Playtech said it intended to spend more than EUR 600 million for acquisitions to capitalize on the increased use of mobile devices for online betting.
Software & IT services
Morgan Stanley holds new BlackBerry purchases
Hedging against possible long term structural changes with Blackberry, Morgan Stanley has put on hold the purchase of new devices from the Canadian company amidst the turmoil the smartphone company is now facing.
Icahn may push for board seats after raising Nuance stake
Carl Icahn, the activist investor known to take major seats in companies and push for management change, had announced raising his stake in Nuance Communications Inc.
Microsoft to acquire stake in start-up Foursquare
Several speculations stated that the giant software maker Microsoft Corp. would acquire stake in Foursquare Labs.
Blackberry: Business as usual despite selling global operations unit
Blackberry, the leading mobile device in India, had announced selling its global operations unit but would remain business as usual to ease fears of Indian users.
Latest News
Vivendi CFO said the company still plans to complete the sale of its Moroccan unit this year. French multinational mass media and telecommunications company Vivendi said that it is still aiming for the sale of Maroc Telecom by the end of 2012.
Android vice-president Hugo Barra left Google amid marriage troubles between Sergey Brin and Anne Wojcicki.
Google told GigaOm that the internet company has been leaning to standardize the video chat feature of Hangouts to 720p HD.
Nintendo announced on Wednesday that the company will give a USD50 discount on its high-priced Wii U consoles and would be offering a new low-priced console.
Taiwan-based Advanced Semiconductor Engineering Inc would be selling convertible bonds to raise USD 400 million.
German insurance firm Allianz announced that it is nearing a deal to outsource its information technology services.
ShopPad announced today that it had received a total of USD500k in seed funding from angel investors.
Two more operators join the 4G race in Britain as it jumps into the superfast mobile top division. Britain is preparing to launch itself into the superfast mobile top division as two more operators launch 4G services.
Wayra, Telefonica's start-up accelerator announced its second global "Demo Day" scheduled on November 14, 2013.
