Visit our other websites:    Consumer IT    On CE    Mobile Channels    ECI news    rAVe Europe    Digital Signage News    

 

eSP - IT Solution Providers in Europe

  • Full Screen
  • Wide Screen
  • Narrow Screen
  • Increase font size
  • Default font size
  • Decrease font size

Industry News

Staples Finds Buyer With Sycamore

E-mail Print PDF
Staples Finds Buyer With Sycamore

Following months of speculation on the fate of the office supply chain, Sycamore Partners emerges as the buyer of Staples in a deal worth $6.9 billion, the largest acquisition for the private equity firm.

The announcement comes just over 13 months after the federal judge dashed the $6.3bn acquisition of Staples by rival Office Depot over fears the merger would create an office supply monopoly.

“With an iconic brand, a winning strategy, and dedicated and passionate associates who are deeply focused on the customer, Staples is truly an outstanding enterprise,” Sycamore says. “We have tremendous confidence in CEO Shira Goodman and great respect for the Staples management team and are excited about this opportunity to partner with them to accelerate long-term profitability.”

Read more...

EU Fines Google €2.42 Billion!

E-mail Print PDF
EU Fines Google €2.42 Billion!

European antitrust officials declare Google gives own services an "illegal advantage" in search results-- and as a result the European Commission fines the search giant €2.42 billion.

The illegal advantage in question pertains to the Google Shopping search comparison service. Google is accused of not only giving prominent placement to its own comparison shopping service when consumers enter a query in the Google search engine, but also demoting rival services in its search results. According to the officials even the most highly ranked rival service appears on page 4 of Google search results, and others appear further down.

Furthermore, such illegal practices are said to have boosted traffic to Google Shopping "significantly," at the expense of rivals suffering "very substantial" traffic losses. For instance, certain rivals have experienced sudden traffic losses of 85% in the UK, up to 92% in Germany and 80% in France-- and such drops cannot be explained by other reasons.

Read more...

Iteto: Digital Disruption Accelerates in the Nordics

E-mail Print PDF
Iteto: Digital Disruption Accelerates in the Nordics

Nordics executives expect more radical digital disruption in the future, the Future Perspectives study reveals-- 7 out of 10 believe their current business model will be obsolete in the next 5 years, if not earlier.

Conducted by Kairos Future on behalf of Tieto, the study involves 500 executives from a wide range of industries across Finland, Sweden and Norway. It shows 69% of Nordic leaders estimate the rate of disruption will accelerate in the next 5 years, with 74% foreseeing disruption coming from outside their industry. The main driver of such disruption? Tech startups.

The survey respondents point out financial services, media, and retail and wholesale industries as the most heavily disrupted by tech players. Sweden sees the most disruption (at least according to 51% of execs), followed by Norway (38%) and Finland (34%). Media, retail and healthcare are anticipated to have the shortest business model lifespans, with a life of 3 years before becoming obsolete.

Read more...

DigiTimes: Mining Drives Graphics Cards

E-mail Print PDF
DigiTimes: Mining Drives Graphics Cards

According to DigiTimes the want for improved graphics in games is not the only driver for the GPU market-- customers also use graphics cards for Bitcoin mining, following recent price increases for the successful cryptocurrency.

For the curious, this week saw 1BTC reach the record worth of over $2900. Back in March 2017 the price was around $1000, making for nearly a 300% increase in value in the space of 3 months.

As a result, the graphics card market is enjoying "strong" Q2 2017 sales, despite the quarter being the traditionally slow season. The most popular cards for Bitcoin mining are AMD-based, but Nvidia cards also see increased demand despite higher prices. Either way, the increase in the popularity of Bitcoin mining has lead to the two companies planning cards designed specifically for the task.

Read more...

Micron Updates on GDDR5X, GDDR6 Development

E-mail Print PDF
Micron Updates on GDDR5X, GDDR6 Development

Micron releases an update on the development and production of GDDR5X and GDDR6 memory products-- the company plans to introduce improved GDDR5X chips soon, while GDDR6 is to hit mass production on early 2018.

The company first launched "G5X" memory chips at 10Gbps speeds, but now it supplies them in 10, 11 and 12Gdbps, with production focusing on increasing data rates and yields. Currently, the Nvidia Titan Xp GPU uses "Micron's next-gen G5X at 11.4Gbps, which is now in mass production."

Read more...

Page 3 of 76