Business

EU Said to Search for Google Solution That Stands Test of Time

EU Said to Search for Google Solution That Stands Test of Time

25 Mar 2017 comment

The European Union is seeking to draft “future-proof” solutions for how Google might change its shopping search service, according to Bloomberg citing people familiar with the probe into the search-engine giant.

Toshiba Shares Climb After Effissimo Becomes Top Shareholder

Toshiba Shares Climb After Effissimo Becomes Top Shareholder

24 Mar 2017 comment

Toshiba’s shares jumped as much as 10 percent after a hedge fund disclosed that it had become the embattled conglomerate’s biggest shareholder, fueled by optimism that the company will be able to cope with a looming multibillion-dollar writedown from its Westinghouse nuclear-equipment business, according to Bloomberg.

Samsung Apologizes to Shareholders for Involvement in Scandals

Samsung Apologizes to Shareholders for Involvement in Scandals

24 Mar 2017 comment

Samsung apologized for its involvement in scandals that’ve led to the ouster of South Korea’s president and the recall of its Note 7 smartphones, pledging to improve governance in the face of pressure from investors, according to Bloomberg.

Struggling Music Service SoundCloud Raises $70 Million in Debt

Struggling Music Service SoundCloud Raises $70 Million in Debt

24 Mar 2017 comment

SoundCloud, the popular but financially struggling online music service, said it has received $70 million in debt to fund growth plans, according to Bloomberg.

ICT Security Conference 2017 Announced

ICT Security Conference 2017 Announced

24 Mar 2017 comment

The fourth international conference ICT Security 2017 will be held May 30-31, 2017 at the Hotel Crowne Plaza in Belgrade, Serbia. One of the most important events in the region that deals with advanced issues in information security is organized by eSecurity Association.

Samsung Shareholders Meeting Overshadowed by Trial

Samsung Shareholders Meeting Overshadowed by Trial

23 Mar 2017 comment

Samsung’s shareholders will be meeting for the first time since the arrest of de facto chief Jay Y. Lee, with questions looming over whether any changes to its corporate structure are in store, according to Bloomberg.

CeBIT Events in Key Growth Markets

CeBIT Events in Key Growth Markets

23 Mar 2017 comment

The CeBIT show in Hannover, Germany, is the world’s leading trade fair for the digitalization of the economy, society and government. It carries a powerful message that resonates with top-level IT industry decision-makers from around the globe.

Google Ad Crisis Spreads as Biggest Marketers Halt Spending

Google Ad Crisis Spreads as Biggest Marketers Halt Spending

23 Mar 2017 comment

Google’s advertising crisis went global after some of the biggest marketers, including AT&T and Johnson & Johnson, halted spending on YouTube and the internet company’s display network, citing concern their ads would run alongside offensive videos, according to Bloomberg.

Vancouver Eases Foreign Home Buyer Tax to Attract Tech Workers

Vancouver Eases Foreign Home Buyer Tax to Attract Tech Workers

23 Mar 2017 comment

British Columbia will exempt some immigrants from a 15 percent home buyers tax in a bid to ensure the Canadian province attracts skilled workers and entrepreneurs, according to Bloomberg.

Apple Unveils Cheapest iPad Yet and Special Edition Red iPhone

Apple Unveils Cheapest iPad Yet and Special Edition Red iPhone

22 Mar 2017 comment

Apple introduced a revamped version of its most popular-sized iPad at the cheapest price yet, and a shiny red iPhone 7, whose sales will help to combat AIDS, according to Bloomberg.

Google Overhauls Ads Policies After Uproar Over YouTube Videos

Google Overhauls Ads Policies After Uproar Over YouTube Videos

21 Mar 2017 comment

Google is giving marketers more control over their online ads after a slew of brands halted spending in the U.K. over concerns about offensive content, according to Bloomberg. The Alphabet unit also expanded its definition of hate speech under its advertising policy to include new protected groups.

Ant Financial Said Considering Higher Offer for MoneyGram

Ant Financial Said Considering Higher Offer for MoneyGram

21 Mar 2017 comment

Billionaire Jack Ma’s Ant Financial is considering whether to make a higher offer for MoneyGram, according to Bloomberg citing a person familiar with the negotiations, after the U.S. company said a smaller rival’s bid could be a better deal.

Waymo Alleges Former Engineer Plotted to Sell Secrets to Uber

Waymo Alleges Former Engineer Plotted to Sell Secrets to Uber

20 Mar 2017 comment

Alphabet 's Waymo alleged a former top self-driving car engineer plotted to sell trade secrets and talent to Uber, according to an updated lawsuit filed against the ride-sharing company.

CeBIT 2017: More than 3 thousands exhibitors from 70 countries

CeBIT 2017: More than 3 thousands exhibitors from 70 countries

19 Mar 2017 comment

CeBIT, that started in Hannover, Germany, will put the spotlight on the possibilities and opportunities of digitalization in an action-packed showcase themed "d!conomy – no limits". The five-day show will feature around 3,000 exhibitors from 70 nations, and attract some 200,000 visitors from around the globe.

Samsung to Shift Some Production of Home Appliances to U.S.

Samsung to Shift Some Production of Home Appliances to U.S.

19 Mar 2017 comment

Samsung is in preliminary talks to expand its manufacturing operations in the U.S. with a new facility for home appliances, according to Bloomberg. South Korean technology giant expects to spend at least $300 million on the project and is discussing the plans with at least five states, the Wall Street Journal reported.

