Indian telco reports revenue was up by a third, EBITDA grew by over 55%, and net profit rose by 183%. …read more Source:: Open Source S
Tag: stake
SoftBank is looking to sell its T-Mobile stake
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•After SoftBank experienced a ¥1.36 trillion loss during the last fiscal year. …read more Source:: Open Source S
Microsoft: Here’s why we’re withdrawing our stake in facial-recognition startup AnyVision
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•Microsoft is ending all minority investments in facial-recognition startups because it can’t check them for compliance. …read more Source:: Open Source S
Oracle reveals major stake in startup challenging Intel data center processors
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•Oracle already owns much of the data center software and hardware markets and now it is eyeing processors — Intel’s most lucrative business. …read more Source:: Open Source S
The data protection market is reforming: Hedvig is Commvault’s stake in the ground
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•Commvault recently announced its plan to acquire Hedvig. …read more Source:: Open Source S
Alibaba enhances delivery push by acquiring 14 percent stake in STO Express
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•STO Express is the fourth major logistics company in China that Alibaba has invested into as it eyes providing next-day delivery for all of China. …read more Source:: Open Source S
Billions at stake as Oracle beats Google in latest Android Java API legal dustup
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•The jury ruled that Google didn’t owe Oracle any money for its use of Java’s APIs in Android, but the US Court of Appeals for the Federal Circuit disagreed and …read more Source:: Legal
Softbank buys large stake in Uber
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•Uber investors and employees will tender shares equal to 20 percent of the company, at a discount. …read more Source:: Open Source S
Singapore taxi operator acquires majority stake in Uber’s car rental business
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•ComfortDelGro is forking out S$642 million for a 51 percent stake in Uber-subsidiary, Lion City Holdings, which runs a fleet of some 14,000 vehicles. …read more Source:: Open Source S
Blockchain Global uses bitcoin to take 40 percent stake in ASX-listed Digital X
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•The AU$4.35 million investment sees the competing firm take 40 percent ownership in the publicly traded blockchain business. …read more Source:: Open Source S