According to a recent article at Tech Radar, Cisco just acquired a network security firm Lancope for $450 million. This marks the company’s newest acquisition and a branching out in the security sector once again. Lancope provides network behavior analytics, threat visibility and security intelligence to help protect companies against top cyber security threats. Cisco and Lancope will advance Cisco’s Security Everywhere strategy of providing advanced threat protection across the full attack continuum—before, during and after an attack. With Lancope, Cisco’s portfolio of security solutions adds an additional capability of network behavior analytics that extends protection further into the network. “As enterprises digitize, security challenges
AMD’s position alongside Intel in the CPU market and NVIDIA in the GPU market, is an ever declining show of bad timing in the computer world. The recently released financial results for Q3 2015 add more fuel to the doubt that is current AMD sales and revenue overall. Many have questioned the possibility of AMD getting back on track, and, while their newest hardware additions like the AMD R9 Fury are supreme products in their own right, it all may be just a bit too little, too late for them. On the other hand, we are not giving hope on the semi-conductor giant just yet,
Ferrari will have its IPO (Initial Public Offer) in a few month’s time. The company is said to have its debut on the New York Stock Exchange with a $10 billion valuation. Ferrari will only provide 10% of its company share value through this IPO to attract investors. Ferrari is vaunting around $1 billion they wish to collect through stock sales, adding a substantial amount of liquid capital to their company operations. Its parent company Fiat Chrysler Automobile (FCAM) said Monday it plans to set a price of $48 to $52 per Ferrari share, making it one of the more appealing IPO’s set in recent years.
Jack Dorsey, one of the Twitter co-founders, is taking back the reigns of the company. Jack’s return as CEO was announced yesterday morning, as the quest to find a suitable company executive after their rocky summer seems to finally be over. While this may come as a surprise for some, Dorsey was actually the acting CEO ever since then-chief Dick Costolo stepped down from the position this summer. This announcement will certainly make Twitter investors and fans alike, rather happy. “I’ve been CEO of both companies for over 3 months now. I have the smartest, strongest, and most determined leaders in the world on my
The cat is out of the bag – with Microsoft Surface Book laptop announcement finally confirms the ‘convertible’ format, for which Intel was ridiculed couple of years ago, mostly with poor executions by Acer and ASUS. Not anymore. Finally, there is a Surface with a keyboard that ‘converts’ into a full fledged laptop. While the software juggernaut designed and manufactured hardware field for ages, this in all its right – might be the best hardware that ever came from Redmond. This is the first ‘laptop’ ever built by Microsoft. Surface Book comes with a detachable keyboard ‘with a kick’, allowing better user experience. There are two processor options will
Advanced Micro Devices, a chip designer headquartered in Sunnyvale, California (and Austin, Texas), is cutting 500 jobs to cut costs (5% of its global workforce). The move is expected to bring the headcount down to under 9,000 employees, right in about the same number of employees as one of its competitors, NVIDIA Corporation. For anyone familiar with the processor market, this shouldn’t come as a surprise. The company has been struggling to make competitive products over the past couple of years, with even highly innovative products often not being in stock due to low availability. The chip maker is struggling to keep up with its main competitors, with Intel currently
According to T-Mobile CEO John Legere, the mobile company has seen an increase of pre-orders in United States for the Apple iPhone 6S. The increase is stated at around 30 percent, compared to those for the last generation iPhone that was released last year. The claim was made by Legere himself, when he announced a special trade-in plan for people who want an iPhone 6S and already own the previous-generation phones. This enables users to obtain the new iPhone 6S through a lease for just $5 per month or, if they own an iPhone 5S, do the same, and pay $10 per month. That was
It seems that Pope Francis will impact more than only the people who come to see him during his visit to United States. According to The Verge, some customers of the Apple iPhone 6S have been warned by the company that they may experience delays in the delivery of their smartphones. Here is the full letter released: Dear XXXX, Thank you for your recent Apple Store purchase. Your iPhone 6s 64GB Rose Gold is scheduled for delivery on Friday, September 25th. However, due to traffic restrictions expected for that day in New York City, your delivery may be delayed. If we’re unable to complete the
