Payment processor Adyen says 2015 revs double, profits triple
Rival to Worldpay, PayPal and Square said transactions on its platform doubled to 50B euros Eric Auchard Reuters FRANKFURT (Reuters) - Adyen, one of Europe's biggest fintech start-ups, said on...
View ArticleSlowing data center revenue growth dims Intel's profit beat
Quarterly profit overshadowed by slowing growth in its highly profitable data center business Anya George Tharakan and Arathy S Nair Reuters (Reuters) - Intel Corp's strong quarterly profit beat was...
View ArticleVerizon adds 1.5 million new monthly users; revenue beats estimates
Like its rivals, Verizon has switched two-year customer contracts to monthly plans Malathi Nayak and Kshitiz Goliya Reuters (Reuters) - Verizon Communications Inc on Thursday reported...
View ArticleSprint loss shrinks on cost cuts, user gains; shares soar 22 percent
After two years of declines, new customer sign-up volume was helped by discounts Malathi Nayak and Kshitiz Goliya Reuters (Reuters) - Sprint Corp, the No. 4 U.S. wireless carrier, on Tuesday posted a...
View ArticleAT&T revenue below forecasts, shares fall
No. 2 U.S. wireless carrier added fewer customers than a year ago due to stiffer competition Malathi Nayak and Abhirup Roy Reuters (Reuters) - AT&T Inc, the No. 2 U.S. wireless carrier, said...
View ArticleEricsson's cost cutting regime helps it meet forecasts
Focus on lifting profits by paring costs as demand shifts to upgrades of existing capacity Sven Nordenstam and Olof Swahnberg Reuters STOCKHOLM (Reuters) - Swedish mobile gear maker Ericsson said it...
View ArticleQualcomm forecasts weak profit as demand slows for mobile chips
Weak outlook comes a day after Apple forecast its first quarterly revenue drop in 13 years Anya George Tharakan Reuters (Reuters) - Qualcomm Inc forecast current-quarter profit below analysts'...
View ArticleMicrosoft beats Wall Street view on high demand for cloud products
Quarterly revenue and profits exceed analysts' expectations, however total revenue is down. Abhirup Roy Reuters (Reuters) : Microsoft Corp reported quarterly revenue and profit that beat analysts'...
View ArticleSamsung Elec warns of difficult 2016 as smartphone troubles spread
Slowing economic growth in China and weaker emerging market currencies are undercutting sales Se Young Lee Reuters SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd warned on Thursday of...
View ArticleChina smartphone glory days are over as Apple, Xiaomi face tough times
As China's economy grows at its slowest pace in decades, smartphone market becomes saturated Yimou Lee and Paul Carsten Reuters HONG KONG/BEIJING (Reuters) - China's smartphone boom may be over, as...
View ArticlePayPal's revenue beats Street view on higher transactions, customers
The company said it processed 450 payments per second on Cyber Monday Arathy S Nair and Nandita Bose Reuters (Reuters) - Payment processor PayPal Holdings Inc on Wednesday reported...
View ArticleHSBC says internet banking services down after cyber attack
Internet & mobile services have partially recovered, work still in progress to restore full service Sinead Cruise Reuters London (Reuters)- HSBC is working with law enforcement to catch those...
View ArticleSony says bracing for smartphone slowdown after sensor sales dip
Company struggling to compete with rivals Apple and Samsung Electronics Co Ltd Makiko Yamazaki Reuters Tokyo (Reuters) -Sony Corp , widely regarded as a key supplier of image sensors for Apple Inc's...
View ArticleCisco Announces Intent to Acquire Jasper Technologies, Inc.
Acquisition brings together a complete IoT service solution San Jose, CA:Cisco (NASDAQ: CSCO) announced today its intent to acquire Jasper Technologies, Inc., a privately held company based in Santa...
View ArticleTelePacific Communications to Acquire DSCI, Creating a Services Powerhouse
Unified communications and managed IT leadership added to TelePacific Solutions portfolio Los Angeles, CAread more
View ArticleSprint to cut $1 bln in costs by relocating radio towers-Re/code
Determined to 'attack its cost base,' looking at labor costs, OpEx, IT and administrative expenses Anya George Tharakan Reuters (Reuters) - Sprint Corp plans to save up to $1 billion in costs by...
View ArticleKORE Acquires Wyless: Connectivity for IoT Takes Centre Stage
Beecham's Duke-Woolley provides comment on this week's announcement from KORE KORE’s announcement today of its acquisition of Wyless has been a while in the making, but is hugely significant now it is...
View ArticleWhat’s Driving the Telecom Industry’s Urge to Merge?
Jodi Burrows,VP,SDR Ventures Competition within the telecommunications industry is fueling mergers and acquisitions, albeit at a slower pace than in years past. There were 269 telecom mergers in 2015,...
View ArticleGiesecke & Devrient Showcases Digital Banking Portfolio at Money20/20 Europe
Munich At the Money20/20 Europe in Copenhagen, Giesecke & Devrient (G&D) will showcase its Digital Banking Services including Convego Hub and CloudPay, its consumer-centric services such as...
View ArticleGiesecke & Devrient Showcases Digital Banking Portfolio at Money20/20 Europe
Portfolio includes Convego Hub, CloudPay, the mobile application platform Convego AppWorld Munich At the Money20/20 Europe in Copenhagen this week, Giesecke & Devrient (G&D) will showcase its...
View Article