Business

Thales Outflanks Atos With Surprise 4.76 Billion Euros Gemalto Bid

Thales Outflanks Atos With Surprise 4.76 Billion Euros Gemalto Bid

18 Dec 2017 comment

French aerospace specialist Thales knocked out Atos’s unsolicited attempt to buy Dutch cybersecurity provider Gemalto, outbidding the rival with a cash offer valued at 4.76 billion euros that won backing from the target company, according to Bloomberg.

Bitcoin Takes Bigger Wall Street Stage With Smooth CME Debut

Bitcoin Takes Bigger Wall Street Stage With Smooth CME Debut

18 Dec 2017 comment

Bitcoin futures started trading Sunday night at CME’s venue, a week after Chicago rival Cboe Global Markets introduced similar derivatives on the volatile cryptocurrency, according to Bloomberg. CME is a much bigger player in futures, so many traders expect it to make a bigger splash in the nascent space.

Samsung and Amazon Prime Video Launch HDR10+ Content

Samsung and Amazon Prime Video Launch HDR10+ Content

17 Dec 2017 comment

Samsung and Amazon Prime Video announced the entire Prime Video HDR library is now available in HDR10+, a new open standard that leverages dynamic metadata to produce enhanced contrast and colors on an expanded range of televisions.

Apple Backs Finisar With $390 Million for Face ID Technology

Apple Backs Finisar With $390 Million for Face ID Technology

17 Dec 2017 comment

Apple is spending $390 million to boost production from a maker of laser technology that’s critical for new iPhone X features such as facial recognition, according to Bloomberg.

Toyota Deepens Panasonic Battery Ties in Rush for Electric Cars

Toyota Deepens Panasonic Battery Ties in Rush for Electric Cars

16 Dec 2017 comment

Toyota deepened a partnership with battery producer Panasonic as Asia’s biggest carmaker, which initially bet big on hydrogen for clean technology, accelerates efforts to make its presence felt in electric cars, according to Bloomberg.

Amazon Music Unlimited Expands to 28 More Countries

Amazon Music Unlimited Expands to 28 More Countries

16 Dec 2017 comment

Amazon Music Unlimited announced its expansion into 28 additional countries, offering a catalog of more than 40 million songs and thousands of playlists and personalized stations.

Disney Buys Fox Assets in $52 Billion Split of Murdoch Realm

Disney Buys Fox Assets in $52 Billion Split of Murdoch Realm

15 Dec 2017 comment

Walt Disney agreed to a $52.4 billion deal to acquire much of the global empire that media baron Rupert Murdoch assembled over three decades, according to Bloomberg.

Combis Achieved the Prestigious Microsoft Gold Cloud Platform Status

Combis Achieved the Prestigious Microsoft Gold Cloud Platform Status

15 Dec 2017 comment

Combis, the leading provider of IT services in Croatia, has secured Microsoft Gold Cloud Platform status due to its recognized expertise and several successfully implemented cloud projects.

AmEx Joins Mastercard and Discover in Dumping Signature Requirement

AmEx Joins Mastercard and Discover in Dumping Signature Requirement

14 Dec 2017 comment

American Express joined Mastercard and Discover in eliminating a signature requirement for purchases made on its network, a move merchants had been pushing for, according to Bloomberg.

May Advised U.K. Must Prosecute Social Media for Illegal Content

May Advised U.K. Must Prosecute Social Media for Illegal Content

14 Dec 2017 comment

U.K. Prime Minister Theresa May should legislate to prosecute or fine social media companies if they fail to remove illegal content, a panel that advises her on ethics said, according to Bloomberg.

Atos Bids 4.3 Billion Euro for Gemalto to Form French Tech Giant

Atos Bids 4.3 Billion Euro for Gemalto to Form French Tech Giant

14 Dec 2017 comment

Atos made a 4.3-billion-euro unsolicited bid for  Gemalto with the backing of the French state’s investment bank, seeking to create a European leader in cybersecurity, digital technologies and payment services, according to Bloomberg.

Facebook to Pay Taxes Locally, Instead of Through Ireland

Facebook to Pay Taxes Locally, Instead of Through Ireland

14 Dec 2017 comment

Facebook is changing its tax structure so that it will pay taxes in the country where sales are made, rather than funneling everything through its Irish subsidiary, according to Bloomberg.

Toshiba and Western Digital Settle Fight Over Chip Unit Sale

Toshiba and Western Digital Settle Fight Over Chip Unit Sale

13 Dec 2017 comment

It is now official – Toshiba and Western Digital ended legal spat that had threatened to derail the $18 billion sale of Toshiba’s flash-memory business and cut the U.S. company off from a future supply of vital new products, according to Bloomberg.

Dell EMC Networking Chosen for Eurofiber’s DCspine

Dell EMC Networking Chosen for Eurofiber’s DCspine

13 Dec 2017 comment

Dell EMC Networking is helping Eurofiber provide a new method for data center interconnectivity as customers transform IT environments using cloud-oriented operations.

YouTube Is Said to Plan New Paid Music Subscription Service

YouTube Is Said to Plan New Paid Music Subscription Service

13 Dec 2017 comment

YouTube plans to introduce a paid music service in March, a third attempt to catch up with rivals Spotify and Apple, according to Bloomberg, citing people familiar with the matter.

