IT news
Oracle acquires social intelligence firm Collective Intellect
06 Jun 2012
The acquisition is a part of Oralce's strategy to augment cloud-based computing, and comes less than a fortnight after it announced its acquisition of cloud-based marketing firm Virtue
Google to switch to paid product search service by fall
02 Jun 2012
In an overhaul of its online product-search service, Google is considering including only items from merchants who pay to be included in search results
Canada’s IT firm CGI to acquire British peer Logica for £1.7 bn
31 May 2012
Canadian IT services company CGI Group Inc today struck a deal to buy its Anglo-Dutch rival Logica Plc for £1.7 billion in order to gain European and outsourcing clients
Facebook eyes Norwegian browser maker Opera Software: report
28 May 2012
Less than two weeks after raising $16 billion through a public issue, Facebook is reported to be planning to acquire Norwegian browser maker Opera Software
Dell in talks to buy network security firm Quest Software: report
26 May 2012
Dell Inc, the world’s third-largest PC maker, is in talks to buy network security firm Quest Software Inc, in a deal exceeding a $2-billion offer it recently received from PE firm Insight Ventures
Zuckerberg, others sold off millions of shares before crash: report
25 May 2012
Mark Zuckerberg and prominent Facebook investors sold millions of shares before the Facebook share price crashed following its maiden public issue, company filings show
Oracle to buy cloud-based social marketing platform Vitrue
24 May 2012
The move comes a day after archrival SAP AG agreed to acquire cloud-based business and commerce network company Ariba Inc for $4.3 billion
SAP to acquire Ariba Inc for $4.3 bn
23 May 2012
The deal comes five months after SAP acquired US-based web-based software company SuccessFactors for $3.4 billion
EC threatens anti-trust proceedings against Google over search dominance
22 May 2012
Google is alleged to have unfairly exploited its market dominance to display links to its own services, giving preference to them over those of competitors
Facebook stock down 13.7 per cent on Day 2
21 May 2012
Facebook, which started trading on the second day after its listing on Friday, lost around $4 billion of its $104 billion market cap
Apple dominates in Indian tablet market
21 May 2012
Yahoo to sell 20% in Alibaba for $7.1 bn
21 May 2012
Six years after Yahoo! Inc paid over $1 billion to emerge as Chinese e-commerce site Alibaba's biggest investor, it is selling half its stake for $7.1 billion
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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