Technology News
Yahoo buying Tumblr for $1.1 billion, vows not to screw it up
SAN FRANCISCO/NEW YORK - Yahoo Inc will buy blogging service Tumblr for $1.1 billion cash, giving the Internet pioneer a much-needed social media platform to reach a younger generation of users and breathe new life into its ailing brand. | Video
Recent Technology News
Microsoft to build Australian cloud computing centers
SYDNEY - Microsoft Corp is expanding its services for hosting and processing online data in Australia with the establishment of two new "cloud" computing data centers in the country.
Former Nokia software team unveils its first smartphone
HELSINKI - A group of ex-Nokia software developers unveiled its first smartphone on Monday, aiming to prove their former employer wrong by making a success of a technology dropped by the Finnish mobile phone maker.
Britain's Cameron tells Google and others to play fair on tax
LONDON - British Prime Minister David Cameron on Monday told Google's Executive Chairman Eric Schmidt and other business leaders that he expected their companies to pay their taxes in exchange for benefiting from low tax rates.
China trying to manage exposure of corruption online
BEIJING - China's Internet is brimming with disclosures of officials collecting bribes, homes and luxury accessories as casually as they do mistresses.
Dell says cannot disclose more information to Icahn yet
- Dell Inc said in a letter to suitors Carl Icahn and Southeastern Asset Management that the company would not provide more information about itself unless the board determined that their proposal was "superior" to founder Michael Dell's.
How Tumblr might ‘screw up’ Yahoo
The Yahoo-Tumblr deal’s most pressing issue isn’t what will come of balance sheets, it’s what will come of each organization’s corporate culture.
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