Cisco Systems, Inc. (NASDAQ:CSCO) has decided that they don’t want to be left behind in the race to get some share in the Cloud computing industry. They have stepped up the efforts to compete against giants like Amazon.com, Inc. (NASDAQ:AMZN). Details of Cisco’s initiatives to develop its cloud computing capability were described in a Bloomberg article. In order to gain grounds and be in pace with other competitors in the intercloud space, Cisco Systems, Inc. (NASDAQ:CSCO) has formed partnerships with 20 companies around the globe, which includes companies like BT Group Plc and Deutsche Telecom AG. Cisco Systems, Inc. (NASDAQ:CSCO)’s…
Author: Nina Todic
Intel Corporation (NASDAQ:INTC) illustrated revolutionary cost saving tools through the pilot test by implementing Internet of Things (IoT) and Big data analytics. IoT helps in connecting multiple devices, which can also be used in factories to monitor the overall factory operations and solve some key issues. Details of this pioneering pilot test by Intel were described by Robin Martin, VP Technology and Manufacturing Group at Intel in a blog article. IoT and Big Data Analytics can bring in a lot of automation into the factories. This new technology can store and analyze huge amount of data and come out with…
Softbank’s Masayoshi Son has invested $20 million in Alibaba Group Holding Ltd (NYSE:BABA) in 2000, which is currently valued at $71 billion as the trade closed on Friday. Son is now considering investments in US to expand the reach of his company. Details of Son’s interest in acquiring Dreamworks Animation Skg Inc (NASDAQ:DWA) and Dreamworks Animation Skg Inc were described in a Wall Street Journal article. Softbank’s Son is looking forward to make use of the benefits reaped from Alibaba Group Holding Ltd (NYSE:BABA)’s IPO. For majority of this year, Softbank was linked to a supposed acquisition of T-Mobile US Inc…
Google Inc (NASDAQ:GOOGL) and Facebook Inc (NASDAQ:FB) are conducting their business operations in India. Former BJP leader, Govindacharya has filed a case, raising concerns against the usage of e-mail services by offshore providers for official purposes by government officials. His Public Interest Litigation (PIL) also mentioned the tax evasion by the offshore providers like Facebook Inc (NASDAQ:FB). A Bench of Justices, Badar Durrez Ahmed and Siddharth Mridul from Delhi High Court has recently questioned the logic behind Facebook Inc (NASDAQ:FB) evading taxes and Google Inc (NASDAQ:GOOGL) paying services tax. Details of High Court proceedings were published in a ‘Times of…
Amazon.com, Inc. (NASDAQ:AMZN) is placing their bet on original TV shows to compete against the Netflix, Inc. (NASDAQ:NFLX). Amazon’s latest comedy drama “Transparent” is made available to its prime customers on Friday. Former NBC Universal CEO and Chariman, Bob Wright talked on Bloomberg about Amazon’s bet on original contents and the competition with Netflix. Wright feels that the companies like Amazon.com, Inc. (NASDAQ:AMZN) and Netflix, Inc. (NASDAQ:NFLX) are spending a lot of money in producing and marketing these shows. “[…] the reality of it is that the shows that are live, which is like the NFL, are the ones that…
Twitter Inc (NYSE:TWTR) is currently focused on developing its advertising business. Twitter has recently announced about their new targeted advertising scheme, which filters the user tweets on films and generates adverts based on the users taste. Twitter’s new scheme details and the comments made by Global head of research, Jeffrey Graham were published in ‘The Guardian’ article. Twitter Inc (NYSE:TWTR) is currently preparing for the launch of its new targeted advertising scheme, mainly focused on the film fanatics. The new scheme would monitor the user comments related to films and generate adverts based on the recorded user’s taste. “Our recent…
International Business Machines Corp. (NYSE:IBM)’s Super Computer ‘Watson’ is all set to expand its artificial intelligence for practical commercial purposes. IBM executives believed that ‘Watson’ could be utilized for commercial purposes in Medicine, Call centers and Wealth Management. Mike Rhodin, Senior VP of IBM Watson Group explained about the Watson’s applications at ‘EmTech’ a conference organized by MIT Technology Review. International Business Machines Corp. (NYSE:IBM)’s Watson was first built to answer the questions asked to it by the user. The artificial intelligence of the super computer allowed it to understand the questions put to it and answer accordingly. The technology…
Google Inc (NASDAQ:GOOGL) project glass is the next new wearable technology that might revolutionize the market. Google Glass has numerous capabilities including the ability to do hands free texting. Many presumed that the Google Glass might enable texting while driving capability. Psychological Researcher at University of Central Florida, Ben Sawyer conducted some independent study to test the texting while driving capability of Google Glass. The test findings were elaborated in a Reuters article. The study conducted by Sawyer revealed that Google Inc (NASDAQ:GOOGL)’s Glass is as riskier as Smartphone for texting while driving. “When you look at how fast people…
eBay Inc (NASDAQ:EBAY) announced that there are no plans of making huge investment in India to further their business in the country. eCommerce is growing big in India and many companies including Amazon.com, Inc (NASDAQ:AMZN) have made their intentions clear by investing big in the country. eBay’s announcement about not investing in India and the reasons were mentioned in a Business Standard article. The domestic eCommerce company in India, Flipkart reacted to the competition by investing around $1 billion to further grow the business in the country. Amazon.com, Inc. (NASDAQ:AMZN) also decided to invest $2 billion in India to grow…
Travelport Worldwide Ltd (NYSE:TVPT) went public in US on Thursday and raised around $480 million. Travelport managed to sell around 30 million shares at $16 per share. The Atlanta-based online travel service company’s enterprise value is around $4.3 billion, based on the IPO price. Travelport CEO and President, Gordon Wilson talked on Bloomberg about the IPO and plans for the company’s growth. Wilson mentioned that the main intention to go public was to reduce the company debts. He added that they have already delivered $900 million to the company since the start of 2014 for debt reduction and he expects…
Recent reports suggested that Comcast Corporation (NASDAQ:CMCSA) are fighting back with their comments in its proposed merger with Time Warner Cable Inc (NYSE:TWC). Comcast fought back saying that majority of their business partners and competitors were trying to extortionate money from them and demanded favorable deals, but when the deal doesn’t materialize they go to the regulators and complain that the deal should not happen for benefiting the consumers. Former Time Warner Chairman and CEO, Richard Parsons talked on CNBC about the complexities involved in the deal. Parsons said that the issue is not a new story and has been…
Amazon.com, Inc. (NASDAQ:AMZN) might be the next big tech company to enter the smart home space following Apple Inc. (NASDAQ:AAPL) and Google Inc (NASDAQ:GOOGL). Amazon is rumored to be in talks with developers for its smart home projects. A Forbes article discussed about the Amazon’s plans of entering the smart home space. In June, Amazon.com, Inc. (NASDAQ:AMZN) struck a deal with California Governor’s office of Business and Economic Development. Amazon might pour in $55 million into Lab126, which was the force behind Amazon Kindle and 3D features of the Fire Phones. According to the deal, Amazon would spend the money…