Business

Tech Bubble Record About to Be Popped as Chip Stocks Rally

Tech Bubble Record About to Be Popped as Chip Stocks Rally

24 Nov 2017 comment

Chip stocks are poised to close in record territory after this year’s gains have pushed the Philadelphia Semiconductor Index back to levels not seen since the peak of the bubble more than 17 years ago, according to Bloomberg.

Ireland Blames Apple for Delays in Back Taxes Collection

Ireland Blames Apple for Delays in Back Taxes Collection

23 Nov 2017 comment

Ireland’s prime minister Leo Varadkar blamed Apple for delays in the collection of about 13 billion euros in back taxes Ireland has been ordered to gather from the company, according to Bloomberg. The European Commission sued Ireland in October for failing to collect the money quickly enough.

HP Revenue Beats Estimates as PC Maker Bucks Industry Declines

HP Revenue Beats Estimates as PC Maker Bucks Industry Declines

22 Nov 2017 comment

HP reported revenue that beat analysts’ estimates, with an industry-defying surge in personal-computer sales driving a fifth consecutive quarterly increase, according to Bloomberg.

Bitcoin Recovers to Set Record After Hack of Crypto Peer Tether

Bitcoin Recovers to Set Record After Hack of Crypto Peer Tether

22 Nov 2017 comment

Bitcoin hit a record high, shrugging off earlier losses posted after the $31 million theft of a cryptocurrency peer renewed concern about the security of digital coins, according to Bloomberg.

Uber Concealed Cyberattack That Exposed Data of 57 Million Customers

Uber Concealed Cyberattack That Exposed Data of 57 Million Customers

22 Nov 2017 comment

Hackers stole the personal data of 57 million customers and drivers from Uber, a massive breach that the company concealed for more than a year, according to Bloomberg. This week, the ride-hailing company ousted Joe Sullivan, chief security officer, and one of his deputies for their roles in keeping the hack under wraps.

Black Friday for GDPR

Black Friday for GDPR

22 Nov 2017 comment

This year Poslovna inteligencija, one of largest Croatian IT exporters, will make very special Black Friday offer. It is not usual to offer enterprise software with special Black Friday discounts, but Poslovna inteligencija will do just that – they are offering exclusive 50% discount on license and first year M&S if you order their new Consent Lifecycle Manager (CLM) platform on Friday November 24th.

Apple Park Visitor Center Opens to the Public

Apple Park Visitor Center Opens to the Public

21 Nov 2017 comment

The Apple Park Visitor Center opened in Cupertino Friday morning, welcoming neighbors and guests from surrounding areas to experience Apple Park’s innovations.

Qualcomm Investors Want Bump of $10 a Share From Broadcom

Qualcomm Investors Want Bump of $10 a Share From Broadcom

21 Nov 2017 comment

Qualcomm investors want at least $10 more than the $70-a-share Broadcom is offering. If history is any guide, they might get partway there, according to Bloomberg.

Bitcoin Hurtles Past $8,000

Bitcoin Hurtles Past $8,000

21 Nov 2017 comment

Bitcoin’s relentless and volatile rally shows no sign of abating, with the world’s largest cryptocurrency defying growing bubble fears to hit yet another milestone, according to Bloomberg.

Toshiba Seeks $5.4 Billion Cash Injection to Avoid Delisting

Toshiba Seeks $5.4 Billion Cash Injection to Avoid Delisting

20 Nov 2017 comment

Toshiba plans to sell shares to raise 600 billion yen ($5.4 billion) and will explore a divestment of its Westinghouse-related assets in a bid to avoid being removed from the Tokyo Stock Exchange, according to Bloomberg.

Vodafone Boosts Outlook as Data-Hungry Users Ditch Wi-Fi

Vodafone Boosts Outlook as Data-Hungry Users Ditch Wi-Fi

20 Nov 2017 comment

Vodafone reaped a payoff from its network build-out in Europe, taking the rare step of raising its profit forecast as customers choose costlier data plans, according to Bloomberg.

Deutsche Telekom Sells Data by Turning Clunkers Into Smart Cars

Deutsche Telekom Sells Data by Turning Clunkers Into Smart Cars

19 Nov 2017 comment

Deutsche Telekom has a new way to sell wireless contracts by turning regular cars into smart ones, according to Bloomberg.

Ethereum.com Domain Name Can Be Yours for About $10 Million

Ethereum.com Domain Name Can Be Yours for About $10 Million

19 Nov 2017 comment

The speculation in the internet site domain name market where may be just as rampant as cryptocurrencies, according to Bloomberg.

Bitcoin Rivals Multiply Amid Battle for Crypto Dominance

Bitcoin Rivals Multiply Amid Battle for Crypto Dominance

18 Nov 2017 comment

New iterations of the cryptocurrency are multiplying as disagreements over bitcoin’s design persist and opportunities for making a quick buck prove hard to pass up, according to Bloomberg.

Informatization of Olive Cultivation in Istria Started With Combis IT Platform

Informatization of Olive Cultivation in Istria Started With Combis IT Platform

18 Nov 2017 comment

The olive growing informatization project in Istria Region, which will be implemented with the help of Combis Olive Manager solution, was presented on Friday at the San Lorenzo Azrri oil mill in Vodnjan.

