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Toyota sees group-wide sales of 9.1 mln vehicles in 2013/14
2013-05-08 10:28:54| Automakers - Topix.net
ROB Insight is The Globe and Mail's exclusive feature led by a team of award-winning editors and writers who provide you with in-depth analysis on breaking business news and the issues that matter most.
Tags: sales
vehicles
toyota
sees
Brazil's Gerdau posts first-quarter profit of 160 mln reais
2013-05-07 14:48:35| Steel - Topix.net
Gerdau SA , the largest steelmaker in the Americas, posted on Tuesday first-quarter net income of 160 million reais , according to a securities filing.
Baidu acquires online video business of PPS for USD 370 mln
2013-05-07 05:51:00| Telecompaper Headlines
(Telecompaper) Chinese search services provider Baidu has acquired the online video business of internet video provider PPS for USD 370 million. Baidu and PPS expect the transaction to close in the second quarter, subject to customary closing conditions. Upon completion, PPS's online video business will be merged with Baidu's own video platform iQiyi. PPS will continue to operate as a sub-brand of iQiyi. The merger will generate synergies and will provide for an improved user experience as well as more content, Baidu said. After the acquisition, Gong Yu will continue to be CEO of iQiyi. Zhang Hongyu and PPS president Xu Weifeng will serve as co-presidents at iQiyi, and will be in charge of the PPS sub-brand and new business development.
Tags: online
business
video
usd
McAfee to acquire Stonesoft for USD 389 mln
2013-05-06 05:59:00| Telecompaper Headlines
(Telecompaper) McAfee has agreed to acquire Finland-based Stonesoft, a specialist in enhanced network firewall products, for USD 389 million in cash. Stonesoft delivers software-based cyber security to secure information flow and enhance security management. With Stonesoft, McAfee expects to grow its network security business by delivering complete network security with three platforms: McAfee's IPS Network Security Platform, McAfee's Firewall Enterprise, and Stonesoft's enhanced firewall.
Tablet shipments grow 142.4% to 49.2 mln units in Q1 - IDC
2013-05-02 10:22:00| Telecompaper Headlines
(Telecompaper) Worldwide tablet shipments grew by 142.4 percent to 49.2 million units in the first quarter, compared to 20.3 million units in the first quarter of 2012, according to IDC. Growth was fuelled by rising demand for smaller screen devices. Apple tablet shipments grew by 65.3 percent to 19.5 million units for a 39.6 percent market share as it saw sustained demand for the iPad mini. Samsung shipments increased by 282.6 percent to 8.8 million units for a 17.9 percent market share, driven by market traction for its smaller-sized tablets and the popularity of Android.
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