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
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.
Shakespeare's sonnets come to life in new app
TORONTO - A new app launched on Monday aims to bring William Shakespeare's sonnets to the masses with the help of short films starring stage actors performing them in front of New York landmarks.
New Xbox more than a game console for Microsoft
SAN FRANCISCO/SEATTLE - 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 gaming industry.
Infosys to challenge latest tax demand of $105.3 million
BANGALORE - Infosys Ltd, India's No. 2 software services exporter, said on Monday it would challenge a 5.77 billion rupees ($105.3 million) income tax demand raised by Indian authorities earlier this month.
Online takeout companies GrubHub and Seamless to merge
SAN FRANCISCO - Two of the nation's biggest online food delivery businesses said they are merging in a deal that they hope will drive more orders, in more cities, through their platforms.
Music royalties and Pandora’s box
It is one of the oldest and thorniest questions of the digital music era: How much should artists and musicians be compensated for the Internet broadcast of their songs? And who gets to decide that rate?
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