Tech

Sharp completes acquisition of Toshiba PC Unit
Tech

Sharp completes acquisition of Toshiba PC Unit

Toshiba Client Solutions (TCS) has become a member of Sharp group, following the completion of the transfer of 80.1% of its stock from Toshiba Corporation to Sharp Corporation. Closure of the transaction follows an announcement by Toshiba and Sharp on June 5 this year, and positions TCS to make a […]

Elon Musk comes under fire as SEC sues him for fraud
Tech

Elon Musk comes under fire as SEC sues him for fraud

The founder of Tesla, the world’s largest electric car maker, Elon Musk, has been sued for fraud by the US Securities and Exchange Commission. The SEC has accused Musk of fraud because of his “false and misleading” tweets about potentially taking Tesla private last month. It would be recalled that […]

Daimler appoints Ola Kallenius as Chairman
Tech

Daimler appoints Ola Kallenius as Chairman

Owners of Mercedes Benz, Daimler said its Supervisory Board has decided to appoint Ola Kallenius for a new term of five years as Chairman of the Board of Management. Daimler said in a statement that his appointment will be effective in direct connection, and also to appoint him as the […]

BRIEF: Keith Enright to head privacy at Google
Tech

BRIEF: Keith Enright to head privacy at Google

Alphabet’s Inc., Google said it has appointed Keith Enright as the head of its privacy regulation desk. The tech giant appointed Ken Enright in its bid to align with federal regulation of data and user privacy regulations. Ken said in a statement that: “My team’s goal is to help you […]

This is not a movie
Tech

This is not a movie

As time passes, we are moving towards the edge of tomorrow. Our push for the cutting edge in technological innovation has pushed mankind beyond expectations. Aside Blockchain and Bitcoin and its zigzag valuation, you might have seen and heard artificial intelligence (AI), a buzzword being bandied around by believers and […]

Adobe to acquire B2B platform, Marketo
Tech

Adobe to acquire B2B platform, Marketo

Adobe said it has entered into a definitive agreement to acquire Marketo for $4.75 billion, subject to customary purchase price adjustments. Marketo is a cloud platform for B2B marketing engagement, which according to its disclosure has nearly 5,000 customers. The company said in a statement that will enable it to […]

Amazon enters India’s retail sector with investment in More
Tech

Amazon enters India’s retail sector with investment in More

Amazon alongside an Indian private equity firm Samara Capital have invested  in Indian supermarket chain More. The investment is Witzig Advisory Services, which is owned by Samara Alternative Investment Fund, Amazon said without divulging financial details or the size of its stake. Witzig is in the process of acquiring Aditya Birla […]

Vonage acquires NewVoiceMedia for $350 million
Tech

Vonage acquires NewVoiceMedia for $350 million

Cloud-based VoIP provider, Vonage said it has acquired NewVoiceMedia for $350 million. Vonage said in a statement that has entered into an agreement to acquire privately-held NewVoiceMedia, an industry-leading cloud Contact Center-as-a-Service (CCaaS) provider, for an equity price of $350 million paid in cash. The acquisition combines Vonage’s robust UCaaS […]

MariaDB has acquired Clustrix
Tech

MariaDB has acquired Clustrix

America’s MariaDB Corporation said it has acquired Clustrix for an undisclosed amount. Clustrix is a provider of distributed database technology. With the acquisition, MariaDB plans to add scale-out capability that runs on premises with commodity hardware or in any cloud environment, with greater scalability and higher availability than other traditional […]