Prolexic Technologies raises US $30 million in series C financing led by new investors. Prolexic Technologies, a specialist in Distributed Denial of Service (DDoS) protection, raised US $30 million in series C funding led by Trident Capital and Intel Capital.
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Google wants piece of pie from ads, Chromecast as bait
Google wanted a piece of the pie from ads and Chromecast could be the way to do so. Chromecast, a US$35 device for streaming video and other digital content from a mobile device, could be the bait to get the big fish Google has long sought.
Ex-Microsoft exec retires from Juniper Networks
Juniper Networks' CEO and former Microsoft executive Kevin Johnson announced his retirement. Juniper Networks Inc. announced today that its chief executive officer, Kevin Johnson, will retire from his post after a new replacement is named.
Coca-Cola Enterprises Inc. experiences 11% drop in second-quarter profits
Coca-Cola Enterprises Inc. posted an 11% drop in profits for the second-quarter. Grappling with decreases in revenue and volume, Coca-Cola Enterprises Inc.
DLF sells stake on insurance company to Dewan Housing
India's DLF sells its shares in DLF Pramerica Life Insurance Company to Dewan Housing Finance Corp.
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Microsoft partnered with the Hong Kong Education Bureau to launch a three year free Office 365 program in the city.
Electronic Arts Inc. stated that US$90 million of the company's overall revenue of US$103 million came from developing games for tech titans like Apple.
IFC infuses US $50 million in Credit Suisse Mexico Credit Opportunities Trust, bringing the trust’s total capital to US $550 million.
Solar Frontier released their Solacis neo module today with a tagline saying that it is "thinner than the iPhone 5."
Adzuna has launched Jobsworth, a tool that gives a salary estimate of every job advertised. Classifieds search engine Adzuna has announced the launching of Jobsworth, a tool that enables users to view the salary estimate of any job advertised.
Investors said that Microsoft's stock performance was "sub-par". After its quarterly earnings release last Thursday, Microsoft stock decreased by almost 10% of its value.
Yesterday, Microsoft said that it will be using a 67-year old law to fight botnets. Using a law which dates back almost 70 years, giant tech company Microsoft announced today that it will be charging forward in the industry's long battle against spam bots.
Bunge Ltd. suffered a 50% drop in its second-quarter earnings compared to last year's figures.
Amazon was expected to release a report that would signify growth ranging from US$14.5 billion to US$16.2 billion.
