Bing: Microsoft prepared to invest heavily in search
Microsoft Chief Executive Steve Ballmer has said that the company is prepared to spend heavily in their search engine operations.
The company recently launched their latest search engine product named Bing.
Microsoft Bing launch has been fairly successful and it has received favourable reviews from experts around [...]
Apple to build a data centre in North Carolina
Apple has confirmed that they are going to establish their new data center in North Carolina.
This announcement comes just days after NC agreed to giving them special tax breaks.
Gov. Beverly Perdue spoke about Apple’s decision: “North Carolina continues to be a prime location for growing and [...]
Apple remodelling around hundred stores
Global economy might still be struggling but Apple continues to invest heavily on their stores.
The company has plans to open 25 brand new stores this year.
In addition they are also planning to remodel 100 existing stores.
This is however still much slower to the expansion last year. Apple had opened 247 stores [...]
Digital Sky Technologies wants to invest in Facebook
Wall Street Journal has reported that Russian Internet group, Digital Sky Technologies has shown interest in investing in the world’s most popular social networking service Facebook.
The deal offered by Digital Sky puts the value of Facebook at around USD 10 billion.
Facebook declined to comment on the rumours. A [...]
Nokia invests in mobile payment company Obopay
World’s leading mobile phone maker Nokia has invested in the mobile payment company Obopay.
The two companies did not reveal the details of this investment.
Obopay develop solutions to enable mobile users send and receive money.
Nokia’s head of corporate business development, Teppo Paavola would become a member of the [...]
AT&T to spend USD 1 billion on global network expansion
US based telecom giant AT&T has announced that they would be spending about $1 billion in 2009 to build out its global network.
These funds would also be used to expand the services for business customers.
The company said that the funds would be used on several [...]
Intel to spend $7 billion on upgrading factories
US based microprocessor industry giant Intel has announced that they would be investing $7 billion to upgrade their factories in USA.
These funds would be utilized in the coming two years as the company prepares for future innovations in the processor industry.
This announcement was made by Intel CEO [...]
Microsoft invests in N-trig
N-trig is a Israel based company which specializes in manufacturing dual-mode pen and touch input device for computers.
Microsoft is one of the companies which have just invested in this little firm.
N-trig said that they would use these new funds to create multi-touch notebooks and convertible computers for the mainstream [...]
Digg gets more investments
Social news discussion service Digg has received another round of fresh investments worth $28.7 million.
This news could be a hint that the company aims to stay independent for the time being.
Jay Adelson, Digg’s chief executive said in a statement on the new developments: “That’s part of the message. We want to be [...]
T. Boone Pickens sells off his stake in Yahoo
Billionaire investor T. Boone Pickens has revealed that he has now sold all his shares in the internet media company Yahoo.
He was apparently dissatisfied by the way Yahoo handled acquisition talks with Microsoft and gave up his hopes.
Pickens said in a statement: “I think that Yahoo management [...]
