IT news
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