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EU watchdog to give detail on Apple and Fiat tax investigations
News ImageBy Barbara Lewis and Adrian Croft BRUSSELS (Reuters) - European Union regulators will provide more details on Tuesday of their reasons for launching in-depth inquiries into tax arrangements reached by Ireland with Apple and by Luxembourg with a Fiat subsidiary. The European Commission has launched a similar investigation into the Dutch government's tax treatment of Starbucks, but details of that will be published later, Antoine Colombani, spokesman for European Union Competition Commissioner Joaquin Almunia, told reporters. ...
Mon, 29 Sep 2014 09:42:37 -0400
Lenovo says $2.1 billion IBM x86 server deal to close on Wednesday
News ImageBy Gerry Shih BEIJING (Reuters) - Lenovo Group Ltd will close its acquisition of International Business Machines Corp's (IBM) x86 server division on Oct 1 for $2.1 billion, giving the Chinese tech firm the firepower to win business clients from U.S. rivals. The closing purchase price is lower than the $2.3 billion announced in January because of a change in the valuation of inventory and deferred revenue liability, Lenovo said. Roughly $1.8 billion will be paid in cash and the remainder in stock. ...
Mon, 29 Sep 2014 03:11:35 -0400
Alibaba finance arm, Juneyao airline both get private bank approval
News ImageBEIJING/SHANGHAI (Reuters) - Alibaba Group Holding Ltd's finance arm has been given government approval to set up a private bank, China's banking regulator said on Monday, the latest step in the e-commerce company's push into the financial services sector. Zhejiang Ant Small & Micro Financial Services Group, an Alibaba affiliate that contains the company's Alipay payment processing and financial services arm, will hold 30 percent of the bank, the regulator said. Other partners will hold the remainder. ...
Mon, 29 Sep 2014 05:18:07 -0400
BMW launches automated driving project in China with Baidu
News ImageFRANKFURT (Reuters) - German luxury carmaker BMW is teaming up with Chinese internet giant Baidu to start highly automated driving trials in Beijing and Shanghai. BMW research vehicles capable of highly automated driving have already undergone thousands of kilometers of trials on German autobahns. The project will now be expanded to include other large cities in China, BMW said on Monday. "BMW is embarking on a further research project which will pave the way for highly automated driving in China as well," the Munich-based automaker said in a statement. ...
Mon, 29 Sep 2014 06:49:03 -0400
Norwegian Instagram rival to launch child safe tablet with Microsoft
OSLO (Reuters) - Kuddle, a Norwegian picture sharing app designed for children, plans to launch a child safe tablet with Microsoft on Dec 1, and expects to sign funding deals with several venture capital firms within weeks, its chief executive said on Monday. The Oslo-based company said it was on track to reach its goal of one million users by year-end and plans to soon raise another $5 million of fresh funds on top of the nearly $6 million it has already raised. ... Mon, 29 Sep 2014 07:10:00 -0400
Nokia says not liable in Mexico damages ruling on former unit
News ImageMEXICO CITY (Reuters) - Finland's Nokia said on Monday the liabilities of its former unit Nokia Mexico S.A. de C.V. were now held by Microsoft Corp, responding to a Mexican court ruling that Nokia Mexico would have to pay damages for faulty equipment. "Microsoft acquired Nokia Mexico S.A. de C.V. as part of its acquisition of the former Nokia Devices & Services business, including any liabilities to customers," a Nokia spokesman said, explaining that Nokia was not liable in the Mexico case. ...
Mon, 29 Sep 2014 16:38:57 -0400
iPhone 6 and iPhone 6 Plus officially on sale in China starting October 17th
News ImageApple is bringing the iPhone 6 and iPhone 6 Plus to Chinaon October 17th. The company today confirmed that its newest smartphones will be available through Apple's website, its own stores, and an "expansive network" of Chinese retailers, and that Chinese customers ordering through Apple's website will be able to pre-order the new iPhone models from October 10th. The new iPhones will support TD-LTE and FDD-LTE networks operated by China Mobile, China Telecom and China Unicom.
Tue, 30 Sep 2014 01:34:17 -0400
iPhone 6 approved for sale in China
News ImageApple's iPhone 6 has been approved for sales in China, according to Reuters. The company was issued a license by the country's Ministry of Industry and Information Technology (MIIT) after addressing a number of potential security risks pertaining to diagnostic tools and possible personal data leaks. Reuters writes that MIIT conducted "rigorous security testing" on the iPhone 6, which industry analysts believe will be positively received given the nation's growing interest in large-screen smartphones. IDC China's Managing Director Kitty Fok attributes this in part todemand from China's less developed cities where such devices often function as the primary form of digital communication and entertainment.
Tue, 30 Sep 2014 00:53:41 -0400
Leading ladies of gaming celebrated on Humble Bundle
News ImagePay what you want for games like Lilly Looking Through, Ms. Splosion Man and The Cat Lady with female protagonists and help raise money for the Girls Make Games scholarship fund.&>
Tue, 30 Sep 2014 00:27:52 -0400
How GoPro Is Redefining Brand Immersion in Today's Tech Drenched World
News ImageAs the web morphs to a more visual medium, creative storytelling is moving front and center as way for brands to build engagement and virality.GoPro is leading the way, which you would expect with a lifestyle product used to record every conceivable type of physical activity anywhere and anytime.They've done a wonderful job with "GoPro: Lions...
Tue, 30 Sep 2014 00:07:09 -0400
JD Power just released its cable customer satisfaction ratings guess who ranked dead last?
News ImageThree things are certain in life: Death, taxes, and low customer satisfaction ratings for Comcast and Time Warner Cable. DSLReports points out that the cable industrys non-dynamic duo have come in last place in JD Powers latest customer satisfaction survey of cable customers. RELATED: Massive survey finds Comcast and TWC are the two most hated companies in America period Although cable companies as a whole have always had poor customer satisfaction, Comcast and Time Warner Cable have distinguished themselves over the years as truly being the very worst of the worst. Comcast in particular this past summer got routinely humiliated after several customers recorded their phone callswith its customer service representatives and posted them on the Internet. Comcast has,
Tue, 30 Sep 2014 00:04:48 -0400
No black art to the Blackphone's quest for smartphone privacy
News ImageWhile the Blackphone is off to a lukewarm start, our hands-on with the privacy-protective, Android-based smartphone finds that it simplifies staying safe on the go.&>
Tue, 30 Sep 2014 00:00:03 -0400
Netflix hits Hollywood with roundhouse kick to solar plexus
News ImageThe world's biggest subscription video service gets first crack at streaming "Crouching Tiger" sequel along with selected theaters when it simultaneously debuts in selected IMAX theaters Aug. 28, 2015.&>
Mon, 29 Sep 2014 23:53:46 -0400
Apple is showing off its watch to the public in Paris for just one day
News ImageWhen Apple debuted its watchearlier this month, it was keen to invite fashion bloggers and the press. Now it's letting anyone see it, as long as they're in Paris today and don't mind staring at it through glass.The company is showing off its watch at fashion store Colette in Paris, marking the first time it's being shown off to the public since an invite-only event Apple held in Cupertino a few weeks ago. The watches are behind window displays that went up overnight, though people can get a closer look at them on the inside of the store from 11 AM to 7 PM local time.
Mon, 29 Sep 2014 23:48:24 -0400
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