Investors plow a fresh $170 million into Singapore’s Garena Interactive Holding, despite falling valuations for less-successful U.S. startups.
Venture capitalist John Doerr, whose early bets on such companies as Google and Amazon turned VC firm Kleiner Perkins Caufield & Byers into a powerhouse, is taking a job as the firm’s first chairman.
Terry Gou, the secretive Taiwanese billionaire behind Foxconn’s takeover of Sharp, must now prove that he made the right bet on a once formidable Japanese household brand that has lost its way.
Chip maker Marvell Technology Group Ltd. said it would miss a deadline to file a financial report for the fiscal year just ended and warned it will log an annual loss, with revenue down significantly from a year earlier.
Intel Corp. announced new chips targeting cloud computing as well as partnerships to address concerns of companies that have stayed on the sidelines of that technology trend.
It’s all about on-demand Ethernet services.