Satya Nadella has been confirmed as Microsoft’s new CEO. Nadella, a 22-year veteran of the company, will succeed outgoing CEO Steve Ballmer immediately. Microsoft co-founder Bill Gates has also stepped down from…
Amazon misses earnings estimates for Q4, shares stumble
Amazon shares dropped as much as 10 percent in after-hours trading, after the company’s fourth quarter earnings report missed analyst estimates. The Internet retail giant posted earnings of $0.51 per share for…
Internet erupts as Gmail falters
In what many seemed to take as a sign of the Internet apocalypse, Google’s email service went down for about 15 minutes this morning. Those trying to access their online mail accounts…
What does Google gain from its $3.2 billion Nest Labs acquisition?
Google’s $3.2 billion acquisition of Nest Labs Inc. is it’s second biggest ever. This is what the Internet giant got for its money. One of Silicon Valley’s rising stars Nest Labs, which…
Ten talking points from CES 2014
CES has now come to a close, and the ordered chaos which comes from one of the largest events in the industry has ended. As ever, CES was a show of contrasts.…
Mobile internet builds promise in African e-commerce market
The vast continent of Africa presents a significant opportunity for e-commerce retailers, but a lack of infrastructure has held back online shopping in the region. Now the use of mobile devices to…
2013 Red Herring Global Top 100: Winners
After three days of collaboration, discussion, recognition and celebration, the curtain came down on the Red Herring Global Conference of 2013 in Santa Monica, California, leaving attendees to reflect on the dynamic…
Tech funding taking bigger share of Silicon Valley investment
Investment in technology companies in Silicon Valley is not just on the rise; it’s increasingly taking funding away from other sectors, according to research from CB Insights. Technology is dominating funding in…
ff Venture Capital to Public: We Are Fundraising
An eighty-year-old ban on general solicitation, officially lifted in September, denied startups and VCs alike the power to announce fundraising plans publicly. Suddenly ungagged, some startups jumped to declare they sought money,…
Searching for a Cold War
The Russian government could drag the world back in time to the Cold War era with plans to develop and deploy a state-owned search engine named Sputnik. According to Russian business daily…