Management

Gemalto CEO Promises Growth

Gemalto CEO Promises Growth

9 Nov 2016 comment

Security software-maker Gemalto Chief Executive Officer Philippe Vallee says sales growth will accelerate as soon as this quarter and business prospects are good for the longer-term, calling on investors to move past a profit warning that has sent shares down 15 percent in just over a week, according to Bloomberg.

Ballmer Says Smartphones Broke His Relationship With Gates

Ballmer Says Smartphones Broke His Relationship With Gates

4 Nov 2016 comment

Steve Ballmer said that his decision to push Microsoft into the hardware business contributed to the breakdown of his relationship with longtime friend and company co-founder Bill Gates, according to Bloomberg. Ballmer's only regret: not doing it sooner.

Alibaba Starts New Media Group With $1.5 Billion Fund

Alibaba Starts New Media Group With $1.5 Billion Fund

1 Nov 2016 comment

Alibaba is stepping up investments in the entertainment industry with the formation of a new media group along with a fund of more than 10 billion yuan ($1.48 billion) for new projects, according to Bloomberg. The change consolidates the Chinese e-commerce giant’s media empire into the Alibaba Digital Media and Entertainment Group, which will include video website Youku Tudou, web browser UCWeb, Alibaba Pictures Group Ltd. and the company’s gaming, literature, music and digital business units.

The New Standard for Keeping Millennials Happy at Work

The New Standard for Keeping Millennials Happy at Work

30 Oct 2016 comment

A strong pat on the back and a reassuring word no longer cuts it when it comes to keeping millennials happy at work, according to Bloomberg. More than three-quarters of U.K. workers age 18 to 24 say company perks are crucial to their job satisfaction, according to a survey released this week by Perkbox, a company that sells employee gifts.

Nintendo President has Bigger Plans for Switch

Nintendo President has Bigger Plans for Switch

29 Oct 2016 comment

Nintendo’s new gaming console Switch is part of a bigger plan that will include more accessories, a deeper lineup of software and possible tie-ups with other technologies, according to Bloomberg. In his first interview since unveiling the brand-new flagship product, President Tatsumi Kimishima said details about add-ons will be available in the new year.

Twitter Plans More Job Cuts as Soon as This Week

Twitter Plans More Job Cuts as Soon as This Week

25 Oct 2016 comment

According to Bloomberg, Twitter is planning widespread job cuts, to be announced as soon as this week, said people familiar with the matter. The company may cut about 8 percent of the workforce, or about 300 people, the same percentage it did last year when co-founder Jack Dorsey took over as chief executive officer, the people said. Planning for the cuts is still fluid and the number could change, they added. The people asked not to be identified talking about private company plans.

Ericsson’s Top Shareholder Says CEO Search is Main Priority

Ericsson’s Top Shareholder Says CEO Search is Main Priority

20 Oct 2016 comment

Ericsson’s biggest shareholder is throwing its weight behind calls to find a new chief executive officer for the Swedish network equipment maker, according to Bloomberg. Company, that has been run by its chief financial officer since Hans Vestberg was fired from the top job in July, has delivered its owners a series of blows in recent months.

Tesla and SolarCity Shareholders to Vote on Merger on Nov. 17

Tesla and SolarCity Shareholders to Vote on Merger on Nov. 17

14 Oct 2016 comment

Tesla Motors and SolarCity shareholders will vote on their proposed merger at a pair of special meetings on Nov. 17, the companies said in a regulatory filing, according to Bloomberg.

Redknapp: Changes Bring New Opportunities

Redknapp: Changes Bring New Opportunities

14 Oct 2016 comment

Renowned football manager congratulated COMBIS on its ten conference years and 25 years of company existence, and COMBIS Conference public advised to never stop learning and proving itself.

Samsung Cuts Profit Outlook by $2.3 Billion

Samsung Cuts Profit Outlook by $2.3 Billion

12 Oct 2016 comment

Samsung cut its third-quarter operating profit outlook by $2.3 billion after ending production of its fire-prone Galaxy Note 7 smartphones. According to Bloomberg it is the first sign of how much the crisis will cost South Korea’s largest company.

