Business

Bosch Honors Best Start-Up Collaboration

Bosch Honors Best Start-Up Collaboration

17 May 2019 comment

The Bosch Group recognized Code Intelligence and Hesai Photonics with the “Open Bosch Award” for best start-up collaboration.

Macron Says Europe Won't Block Huawei

Macron Says Europe Won't Block Huawei

17 May 2019 comment

Donald Trump’s latest offensive against Huawei puts Europe in an even bigger bind over which side to pick, but France’s Emmanuel Macron is holding the line, according to Bloomberg.

Huawei Lands on US Trade Blacklist

Huawei Lands on US Trade Blacklist

17 May 2019 comment

Donald Trump ratcheted up his battle with China for dominance of 5G, moving to curb Huawei’s access to the U.S. market and American suppliers, according to Bloomberg.

Disney Takes Full Control of Hulu as War on Netflix Heats Up

Disney Takes Full Control of Hulu as War on Netflix Heats Up

16 May 2019 comment

Walt Disney will take full control of Hulu in a deal with co-owner Comcast that envisions the value of the streaming service soaring to more than $27 billion in five years, according to Bloomberg.

Išek: Combis Became an Agile Company Last Year

Išek: Combis Became an Agile Company Last Year

16 May 2019 comment

Croatian company Combis has a good streak of three years in which they have achieved record breaking results.

Twitter and Facebook Join Global Pledge to Fight Hate Speech Online

Twitter and Facebook Join Global Pledge to Fight Hate Speech Online

16 May 2019 comment

The leaders of France and New Zealand joined with the world’s biggest online platforms in pledging to help curb the internet’s role in spreading hate speech and incitement to violence, according to Bloomberg.

Vodafone Cuts Dividend as Revenue Falls and Spectrum Costs Loom

Vodafone Cuts Dividend as Revenue Falls and Spectrum Costs Loom

15 May 2019 comment

Vodafone’s dividend has cracked under the strain of falling revenue, soaring spectrum costs and a $21 billion acquisition, according to Bloomberg.

Google Unveils Slew of New Digital Ad Formats in Amazon Battle

Google Unveils Slew of New Digital Ad Formats in Amazon Battle

15 May 2019 comment

Google is giving advertisers a ton of extra digital real estate, adding new promotional formats to online search, YouTube and its increasingly popular Discover service, according to Bloomberg.

Qualcomm and HMD Global Sign 5G Patent License Agreements

Qualcomm and HMD Global Sign 5G Patent License Agreements

14 May 2019 comment

HMD Global has entered into a direct worldwide license arrangement with Qualcomm to cover branded single-mode and multimode devices manufactured and marketed under the Nokia brand.

Bitcoin's Surge to Almost $8,000 Rekindles Memories of Bubble

Bitcoin's Surge to Almost $8,000 Rekindles Memories of Bubble

14 May 2019 comment

Bitcoin jumped to almost $8,000 and didn’t look back, as its longest winning streak since 2013 continued to rekindle the global cryptocurrency market, according to Bloomberg.

Uber's Losses Reach Double Digits in IPO Debut Debacle

Uber's Losses Reach Double Digits in IPO Debut Debacle

14 May 2019 comment

Uber shares extended the free-fall on Monday following a rocky debut after launching the biggest IPO of the year, according to Bloomberg.

Google Tops 15 Million Music Subscribers as It Chases Spotify

Google Tops 15 Million Music Subscribers as It Chases Spotify

13 May 2019 comment

Google’s paid music services have eclipsed 15 million subscribers, according to Bloomberg, citing two people familiar with the numbers.

Ordnance Survey and Mobileye Begin to Map Roadside Infrastructure in UK

Ordnance Survey and Mobileye Begin to Map Roadside Infrastructure in UK

13 May 2019 comment

Ordnance Survey, Great Britain’s national mapping agency, and Mobileye have launched trials to create the first detailed roadside infrastructure dataset of Britain for a new, accurate and customisable location information service.

IBM Services Signs Agreement with Lenovo Data Center Group

IBM Services Signs Agreement with Lenovo Data Center Group

13 May 2019 comment

IBM announced that it will support the customer experience of Lenovo's Data Center Group with Cognitive and Blockchain-powered field service solutions in over 200 countries worldwide.

U.K. May Face 5G Delay on Huawei Review

U.K. May Face 5G Delay on Huawei Review

13 May 2019 comment

U.K. could face a delay accessing the next generation of mobile services if it places restrictions on Huawei, according to Bloomberg, citing the cabinet minister overseeing the policy.

Vodafone's $7.7 Billion Australia Merger Blocked by Regulator

Vodafone's $7.7 Billion Australia Merger Blocked by Regulator

12 May 2019 comment

A planned $7.7 billion merger of Vodafone’s struggling Australian business with TPG Telecom was blocked by the regulator, according to Bloomberg.

