Ciena today beat out Nokia Siemens Network to buy bankrupt Nortel’s metro Ethernet business for $769 million, winning the bidding war for the assets that it began in October. A court will still have to approve the deal that will see Ciena, which makes fiber optical equipment, pay $530 million in cash and issue $239 million in [...] Full story...
It's clear that location is an opportunity ready for its time, but making technology smarter by knowing where we are is by necessarily a part of a platform, not an end unto itself.
TweepML, which launched a Twitter-based service offering list management just a couple of months before Twitter launched something almost identical, is now up for sale.
The famously private investor David Gelbaum, founder of The Quercus Trust, who by his own estimates has between 40 and 50 cleantech investments, as a rule hasn't done interviews for years.
With more than 4 billion mobile phone users and some 1.7 billion Internet users, there's a market opportunity to provide web-style services for people who aren't online.
Flickr co-founder Stewart Butterfield's new startup, Tiny Speck, has announced its first product, a massively multiplayer online game called Glitch.
Twilio is launching an SMS service that allows web app developers to add SMS-based functionality into their web apps for about 3 cents a message.
Foursquare is working with Zagat, HBO and other high-profile media brands to get a leg up on competitors like Gowalla and Yelp.
GIPS, a San Francisco-based company that licenses intellectual property including codecs for audio and video says it has come up with a technology that would allow third party developers to embed video chat in their iPhone-related applications.
Cisco forecasts that by 2014 we will be using 3.6 exabytes per month on mobile networks worldwide, according to its Visual Networking Index figures released today.
Peter Warden analyzed the user profile data and friend settings from more than 200 million Facebook profiles, and found that they naturally segmented themselves into seven regional groups, based on the number of connections between users and those from other states.