Reuters editorial innovation director, London
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Apr 23, 2015

Logitech kills off computer mouse, looks to wireless

FRANKFURT (Reuters) – Gadget maker Logitech International SA (LOGN.S: Quote, Profile, Research, Stock Buzz) said on Thursday quarterly operating profit fell 34 percent on steep currency declines and shrinking demand for accessories like the computer mouse on which it built its global brand name.

Nonetheless, strong demand for newer music and video accessories helped profits to come in higher than all analyst forecasts.

Apr 22, 2015

Peugeot, IBM working to connect cars to shops and servicing

FRANKFURT (Reuters) – PSA Peugeot Citroen (PEUP.PA: Quote, Profile, Research, Stock Buzz) and IBM (IBM.N: Quote, Profile, Research, Stock Buzz) are working together to hook cars up to the Internet, going beyond mapping and infotainment to link vehicles up to shops, service networks and urban transport grids, the companies said on Wednesday.

Financial terms of the new, seven-year partnership were not disclosed. The agreement to develop new types of valued-added services for vehicles builds on an initial partnership between the automaker and technology consultant announced a year ago.

Apr 21, 2015

SAP profit in line with forecasts as sales surge, aided by cheap euro

FRANKFURT (Reuters) – The weaker euro boosted revenue at German business software maker SAP in the first three months of the year and drove operating profit up 15 percent, although a rise in newer cloud-based software sales squeezed margins.

Europe’s largest software company said on Tuesday its first-quarter operating profit, excluding special items, rose to 1.06 billion euros ($1.13 billion), matching the average of forecasts given by analysts in a Reuters poll.

Apr 21, 2015

SAP profit in line as sales surge, aided by cheap euro

FRANKFURT (Reuters) – The weaker euro boosted revenue at German business software maker SAP in the first three months of the year and drove operating profit up 15 percent although a rise in newer cloud-based software sales squeezed margins.

Europe’s largest software company said on Tuesday its first-quarter operating profit, excluding special items, rose to 1.06 billion euros ($1.13 billion), matching the average of forecasts given by analysts in a Reuters poll.

Apr 17, 2015

Google’s EU showdown offers openings to competitors

FRANKFURT (Reuters) – Start small, win quick, then move on to bigger issues.

That appears to be the European Union’s strategy to pursue Google (GOOGL.O: Quote, Profile, Research, Stock Buzz) in a competition dispute by choosing to push a narrow set of charges around its shopping service, while opening another investigation of Google’s Android mobile phone software.

Whether or not the EU succeeds in branding Google a market-abusing monopolist in web search – a big if, given that the competition authority has yet to publish its exact charges – the Internet giant could be pinned down for years to come in regulatory procedures and legal appeals.

Apr 15, 2015

EU case against Google centers on value of price comparison sites

FRANKFURT (Reuters) – EU accusations that Google
is abusing its dominant position in web searching to favor its
own sites over rivals’ center on a controversy nearly as old as
the Web itself: do shopping comparison sites help consumers to
make better choices, or do they simply link to other sites they
don’t control?

Google has long held the lion’s share of the market for how
consumers search for websites in most countries. But it is
complaints by niche e-commerce players over how their shopping
sites are ranked in Google search results that form the core of
the issues on which the European Union is now set to act.

Apr 8, 2015

Apple faces local battles as its prepares global payments push

FRANKFURT (Reuters) – Apple (AAPL.O: Quote, Profile, Research, Stock Buzz) has made mobile payments look easy, after a decade of mostly failed experiments by banks, telecom operators and retailers to woo consumers away from cards and cash.

Apple Pay has taken the United States by storm since its launch in September, and the company has said it already accounts for around $2 out of every $3 spent using “contactless” payments on the three big U.S. card networks.

Apr 8, 2015

Global Fashion Group hires ex-Amazon.com exec as CEO

FRANKFURT, April 8 (Reuters) – Global Fashion Group (GFG),
formed out of five Kinnevik- and Rocket Internet-
backed online fashion start-ups active across dozens
of emerging markets, has hired the former head of Amazon
France as its new chief executive.

The newly merged company said on Wednesday it is taking 32
million euros ($34.7 million) of new financing from Tengelmann
Ventures and Verlinvest at the same 2.8 billion euro valuation
as when the five-company merger was first announced in early
September.

Mar 29, 2015

Interoute eyes roll-up of European and U.S. cloud network firms

FRANKFURT (Reuters) – Britain’s Interoute, a high-capacity data network and corporate cloud services provider, is taking on new private equity investors to fund acquisitions across Europe and the United States, the company said on Monday.

Aleph Capital Partners, a UK investment firm headed by former Goldman Sachs European private equity investment chief Hugues Lepic, and Crestview Partners, a U.S. private equity firm founded by ex-Goldman colleagues, have agreed to buy a 30 percent stake in London-based Interoute.

Mar 27, 2015

New apps to help business get in step with mobile customers

FRANKFURT (Reuters) – Nine months after Apple and IBM began working together on building mobile apps for businesses, some of the first fruits are about to appear at UK pharmacy chain Boots, which has begun equipping store employees with iPads to serve shoppers in the aisles.

These customer service apps are part of a bid by Boots to encourage consumers to pre-order cosmetics and toiletries online, similar to calling ahead for medical prescriptions, while turning its 2,500 retail outlets into convenient pick-up points.

    • About Eric

      "Eric Auchard is editiorial innovation director at Reuters News. He builds tools to help journalists at the world's largest news organization report, edit and present the news. In 2009, Eric was a technology investment columnist for Reuters. Previously, he was the chief technology correspondent from 2000 to 2008. His main focus was covering consumer Internet trends, global technology competition and emerging technologies. He has worked for Reuters covering technology news since 1993. He began covering politics for Reuters in in California in 1992, then moved to Washington. He moved to New York and switched to technology writing for Reuters late in 1993. ..."
      Joined Reuters:
      1993
      Languages:
      English
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