EU News Digest Latest News & Updates
Erika Goldring | Getty Images Stan Lee at Wizard World Comic Con, January 6, 2018 in New Orleans, Louisiana. Stan Lee, one of the masterminds of the Marvel Comics universe, has died at 95. Lee was the creator of dozens of now-iconic comic-book heroes, including Spider-Man, X-Men, the Avengers, the …
Read More »SoftBank’s mobile unit launches $21 billion IPO
Kiyoshi Ota | Bloomberg | Getty Images Masayoshi Son, chairman and chief executive officer of SoftBank Group at the SoftBank World 2018 event in Tokyo, Japan. SoftBank Group’s domestic telecoms unit on Monday received approval to list on the Tokyo Stock Exchange in an initial public offering (IPO) worth 2.4 …
Read More »Apple chip supplier Skyworks downgraded on ‘broad smartphone weakness’
Semiconductor producer Skyworks Solutions was downgraded at Citigroup on Monday in light of Apple’s weaker-than-expected iPhone XR outlook and softer smartphone demand in China. “We are downgrading Skyworks Solutions to neutral from buy post the earnings season based on broad smartphone weakness observation in China and disappointing iPhone XR unit …
Read More »Swiss Asset Management Company sales on the rise
Sales of Swiss asset management companies are on the rise, especially to foreign investors. 2018 has seen a big year for the sales of Swiss asset management companies. This is partially attributed to the fact that the Swiss asset management license is very versatile, allowing not only for asset management, …
Read More »Major cloud tech acquisitions in 2018
Screenshot | Microsoft live stream Adobe CEO Shantanu Narayen, Microsoft CEO Satya Nadella and SAP CEO Bill McDermott announce the Open Data Initiative at Microsoft’s 2018 Ignite conference in Orlando, Florida. Legacy tech companies have been scooping up smaller cloud and software providers in massive deals throughout 2018. The consolidation …
Read More »SAP buying Qualtrics for $8 billion
Daniel Roland | AFP | Getty Images Bill McDermott, CEO of German software giant SAP, addresses the media during the company’s annual financial statement at it’s headquarters in Walldorf near Heidelberg, southern Germany, on January 24, 2017. SAP is acquiring Qualtrics for $8 billion, snapping up the survey software company …
Read More »What that means for esports
Kieran Gibbs | ESPAT Media | Getty Images Scenes from an esports tournament in London in September 2018. The event is called FaceIt Major London. Newzoo projects that the esports industry will rake in over $1 billion in revenue by 2020, and mobile esports revenues will take a bigger slice …
Read More »Facebook ends mandatory arbitration for sexual-harassment claims
Jim Watson | AFP | Getty Images Facebook CEO Mark Zuckerberg testifies before a joint hearing of the US Senate Commerce, Science and Transportation Committee and Senate Judiciary Committee on Capitol Hill, April 10, 2018 in Washington, DC. Facebook on Friday became the latest tech company to end a policy …
Read More »Microsoft Azure picks up cloud business from Gap
David Ryder | Bloomberg | Getty Images Microsoft CEO Satya Nadella smiles during the Microsoft Build developer conference in Seattle on May 10, 2017. Microsoft’s cloud business has won a marquee deal from one of the country’s best-known retailers. The company said Friday that it signed a five-year deal with …
Read More »Alipay strikes payments deal with soccer governing body UEFA
Matthias Doering | Bloomberg | Getty Images An Alipay digital payment app logo and smartphone sit on a desktop at the Wirecard AG headquarters in Munich, Germany, on Wednesday, Sept. 5, 2018. Alipay, the payments app operated by Alibaba affiliate Ant Financial, has struck a partnership with European soccer governing …
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