Oracle Corp (ORCL.N) will buy Opower Inc (OPWR.N), a maker of software for utilities, for about $548 million in cash.
The offer of $10.30 per share is at a premium of 30.4 percent to Opower's close on Friday.
Oracle said on...
Australian entrepreneur Craig Wright has publicly identified himself as Bitcoin creator Satoshi Nakamoto.
His admission follows years of speculation about who came up with the original ideas underlying the digital cash system.
Mr Wright has provided technical proof to back up...
SAN FRANCISCO, April 29 (THEWILL) – Trading activities on the Nigerian Stock Exchange (NSE) on Friday ended on a positive note with an upward movement of market capitalisation increasing further by N37 billion.
The market capitalisation, which opened at N8.584...
The yen hit an 18-month high on Friday as investors wagered the Bank of Japan might be done adding fresh stimulus to the economy, culminating in a sharp rise on the week that dragged stocks around the world lower.
With...
Amazon.com Inc (AMZN.O) on Thursday reported profit and revenue that blew past analysts' expectations, sending its shares soaring in after-hours trading and demonstrating the growing market power of its core retail business and new cloud services division.
The results draw...
Mitsubishi Motors' (MMC) (7211.T) market value and Japanese orders have halved since it admitted last week to rigging fuel economy tests, but with more than $4 billion in cash and low debt, the automaker should contain the potential damages.
The...
Analysts are growing increasingly confident that a near-two-year rout in oil has ended, and raised their price forecasts for a second month running, as healthier demand and a drop in U.S. shale output balance the market by 2017.
The inability...
U.S. telecoms provider AT&T is betting it can carve out a significant business in connecting objects with one another, the head of that unit told Reuters in an interview, as it seeks new revenue sources in an oversaturated wireless...
Yahoo Inc (YHOO.O) on Wednesday agreed to add four new independent directors to its board, bowing to pressure from activist hedge fund Starboard Value LP and averting a proxy fight ahead of its upcoming annual meeting.
The agreement shows Yahoo's...
The U.S. Federal Bureau of Investigation said on Wednesday it did not own the rights to the technical method a contractor used to open an Apple iPhone used by one of the San Bernardino shooters and therefore could not...