The investor’s name was not disclosed in a SEC filing
Silicon Valley
Hewlett-Packard Is Not the Lost Cause Everybody Thinks It Is
A year ago, the news about Hewlett-Packard was sounding pretty dire. The stock had plunged following an $8.8 billion write-down from its botched purchase of Autnonomy. Some observers saw the company in a perpetual turnaround. …
Chinese Tech Giants Make Move on U.S. Firms
Tencent’s bid for Snapchat is the latest in a string of Chinese overseas investments
The White Elephant in Marissa Mayer’s Yahoo Turnaround
Investors are still mostly interested in the company’s Asian assets
In Twitter’s IPO Filing, Reasons for Concern
Twitter’s planned initial public offering is among the most anticipated in recent years. Millions of people worldwide use the service to vent about politics, check news headlines and follow Miley Cyrus.
But in a regulatory …
Google’s Calico Could Pose a Conflict for Apple Chairman Arthur Levinson
Levinson will become CEO of Google-backed Calico while also serving as chairman of Apple’s board of directors
How Silicon Valley Is Hollowing Out the Economy (and Stealing From You to Boot)
Jaron Lanier’s latest book, Who Owns the Future?, begins by noting an instructive coincidence: the bankruptcy of the photography giant Kodak occurred within months of Facebook’s billion-dollar acquisition of the photo-sharing site Instagram. This would be just one example of the destructive dynamism of American capitalism, a process …
Report: Google Fiber Heading to Austin as Cities Race to Boost Web Speeds
America’s weirdest city is about to get wired.
Google Fiber is heading to Austin, according to multiple reports. If true, Austin, home of the South by Southwest festival, will become the largest city to receive Google’s …
Did Google Get Off Easy With $7 Million ‘Wi-Spy’ Settlement?
Groupon Fires CEO Andrew Mason: The Rise and Fall of Tech’s Enfant Terrible
It was only a matter of time.
Groupon fired its charismatic CEO Andrew Mason on Thursday after a tumultuous tenure pockmarked by accounting gaffes, sophomoric stunts and a whopping 77% decline in the company’s share price. …
Google Hits ‘Glass’ Pedal as Apple Returns to Earth
The U.S. technology industry is one of the most dynamic in the world, particularly with respect to mobile and Internet-based computing, two areas that are evolving at breakneck speed. Things can happen very quickly in the tech …