Adobe Systems has agreed to buy e-commerce company Magento for US$1.7bn in a bid to capture a bigger slice of the digital commerce industry from Salesforce.com and Oracle. The Photoshop software provider is making
Browsing: World
Sony is buying EMI Music Publishing, getting its hands on a catalogue of 2.1m songs from Beyonce, Carole King and other artists as it embarks on a new growth plan built on content and services. The Japanese company will
Facebook co-founder Mark Zuckerberg’s testimony to the European parliament on Tuesday on the Cambridge Analytica scandal will be broadcast live on the Internet. Zuckerberg agreed to the Web feed after
Sony is done working for peanuts in the hardware business. Kenichiro Yoshida, who took over as CEO in April, is set to unveil a three-year plan on Tuesday that embraces Sony’s growing reliance on income from gaming
BMC Software is working with advisers to weigh a sale, according to people familiar with the matter, five years after Bain Capital and Golden Gate Capital took it private in a $6.9bn deal. The IT management provider has drawn
Institutional investors haven’t been this sceptical about Apple since at least the financial crisis. They reduced their holdings in the iPhone maker by about 153m shares in the first three months of the year, an analysis
Tencent Holdings, in which JSE-listed Naspers holds a 31.2% stake, posted first-quarter profit that blew past analysts’ estimates, bolstered by mobile game blockbusters like PlayerUnknown’s Battlegrounds
Vodafone Group CEO Vittorio Colao is leaving after a decade of retreating from aggressive global growth in favour of the European market, handing the reins to company veteran Nick Read. Colao, 56, will depart from the
US President Donald Trump’s conciliatory move to help Chinese telecommunications equipment maker ZTE stoked bipartisan condemnation in Washington on Monday, as lawmakers warned the US president’s
President Donald Trump has ordered the US commerce department to get ZTE back into business, weeks after cutting off the massive Chinese telecommunications equipment maker from its US suppliers with a condemnation