Repeal of FCC rules pitting privacy advocates vs. ISPs passes Senate

(courtesy of Jacksonville Business Journal) While the push for health care reform and Supreme Court confirmation hearings continue to dominate this week's Washington news cycles, a Senate vote on internet privacy matters taken today is drawing the attention of business owners and consumer advocates alike. At issue are privacy rules that were put in place … Continue reading Repeal of FCC rules pitting privacy advocates vs. ISPs passes Senate

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Intel to buy driverless car-tech firm Mobileye for $15 billion

(courtesy of reuters.com/technology news) U.S. chipmaker Intel (INTC.O) agreed to buy driverless car-technology firm Mobileye (MBLY.N) for $15.3 billion on Monday, positioning itself for a dominant role in the autonomous-driving sector after missing the market for mobile phones. The $63.54-per-share cash deal marks the largest purchase of a company solely focused on the self-driving sector. … Continue reading Intel to buy driverless car-tech firm Mobileye for $15 billion

Mumbai-based conglomerate agrees to buy Jacksonville company

(courtesy of Jacksonville Business Journal) A Mumbai-based technology company signed an agreement to purchase Jacksonville-based CJS Solutions Group LLC, which does business as The HCI Group, early Monday morning. Tech Mahindra LTD will purchase an 85.7 percent stake in the company for an upfront price of $89.5 million and plans to buy the remaining stake … Continue reading Mumbai-based conglomerate agrees to buy Jacksonville company