Samsung Electronics, on Tuesday, announced it has agreed to sell its fiber optics business to US glass panel supplier Corning. The financial terms of the deal were not made public. According to…
Category: Business
Microsoft bags mobile email startup Acompli
Microsoft has acquired mobile email app startup Acompli – a move that Microsoft claims is part of its efforts to provide provide with ways to accomplish more with their mobile devices. Rumors…
O2 acquisition by Three’s parent Hutchison Whampoa is ‘least likely’, Ronan Dunne says
O2 Chief Executive Ronan Dunne is of the opinion that the networks’ takeover by rival Hutchison Whampoa, parent company of Three, is the ‘least likely’ of all the possible acquisition bids in-line….
Suffering from password fatigue? Intel’s PasswordBox acquisition intends to cure it
Intel has acquired Canada-based online identity management company PasswordBox in a bid to bring relief to ever increasing issue of password fatigue that affects millions of Internet users. PasswordBox has developed a…
Weak Xbox One sales in Japan forces Takashi Sensui to resign
Microsoft may be boasting about great Xbox One sales, but there is at least one country where it won’t be able to claim that as according to reports Takashi Sensui, Xbox Japan…
UnionPay eyeing ‘Apple Pay’ rival ‘Android pay’ in China
New reports suggest Alibaba’s AliPay could soon face competition from new emerging rival ‘Android Pay’ in the mobile payments stream in China. According to a report on China Business News, China UnionPay,…
EE, BT involved in ‘highly preliminary exploratory discussions’
EE, one of UK’s leading mobile operators in UK, on Wednesday confirmed that its joint shareholders, Deutsche Telekom AG and Orange SA are currently involved in “highly preliminary exploratory discussions with BT”…
Sony to shift focus away from TV, smartphone business to more profitable divisions
It was Samsung which recently announced its plans of trimming down its smartphone offerings by 25 per cent to 30 per cent beginning next year and following the footsteps of the South…
US: EU’s antitrust probe on Google shouldn’t be politically motivated
The United States on Tuesday noted that it is against European Parliament’s call for splitting up Google’s search engine business from the rest of its commercial operations as it is of the…
Samsung Galaxy S5 fails to garner expected sales numbers
Samsung’s much-hyped Galaxy S5 smartphone failed to meet company’s expectations, selling 40 percent lower than expected. According to reports coming from the Wall Street Journal, Samsung managed to sell just 12 million…
BT in preliminary buyout talks with Telefónica over O2
BT intends to re-enter mobile network arena with a possible buyout of U.K. mobile operator O2 as it is aims to offer a single “quad-play” package of television, broadband, landline and mobile…
BT’s broadband monopoly having a negative impact on innovation claim UK telecom giants
Leading British telecom firms are jointly calling out broadband regulator Ofcom to curb BT’s business broadband market monopoly. The UK Competitive Telecommunications Association (UKCTA) wants Ofcom to let other companies lay their…
Apple lends a hand for global fight against AIDS
Apple on Sunday announced it has initiated a special campaign to support World AIDS Day 2014 which will see the Cupertino donating all global proceeds from its new Apps for (RED) section…
Samsung wants ITC to ban sale of Nvidia chips in the US
Samsung has reportedly filed a complaint with the U.S. International Trade Commission calling out for a ban on sale of Nvidia computer-graphics chips from reaching the American market shores. The battle between…
US federal judge approves Apple’s £262.7 million e-book settlement
A Federal U.S. judge on Friday approved Apple’s settlement appeal which would see the Cupertino shelling out up to £262.7 ($450) million to resolve claims of its conspiration with publishers to raise…