Business

Sharp Could Supply OLED Screens for New iPhone

Sharp Could Supply OLED Screens for New iPhone

3 Oct 2016 comment

According to Bloomberg Apple is in negotiations with Sharp to secure organic LED displays for the iPhone maker’s next-generation of devices, a person familiar with the matter said.

Telefonica Might Open O2 IPO to Individual Investors

Telefonica Might Open O2 IPO to Individual Investors

3 Oct 2016 comment

After failing with an initial public offering of its infrastructure unit, Telefonica SA is likely to test investors’ appetite again with the sale of its U.K. mobile-phone business, only this time with a possible twist, according to Bloomberg.

Apple and Ireland Claim EU Kept Them in Dark About Tax Problem

Apple and Ireland Claim EU Kept Them in Dark About Tax Problem

2 Oct 2016 comment

Apple Inc. and Ireland are preparing appeals to argue that European Union competition investigators unfairly kept them in the dark during a probe that ended in a record 13 billion-euro ($14.6 billion) tax bill, people with knowledge of their case say, according to Bloomberg.

$200 Million Investments For Two Chinese Bike-Sharing Startups

$200 Million Investments For Two Chinese Bike-Sharing Startups

2 Oct 2016 comment

China’s two largest bike-sharing services both landed major investments within days of each other, one of them at an unprecedented $500 million valuation, according to Bloomberg.

Google Combines Cloud and Corporate Software Offerings

Google Combines Cloud and Corporate Software Offerings

1 Oct 2016 comment

Google repackaged its cloud services and corporate software and hardware offerings into a new unit called Google Cloud on Thursday, according to Bloomberg. This is their latest attempt to catch leaders in the sector Amazon.com Inc. and Microsoft Corp.

By 2020

By 2020 "Cloud Shift" will affect more than $1 trillion in IT spending

1 Oct 2016 comment

More than $1 trillion in IT spending will be directly or indirectly affected by the shift to cloud during the next five years, said Gartner. According to the new analysis this will make cloud computing one of the most disruptive forces of IT spending since the early days of the digital age.

Agrokor's Abrakadabra becomes an online bookstore

Agrokor's Abrakadabra becomes an online bookstore

1 Oct 2016 comment

Online web shop Abrakadabra.com, part of the biggest retailer in the region Agrokor, just starts to sell books online. With as many as 25 000 titles, in ti’s web shop, Abrakadabra.com everyone can find a book for themselves and others. Books are delivered free of charge to Tisak newsstands and Paketomats anywhere in Croatia. You can choose to pay with any credit card without interest, while you collect points on your MultiPlusCard with every purchase.

Telefonica's Rush to Save Telxius IPO

Telefonica's Rush to Save Telxius IPO

30 Sep 2016 comment

Telefonica SA is scrambling to rescue the initial public offering of infrastructure unit Telxius Telecom SA amid insufficient demand for the shares, according to people familiar with the matter, according to Bloomberg.

Uber’s Rival Seeks Up to $500 Million New Investments

Uber’s Rival Seeks Up to $500 Million New Investments

30 Sep 2016 comment

Careem FZ, a ride-sharing service that competes with Uber Technologies Inc. in the Middle East, is seeking as much as $500 million in new funding, according to people familiar with the matter, according to Bloomberg.

Samsung Apologizes for Confusion About Note 7 in China

Samsung Apologizes for Confusion About Note 7 in China

29 Sep 2016 comment

Samsung Electronics Co. apologized to Chinese customers after new complaints about combusting Note 7 smartphones spurred doubts about their safety, as outrage grows over its decision to exclude the country from a global recall, according to Bloomberg.

Indonesia Raids Google’s Jakarta Office for Tax Payment Data

Indonesia Raids Google’s Jakarta Office for Tax Payment Data

29 Sep 2016 comment

Bloomberg reports that Indonesian tax officials raided Google Inc.’s Jakarta office seeking data to back its allegations of unpaid taxes as the government steps up efforts to earn more revenue from internet companies, according to Bloomberg.

Worldwide IT spending will reach $2.7 Trillion in 2020

Worldwide IT spending will reach $2.7 Trillion in 2020

12 Sep 2016 comment

A newly published update to the Worldwide Semiannual IT Spending Guide: Vertical and Company Size from International Data Corporation (IDC) finds that worldwide revenues for information technology products and services will grow from nearly $2.4 trillion in 2016 to more than $2.7 trillion in 2020. This represents a compound annual growth rate (CAGR) of 3.3% for the 2015-2020 forecast period.

IDC: Worldwide spending on 3D printers surpass 35 billion USD in 2020

IDC: Worldwide spending on 3D printers surpass 35 billion USD in 2020

7 Sep 2016 comment

According to new IDC research worldwide spending on 3D printers will top 35,4 billion USD in 2020. This is more than double the $15.9 billion in revenues forecast for 2016 and represents a compound annual growth rate (CAGR) of 24.1% over the 2015-2020 forecast period.