Sectors
Olapic closes US $5 mln in series A financing
Olapic secures US $5 million after the close of a series A financing round led by Great Longworth Venture Partners and Fung Capital USA.
Alcatel-Lucent overthrows estimates after Qualcomm announced stake purchase
Alcatel-Lucent beats estimates set by analysts after Qualcomm Inc. announced to purchase the former's minority stake.
Microsoft Windows 8, Surface RT tablets eat competitors' dust
Microsoft Windows 8 and Surface RT tablets were lagging behind competitors. Windows 8, the operating system Microsoft designed for touch PCs, was still finding it hard to capture a sizeable audience.
Hewlett Packard server shipments drops again
According to Gartner, HP's server market share dropped for the second consecutive time. In the latest quarterly report of Hewlett Packard, server shipment shares from across the globe fell significantly.
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Alcatel-Lucent partnered with Qualcomm for small cell development. Alcatel-Lucent and Qualcom partner for small cell development. The development aimed to be useful for enterprise and residential deployments.
The CEO of Softbank Corp said that there is no "firm plan" in place for the widely-anticipated Alibaba IPO.
Centrica announced that it expects to close its USD 1 billion buy of Hess's Energy Marketing this year.
Alcatel rebounded with strong growth that beat estimates. Alcatel-Lucent rode in strong growth and beat analysts' estimates. The struggling telecom equipment maker posted this strong growth for its key US market.
Researchers said that Apple led the South African tablet industry while Samsung trailed at second. Over 1. 4 million units of tablets were purchased by South Africans in a span of three years, said research firm World Wide Worx.
Android posted a massive increase in the latest quarterly report for tablets, while Apple's iOS continued to decline.
Nepal's telecom industry expanded after aggressive importing. According to the Nepal Telecommunications Authority, imports of telecom related equipment almost reached double the amount of last year.
Apple issued a statement in response to Pegatron's claimed labor abuses. Apple responded to claims that its Shanghai-based manufacturer, Pegatron, was involved in labor abuses.
YouBeauty gets a series A-1 funding worth US $8.6 million in a round led by existing investor Countur Venture Partners.
The growth equity firm acquired around 27% of the international music platform's equity stake. Growth equity firm Stripes Group made a considerable minority investment in a London-based international music platform.




