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 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.
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.
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.
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 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.
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 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.
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.
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.
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.