Warren Buffett’s Berkshire Hathaway acquired nearly $1-billion of shares in Activision Blizzard just before Microsoft agreed to buy the videogame maker.
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Microsoft is considering making a bid for cybersecurity research and incident response company Mandiant, a source said.
A whopping $600-billion of cash stashed at mega-cap technology companies could drive a wave of deal-making in the sector.
The entire computer component supply chain remains severely constrained and will likely stay that way throughout the rest of the year, Mustek has warned.
Sony Interactive Entertainment will acquire Bungie in a deal valued at $3.6-billion, making it the latest in a wave of consolidations sweeping the gaming sector.
After a brief scare, Microsoft reassured tech investors late on Tuesday that the enterprise Internet cloud business category has plenty of room to grow.
Promoted | Liquid Intelligent Technologies has welcomed the landmark decision by Icasa concerning the porting of non-geographic numbers.
IBM reported revenue that beat analysts’ estimates, signalling that the company’s efforts to transform the 110-year old tech giant are bearing fruit.
A couple of high-profile takeovers of videogame companies has stirred optimism that acquisitions will help technology stocks recover. That sentiment may be premature.
Oracle opened a data centre in South Africa on Wednesday to provide local cloud services across Africa for the first time.