Business

Amsterdam Hits Pause on Data-Center Boom

Amsterdam Hits Pause on Data-Center Boom

21 Jul 2019 comment

Amsterdam reckons it has more data centers than any other major city in the world, and that’s turned out to be too much of a good thing, according to Bloomberg.

Disneyland Is Tracking Guests and Generating Big Profits Doing It

Disneyland Is Tracking Guests and Generating Big Profits Doing It

21 Jul 2019 comment

With the recent opening of the Star Wars: Galaxy’s Edge theme park at California’s Disneyland, the company continues to boost its $20 billion resorts business, according to Bloomberg.

Microsoft Data Shows Hackers Are Still Targeting U.S. Elections

Microsoft Data Shows Hackers Are Still Targeting U.S. Elections

20 Jul 2019 comment

State-backed hackers have attempted to infiltrate targets related to U.S. elections more than 700 times in the past year, according to Bloomberg, citing a Microsoft blog post.

Europe's Plan to Prove Its Tech Muscle Gets Lost in Space

Europe's Plan to Prove Its Tech Muscle Gets Lost in Space

20 Jul 2019 comment

Europe’s determination to build up its own, independent, tech infrastructure took a hit this week, according to Bloomberg.

Banning Huawei Could Make U.K. Networks Less Secure, MPs Say

Banning Huawei Could Make U.K. Networks Less Secure, MPs Say

20 Jul 2019 comment

Barring Huawei from operating in the U.K. could lower security standards and make networks less resilient to malicious attacks, according to Bloomberg, citing Parliament’s intelligence and security committee.

Robert Bosch Venture Capital Invests in Xometry

Robert Bosch Venture Capital Invests in Xometry

19 Jul 2019 comment

Robert Bosch Venture Capital (RBVC) joins a $55m growth financing round in Xometry.

Amazon Settles German Antitrust Probe Ahead of EU Battle

Amazon Settles German Antitrust Probe Ahead of EU Battle

19 Jul 2019 comment

Amazon struck a deal with Germany and Austria to shut down antitrust probes into how it handles other merchants on its site, according to Bloomberg.

Intel and SAP Broaden Their Technology Partnership

Intel and SAP Broaden Their Technology Partnership

19 Jul 2019 comment

Intel and SAP announced a multiyear technology partnership focused on optimizing Intel’s platforms for SAP’s end-to-end enterprise software applications.

Qualcomm Fined 242 Million Euros by EU for Predatory Pricing

Qualcomm Fined 242 Million Euros by EU for Predatory Pricing

19 Jul 2019 comment

Qualcomm was fined 242 million euros by EU antitrust regulators for deliberately pricing some chips so low they could eliminate a smaller rival, according to Bloomberg.

Bosch is Expanding its Involvement in Cyber Valley

Bosch is Expanding its Involvement in Cyber Valley

18 Jul 2019 comment

Bosch plans to ramp up its AI activities in Tübingen in Germany’s Cyber Valley.

IBM Profit Tops Estimates as Focus Turns to Red Hat for Growth

IBM Profit Tops Estimates as Focus Turns to Red Hat for Growth

18 Jul 2019 comment

IBM reported earnings that topped analysts’ estimates in the fiscal second quarter as investors look to the Red Hat acquisition to fuel future growth in cloud computing, according to Bloomberg.

AT&T Signs Startegic Partnerships With IBM and Microsoft

AT&T Signs Startegic Partnerships With IBM and Microsoft

18 Jul 2019 comment

U.S. telecommunications giant AT&T has signed two significant strategic contracts with IBM and Microsoft.

Ericsson Ends Run of Earnings Beats With Asia Warning

Ericsson Ends Run of Earnings Beats With Asia Warning

18 Jul 2019 comment

Ericsson posted earnings that missed analyst estimates for the first time in six quarters and warned its rollout of 5G mobile networks in Asia would weigh on profits, according to Bloomberg.

Facebook Libra Senate Hearing: Digital Coin Draws Tough Questions

Facebook Libra Senate Hearing: Digital Coin Draws Tough Questions

17 Jul 2019 comment

Republican and Democratic Senators sharply questioned Facebook’s plan to create its own digital money, according to Bloomberg.

Dell Achieves Many 2020 Social Impact Goals Ahead of Schedule

Dell Achieves Many 2020 Social Impact Goals Ahead of Schedule

17 Jul 2019 comment

Dell announced that it will complete or exceed over 75% of the goals outlined in its 2020 Legacy of Good plan ahead of schedule.

