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South Korea on Saturday expressed cautious relief about the revived talks for a summit between President Donald Trump and North Korean leader Kim Jong Un following a whirlwind 24 hours that saw Trump canceling the highly-anticipated meeting before saying it’s potentially back on. The statement by Seoul’s presidential office came hours after Trump welcomed North […]

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Here’s a round-up of the most important deals in venture capital from the past two weeks. PayPal announced plans to acquire iZettle for $2.2 billion last Friday. The Swedish company makes mobile credit card readers and other payment technology for small businesses. The merger should catapult PayPal into hundreds of thousands of brick-and-mortar storefronts globally […]

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Best Buy is expanding its tech support options with an eye toward keeping its older customers healthy. On the retailer’s earnings call this week, company executives said that they see opportunities to make money in the health space. “We already assort a variety of health-related products and technology products designed for seniors like specially designed […]

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Mobile Virtual Player’s (MVP) $8,000 football robots cost a whole lot less than hiring a professional athlete, but MVP President and CEO Joe McLaughlin doesn’t see these robots replacing players anytime soon. “When you run kickoffs, running 11 players down over and over again, it wears guys out,” McLaughlin said on CNBC’s “Closing Bell.” The […]

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America’s Office of Management and Budget was aiming to to save $2.7 billion in technology costs by the end of the year — but amid a sizeable shortfall, agencies are looking at adopting more cloud contracts instead. Bean-counters have been trying to get the government to cut down for years on investing in new servers […]

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Elon Musk has registered the domain name “Pravduh.com” days after fiercely criticizing the media and saying he would build start a website to rate the “core truth” and “credibility” of articles and reporters. It is another move suggesting the CEO of electric car maker Tesla may be moving forward on such a project. Musk had […]

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President Donald Trump‘s administration is telling Congress it has come to an agreement to boost Chinese telecommunications company ZTE, The New York Times reported, citing a person familiar with the matter. As part of the deal, ZTE would pay a financial penalty, revamp its management and hire American compliance officers, the newspaper reported. The U.S. […]

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