Latest News
Poland's TPSA profit hit by weak zloty
Wednesday, 25 July 2012 18:19
Weakness at fixed-line business and regulatory intervention in mobile affected Polish telco's results.
Telekomunikacja Polska SA, Poland's largest telecommunications operator, said Wednesday that second-quarter net profit fell 74% from a year earlier, when the figure was inflated by a gain from an asset sale, while revenue shrank and the weaker zloty this year dented margins on smartphone sales.
(Source: Total Telecom. Read more....)
BT's weak sales marr financial performance
Wednesday, 25 July 2012 11:16
Global Services customers reluctant to sign contracts or agreeing smaller deals than in previous quarters, BT CEO says.
BT Group PLC reported Wednesday a bigger-than-expected fall in sales as companies stung by the economic slowdown in Europe and beyond held back on expensive communications upgrades.
(Source: Total Telecom. Read more....)
Google 'agrees EU antitrust settlement' over market dominance
Wednesday, 25 July 2012 10:14
GOOGLE and the European Commission have agreed the outlines of a settlement to end the two-year investigation into the internet giant's dominance of the search market.
The details of the deal have not been finalised but among the proposals are thought to be significant changes to the way Google ranks search results, sources suggest.
(Source: Independent.ie. Read more....)
Apple’s Feeling Europe’s Economic Crisis: ‘Essentially Flat’ Sales And A ‘Slowdown’ In Business, Says Cook
Wednesday, 25 July 2012 06:59
Apple often gets a lot of love in Europe, but in the last quarter that wasn’t enough to help it against the tide of economic woe hitting the region. In today’s Q3 earnings call, CEO Tim Cook described sales in the region as “essentially flat to slightly positive” — and, not unlike the wider macro-economy, “that really hampered our total results.”
(Source: TechCrunch. Read more....)
KPN slashes dividend as net profit falls
Tuesday, 24 July 2012 11:00
CEO says company to explore potential areas of cooperation with America Movil.
Ailing telecommunications operator Royal KPN NV Tuesday posted a significant drop in profit and slashed its dividend, saying it continues to be squeezed by tough market conditions in its Dutch home market.
(Source: Total Telecom. Read more....)
Google Internet business defies econ worries, ad clicks surge
Tuesday, 24 July 2012 09:51
Google Inc's core Internet business increased revenue by 21 percent in the second quarter, easing Wall Street worries that a slumping global economy would take a toll on the company's online advertising.
Shares of the world's No.1 search engine were up about 3 percent in after hours trade.
(Source: Reuters. Read more....)
Baidu profits jump as online advertising boom continues
Tuesday, 24 July 2012 09:50
China's largest internet search engine Baidu, has reported a 70% jump in profits in the second quarter, amid continued growth in its advertising revenue.The firm reported a net profit of 2.8bn yuan ($436m; £282m) in the three months to the end of June.
Its advertising revenue rose almost 60% during the period to 5.5bn yuan.
(Source: BBC News. Read more....)
The End of Facebook Credits (and Next Steps)
Monday, 23 July 2012 19:06
What happened to the theory that Facebook Credits would become a universal virtual currency, competing against the likes of PayPal and others? Facebook very quietly closed the program down a few weeks ago, reverting to a more standard model that enabled spending and credits to be made with local currencies around the world (similar to an iTunes account).
(Source: BIA Kelsey Blog. Read more....)
More Articles...
- Groupon set to diversify into a ‘local trading place’
- 411.ca Brings More Canadian Innovation to Local Search
- Yelp Looking At European Expansion With U.K. Operations
- Google Maps gets more detail in Europe, Africa and Asia, including attractions, roads and ferry routes
- Brussels to unveil EU cloud computing strategy
- Deutsche Telekom Ordered to Compensate Telegate Over Data Costs
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