Tesla Motors, Inc. are on a roll lately! After they announced Tesla Model X becoming available earlier, getting the info about the Tesla Model 3 out there, they are raising even more financial capital right now. Making good on a promise, Tesla Motors CEO and founder Elon Musk purchased $20 million in stock this week during the company’s public offering. The CEO purchased 82,645 shares at $242 per share, making it a $20 million investment. The Tesla CEO now holds 28 million shares in the company, providing more reassurance towards new investors through personal investments like this one. After they have announced a new public
According to a story on Wall Street Journal, Amazon will forego any further phone development. While not ruled out completely, the development of the next-generation Amazon phone is extended “indefinitely.” Sources of the paper say that a significant volume of Fire Phone engineers have been sacked, which marks the first round of layoffs in history of Lab126, Amazon’s secretive hardware division. The failure of Fire Phone (no longer available for sale) took Amazon in a direction of rethinking their hardware strategy. With the aformentioned device, even heavy subsidizing didn’t help – the phone wouldn’t sell even when the price was dropped from $199 – $0.99 in an effort
In the United States market, the Mercedes-Benz USA has reported increased July 2015 sales overall. Mercedes-Benz USA (MBUSA), headquartered in Atlanta, is responsible for the distribution, marketing and customer service for all Mercedes-Benz products in the United States. With United States being the most important market for big luxury car brands like Mercedes it is no wonder that increased monthly sales provide a healthy boost for the company overall. For Mercedes-Benz, the reported record July sales for the brand stand at 27,526, increasing 1.2% from the 27,192 vehicles sold during the same month last year. “We are seeing strong momentum in the marketplace as we
When Nokia announced it was reorganizing the company and splitting it in four parts, and then planning to spin off two, it was only a question of time before we see the acquisition of the second spin-off. First one (mobile phone division) went to Microsoft, while the final announcement about the sale just arrived. Nokia just sold its Here business unit to a consortium of German carmakers; Audi, BMW, and Mercedes’ parent company Daimler. This makes the three car makers owners of what some call one of the most impressive solutions in the mobile navigation market overall. “High-precision digital maps are a crucial component of the mobility of
With the unveil of the new-generation BMW 7 Series a few weeks ago, there was much talk about this brand-new flagship from the Bavarian car maker. Plenty of people are wondering what exactly (sans the refreshed looks, engine and interior gadgets) this car brings to market. While the new 7 Series packed with options, extras and driver safety features, the car really needs to be well showcased by someone that knows what he’s doing. There are several rather interesting features, things like the pedestrian warning, hand-gesture usage of the in car entertainment system and the all-new touchscreen for example. It is best to view the showcase, you will
In an impressive feat the Volkswagen factory in Chattanooga has produced the 500,000th Passat a few days ago! The Chattanooga plant is the world’s first and only LEED Platinum certified factory. Leadership in Energy and Environmental Design (LEED) is a set of rating systems for the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods. This means that the plant is abiding to some of the highest ecological and enviromental standards. The VW Passat that is the celebration piece is a Candy White Limited Edition, with black interior, keyless access with pushbutton start, a rearview camera, heated seats, a 170 horsepower, 1.8 liter
According to Apple Insider, it seems that Tim Cook denied any rumors that Watch sales have collapsed recently. The information was revealed towards the end of Apple’s quarterly conference call for the third quarter of 2015. In this event, Tim Cook seemed eager to avoid any questions in regards to Apple Watch sales and deliveries, thus further fueling debate on the market success for their latest gadget overall. He also revealed Apple Watch sales in June were higher than April or May, an impressive statistic considering overwhelming launch day demand. On the other hand, Apple decided to include Apple Watch among ‘Other’ products in their
According to information released by the company, 11,507 Model S were delivered to its owners over the second quarter 2015. This was a new record for the electric car maker in terms of most cars delivered in a quarter and represents an approximate 52% increase over Q2 last year. While the number is rather small (compared to traditional car makers) it still represents a nice bump in the all-electric car business. Furthermore, it speaks a lot about the profitability of the company, as (unofficially), the average sales price of Model S is high $87,370, which means the company made over a billion USD – approx
Facebook introduces Payments, serving sending and receiving money by friends on their highly popular Facebook Messenger application.
HTC sees sluggish business for Q1 but expects a boost for 2016 with partnership with UA.
Acer expects business expansion in 2016.
Siemens Taiwan expected a continuous growth regarding its business in Taiwan for 2015.