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Amazon is developing a new device that records live TV, a person familiar with the plans told Bloomberg. Dubbed 'Frank' inside Amazon, the digital video recorder is designed for the streaming era and includes physical storage and access to Amazon’s Fire TV boxes. An Amazon spokeswoman declined to comment, according Telecompaper. The Frank DVR has the same... -
In its 21st annual survey of CEOs from around the world PwC found that technology does not top the agenda for real estate CEOs either as a threat or an opportunity. „The capital-intensive real estate industry is traditionally slow on decision and sometimes can characterised of conservatorism. Technology, urbanisation and current social changes are elements...
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According to PwC’s Global Entertainment & Media Outlook 2018-2022 (Outlook), the ongoing rapid evolution of the industry has entered a dynamic new phase. Amid growth that is broad-based and consistent – but unevenly distributed – three imperatives are affecting every company in the industry: convergence, connecting with consumers and the need to build...
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Softbank saw its net profit jump to JPY 313.7 billion in the fiscal first quarter to June from JPY 5.5 billion a year earlier, thanks largely to gains on its investments in companies such as Flipkart and WeWork and the spin-off of ARM's Chinese business. Net sales rose 4 percent to JPY 2.273 trillion, and adjusted EBITDA was up 3 percent to JPY 721.8...
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Allview, the Romanian smartphone and tablet brand, will launch in August its first hybrid smartwatch, according Telecompaper. The device is the first of its new range of intelligent watches named 'Hybrid.' The new watch range offers new features and the ability to stay connected to the most important events and news. Phone notifications will be displayed...
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Thai satellite operator Thaicom posted a consolidated net profit of THB 2.11 billion for the first half of 2018, which represents an increase of 345 percent from THB 475 million in the first six months of 2017, according Telecompaper. Revenue growth was mainly boosted by profits from the sale of CSL’s share of THB 1.95 billion recognized in the first...
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Huawei announced revenues of CNY 325.7 billion for the first half of 2017, up 15 percent from the year-earlier period, according Telecompaper. The company's operating margin reached 14 percent, up from 11 percent reported for H1 2017. The sales growth was in line with the 15 percent reported for all of 2017 and follows recent comments from the company...
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Reuters, the world’s largest international multimedia news provider, today unveiled a personalized news app designed to help business professionals make better decisions, according Thomson Reuters. The new Reuters news app – available today on iOS devices – has been built to provide users with an indispensable ‘news utility.’ The design puts an emphasis...
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Qualcomm has abandoned its takeover of NXP Semiconductors after it was unable to obtain regulatory approval in China by the agreed deadline of 25 July, according Telecompaper. The failure to close the deal, first announced in October 2016, means Qualcomm will pay NXP a termination fee of USD 2 billion. Qualcomm also announced plans to buy back USD 30... -
Verizon upgraded its outlook for full-year revenue growth after reporting improving trends at its mobile business in Q2, according Telecompaper. The US operator now expects a low-to-mid single-digit percentage increase in revenues this year, driven by better-than-expected equipment sales, compared to a previous forecast for low single-digit growth. For the...
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