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News Center

From our press centre we select the top industry news stories from the leading online publications and wire services and bring them straight to you.

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Bitcoin exchange opens in UK

Bitcoin exchange opens in UK

Written by on April 29, 2015 in News with 0 Comments

(Reuters) – Bitcoin payment processor Coinbase opened an exchange and online wallet service in the UK on Tuesday, allowing people to convert sterling into bitcoin. Expanding to the UK will make it easier to access bitcoin in one of the financial capitals of the world, San Francisco-based Coinbase said in a blog on its website. […]

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EU considers more generous mobile data roaming allowances

EU considers more generous mobile data roaming allowances

Written by on April 29, 2015 in News with 0 Comments

BRUSSELS (Reuters) – Mobile telecoms firms in Europe will have to offer their customers at least 100 megabytes (MB) of data a year at domestic rates when travelling within the European Union, according to an EU document seen by Reuters. EU member states and members of the European Parliament are in the final stage of […]

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Twitter revenue forecast slides, shares slump

Twitter revenue forecast slides, shares slump

Written by on April 29, 2015 in News with 0 Comments

(Reuters) – Twitter Inc posted quarterly revenue that missed Wall Street targets and cut its full-year revenue forecast due to weak demand for its new direct response advertising, sending its shares down as much as 24 percent on Tuesday Twitter projected 2015 revenue of $2.17 billion (£1.42 billion) to $2.27 billion, compared with its earlier […]

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YouTube celebrates 10th anniversary with film deals

YouTube celebrates 10th anniversary with film deals

Written by on April 28, 2015 in News with 0 Comments

(Reuters) – Google Inc’s YouTube will directly invest in new shows to be launched in partnerships with its four top content creators, it said in a blog on Tuesday. The world’s No. 1 online video website also said it entered into an agreement with DreamWorks Animation SKG Inc unit AwesomenessTV to release feature films over […]

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Google Glass second coming

Written by on April 28, 2015 in Snippets with 0 Comments

Google may have pulled the plug on the Explorer edition of its Google Glass, but the company has been steadfast in insisting a new version of the controversial wearable computer will be coming out under the direction of Nest boss Tony Fadell. Read more here…

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More iPhones sold in China than USA

More iPhones sold in China than USA

Written by on April 28, 2015 in News with 0 Comments

(Reuters) – Apple Inc beat Wall Street’s revenue and profit forecasts on Monday as it sold more iPhones in China than the United States for the first time, but the company gave no sales figures for its new Apple Watch. Apple’s iPhone sales in China soared, increasing its revenue in the country 71 percent to […]

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Brazil minister prescribes technology shock for ailing economy

Brazil minister prescribes technology shock for ailing economy

Written by on April 28, 2015 in News with 0 Comments

BRASILIA (Reuters) – Brazil’s government plans over time to remove tariffs on high-end capital goods in a bid to boost productivity and breathe life into its flailing economy, an adviser to President Dilma Rousseff told Reuters. Strategic Affairs Minister Roberto Mangabeira Unger, a Harvard philosophy professor tasked by Rousseff with laying out a new development […]

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Nokia acquisition costing Microsoft dearly

Written by on April 27, 2015 in Snippets with 0 Comments

Microsoft has signaled that it may take a massive write-off of its Nokia acquisition, perhaps as early as July. In the 10-Q filed with the U.S. Securities and Exchange Commission (SEC) last week, Microsoft said that its Phone Hardware division, which is based largely on the Nokia assets acquired last year for approximately $7.9 billion, lost money […]

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Amazon Web Services dominate cloud infrastructure market

Amazon Web Services dominate cloud infrastructure market

Written by on April 27, 2015 in News with 0 Comments

New Q1 data from Synergy Research Group shows that Amazon Web Services (AWS) remains larger than its four main competitors combined in the cloud infrastructure service market. Microsoft can once again lay claim to having by far the highest revenue growth rate and IBM remains the king of the private & hybrid services segment, but […]

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EBay supports Google over Brussels antitrust probe

Written by on April 27, 2015 in Snippets with 0 Comments

(Reuters) – EBay Inc Chief Executive John Donahoe has supported arguments made by Google Inc in its defence in an antitrust case, saying the two companies are direct competitors in online shopping, the Financial Times reported. Barriers between different areas of online commerce are breaking down, Donahoe said in an interview with FT, highlighting the […]

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