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Technology 10 Aug 2010 | 12:00 AM

Internet call service Skype files for IPO

b>NEW YORK:/bSkype SA, the Internet calling service that was controlled until last year by eBay Inc, filed for a US initial public offering.

Technology 15 Oct 2010 | 12:00 AM

Investment vultures increase pressure on Yahoo! CEO

b>SAN FRANCISCO/b>: With buyout vultures circling the Internet company, Yahoo! Inc CEO Carol Bartz may have to accelerate her timetable for engineering a turnaround if she wants to save her job.

Technology 24 Nov 2010 | 12:00 AM

SAP hit by shocking RM4bil verdict in Oracle trial

b>SAN FRANCISCO:/bA federal jury ordered SAP AG to pay US$1.3bil (RM4.2bil) to its archenemy Oracle Corp for stealing customer-support documents and software in a scheme to siphon off customers.

Technology 04 Jan 2011 | 12:00 AM

Investments place value of Facebook at RM160bil

b>NEW YORK/b>: An injection of cash that values Facebook at US$50bil (RM160bil) will help it delay going public for at least another year, giving the company breathing room to focus on long-term ambition rather than short-term profit.

Technology 07 Jan 2011 | 12:00 AM

SEC rule likely to trigger Facebook IPO in 2012

b>SAN FRANCISCO/b>: With so many investors becoming fans of the company, Facebook will be legally required to begin sharing more information about its finances and strategy by April 2012, according to documents distributed to prospective shareholders.

Technology 18 Jan 2011 | 12:00 AM

Goldman Sachs limits Facebook private offering

b>NEW YORK/b>: Goldman Sachs Group Inc has prohibited US investors from participating in a private offering expected to raise up to US$1.5bil (RM4.8bil) for social networking site Facebook, citing widespread media coverage that could run afoul of securities guidelines.

Technology 26 Jan 2011 | 12:00 AM

Yahoo!’s Q4 earnings double despite falling revenue

b>SAN FRANCISCO:/bYahoo! Inc's fourth-quarter earnings more than doubled, but the Internet company's crumbling revenue showed that it's still struggling to cash in on the online advertising boom.

Technology 25 Feb 2011 | 12:00 AM

RM154mil bet on storage service

b>SAN FRANCISCO:/bSome technology-savvy venture capitalists are making a big bet on a promising Internet company run by a 26-year-old college dropout in Palo Alto, California. Only this time, the object of their financial affection isn't Facebook and its CEO Mark Zuckerberg.

Technology 11 Apr 2011 | 12:00 AM

Google gets nod to buy travel software firm

b>WASHINGTON/b>: Google Inc won government clearance with restrictions for its US$700mil (RM2.24bil) purchase of airline fare tracker ITA Software in a deal that will give the Internet search giant a key role in online travel.

Technology 29 Apr 2011 | 12:00 AM

Microsoft Q3 growth overshadowed by Tablet threat

b>WASHINGTON/b>: Even as Microsoft Corp's earnings grow at a robust rate, investors can't seem to shake the feeling that the boom days are winding down for the world's largest software maker.