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Life for anyone involved with the troubled former internet titan, Yahoo, is continuing to get worse. With a recent history of failed spinoffs, strategic blunders, falling market share, and a continual brain drain as employees jump ship to competitors, it now also seems that Verizon’s $4.8 billion bid for... Read more
The owner of 4chan has posted a message on one of its boards admitting that the sometimes controversial website is experiencing something of a cash flow problem. The website which critics claim often showcases the darkest recesses of web subcultures is in financial trouble, and according to Hiroyuki Nishimura... Read more
Alternative energy is a real head-scratcher. Very few people doubt the benefits of clean energy and the need for…never mind, forgot the US Presidential debates were on last night. It turns out a large number of people actually doubt the benefits of clean energy. But moving on. Yes, clean... Read more
As tech companies go, Apple is certainly outside the norm. Its cash-on-hand balance notwithstanding–an amount that surpasses the GOP of quite a few countries–the company has managed to weather the storms over the years and survive in an industry where Silicon Valley startups come and go before the ink... Read more
One of the universal truths about civil litigation is that you can’t get blood from a turnip. The old phrase refers to the practice of suing the “bigger fish,” such as suing the entire fast food chain for the actions of a lowly hourly wage employee, because being awarded... Read more
It’s always fun to speculate every time Major Corporation A buys Huge Technological Thing from Major Corporation B, especially since so much of the reasoning depends on top-secret, forward-thinking projections that neither corporation can make public due to investor considerations. So, that makes Google’s purchase of Nest from Alphabet... Read more
Cisco Systems Inc has announced it will lay-off around 5,500 employees over the next 12 months; a large proportion of the network equipment maker’s global workforce. Earlier credible reports had indicated that up to around 20%, or 14,400, jobs were to go, inciting controversy that the company may have... Read more
The trial of a Russian man accused of orchestrating a hacking scheme that targeted US pizza restaurants began this week in the USA. Prosecutors allege that Seleznev was the master hacker behind $170 million worth of fraudulent purchases, that mostly took place at targeted pizza restaurants in the USA.... Read more
In the world of data breaches, phishing scams are some of the easiest to pull off, requiring very little tech know-how, at least compared to something like a retail or hospital data breach. As the name implies, the scammer simply casts the net by sending out mass emails, entices... Read more
Ransomware is currently on track to become the most prevalent form of malware affecting business, with almost 40 percent of businesses experiencing a ransomware attack last year alone. According to a report by security firm, Malwarebytes, which surveyed 500 companies in four countries, their research found that one-third of targeted... Read more
In the often hush-hush world of tech investing, corporate mergers, and acquisitions, it’s rare to see such a family reunion of sorts as the recent sale of Uber’s operations in China. The ride-sharing company has sold its Chinese branch of the business to competitor Didi Chuxing, which has implications... Read more
…And Yahoo Becomes Just Another Footnote In The History Of The World Wide Web. Yes that’s right, Yahoo, the once ruling overlord of the World Wide Web has sold its core internet business properties to Verizon for $4.83 billion in cash. The news marks an ignoble end to a... Read more
Yahoo, a once Titan of the World Wide Web had only surprise in its latest quarterly release last week, and that was that the results weren’t quite as bad as everyone had expected. Not that that says much about the shape of the company. The only thing apparently holding up... Read more
Every time I think I won’t get another story out of the Ashley Madison.com hacking story that occurred last year, up pops another one. This is the news that the extramarital dating site is now under investigation by US regulator, almost a year after the controversial dating company’s entire... Read more
New research shows that the number of software startups in the last couple of years has declined sharply. All good things must come to an end, it seems, and in the world of software, it seems to be true than ever before. The technology sector is no stranger to... Read more
If even the Facebook CEO covers his webcam with tapes, shouldn’t we all be doing it? When Facebook creator, Mark Zuckerberg posted a photo earlier this week to mark Instagram’s 500th million user milestone, he probably didn’t imagine that what was going on in the background would garner more... Read more
Dell is ditching its software division in favor of boosting its original gold mine, hardware. When a company starts piece-mealing out its different branches, it can often be taken as a sign that things may not be going well financially. Selling off acquisitions or proprietary patents can be a... Read more
Despite cutting their losses in the smartphone market and trying to spin off 2014 acquisition Nokia into the night, Microsoft has announced it is now buying the business focussed social networking site, LinkedIn, for a massive $26.2 billion. The deal will be Microsoft’s biggest ever purchase and is Chief... Read more