Retailers Starting to Realise How Much Telcos Could Improve Their Business

Retailers Starting to Realise How Much Telcos Could Improve Their Business

18 Nov 2017 comment

Retailers are slowly but surely becoming aware of telcos’ retail offerings and their expertise in creating connected stores and personalised shopping, according to GlobalData. BT has opened a store concept, for which it created the designer store brand Alexander Black that uses internet connected devices and interactive screens to drive engagement and understand customer behaviour and demand.

U.K. Committee Is Said to Invite Twitter to Face Lawmakers

U.K. Committee Is Said to Invite Twitter to Face Lawmakers

17 Nov 2017 comment

U.K. lawmakers are planning to invite representatives from Twitter to give oral evidence as part of the investigation into Russian influence in the country’s recent elections, according to Bloomberg.

Airbnb and Expedia Opt to Stay in Vancouver Under Restrictive Rules

Airbnb and Expedia Opt to Stay in Vancouver Under Restrictive Rules

17 Nov 2017 comment

Airbnb and Expedia’s HomeAway unit will continue to operate in Vancouver even as the city passes restrictive rules on short-term home rentals amid rising housing prices, according to Bloomberg.

Groupe PSA and Huawei Enter Global Partnership on Connected Cars

Groupe PSA and Huawei Enter Global Partnership on Connected Cars

17 Nov 2017 comment

Huawei has announced a long-term partnership with Groupe PSA, the largest car manufacturer in Europe with multiple brands under its umbrella, including Peugeot, Citroën, DS, and Opel, Vauxhall.

Qualcomm Said to Win EU Approval for NXP Deal by End of Year

Qualcomm Said to Win EU Approval for NXP Deal by End of Year

17 Nov 2017 comment

Qualcomm may win European Union approval for its takeover of NXP Semiconductors by the end of the year after striking a final deal with regulators on patent licensing issues, according to Bloomberg, citing people familiar with the review.

Apple Holds on to Tax Billions as Irish Set to Miss Deadline

Apple Holds on to Tax Billions as Irish Set to Miss Deadline

17 Nov 2017 comment

Ireland is set to miss a deadline to hire managers for Apple’s tax billions during an appeal of a European Union antitrust ruling, the latest delay in a saga that has dragged on for more than a year, according to Bloomberg.

Russians Hit U.K. Tech Firms With Cyber Attacks, Top Spy Says

Russians Hit U.K. Tech Firms With Cyber Attacks, Top Spy Says

16 Nov 2017 comment

Britain’s National Cyber Security Centre publicly confirmed for the first time that Russia has carried out internet assaults on major U.K. energy, technology and media companies, as tensions escalate over the Kremlin’s interference in Western democracies, according to Bloomberg.

Google Pays to Put Search Back on Firefox in U.S.

Google Pays to Put Search Back on Firefox in U.S.

16 Nov 2017 comment

Mozilla rolled out a major update to its Firefox web browser with a bevy of new features, and one old frenemy: Google, according to Bloomberg.

Lyft Rolls Into Toronto in First International Move Outside U.S.

Lyft Rolls Into Toronto in First International Move Outside U.S.

15 Nov 2017 comment

Lyft is expanding its ride-hailing services north of the border to Toronto, its first market outside of the U.S., according to Bloomberg.

Hon Hai Posts Biggest Earning Decline in Nine Years

Hon Hai Posts Biggest Earning Decline in Nine Years

15 Nov 2017 comment

Hon Hai posted its biggest earnings decline in almost nine years as technical hiccups disrupted production of Apple’s 10th-anniversary iPhone, according to Bloomberg.

Bitcoin is Still Wildly Volatile

Bitcoin is Still Wildly Volatile

14 Nov 2017 comment

After plunging as much as 29 percent from a record high following the cancellation of a technology upgrade on Nov. 8, the largest cryptocurrency came roaring back in early trading Monday before fluctuating between gains and losses, according to Bloomberg.

Qualcomm Shuns Broadcom, Sets Up $105 Billion Proxy Fight

Qualcomm Shuns Broadcom, Sets Up $105 Billion Proxy Fight

14 Nov 2017 comment

Qualcomm rejected Broadcom’s $105 billion acquisition offer, kicking off what would be the largest technology takeover battle in history, according to Bloomberg.

Alibaba Singles Day Goes Global With Record $25 Billion in Sales

Alibaba Singles Day Goes Global With Record $25 Billion in Sales

13 Nov 2017 comment

Alibaba’s Singles’ Day generated a record 168.2 billion yuan ($25.3 billion) in sales, as the e-commerce giant worked with more traditional retailers to market goods to shoppers from at least 225 countries and regions, according to Bloomberg.

Uber Approves SoftBank Multibillion-Dollar Investment Offer

Uber Approves SoftBank Multibillion-Dollar Investment Offer

13 Nov 2017 comment

Uber approved SoftBank’s offer to buy a multibillion-dollar stake in the ride-hailing company, setting the stage for one of the largest private startup deals ever, according to Bloomberg.

Cryptocurrencies Boost Nvidia Revenue

Cryptocurrencies Boost Nvidia Revenue

12 Nov 2017 comment

The growth of cryptocurrencies is boosting Nvidia’s revenue, but that’s not about to distract the California chipmaker, according to Bloomberg.