Consumers to sharply increase smartphone usage by 2015 — research

Marketers should focus on m-commerce as the main channel to reach their target audience, as consumers plan to increase the use of their smartphones and tablets over the next few years, new research from the Internet Advertising Bureau (IAB) has […]

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Bank of England

Lending rises as Bank of England scheme takes effect

Net lending to UK households and businesses increased after the launch of the Funding for Lending Scheme (FLS) in the summer, the Bank of England announced today. Overall, net

HMV Closures

HMV sells live venue and artist management unit MAMA Group

UK-based music, video and electronic games retailer HMV Group Plc (LON:HMV) has sold its live venue and artist management unit MAMA Group Limited and its 50% stake in


Social network Facebook in talks to acquire Whatsapp — report

US social media platform Facebook Inc (NASDAQ:FB) is reportedly in discussions to buy cross-platform mobile messaging application Whatsapp, Techcrunch said on Monday, citing sources in the know. The deal

Small Busienss

US small business owners increasingly pessimistic — survey

Small business owners as a group are now the most pessimistic they have been since the third quarter of 2010, according to the latest Wells Fargo (NYSE: WFC)/Gallup Small Business Index. According to the California-based bank, the index fell 28 points

Virgin Atlantic

Singapore Airlines in talks with potential buyers of Virgin Atlantic stake

Singapore Airlines Ltd (SGX:C6L) announced today it was negotiating with interested parties a potential sale of its 49% stake in UK airline Virgin Atlantic Limited. The Singaporean company did

Baby Food

Pfizer completes $11.85bn sale of infant nutrition business to Nestle

US pharmaceutical giant Pfizer Inc (NYSE:PFE) said it had completed the divestment of its infant nutrition business, Pfizer Nutrition, to Swiss food group Nestle SA (VTX:NESN) for USD11.85bn

Windstream leases Compass Datacenters’ data center facility

Compass Datacenters has completed a lease agreement with Windstream Hosted Solutions (NASDAQ: WIN) for a data centre facility in Franklin, Tennessee.

Through this long-term lease agreement, Compass Datacenters will

UTStarcom offers to buy back up to 25m ordinary shares

UTStarcom Holdings Corp. (NASDAQ: UTSI) said it has begun a tender offer to purchase up to 25,000,000 of its ordinary shares at a price of $1.20 per share,

Savvis releases Symphony Cloud Storage

CenturyLink (NYSE: CTL) company Savvis has made a limited release of its Symphony Cloud Storage, which combines global accessibility and unlimited capacity with the reliability and protection businesses

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