Myriad Group has signed an agreement with
Spanish telco Telefónica, under which mobile operators within the Telefónica
Group in Latin America will be able to offer a co-branded msngr app to their
customers.
Endesa is to supply electricity to Madrid City Council for the next two
years with an option for a third. The company secured the contract put out to
tender for the supply of energy to the municipal buildings and equipment of
Madrid City Council and its autonomous bodies.
The price of OPEC basket of twelve crudes stood
at 56.06 dollars a barrel on Wednesday, compared with $55.59 the previous
day, according to OPEC Secretariat calculations.
After a five hours period, Twitter is back to normal. The company said that the problems stemmed from a bug in the social network's front end code.
Oracle today announced that it has signed
an agreement to acquire Datalogix, the industry-recognized leader at connecting
offline consumer spending to digital marketing that helps marketers increase
the effectiveness and measurability of their advertising.
Vodafone New Zealand, the largest operator in the country and the first to launch LTE services in New Zealand, has selected Nokia Networks to enable the launch of its commercial 700 MHz LTE network, one of the first Asia Pacific Telecommunity (APT) 700 MHz networks in the world. With speeds up to 10 times faster than standard 3G services, Vodafone customers in Papakura will soon enjoy advanced mobile broadband services with superior network quality, speed and coverage.
Apple announced it has agreed to acquire the critically acclaimed
subscription streaming music service Beats Music, and Beats Electronics,
which makes the popular Beats headphones, speakers and audio software.
As part of the acquisition, Beats co-founders Jimmy Iovine and Dr. Dre
will join Apple. Apple is acquiring the two companies for a total of $3
billion, consisting of a purchase price of approximately $2.6 billion
and approximately $400 million that will vest over time.
AT&T and DIRECTV announced that they have entered into a definitive agreement under which AT&T will acquire DIRECTV in a stock-and-cash transaction for $95 per share based on AT&T’s Friday closing price. The agreement has been approved unanimously by the Boards of Directors of both companies. The transaction combines complementary strengths to create a unique new competitor with unprecedented capabilities in mobility, video and broadband services.
According to the latests statement from Endesa, net earnings attributable to the company's controlling shareholders reached Ch$ 35,902 million, a decrease of 43% when compared to March 2013, mainly explained by a higher procurement and services cost and a greater negative exchange rate difference. Consolidated electricity sales declined by 7.2% to reach 12,905 GWh, mainly as a result of lower physical sales in Argentina and less non-regulated customer contracts in Chile.
Vevo has launched in Mexico, giving it a presence in 14 territories altogether. Mexico is the world's second-largest music video market with Mexican
users having clocked up more than 500 million views on Vevo artist pages
via the company’s YouTube partnership in the last month alone.
Operating revenue was US$ 308.4 million, 8% higher than in the first quarter of 2013. EBIDTA was US$80 million, representing a 20% increase over the same period of the previous year.
In the first quarter of 2014, Banco Santander Chile’s Net income attributable to shareholders
reached a record level for a quarter and totaled Ch$141,843 million (Ch$0.75 per share and
US$0.55/ADR), increasing 75.4% compared to 1Q13. The Bank’s ROAE reached 23.9% in 1Q14
compared to 15.0% in 1Q13.
According to the latest statement from power company Colbun, energy sales volume to customers under power purchase agreements during 1Q14 reached 3,004 GWh, 17% higher than contracted physical energy sales recorded during the same period of the previous year and 5% lower than 4Q13. The increase as compared to 1Q13 is due mainly to the new long-term supply contract with Codelco that started in Mar13, and to a lower extent to an additional short-term supply with the same free customer that started in May13. The decrease in contracted sales for the quarter versus the previous quarter is due mainly to the expiry of two contracts with free customers.
The Economic Commission for Latin America and the Caribbean (ECLAC) has released the results for the 39 countries of the region that jointly participated in the International Comparison Programme (ICP), Round 2011. The report shows that the average GDP per capita in Purchasing Power Parities (PPPs) for Latin America is estimated equal to 12,443 dollars while for Caribbean is 16,351 dollars.
Microsoft is proud to announce that the Skype Community has reached a new milestone of two million registered users."We are thrilled that two million people from around the world have
joined us to ask and answer questions, share stories and talk about
Skype", the company recently sjare in a blog post.
