TMSF said that Turk Telekoms has made a US%530 million offer for DigiTurk. Turk Telekom said that they have made a US$350 million offer to buy a 53% stake in Digiturk, a Turkish digital pay-TV operator.
Sectors
ITV acquires Big Talk Productions for an estimated GBP 12.5 million
British television network ITV has bought Big Talk Productions for an estimated GBP 12.5 million. In a deal estimated to be worth GBP 12. 5 million, British TV network ITV PLC has bought Big Talk Productions and its associated companies.
BlackBerry must go back to enterprise market - analysts
Analysts suggested that BlackBerry would be able to attain its former glory if it would go back to the enterprise market.
BlackBerry fires 250 employees due to weak earnings
BlackBerry laid off 250 employees after firing 5,000 people last year due to weak earnings. BlackBerry, a currently troubled smartphone producer, fired 250 employees from its product-testing facility in Waterloo, Ontario.
Carlos Slim Helu invests US$40 million in Shazam to vie against Apple, Google
Carlos Slim Helu invested US$40 million in a mobile audio app company to compete against Apple's Siri and Google voice search.
Latest News
US crude oil futures suffered its first loss in five weeks as concerns about the slowing Chinese economy continue to haunt the industry.
Samsung increased it investment by US$1 billion with the hope that it would compensate for the slumping smartphone growth.
Meiji Yasuda Life Insurance announced that it has agreed with Thai Life to buy a 15% stake in the insurer, beating private equity firms KKR & Co, CVC Capital Partners, and Carlyle Group LP to the deal.
Analysts from Citi released a report that in 2015, the smartphone saturation would transpire. On Thursday, analysts at Citi released a report regarding the saturation in the smartphone market.
Belgian weaving machine maker, Picanol, purchased a 27.6% stake in Belgian chemicals group, Tessenderlo Chemie.
The camera-producer titans find it hard to sell its product due to the increasing demand for smartphones.
Analysts said that Apple is well-equipped with advantages that would keep it from BlackBerry's fate.
Adenium Capital and its venture partner ForVEI announced that it had acquired a 24 megawatt solar facility in Italy.
Canon dimmed its profits and sales outlook as smartphone titans present gadgets that could capture high-quality photos.
