Deals

AT&T and Time Warner on Saturday announced they had reached a merger deal, setting off alarm bells across the industry. AT&T has agreed to buy Time Warner for $85.4 billion. At least a year's worth of regulatory scrutiny, public hearings and political maneuvering is expected. The deal, which...

AT&T and Time Warner on Saturday announced they had reached a merger deal, setting off alarm bells across the industry. AT&T has agreed to buy Time Warner for $85.4 billion. At least a year's worth of regulatory scrutiny, public hearings and political maneuvering is expected. The deal, which...

Just when most of the country is on vacation -- including the U.S. Congress -- federal government agencies become active in awarding contracts. The federal fiscal year ends on Sept. 30, and many agencies wait until the last quarter of the year to make acquisitions. The last few months have brought b...

Salesforce, the last known suitor for Twitter, last week officially bowed out of the running for an acquisition deal, a move that forces the embattled company either to look for a new savior or find some internal answers to its lingering inability to find a winning growth strategy. Salesforce walked...

Verizon last week indicated that its $4.8 billion acquisition of Yahoo could be in jeopardy in light of its delay in disclosing a massive 2014 data breach that compromised about 500 million account holders. Verizon may need some additional assurances about the effects of the breach, suggested Genera...

McLaren Technology Group, which manufactures Formula One and luxury supercars, last week denied rumors that it was engaging in discussions with Apple regarding a possible purchase or strategic investment. Apple has been pursing a highly secretive project to develop its own venture in the electric an...

Microsoft on Monday announced a series of major enhancements to its enterprise cloud platform, as well as a new strategic partnership with Adobe, advancing its drive to attract new business from core competitors like Salesforce and Amazon. Microsoft has entered a strategic partnership to make Azure ...

Yahoo on Thursday disclosed that a data breach in late 2014 resulted in the theft of information from at least 500 million customer accounts. Based on a recent investigation, it appears that state-sponsored hackers carried out the attack, the company said. Account information compromised includes na...

Oracle has agreed to acquire cloud access security broker Palerra, whose LORIC software manages security and compliance for applications, workloads, and sensitive data stored across cloud services, the companies announced Sunday. Palerra "offers a unique combination of visibility into cloud usage, d...

The disruption of the IT and software industry by the rapid rise of cloud and SaaS continues to take a toll on the biggest players in the business. In their latest round of desperate moves to reposition themselves in the radically changing marketplace, the major companies of the past have been willi...

The European Union on Tuesday nailed Apple with a $14.5 billion bill for back taxes. "The European Commission has today has adopted a decision that Apple's tax benefits in Ireland are illegal," said EC Competition Chief Margrethe Vestager at a press conference in Brussels. Tax breaks Ireland grant...

Gawker Media owner Nick Denton on Thursday revealed that Gizmodo, Lifehacker, Kotaku, Jalopnik, Jezebel and Deadspin will continue with their current writers and other staff members following the company's sale to Univision, but that neither he nor Gawker.com will be included in the transition. The ...

Intel last week announced the acquisition of startup Nervana, in a bid to enhance the company's capabilities in artificial intelligence and deep learning. Nervana jumped out of the gate at its 2014 launch with a robust platform for deep learning, a framework called "Nervana Neon," and the Nervana En...

GV founder Bill Maris on Wednesday said that he was departing the company after an eight-year tenure, and that his replacement would be David Krane, a managing partner and one of his chief deputies at the Alphabet-owned venture capital firm. Krane is a 17-year Google veteran. Maris reportedly wanted...