8 billion company focused on technology applications for the workplace.

UPDATE 1-Telefonica Brasil boosts merger outlook, but profit down

SAO PAULO, July 26 Telefonica Brasil SA , the biggest telecommunications company in the country, raised its forecast for savings from a major merger, although one-time personnel costs from the restructuring triggered a 23 percent drop in quarterly profit.

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Bernie’s brother captures social media in tearful tribute

It's a tearful night for some Bernie Sanders supporters at this year's Democratic National Convention, as delegates from all 57 U.S. states and territories cast their votes, ensuring Secretary Hillary Clinton the Democratic presidential nomination.