THE BUSINESS OF TECHNOLOGY
KakaoTalk, a 3-year-and-change-old Korean messaging app, has eclipsed Facebook’s popularity in South Korea and Japan. The company leverages its simple, all-under-one-roof social media infrastructure and immersive, visual communication strategy––enhanced by digital content…
By Matt Gallagher, Red Herring Though many in the online food delivery space find themselves stuck in the rush hour of tech, Delivery Hero landed a decent funding round recently from the…
India has surpassed Japan in the smartphone market, becoming for the first time the third largest in the world behind the US and China, a new report from Strategy Analytics points out.…
Google keeps pretty mum on the subject of YouTube revenue, leaving it to analysts to guess what kind of take the service racks in. Analysts from Morgan Stanley recently took a crack…
Intel Corp. has made an offer to acquire Stonesoft, a public Finnish firewall security company, for $389 million in cash to bolster the offerings of its McAfee security software package. Public stock…
In a sign that social and ecommerce are becoming peas in the same pod, Alibaba, the Chinese Amazon giant, has purchased Weibo, China’s version of Twitter, for $586 million. The deal values…
Baidu, the largest search engine in China, has acquired PPStream, the Shanghai-based online video platform, for $370 million, the company confirmed this week following weeks of rumors on the deal. PPS will…
2013 Top 100 Europe from Red Herring on Vimeo.
The Pentagon directly accused China of hacking US computer systems to gain access to its military technology. The accusations were part of an 83 page report to Congress on China’s military activity.…
by MATT GALLAGHER, Red Herring journalist A US military contractor, whose UK parent is a spinoff of the actual government lab that inspired Q in James Bond thrillers, has been the source…