Google acquires news reader start-up Wavii for about US$30m - report
24.04.2013 Google has beaten Apple to the punch in acquiring news feed start-up Wavii for around US$30m.
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Ericsson Q1 revenues slip 22pc from previous quarter to €6bn
24.04.2013 Swedish communications equipment provider Ericsson has reported a 22pc drop in revenues in the first quarter of 2013 to €6.05bn (52bn kronor) from €7.7bn in the previous quarter.
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VMware posts 13pc rise in first-quarter revenue of US$1.19bn
24.04.2013 Revenues rose and profit plummeted for VMware during the first quarter of 2013. The cloud and virtualisation software and services provider reported revenues of US$1.19bn, a 13pc increase from the same period last year, and net income of US$147m, down 9pc compared to US$191m in the year-ago period.
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Apple revenues reach US$43.6bn – posts US$9.5bn profit – iPhone growth slows
23.04.2013 Technology giant Apple posted solid sales and revenue figures of US$43.6bn and US$9.5bn, respectively, but has raised questions about future growth plans as sales levels of iPhone devices appear flat and new product announcements may not be expected until later in the year.
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IBM buys UrbanCode to help businesses quickly deliver software
23.04.2013 Technology giant IBM is expanding its DevOps strategy, designed to enhance the software development and delivery process for businesses, with the acquisition of UrbanCode Inc for an undisclosed sum.
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Smurfit and Desmond-backed firm allies with US casino ahead of new US web gambling laws
23.04.2013 A tech company backed by the Smurfit family and Dermot Desmond is poised to profit when the US eventually passes internet gambling regulations. GameAccount Network has forged an alliance with MPTN, the owners of the Foxwoods Resort Casino, to build an internet gaming portal and jointly sell software to other casino operators hoping to be ready for when the online gaming laws are passed.
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Netflix reaches 36m global subscribers, US$1bn revenue
23.04.2013 On-demand video-streaming service Netflix has posted its earnings call for the first quarter of 2013, citing more than 4bn hours of viewing by 36m subscribers worldwide – 7.14m of which are located outside the US – and global revenue of US$1.024bn.
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Rumours of the demise of manufacturing greatly exaggerated
23.04.2013 At the height of Ireland’s feet-of-clay economic boom, a thought pervaded official circles in Ireland – manufacturing no longer matters to the economy. Indeed, there was plenty of reason to believe this might be the case since a lot of electronics manufacturing activities that came in the 1990s had shifted to the Far East.
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The technology business week: €16.2bn in export sales for Enterprise Ireland clients, troika exit to boost IDA’s efforts
22.04.2013 A digest of the top business technology news stories from the past week.
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Weekend news round-up: anti-CISPA web blackout; US to tax the internet?
22.04.2013 In our trawl through the weekend’s best tech stories, it has emerged that the US Senate is about to vote on legislation to give states the power to tax online purchases; how Boston tech start-ups banded together in the aftermath of last week's tragedy; Anonymous is leading a protest against CISPA; and Google’s Eric Schmidt discusses North Korea, a country in the digital dark.