Techmeme

Results 51 - 60 of about 392:

Terri Cullen / CNBC:
KKR's Internet Brands to acquire WebMD in $2.8B deal, for $66.50 per share, which is a 20% premium to Friday's closing price   —  - Prior to the acquisition WebMD ran a five-month auction and solicited bids from more than 100 companies and private-equity firms.
Jul 24, 2017, 7:40 AMIn context
Christina Farr / CNBC:
Source: Intel has eliminated its wearables division, which made the Basis smartwatch, and the company's New Technologies Group now focuses on AR   —  - Intel laid off about 80 percent of the team that made the Basis smartwatch in November, and has now eliminated the division entirely, a person familiar tells CNBC.
Jul 19, 2017, 10:50 PMIn context
Jordan Novet / CNBC:
IBM reports Q2 revenue of $19.29B, down 5% YoY, vs. $19.46B estimated, and gives stronger than expected full-year guidance   —  IBM stock was down 2 percent on Tuesday after it disclosed earnings for the second quarter of the year, falling short of revenue estimates but beating earnings estimates.
Jul 18, 2017, 4:25 PMIn context
Lauren Thomas / CNBC:
Amazon Prime Day drove record levels of Prime sign-ups and sales, with sales growing 60% YoY; the Echo Dot was the most popular purchase among Prime members   —  - Prime Day sales this year surpassed Amazon's Black Friday and Cyber Monday, the e-commerce giant says.
Jul 12, 2017, 2:00 PMIn context
Jordan Novet / CNBC:
Google announces a new AI-focused early stage venture fund, Gradient Ventures, which promises its portfolio startups access to Google engineers   —  - The idea is to spur innovation in artificial intelligence while also providing interesting experiences to Google engineers.
Jul 11, 2017, 4:05 PMIn context
CNBC:
Microsoft says it plans to cut thousands of jobs, mostly from its sales teams outside the US, starting today   —  Microsoft announced a major reorganization on Wednesday that will include thousands of layoffs, largely in sales.  —  The job cuts amount to less than 10 percent …
Jul 6, 2017, 12:12 PMIn context
Jordan Novet / CNBC:
Source: Amazon built language translation tech to use internally, plans to open it to devs, who could use it to offer sites and apps in multiple languages   —  - Amazon has built translation technology to use internally, and now it's looking to let third parties access it.
Jun 26, 2017, 12:32 PMIn context
Lora Kolodny / CNBC:
Sources: White House meeting Thursday on drones, 5G wireless to be attended by AirMap, Microsoft, AT&T, Verizon, Sprint, GE, Honeywell, NEA, and Lightspeed   —  - Tomorrow's tech summit at the White House will feature companies specializing in 5G wireless and drone technology
Jun 22, 2017, 8:25 AMIn context
Jordan Novet / CNBC:
Oracle beats Q4 estimates with $10.9B revenue, up 3% YoY, as total cloud revenue reaches $1.36B, up 58% YoY; stock up 8%+ after hours   —  Oracle shares jumped as much as 9 percent in extended trading on Wednesday after the company beat earnings estimates for the fiscal fourth quarter.
Jun 21, 2017, 4:40 PMIn context
Saheli Roy Choudhury / CNBC:
SoftBank invests $100M in Boston-based cybersecurity firm Cybereason, which uses behavioral analytics to detect threats   —  Cybereason, a Boston-based cybersecurity firm specializing in end-point detection and response to digital security breaches, on Wednesday announced it secured …
Jun 21, 2017, 10:00 AMIn context

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