Author: gyasistory

By Kyle Russell Chinese conglomerate Alibaba is making another big investment in an American startup. The Wall Street Journal reports that the company is investing $120 million in mobile game developer Kabam, best known for games like “Dragons of Atlantis” and for buying the naming rights to UC Berkeley’s Memorial Stadium. Read More Source: Technology…

By Cat Zakrzewski According to a report released Thursday, eBay maintains one of the highest rates of gender diversity in the tech industry — 42 percent of its total employees are female. Women make up 24 percent of the company’s tech employees. Although this may seem like a relatively low number when considering women make…

By Cat Zakrzewski Earlier this week, Sen. Patrick Leahy introduced a strengthened version of the USA FREEDOM Act to praise from tech companies, privacy groups and the New York Times editorial board. As that initial applause settled, Rep. Zoe Lofgren argued on Thursday that the legislation would only rein in parts of the nation’s intelligence…

By Romain Dillet France’s disruptive telecom company Free just announced that it wanted to acquire T-Mobile US. The WSJ first broke the story. Free then confirmed the bid in a press release. Free (also known as Iliad) offers $15 billion in cash for 56.6 percent of the American company at $33 per share. Overall, Free…

By Alex Wilhelm Today marked GoPro’s first earnings report as a public company. The camera firm traded up more than 3.5% in regular hours before its release. GoPro had roughly doubled from its IPO price of $24 heading into reporting is second quarter financial results. For the second quarter, GoPro had revenue of $244.6 million,…