January 27, 2014 2:08 pm
Ericsson AB and Samsung Electronics Co. announced that they managed to settle their patent dispute and made a deal over wireless technology in smartphones, televisions, tablets and Blu-Ray disk players. The agreement between the two companies is multi-year and cross-licensing, and relates to GSM, UMTS and LTE standards for networks and handsets. The contract is […]
Read moreJanuary 27, 2014 12:21 pm
BG Group Plc became the second oil and gas producer to issue a profit warning this month. The company, which operates as an integrated natural gas company and explores, develops, produces liquefies and markets hydrocarbons with a focus on natural gas, officially announced that its earnings for 2013 would be lower than the initially expected […]
Read moreJanuary 27, 2014 12:00 pm
Two people with information of the matter, said that Vodafone Group Plc is currently negotiating with Grupo Corporative ONO SA. The mobile telecommunications company is said to be seeking to acquire the Spanish cable operator, as it is preparing for an initial public offering. One of the people with knowledge of the process, who asked […]
Read moreJanuary 27, 2014 9:40 am
AT&T officially announced that it does not have any plans of making an offer for Vodafone Group Plc. This announcement was made in a statement to the U.K. Authorities, which prohibits the second-largest wireless carrier in the U.S. to make a takeover bid in the next six months. AT&T is a communications holding company, which […]
Read moreJanuary 27, 2014 8:44 am
Google Inc. and Samsung Electronics Co. Ltd have made their partnership stronger thanks to wide-ranging patent licensing agreement. The agreement is to be signed considering the intellectual property battles with some smartphone competitors such as Apple Inc., which have recently become more intense. As reported by the Financial Times, the deputy General Counsel for patents […]
Read moreJanuary 27, 2014 8:37 am
Google has made its largest European acquisition yet with the purchase of DeepMind, an artificial intelligence start-up based in London. Technology news website Re/code, which reported news of the deal earlier, said the price was $400 million, without disclosing the source of the information. DeepMind was operating in a secretive “stealth mode” before it had […]
Read moreJanuary 26, 2014 10:48 am
Fiats CEO Sergio Marchionne considers New York Stock Exchange to be the primary market for shares of the company created from a merger with Chrysler Group LLC, people familiar with the matter said. Sergio Marchionnes proposal would mirror the direction taken last year by Fiats sister company, CNH Industrial, of which hes chairman. It would […]
Read moreJanuary 25, 2014 10:15 am
US stocks fell for the week, pushing benchmark indexes their biggest losses since 2012, as signs of industrial weakness in China spurred concern that global growth would tumble. The S&P 500 fell 2.6% to 1,790.29 over the four trading days, posting its largest decrease since June 2012 and adding losses for second straight week. The […]
Read moreJanuary 22, 2014 9:18 am
US stocks closed mixed as the latest batch of earnings news didnt manage to give the market a fresh sense of direction. The S&P 500 index added 5.10 points, or 0.28%, to 1843.80, with utilities and materials shares leading gains in eight of 10 sector groups. That reversed an earlier loss of as much as […]
Read moreJanuary 22, 2014 8:23 am
Amazon.com Inc., which is known as the largest online retailer in the world, has began a rights acquisition campaign towards the media companies in the U.S. The people, who asked not to be named because the negotiations are still not public, said that the company is reaching for an online pay-television service, which would help […]
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