IBM cooperated on the SEC probe of its cloud revenue. IBM Corp. stated Wednesday that it was cooperating with US regulators on a probe of its cloud revenue.
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A Warburg Pincus venture approaches bankruptcy
Sources said that the Warburg Pincus-owned Rural/Metro is considering a possible bankruptcy filing. Sources close to Rural/Metro, the country's biggest private ambulance service operating in rural communities, said that the company is considering a possible bankruptcy filing.
Huawei woos Aussie ICT firms
Huawei planned a workshop in Australia for local ICT firms in an effort to absorb some of the country's ICT assets.
NEC - too ugly for smartphone party
NEC threw the towel in its bid for gaining from the smartphone industry. NEC, a little known smartphone manufacturer, announced today that it is bowing out of the smartphone competition.
Canadian smartphone market increases, BlackBerry fails
According to a Google research, Canada's smartphone market increased. Canadians have been bitten by the smartphone bug, according to Google's latest report on smartphone ownership in the country.
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Spotify's revenues in 2012 grew more than twice as much after expansion. Spotify's revenues in 2013 more than doubled to Eur435 million or US$577 million from last year.
Gimme Credit's analyst Dave Novosel downgrades Motorola's rating from "buy" to "sell."
Siemens will gain EUR400 million from selling stakes in Nokia Siemens Networks. Siemens's recent exit from its Nokia Siemens Networks stake will net the engineering group a total of EUR400 million or US$530 million, according to the company's chief executive Joe Kaeser.
The company's latest smartphone release failed in the market despite good reviews. Nokia recently released its latest offering with the Lumia 1020.
Microsoft and Steve Sinofsky's entered into a "non-disparage" agreement. Steeve Sinofsky, a former chief of Windows, entered into a "non-disparage" agreement with Microsoft.
Google's search results were scrutinized by EU antitrust regulators. Google's search result was scrutinized by EU antitrust regulators. A European Commission questionnaire asked Google's rivals if lower rankings had any effect with regard to the number of visitors to their sites.
Nexon placed investments on Western gaming firms to expand its market. Korea's largest gaming company Nexon announced its plans to expand its reach within the markets in the West, starting with a deal with Rumble Entertainment.
Google will provide Starbucks' Wi-Fi services, replacing previous supplier AT&T. According to an online announcement by Google, the worldwide search engine leader will be granting free and faster internet access to all Starbucks customers in the United States.
The social game developer's top executive conducted a study to pinpoint the company's weakest areas.
