Madbits, a year-old company that uses deep learning technology to assign relevant information to raw images, has sold itself to Twitter, according to the Madbits website.
Amazon.com is investing US$2 billion more in India, which is witnessing an online retail boom.
Twitter more than doubled its sales in the second quarter, the company reported Tuesday, showing a strong advertising business.
Uber and Airbnb, which have already proved popular with travelers and urbanites with smartphones, have unveiled new features and links to other services designed to attract more business users.
Ericsson plans to acquire MetraTech, a vendor of billing systems based on metadata, as service providers eye new services using the Internet of Things.
Intel's US$740 million investment in software company Cloudera will help sell more x86 chips in Hadoop installations, but it could also be a defensive move to maintain its server lead from the emerging threat posed by 64-bit ARM servers.
Last week, Salesforce.com reported its fourth-quarter and year-end fiscal 2014 results, announcing a major bump in revenue and even raising its guidance significantly. But the fast-growing cloud vendor is also continuing to post significant losses as...
SAP's strategy event for the investment community on Tuesday offered few major surprises to anyone who's been closely monitoring the software vendor lately, but did serve to cement the company's future direction for product development, growth and cu...
By selling Motorola Mobility to Lenovo, Google is ending a combination that never really worked out while keeping assets that could prove valuable down the road.
If recent history is any indication, 2014 will be a busy year for the enterprise applications industry as vendors jockey for position and customers ponder moves from legacy ERP (enterprise resource planning) and CRM (customer relationship management)...
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