Apple Reveals Most Popular Apps, Music, Movies and More in 2017

Apple Reveals Most Popular Apps, Music, Movies and More in 2017

12 Dec 2017 comment

Apple has unveiled its 2017 charts and trends, celebrating the most popular apps, music, movies, TV shows, books and podcasts across the App Store, Apple Music, iTunes, iBooks and Apple Podcasts. Editors and curators highlighted content from indie artists and developers from around the globe.

Cyber Heist Linked to Russians Targets Banks From Moscow to Utah

Cyber Heist Linked to Russians Targets Banks From Moscow to Utah

12 Dec 2017 comment

A previously unknown ring of Russian-language hackers has stolen as much as $10 million from U.S. and Russian banks in the last 18 months, according to Bloomberg.

Toshiba and Western Digital Are Said to Settle Spat Over Chip Sale

Toshiba and Western Digital Are Said to Settle Spat Over Chip Sale

12 Dec 2017 comment

Toshiba and Western Digital have agreed in principle to settle their legal dispute over the $18 billion sale of Toshiba’s flash-memory business with a formal announcement expected soon, according to Bloomberg, citing people familiar with the matter.

Uber Stays on London Streets Until at Least April on Appeal

Uber Stays on London Streets Until at Least April on Appeal

12 Dec 2017 comment

Uber’s London fate won’t be decided until mid-way through 2018 after a judge said that she will schedule an appeal hearing in either April or June, meaning the company can operate in its busiest European market until then, according to Bloomberg.

Apple Is Said to Be Buying Shazam

Apple Is Said to Be Buying Shazam

11 Dec 2017 comment

Apple is close to acquiring Shazam, the startup whose music recognition app is already built into Apple’s Siri virtual assistant, according to Bloomberg, citing a person familiar with the discussions.

Apple Launches Heart Study to Identify Irregular Heart Rhythms

Apple Launches Heart Study to Identify Irregular Heart Rhythms

10 Dec 2017 comment

Apple launched the Heart Study app, a first-of-its-kind research study using Apple Watch’s heart rate sensor to collect data on irregular heart rhythms and notify users who may be experiencing atrial fibrillation (AFib).

Facebook Unveils Messaging App for Kids to Pursue Younger Users

Facebook Unveils Messaging App for Kids to Pursue Younger Users

10 Dec 2017 comment

Facebook unveiled a new version of its Messenger app for children, opening up a new front in its battle for younger users with Snap, according to Bloomberg.

Amazon Prime Video App Available on Apple TV in Over 100 Countries

Amazon Prime Video App Available on Apple TV in Over 100 Countries

9 Dec 2017 comment

Amazon  announced the Prime Video app is available on Apple TV 4K and previous generations of Apple TV in over 100 countries.

EU Court Backs Apple in Clash With Xiaomi

EU Court Backs Apple in Clash With Xiaomi

9 Dec 2017 comment

Apple fended off an attempt by Xiaomi to get a European Union trademark for the name “Mi Pad” after judges ruled it could easily be confused with the U.S. tech giant’s iPad, according to Bloomberg.

Qualcomm Takes Another Shot at Ending Intel PC Stranglehold

Qualcomm Takes Another Shot at Ending Intel PC Stranglehold

8 Dec 2017 comment

Qualcomm is taking another stab at breaking into the market for personal-computer processors with a range of new devices it says will stay connected and run all day on one battery charge, according to Bloomberg.

AWS Announces Alexa for Business

AWS Announces Alexa for Business

8 Dec 2017 comment

Amazon Web Services announced Alexa for Business, a new service that provides every employee with an intelligent assistant to simplify their interactions with the technology around them at work: in conference rooms, at their desks, and around the office.

Bitcoin Frenzy Buckles Exchanges as Price Surges Past $16,000

Bitcoin Frenzy Buckles Exchanges as Price Surges Past $16,000

8 Dec 2017 comment

Bitcoin surged past $16,000 for the first time on Thursday, with frenzied demand to trade the cryptocurrency buckling one of the largest exchanges just days before the first U.S. futures contracts begin trading, according to Bloomberg.

T-Mobile Starts $1.5 Billion Stock Buyback

T-Mobile Starts $1.5 Billion Stock Buyback

7 Dec 2017 comment

T-Mobile US is starting a $1.5 billion stock-repurchase program after merger efforts with Sprint collapsed, according to Bloomberg.

Broadcom Projects Robust Sales on Strong Smartphone Demand

Broadcom Projects Robust Sales on Strong Smartphone Demand

7 Dec 2017 comment

Broadcom gave an upbeat sales forecast, indicating that its smartphone customers are optimistic about demand, according to Bloomberg.

EU to Rubber-Stamp Tax Blacklist as It Takes on Tech Giants

EU to Rubber-Stamp Tax Blacklist as It Takes on Tech Giants

7 Dec 2017 comment

The European Union is set to agree on a blacklist of tax havens that could potentially face sanctions for failing to bring their standards in line with the bloc, as it seeks to further step up its fight against opaque practices that facilitate avoidance by multinationals and individuals, according to Bloomberg.