Mono: A Success Story From Eastern Croatia

Mono: A Success Story From Eastern Croatia

7 Oct 2016 comment

Searching for innovative and thriving software companies in Croatia we went to the east of the country, to Osijek, where we met Denis Sušac, CEO of Mono, one of most recognized small Croatian developing companies.

Digital signature in the cloud for online service agreements

Digital signature in the cloud for online service agreements

7 Oct 2016 comment

Zagrebačka banka has become the first private issuer of qualified certificates used in the generation of the advanced electronic signatures in Croatia, and thus made a huge step on the national, or even regional, finance market, by enabling completely electronic service agreements with its clients.

Digitalization is a great challenge

Digitalization is a great challenge

5 Oct 2016 comment

Cloud story is not everything or nothing, and there are no rules that can apply to all businesses, said in the interview for ICTbusiness.biz Mario Vojvoda member of the Board of Combis, one of the biggest Croatian system integrators owned by Hrvatski Telekom.

Ericsson to Cut 3,000 Jobs in Sweden

Ericsson to Cut 3,000 Jobs in Sweden

5 Oct 2016 comment

According to Bloomberg Ericsson plans to cut 3,000 jobs in Sweden, a fifth of the workforce in its home country, as it curbs production to cope with shifting technology and stagnant demand for wireless-network equipment.

Digital Transformation is a Must Have for Every Company

Digital Transformation is a Must Have for Every Company

4 Oct 2016 comment

Today many managers and organizations are talking about digital transformation. A digital transformation strategy must be based upon on Purpose, Values, and People, but basically, it is the changes associated with the application of digital technology in all aspects of human society. About digital transformation, we talked with Ira Kaufman, a professor at Lynchburg College School of Business and Economics. Professor Kaufman is the author of the program Digital leadership for digital transformation.

Microsoft’s Push to Win European Cloud Customers

Microsoft’s Push to Win European Cloud Customers

3 Oct 2016 comment

Microsoft has spent more than $3 billion building up its cloud infrastructure in Europe, including $1 billion in the past year, according to Bloomberg. Company Chief Executive Officer Satya Nadella focuses on winning customers over rivals such as Amazon and Google.

Google raise interest in bid for Twitter

Google raise interest in bid for Twitter

2 Oct 2016 comment

Google is working with a financial adviser to consider a potential bid for Twitter Inc., as the social-media company continues to explore a sale, according to a person familiar with the arrangement, according to Bloomberg.

Google Combines Cloud and Corporate Software Offerings

Google Combines Cloud and Corporate Software Offerings

1 Oct 2016 comment

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.

Telefonica's Rush to Save Telxius IPO

Telefonica's Rush to Save Telxius IPO

30 Sep 2016 comment

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.

Intel Appoints Bob Swan Executive Vice President and Chief Financial Officer

Intel Appoints Bob Swan Executive Vice President and Chief Financial Officer

20 Sep 2016 comment

Intel Corporation announced the appointment of Robert “Bob” H. Swan as executive vice president and chief financial officer (CFO), effective Oct. 10, 2016. Swan will report to Intel CEO Brian Krzanich and oversee Intel’s global finance and IT organizations, as well as the Corporate Strategy Office. He replaces Stacy Smith, who, as previously announced, is taking a broader role within Intel leading manufacturing, sales and operations. Smith served nine years as Intel’s CFO.

Fintech AI revenue to grow 960% by 2021 according

Fintech AI revenue to grow 960% by 2021 according

3 Sep 2016 comment

Fintech platform revenues for unsecured consumer loans issued using machine learning technology are set to see a jump of 960% during the period 2016-2021, rising to $17 billion globally in the latter forecast year, found in new Juniper Research. According to their Juniper analysts this rise is mainly driven by advances in analytics and accessible computing power.