Netflix Tries to Outdo Theaters

Netflix Tries to Outdo Theaters

19 Mar 2017 comment

Will Smith’s next movie, part cop flick, part sci-fi, has all the makings of a Hollywood blockbuster except one. When “Bright” is released later this year it’ll be playing on Netflix’s streaming service, not thousands of theater screens, according to Bloomberg.

Microsoft Adds LinkedIn Co-Founder Hoffman to Board of Directors

Microsoft Adds LinkedIn Co-Founder Hoffman to Board of Directors

19 Mar 2017 comment

Microsoft said LinkedIn Co-Founder Reid Hoffman will join the company’s board, three months after the world’s largest software maker acquired the corporate social network, according to Bloomberg.

Microsoft Teams Software Targets Big-Office Customers

Microsoft Teams Software Targets Big-Office Customers

18 Mar 2017 comment

Microsoft officially rolled out its Teams workplace-collaboration software, counting on integration with its ubiquitous Office and Outlook programs and partnerships with popular business software makers such as SAP to challenge Slack for big corporate customers, according to Bloomberg.

AR/VR Shipments in Central and Eastern Europe Surging 462.8% in 2016

AR/VR Shipments in Central and Eastern Europe Surging 462.8% in 2016

17 Mar 2017 comment

The Central and Eastern Europe (CEE) augmented reality and virtual reality (AR/VR) market recorded whopping 462.8% growth year on year in 2016, reaching 292,000 units.

Team of Croatian Data Scientists Won the First European Big Data Hackathon

Team of Croatian Data Scientists Won the First European Big Data Hackathon

17 Mar 2017 comment

The Croatian team, selected through a public call by the Central Bureau of Statistics, won the first place at the first European Big Data Hackathon, which was initiated by Eurostat and the European Commission. Among 22 national teams competing, both evaluation teams – for statistics and technology – were thrilled by the software solution that uses results of statistical surveys and publicly available data to provide insight into the characteristics of the labor market, i.e. shows a regional gap in the current skills of people seeking employment and needs of certain jobs across the EU.

Swatch Takes on Google and Apple With Watch Operating System

Swatch Takes on Google and Apple With Watch Operating System

17 Mar 2017 comment

Swatch Group said it’s developing an alternative to the iOS and Android operating systems for smartwatches as Switzerland’s largest maker of timepieces vies with Silicon Valley for control of consumers’ wrists, according to Bloomberg.

Oracle Tops Estimates in Third Quarter Revenue and Profit

Oracle Tops Estimates in Third Quarter Revenue and Profit

16 Mar 2017 comment

Oracle posted third-quarter revenue and profit that topped analysts’ estimates, signaling growing demand for their cloud-based services that compete with Amazon and Salesforce, according to Bloomberg. Profit before certain items was 69 cents a share, compared with an average estimate of 62 cents.

Russian Agents Accused by U.S. of Masterminding Yahoo Hack

Russian Agents Accused by U.S. of Masterminding Yahoo Hack

16 Mar 2017 comment

The U.S. government accused Russia of directing some of the world’s most notorious cybercriminals to break into computer systems, namely a half-billion accounts at Yahoo, in a broad scheme that married illicit profits and intelligence gathering, acording to Bloomberg.

Hacked Twitter Accounts Post Swastikas and Pro-Erdogan Content

Hacked Twitter Accounts Post Swastikas and Pro-Erdogan Content

16 Mar 2017 comment

As Dutch voters went to the polls yesterday, a swath of high-profile Twitter accounts have been hacked, with the attackers posting content supporting Turkish President Recep Tayyip Erdogan in his feud with Germany and the Netherlands, according to Bloomberg.

U.S. Charges Four People for Yahoo Hacking Including Two Russians

U.S. Charges Four People for Yahoo Hacking Including Two Russians

15 Mar 2017 comment

The U.S. charged four people, including two Russian intelligence officers, over the theft of hundreds of millions of accounts of Yahoo users from a computer breach that threatened to derail its acquisition by Verizon, according to Bloomberg.

Germany Threatens $53 Million Fine in Facebook Hate-Speech Bill

Germany Threatens $53 Million Fine in Facebook Hate-Speech Bill

15 Mar 2017 comment

Germany threatened to fine social networks as much as 50 million euros if they fail to give users the option to complain about hate speech and fake news or refuse to remove illegal content, according to Bloomberg.

Largest Data-Center Firm in Africa Raises $91 Million

Largest Data-Center Firm in Africa Raises $91 Million

15 Mar 2017 comment

Teraco Data Environments, which claims it is the largest provider of data-center services in Africa, said it raised 1.2 billion rand ($90 million) from South African lender Barclays Africa to invest in information-technology infrastructure on the continent, according to Bloomberg.

Pandora Launches Premium Subscription Tier

Pandora Launches Premium Subscription Tier

14 Mar 2017 comment

Pandora announced that Pandora Premium, its first ever on-demand streaming tier, launches this week. Invites for a free trial of Pandora Premium roll out to selected listeners on March 15 and an option to upgrade will be available to all listeners over the coming weeks.

MyTaxi Expands in U.K.

MyTaxi Expands in U.K.

14 Mar 2017 comment

MyTaxi is to begin converting London users of its acquired Hailo app to the German company’s smartphone software, as the unit of Daimler begins its fightback against Uber in the U.K. capital, according to Bloomberg.

Intel to Buy Mobileye for About $15 Billion

Intel to Buy Mobileye for About $15 Billion

14 Mar 2017 comment

Intel plans to buy Israel’s Mobileye for about $15 billion, its second-biggest acquisition and an expensive attempt to leapfrog rivals such as Qualcomm in technology for self-driving cars, according to Bloomberg.