Target Corporation (NYSE:TGT) is gearing up to launch a new version of their website next week. The company believes that the new website will increase their sales. The new website has been in development for two years and it will make shopping easier with a faster check-out.

Hewlett-Packard Company (NYSE:HPQ) has agreed to buy Autonomy Corporation plc (LON:AU) for $10.3 billion. After the acquisition is complete, HP would spin off their PC business to focus on enterprise. Autonomy shareholders would receive $42.11 per share after the acquisition. This is a 64% premium from the day before the acquisition offer.

Elevation Partners has stake in Facebook through their earlier $210 million investment. That stake is currently worth close to $1 billion as it is worth $975 million. Elevation Partners is a venture capital company that is run by Fred Anderson, Roger McNamee, Avie Tevanian, Bret Pearlman, and U2 lead singer Bono.

Empire Avenue is a stock market website for social influence. The company has raised $1.2 million in Series A funding. This round of funding was led by Crosslink Capital. iNovia Capital, TriplePoint Capital, and BioWare co-founders Drs. Ray Muzyka and Greg Zeschuk also participated in this round.

T-Mobile is going to start selling BlackBerry Bold 9900, which is the first 4G Research In Motion device on their network. T-Mobile is the only carrier that will be selling a 4G version of the new Bold device.

Cue the panic: Groupon is running low on money and could be on a fast-track to financial disaster. Business Insider says the company will be okay as long as it remains in the black until its IPO, but that Groupon owes merchants $392 million and only has $225 million cash to work with. Further, Groupon owes $680 million but only has a total of $376 million in assets.

Steve Jobs is rumored to be meeting with China Mobile Ltd representatives to officially bring the iPhone to the network. TechCrunch reports that China Mobile is the world’s largest mobile operator and already has more than 7 million iPhone users on its network. If the talks are real and successful, China Mobile may soon sell and officially support iPhones.

Google just hired tech blogger Louis Gray as the Product Marketing Manager for Google+. TechCrunch reports that he will be promoting the social network, which should be an easy task for Gray, who has been covering Google’s tech on his own blog. He’ll be talking at trade shows and tech events, but also helping the Google+ team with setting goals and improving the network.