FRANKFURT, Aug 26 (Reuters) – Velostrata, a year-old
start-up founded by a successful Israeli software entrepreneur,
on Wednesday revealed plans to offer hybrid cloud software that
lets organisations offload local business data more securely to
public cloud services.
In addition, Velostrara said it had raised $14 million in
early stage, Series A funding from established venture financers
Norwest Venture Partners and 83North, which previously operated
as the Israeli arm of Greylock Partners.
By Eric Auchard and Peter Maushagen
(Reuters) – Apple Inc patents covering the “slide
to unlock” feature on smartphones are invalid, Germany’s highest
appeals court ruled on Tuesday, reaffirming a 2013 decision
rejecting the U.S. company’s claims by a lower court.
The ruling by the Federal Court of Appeals in Karlsruhe
covers one of the Apple iPhone’s most popular defining features,
of which makers of rival Android-based phones have developed
their own versions.
FRANKFURT (Reuters) – Smartphone apps that help people learn languages for free or nearly free, a few sentences at a time, are piling pressure on established education firms and setting the pace for how to make lessons more engaging.
Phone and tablet-based mobile products from newcomers like Germany’s Babbel, Britain’s Memrise and U.S.-based Duolingo have overtaken names like Berlitz and computer self-learning pioneer Rosetta Stone in terms of audience, if not yet sales or teaching sophistication, market researchers say.
FRANKFURT, Aug 11 (Reuters) – BMW on Tuesday said
it was looking into whether Google infringed any
trademark rights after the Silicon Valley-based group set up a
new company called Alphabet, which is also the name of a BMW
“We are examining whether there are any implications over
trademarks,” a BMW spokeswoman said on Tuesday. The spokeswoman
said there were currently no plans to take legal steps against
FRANKFURT/HELSINKI (Reuters) – Nokia NOK1V.HE is hiring software experts, testing new products and seeking sales partners as it plots its return to the mobile phone and consumer tech arena it abandoned with the sale of its handset business.
Once the world’s biggest maker of mobile phones, the Finnish firm was wrongfooted by the rise of smartphones and eclipsed by Apple (AAPL.O: Quote, Profile, Research, Stock Buzz) and Samsung (005930.KS: Quote, Profile, Research, Stock Buzz). It sold its handset business to Microsoft (MSFT.O: Quote, Profile, Research, Stock Buzz) in late 2013 and has since focused squarely on making telecoms network equipment.
FRANKFURT/PARIS, Aug 4 (Reuters) – Apple Inc, the
world’s most profitable mobile phone maker, has denied a report
that it is working on a plan to market communications services
directly to consumers that would bypass telecom operators on
which it now relies to deliver services.
Business Insider had on Monday reported that the iPhone
maker was testing a so-called mobile virtual network operator
(MVNO) service in the United States, which would involve it
renting capacity from one or more network operators to sign up
its own customers.
FRANKFURT/HELSINKI (Reuters) – German carmakers BMW, Audi and Mercedes, will pay around 2.5 billion euros ($2.75 billion) to buy Nokia’s maps business, a transformational deal that will help them to develop self-driving cars.
Daimler BMW and Audi will each hold an equal stake in the business, known as HERE, keeping it from falling into the hands of a new rivals which are emerging from Silicon Valley.
FRANKFURT, July 30 (Reuters) – Results from Europe’s big
chipmakers show business conditions have deteriorated quickly in
previously healthy markets for auto electronics and industrial
components, adding to concerns over the industry’s traditional
drivers – computers and phones.
Caught up in the downdraft are no longer just circuit makers
dependent on the timing of the next upgrade of Apple
iPhones or the next version of Microsoft Windows to
drive fresh demand for personal computers.
July 30 (Reuters) – NXP, set to become Europe’s
largest chipmaker after buying U.S.-based Freescale,
booked an 89 percent rise in second-quarter net income driven by
strong sales of payment chips, but forecast weak third-quarter
growth in its auto unit.
The Dutch company, formerly known as Philips Semiconductors,
also said revenue for the fiscal second quarter ended July 5
rose 11.6 percent to $1.51 billion.
FRANKFURT, July 28 (Reuters) – Business planning software
start-up Anaplan is nipping at the heels of industry leaders SAP
, Oracle and IBM, with sales of its
cloud-based service tripling in each of the past three years as
it seeks to shake up the market.
Customers are demanding more flexible ways to use business
planning software, which crunches corporate data to allow
companies to forecast growth and set performance goals.