NY Times: SFX Entertainment Buys Beatport EDM Site
The NY Times reports that SFX Entertainment, the company led by the media executive Robert F. X. Sillerman, has agreed to buy electronic music retailer Beatport as part of the company’s plan to build a...
View ArticleVentureBeat: IBM To Invest $1 Billion in Flash Storage R&D
VentureBeat reports that IBM has announced that it will be investing $1 billion in Flash research and development, as it sees a bright future in Flash storage. .
View ArticleTwitter Introduces Keyword-Based Ads
Twitter Inc. introduced a new feature that will allow advertisers to reach out to users based on keywords in their postings, increasing the tools available to marketers on the site. .
View ArticleReuters: Lehman Brothers Sues Intel Over $1 Billion in Seized Collateral
Reuters reports that bankrupt investment bank Lehman Brothers has sued Intel Corp., accusing the chip maker of capturing $1 billion in collateral in violation of a swap agreement, a court filing...
View ArticleReuters: Facebook in Talks to Purchase Israel’s Waze for about $1 Billion
Reuters reports that Facebook Inc. is in advanced talks to purchase Israeli mobile satellite navigation start-up Waze, for somewhere between $800 million to $1 billion, according to reports by business...
View ArticleBloomberg: Google Said To Be Thinking About Purchasing Waze
Bloomberg reports that Google Inc., creator of the Android operating system, is thinking of buying map-software provider Waze Inc., which may lead to a possible bidding war with Facebook Inc., people...
View ArticleReuters: DirecTV and Two Other Bidders Offer More Than $1 Billion Each for Hulu
Reuters reports that satellite operator DirecTV and two other bidders have presented bids of more than $1 billion each to purchase Hulu, a source having knowledge of the bidding process said on Friday,...
View ArticleBloomberg: IBM Said to Commence U.S. Job Reductions
Bloomberg reports that International Business Machines (IBM), the world’s largest computer-services provider, has started reducing U.S. jobs within its global restructuring strategy announced in April,...
View ArticleLinkedIn Cashing In: Social Network To Raise $1B In Share Offering
Forbes reports that LinkedIn has filed documents with the SEC revealing plans to raise about $1 billion in a share offering in order to strengthen its balance sheet, as its stock trades near all-time...
View ArticleGreylock Partners Raises $1 Billion for New Fund
Greylock Partners, a venture capital firm with offices in Cambridge and Silicon Valley, announced it has raised $1 billion for its latest investment fund, which will continue to focus on early-stage...
View ArticleGTA V Gathers $1 Billion Within Span of 3 Days From Release
VentureBeat reports that GTA V has now hit $1Billion in sales in a span of just 3 days since release. This makes GTA V the fastest selling entertainment property in the entire history of entertainment...
View ArticleTwitter Discloses Plans for IPO
In what's certain to be one of the most highly anticipated initial public offerings ever, San Francisco-based social networking giant Twitter on Thursday officially unveiled plans to raise up to $1...
View ArticleCall of Duty: Ghosts Breaks Single Day Sales Record with $1 Billion
Yahoo reports that Call of Duty: Ghosts has now broken the record for game sales in a single day. On the day of its release, Activision reports revenue of more than $1 billion. After its midnight...
View ArticleGrand Theft Auto V Surpasses 33 Million Units Sold
VentureBeat reports that Take-Two Interactive Software stated today that it has sold over 33 million copies of Grand Theft Auto V since its launch last September. .
View ArticleYouTube to Purchase Streaming Service Twitch for $1 Billion?
On Sunday, both the Wall Street Journal and Variety reported that YouTube is in talks to buy Twitch for more than $1 billion. Neither company was commenting publicly on Monday but there has been no...
View ArticleBloomberg: Google Said To Be Thinking About Purchasing Waze
Bloomberg reports that Google Inc., creator of the Android operating system, is thinking of buying map-software provider Waze Inc., which may lead to a possible bidding war with Facebook Inc., people...
View ArticleReuters: DirecTV and Two Other Bidders Offer More Than $1 Billion Each for Hulu
Reuters reports that satellite operator DirecTV and two other bidders have presented bids of more than $1 billion each to purchase Hulu, a source having knowledge of the bidding process said on Friday,...
View ArticleBloomberg: IBM Said to Commence U.S. Job Reductions
Bloomberg reports that International Business Machines (IBM), the world’s largest computer-services provider, has started reducing U.S. jobs within its global restructuring strategy announced in April,...
View ArticleLinkedIn Cashing In: Social Network To Raise $1B In Share Offering
Forbes reports that LinkedIn has filed documents with the SEC revealing plans to raise about $1 billion in a share offering in order to strengthen its balance sheet, as its stock trades near all-time...
View ArticleGreylock Partners Raises $1 Billion for New Fund
Greylock Partners, a venture capital firm with offices in Cambridge and Silicon Valley, announced it has raised $1 billion for its latest investment fund, which will continue to focus on early-stage...
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