Details were not disclosed, but TechCrunch reported that the maker of wearable devices such as the Basis B1 fitness band went to Intel for about $100 million.
One of the best stocks to buy now comes from Canada's tech industry – and this week it gave us a preview of its potential.
Apple is expected to introduce its long-awaited iWatch device before the end of the year, but that's just one small part of what the Cupertino, Calif.-based tech giant has planned.
Investors are hoping Oracle Corp. (NYSE: ORCL) will duplicate the same stellar results posted in December when the company reports fiscal Q3 2014 earnings Tuesday after the close.
Analysts are looking for a 4% increase in revenue to $9.4 billion and earnings per share to climb a nickel year over year.
Amazon.com stock (Nasdaq: AMZN) stands to get a boost from a move it implemented this morning (Thursday). We'll call it "Operation Prime."
Around 8:30 a.m. EST, Amazon Prime members received the following email, notifying them of a 25% price increase from $79 per year to $99 per year, effective upon membership renewal.
Many investors think of Canada as the land of mining stocks, and not without good reason.
It's resource-rich and home to a legion of mining firms that produce everything from gold and silver to iron ore. Canada ranks among the world's top five producers of 14 mineral commodities and is the world leader in the production of potash and uranium.
Of course, as a long-time tech investor I've followed many of these mining firms for a very simple reason. Materials like gold, silver, and rare earths touch a wide swath of tech products, from advanced defense systems to web-enabled autos, smartphones, and tablets.
Here's the thing. Resource firms (along with Silicon Valley to the south) greatly overshadow Canada's burgeoning tech scene. Yet the nation is home to thousands of companies in computing, e-commerce, information technology, and medical devices.
The trade group, the Information Technology Association of Canada, says its industry alone counts some 33,300 companies. Together, they generate a combined $155 billion in annual sales.
Unfortunately, the most famous Canadian tech firm of all remains troubled BlackBerry Ltd. (Nasdaq: BBRY). And yes, the mobile phone maker is making a comeback, but it is still treading water in an industry full of proven winners.
So while the potential for BlackBerry's rebound may be appealing to some, we've got three Canadian tech plays that offer much richer returns. And BlackBerry's high-profile struggles effectively "hide" their profit potential…
Editor's Note: We're giving you special access to Bill's Private Briefing because he and Michael have spotted a rare opportunity in the robotics and M&A niche. Readers have the chance to get into this company before Google does – and sends the price doubling. Here's Bill…
As I've mentioned many times in Private Briefing, resident technology expert Michael Robinson and I talk by telephone at least once every day – and often two or three times.
On more than one occasion, in fact, Michael has joked that we could save a lot of time if we were capable of the "Vulcan Mind Meld" technique that Mr. Spock regularly used in the classic sci-fi TV show Star Trek.
But because we do talk so frequently, I have to confess that Michael surprised me in late December: When I was interviewing our gurus to get their top stock picks for the New Year, Michael recommended a stock that we hadn't previously talked about.
But I'm really glad he did…
But finding stocks to buy that aren't already big, popular names is a bit more challenging.
It now appears that rumors Apple Inc. (Nasdaq: AAPL) had an acquisitive eye on Tesla Motors Inc. (Nasdaq: TSLA) were just that – rumors.
But the two companies have been talking, and almost surely about the planned Tesla Gigafactory, an enormous rechargeable battery production plant projected to open in 2017 and cost at least $5 billion.
In what has become a wicked war of words between the corporate raider and the online auction and shopping site, Icahn continued to press eBay to spin off its electronic payment arm PayPal, maintaining the unit is worth more as a standalone.
The billionaire investor also wants the San Jose, Calif.-company to overhaul its corporate board. Icahn, who holds a 2.2% stake in eBay, continued to reproach the company for a "complete disregard of accountability" and took further jabs at board members.