Snapchat has begun preparing filings for an initial public offering and is aiming to sell shares in the first quarter of next year, according to people familiar with the matter, according to Bloomberg.
According to Bloomberg Lenovo Group is in talks with Fujitsu to merge their personal-computer businesses, with the Chinese manufacturer taking a majority stake in the venture, a person with knowledge of the matter said.
Google has reportedly pulled out of the potential bidding war for Twitter, causing the micro-blogging firm’s stock to dip as much as 15 percent in premarket trading today. Disney and Apple have also stepped out of the running, if, indeed either company was ever interested in the first place. Many of the reports floating around are based on speculation and unnamed sources.
For the second year in a row, Intel Corporation has increased its brand value by 4 percent and is ranked 14th on Interbrand’s 2016 Best Global Brands list. Interbrand’s annual ranking identifies the 100 best global brands by analyzing the many ways a brand benefits an organization.
Users and business digital footprint have expanded beyond the PC. Today they are looking for an all-in-one solution that they can trust and which integrates all business applications from on-premise to the cloud; hybrid cloud, object storage, active archives, said John Zanni, Acronis CMO.
More than two years ago, Amazon Chief Executive Officer Jeff Bezos spoke on 60 Minutes about delivering goods to homes with unmanned aircraft, or drones. But a little startup near Reno beat Amazon to the punch, according to Bloomberg.
Tisak has made an important step forward in the logistics segment by opening its new and modern logistics distribution centre in u Sveta Nedelja. A total of 40,000 m² of warehouse space and 20,000 pallet spaces have enabled Tisak a sound base for implementing and launching its new logistics service entitled - TEX logistika.
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.
Salesforce is buying marketing-software startup Krux in a cash-and-stock deal estimated at about $700 million, the latest acquisition in a strategy to expand its products against growing competition from bigger rivals, according to Bloomberg.
IBM unveiled a $200 million USD investment in the new global headquarters for its Watson Internet of Things (IoT) business in Munich, new IoT capabilities around Blockchain and security and an array of clients that are driving real outcomes by using Watson IoT technologies to draw insights from billions of sensors embedded in machines, cars, drones, ball bearings, pieces of equipment and even hospitals.
Facebook has launched a new service to pit itself against online classified advertising services such as eBay and Craigslist. Known as Marketplace, the new Facebook service offers a new place to buy and sell items within your community.
IBM announced plans to acquire Promontory Financial Group, a global market-leading risk management and regulatory compliance consulting firm. Upon close, the capabilities of Promontory combined with IBM's deep industry expertise and Watson’s cognitive capabilities will directly address the massive operational effort and manual cost of escalating regulation and risk management requirements.
After failing with an initial public offering of its infrastructure unit, Telefonica SA is likely to test investors’ appetite again with the sale of its U.K. mobile-phone business, only this time with a possible twist, according to Bloomberg.
Apple Inc. and Ireland are preparing appeals to argue that European Union competition investigators unfairly kept them in the dark during a probe that ended in a record 13 billion-euro ($14.6 billion) tax bill, people with knowledge of their case say, according to Bloomberg.
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.
More than $1 trillion in IT spending will be directly or indirectly affected by the shift to cloud during the next five years, said Gartner. According to the new analysis this will make cloud computing one of the most disruptive forces of IT spending since the early days of the digital age.
Online web shop Abrakadabra.com, part of the biggest retailer in the region Agrokor, just starts to sell books online. With as many as 25 000 titles, in ti’s web shop, Abrakadabra.com everyone can find a book for themselves and others. Books are delivered free of charge to Tisak newsstands and Paketomats anywhere in Croatia. You can choose to pay with any credit card without interest, while you collect points on your MultiPlusCard with every purchase.
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.
Careem FZ, a ride-sharing service that competes with Uber Technologies Inc. in the Middle East, is seeking as much as $500 million in new funding, according to people familiar with the matter, according to Bloomberg.
Samsung Electronics Co. apologized to Chinese customers after new complaints about combusting Note 7 smartphones spurred doubts about their safety, as outrage grows over its decision to exclude the country from a global recall, according to Bloomberg.
Bloomberg reports that Indonesian tax officials raided Google Inc.’s Jakarta office seeking data to back its allegations of unpaid taxes as the government steps up efforts to earn more revenue from internet companies, according to Bloomberg.
A newly published update to the Worldwide Semiannual IT Spending Guide: Vertical and Company Size from International Data Corporation (IDC) finds that worldwide revenues for information technology products and services will grow from nearly $2.4 trillion in 2016 to more than $2.7 trillion in 2020. This represents a compound annual growth rate (CAGR) of 3.3% for the 2015-2020 forecast period.
According to new IDC research worldwide spending on 3D printers will top 35,4 billion USD in 2020. This is more than double the $15.9 billion in revenues forecast for 2016 and represents a compound annual growth rate (CAGR) of 24.1% over the 2015-2020 forecast period.