WhatsApp denies rumours of sale to Google for US$1bn
Popular cross-platform mobile messaging app WhatsApp has quashed rumours that it is in discussions to sell the company to Google for up to US$1bn.
09.Apr.2013 09:26
Latest Business Stories
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HTC profits continue to nosedive thanks to delayed release of One smartphone
HTC’s financial results for the first quarter of 2013 show how its profits have plunged year-on-year, though the smartphone manufacturer is no doubt hoping for a turnaround in Q2 driven by its new flagship device.
08.Apr.2013 13:44
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The technology business week: Aer Lingus grounds talk of San Francisco direct flights; Disney shuts LucasArts
A digest of the top business technology news stories from the past week.
08.Apr.2013 10:59
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Weekend news round-up: Why Bitcoin is minting it; Google's US$100m man
In our trawl through the weekend's most popular tech stories, we learn about Neal Mohan, Google's US$100m digital advertising genius; how Bitcoin is making banks and governments nervous; tensions among Amazon traders over fee hikes; and why Facebook's Mark Zuckerberg chose not to build a Facebook phone.
08.Apr.2013 10:23
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Financial results this week
Technology companies scheduled to release their financial results this week.
08.Apr.2013 06:00
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Former Intel, EMC and Bord Gais senior brass join WiseTek board
Former Intel Ireland general manager Jim O’Hara, ex-senior VP at EMC Dick Lehane and former Bord Gais CEO John Mullins have joined the board of Cork-headquartered OEM services company WiseTek Solutions.
05.Apr.2013 13:29
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Samsung reports US$7.7bn Q1 operating profit, up 53pc on last year
Consumer electronics giant Samsung has predicted a stronger first quarter than expected after estimating it has made operating profits of US$7.7bn on the same period last year.
05.Apr.2013 11:16
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Nokia closes flagship store in Shanghai, China
Nokia shoppers in Shanghai, China, will have to buy the company’s mobile devices at retailers and mobile carriers, now that Nokia has closed what it had deemed its largest store in the world, in an effort to save costs.
05.Apr.2013 09:42
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HP board chairman Raymond J Lane and two directors to step down
Computer maker HP’s acquisition of software firm Autonomy has appeared to come back to haunt its chairman of the board, Raymond J Lane, who is to step down from the role, in addition to directors John H Hammergren and G Kennedy Thompson also leaving the board.
05.Apr.2013 08:49
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Disney pulls the plug on LucasArts
Only six months after acquiring the games developer, the Walt Disney Company is shutting down LucasArts, the firm behind the Star Wars and Monkey Island series of games.
04.Apr.2013 15:02
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Angry Birds maker Rovio flying high on 101pc revenue increase
Angry Birds creator Rovio has something to crow about: a 101pc increase in total consolidated full-year revenue, thanks to growth in games revenue and sales of consumer products, which reached €152.2m in 2012, compared to €75.6 in 2011.
04.Apr.2013 12:46
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Cisco to acquire mobile-networking company Ubiquisys for about US$310m
Networking equipment maker Cisco is to acquire Ubiquisys, a provider of intelligent 3G and long-term evolution (LTE) small-cell technologies, for about US$310m.
03.Apr.2013 15:48
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Verizon denies joint plans with AT&T to bid for Vodafone in €200bn mega merger
US telecoms player Verizon has blasted speculation that it plans to co-operate with AT&T in a bid to buy UK telecoms giant Vodafone in a transaction rumoured to be worth in excess of €200bn.
03.Apr.2013 09:19
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Accenture acquires ChangeTrack Research
Technology consulting firm Accenture has snapped up ChangeTrack Research, a provider of analytics-based tools and services for change management, for an undisclosed sum.
03.Apr.2013 06:00
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Aer Lingus dismisses rumours of San Francisco direct flights as just speculation
Aer Lingus has dismissed rumours that it plans to resume its schedule to San Francisco as speculation. It had been rumoured the airliner would later today reveal plans to re-introduce direct flights to San Francisco by the autumn.
02.Apr.2013 14:44
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Masterminding European tech mergers and acquisitions
Because of the size of Silicon Valley and the volume of money raised and numbers of companies being bought and sold every week, Europe doesn’t often seem to be as exciting a space for tech mergers and acquisitions (M&As) despite the evidence, such as Microsoft’s acquisition last year of Skype, which originated in Sweden, for US$8.5bn.
02.Apr.2013 13:24
