Business

WeWork Europe Expansion Faces Growing Competition Before IPO

WeWork Europe Expansion Faces Growing Competition Before IPO

7 May 2019 comment

WeWork gets a lot of headlines for its breakneck expansion into new markets, and that’s only likely to increase now that it plans to go public, according to Bloomberg.

EU’s Big Tech Antitrust Probes Aren’t Done Yet, Vestager Says

EU’s Big Tech Antitrust Probes Aren’t Done Yet, Vestager Says

7 May 2019 comment

An antitrust crackdown on big technology firms is “definitely not done yet,” EU Competition Commissioner Margrethe Vestager told Bloomberg TV, citing probes into Amazon and Google.

Flixbus Is Said to Plan Fundraise at Over 1 Billion Euros

Flixbus Is Said to Plan Fundraise at Over 1 Billion Euros

6 May 2019 comment

Flixbus is planning a fresh round of fundraising for acquisitions after the private equity-backed German bus service decided against pursuing an initial public offering, according to Bloomberg, citing people familiar with the matter.

Leading Universities Partner with IBM

Leading Universities Partner with IBM

6 May 2019 comment

IBM announced the expansion of the IBM Q Network to include a number of global universities.

European Investment Bank Supports Economic and Social Growth in Croatia

European Investment Bank Supports Economic and Social Growth in Croatia

6 May 2019 comment

The European Investment Bank (EIB) Group backed economic and social growth and the development of vital infrastructure in Croatia in 2018 with EUR 507 million.

Qualcomm Sees Up to $4.7 Billion Payment From Apple Deal

Qualcomm Sees Up to $4.7 Billion Payment From Apple Deal

6 May 2019 comment

Apple will pay Qualcomm $4.5 to $4.7 billion to catch up on licensing fees accrued during a two-year legal battle between the companies settled last month, according to Bloomberg.

Microsoft Forms Pact With VMware to Keep Up With Amazon

Microsoft Forms Pact With VMware to Keep Up With Amazon

5 May 2019 comment

Microsoft unveiled a partnership with VMware in a bid to bring more customers to its Azure cloud-computing service, according to Bloomberg.

WeWork Files Confidentially for IPO Amid Flurry of Offerings

WeWork Files Confidentially for IPO Amid Flurry of Offerings

5 May 2019 comment

WeWork, the world’s biggest co-working company, is planning to go public, joining a wave of highly valued technology startups moving to the U.S. markets, according to Bloomberg.

U.S. Warns Against Including Huawei in Any Part of 5G Network

U.S. Warns Against Including Huawei in Any Part of 5G Network

2 May 2019 comment

The U.S. is warning countries not to include equipment from Huawei or other Chinese suppliers in any parts of their telecommunications network, according to Bloomberg.

Google Advertising Revenue Growth Slows

Google Advertising Revenue Growth Slows

2 May 2019 comment

Alphabet’s first-quarter revenue missed analysts’ estimates, sparking concern that advertisers are shifting some spending to digital rivals, according to Bloomberg.

Apple Forecast Beats Wall Street Estimates

Apple Forecast Beats Wall Street Estimates

1 May 2019 comment

Apple projected quarterly sales that topped analysts’ estimates, suggesting demand for iPhones has stabilized after a disappointing holiday period, according to Bloomberg.

Facebook Unveils Major App Redesign With Focus on Groups

Facebook Unveils Major App Redesign With Focus on Groups

1 May 2019 comment

Facebook unveiled a redesign that focuses on the Groups feature of its main social network, according to Bloomberg.

Vodafone Is Said to Have Found Huawei Security Flaws From 2009

Vodafone Is Said to Have Found Huawei Security Flaws From 2009

1 May 2019 comment

Vodafone Group has acknowledged that it found vulnerabilities going back years with equipment supplied by Huawei for the carrier’s Italian business, according to Bloomberg.

Samsung Profit Lags Reduced Estimates on Chips and Smartphones

Samsung Profit Lags Reduced Estimates on Chips and Smartphones

30 Apr 2019 comment

Samsung posted profit that missed recently reduced analysts’ estimates, according to Bloomberg.

Pierluigi Collina at the 13th Edition of the Combis Conference

Pierluigi Collina at the 13th Edition of the Combis Conference

30 Apr 2019 comment

The thirteenth edition of the Combis Conference, one of the largest regional technology conferences, will take place on May 30th and 31st, at the Olympia hotel complex in Vodice.

