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Travel retailer Lagardere set for US$530m Paradies takeover

2015-08-13 14:12:00| Daily beverage news and comment - from just-drinks.com

French travel retailer Lagardere has agreed a US$530m deal for North America-based Paradies in another show of consolidation in the sector.

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Naspers set to unveil Netflix competitor - report

2015-08-12 16:21:00| Telecompaper Headlines

(Telecompaper) African media group Naspers, owner of the pay-TV service DStv, will unveil its competitor to Netflix on 19 August, MyBroadband reported citing sources close to the company. The sources said that Naspers has secretly been working a subscription video on demand (SVOD) service and is planning to launch it in August. Speculation about the deal started after a public relations company often used by MultiChoice sent out an invitation to an event about "the most innovative and exciting entertainment service" in South Africa. The report said that Naspers aims to roll out quickly to large developing economies in order to beat Netflix to market in those regions. Netflix announced at the start of 2015 that it will complete its international expansion strategy sooner than expected, and plans to have a global footprint by the end of 2016. A spokesperson for the company confirmed its plans include South Africa. Naspers already acquired a stake in the VoD provider Icflix in April. Icflix is a UAE-based platform offering on-demand video services in Morocco, Egypt, Kuwait, the United Arab Emirates, Tunisia and Saudi Arabia. In addition to offering Indian cinema (Bollywood), Arabic cinema (Jazwood) and Hollywood content, Icflix also announced this year that it had invested in studios to produce original content.

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AccelStor to Set New Standard of All-Flash Array Performance at Flash Memory Summit 2015

2015-08-12 12:31:12| Industrial Newsroom - All News for Today

Displaying FlexiRemap technology with over 680K sustained IOPS on standalone 2U rack-mount platform using iSCSI over 10GbE Taipei, Taiwan - AccelStor, an all-flash array solution provider, announces that it will display its latest advances in all-flash storage with FlexiRemap technology at Flash Memory Summit 2015...

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Connected TV set boom continues

2015-08-12 08:40:21| Digital TV News

The number of TV sets connected to the Internet will reach 876 million by 2020, up from 105 million at end-2010 and the 415 million expected at end-2015, according to a report from Digital TV Research.

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Historic Yale Hotel set to reopen soon with new owner

2015-08-12 06:45:11| Railroads - Topix.net

Vancouver's revered Yale Hotel, a bastion of the blues for decades until it shut down for renovations in late 2011, has been sold and should reopen in the near future. But lovers of 12-bar blues will have to wait a while longer to find out if their groove haven will be returned to them.

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