Apple stroked an unprecedented deal, giving Apple a share of the payments’ economics that rivals such as Google do not get for their services. 15 cents of a $100 purchase will go to the iPhone maker.
The list of early Apple Pay partners is impressive, including the 11 biggest US card issuers (JPMorgan Chase, Bank of America, Wells Fargo and Citigroup among others), representing 83 per cent of the market, and credit card companies American Express, Visa and Mastercard.
In addition to banks retailers such as McDonald’s, Subway and Walgreens which together have 220,000 US stores ready to receive iPhone payments.
Other companies, like Panera, have integrated Apple Pay into their apps, so that customers can pay directly from the app without having to re-enter payment information. Reservation powerhouse OpenTable has also partnered with Apple Pay to integrate the technology into its app
August 5 2014 is likely to go down as one of the darker days in the history of Wall Street’s mergers and acquisitions market. In the space of a few fraught hours, takeover proposals worth more than $100bn collapsed: First to go down was 21st Century Fox’s $71bn attempt to buy Time Warner, Sprint, walked away from its own informal bid, to acquire rival carrier T-Mobile US; T-Mobile US was preparing to formally reject a bid for part of the company from French Iliad
With Germany representing Europe’s largest economy — it boasts over 3.6 million companies and an annual telecommunications spend of over 60 billion Euros, BroadSoft has further extended its BroadCloud unified communications (UC) services in Germany by finalizing the acquisition of finocom AG
Accenture works with 91 of the Fortune Global 100 companies and more than three-quarters of the Fortune Global 500. Of Accenture's top 100 clients, 92 have been clients of Accenture for at least 10 years. Switching costs are important. This combined with Scale and scope of their assignments, intellectual property and brand gives the company an edge that allows it to generate economic profits, even in the face of competition
Twitter is unprofitable and its losses widened in the first nine months of the year to $133.8m, from $70.7m for the same period a year earlier. Total revenues for the first three quarters rose 106 per cent to $422.2m.
The New Pro version of Surface Tablets comes with 200 gigabytes of online storage through Microsoft's SkyDrive for two years, a slick wireless mouse and a docking station. You should add a Type Cover 2 which has backlighting, silent and movable keys like real keyboards which gives typing feel similar to that of a laptop keyboard.
SUNNYVALE, CA--(Marketwired - Sep 25, 2013) - Bitzer Mobile Inc., a technology leader in secure enterprise mobility, and Colligo, a leader in enterprise SharePoint collaboration, today announced that they have joined forces to provide secure and...
Today software provides a new framework for innovation to answer a single question: how to create value with software? The challenge is not any more to apply technology to improve productivity but innovate by applying technology to brand-new processes
Expanding overseas is no longer a luxury. In today’s global market it is a necessity. 65% of US executives are reporting more aggressive growth targets for revenues from international customers in 2013 as compared to 2012. The most experience doing business in the European Union (EU), found the EU to be the smoothest place to do business outside of North America.
Google was "passing along the savings we receive from Moore's Law," Stevens announced a 79 percent cut in prices for Persistent Disk Snapshots, along with additional cuts for Persistent Disk SSD (48 percent), network egress (47 percent), Cloud SQL (25 percent) and BigQuery storage (23 percent). These reductions come on the heels of last month's 10 percent cuts to prices for Google's Compute Engine.
Arthur Levinson, who built Genentech into one of the world’s biggest biotech groups , who is also chairman of Apple, was appointed by Google last year to head its new biotech venture, Calico, with a mission to extend healthy lifespan.
Neurodegeneration and cancer as areas that Calico was focused on – putting the company on a potential collision course with Roche, the world’s biggest maker of cancer medicines. Therfore his resignation from Roche's board.
Calico annouced a partnership with AbbVie where each invest up to $250m, and potentially another $500m each, to “explore the basic biology of ageing and develop new medicines for patients with ageing-related diseases”.
The applications include SAP's Business Suite, Business All-in-One, Adaptive Server Enterprise database, SAP Mobile Platform, SAP Adaptive Server Enterprise, and the developer edition of its Hana in-memory computing platform. SAP software is currently used by a significant enterprise base, including 86 percent of the global Fortune 500. This expanded arrangement will be good for both companies, who are battling in common the cloud-presence of several competitors, notably Oracle.
Tuesday’s announcement points to Google’s confidence that it can differentiate itself from dominant players Samsung and Apple in Europe. It builds on the international release of the Moto G last November – a cheaper smartphone aimed at cost-conscious and developing-world consumers. The Moto X was the first product released on the back of Google’s $12.5bn acquisition of Motorola Mobility in 2012
In the UK, the phone will go on sale on February 1 and in the first week of February in Germany in France. The handset will be priced at £380 without a contract with a price starting from £25 on contract.
Facebook became one of the youngest public companies to join the S&P 500 on Wednesday, sealing the comeback of the social network stock which was shunned by investors after listing last year
Facebook took less than 19 months to join the indices after listing, the move highlights how quickly the latest generation of high-profile consumer oriented social media companies have become a feature of the US market.
Sprinklr, a New York-based social relationship platform, has raised $17.5 million in Series C funding from return backers Battery Ventures and Intel Capital to help expand its business worldwide. Europe is the next logical step to support their global client base.
Sprinklr's native, seamless Social Relationship Infrastructure (SRI) enables even the largest brands to
deploy an integrated social relationship infrastructure at the enterprise level.
Twitter global deal with Mondelez (Oreo cookies and Trident chewing gum) will deploy dedicated teams to regularly work with Mondelez in Brazil, India, the UK and the US, helping local marketers tap Twitter’s real-time analytical knowhow and create real-time marketing on a continual basis.
LightInTheBox’s revenue rose 72% last year to $200 million; its shares have climbed more than 80% since their debut in early June demonstrating investors can make money off the company's growing revenue rather than Apple who is sharing more of its cash with shareholders directly, by paying dividends, rather than investing that same cash in new business opportunities
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