Amazon in EU Crosshairs as Vestager Fights Big Tech to the End

Amazon in EU Crosshairs as Vestager Fights Big Tech to the End

17 Jul 2019 comment

Amazon faces a full-blown EU antitrust probe as Margrethe Vestager prepares for a summer finale to her five-year crackdown on U.S. technology giants, according to Bloomberg.

Huawei Plans to Cut Jobs in U.S.-Based Subsidiary

Huawei Plans to Cut Jobs in U.S.-Based Subsidiary

16 Jul 2019 comment

Huawei is planning to cut jobs at its U.S. subsidiary, the Wall Street Journal reported, citing unidentified people familiar with the situation, according to Bloomberg.

Facebook $5 Billion U.S. Privacy Settlement Approved by FTC

Facebook $5 Billion U.S. Privacy Settlement Approved by FTC

15 Jul 2019 comment

FTC approved a record privacy settlement against Facebook requiring the company to pay about $5 billion to resolve an investigation stemming from the Cambridge Analytica scandal, according to Bloomberg.

HPE Releases 4th Annual ESG Report

HPE Releases 4th Annual ESG Report

15 Jul 2019 comment

Hewlett Packard Enterprise released its annual Living Progress Report for 2018.

Uhura Solutions raises €400k from South Central Ventures

Uhura Solutions raises €400k from South Central Ventures

15 Jul 2019 comment

South Central Ventures added another company to its portfolio in Montenegro.

Oracle Loses Challenge to $10 Billion Pentagon Cloud Contract

Oracle Loses Challenge to $10 Billion Pentagon Cloud Contract

15 Jul 2019 comment

Oracle lost its legal challenge to the Pentagon’s $10 billion cloud contract, clearing the way for the government to award the contract to Amazon or Microsoft, according to Bloomberg.

Facebook Defends Libra Token Ahead of Congressional Scrutiny

Facebook Defends Libra Token Ahead of Congressional Scrutiny

14 Jul 2019 comment

Facebook sought to mitigate concerns that have been raised about its proposed cryptocurrency, stating that the token’s purpose is to create a secure and low-cost way for consumers to move money around the world, according to Bloomberg.

Nintendo Unveils Cheaper Version of Switch Gaming Console

Nintendo Unveils Cheaper Version of Switch Gaming Console

14 Jul 2019 comment

Nintendo introduced a cheaper version of its portable Switch gaming console, as the company seeks to expand the potential market for games, according to Bloomberg.

Robert Bosch Venture Capital Leads Growth Funding Round in MegaRobo

Robert Bosch Venture Capital Leads Growth Funding Round in MegaRobo

14 Jul 2019 comment

Robert Bosch Venture Capital, the corporate venture capital company of the Bosch Group, leads a growth financing round in MegaRobo.

Microsoft Sets Up Shop Next to Apple With First European Store

Microsoft Sets Up Shop Next to Apple With First European Store

13 Jul 2019 comment

Apple’s flagship central London retail store got a new neighbor, as Microsoft opened its inaugural European high-street presence just meters away, according to Bloomberg.

Poslovna Inteligencija Announces First Croatian Product with TM Forum Frameworx Certification

Poslovna Inteligencija Announces First Croatian Product with TM Forum Frameworx Certification

13 Jul 2019 comment

Poslovna inteligencija announced that they have successfully completed the TM Forum Frameworx Conformance Certification process for their Data Warehouse data model for communication operators.

Germany Makes Push for Cloud Service Independent of U.S.

Germany Makes Push for Cloud Service Independent of U.S.

13 Jul 2019 comment

German Economics Minister Peter Altmaier plans to build up a German cloud service to allow European companies to store data independent of Asian or U.S. rivals, according to Bloomberg.

Cisco Buys Acacia for $2.6 Billion to Add Optical Technology

Cisco Buys Acacia for $2.6 Billion to Add Optical Technology

12 Jul 2019 comment

Cisco agreed to buy Acacia Communications for about $2.6 billion, according to Bloomberg.

Atlantic Grupa Introduces Gideon Brothers' Robots Into Business Processes

Atlantic Grupa Introduces Gideon Brothers' Robots Into Business Processes

12 Jul 2019 comment

Gideon Brothers launched its second pilot project so far, with Atlantic Grupa, a Croatian FMCG leader with a significant European footprint.

France Plans to Tax Tech Firms In Spite of U.S. Trade Threat

France Plans to Tax Tech Firms In Spite of U.S. Trade Threat

12 Jul 2019 comment

France won’t back off from its planned tax on tech companies even after the U.S. suggested it may use trade tools against the levy, according to Bloomberg.