Last Updated : 16-04-2014 18:14

 
 

Business Tech

HP agrees to pay $57 million to settle shareholder lawsuit

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Hewlett-Packard Co agreed to pay $57 million to settle a lawsuit that accused the personal computer maker's former management of defrauding shareholders by abandoning a business model it had long touted.
Views: 1805

99X Technology enriches Sri Lanka’s future in software development

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Software development processes have been revolutionized globally by the ‘Agile’ movement over the past couple of years, and this alternative to traditional project management has been adopted by a number of companies in Sri Lanka’s IT sector during this period of time.
Views: 3816

Twitter crashes second time in nine days, blames software glitch

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Twitter Inc crashed on Tuesday for the second time in nine days when a software glitch stalled the popular messaging service for about one hour.
Views: 3589

WhatsApp to add voice calls after Facebook acquisition

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WhatsApp will add free voice-call services for its 450 million customers later this year, laying down a new challenge to telecom network operators just days after Facebook Inc scooped it up for $19 billion.
Views: 5169

Windows designer moves to new Microsoft job

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Julie Larson-Green, one of Microsoft Corp's most senior women executives and a leading force behind the latest design of Windows, is moving to a new job in charge of harmonizing the look and usability of Microsoft's wide range of software.
Views: 4824

Google prepares 34-city push for ultra-fast Fiber service

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Google Inc is exploring a major expansion of its super-fast "Fiber" TV and Internet service, which could extend the nascent network to 34 more U.S. cities and pose a competitive threat to home broadband providers.
Views: 4977

BlackBerry shares surge after Facebook bid for WhatsApp

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Facebook Inc's stunning $19 billion bid for fast-growing mobile-messaging startup WhatsApp sent shares of BlackBerry Ltd surging after the closing bell on Wednesday, as investors were cheered by the lofty valuation for the messaging platform.
Views: 4746

Instant messaging app Viber in talks to be acquired

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The Viber instant messaging application is in talks to be acquired for $300 million-$400 million by a leading instant messaging company from Asia, the Calcalist financial newspaper reported on Tuesday.
Views: 5491

Samsung Electronics shares jump 3 percent on eased currency woes

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Shares of South Korea's Samsung Electronics extended their rebound on Tuesday, rising as much as 3 percent, as currency concerns subsided.
Views: 4937

Google's Schmidt gets second $100 million stock award

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Google Inc Executive Chairman Eric Schmidt will be awarded $100 million in restricted stock units, the company said on Tuesday, marking the second time in less than three years that the Internet company's former chief executive officer has received an equity award of that size.
Views: 5274

Sony in talks to sell PC business to investment fund: Nikkei

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Sony Corp is in talks to sell its poorly performing personal computer business to investment fund Japan Industrial Partners for up to 50 billion yen ($490 million), the Nikkei daily reported.
Views: 5109

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'Blood moon'
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Video: For a blessed year
Fun at Galle Face
'Blood moon'
Happy New Year!