FRANKFURT, Oct 6 (Reuters) – Telecoms company Truphone will
forge ahead with rapid expansion of its ground-breaking new
business model, its chief executive said on Monday, as it seeks
to reverse deepening losses stemming from heavy investment in
the reinvention of its global network.
Previously known for its smartphone app for low-cost
internet calls, Truphone has spent 200 million pounds since 2011
rewiring itself into a network for frequent business travellers
and regular international callers.
FRANKFURT (Reuters) – To its detractors, Rocket Internet (RKET.DE: Quote, Profile, Research, Stock Buzz), which on Thursday completed Europe’s largest e-commerce flotation in a decade, is either a shameless copycat of others’ business ideas or, more harshly, an apocalyptic harbinger of the next tech bubble.
Copycat, clone, mimic, “thief” and worse are labels that have been thrown at Rocket’s founders, the Samwer brothers, as they have built up Europe’s most successful Internet company creation franchise, leaving many bruised egos along the way.
FRANKFURT (Reuters) – ARM Holdings Plc said on Wednesday it was introducing software to make the proliferating number of Internet-connected devices many consumers surround themselves with more manageable and secure.
The Cambridge-based chip designer said it was looking to expand dramatically the lifespan and manageability of the many network-connected products running its embedded microprocessors — from home appliances to car features to wearable devices.
LONDON (Reuters) – Law enforcers in Europe need greater powers to retain data for longer in order to catch cybercriminals selling discrete services that police cannot trace under existing regulations, according to a Europol report published on Monday.
Cybercrime is increasingly conducted by a highly specialized chain of software break-in experts, underground market-makers and buy-side fraudsters who convert stolen passwords and identities into financial gains. Criminals can keep data for months or even years before using it to defraud victims.
LONDON (Reuters) – The mobile Internet economy remains mostly uncharted territory for app publishers, their competitors, the advertisers who support them, and investors deciding where to place their bets.
Now Israeli start-up SimilarWeb Ltd. is expanding its service for measuring computer usage into the mobile Internet realm and the apps where users spend the overwhelming bulk of their time on smartphones.
FRANKFURT (Reuters) – Rocket Internet, the global e-commerce investor, will take a more hands-on role in its stable of companies through a stock market listing which was fully subscribed within the first hour of taking orders, it said on Wednesday.
The German company is riding the coattails of last week’s successful listing by Chinese rival Alibaba (BABA.N: Quote, Profile, Research) and on Tuesday said it was doubling the amount of money it planned to raise in its share sale to 1.48 billion euros ($1.9 billion).
FRANKFURT (Reuters) – Rocket Internet, the global e-commerce investor, will take a more hands-on role in its stable of companies following a stock market listing which was fully subscribed within the first hour of taking orders, it said on Wednesday.
The German company is riding the coattails of last week’s successful listing by Chinese rival Alibaba and on Tuesday said it was doubling the amount of money it planned to raise in its share sale to 1.48 billion euros ($1.9 billion).
FRANKFURT (Reuters) – In the hype-fueled technology industry, “revolutionary” is a word in danger of losing its meaning.
But Apple Inc’s (AAPL.O: Quote, Profile, Research, Stock Buzz) new mobile payments system – unveiled just ten days ago – is already winning over the heavyweights of the financial industry and signaling the likely demise of lesser payment alternatives.
FRANKFURT, Sept 17 (Reuters) – Zalando (IPO-ZLDO.F: Quote, Profile, Research, Stock Buzz),
Europe’s biggest online fashion retailer, priced its initial
public offering on Wednesday in a range of 18.00 to 22.50 euros
per share, which could value the company at up to 5.6 billion
euros (US$7.20 bln).
The Berlin-based company said it aimed to raise between 507
million euros ($655.20 mln) and 633 million euros ($814.29 mln),
including potential over-allotment shares.