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BlackBerry’s no-phone business model isn’t working out as planned

Stock falls 13 percent in one day after bad sales numbers.

Theranos reportedly settles $140M Walgreens suit for less than $30M

The agreement is not final and terms may change for the cash-strapped biotech company.

Uber CEO Travis Kalanick resigns after pressure from investors

Five major Uber investors called for his resignation following months of blunders.

Cloud security firm Illumio raises $125m to expand ‘adaptive segmentation’ platform

The Sunnyvale, California-based company has raised $267 million in total from investors such as JPMorgan, Andreessen Horowitz, and Accel Partners.

In shareholder meeting, Tesla CEO Elon Musk talks Model Y, new...

Model 3 will be “simple,” Autopilot has had a “slogrdquo; but looking up, Musk says.

NY prosecutor says Exxon needs to hand over documents on climate...

Oil giant faces ongoing battle over whether it presented good information to investors.

BrandPost: Turn the Tables on Your Financial Risk by Moving Out...

By Gary Thome, VP and Chief Engineer, HPE Software-Defined and Cloud Group Investors, shareholders, and creditors are all familiar with financial risk – the potential for uncontrolled financial loss and the uncertainty it brings. When it comes to public cloud computing, financial risk also needs to be considered.

Because cloudcomputing shifts IT spending to a pay-as-you-go model (OpEx) instead of paying up front (CapEx), the OpEx models sounds perfect. You get to use what you need when you need it. What could possibly go wrong?When does it make sense to spend OpEx versus CapEx?Below Irsquo;ve described four business models for deploying different workloads.
Irsquo;ve also analyzed the financial risk of each, describing deploying with a pay-per-use OpEx model, as is used in the public cloud, and compared it to paying with CapEx, as is commonly used in traditional on-premises or private cloud.To read this article in full or to leave a comment, please click here

Mylan shareholders revolt, say directors’ greed has gone too far

Meanwhile, a new report suggests Mylan overcharged taxpayers by $1.27 billion.

Exxon investors clash with executives, vote in favor of annual climate...

Follows investigations on whether the oil company misled investors on climate change.

UltraSoC attracts fresh investment as technology industry recognizes huge potential for...

Investors commit support for UKrsquo;s hard-tech expertiseCAMBRIDGE, United Kingdom, 26th May 2017 - UltraSoC today announces the completion of a £5m ($6.4m) funding round to drive continued deployment of its technology and realize its vision of embedding intelligent analytics capabilities into every chip.

Atlante Tech leads a strong line up of new investors including Enso Ventures, Oxford Capital, and successful CEO and serial entrepreneur Guillaume d'Eyssautier, who join existing investors Octopus Ventures and South East... Source: RealWire

If you’d bought $1,000 of Bitcoin in 2010, you’d be worth...

Price of Bitcoin has doubled in 2017, and other currencies have jumped even more.

Where a solar roof works and where it doesn’t

This is not a one-size-fits-all product.