Apple has confirmed it will buy Beats Electronics in a $3 billion deal designed to help it stay on top in the fast-changing music business.
News, Software
UAE CIOs rank cloud as a top investment priority
With 85 percent of UAE CIOs ranking cloud as their top investment priority to 2020, managing multiple clouds will be the foundation for business success, industry experts revealed recently.0 3572
Microsoft buys Capptain for mobile analytics, cloud services
Microsoft plans to boost its Azure cloud services with its acquisition of Capptain, whose product helps developers track and analyse usage of their Web and mobile apps and implement customer retention strategies.
Iranian hackers create fake news organisation
A suspected Iranian hacker group seeded Facebook and LinkedIn with bogus profiles of women and created a fake online news organisation to get digitally closer to more than 2,000 people whom it wanted to spy on.
China accuses Cisco of supporting US cyberwar efforts
China’s state-controlled press is accusing Cisco of helping the U.S. government in cyberespionage, following its governments claims that it would create a “vetting system” for major IT products.
Ericsson maintains LTE leadership
Ericsson has announced that Gartner has positioned Ericsson as an LTE industry leader within the “Leaders” quadrant of its Gartner …
HP to slash 16,000 more jobs despite PC growth
Hewlett-Packard reported increased profits Thursday as its PC business turned in a strong quarter, but the company will slash thousands more jobs to reduce costs.
Cisco welcomes Dimension Data to global cloud initiative
Cisco will sell cloud services using Dimension Data’s Managed Cloud Platform, including IaaS (infrastructure-as-a-service) and SaaS (software-as-a-service) offerings of Microsoft SQL Server and SharePoint.
Apple and Samsung fail to settle patent dispute in California
Apple and Samsung told a court in California that they had failed to reach a settlement in their patent dispute, suggesting that a deal akin to that between Google and Apple may not be on the cards anytime soon.
Google plans $30B of international acquisitions
Google plans to spend $20-30 billion of its of its accumulated international profits to fund potential acquisitions of non-U.S. companies and technology rights.
PCs and smartphones drive Lenovo Q1 growth
Lenovo’s net profit grew 25 percent year-over-year in the first quarter as the Chinese company continued to make gains in the PC and smartphone markets.