Tech Industry Gears Up for IFA Berlin 2019 and Beyond

Tech Industry Gears Up for IFA Berlin 2019 and Beyond

30 Apr 2019 comment

Connectivity, AI, voice control and 5G are the big trends driving innovation for consumer electronics and home appliances this year.

Ericsson Nikola Tesla Had a Strong Start in 2019

Ericsson Nikola Tesla Had a Strong Start in 2019

30 Apr 2019 comment

Ericsson Nikola Tesla Group’s business results in Q1 2019 show a continuation of stable business performance. Sales revenue amounted to 388.2 million HRK, up by 13.8% year-over-year.

Amazon Pledges One-Day Delivery for Top Clients in U.S.

Amazon Pledges One-Day Delivery for Top Clients in U.S.

29 Apr 2019 comment

Amazon will spend $800 million to reduce delivery times for top customers to one day from two, according to Bloomberg.

PwC Opens Cyber Security Experience Centre in Israel

PwC Opens Cyber Security Experience Centre in Israel

29 Apr 2019 comment

PwC has opened a global Cyber Security Experience Centre in Be'er Sheva, Israel, dedicated to Industrial Control Systems & Operations Technology Security.

Battle for 5G Networks Pushes Nokia to Loss

Battle for 5G Networks Pushes Nokia to Loss

29 Apr 2019 comment

Nokia reported an unexpected quarterly loss as it took an early hit in the battle to supply the next generation of mobile networks, according to Bloomberg.

Apple Face-Recognition Blamed by N.Y. Teen for False Arrest

Apple Face-Recognition Blamed by N.Y. Teen for False Arrest

28 Apr 2019 comment

A New York student sued Apple for $1 billion, claiming the company’s facial-recognition software falsely linked him to a series of thefts from Apple stores, according to Bloomberg.

Uber Aims for $84 Billion Valuation in Year's Largest IPO

Uber Aims for $84 Billion Valuation in Year's Largest IPO

28 Apr 2019 comment

Uber is seeking to raise as much as $9 billion in an initial public offering that could give the ride-hailing giant a market valuation of as much as $84 billion, according to Bloomberg.

Intel Acquires Omnitek, Strengthens FPGA Video and Vision Offering

Intel Acquires Omnitek, Strengthens FPGA Video and Vision Offering

28 Apr 2019 comment

Intel announced the acquisition of Omnitek, a provider of optimized video and vision FPGA IP solutions.

Leica Vows Legal Action Over Video That Fueled Backlash in China

Leica Vows Legal Action Over Video That Fueled Backlash in China

27 Apr 2019 comment

Leica said it had nothing to do with a promotional video that prompted a backlash against the company in China for partially focusing on the 1989 Tiananmen Square protests, according to Bloomberg.

Hrvatski Telekom Had Another Successful Quarter

Hrvatski Telekom Had Another Successful Quarter

27 Apr 2019 comment

Hrvatski Telekom, Croatia’s leading telecommunications provider, announces its unaudited consolidated results for the three months ended 31 March 2019.

U.K. Cybersecurity Agency Won't Tell Regulator About Breaches

U.K. Cybersecurity Agency Won't Tell Regulator About Breaches

27 Apr 2019 comment

The U.K.’s cybersecurity agency said it won’t automatically share information about data breaches with the country’s data privacy regulator, according to Bloomberg.

Intel Outlook Stokes Concern Server Gold Mine Has Lost Its Shine

Intel Outlook Stokes Concern Server Gold Mine Has Lost Its Shine

26 Apr 2019 comment

Intel signaled an end to a cloud server expansion that drove record revenue and profit, according to Bloomberg.

Facebook Strengthens Anti-Fake News Program Ahead of EU Elections

Facebook Strengthens Anti-Fake News Program Ahead of EU Elections

26 Apr 2019 comment

Ahead of the European Parliament Elections in May, Facebook has made fighting misinformation a top priority, the company said in the blog.

U.K. Said to Prepare Tougher Rules on Huawei, Avoid Full Ban

U.K. Said to Prepare Tougher Rules on Huawei, Avoid Full Ban

26 Apr 2019 comment

Britain is set to toughen the rules under which Huawei operates in the country while stopping short of an outright ban on the equipment maker, according to Bloomberg, citing people familiar with the matter.

Twitter Rallies as User Count and Sales Impress Wall Street

Twitter Rallies as User Count and Sales Impress Wall Street

25 Apr 2019 comment

Twitter topped first-quarter sales projections and reported strong user growth, bolstered by changes to its service that are drawing a wider audience, according to Bloomberg.