Business

Austria Seeks to Tax Transactions Over Google and Facebook

Austria Seeks to Tax Transactions Over Google and Facebook

8 May 2017 comment

Austria is seeking ways to make digital services like Google or Facebook pay taxes for transactions with the nation’s internet users, trying to plug gaps in a tax system still designed for brick-and-mortar business, according to Bloomberg.

Significant Importance of ICT Solutions in Tourism

Significant Importance of ICT Solutions in Tourism

8 May 2017 comment

On the occasion of celebrating 70 years of the tourist company Jadranka, we talked with Marko Lukičić, member of the Management Board of Jadranka Grupa about ICT solutions and the impacts they have on the business. Lukičić emphasizes that the Group has made certain strategic decisions and the first one was to establish a private data centre based on virtualization technology.

McLaren and Logitech Team Up for the World’s Fastest Gamer Competition

McLaren and Logitech Team Up for the World’s Fastest Gamer Competition

8 May 2017 comment

McLaren has become the first Formula 1 team to enter the esports arena, announcing World’s Fastest Gamer, the world’s most intense and demanding competition for virtual racers.

Apple Halts License Payments to Qualcomm

Apple Halts License Payments to Qualcomm

7 May 2017 comment

Apple cut off billions of dollars in payments to  Qualcomm, turning a contract dispute into what one analyst called an "all-out war" that forced the chip supplier to slash forecasts given only days ago, according to Bloomberg.

Uber Gives U.K. Drivers Option to Buy Disability Benefits

Uber Gives U.K. Drivers Option to Buy Disability Benefits

7 May 2017 comment

Uber will begin offering U.K. drivers the ability to buy injury and illness insurance, a step to provide a safety net for the independent drivers it has long been criticized for treating poorly, according to Bloomberg.

Twitter Says It Would Love World Leaders to Use It Like Trump

Twitter Says It Would Love World Leaders to Use It Like Trump

6 May 2017 comment

Twitter won’t attribute a bump in activity on its platform to U.S. President Donald Trump’s prolific usage. But, according to Bloomberg, the president’s tweets certainly put the company in the spotlight, Twitter COO Anthony Noto said.

Apple, Facebook Poised to Show Further Signs of Tech Dominance

Apple, Facebook Poised to Show Further Signs of Tech Dominance

6 May 2017 comment

Amazon and Alphabet posted results that extended their dominance of how we shop and search online. Apple and Facebook will in the coming days add evidence that tech behemoths command an ever widening share of consumer time and spending.

Pay-TV Users Are Bailing Faster Than Ever, Clouding Media Stocks

Pay-TV Users Are Bailing Faster Than Ever, Clouding Media Stocks

6 May 2017 comment

U.S. cable and satellite-TV providers suffered their worst first quarter of subscriber losses in history, raising fresh concerns that cord-cutting will accelerate and drag down media stocks, according to Bloomberg.

Fortinet Organizes Fortinet Security Day in Zagreb

Fortinet Organizes Fortinet Security Day in Zagreb

5 May 2017 comment

Fortinet is organizing Fortinet Security Day event for the most important customers and partners. The event will take place in Zagreb at Kras Auditorium on 23rd May 2017.

Amazon CEO Bezos Sells About $1 Billion in Company Stock

Amazon CEO Bezos Sells About $1 Billion in Company Stock

5 May 2017 comment

Amazon CEO Jeff Bezos sold about $1 billion in company stock as part of a planned divestiture, a month after the world’s third-richest man said he spends about that amount annually on his space exploration company Blue Origin, according to Bloomberg.

Infosys to Hire 10,000 American Workers Amid Crackdown on Visas

Infosys to Hire 10,000 American Workers Amid Crackdown on Visas

5 May 2017 comment

India’s Infosys said it plans to hire 10,000 Americans in the next two years, following criticism from the Trump administration that the company and other outsourcing firms are unfairly taking jobs away from U.S. workers, according to Bloomberg.

Waymo-Uber Judge Torn Over Strong Evidence Minus Smoking Gun

Waymo-Uber Judge Torn Over Strong Evidence Minus Smoking Gun

5 May 2017 comment

The judge presiding over Waymo’s trade-secrets fight with Uber said it seems “overwhelmingly clear” the engineer at the center of the case took confidential files but there’s no “smoking gun” proof the ride-hailing company illegally used the information, according to Bloomberg.

Apple to Invest $1 Billion in U.S. Manufacturing, CNBC Says

Apple to Invest $1 Billion in U.S. Manufacturing, CNBC Says

4 May 2017 comment

Apple plans to invest $1 billion in creating a fund to back advanced manufacturing companies in the U.S., CEO Tim Cook told CNBC in an interview, according to Bloomberg.

Canada is the Partner Country for Gamescom 2017

Canada is the Partner Country for Gamescom 2017

4 May 2017 comment

Canada is the official partner country of gamescom 2017 (22 to 26 August). Koelnmesse and the German Trade Association of Interactive Entertainment Software (BIU) have won one of the world's leading developer locations for computer and video games for gamescom 2017.

Facebook Hiring 3,000 People to Monitor Live Video for Violence

Facebook Hiring 3,000 People to Monitor Live Video for Violence

4 May 2017 comment

Facebook will hire 3,000 people around the world to monitor videos and posts for violent or criminal acts, and potentially prevent tragedies from occurring, according to Bloomberg.

