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Google parent company Alphabet reported second quarter revenues up 26 percent from the year before to USD 32.657 billion, with the increase at 23 percent on a constant currency basis, according Telecompaper. CFO Ruth Porat (photo) attributed the rise to company investments, strong results for advertisers and new business opportunities for Google and... -
ICT services provider Econocom Group reported a drop in recurring operating profit for the first half, to EUR 34 million from EUR 58 million. In line with its earlier profit warning, the company has cut its forecast for full-year results, according Telecompaper. Revenues for the first six months rose 12.8 percent to EUR 1.319 billion, including 3.8 percent... -
The market capitalisation of the 100 largest companies globally has increased significantly by $2,597bn or 15% compared to 31 March 2017, according to PwC’s Global Top 100 ranking, released today. This rise comes on top of a 12% increase in 2017, and the total capitalisation continues to grow, year on year, since the global financial crisis. „If we look at... -
Orange Romania launched a promotional campaign that rewards customers who open a My Orange account with a chance to win a Renault Twizy electrical car or one of 15 Pegas Strada bicycles, according Telecompaper. The campaign takes place until the end of July and winners will be announced on 9 August. -
Microsoft Romania announced that its general manager Gabriela Matei (photo) has decided to leave the company for a job elsewhere, according Telecompaper. Matei joined Microsoft Romania six years ago as cloud director and was named GM in 2016. Microsoft said the cloud segment had grown significantly and overall the company showed a strong performance under... -
The strong momentum underway in Central Europe’s private equity markets should continue, according to the latest Deloitte Central Europe Private Equity Confidence Survey. The high level of deal activity in Central Europe’s (CE) private equity (PE) markets is set to continue, with two-thirds of respondents expecting market activity to remain the same, the... -
A new study from Juniper Research found that spending on IoT (Internet of Things) cybersecurity solutions is set to reach over $6 billion globally by 2023. It highlighted rapid growth, with spending by product and service providers (in consumer markets) and end-customers (in industrial and public services markets) to rise nearly 300% over the forecast... -
Ericsson has relaunched its Media Solutions business under the new name MediaKind. This follows an agreement in January to sell a majority stake in the business to One Equity Partners, according Telecompaper. The MediaKind brand will be carried forward when the transaction between One Equity Partners and Ericsson is completed, the company said. MediaKind... -
Cyborgs are no longer abstract fantasies - it has long been possible to integrate microcomputers into human beings. Moon Ribas (CYBORG ARTS) is an artist from Spain who feels in her foot when the earth trembles somewhere in the world thanks to an implant. In disasters, she feels connected to people tens of thousands of kilometers away. She calls it an "... -
Vodafone has made the debut of the first wearable products for its “V by Vodafone” range of consumer IoT systems and products, originally launched in November, according Telecompaper. The group has introduced a new "V-SOS Band by Vodafone" emergency alert wrist band and a "V-Kids Watch by Vodafone" smartwatch. The V-SOS Band by Vodafone is aimed at people...
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