Media and Technology NEWS

Sling broadband picks Ubiquiti for hardware

Ubiquiti Networks, Inc. (NASDAQ: UBNT) said it has become the official hardware provider for Florida-based Sling Broadband, a top Internet service provider in over 30 major markets nationwide.


Pearson and Bertelsmann to merge Penguin Books with Random House

British media and education group Pearson Plc (LON:PSON) and German media major Bertelsmann AG (FRA:BTG4) said they had inked an accord to form a joint venture through the amalgamation of their respective English … Continue reading “Pearson and Bertelsmann to merge Penguin Books with Random House”


Unisys reports 3Q 2012 net loss

Unisys Corp. (NYSE: UIS) reported a third-quarter 2012 net loss of $12.4 million, or a loss of 28 cents per diluted share, which included $23.1 million of debt reduction charges and $28.9 million of pension expense.


Web.com reprices senior Credit facility

Web.com Group, Inc. (NASDAQ: WWWW) said it plans to re-price its first lien credit facility.


Microsoft acquires marketing automation software firm MarketingPilot

US marketing automation software specialist MarketingPilot Software LLC has been acquired by technology major Microsoft Corporation (NASDAQ:MSFT), the target company said without unveiling the purchase price. MarketingPilot will now operate as a wholly … Continue reading “Microsoft acquires marketing automation software firm MarketingPilot”


Facebook adds Webroot for online security

Webroot, a leader in delivering Internet security as a service, said that it is partnering with Facebook (NASDAQ: FB) to provide protection against online security threats including viruses, phishing, malicious websites, identity theft, and bogus downloads.


Jungo providing Pandora radio for Hyundai Mobis

Automotive multimedia solutions supplier Jungo, now part of Cisco (NASDAQ: CSCO) has been selected by Hyundai Mobis, an affiliate of the Hyundai Motor company, to provide an infotainment middleware solution for new automobiles sold in the US market from 2013.


UK newspaper group Trinity Mirror to merge national and regional operations

British newspaper publisher Trinity Mirror Plc (LON:TNI) announced on Monday it will combine its nationals and regionals segments under one management structure to establish a more efficient model through which to pursue its … Continue reading “UK newspaper group Trinity Mirror to merge national and regional operations”


Spain to offload stake in satellite operator Hispasat to Abertis

The Spanish government plans to dispose of its interest in local satellite operator Hispasat SA, selling the stake to Abertis Infraestructuras SA (MCE:ABE), Spanish news agency Europa Press reported. The state owns 25% … Continue reading “Spain to offload stake in satellite operator Hispasat to Abertis”


new Unisys ClearPath Systems deliver mainframe performance on Intel-based Platform

Unisys Corp. (NYSE: UIS) announced new members of its ClearPath family of enterprise servers featuring a breakthrough architecture that combines the latest Intel (NASDAQ: INTC) processors with Unisys enterprise-class virtualization technology.


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