Tag Archives: investment

Google Capital to make investments in maturing tech firms

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Google Ventures has a reputation for backing tech winners early on — it gave a boost to this little startup called Nest, for example. It wants to exert influence every step of the way, however, and it’s launching Google Capital to make this happe…


President Obama nominates Tom Wheeler as next FCC Chairman

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Not that there was much doubt after yesterday, but President Obama has just officially nominated Tom Wheeler to be the next Chairman of the FCC. In a statement, outgoing Chairman Julius Genachowski says that he has known Wheeler personally and pro…


Google forms the Glass Collective to invest in eye technology entrepreneurs

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Google believes that it’s naive to build a wearable technology like Google Glass and expect successful businesses to simply materialize from thin air; those firms will need a financial nudge, too. Accordingly, Google is forming the Glass Collective t…


Canada takes aim at Silicon Valley with new startup visa program

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The Canadian government today officially launched its Start-Up Visa Program, as part of an ongoing effort to lure foreign-born entrepreneurs within its borders — and away from Silicon Valley. The initiative, first announced in J…


Dell details rival takeover bids from Blackstone and Carl Icahn

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As reported on Saturday, Michael Dell’s attempt to take Dell private has been challenged by a pair of rival bids. In a press release this morning, Dell’s board confirmed that it has received “two alternative acquisition proposals” fro…


Blockbuster UK sold to investment firm, half its stores to close

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A little more than two months after Blockbuster announced it had gone into administration, the British equivalent of filing Chapter 11 bankrupcy, the company has found a buyer. Reuters reports that Gordon Brothers Europe has purchased…


Michael Dell’s buyout plans reportedly challenged by two rival bids

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Bloomberg is reporting that Blackstone Group has submitted a preliminary offer to buy Dell. Citing a “person familiar with the matter,” the publication says the bid commits Blackstone to hold takeover discussions with the Texas comput…


AT&T rolls out monstrous 30GB, 40GB, and 50GB shared data tiers starting at $300 monthly

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It’s unlikely you’ll ever see unlimited data from AT&T again, but the carrier today rolled out three new Mobile Share packages for its most data-hungry customers. The company’s previous shared tiers topped out at 20GB, but now you…


Microsoft’s Xbox chief predicts ‘we’ll all be wearing 10 sensors’ in the next decade

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While Microsoft’s main investment in sensor technology has been Kinect, the software maker hasn’t ventured into wearable devices recently. With devices like Jawbone and Nike’s FuelBand soaring in popularity, and Google’s Glass set to …


Microsoft says Surface is the Apple competitor its partners failed to build

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Surface, Microsoft’s hyped entry into the hardware market, left many puzzled. Is it Microsoft “priming the pump” as CEO Steve Ballmer originally claimed, or a more serious strategy of investment in hardware and devices? Speaking at Mi…