News
News
Lenovo Accelerates Turnaround with Back-To-Back, Double-Digit Quarterly Revenue...
Lenovo Group announced results for its first fiscal quarter ended June 30, 2018. For the second straight quarter, Lenovo achieved strong double-digit growth in revenue year-on-year. Group revenue reached US$11.91 billion, up 19% year-on-year. The company also reported strong...
Enterprise IT
StorageCraft Announces ShadowXafe – Next Generation Data Protection...
System downtime can cost businesses a tremendous amount of money in lost productivity and revenue. According to the Aberdeen Group, the average cost of downtime for businesses has grown to $260,000 an hour.
As a result, organizations are desperately seeking...
Enterprise IT
Oakley Capital to Invest in cPanel; Acquisition will...
cPanel signed an agreement to be acquired by a group led by Oakley Capital (Oakley). The group also owns Plesk and SolusVM. This transaction will enable significant investment in new product and feature innovation and will support growth in...
Managed Services
Design. Plan. Deploy. MBNL extends managed services deal...
MBNL, the network-sharing joint venture between UK mobile operators Three and EE, has extended its network managed services contract with Ericsson for a further two years, for the delivery of Design, Plan and Deploy projects.
Ericsson has been MBNL’s managed...
News
Walmart and Flipkart Announce Completion of Walmart Investment...
Walmart Inc and Flipkart Group announced the closing of the agreements for Walmart to become the largest shareholder in the Flipkart Group.
"Walmart and Flipkart will achieve more together than each of us could accomplish separately to contribute to the...
News
Samsung may suspend operations at China mobile phone...
Samsung Electronics Co Ltd is considering suspending operations at one of its mobile phone manufacturing plants in China due to slumping sales and rising labour costs, the Electronic Times reported on Monday.
Samsung might stop producing mobile phones this year...
News
AT&T Completes Acquisition of AppNexus
AT&T announced the completion of its acquisition of AppNexus, now part of AT&T advertising & analytics led by CEO Brian Lesser.
AppNexus operates a leading global advertising marketplace and provides enterprise technology products for digital advertising, serving publishers, agencies and...
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