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CA Technologies Buys Vancouver-Based Layer 7 Technologies For $180 Million
0By: Talha Bhatti | May 6th, 2013 | News
CA Technologies bought Canadian startup Layer 7 Technologies almost two weeks ago in a deal that had an undisclosed purchase amount. That mystery has now been solved as TechVibes reports the acquisition was made for a $180 million making it one of the "largest deals for a soft...
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Speculation Continues to Grow Over Apple’s Next Product
By: Zain Nabi | May 6th, 2013 | Apple, News, Smartphones
As the Worldwide Developer Conference nears, speculations continue to grow over Apple’s strategy with respect to bringing out its new product in the market. The conference will take place in June and it is expected that Apple will come up with at least some clue about its plans. So far, Apple has remained tight-lipped over numerous speculations during the past few months. Many analy...
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French Minister Hints at Welcoming Outside Interest in Dailymotion
By: Zain Nabi | May 6th, 2013 | News
France’s junior minister for digital economy Fleur Pellerin has hinted at welcoming outside interest in Dailymotion, an online video-sharing website owned by France Telecom’s Orange, saying there is no need for the website to remain owned completely by French companies. However, she maintained that there should not be any move aimed at suppressing the French workers paying their services for t...
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Brian Krzanich Named Intel’s New CEO
By: Zain Nabi | May 6th, 2013 | News
Intel has named its chief operating officer Brian Krzanich as the company’s new CEO who will replace Paul Otenllini during its annual shareholder meeting on May 16. The move comes as a disappointment for some investors who were hoping for the company to select someone from outside the organisation so that some rash changes could be made to tackle the company’s present difficulties. ...
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LX Ventures Purchases Canadian Startup Sosido Networks
By: Talha Bhatti | May 4th, 2013 | Business, News, O Canada
Sosido Networks is being acquired by LX Ventures in a reported deal worth $300,000. The Vancouver-based publicly traded incubator plans to grow its new purchase by increasing revenue and the customer base. They are also looking at improving the service. The startup is a community that allows healthca...
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NetFlix Claims It Is Not Worried About Content Piracy
By: Talha Bhatti | May 4th, 2013 | Business, News
Online video and movie streaming site, Netflix, faces the same issues from piracy that tradition content providers have to deal with on a daily basis. However it seems that the technology firm has a very different outlook about the situation and do not see piracy as a major threat. Traditional businesses have gone on the offensive against pirac...
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Canadian Tire Anounces Plans For An Advanced Cloud Computing Centre
By: Talha Bhatti | May 4th, 2013 | Business, News, O Canada
Canadian Tire Corporation, the parent company for other retailers and company's including Partsource, Gas+, FGL Sports, Mark's and Canadian Tire Financial Services, has announced in a press release that it is going be opening its "Canadian Tire Cloud Computing Centre" in the city of Winnipeg. The company plans to have the doors open by th...
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US Department of Defense Approves BlackBerry 10 Devices in Move Towards “Multi-vendor Environment”
By: Talha Bhatti | May 4th, 2013 | Business, News, O Canada, Smartphones
Canadian smartphone manufacturer, BlackBerry, has received some mixed news from the US Defense Department after it was announced that the latest BlackBerry 10 devices including the PlayBook tablet have gotten approval for use on the government run network. Samsung also received approval for its products that operate with Google's mobile oper...