Japanese electronics giant Panasonic on Monday booked its first annual
net profit in three years and reversed a huge loss suffered in the
previous 12 months as it presses on with a sweeping restructuring. In the period ended march, 31, the company reached 120 billion yen (US$1.17 billion) in net profit, after suffering a loss of 754.25 billion yen a year earlier, while
revenue ticked up to 7.74 trillion yen from 7.30 trillion yen.
Microsoft Corp. announced it has completed its acquisition of the
Nokia Devices and Services business. The acquisition has been approved
by Nokia shareholders and by governmental regulatory agencies around the
world. The completion of the acquisition marks the first step in
bringing these two organizations together as one team.
WhatsApp has announced it has hit the 500 million active user mark. According to the company's blog, it users have grown faster in countries like Brazil, India, Mexico and Rusia. People are also sharing more than 700 million photos and 100 million videos every single day.
Microsoft Corp. announced on Monday a patent licensing agreement with
Motorola Solutions, Inc., a leading provider of communication solutions
and services for enterprise and government customers. The license
provides worldwide coverage under Microsoft’s patent portfolio for
Motorola Solutions’ devices running the Android™ platform and Chrome OS™
operating system.
ISI Emerging Markets, the leading provider of hard-to-get business information on emerging markets, announced it has changed its name to EMIS.
Dropbox has recently acquired Loom, a popular services that offers cloud-based photo storage, and Hackpard, a lightweight, document-
LinkedIn, the world’s largest professional network on the Internet,
announced today that it has reached 300 million members in more than 200
countries and territories. The company has added more than 23 million
members since December 31, 2013. 
According to figures released by the local National Statistics Institute (INE),
consumer price index (CPI) registered an increase of 0.8% during march,
accumulating 1.5% in the first three months of the year.
On average in Latin America, around 20 % of adolescents from ages 12 to 18-both male and female-do not attend any educational institution. To tackle both the causes and consequences of early desertion and delayed graduation, specific policies must be implemented that focus on human rights and gender equality, according to a study published by the Economic Commission for Latin America and the Caribbean (ECLAC) and UNICEF's Latin America and the Caribbean Regional Office.
According to preliminary information from Chile's Central Bank, last February the monthly economic indicator (IMACEC) rose 2.9% over the same month a year before. The seasonally-adjusted series increased 0.2% with respect to the previous month, and 2.5% in twelve months. The month came with the same number of working days as February 2013. The result reflected, mainly, dynamism in the mining and retail sectors.
Mojang’s critically acclaimed "Minecraft: Xbox 360 Edition" just crossed the 12 million sold mark – making it one of the most successful Xbox 360 games ever, reports Xbox Wire.
The "Minecraft" brain trust still has plenty of surprises in store for
diehard "Minecraft: Xbox 360 Edition" fans, including the April 18
release of the new Candy Texture Pack.
At Microsoft's Build 2014, Nokia announced three Lumia smartphones based on Windows Phone 8.1 and a series of exclusive Nokia features. Nokia confirmed that Windows Phone 8.1 is scheduled to be available across the entire Lumia Windows Phone 8 portfolio as an over-the-air update this summer following testing and partner approvals.
"Today we are introducing people to the best of Lumia and the best of Microsoft through three stunning devices based on Windows Phone 8.1. In addition to the new developments from Microsoft, Nokia is delivering people an uncompromised imaging experience, great design and better business phones," said Stephen Elop, executive vice president of Nokia's Devices & Services. "We're also pleased to bring the great developments in Windows Phone 8.1 to the Lumia devices people love today."
LINE, the instant messaging app from Japan, has announced that it
reached 400 million registered users, after hitting the 300 million mark
in November last year. Since the launch of the LINE service on June 23, 2011, the app has become into a global communications app that lets users communicate through
voice and video calls as well as stickers and text messages.
Android 4.x is still a leader with various Ice Cream Sandwich and Jelly Bean smartphones and tablets accounting for more than 80%. In comparison, Gingerbread is running on 17.8% (down from 19%), Froyo (Android 2.2) on 1.1%, and Honeycomb on just 0.1% devices.
LinkedIn, the
world’s largest professional network on the Internet, today announced it
has surpassed the 5 million member mark in Mexico. Osvaldo Barbosa de Oliveira, managing director, LinkedIn Latin America, made the announcement during a presentation at “GroupM What’s Next” in Mexico City.
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