Posts By Dan Anderson

Raytheon acquires Blackbird Technologies for $420 million

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Raytheon announced that it acquired BlackBird Technologies for $420 million. Blackbird offers cybersecurity services to spy agencies and special ops. Raytheon said the transaction would not impact sales or earnings per share for Q4 2014.

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Apple is now the top mobile brand in China

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Samsung is no longer the top mobile brand in China, according to the China Brand Research Center’s 2014 China Brand Power Index. Samsung was ranked at the top since 2012.

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Facebook Inc will still study the News Feed, but will improve upon it

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In July, it was revealed that Facebook Inc (NASDAQ:FB) experimented with the News Feed to show how users responded when being shown positive stories versus negative stories.

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Tesla Motors Inc CEO Elon Musk to reveal ‘D’ on October 9th

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Tesla Motors Inc (NASDAQ:TSLA) CEO Elon Musk has something else up his sleeve besides the upcoming Model X and Model 3. Here is a teaser that he tweeted out:

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Facebook Inc is reportedly working on a health app

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Facebook Inc (NASDAQ:FB) is rumored to be working on a health app. The health app will revolve around a community. The app is currently in early stages. Rumors also suggest that Facebook is in talks with medical experts to build apps that are based on preventative care. There are millions of users on Facebook that discuss surviving cancer and offer tips about wellness.

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BlackBerry Ltd sold out of the Passport on its website

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BlackBerry Ltd (NASDAQ:BBRY) announced that the BlackBerry Passport has sold out on its website. The Passport was priced at $599, which is down from the retail price of the $699.

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AppNexus raises $25 million

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AppNexus has raised $25 million in funding from WPP. WPP’s stake in AppNexus has increased to around 15%. WPP previously had an equity stake of under 1%. WPP is going to transfer ownership of its “Xaxis For Publishers” ad service to AppNexus. WPP is investing heavily in the programmatic media space.

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Yahoo! has acquired India-based Bookpad

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Yahoo! has acquired an online document creation and collaboration service company called Bookpad, which is known for making Docspad. Docspad is a service where developers can add document viewing and editing features in their own applications. The deal is believed to be worth around $8.3 million. The terms of the deal were undisclosed. Bookpad was founded by graduates from the Indian Institute of Technology (IIT) Guwahati: Aditya Bandi, Niketh Sabbineni, and Ashwik Reddy. Investors in Bookpad include NASSCOM and Microsoft Ventures.