Business

Sony Brings Virtual Reality to Masses in Test for Industry

Sony Brings Virtual Reality to Masses in Test for Industry

15 Oct 2016 comment

When the PlayStation VR goes on sale, it won’t just be a test for Sony, according to Bloomberg. As the first high-end virtual-reality headset aimed at the mass market, the gadget will also offer the first hint as to whether the technology can become a mainstream product.

The Jubilee 10th COMBIS Conference Opened on Thursday

The Jubilee 10th COMBIS Conference Opened on Thursday

14 Oct 2016 comment

The jubilee 10th COMBIS Conference has started, a two-day gathering of Croatian and regional IT community. Through this year's main topic 10ading Evolution. 10ading Change. Future 10aded., the aim is to bring participants closer to the digital transformation of companies, to show important and recent ICT projects of the country and the region and to create an insight into numerous possibilities of technology in the future.

Indonesia’s Taxmen Are Coming for Instagram Stars

Indonesia’s Taxmen Are Coming for Instagram Stars

13 Oct 2016 comment

In Indonesia’s hunt for tax revenue, social media is the new battleground, according to Bloomberg. The Southeast Asian nation plans to crack down on Instagram stars and merchants peddling goods and services on Facebook, KASKUS forum and other social media, a strategy that could yield as much as $1.2 billion of revenue, said Yon Arsal, director of tax revenue and compliance.

Samsung Cuts Profit Outlook by $2.3 Billion

Samsung Cuts Profit Outlook by $2.3 Billion

12 Oct 2016 comment

Samsung cut its third-quarter operating profit outlook by $2.3 billion after ending production of its fire-prone Galaxy Note 7 smartphones. According to Bloomberg it is the first sign of how much the crisis will cost South Korea’s largest company.

Apple Questioned by Supreme Court on Size of Samsung Award

Apple Questioned by Supreme Court on Size of Samsung Award

12 Oct 2016 comment

According to Bloomberg U.S. Supreme Court justices questioned whether Apple should be allowed to keep all of a $399 million patent award it won in a suit that accused Samsung copying the design of the iPhone.

Facebook Rolls Out Workplace Service

Facebook Rolls Out Workplace Service

11 Oct 2016 comment

Facebook wants you to use Facebook at work and make your company pay for access, according to Bloomberg.

New and Fast Internet for the Europeans Adding €910 Billion to GDP

New and Fast Internet for the Europeans Adding €910 Billion to GDP

11 Oct 2016 comment

At work, at home or on the move, Europeans expect an internet connection that is fast and reliable. Encouraging investments in very high-capacity networks is increasingly important for education, healthcare, manufacturing or transport.

BT’s New, Faster Internet Is Already Too Slow for Its Rivals

BT’s New, Faster Internet Is Already Too Slow for Its Rivals

11 Oct 2016 comment

East of Ipswich, on a former Royal Air Force base, British telecommunications provider BT Group is testing what it calls the near future of broadband, according to Bloomberg.

Samsung´s disaster, company calls customers to Switch off the Note 7

Samsung´s disaster, company calls customers to Switch off the Note 7

11 Oct 2016 comment

Samsung Electronics halted sales of its Galaxy Note 7 smartphones and asked consumers to stop using the ones they’ve already purchased, another blow to South Korea’s largest company as it struggles with a crisis over exploding batteries and as expected Samsung shares plunged, according to Bloomberg.

Samsung Said to Halt Note 7 Output

Samsung Said to Halt Note 7 Output

10 Oct 2016 comment

Samsung halted production of its Note 7 smartphones after customers reported problems with new devices, the latest blow in a six-week crisis over exploding phone batteries, according to Bloomberg.

AT&T Halts Sales of Samsung Note 7

AT&T Halts Sales of Samsung Note 7

10 Oct 2016 comment

AT&T stopped all sales of Samsung’s flagship Galaxy Note 7 over concerns about the smartphone’s safety, according to Bloomberg.

Snapchat's IPO in Q1 2017

Snapchat's IPO in Q1 2017

9 Oct 2016 comment

With a valuation as of now $17.8 billion, Snapchat is one of the most valuable startups in the world. However, the company’s days as a unicorn could soon be numbered, according to the analysts.  The initial public offering, that is scheduled in Q1 2017 would reportedly value Snapchat at $25 billion, which would make it the largest stock market debut of any tech company since Alibaba went public in September 2014.

Ma and Spielberg will Bring Hollywood to China

Ma and Spielberg will Bring Hollywood to China

9 Oct 2016 comment

Jack Ma, China’s richest man, and the highest-grossing Hollywood auteur of all time Steven Spielberg have struck a deal to work together to produce and finance films for the world’s second-largest movie market, according to Bloomberg.

Silicon Valley Deals May Land in EU Firing Line

Silicon Valley Deals May Land in EU Firing Line

9 Oct 2016 comment

The European Union may include purchase prices in the criteria used to trigger its antitrust probes, in a bid to catch more data-heavy transactions in serious merger reviews in another warning shot to Silicon Valley, according to Bloomberg.

Apple Wins Appeal Reinstating $119.6 Million Samsung Verdict

Apple Wins Appeal Reinstating $119.6 Million Samsung Verdict

9 Oct 2016 comment

Apple won an appeals court ruling that reinstates a patent-infringement verdict it won against Samsung, including for its slide-to-unlock feature for smartphones and tablets, according to Bloomberg.

