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Technology / Media

AT&T DIRECTV takeover

An AT&T DIRECTV takeover agreement has been approved by both boards of the US telecommunications giant and the satellite TV provider in a deal valued at $48.5 billion involving cash and stock. Under the terms of the deal, AT&T will…

Alibaba giant IPO announced

The long-awaited Alibaba giant IPO (initial public offering) has been announced as China’s leading e-commerce company files documents in the US. Analysts predict possibly the largest IPO in global history. In March 2014, Alibaba had…

Google bought Rangespan

Google bought Rangespan, a British start-up company that utilizes data science to help retailers expand their product selection based on real-time sales dynamics, i.e. the company helps retailers decide which products to sell and when to…

Sony profit warning number three

Sony profit warning number three was issued on Thursday, its third warning in just six months, as the company booked a further ¥30 billion in costs from leaving its loss-making PC business. The Japanese electronics and entertainment giant,…

Samsung mobile phone sales fell in Q1 2014

Samsung mobile phone sales fell in the first quarter of 2014, with revenues declining to 33.4 trillion won ($32.3 billion). However, the company’s mobile phone unit’s operating profit increased 18% compared to the previous quarter, partly…

Panasonic reported 2014 profits

Panasonic reported 2014 profits of ¥120.4 billion ($1.2 billion) for the year to March 2014, its first full-year profit since 2010. The Japanese consumer economics multinational said a weaker yen helped boost sales abroad. Total cash…