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Yahoo Japan, partly owned by SoftBank and Yahoo, plans to use the acquisition to launch its own mobile Internet service.
Relax, gamers. Not only will Oculus still be able to fulfill its ambitions, but the Facebook acquisition will also prove a landmark moment for the impending ubiquity of virtual reality.
PC maker Lenovo, which has struggled for smartphone success outside China, gets an established global brand, while Google unloads a burden on its balance sheet and a source of tension.
The move could help Cisco shore up its position in the network security industry after losing market share in the last few years to more competitive rivals including Palo Alto Networks and Check Point
Dish's future networking portfolio could grow quite quickly based on a new report that the satellite TV provider is going after the bankrupt wireless venture's spectrum.
The company blames noncash pension charges and added costs associated with the Apple iPhone for hurting its bottom line in the fourth quarter of 2011.
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