Crypto-Exchange-Giant Binance Reports Hack of 7,000 Bitcoins

Crypto-Exchange-Giant Binance Reports Hack of 7,000 Bitcoins

12 May 2019 comment

Binance, one of the world’s largest cryptocurrency exchanges, said hackers withdrew 7,000 Bitcoins worth about $40 million via a single transaction in a “large scale security breach,” according to Bloomberg.

Singapore Studying Whether to Allow Digital-Only Banks

Singapore Studying Whether to Allow Digital-Only Banks

11 May 2019 comment

Singapore is discussing the possibility of allowing virtual banks to operate in the city state, the Monetary Authority of Singapore said, according to Bloomberg.

Lyft Tries to Assure Investors That Losses Will Drop in 2020

Lyft Tries to Assure Investors That Losses Will Drop in 2020

11 May 2019 comment

In its first financial report since going public, Lyft exceeded analysts’ sales expectations and assured investors that its hefty losses will decrease next year, according to Bloomberg.

Facebook Picks London to Drive WhatsApp Mobile Payments Globally

Facebook Picks London to Drive WhatsApp Mobile Payments Globally

10 May 2019 comment

Facebook intends to drive a global expansion of mobile payments on WhatsApp from London, accelerating its efforts to make money off the popular messaging service, according to Bloomberg.

Uber’s Conservative IPO Valuation Faces Public Market Test

Uber’s Conservative IPO Valuation Faces Public Market Test

10 May 2019 comment

Uber Technologies Inc. took a conservative approach to its initial public offering Thursday, picking a share price toward the bottom of the marketed range and at a valuation below its last private funding round, according to Bloomberg. On Friday, public market investors will get to decide whether that was a good idea.

Samsung Plans to Invest KRW 133 Trillion in Logic Chip Businesses by 2030

Samsung Plans to Invest KRW 133 Trillion in Logic Chip Businesses by 2030

10 May 2019 comment

Samsung announced that it will invest KRW 133 trillion by 2030 to strengthen its competitiveness in System LSI and Foundry businesses.

Waiting for Uber – IPO set on lower range of stock price

Waiting for Uber – IPO set on lower range of stock price

10 May 2019 comment

Uber Technologies Inc. raised $8.1 billion in its initial public offering after pricing shares near the bottom of their marketed range, according to Bloomberg. The ride-hailing company sold 180 million shares for $45 each, according to a statement Thursday. It had marketed them for $44 to $50 apiece. But Uber said maybe it will never go into profitability. Uber will begin trading publicly on today.

ServiceNow Unveils Google Pact on Path to $10 Billion Sales Goal

ServiceNow Unveils Google Pact on Path to $10 Billion Sales Goal

10 May 2019 comment

ServiceNow, a maker of cloud-based software, unveiled a partnership with Google Cloud and introduced new finance automation software in a bid to reach $10 billion in annual sales, according to Bloomberg.

Apple Said to Prep Upgrades for iPhone Apps, Watch, Health Data

Apple Said to Prep Upgrades for iPhone Apps, Watch, Health Data

9 May 2019 comment

Apple is planning to unleash a slew of new apps, features and development tools at its annual software conference next month, according to Bloomberg.

South Central Ventures Invested in a New Way of Shopping Experience

South Central Ventures Invested in a New Way of Shopping Experience

9 May 2019 comment

South Central Ventures is adding another member to its portfolio in Serbia, Leanpay.

Uber Drivers Threaten Protests But $9 Billion IPO Rides On

Uber Drivers Threaten Protests But $9 Billion IPO Rides On

9 May 2019 comment

Uber drivers in major cities across the U.S. and the U.K. threaten strikes over low wages and unstable working conditions, according to Bloomberg.

Lenovo Announces ‘Smarter Technology For All’ Scholarship

Lenovo Announces ‘Smarter Technology For All’ Scholarship

8 May 2019 comment

Lenovo announced the “Smarter Technology for All” scholarship in collaboration with UK-based non-profit, One Young World.

SoftBank Mulls IPO for $100 Billion Vision Fund

SoftBank Mulls IPO for $100 Billion Vision Fund

8 May 2019 comment

SoftBank Group is considering an initial public offering of its $100 billion Vision Fund, according to Bloomberg, citing the Wall Street Journal.

Google Debuts Cheaper Pixel Phones After Premium Handsets Flop

Google Debuts Cheaper Pixel Phones After Premium Handsets Flop

8 May 2019 comment

Google unveiled cheaper Pixel smartphones after the company’s line of premium handsets failed to sell in large numbers, according to Bloomberg.