Sony and LG are among a glut of companies that have agreed to preload Microsoft Office onto future Android tablets. The Redmond-based firm announced that 20 global and local OEM partners will install Word, Excel, PowerPoint, Skype, OneNote and OneDrive onto new tablets that will be ready to create Office content straight out of the box. It means that the total number of partners is up to 31 after it
(Reuters) – The cost of data breaches is rising for companies around the world as sophisticated thieves target valuable financial and medical records, according to a study released on Wednesday. The total average cost of a data breach is now $3.8 million, up from $3.5 million a year ago, according to a study by data security research organization Ponemon Institute, paid for by International Business Machines Corp. The direct costs
By Leila Abboud PARIS (Reuters) – Patrick Drahi, the billionaire owner of European telecoms group Altice, said he didn’t bid for Time Warner Cable because his company lacked management resources to digest such a big deal in a market it had only recently entered. “I didn’t follow up on the exchanges we had on Time Warner Cable (TWC) that were mentioned in the media because we were not ready,” Drahi
HELSINKI (Reuters) – Nokia is buying U.S. company Eden Rock Communications to boost its offering in its mainstay telecoms network equipment business, the Finnish company said on Wednesday. Nokia did not disclose the value of the deal but said the transaction is expected to be completed in the third quarter of the year. Nokia said Eden’s products provide automation, performance improvements and reliability to mobile broadband networks. (Reporting By Jussi
By Sue-Lin Wong SHANGHAI (Reuters) – Despite being blocked in China, Twitter is courting Chinese companies to buy advertising space on its service used by more than 300 million people elsewhere in the world. “It’s not a coincidence that we are here now,” Peter Greenberger, director of sales for emerging markets at Twitter, told Reuters on Tuesday. “This seems to be a moment in time where Chinese corporations really feel
Chinese microblog Weibo Corp will invest $142 million in China’s dominant taxi-hailing firms Didi Taxi and Kuaidi Taxi, a U.S. Securities and Exchange Commission filing showed. Weibo said in the filing on Tuesday that it had agreed to invest in the two Chinese companies in the latest round of financing through its Cayman Islands holding company Xiaoju Kuaizhi Inc, a move that will help lure in riders and fend off
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As Fed officials try to ease Wall Street into the rate-hiking process, it’s really the generous credit markets that hold the key for stocks.
Carl Icahn’s widely dissected bull case on Apple overlooks one key assumption: a dovish Janet Yellen continuing to delay a rate increase.
Snapchat’s young CEO Evan Spiegel said that years of near-zero interest rates have led people to make “riskier investments” than they otherwise would.
