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Wednesday - July 30, 2014
Twitter posted healthy revenue for the second quarter -- US$312 million, up 124 percent year-over-year. Its profit? Not there yet. However, even though the company reported a net loss of $145 million, investors are likely to overlook the lack of profit for some time. Financials aside, what Twitter really wants everyone to know is that it is big -- as in average monthly user big. [More...]

Wednesday - July 30, 2014
The TV game show The Price is Right may be an entertaining diversion, but for federal information technology vendors, getting the price right in government contracts is serious business. Two major software providers, Symantec and CA Technologies, recently found out how serious it can be as a result of separate U.S. Department of Justice investigations. [More...]

Tuesday - July 29, 2014
BlackBerry on Tuesday announced plans to acquire Secusmart, a developer of high-security voice and data encryption and anti-eavesdropping technologies. Mobile devices increasingly are being used for more critical tasks and to store more critical information, noted CEO John Chen. "The acquisition of Secusmart underscores our focus on addressing growing security costs and threats." [More...]

Tuesday - July 29, 2014
China's State Administration for Industry & Commerce on Tuesday announced it has launched an investigation into Microsoft under the country's antimonopoly laws, according to press reports. The announcement comes days after SAIC officials reportedly raided Microsoft offices in four cities, seizing documents, emails and other data from servers and computers, among other things. [More...]

Tuesday - July 29, 2014
Let's get one thing straight: E-commerce will not kill the physical retail store. Hold on, I hear you object, the digital world has utterly disrupted our shopping habits. We rarely enter a store without having researched the big-ticket items we want to buy. Much of our holiday shopping is done with a mouse click. When we do venture into a store, we rarely do so without clutching a smartphone. [More...]

Tuesday - July 29, 2014
It appears Apple is close to acquiring talk radio app Swell for $30 million. Much of Swell's development team reportedly will be joining Apple, and the app is expected to be shut down sometime this week. Although Swell managed to raise $7.2 million from the likes of DFJ, Google Ventures and InterWest Partners, it hasn't been able to get much traction in the crowded iTunes App Store. [More...]

Monday - July 28, 2014
China is ramping up its campaign against Microsoft, following its ban in May on the installation of Windows 8 on government computers. Officials of China's State Administration for Industry & Commerce reportedly have made unannounced visits to Microsoft offices in Beijing, Shanghai, Guangzhou and Chengdu. They apparently questioned staff in at least one office. [More...]

Monday - July 28, 2014
Looking for evidence of disability fraud, the district attorney for Manhattan last year obtained 381 search warrants and served them on Facebook as part of a long-term investigation into a massive scheme. The search warrants were "sealed," which means they were not made public. Ultimately, 106 former New York police and firefighters were arrested. [More...]

Monday - July 28, 2014
Another Yahoo acquisition hit the news last week -- Flurry Analytics, and it was widely seen as a bid to raise the company's profile in the hot mobile ad market. Mobile advertising will exceed $31 billion this year, eMarketer has predicted. The market currently is dominated by Facebook and Google, which together account for more than 75 percent of all mobile ads worldwide. [More...]

Friday - July 25, 2014
Google apparently is adding another prominent streaming video service to nestle alongside YouTube in its stable. It reportedly has acquired Twitch for around $1 billion. When the deal will be announced and the official purchase price are not yet clear, though Twitch investors are said to be pleased with their return. Twitch allows gamers to stream their gameplay and commentary to others. [More...]

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