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Technology / Media

German government drops Verizon

Two weeks after announcing an investigation into eavesdropping allegations made by Edward Snowden regarding the US National Security Agency (NSA), the German government drops Verizon as a service provider. The contract, which was due for…

Alibaba NYSE IPO announced

Alibaba has announced that it will list its shares in the New York Stock Exchange (NYSE), the largest Chinese firm to be listed in the US. Even though Nasdaq is usually chosen for technology shares, most bets were on an Alibaba NYSE IPO…

Nest Labs Dropcam acquisition set for $555m

The Nest Labs Dropcam acquisition is the latest move in Google’s quest to get more intimately into customer’s homes. Nest Labs, which belongs to Google, is to buy Dropcam, the home-monitoring startup for approximately $555 million. Although…

Oracle fourth quarter net income down 4%

Oracle fourth quarter net income declined by 4% to $3.6 billion compared to the fourth quarter a year ago, the company announced. Oracle shares fell the most in a year on Friday after its fiscal fourth-quarter report was published. The…