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 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.
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 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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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-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 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 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 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.
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.