Cisco bets on video growth with $3 billion Tandberg bid
Network equipment maker Cisco Systems struck a deal to buy Norwegian videoconferencing company Tandberg for $3 billion in a bid to dominate the high-growing market of corporate video communications. Read Full Article here.
Comcast, GE in talks for joint venture: source
Comcast Corp and General Electric Co are discussing a deal under which the largest U.S. cable company would take control of 51 percent of NBC Universal, with GE keeping the rest, a person familiar with the matter said on Thursday. Read Full Article here.
Apple predicted to surprise with Oct. 19 earnings report
New accounting rules show that Apple's profitability of the iPhone could be much higher than previously expected, according to a new report. Read Full Article here.
Apple quietly buys mapping company
In an ongoing attempt to compete with Google, Apple bought small mapping company Placebase over the summer in a deal that went unnoticed until this week. Read Full Article here.