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AOL said Monday that it has closed the $850 million purchase of Bebo and has put Bebo CEO Joanna Shields in charge of the newly acquired social network, AIM and ICQ. Shields will be in charge of a new AOL unit dubbed "People Networks." The general theme (Techmeme): Integrate social networking...
New display technologies often precede innovations like the iPhone, Microsoft's Surface and other new toys. With that in mind, it's worth noting that AU Optronics has unveiled a curved LCD display. On Monday, AU Optronics, a leading LCD component manufacturer based in Taiwan, said it will sho...
Updated with Yahoo response, more on potential search deal: Microsoft on Sunday issued a statement that opens the door to a partnership with Yahoo, but not an acquisition. Now Microsoft is talking some sense (Techmeme). The 20-second version of this Microhoo drama so far. Microsoft bids for Ya...
Amid the Facebook move to block Google's Friend Connect, the search giant has responded. As expected, Google had a few issues with Facebook's privacy assessment of Google Friend Connect. There's a lot of debate on Techmeme about the issue and it's a big one as all of these companies are w...
Apple's iPhone will be headed to a few more countries courtesy of a new deal with French telecom carrier Orange. In a statement, Orange said: Orange today announced a new agreement with Apple to bring the iPhone to Orange customers in Austria, Belgium, the Dominican Republic, Egypt, Jordan, Po...
Yahoo filed its internal communications about Carl Icahn's proxy war plans with the Securities and Exchange Commission. The takeaway: Yahoo CEO Jerry Yang has been writing a lot of emails. To senior vice presidents at Yahoo, Yang delivered a few talking points following Icahn's first volley a...
Flextronics will install Workday's on-demand human capital management software for 200,000 employees. According to InformationWeek, Workday beat out SAP and Oracle for Flextronics business in what Mary Hayes Weier described as tipping point deal for SaaS. Workday also won a 26,000 employee deal...
Dell said Wednesday that it is designing its laptops and desktops to consume up to 25 percent less energy by 2010 compared to today. Welcome to the latest in the "we're greener than you" game where green technology intersects with marketing-speak. Green IT is fashionable, but increasingly b...
The LiMo Foundation, a consortium that is building an open software platform for handsets based on Linux, has added Mozilla and Verizon to its roster The full roster of partners added today includes: Infineon Technologies; Kvaleberg AS; Mozilla Corporation; Red Bend Software; Sagem Mo...
MySpace won statutory damages of more than $230 million against spammers Stanford Wallace and Walter Rines, but the big question is whether this rulingâ€"delivered in the Federal District Court in Los Angelesâ€"will act as a deterrent. To be sure, MySpace's win (see court order PDF) has some ey...
"We're running the playbook we know how to run very well," said Hurd, on a conference call with analysts. "We know how to get significant leverage out of our scale. We spent double-digit thousands of hours on the due diligence and planning. This thing (EDS) is very attractive. We didn't bake in a lot of revenue synergies, but they are there."
HP acquired EDS in a deal valued roughly at $12.8 billion. The move was outlined Tuesday morning amid a healthy dose of skepticism. Here's a memo from EDS CEO Ron Rittenmeyer, who will now report to HP CEO Mark Hurd.
Sprint Nextel said Monday that it has lost more than 1 million customers in the last year. Sprint, which has been busy of late with a WiMax joint venture with Clearwire and alleged takeover overtures from Deutsche Telekom, provided a healthy dose of its financial reality with its first quarter results.
Updated: Google on Monday outlined its Google Friend Connect, a service that promises to insert social features into any application and any site. Sound familiar? It is. MySpace has its friend connect service and Facebook has its version. Add it up and you have a good old fashioned ground war ...
Powerset has rolled out its semantic search engine and has managed to get a ton of attention. The larger question for me: Does it deliver? And where does Powerset make the most sense? Powerset on Monday introduced its natural language search for Wikipedia content (Techmeme). This effort is really a proof of conceptâ€"a strong oneâ€"to indicate what is possible if the Web were to go semantic. Powerset has raised $12.5 million in Series A funding and as Dan Farber notes will need more money if it's going to index the Web.
