King Digital Entertainment’s IPO announcement is, despite its impressive user numbers, a risk. The Dublin-based developer’s games have been downloaded on over 500 million mobile devices and 408 million of those consumers…
IBM CEO talks data and engagement at Mobile World Congress
IBM CEO Virginia Rometty has stressed the importance of data in the future of her company’s business structure, while announcing new strategies for the New York-based tech giant. Rometty, who rarely speaks…
Zuckerberg: Internet has emerged stronger from NSA scandal
Facebook founder Mark Zuckerberg has claimed that the Internet is in better health than before the NSA spying scandal erupted. Speaking to an audience at the Mobile World Congress in Barcelona, which…
Facebook’s WhatsApp Deal: Is Google being left behind?
Rakuten’s $900 million acquisition of Viber last week was the starting pistol, and Facebook’s $19 billion punt on WhatsApp was a signal cannon. Over-the-top messaging platforms have become the latest must-haves for…
Facebook to buy WhatsApp for $19 billion
Facebook has agreed to buy mobile messaging app WhatsApp for $19 billion, the two companies have announced. The social media giant will pay $4 billion in cash and approximately $12 billion in…
Comcast agrees $45.2bn Time Warner Cable acquisition – but will it go through?
Comcast, the largest Internet service provider in the U.S., has agreed to buy media rival Time Warner Cable for $45.2 billion, pending regulatory approval. Consumer groups have already voiced strong objections to…
European social media success thwarted by U.S. giants
The Americans are coming, and Europe’s social media platforms are losing ground. But many local brands are still doing fine business connecting the continent’s consumers. In the past few years several high-profile…
IBM struggles to turn fortunes around
IBM’s executives recently opted to forgo their bonuses, after the company’s seventh straight quarter of sales decline. The same executives face a struggle to turn the hardware behemoth away from the traditional…
LinkedIn scares investors with weak forecast
LinkedIn’s fourth quarter report revealed a healthy three months for the professional social media network, but a weaker outlook caused investors to worry. The company also announced its largest acquisition yet. LinkedIn’s…
How Google Won Back the EU’s Trust
Three years after the European Union began a probe into Google’s European strategy, the Silicon Valley giant has escaped a fine capable of denting even its own stratospheric profits. But how did…