Tag Archives: deal

ZTE Saved From Brink After $1-Billion Fine Deal With US

HIGHLIGHTS ZTE agreed to pay a $ 1 billion fine ZTE will also overhaul leadership US President Donald Trump is seeking trade concessions from China China’s No. 2 telecommunications equipment maker ZTE secured a lifeline from the Trump administration on Thursday after agreeing to pay a $1 billion (roughly Rs. 6,700 crores) fine and overhaul leadership in a deal that will lift ... Read More »

After no-bid deal falls apart, Texas Education Agency review calls for clearer contracting procedures

Texas Education Agency Commissioner Mike Morath testifies before the Texas Commission on Public School Finance about education outcomes on Jan. 23, 2018.  Bob Daemmrich for the Texas Tribune An internal review of the Texas Education Agency’s contracting regulations found this week that the agency needs a more concrete process for determining whether to bypass competitive bidding when it enters into ... Read More »

Facebook, Sony Sign Deal for Online Videos

HIGHLIGHTS Facebook users now won’t see their videos taken down over copyrights Sony/ATV artists will now be paid royalties The deal gives access to over 4 million songs Sony/ATV Music Publishing signed an agreement with Facebook, seeking a share of the social media industry’s burgeoning revenue by letting users post songs from artists like Ed Sheeran and Taylor Swift. For Facebook ... Read More »

Deal: Motorola is discounting its phones by up to $150

With the holidays inching closer, the deals are heating up. We recently told you about Amazon putting some of its Prime Exclusive devices on sale and Verizon discounting the Pixel 2 and Pixel 2 XL by $300. Now, Motorola is getting in on the action and slashing prices on its phones by up to $150. Moto E4 Plus The most inexpensive device included in the sale is ... Read More »

BlackBerry Shifts Patent Strategy Through Outsourcing Deal

Canada’s BlackBerry announced the outsourcing of a significant part of its patent licensing efforts on Wednesday to a unit of the US-based Marconi Group. BlackBerry said the work of sub-licensing a broad range of its patents to global smartphone manufacturers will fall to Teletry. Teletry is part of the Marconi Group, which launched earlier this year and says it specializes in patent ... Read More »

Toshiba Signs Deal to Sell Chip Unit to Bain-Led Group for $18 Billion

HIGHLIGHTS Toshiba has signed chip unit deal worth $18 billion with Bain Capital LP It was earlier in talks with Apple that later demanded new terms Bain’s consortium also includes Dell, Seagate Japan’s Toshiba Corp said on Thursday it had signed an $18 billion deal to sell its chip unit to a consortium led by Bain Capital LP, overcoming a key – albeit not ... Read More »

Western Digital CEO Said to Be in Japan to Finalise Toshiba Chip Deal

HIGHLIGHTS WD to finalise agreement to buy Toshiba’s memory chip business The group and Toshiba aim to announce a deal by August 31 Some senior Toshiba executives had initially balked at WD’s offer Western Digital’s chief executive is in Tokyo to finalise an agreement to buy Toshiba’s memory chip business, ending months of dispute over the auction, a person familiar with ... Read More »

[Deal Alert] Sony MDR1000X noise canceling Bluetooth headphones down to $298 ($102 off)

Over-ear Bluetooth headphones are a dime a dozen these days, but great ones that also offer noise canceling and high-quality audio are few and far between. Sony’s MDR-1000X is one of these but its $399.99 price is enough to give anyone pause. However, it’s now being discounted $102 thus making it $298, its lowest price yet. The MDR-1000X is often ... Read More »

Facebook Signs Deal With ESL to Live Stream E-Sports

HIGHLIGHTS Facebook to bring over 5,550 hours of e-sports events, original content It also recently announced a tie-up with Major League Baseball Twitter also partnered with ESL, Dreamhack to live stream tournaments Taking on Twitter and Amazon-owned Twitch when it comes to live-streaming sport events, Facebook has now announced a partnership with global e-sports company ESL to bring over 5,550 ... Read More »

Brexit committee warns of impact of no deal being reached

MPs have warned about the UK and the EU failing to reach a Brexit agreement, urging the government to work out how much “no deal” would cost. The Brexit committee said ministers’ claim that “no deal is better than a bad deal” was “unsubstantiated” until an economic assessment was published. But the report divided the cross-party committee, with some members ... Read More »