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Facebook to raise $1.5B in secondary offering

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Facebook CEO Mark Zuckerberg Facebook said Friday that it had priced the 70 million shares that the company and its insiders promote via a secondary offering at $ fifty-five. 05. Facebook, itself, is promoting somewhat more than 27 million shares; because of this, it'll earn as regards $1.5 billion in the course of the sale.The social network introduced prior this...

IBM-Red Hat merger timing, equity in query

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Red Hat published 2019 yr-stop monetary consequences this week that exceeded analyst expectancies. Still, the enterprise said nothing approximately. It is pending $34 billion bought by IBM as industry professionals question the value to Linux users and whether the deal will truly close inside the 2d half of the year. While predominant roadblocks to the IBM-Red Hat merger have not...

With Touch ID, Apple fires biometrics into the mainstream

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By way of including a fingerprint scanner to its newest mobile phone, Apple Inc is offering a tantalizing glimpse of a future where your favorite device might change into a biometric pass to the place of job, cell commerce, or actual-world shopping and occasions. Although Apple's executives stated at Tuesday's launch that its touch identification technology embedded into the...

Samsung, Apple, Sony or Google: Who has vision to crack the smart watch

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The smartwatch may be as modern as the smartphone - a shrewd software on our wrist that connects our bodies to information and us to the world - however, most effective, a handful of companies have the heft and vision to pull it off. It is no longer thru lack of attempt. Watchmakers and others have been including calculators,...

Huawei allays security fears, says no government asked it for data

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Chinese language tech large Huawei mentioned in a report Friday on cybersecurity that it by no means has been asked to supply details about a citizen to any government. Huawei applied sciences Ltd. has spent up-to-date years seeking to allay fears in us and any other international locations that it is managed with the aid of China's Communist celebration...