The strategic acquisition has multiple sweet spots: not only it places Wal-Mart on a better footing in its competition with its peer – Amazon.com Inc, it will also provide Wal-Mart crucial learning experience which it can use in other markets. In a move that will enable Walmart Inc to increase its footprint in Chile and…
For Adobe the acquisition makes sense since Marketo’s expertise lies in its business-to-business marketing applications which would compliment its own. According to sources familiar with the matter at hand, Adobe Systems Inc is in negotiations to acquire privately held cloud-based marketing software company Marketo Inc. The deal will boost Adobe’s cloud offerings and improve its…
Technology news website 9to5Mac has confirmed that the photos it had put up of the gold colored iPhone X phones were not mockups but models resembling the current iPhone X. On September 12, Apple Inc is scheduled to host an event at the Steve Jobs Theater in its California, campus, where it is widely expected…
Analysts covering the sector opine Huawei will have to either reduce its margins or raise prices. Huawei Technology Co’s upcoming launch of a solar-panel control device in the United States is expected to collide with the Trump administration’s new tariffs on Chinese electronics. As a result this is likely to undermine the product that analysts…
This is probably an adjustment period for Amazon in Australia, opine analysts since it is not the kind of company that accepts failure. It would have long term goals. Amazon has reported a modest loss in its Australian operations in its latest corporate filings. Its entry into the Australian market in 2017 had made established…
Although the ruling should provide smartphone makers the ability to develop phones based on Amazon’s Fire OS, Google limits the adoption of such forks, as termed in the industry, through its licensing model. Essentially, the ruling is not likely to significantly change Google’s licensing model and the revenues derived from it. With the European Union’s…
Strong growth in the premium notebooks segment as well as a one-time tax benefit of $975 million can be attributed as the reasons for its surprise performance. On the back of strong demand for desktop and notebooks, HP Inc has reported a better-than-expected quarterly results. HP Inc also named Steve Fieler as its chief financial…
Oracle had reported a 31.7% rise in its cloud business which touched $1.57 billion in the last quarter. On Monday, Safra Catz, Oracle Corp co-CEO stated, she expects to see an acceleration in the company’s cloud business. Her statement comes in the wake of Oracle sales figures falling short of analysts’ expectations. As a clarificatory…
With Apple distancing itself from Intel chips marks a significant shift for its Mac lineup. The strategic initiative should be seen in the light of Apple designing its processors for the iPhone 4 in 2010 and has steadily increased the number of chip it handles directly. In a strategic initiative, code-named Kalamata, aimed at backward…
The compelling offer will notch up pressure on Qualcomm to take a tough decision. Adding to that pressure is Qualcomm’s return of investment to shareholders of -7% against a semiconductor index return of 106%. In what could be the biggest acquisition in the tech sector, Broadcom Ltd has put forward a $121 billion “best and…
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