Snapchat to Prepare Documents for IPO as Soon as March

Snapchat to Prepare Documents for IPO as Soon as March

8 Oct 2016 comment

Snapchat has begun preparing filings for an initial public offering and is aiming to sell shares in the first quarter of next year, according to people familiar with the matter, according to Bloomberg.

Lenovo and Fujitsu Discuss Merger of PC Businesses

Lenovo and Fujitsu Discuss Merger of PC Businesses

7 Oct 2016 comment

According to Bloomberg Lenovo Group is in talks with Fujitsu to merge their personal-computer businesses, with the Chinese manufacturer taking a majority stake in the venture, a person with knowledge of the matter said.

Bidders seem to be massively dropping out of race for Twitter takeover

Bidders seem to be massively dropping out of race for Twitter takeover

7 Oct 2016 comment

Google has reportedly pulled out of the potential bidding war for Twitter, causing the micro-blogging firm’s stock to dip as much as 15 percent in premarket trading today. Disney and Apple have also stepped out of the running, if, indeed either company was ever interested in the first place. Many of the reports floating around are based on speculation and unnamed sources.

Intel increases brand value on Interbrand’s best global brands list, Apple again tops the list

Intel increases brand value on Interbrand’s best global brands list, Apple again tops the list

7 Oct 2016 comment

For the second year in a row, Intel Corporation has increased its brand value by 4 percent and is ranked 14th on Interbrand’s 2016 Best Global Brands list. Interbrand’s annual ranking identifies the 100 best global brands by analyzing the many ways a brand benefits an organization.

Only all-in-one solutions will survive in the cloud

Only all-in-one solutions will survive in the cloud

7 Oct 2016 comment

Users and business digital footprint have expanded beyond the PC. Today they are looking for an all-in-one solution that they can trust and which integrates all business applications from on-premise to the cloud; hybrid cloud, object storage, active archives, said John Zanni, Acronis CMO.

Drone Startup Beating Amazon and Google in the Home Delivery Race

Drone Startup Beating Amazon and Google in the Home Delivery Race

6 Oct 2016 comment

More than two years ago, Amazon Chief Executive Officer Jeff Bezos spoke on 60 Minutes about delivering goods to homes with unmanned aircraft, or drones. But a little startup near Reno beat Amazon to the punch, according to Bloomberg.

Google Goes After iPhone Users With Pixel Smartphones

Google Goes After iPhone Users With Pixel Smartphones

5 Oct 2016 comment

Looking to finally enter the smartphone hardware business, Google is going after Apple, according to Bloomberg.

New player on the market TEX logistika –Tisak's new logistics platform

New player on the market TEX logistika –Tisak's new logistics platform

5 Oct 2016 comment

Tisak has made an important step forward in the logistics segment by opening its new and modern logistics distribution centre in u Sveta Nedelja. A total of 40,000 m² of warehouse space and 20,000 pallet spaces have enabled Tisak a sound base for implementing and launching its new logistics service entitled - TEX logistika.

Ericsson to Cut 3,000 Jobs in Sweden

Ericsson to Cut 3,000 Jobs in Sweden

5 Oct 2016 comment

According to Bloomberg Ericsson plans to cut 3,000 jobs in Sweden, a fifth of the workforce in its home country, as it curbs production to cope with shifting technology and stagnant demand for wireless-network equipment.

Salesforce is Buying Marketing Startup Krux for $700 Million

Salesforce is Buying Marketing Startup Krux for $700 Million

4 Oct 2016 comment

Salesforce is buying marketing-software startup Krux in a cash-and-stock deal estimated at about $700 million, the latest acquisition in a strategy to expand its products against growing competition from bigger rivals, according to Bloomberg.

IBM unveils a $200 million USD investment in new global HQ for its Watson IoT business in Munich

IBM unveils a $200 million USD investment in new global HQ for its Watson IoT business in Munich

4 Oct 2016 comment

IBM unveiled a $200 million USD investment in the new global headquarters for its Watson Internet of Things (IoT) business in Munich, new IoT capabilities around Blockchain and security and an array of clients that are driving real outcomes by using Watson IoT technologies to draw insights from billions of sensors embedded in machines, cars, drones, ball bearings, pieces of equipment and even hospitals.

Facebook Launches New Classified Advertising Service Marketplace

Facebook Launches New Classified Advertising Service Marketplace

4 Oct 2016 comment

Facebook has launched a new service to pit itself against online classified advertising services such as eBay and Craigslist. Known as Marketplace, the new Facebook service offers a new place to buy and sell items within your community.

IBM Announces Planned Acquisition of Promontory to Transform Regulatory Compliance with Watson

IBM Announces Planned Acquisition of Promontory to Transform Regulatory Compliance with Watson

4 Oct 2016 comment

IBM announced plans to acquire Promontory Financial Group, a global market-leading risk management and regulatory compliance consulting firm. Upon close, the capabilities of Promontory combined with IBM's deep industry expertise and Watson’s cognitive capabilities will directly address the massive operational effort and manual cost of escalating regulation and risk management requirements.

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.