IT/Telecom
Apple faults Brussels over tax case
Tech giant, Apple has claimed that European Commission breached its fundamental ‘right to good administration’ when it demanded final 12 months that it should pay 13billion pounds in again taxes to Ireland. The legitimate argument was considered one of 14 so-called “pleas” lodged by the corporate in its attraction towards…
Read More »Facebook, others to pay $500 million for technology theft
Social media giant, Facebook Inc, Oculus, its virtual reality unit and other defendants were on Wednesday slammed with a $500 million verdict by a U.S. jury in Texas for technology theft. According to a Reuters report, the defendants are to pay a combined $500 million to ZeniMax Media Inc, a…
Read More »Facebook to develop app for TV set-top boxes
There are strong indications that world’s biggest online social network, Facebook Inc is creating an app for television set-top boxes, including Apple Inc’s Apple TV. Quoting the Wall Street Journal, Reuters reported that Facebook is also in discussions with media companies to license long-form, TV-quality programming. Though, Facebook declined to…
Read More »Cloud services push Microsoft profit
The shares of Microsoft Corp reportedly rose by 3.6 percent, largely due to the demand of its fast growing cloud computing business the company said on Thursday. Reuters reported that even though there was a rise in fiscal second-quarter profit on saw a slight decline in margins in the…
Read More »Cisco to buy AppDynamics for $3.7b
Cisco Systems Inc said on Tuesday that it agreed to buy U.S. business software company AppDynamics Inc for about $3.7 billion, making one of its largest deals of recent years as it searches for growth beyond its core networking business. Legacy technology players like Cisco have been trying to shift…
Read More »Active telecoms subscribers increased by 580,330 in December – NCC
Active subscribers of telecommunications services in the country increased by 580,330 in December, the Nigerian Communications Commission (NCC) has said. The telecommunications industry regulator said this in its monthly Subscriber/Operator Data on Tuesday in Lagos. It said active subscribers increased by 580,330 from the figure in November to stand at…
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