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Apple Beats acquisition confirmed

Apple confirms it will buy Beats Music and Beats Electronics, the music streaming service provider and headphone maker. This is the largest takeover by Apple to date, the biggest since the purchase of NeXT for $400 million in 1997, which…

Smartphone addiction among European kids

Smartphone addiction is a growing problem among European children, with fifty percent reporting experiences linked to overdependence, says a report by Net Children Go Mobile (PDF). Increasingly, children across Europe say they feel…

Lenovo profits jumped 29 percent

Lenovo profits jumped 29 percent to $817 million and revenue rose by 14% to $38.7 billion for the year to March 2014. The world's largest personal computer manufacturer sold 55 million PCs, 50 million smartphones and 9.2 million tablets.…

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…