Tag "3"
By Harro Ten Wolde FRANKFURT (Reuters) – Apple Inc has acquired Metaio, a German company whose software melds the physical world and computer-generated elements into video displays, according to a corporate filing that surfaced on Thursday. It is found in virtual product showrooms and in manuals by retailers such as IKEA [IKEA.UL]. It differs from virtual reality, which replaces real-world views with more or less completely simulated ones.
French media group Vivendi said on Friday it would book a 4.2 billion euro ($4.6 billion) pre-tax gain from the sale of Brazilian telecommunications company GVT, which would help it pay interim dividends. The company said it had also received a 12 percent stake in Telefonica Brazil’s Vivo and would exchange 4.5 percent for 8.3 percent of Telecom Italia’s ordinary shares in the coming weeks. “The closing of the sale
By Atul Prakash LONDON (Reuters) – When Noa Strijbos picks a financial asset to trade on her smartphone while taking her dog for a walk, almost 26,000 people pay close attention. The 30-year-old Dutchwoman is among the top-ranked traders on eToro.com, one of several mobile apps and websites that allow budding investors to copy the most successful trades out there rather than come up with their own. About 25,900 people
U.S. data center company Equinix Inc said on Friday it had agreed to buy British peer Telecity Group in a deal worth 2.35 billion pounds ($3.6 billion) which ends Telecity’s pursuit of smaller Dutch firm Interxion Holding NV . Telecity, which runs some of the huge computer centers which process traffic on the Internet, said in a statement its board had recommended Equinix’s offer, and as such it was terminating
Intel Corp has resumed negotiations to buy smaller chip maker Altera Corp and is close to a $15 billion acquisition agreement, a person familiar with the matter said on Friday. The New York Post, which reported on the deal’s status earlier, said the price for Altera could be $54 per share, a 15 percent premium over its Thursday closing price of $46.97. Altera shares were up 4.2 percent at $48.96
The government on Friday slashed its gross domestic product estimate to show it shrinking at a 0.7 percent annual rate instead of the 0.2 percent growth pace it estimated last month. There was also a modest downward revision to consumer spending.
After Dick Fuld’s first public speech since the crisis, this PR guy had one thing to say: Don’t call it a comeback.
The biggest U.S. exchange-traded fund that tracks oil is heading for the largest two-month outflow in six years, raising concern that crude’s 30 percent rally may stall.
Therapy is known as the talking cure. But if the New York-based tech startup Talkspace has its way, therapy will also become known as the texting cure. The company scored a round of $9.5 million in funding earlier this month from investors who have backed companies like Twitter (TWTR) and Tumblr (YHOO). We sit down with the co-founders and talk to other psychology professionals to talk about the business and
How to invest in China: 5 myths investors should ignore