Raytheon Co. is said to have acquired information security firm Websense Inc. for a figure believed to be $1.9 billion including debt. The deal will see Raytheon take an 80 percent stake in the firm with current Websense owner Vista Equity Partners maintaining a 20 percent stake, according to reports. Websense will be merged into ...

Google Inc.’s mobile payment solution Google Wallet has just become safer for users in the United States with news that it now comes with Government insurance. According to an exclusive report from Yahoo Finance, Federal Deposit Insurance Corporation (FDIC) coverage will be available to funds held by Google in Google Wallet on behalf its customers. ...

A new report set to be released by PricewaterhouseCoopers LLP (PwC) is said to show that the second great tech bubble may be in full swing, with venture capital in the first quarter of 2015 hitting its highest level since 2000. According to figures from the report obtained by Re/Code, venture capital investments hit $13.4 billion ...

The so-called hacking of Japanese Bitcoin exchange Mt. Gox Inc. in 2014 has been thrown into doubt again over the weekend with a new report finding that the coins were stolen over a period well before the alleged hacking of the site. According to a report from Bitcoin security firm WizSec, most or all of ...

Yahoo Inc. and Microsoft Corp have agreed to a new search partnership deal that will see Yahoo being able to display and sell its own ads on desktop search results, but only 49 percent of them. Under the previous deal signed back in 2009 Microsoft had exclusive rights to sell 100% of all inventory against Yahoo’s desktop ...

Enterprise messaging platform provider Slack Technologies Inc.’s Chief Executive Officer has taken to defending the firms valuation after a rumor of a Series E round in March was confirmed. The Series E round was confirmed at $160 million although the valuation is being reported at $2.8 billion, slightly higher than the $2.76 billion figure reported ...

Etsy Inc. successfully floated on the NASDAQ Thursday with an opening price of $31 a share, a 91 percent premium on its listing price of $16 a share. Trade was heavy given the company only released 16,666,666 shares in the float, with 19.75 million shares under the stock ticker ETSY changing hands in a price ...

Online goods marketplace Etsy Inc. released more details on its upcoming initial public offering (IPO) Wednesday, including the cost per share, how many shares will be available, and an open valuation for its public debut. According to a release from the company, Etsy shares will be offered to the public at $16.00 per share. Etsy is ...

Live streaming app Meerkat is finally coming to Android after the company announced Wednesday that it announced a public beta testing program. Meerkat launched on iOS in March and quickly became the most popular live streaming application in the emergent mobile live streaming space. Users are able to use the app for live streaming, with ...

Nokia Oyj has acquired French telecommunications equipment company Alcatel-Lucent SA for $16.6 billion. The acquisition is an all share deal with Nokia offering 0.55 of a new Nokia share for every Alcatel-Lucent share. Alcatel-Lucent shareholders will end up owning 33.5 percent of the fully diluted share capital of the combined company, with Nokia shareholders naturally owning ...