Tag Archives: group

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 »

iPhone Ban: Tech Group Sides With Apple in Qualcomm Dispute

HIGHLIGHTS Google, Amazon, Microsoft and Facebook among those against Qualcomm Qualcomm is seeking a ban on iPhone using chips other than its own Tech giants say that doing so would cause “significant shocks to supply” A group representing major technology companies has aligned itself against Qualcomm in its legal dispute with Apple by calling on regulators to reject Qualcomm’s bid to ban the import of ... Read More »

OctoFrost Group purchases Innotec Systems, strengthening grip on IQF processing tech market

Malmö, Sweden-based OctoFrost Group, a manufacturer of individual quick freezing (IQF) freezer tunnels, has purchased Innotec Systems BV, a maker of customized industrial food processing machinery. The acquisition is intended to make OctoFrost is a key player in supplying complete IQF processing lines, the company in its press release announcing the deal. Terms of the deal were not announced, but ... Read More »

Facebook News Feed Algorithm Update to Curb ‘Tiny Group’ of Spammers

HIGHLIGHTS The move is another step to weed out spam Change would affect only links shared by a tiny group of spammers Facebook frequently tweaks the computer code behind the News Feed Facebook said on Friday it was changing the computer algorithm behind its News Feed to limit the reach of people known to frequently blast out links to clickbait stories, sensationalist ... Read More »

Facebook, Microsoft, Twitter, YouTube Form Global Working Group to Combat Terror Content

HIGHLIGHTS Facebook, Microsoft, Twitter, YouTube announced anti-terror partnership It’s called the ‘Global Internet Forum to Counter Terrorism’ All platforms will mutually share each other’s resources to fight terror Social media giants Facebook, Google’s YouTube, Twitter and Microsoft said on Monday they were forming a global working group to combine their efforts to remove terrorist content from their platforms. Responding to ... Read More »

Environmental group takes on Dallas smog with high-tech gadgets

City of Dallas on a non-smoggy night. Photo courtesy of Dallas CVB Dallas environmental group Downwinders at Risk is committed to clean air and is taking matters into its own hands. The group has purchased two ozone monitors, to the tune of nearly $10,000, and will initiate a citizen-based monitoring campaign in Wise County, an area where state officials refuse ... Read More »

MakeMyTrip’s Acquisition of Ibibo Group Gets CCI’s Nod

HIGHLIGHTS MakeMyTrip and Ibibo announced merger last year in October CCI has approved the acquisition of Ibibo group by MakeMyTrip This will bring redBus, goibibo, Ryde under MakeMyTrip’s group Fair trade regulator CCI has approved online travel portal MakeMyTrip’s proposed acquisition of rival Ibibo group in an equity deal that would create one of the country’s largest online travel firm. ... Read More »

Alibaba Group Expands Presence in Australia, New Zealand

Chinese online retailer Alibaba Group opened its Australian and New Zealand headquarters in Melbourne on Saturday, its first expansion in the region as it seeks to tap growing global demand for products from the two countries. The group’s billionaire founder Jack Ma, who spent time in Australia as a young man, said he hoped the e-commerce giant would help Australian ... Read More »

WhatsApp Sued for Sharing Data With Facebook by German Consumer Group

HIGHLIGHTS German consumer group VZBV sues WhatsApp WhatsApp alleged to transfer data to Facebook without consumer approval Facebook claimed to use WhatsApp data to improve features on its platform WhatsApp, the Facebook-owned messaging app, has been sued by a German consumer group for sharing data with the parent company. The Federation of German Consumer Organisations (Verbraucherzentrale Bundesverband) also referred to ... Read More »

Facebook Messenger Introduces Group Video Chat — with Up to Six People at a Time

Back in September, Facebook (NASDAQ: FB) launched Messenger Instant Video to allow Facebook Messenger users to broadcast real-time video in Messenger text exchanges. Now the social networking giant has introduced Group Video Chat in Messenger, a real-time video option that has practical business applications. Group Video Chat on Messenger Group Video Chat in Messenger allows up to six people at ... Read More »