OTHER NEWS

by menarate
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Apple Inc has addressed claims that say the performance of older phones is slowed down by the iPhone maker deliberately. It was suspected that the company is trying to force customers to upgrade their phones by making their old phones run slower.

by Ahmed
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$15,000 cash prizes for 3 broadcasters                         

SWOOperstar Week 3 Winners announced

  • Live streaming mobile platform SWOO unveiled its 3rd week winners
  • Maii Abdelhady from Egypt bagged first place, has won 10,000 USD

25 December 2017- As it continues to offer unique experience to its end users and bring on high quality and engaging live stream broadcasts to the fore, SWOO, a livestreaming mobile platform, unveiled 3rd week winners for its competition themed SWOOperstar 2017, this Monday, December 25.

by menarate
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Today almost none of us can imagine a life without gadgets. Smartphones, laptops and tablets make our life easier and bring fun. Unfortunately using of them gives not only advantages. Besides social problems caused by gadgets addiction, some previously rare or even unknown syndromes and disorders have appeared. Here you can find description of the most common ones and some tips. 

by menarate
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In the beginning of November Broadcom Corporation, an American fabless semiconductor company has offered $103 billion for purchase of Qualcomm – a pioneer in mobile phone chips, supplying so-called modem chips to phone makers such as Samsung, LG and Apple. Broadcom made its unsolicited bid in order to become the dominant supplier of chips around the world. Mobile chipmaker rejected the offer declaring that the company was “significantly” undervalued. Broadcom was not reached for comment.

by menarate
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Seems that Windows Phone era is over. Microsoft has ended support for Windows Phone 8.1 three years from its debut in April 2014. From now on, Windows phone devices will not get software updates and technical help.

by menarate
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Apple is continuing its aggressive expansion of Apple Pay with the addition of four new countries: Sweden, Finland, Denmark and the United Arab Emirates.

#M&A
by menarate
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1. April 2012: Facebook purchases Instagram for $1 billion

Acquisition of Instagram by Facebook five years ago was not surprising – for some time before Facebook had been working on a standalone photo app. Although the price was widely derided because of low revenue of Instagram, the deal has paid off. Now Instagram has 700 million users (while it has only 30 million before the deal). The launch of Stories in Instagram – actually a Snapchat clone, was successful enough to stop Snapchat’s user growth. Reportedly, Snap CEO Evan Spiegel declined a $3 billion offer from Facebook in 2013.

#M&A
by menarate
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he deal concluded in 2000 between AOL and Time Warner Inc is considered the worst merger not only in the history of tech but also across the entire business world. $165 billion deal described as the “largest merger in American business history”. Two media giants were driven by the idea that the combined business would benefit from cooperation in technological infrastructure. The merger was proposed to give Time Warner the ability to digitise its content and grip a new online audience, AOL in return wanted access to Time Warner’s cable systems, and additional content to provide to its 27 million subscribers (40% of total US online subscribers). However in two years the merger resulted in a net loss of $99 billion, Time Warner Chief Jeff Bawkes described it as “the Biggest Mistake in Corporate History”, which ended with the separation of the two companies in 2009 substantially poorer than before the merger, and in 2015 Verizon bought AOL for $4.40 billion.

by menarate
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On August 30, 2017 new CEO has been introduced to Uber, what marks the end of a search that lasted more than two months. After a number of debates of Uber’s board of directors, former Expedia CEO Dara Khosrowshahi has taken this position. Although he is going to continue to serve on Expedia’s board of directors. He called the job the “opportunity of a lifetime” and he is expected to bring the company to the new level.

The owner of British luxury phone maker Vertu was unable to save the company from bankruptcy. The firm’s £128 million debt could not be covered by £1.9 million offered by its current owner Murat Hakan Uzan. Uzan bought the company in March, after it had been sold and re-sold by a number of investment companies with a hope to get the production up and running. As we may see, he did not succeed in this. Expectedly nearly 200 jobs at the manufacturing facility of Vertu in Hampshire will be lost as a result of the company’s liquidation. Сoncierge service, which gave Vertu phone owners 24-hour support was also suspended. According to the information on the website of the company, now it is focused “on developing completely new next generation suite of services, exclusively for our customers”. The new services are planned to be launched from September 2017.