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Microblogging service Tumblr is being acquired by Yahoo.
Yahoo announced the news early Monday, saying that it "promises not to screw [Tumblr] up." The Internet pioneer is paying $1.1 billion for Tumblr, "substantially all of which is payable in cash," Yahoo said.
Apple's iCloud is marketed to us end users as a convenient and centralized way to manage data on all of our Macs and iOS devices: sync contacts and bookmarks, re-download music and apps, back up iOS devices, and sync documents and data for third-party apps as MobileMe did. The last item, syncing of documents and data, is one of the least glossy features of iCloud, but it is one of the most import
Despite running a tech site, yours truly had no idea the existence of paid email providers until lately. Why would you pay for email when email has always been free?? Anyhow, US$39.95/year with Fastmail (recently sold to Opera) gets you features like a 2gb online storage and “one time passwords” when you need to access email via an insecure location. $26/year with Tuffmail gives you the ability t
enture capitalist Jim Goetz says he's floored that so few entrepreneurs are focusing on building products for businesses, given how successful those startups have been.

"It's shocking we don't see more engineers and entrepreneurs interested in enterprise," the Sequoia Capital partner said earlier this week at the TechCrunch Disrupt conference in San Francisco.

Read more: http://www.business
This week, Starbucks joined forces with Square, a technology start-up that lets you pay for things with a smartphone. Coming from a company whose cafes seem to be on every corner, that’s a powerful endorsement. Does that mean your phone will soon replace your wallet?

That’s hardly certain, because any company offering mobile payments faces a big challenge: convincing people that paying with a
A curious article in the Wall Street Journal this morning tries to make something out of nothing.

http://online.wsj.com/article/SB10001424052702303292204577519134168240996.html

Well, not nothing. But certainly not anything new.

The setting: Silicon Valley venture capitalists Andreessen Horowitz say they prefer startups where founders have controlling stakes, with the logic that a founder
In a letter from Bob Mansfield at Apple

We’ve recently heard from many loyal Apple customers who were disappointed to learn that we had removed our products from the EPEAT rating system. I recognize that this was a mistake. Starting today, all eligible Apple products are back on EPEAT.

It’s important to know that our commitment to protecting the environment has never changed, and today it i
Just when things could not have gone much worst for RIM, spokeswoman for RIM has confirmed to The Canadian Press that the first BlackBerry 10 device will have touch-screen keyboards — but not physical ones.

The keyboard is perhaps the reason they hold on to the current market share and is surprising RIM does not recognize this.

However, Rebecca Freiburger says that the new operating system
EBay Inc. named mobile technology entrepreneur David Marcus president of its PayPal unit on Thursday, replacing Scott Thompson, who left in January to become chief executive of Yahoo Inc.

The appointment shows the importance of PayPal’s push into mobile payments globally and its efforts to process transactions in physical stores, not just online.
Reuters' blogger Felix Salmon said the sale could be announced as early as Tuesday in a deal worth more than $200m at the South by Southwest conference in Austin, Texas,

The Mashable website was founded by Pete Cashmore as a teenager in his bedroom in Scotland seven years ago. It covers social media, technology, business and entertainment news.

Mashable was not available for comment, Reuter
The BBC has plans to create an online hub where customers can download both new and old TV shows, a report is claiming. Such a service would be a direct competitor to the TV offerings from Apple iTunes, and the BBC is said to be offering content creators better incentives to participate.

The initial report is from paidContent, which does not cite a source, only “information” the site had seen.
The U.S. Justice Department has warned Apple and five of the biggest U.S. publishers that it plans to sue them, accusing them of colluding to raise the prices of electronic books, a person familiar with the probe said on Thursday.

Several parties have held talks to settle the potential antitrust case, said the person, who was not authorized to speak publicly on the matter.
There was no mention of a much speculated new touch-screen technology to the latest iPad, which would have created real sensations and textures in movements.

Apple's shares came into the event trading at a high of around $534 (£339), but dropped to around $527.85 at one stage and are now being bought at around $531.

The drop is marginal, particularly considering the huge price of the shares
Three months ago, Toby Chu began experimenting with cloud computing. The president and chief executive officer of Vancouver’s CIBT Education Group, a company that owns colleges in 18 countries, needed a better way to share files among his 700 employees.

He decided to try Dropbox, a file-sharing system that operates in the cloud. He also needed to improve staff scheduling and thought a cloud-ba
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