Pareteum Corporation and iPass, Inc. today announced that they have entered into a definitive agreement under which Pareteum will acquire iPass in an all-stock transaction whereby iPass shareholders will receive 1.17 shares of Pareteum common stock in an exchange offer.
Samsung
Samsung today announced its acquisition of Zhilabs, known for its Artificial Intelligence (AI)-based network and service analytics, to further enhance its 5G capabilities. The acquisition lays the foundation for Samsung to foster its 5G offerings of automation and network analytics to finely tune the customer experiences in the 5G era.
Samsung
Samsung released its official Q2 2018 earnings results today and results are in line with the guidance that Samsung issued earlier this month. It posted 58.48 trillion won or about $52 billion in revenue compared to 61 trillion won or $54.7 billion in the same period last year, a 4 percent dip.
yboo have just announced a long term funding deal over up to £2m that will support their 12 month growth strategy. As part of this strategy, yboo will be launching a B2B portal in which UK mobile operators will be able to access anonymised data of their audience - this will include their behaviours and usage. It will also allow them to see how their products rank against providers.
microsoft
Microsoft has just released fourth-quarter earnings results that sent shares up to new all-time highs. Revenue was $110.4 billion and increased 14%,  Operating income was $35.1 billion and increased 21%, Net income was $16.6 billion GAAP and $30.3 billion non-GAAP, Diluted earnings per share was $2.13 GAAP and $3.88 non-GAAP and GAAP results include a $13.7 billion net charge related to TCJA.
Dell has announced that it has reached an agreement with its Special Committee of independent directors to exchange the outstanding Class V tracking stock for Class C common stock of Dell Technologies or an optional cash election. Dell Technologies Class C common stock will become publicly listed on the New York Stock Exchange.
BlackBerry
BlackBerry today reported financial results for the three months ended May 31, 2018. BlackBerry's results were better than analysts were expecting, but a double-digit revenue decline and a worsening GAAP net income appears to be driving down the stock. Another factor would be that guidance for the full year calls for a slowdown in software and services growth compared to the first quarter.
BlackBerry
BlackBerry will hold its Annual Meeting of Shareholders on Wednesday, June 20, 2018 at 10 a.m. ET in Waterloo, Ontario. There will be a live audio webcast that can be accessed by registering here. It can also be accessed by dialing 1-877-385-4099 and entering Access code 7797528#.