Microsoft and LinkedIn have announced they have entered into a definitive agreement under which Microsoft will acquire LinkedIn for $196 per share in an all-cash transaction valued at $26.2 billion, inclusive of LinkedIn’s net cash.
LG has unveiled plans to develop and deploy its own mobile payment service which will be called LG Pay. LG has currently completed agreements with two large Korean credit card companies, namely Shinhan Card and KB Kookmin Card.
Microsoft today announced that revenues for the quarter ended June 30, 2015 were $22.2 billion. Gross margin, operating loss, and loss per share for the quarter were $14.7 billion, $(2.1) billion, and $(0.40) per share, respectively.
Apple Pay UK
Apple Pay has officially launched in the UK. Apple Pay will allow iPhone users to "tap-and-pay" with their smartphones and Apple Watch for the first time, marking the first time the software will be available outside the US.
Visa-Payments
Visa on Thursday announced that it has partnered with Google through the new Android Pay platform, opening up new secure Visa payment options to financial institutions and merchants around the world working within the Android eco-system.
LG today announced unaudited first-quarter net profit of KRW 38.4 billion (USD 34.91 million) and operating profit of KRW 305.2 billion (USD 277.45 million), up significantly from the previous quarter.
Apple will announce Q2 FY15 earnings on April 27, 2015. Apple will provide live audio streaming of its FY 15 Second Quarter Results Conference Call using Apple’s industry-leading QuickTime multimedia software.
SAP today announced its financial results for the first quarter ending March 31, 2015. SAP again delivered exceptionally strong growth in the cloud. First quarter non-IFRS cloud subscriptions and support revenue grew 131% year-over-year.
Hutchison Whampoa will become the UK's biggest mobile phone operator after agreeing a deal to buy O2. The 10.25 billion-pound ($15.3 billion) price includes an initial sum of 9.25 billion pounds in cash, with a deferred payment of £1 billion
Visa Europe today announces its plan to launch a tokenisation service customized for the needs of the European market. Tokenisation technology will be at the heart of new mobile payment solutions and has been hailed as one of the best data protection and fraud prevention methods available.
SAP today announced the general availability of the SAP Cloud for Planning solution. SAP Cloud for Planning ushers in a new generation of planning in the cloud, simplifying planning processes with a consumer app–like user experience.
Although nearly half of UK consumers (43%) use a smartphone banking app, and more than a third (34%) are using an app at least one a week, new research shows that, of the generation of mobile apps currently available from five leading UK banks, there is considerable room for improvement.
Receipt Bank has announced the launch of its new iOS mobile app. The new app is a ground-up build that replaces the previous one, released in 2012. The app includes a simpler user interface alongside a super-quick submission method onto users’ Receipt Bank accounts and, for the first time, directly into a range of cloud accounting software platforms.
BT Group
BT has announced that, further to its statement on 24 November 2014, it has entered into an exclusivity agreement with Deutsche Telekom and Orange in relation to BTs possible acquisition of all of their UK mobile business, EE. The period of exclusivity will last several weeks allowing BT to complete its due diligence and for negotiations on a definitive agreement to be conclude