Global spending on technology will rise 6.2 percent in U.S. dollars to US$2.22 trillion in 2014, helped by an improving economy and growing interest in areas such as mobility and cloud computing, according to new data from Forrester Research.
Investments from network operators Telstra, Telefónica and others will help fuel Box's international expansion.
Don't expect any U.S.-made iPhones yet, but electronics supplier Foxconn Technology Group is expanding its manufacturing presence in the nation with a new US$40 million investment to tap research and talent in Pennsylvania.
Vodafone now plans to invest £7 billion (US$11.1 billion) in network and service improvements to turn around its sagging service revenue in Europe, the mobile operator said as it announced its results for six months to Sept. 30.
Aiming to produce more electronics with the "Made in USA" label, Foxconn Technology Group said Saturday it was considering setting up a factory in Arizona to possibly build TVs, display panels and product casings.
Facebook is moving to bigger offices in London and Dublin to accommodate its rapidly expanding European workforce.
BlackBerry will change its CEO and accept a $US1 billion loan from a consortium involving shareholder Fairfax Financial Holdings as it struggles with inventory and strategy problems. The company has abandoned plans to sell itself.
Apple plans to build a components plant in Mesa, Arizona, that will run entirely on renewable energy.
BlackBerry will change its CEO and accept a US$1 billion loan from a consortium involving shareholder Fairfax Financial Holdings as it struggles with inventory and strategy problems. The company has abandoned plans to sell itself.
Bitpay, a company that lets businesses accept payments in the Bitcoin virtual currency, has just processed its first US$1 million transaction.
Samsung Electronics has signed a 10-year supply agreement with Corning, the maker of Gorilla Glass, to ensure access to all of Corning's existing and future technologies.
China's Alibaba Group is poised to invest more in U.S. tech companies with the start of a new investment group that the e-commerce giant is setting up in San Francisco .
Japanese carrier SoftBank and gaming company GungHo Online Entertainment are investing US$1.5 billion for a 51 percent stake in Finnish game developer Softcell, highlighting how hot this sector has become.
Alibaba Group is targeting the U.S. market with a US$200 million investment in ShopRunner, an online retailer that competes with Amazon.com, a source familiar with the deal said Friday.
Twitter has filed for its long-awaited initial public offering, revealing a fast-growing company but one that lost money in each of the past three years.
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