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Two Yahoo investors, acting independently, have publicly called for radical changes or a potential sale of the firm. Both Canyon Capital Advisors and SpringOwl Asset Management apparently were unappeased by last week's announcement that Yahoo would spin off its core Internet business. Canyon Capital...

Alibaba Group last week announced that it has entered an agreement to buy the South China Morning Post and other media assets of SCMP Group. Alibaba, which claims to be the world's largest online and mobile commerce company, said its vision was to provide objective coverage of China to readers aroun...

Amazon has pulled some of this holiday season's most popular gifts from its website amid safety concerns, according to reports that surfaced Monday. It apparently stopped selling several brands of electric self-balancing scooters -- aka "hoverboards" -- including the Swagway. The move comes on the h...

T-Mobile last week introduced its latest promotion aimed at attracting subscribers from rival mobile phone carriers: 12 months of Hulu streaming service for Verizon customers who switch to T-Mobile.. The promotion, which the company called the fourth gift in its series of holiday surprises, follows ...

Atlassian last week exceeded expectations with its initial public offering, beginning trading at more than $27 per share, about 30 percent higher than the $21 issue price. That means the company -- trading under the ticker "TEAM" -- was valued at about $5.6 billion Thursday. Atlassian's shares close...

Twitter on Thursday revealed it's testing the expansion of promoted tweets aimed at logged-out users. The company has been searching for ways to monetize the patronage of the roughly 500 million logged-out users per month who hop off Google for a moment to read tweet or two. The glue here is more tw...

Walmart on Thursday introduced its own mobile payments solution to let customers make in-store purchases with an Android or iOS smartphone. The move will make it the only retailer to compete with third-party mobile payment systems. Walmart currently is rolling out the feature through its Walmart mob...

Australian police on Wednesday raided the home of a shadowy figure who just hours earlier had been outed as one of the original founders of bitcoin digital currency in two separate media reports. Identified in multiple media reports, Australian entrepreneur Craig Steven Wright was said to be the man...

IBM Leaps Into Video Delivery

IBM on Tuesday revealed that it has acquired Clearleap, a company that develops cloud middleware for streaming video between endpoints. Clearleap's scalable video platform can support millions of concurrent users in the event live broadcasting is in high demand. Customers of the company, which recen...

Can you imagine Microsoft and Apple actually liking each other? Who'da thunk such a thing was even possible? However, the holiday spirit is alive and well at Microsoft. The company flew a bunch of workers from around the country into New York City for something very special. Microsoft workers and a ...

Sen. Dianne Feinstein, D-Calif., on Tuesday reintroduced a bill that would require technology companies to alert law enforcement of certain activities that might be related to terrorist threats. Cosponsored by Sen. Richard Burr, R-N.C., the Requiring Reporting of Online Terrorist Activity Act would ...

Mozilla on Monday launched Focus by Firefox, a free ad blocker for Safari users on iOS 9. It lets users block the same trackers blocked by Private Browsing with Tracking Protection in Firefox for the Windows, Mac, Linux and Android platforms. The protection is based on Disconnect's open source block...

Yahoo Spins in Reverse

Yahoo on Wednesday announced that its board of directors decided to suspend plans to spin off its Alibaba holdings and instead will undertake a reverse spinoff, transferring its other assets and liabilities to a newly formed company. The stock of the newly formed company will be distributed pro rata...

The good news for federal information technology managers -- and the vendor community -- is that government IT budgets will remain stable for the next few years in terms of projected spending. An additional potential benefit is that a recent budget agreement will support agencies for two years, remo...

Apple has increased from 25,000 to 100,000 the maximum number of music tracks that can be uploaded to the personal libraries of Apple Music and iTunes Match users, according to media reports Sunday. When Apple launched its streaming music service, Apple Music, in June, Eddy Cue, senior vice presiden...


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