Barracuda Networks, the Network security company - provider of security and storage solutions, filed to go public, and intends to apply to list common stock under the symbol "cuda." California-based company led by CEO B.J. Jenkins plans to sell up to $100 million (£61.6 million) of common stock through its...

SAP Ventures, the venture capital arm of the German software giant, successfully raises over $1 billion in the past 12 months to keep tabs on IT innovation. SAP Ventures posted some metrics to the company blog. Among the most impressive figures was --- "SAP Ventures is adding a new business...

According to the latest “Best Global Brands” report published by Interbrand, a corporate identity and brand management consultancy firm, TECHNOLOGY giant Apple is officially the world’s most valuable brand. Apple, a powerhouse in computing with its iPhones, iPads and Macs, end the world’s largest soft-drink maker, Coca-Cola's 13 year hold...

Logentries, a start-up which helps companies track their application logs, has raised 7.4 million euros ($10 million) in Series A funding led by Polaris Venture Partners, with participation from Frontline Ventures, Floodgate, and RRE Ventures.   Co-founded by Dr Trevor Parsons and Dr Viliam Holub, Logentries expects the new funding...

Amazon, the world’s largest online retailer, is planning to hire more than 70,000 full-time seasonal workers in the U.S. to fulfill holiday online orders. It looks like that Jeff Bezos, CEO of Amazon.com Inc. is going on a hiring binge. THANKS!!! The electronic commerce pioneer says this year it has...

Global internet giant, Yahoo has agreed to pay undisclosed damages and costs to Singapore Press Holdings Ltd (SPH) to settle a lawsuit related to copyright infringement started in 2011. One of the world's biggest technology company Yahoo acknowledged that its Yahoo Singapore news site reproduced content from Singapore Press Holdings...

A presocratic Greek philosopher of the late 6th century BCE, Heraclitus (Ἡράκλειτος ὁ Ἐφέσιος) said that "Big results require big ambitions." Centuries later, with the combination of three things — Athens's IT services pedigree, diverse talent, and entrepreneurial culture ---- the city can truly claim the title of "The Most...

Rdio, an online subscription music service, has announced a new recommendations feature that will deliver personalized albums, stations and playlists based on your music tastes of your friends. The new feature will leverage the technology from The Echo Nest, and available on the Web only --- will roll out to...

UC Browser, popular Chinese-made Opera-like browser, has updated its version for Android-based tablets and added a built-in video player, which will now let you play videos from the point they last stopped. UC Browser's latest 2.4 version also comes with multiple enhancements including a new kind of fast, secure and...