LinkedIn Corporation has entered an agreement to acquire old school online education site Lynda.com. According to the official release, the transaction is valued at approximately $1.5 billion, in a combination of approximately 52 percent cash and approximately 48 percent stock. The deal may be subject to adjustment and is expected to close during the second ...

Chinese drone maker DJI has launched a new update to their Phantom line of drones, the Phantom 3, that offers live streaming along with a number of other new features. The Phantom 3 is being offered in two models, the Professional and the Advanced that are priced at $1,250 and $999 respectively. Both drones for the ...

Still relatively unknown in the West, Xiaomi Inc. is China’s hottest tech startup, and not just due to it also being the world’s most highly valued tech startup (the only one worth more than Uber Inc.,) but also because it really, really knows how to sell phones. To celebrate its fifth anniversary the company on Wednesday ...

Business Intelligence startup Domo Inc. has raised $200 million Series D in a round led by BlackRock that also included Capital Group, Glynn Capital and GGV Capital. Founded by former Omniture CEO Josh James in 2010, the company has remarkably been in stealth mode until this week, despite having 1,000 clients and making over $100 ...

The Federal Bureau of Investigation (FBI) has posted an official warning to users of Automattic Inc.’s WordPress content management system (CMS) to make sure their installs are up-to-date following repeated cases of the Islamic State (also known as ISIL and ISIS) hacking un-updated WordPress blogs. The warning states that defacements have affected sites and communication platforms ...

Singapore telecommunications giant Singtel Holdings Ltd. has acquired Chicago-based information security company Trustwave Holdings Inc. for $810 million. Under the terms of deal, Singtel will own a 98 percent share of Trustwave, with CEO and Chairman of Trustwave Robert J. McCullen retaining the remaining two percent. The deal prices Trustwave at $850 million, excluding debt. “This strategic partnership creates an ...

Google Inc. is reported to be planning the launch of a new service that will connect users with home service providers. Buzzfeed claims that “sources close to the company” say the new service will link local home-service providers, such as plumbers and electricians, to Google users, and will be revealed at an advertising conference later this spring. ...

Enterprise data software as a service (SaaS) company Informatica Corp. has been acquired by private equity firm Permira Advisers LLC and the Canada Pension Plan Investment Board (CPPIB). The price of the acquisition was $5.3 billion, or $48.75 per share of common stock. Under the deal Informatica will delist from the NASDAQ and become a private company. “After ...

Vivendi SA is reported to have offered $273 million to acquire French video site Dailymotion, the YouTube competitor that itself was acquired by Orange SA back in 2013. According to The Hollywood Reporter, Vivendi’s bid for the video site comes after the French Government had expressed opposition to its acquisition (in part or in full) ...

Linux distribution provider CoreOS has raised $20 million Series A in a round led by Google Ventures for $12 million and a follow on from Kleiner Perkins Caufield & Byers, Fuel Capital, and Accel Partners. This comes after an initial $8 million led by Kleiner Perkins Caufield & Byers, Sequoia Capital and Fuel Capital. Based ...