February 24, 2014 2:25 pm
According to three people with knowledge of the matter, Netflix Inc. has reached an agreement with Comcast Corp. to get a more direct access to the broadband network of the latter. This step aims to increase the speed of Netflixs services, as well improve their reliability. Yesterday the two companies made and official statement, announcing […]
Read moreFebruary 24, 2014 12:59 pm
The network-equipment manufacturer Alcatel-Lucent SA, which posted a profit last quarter for the first time in two years, forecast that it can win market share from its competitors without reducing prices. Alcatel-Lucent SA made an announcement, saying it has made a research and development collaboration with Intel Corp. The company also revealed that it is […]
Read moreFebruary 24, 2014 10:22 am
Microsoft Corp. said that it will hasten a push into mobile software field under the leadership of its new Chief Executive Officer Satya Nadella. The company revealed it is working in collaboration with hardware manufacturers and Qualcomm Inc. in order to develop cheaper handsets that are to be offered on emerging markets. Yesterday, Microsoft Corp. […]
Read moreFebruary 24, 2014 10:04 am
According to the Chief of the network-equipment business of Nokia Oyj, the company is now becoming more oriented towards increasing its sales collaboration with Juniper Networks Inc. The head of the division in question, however, said an eventual merger between the two companies was unlikely. The Chief Executive Officer of Nokia Solutions and Networks – […]
Read moreFebruary 24, 2014 8:45 am
People with knowledge of the matter reported that Microsoft Corp. plans to lower the price of Windows 8.1 for low-cost computers and tablets manufacturers by 70% in an attempt to overcome more affordable competitors such as Google Inc.s Chromebooks. The people familiar with the plans, who asked not to be identified because the more specific […]
Read moreFebruary 23, 2014 10:58 am
Shares of Genting Singapore Plc (GENS), the casino operator with the largest market capitalization in Southeast Asia, registered the largest drop since May, after the company announced earnings, which did not match experts expectations. Genting shares fell 4.6% to S$1.335, or the most considerable intraday loss in nine months. Companys stocks closed at S$1.36 in […]
Read moreFebruary 22, 2014 11:11 am
Apple Inc. announced on Friday that a major flaw in its mobile devices software made them susceptible to hacker attacks that could threaten email and other communications integrity. Moreover, experts warned that the companys Mac computers were even more unprotected. Matthew Green, a cryptography professor at Johns Hopkins University, said, cited by Reuters: “Its as […]
Read moreFebruary 21, 2014 3:26 pm
Vodafone Group Plc finalizes its biggest sale in 10 years today, leaving the wireless carrier about half of the size it was, as Vittorio Colao, the companys Chief Executive Officer, started working on a new strategy of expanding Vodafone Groups reach. Vodafones shareholders will be paid out 82.5 billion dollars after the company sells its […]
Read moreFebruary 21, 2014 1:54 pm
Kering SA announced that its Gucci luxury brand achieved the slowest quarterly sales growth in four years as a result of decreasing demand on the European and Chinese markets. Kering SA made an official statement today, announcing that the fourth-quarter comparable sales of the Gucci brand gained 0.2%, trailing analysts estimates of 0.8% growth. The […]
Read moreFebruary 21, 2014 12:50 pm
Samsung Electronics Co. plans to reveal a new high-end Galaxy phone next week. The situation, though, is quite different from the one met by the smartphone manufacturer when it presented the previous model of the device as the company now struggles to keep its leading position in a highly competitive industry. The company is expected […]
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