BNP Paribas, Société Générale and Banque Postale will launch PayLib, their own online payment service today. The banks are hoping to challenge market leader PayPal with this new
» Read more
behind game developer Nintendo, Hiroshi
Yamauchi, passed away last week in Kyoto, Japan. In his 53-year reign as president of
Nintendo, he shifted the focus from playing cards and toys to video games.
» Read more
photo company Eastman Kodak is getting a new lease on life now that a
New York court has approved the recovery plan. However, the ‘new’
company will not be comparable at all to the former producer of cameras
and film and it will end its life as retailer.
has brought in a retailing executive from Levi’s, Enrique Atienza, to
oversee the American retailing activities from October onwards. He
arrives at a critical time for the company, as it looks to launch a new
line of iPhones and iPads.
CEO of Blackberry Thorsten Stein has announced in a press release that a special committee has been founded within Blackberry. It will take a closer look at the future of Blackberry - probably meaning that Blackberry is for sale. Last year Blackberry already worked with a number of business banks for the same reason.
English electronics chain Dixons has opened a new concept store in the South terminal of London Gatwick airport. This way the chain confirms it wants to make the travel market into a valuable sales channel.
Technology giant Google has invested in Taiwanese Himax Displays, which makes parts that can be used in the internet glasses Google Glass. Google is probably planning on going into mass production with the Google Glass starting as early as next year.
Electronics giant Apple has sold far fewer iPads and Macs in the third quarter of its financial year 2012/2013. That bad piece of news was partly compensated by an unexpected rise in sales of iPhones, but profits still dropped 22% to 6.9 billion dollar, about 5.2 billion euro.
an end has come to the soap involving the restart of entertainment chain
Free Record Shop. The new CEO of the chain will be Ronald van Geest, former CEO
of chain of bookshops AKO. It has also been confirmed that 75% of shares will
go to ProCures and a minority interest of 25% has been set aside for founder
producer of luxury televisions Loewe has gotten three months of protection
against its creditors from the court. During that period the ailing company
will have to find new investors and it will have to formulate a recovery plan.
This should include expanding its products to include sets for the higher middle
segment of the market.
Bose, the founder of the company by the same name, has passed away at the age
entertainment chain Free Record Shop is making a restart with investment group
ProCures. Earlier the group had declared it was no longer interested. The deal is
not completely done though: one candidate buyer is filing a complaint with the
bankrupt multimedia chain Free Record Shop is making a
restart, keeping all Belgian stores. In the Netherlands a “reasonable amount of
shops” will be saved, but some people will lose their jobs.
keep on taking hits: research bureaus IDC and Gartner both recorded a drop
of more than ten percent in PC sales in the second quarter of the year. Meanwhile things
have also changed at the top of the PC business: Lenovo is the new market
leader, at the expense of HP.
electronics group Media-Saturn, which recently bought online shop Redcoon, is demanding the same purchasing conditions for its online subsidiary as for its
chains Media Markt and Saturn. The problem is that the offline chains are many times larger than
Redcoon, so the demands of Media-Saturn are causing some irritations with
of expensive smartphones tend not to fulfil expectations of late: Apple had the
problem first and now it seems Samsung’s turn. The South Korean company has adjusted its expectations for operational profit between early April and end of
June: 9.3 to 9.7 trillion won, about 6.29 to 6.56 billion euro. Eventually that
number was at 10 trillion won.