Altus Continues to Invest and Opens New Data Center

Altus Continues to Invest and Opens New Data Center

4 May 2017 comment

There is a growing need in the Croatian market for space in data centers. Therefore, Altus has decided to expand its existing DC 3, which we talked about with Goran Đoreski, the first man of the company.

Qualcomm Said to Seek U.S. Import Ban for iPhones

Qualcomm Said to Seek U.S. Import Ban for iPhones

4 May 2017 comment

Incensed over Apple’s decision to stop paying it billions of dollars in licensing fees for smartphone chips,  Qualcomm plans to retaliate by asking a U.S. trade agency to ban the imports of iPhones, according to Bloomberg citing a person familiar with the company’s strategy.

Microsoft Momentum Slows on Weaker Sales of Surface Tablets

Microsoft Momentum Slows on Weaker Sales of Surface Tablets

3 May 2017 comment

Satya Nadella’s plan to reshape Microsoft as a cloud-computing company hit a snag in the third quarter, when lackluster sales of Surface tablets and weaker demand for corporate software-support services kept revenue growth in check, according to Bloomberg.

Apple Sells Fewer iPhones as Consumers Wait for Big Upgrade

Apple Sells Fewer iPhones as Consumers Wait for Big Upgrade

3 May 2017 comment

Apple reported falling iPhone sales, highlighting the need to deliver blockbuster new features in the next edition of the flagship device if the company is to fend off rivals like Samsung, according to Bloomberg.

Microsoft Presents $999 Laptop in Hardware Push to Rival MacBook

Microsoft Presents $999 Laptop in Hardware Push to Rival MacBook

3 May 2017 comment

Microsoft introduced its first true laptop, a $999 device running a souped-up version of Windows software that’s aimed at college students and represents the company’s latest bid to become a player in hardware to rival Apple, according to Bloomberg.

Foxconn Chairman Gou Meets With Trump

Foxconn Chairman Gou Meets With Trump

2 May 2017 comment

Foxconn said it plans a big increase in investments in the U.S. after billionaire Chairman Terry Gou visited the White House over consecutive days, including a meeting with President Donald Trump, according to Bloomberg.

Sony Reaches 22-Month High as Analysts Predict Record Profit

Sony Reaches 22-Month High as Analysts Predict Record Profit

2 May 2017 comment

Sony shares jumped to their highest since May 2015 after a bullish earnings report triggered analyst predictions that the electronics maker could achieve record profit this year, according to Bloomberg.

PayPal Partnership Deals Deliver Growth

PayPal Partnership Deals Deliver Growth

2 May 2017 comment

PayPal CEO Dan Schulman is getting investors to embrace his strategy of converting the online payments platform into a digital wallet, even if it requires deal-making that may diminish profit margins, according to Bloomberg.

Western Digital Earnings Show Value and Risk of SanDisk Purchase

Western Digital Earnings Show Value and Risk of SanDisk Purchase

2 May 2017 comment

Western Digital’s earnings showed the value of its SanDisk acquisition and how much it has to lose if a partnership with Toshiba is disrupted by the desperation sale of the Japanese company’s chip unit, according to Bloomberg.

Philips Confident of Sales-Growth Target Amid U.S. Weakness

Philips Confident of Sales-Growth Target Amid U.S. Weakness

30 Apr 2017 comment

Philips said a strong order book and resilient performance in markets including China and India would allow the Dutch health-care equipment provider meet sales targets, even as uncertainty surrounding U.S. policy led hospitals there to delay spending, according to Bloomberg.

Texas Instruments Sees Chip Sales Growth in Auto and Industrial

Texas Instruments Sees Chip Sales Growth in Auto and Industrial

30 Apr 2017 comment

Texas Instruments, which has one of the biggest customer lists in the semiconductor business, gave an outlook suggesting demand remains strong for components across industries from cars to factory equipment, according to Bloomberg.

COMMENTARY: Solid HT's results

COMMENTARY: Solid HT's results

29 Apr 2017 comment

Finally, the last results are here of telecom operators' business in the first quarter of this year. While the strongest telecom and former monopolist realizes solid revenue under strict regulatory control, it is apparent on the market that the two largest ones, i.e. HT (Reuters: HT.ZA; Bloomberg: HTRA CZ) and Vipnet, profit from the revenue consolidation of Crnogorski Telekom and Metronet.

T-Mobile US Will Gain More Users, Profit Stays Same

T-Mobile US Will Gain More Users, Profit Stays Same

29 Apr 2017 comment

T-Mobile US will gain more subscribers than expected this year amid intensified competition from Verizon and AT&T, even if it means taking a hit on profit, according to Bloomberg.

Dropbox Reaches Key Profit Milestone on Path to IPO

Dropbox Reaches Key Profit Milestone on Path to IPO

29 Apr 2017 comment

Dropbox 's CEO said the company is now generating a profit excluding interest, taxes, depreciation and amortization, a key metric that investors are watching as the file-sharing software maker moves closer to becoming a public company, according to Bloomberg.

GoPro Turnaround Plan Takes Off

GoPro Turnaround Plan Takes Off

28 Apr 2017 comment

GoPro surprised investors with higher sales than analysts expected, showing that a cost-cutting plan is starting to stem the action camera maker’s decline, according to Bloomberg.