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SanDisk buys storage rival Fusion-io for $1.6 bn

US computer storage company SanDisk said Monday it was buying flash memory firm Fusion-io for $1.6 billion. The deal will help SanDisk, a maker of memory cards used for computers, smartphones and other devices, to boost its flash memory capacity with… Read More »

Google gets 12,000 requests to be ‘forgotten’ on first day

Google gets 12,000 requests to be ‘forgotten’ on first day (via AFP) Google received 12,000 requests from people seeking to be “forgotten” by the world’s leading search engine on the first day it offered the service, a company spokesman in Germany said Saturday. The requests, submitted on Friday, came after Google set… Read More »

US durable goods orders rise in April

New orders for US durable goods rose for a third consecutive month in April, official data released Tuesday showed, pointing to momentum in the manufacturing sector. Durable goods orders rose 0.8 percent in April, the Commerce Department said. The gain… Read More »

AT&T to buy DirecTV for nearly $50 billion

AT&T to buy DirecTV for nearly $50 billion (via AFP) US telecommunications giant AT&T clinched a deal Sunday to acquire broadcast satellite service provider DirecTV for nearly $50 billion. Shareholders are set to receive $95 per share under the terms of the merger, including $28.50 per share in cash and… Read More »

Apple eyeing Beats Electronics for $3.2 bn

Apple eyeing Beats Electronics for $3.2 bn (via AFP) Apple is eyeing a $3.2 billion buyout of Beats Electronics, the firm founded by rapper Dr. Dre that makes headphones and other audio products, in what would be Apple’s biggest acquisition yet, news reports said. A deal could be reached as early as next… Read More »

Will Detroit Be The First Major Chinese City In The United States?

theeconomiccollapseblog.com Is Detroit destined to become a Chinese city?  Chinese homebuyers and Chinese businesses are starting to flood into the Motor City, and the governor of Michigan is greatly encouraging this.  In fact, he has formally asked… Read More »

US economy rebounds, adding 288,000 jobs in April

US economy rebounds, adding 288,000 jobs in April (via AFP) The US economy pumped out 288,000 jobs in April, the highest pace in over two years, in a fresh confirmation that growth has resumed after a harsh winter freeze. Coupled with upward revisions for the previous two months, Labor Department data Friday… Read More »

Domino’s Pizza Announces First Quarter 2014 Financial Results

Domino’s Pizza Announces First Quarter 2014 Financial Results (via PR Newswire) Again Delivers Strong Global Sales, Store and EPS Growth Domino’s Pizza unveils new logo. Will be seen on all new stores and those undergoing major renovations. (PRNewsFoto/Domino’s Pizza) ANN ARBOR, Mich., May 1, 2014 /PRNewswire/ — Domino’s Pizza… Read More »

GE Invests $24 Million in India’s Largest Solar Plant

GE Invests $24 Million in India’s Largest Solar Plant (via Renewable Energy News | Alphatech5) By Mitch Esguerra GE Invests $24 Million in India’s Largest Solar Plant General Electric Co. is putting $24 million in Welspun Energy Ltd., India’s biggest solar power plant. The investment in the 151-megawatt photovoltaic plant is GE’s first… Read More »

Valeant in $45 bn bid for Botox-maker Allergan

Valeant Pharmaceuticals, backed by activist shareholder William Ackman, Tuesday offered to acquire Botox-maker Allergan for more than $45 billion. Valeant, proposing a combination of stock and cash to buy Allergan, said the acquisition would enable… Read More »

Netflix shares leap as membership climbs

Netflix shares leapt on Monday after the video streaming titan reported that revenue breached a billion dollars atop growing membership and that it plans a bump in new subscription rates. The California based firm saw its shares rise more than six percent… Read More »

Alibaba steals Yahoo’s thunder ahead of IPO

If Yahoo appears back in favor, it can thank Alibaba, the Chinese Web giant in which it holds a big stake and which is set for a public stock offering. Yahoo shares soared 7.3 percent to $36.71 at the opening Wednesday on the heels of a better-than-… Read More »

New tool for fighting fraud: A credit card with its own keypad

Dynamics CEO Jeff Mullen shows CBS News his company's new invention: A password-protected credit card. Alexander Trowbridge reports. Read More »

ARISE Detroit! unites groups across the city

The telephone has been ringing off the hook at ARISE Detroit! The nonprofit that promotes volunteerism, community activism and a positive image to help transform Detroit has grown from 22 founding organizations in 2006 to more than 400 members as of… Read More »

MtGox website disappears amid huge bitcoin theft claim

MtGox website disappears amid huge bitcoin theft claim (via AFP) The website of Tokyo-based bitcoin exchange MtGox went down Tuesday amid reports of a theft of the virtual currency worth hundreds of millions of dollars. The bitcoin community rallied round to defend the unit, with chief executives of several major… Read More »

Weekend Wrap-up: Comcast Plans to Buy Time Warner Cable; PlayStation 4 Leads January Console Sales (via BestTechie)

Weekend Wrap-up: Comcast Plans to Buy Time Warner Cable; PlayStation 4 Leads January Console Sales (via BestTechie) Thanks for stopping by again for this week’s edition of the Weekend Wrap-up, where we catch you up on the biggest tech stories from the past week. We have some big stories to go over, so let’s get to it. Comcast Plans to ... Read More »

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