Business IT

 

Acquisition

Lenovo to buy Motorola Mobility from Google for $US2.91 billion

Lenovo: Acquired Motorola Mobility from Google for $3.3 billion.

Alex Sherman, Brian Womack 9:26 AM   China's Lenovo has agreed to acquire Google's Motorola Mobility handset unit for $3.3 billion, as the PC maker continues a buying spree of US hardware companies.

Management

Lenovo to reorganise company around market demands

Lenovo

Lenovo is embarking on a restructure, adding new business units for enterprise computing and cloud services.

Data centres

Facebook eyes low-power server technology

The server room at Facebook's data centre in Prineville, Oregon.

Noel Randewich  Facebook's three-year push to help companies design better data centre gear is paying off.

Start-ups

Government looks to unlock stock options for start-ups

Australian start-ups have long criticised the current taxation regime as not conducive to attracting talent.

Stuart Corner  The federal government has restarted an inquiry into employee share schemes.

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Digital currency

Bitcoin operators charged with money laundering

Arrested: Charlie Shrem (left) leaves court in New York after being charged with money laundering.

Timothy B. Lee  Charlie Shrem, who became a tycoon at 24 in the virtual currency Bitcoin, has been arrested and charged with money laundering.

Innovation

Nine technologies that have faded into history

The first of many: an old Atari game console with controls and joystick.

Sylvia Pennington  As the Mac powers into its fourth decade, we take a look at products and technologies that dropped out on the path to longevity.

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Business

Apple iPhone sales up but short of expectations

Frenemies: Apple and Samsung.

Record quarterly iPhone sales but less than analysts' estimates for Christmas demand.

Patents

Google, Samsung forge global patent deal

Samsung and Google: Patent deal reached.

Google and Samsung, frequently involved in patent infringement lawsuits, have reached a global patent cross-licensing agreement.

Funding

Crowdfunding for high-risk investments

Can the crowd pick a high-risk high-return winner?

Mahesh Sharma  Australian VC firm to launch its own equity-based crowdfunding website for high net-worth individuals to collectively invest in early stage, high-risk ventures.

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Business

Microsoft profit beats forecasts, Surface, Xbox sales help

Microsoft

Bill Rigby  Microsoft has posted a bigger-than-expected quarterly profit, boosted by strong sales of its software and services for businesses, Xbox One and Surface tablets, and a slightly lower tax bill.

Acquisition

Lenovo to buy IBM server unit for $2.6 billion amid slump

IBM

Alex Barinka  IBM has agreed to sell its low-end server business for $2.6 billion to Lenovo, decreasing its reliance on computer hardware as sales plunge.

Business

Data Armageddon: why we should preserve data

Data: Are we doing enough to preserve it?

Drew Turney  There's a crisis looming in scientific data, with a report estimating 80 per cent of current scientific research will be lost in 20 years.

Broadband

'Fastest ever' broadband speeds achieved in fibre test

Fibre: Broadband speeds of 1.4 terabits per second were recorded in a test.

James W. Manning  The "fastest ever" broadband speeds have been achieved in a test that hit 1.4 terabits per second - enough to transmit 44 high-definition movies in just one second.

Business

Facebook's Sheryl Sandberg becomes one of the world's youngest female billionaires

Sheryl Sandberg: One of the world's youngest female billionaires.

David De Jong  Sheryl Sandberg's fortune has surpassed $US1 billion after Facebook shares closed at a record high.

Business

Twitter product chief Michael Sippey leaves the nest

Michael Sippey: Stepping down as Twitter's vice-president of product.

Vindu Goel  Twitter's vice-president of product Michael Sippey has announced he will step down.

Business

IBM resumes talks to sell x86 unit to Lenovo, Dell

IBM: May still sell its x86 unit to Lenovo or Dell.

Ryan Vlastelica, Devika Krishna Kumar  Lenovo has resumed discussions to buy IBM's low-end server unit, according to a source familiar with the matter, while Dell may still be in the running.

Business

Phone-free Nokia faces pressure to boost network sales

Nokia: Challenges ahead without its handset business.

Ritsuko Ando  Nokia is expected to show a steep fall in network equipment sales in its results this week, highlighting its challenges after selling its handset division to Microsoft.

Lay-offs

Intel plans to reduce workforce by 5000

Intel: Said to be cutting 5000 jobs.

Quentin Hardy  Intel expects to shed about 5 per cent of its workforce, or 5000 jobs, in 2014, as it tries to change the company with the times.

Innovation

Help poverty? There's an app for that

Changing lives: The World Bank's Chris Vein.

Nate Cochrane  An Australian collaboration in real-time big data, cloud and mobile has piqued the interest of the World Bank, which hopes to feed the world’s hungry.

Careers

Giving girls the code to a life in computing and engineering

Reshma Saujani, founder and chief executive officer of Girls Who Code.

Matthew Hall  An organisation encouraging young girls to develop an interest in computer science and engineering aims to bridge the gap in the number of women and men employed in computing fields, whether as engineers or developers.