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News about business issues
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SoftBank gets state approval for Sprint acquisition
SoftBank has received all the necessary state approvals for the Japanese mobile carrier to acquire a majority stake in Sprint Nextel for US$20 billion, the companies announced.
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Adobe continues social push, acquires mobile app agency
Adobe has acquired Thumb Labs, a small mobile app agency, as part of its broader push to give its new cloud-enabled software offerings a more social flavor.
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SoftBank said to be in talks with US to allay national security fears
The U.S. government is in negotiations with SoftBank for greater control over equipment purchases by Sprint Nextel and the selection of one of the Japanese company's nominee to the U.S. carrier's board, according to a news report.
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Lenovo's net profit up 90 per cent, smartphone shipments soar
PC sales in China and high growth in smartphones shipments helped boost Lenovo's net profit for its fiscal fourth quarter by 90 percent year-over-year.
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Google launching new fund for later-stage tech investments
Google is launching a new fund through which it will make later-stage investments in technology companies, a Google executive said Wednesday.
Features about business issues
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What to expect at SAP's Sapphire
SAP's Sapphire conference kicks off next week in Orlando, setting the stage for the company to sell customers on its visions for cloud-based applications, in-memory computing and mobility.
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BMC going private could be the right move at the right time
BMC has agreed to be acquired by a private investment consortium headed by Bain Capital and Golden Capital, in a deal worth about $US6.9 billion.
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Intel may look to outrun foundry competitors with new CEO Krzanich
Intel hasn't signaled a change in strategy with the appointment of Brian Krzanich to CEO, but it is likely that the company will take steps to outrun its foundry competition by opening its industry-leading manufacturing facilities to more third parties.
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Apple confident about iPad Mini despite low margins
Six months after its launch, the iPad Mini is a drain on Apple's profits, but the company is willing to endure the financial strain as long as it can sell more iPads, analysts said.
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Oracle's strategies to get real-world verdict at Collaborate user event
Oracle's sprawling annual OpenWorld conference doesn't kick off until September, but next week the Oracle user group-backed Collaborate event will be held in Denver.
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