With Kodak sold out its patents to Intellectual Ventures and RPX Corporation as Apple, Google and others win the bid, the company has received approval from US Bankruptcy Court Judge Allan Gropper of the Southern District of New York for its interim and exit financing allowing the company to borrow up to $844 million, strengthening Kodak’s position to execute its remaining...

Nokia today announced that it has entered into a new patent license agreement with Research In Motion, result of which both the companies will settle out all existing patent litigation as well as withdrawal any of pending actions remaining in the US, UK and Canada related to a recent arbitration tribunal decision. The financial structure made in a a way that which will...

The China’s largest Internet television company, Youku Tudou has signed an agreement with Sony Pictures Television, bringing 300 new and classic Sony Pictures titles over the Youku Premium platform. The titles from Sony will become available for paid on-demand viewing over the duration of the agreement, which includes classic titles like Groundhog Day, Bram Stoker’s...

Turning the long story short, the announcement that takes month to confirmed now finally taken place, as according to the Wall Street Journal, Olympus...

10,000 Jobs Cuts, closure of Malaysian Plant and the latest pulling out its solar plant business both in the US and Europe, the company finally seems...

In a deal worth of AU$38 million, the networking vendor giant Cisco announced that it has beat Alcatel-Lucent for the five year contract and will supply...

IBM and Mexico’s Cemex today announced a 10-year strategic agreement in which IBM will deliver world-class business process and information technology...

As reported earlier that both Facebook and Yahoo were in close talks over cross-licensing deal to settle patent lawsuit and with the current exclusive...

Box has announced an all new suite of powerful tools for enterprise customers that simplifies the management of content in the cloud. Box has enhanced...

According to Japan’s chief financial officer Toshiki Ohya, Yahoo Japan is in talks with key shareholder Yahoo for a share buyback have ended with no agreement, but what the company left open is the possibility of further negotiation. “We want to positively consider resuming negotiations if the conditions are right,” Ohya told reporters. Yahoo recently...