When Amazon.com Inc CEO Jeff Bezos got word of a project at Google Inc to scan and digitize product catalogs a decade ago, the seeds of a burgeoning rivalry were planted.
The news was a "wake-up" call to Bezos, an early investor in Google (Mountain View, USA). He saw it as a warning that the Web search engine could encroach upon his online retail empire, according to a former Amazon (Seattle, USA) executive.
Cogeco Cable Inc, the main unit of media and telecom company Cogeco Inc, will buy Peer 1 Network Enterprises Inc for about C$526 million ($532 million) to expand its cloud computing and data hosting business.
Cogeco Cable (Montreal, Canada), which provides cable-TV, high-speed internet and telephone services, has been looking to increase its presence in the fast-growing data-center business due to tough competition in signing up new television customers in Canada.
Touch-technology specialist Atmel Corporation has announced a takeover of WiFi developer Ozmo in a move aimed partly at boosting its presence in the M2M sector.
The specific terms of the acquisition were not revealed, but Atmel (San Jose, USA) expects to finalize the transaction by the end of the year and says it will be accretive to its earnings in 2014.
Imaging specialist Technicolor is to provide a home automation tablet for use with Swisscom’s smart-homes service.
The Swiss telecoms incumbent has launched what it calls a “smart secure living offering” under the brand of “Quing Home”, allowing customers to control security, automation and energy management through a managed tablet or smartphone application.
Technicolor’s MediaTouch HomePilot tablet is now being positioned by the companies as “the ideal home automation hub for the connected home”.
An international telecommunications treaty signed by 89 countries out of a possible 144 on Friday will have little impact on how carriers operate or how consumers surf the web or make calls around the world when it comes into effect in 2015.
But the acrimonious debate over the treaty - and refusal of so many countries, including the United States and much of Europe, to sign up immediately - have exposed a deep split in the international community.
T-Systems, the IT arm of Deutsche Telekom, has announced a restructuring of its business areas in response to the increasing usage of cloud services by its corporate customers.
From 2013 onwards, the company is to reduce the number of so-called ‘operative business areas’ from four to two, with Hagen Rickmann leading the sales area and Ferri Abolhassan in charge of delivery.
Rickmann has been head of service for T-Systems since March 2011, while Abolhassan is currently in charge of systems integration and the global production of ICT services.
A Russia-led coalition on Monday withdrew a proposal to give governments new powers over the Internet, a plan opposed by Western countries in talks on a new global telecom treaty.
Negotiations on the treaty mark the most sustained effort so far by governments from around the world to agree on how - or whether - to regulate cyberspace.
The United States, Europe, Canada and other advocates of a hands-off approach to Internet regulation want to limit the new treaty's scope to telecom companies.
Telekom Austria is reaching out to enterprise customers in central and Eastern Europe (CEE) with a new initiative aimed at spurring the adoption of M2M services.
Called ‘Unlock M2M’, the program is intended to facilitate the take-up of M2M technology by making it more accessible and affordable.
A landmark attempt to set global rules for overseeing the Internet threatened to fall apart on Friday as a rift pitting the United States and some Western countries against the rest of the world widened, participants in the talks said.
A 12-day conference of the International Telecommunications Union, taking place in Dubai, is supposed to result in the adoption of a new international treaty governing trans-border communications.
Productivity gains resulting from the “internet of things” could add between $10 trillion and $15 trillion to global GDP over the next 20 years, according to a new study from General Electric (GE).
The manufacturing giant reckons the “industrial internet”, as it terms the phenomenon, could find direct application in sectors accounting for more than $32.3 trillion in global economic activity, but expects this figure to reach about $82 trillion – one half of global economic output – by 2025.