Samsung buys 10% Pantech stake

Samsung Buys 10% of Pantech for $48 Million

Samsung Electronics today buys about 10% of the shares of a competing manufacturer of mobile phones and smartphones Pantech.

South Korea's Pantech is the third largest after Samsung and LG. According to analysts, the transaction value is about 53 billion Korean won, or $ 48 million. In a joint statement, the parties said the deal will help strengthen bilateral cooperation in the field of smart phones and other lines of business.

With today's purchase securities Pantech, Samsung has become the third largest shareholder in the company after the American Qualcomm and Korean State Development Bank of Korea. The latter two own stakes in 11.96% and 11.81% stake in Pantech. As explained in the Samsung, their company has links with Pantech in semiconductor manufacturing and display industry.

Investor Warren Buffett launched a blog on Twitter

The legendary American investor Warren Buffett opened his microblog at Twitter.

Until now, Buffett has been known in the corporate environment as one of the most distant from the information technology investors and economists. Meanwhile, he discovered the blog Sage of Omaha could become one of the most widely read.

Now users to actively "Follows" Buffett. Only in the last three hours about 10 000 people have signed up for his blog. Now the total number of followers exceeds blog Buffett's 233,000 members, although only two blog posts, one of which - is "Warren is in the house".

The world's largest Bitcoin exchange, Mt. Gox, was sued by CoinLab

In February of this year, the world's largest virtual currency exchanger Mt.Gox, based in Japan, entered into an agreement with the American company CoinLab, under which CoinLab Bitsoin becomes the operator of all transactions conducted on Mt.Gox users from the United States and Canada.

Initially stated that CoinLab has partnered with a group of American banks, which could contribute to the output of the virtual currency Bitcoin offline.

But now the partnership seems to have collapsed. CoinLab sued Mt.Gox, accusing the latter of not fulfilling the contractual terms that were reached in November last year. Signed a legal agreement called for the transfer of Bitcoin-North American operations under the management of CoinLab in March. However CoinLab say that this has not happened.

Commercial using of Wi-Fi

Commercial access to services based on Wi-Fi available in places such as Internet cafes, airports and coffee shops around the world (usually these places are called Wi-Fi-cafe), but their coverage can be considered a point in comparison with cellular networks:

- Ozone and OzoneParis France. In September 2003, the beginning of Ozone network deployment OzoneParis through The City of Lights. The ultimate goal - the creation of a centralized network Wi-Fi, fully covering Paris. The basic principle of Ozone Pervasive Network is that it is a network of national scale.

- WiSE Technologies provides commercial access in airports, universities, and independent cafes in the United States;

- T-Mobile provides the network of hotspots for Starbucks in the U.S. and the UK, as well as more than 7,500 hotspots in Germany;

The largest DDoS-attack on the stock exchange Bitcoin - Mt.Gox

The representative of the victims feel that their actions are trying to bring down the rate of fraudsters Bitcoin.

April morning of the fourth exchange Bitcoin - Mt.Gox faced massive DDoS-attack. Note, that this exchange is about 70% -80% of all exchange transactions with e-currency. The attack caused the violation is of the transaction.

Representatives of Mt. Gox said they guess the motive for the attack. Since the last few days Bitcoin value rose to a record $ 142, then the instability in the market, in this case, the DDoS-attack that can significantly reduce the cost, as well as "cause panic among users."

Analysts estimated sales of Windows 8

According to research by Net Applications, at the end of the first quarter 2013 sales of Windows 8 have increased from 2.79% to 3.31%.

Moreover, despite the fact that Windows 7 previously suffered losses, it grows again with a share changed from 44.55% to 44.73%. Market share of Windows Vista dropped to 5%, according to the portal thenextweb.com.

Analysts have seen a rapid growth in sales of Windows 8, which they had hoped. The share of Windows 7 in March increased, while last month it grew by only 0.07%, and in January - has fallen by 0.63%, the first failure in the market after the operating system on the market. The experts also noted a drop in sales of Windows Vista 5.17% to 4.99%.

Visa and iBox launched a joint mobile payment terminal

Visa and company ibox, provides mobile acquiring, today launched a new solution for the payment by cards - mobile terminal ibox.

Mobile payment terminal ibox - ibox-reader - a reader that connects to your phone or tablet running iOS or Android.

Ibox for individual entrepreneurs and companies with a large network of agents - insurance companies, courier services, taxi services, meal delivery and network marketing.

Votlichie from traditional bank acquiring iboxne requires the purchase of expensive equipment and is available to all businesses regardless of their sales volume.

From a marketing point of view, this decision is competing with a number of previously featured mobile payment terminals, such as NFC-service company PayPal, a Swedish product iZettle Square or from the creators of Twitter.

Ericsson wants to buy Microsoft's IPTV software

According to the agency business to Bloomberg, the Swedish telecom equipment maker Ericsson is in talks with Microsoft regarding the purchase of its units for the production of solutions for Internet TV (IPTV).

Microsoft IPTV solutions are focused on large telecom operators offering customers mobile TV, TV on demand and classic webcasts.

Sources close to the companies say that while all aspects of the transaction likely Microsoft and Ericsson have not agreed, but on the achievement of a final agreement could be announced in the next couple of weeks. Officially, neither Microsoft nor Ericsson this information is not confirmed. Bloomberg says nothing about the possible price of the transaction.

PayPal migrate to Openstack

Internet companies eBay and PayPal have decided to refuse from systems virtualization and cloud VMware and transfer a certain amount of open system servers to OpenStack.

Just eBay and PayPal now has about 80,000 servers. This was in an interview with Business Insider said board member OpenStack Foundation Boris Rennes.

Rennes also works for Mirantis, co-founder of which he is, and says that they are working on practical implementation of OpenStack and now many Western companies are now actively discussing the transition to cloud solutions for open source. Earlier Mirantis also worked on OpenStack with Dell, Intel and several other IT companies worldwide.

Rennes says that now his company is working with PayPal and advises on the implementation of OpenStack, and gave their own PayPal solution Fuel production.

According to him, the first phase of transition, PayPal would lead to about 10 000 VMware servers. By summer, these machines must earn based OpenStack. Further, the company will evaluate the results of transition and may continue further introduction.

Hon Hai improved quarterly financial results

The company Hon Hai Precision Industry, the world's largest contract manufacturer of computers and smartphones, today published a report on a record quarterly profit amid increased volumes of previously received orders to release Apple iPhone and iPad.

In the fourth quarter, net sales increased by 5.6% to $ 37 billion New Taiwan dollars, or 1.2 billion U.S. dollars. Analysts on average expected the company this figure at 35.9 billion Taiwan dollars.

Earlier Hon Hai reported that faced with a number of production problems related to release of the iPhone 5, but by the end of the year was solved, so Hon Hai was able to increase revenue.

On the other hand, since the beginning of the year, analysts say the falling demand for the iPhone and iPad, which could adversely affect future earnings Hon Hai. In addition to the commercial production and assembly of electronic components Hon Hai is increasingly competing with Korean Samsung Electronics, which may also affect the income of the first.

Consolidated revenues in the reporting period increased by 6% to NT $ 1.14 trillion, against 1.13 trillion a year earlier. For the entire 2012 Hon Hai a profit of 81.6 billion Taiwan dollars, revenue was NT $ 3.9 trillion, up from last year's total by 13%.

Hon Hai Precision Industry Co., Ltd., trading as Foxconn: From Wikipedia