IT Services and Consulting (TRBC)
BRIEF-Alibaba Group Unloads Shares In Alibaba Health Information Technology – HKEX Filings
July 17 (Reuters) – Hong Kong Stock Exchange Filings: * ALIBABA GROUP HOLDING LIMITED SAYS IT SOLD 154.0 MLN SHARES IN ALIBABA HEALTH INFORMATION TECHNOLOGY AT AVG PRICE OF HK$22.65 ($2.92) PER SHARE ON JULY 14 – HKEX FILING * ALIBABA GROUP HOLDING LIMITED’S LONG POSITION IN ALIBABA HEALTH INFORMATION TECHNOLOGY DECREASES TO 67.51% FROM …
U.S. RESEARCH ROUNDUP- Labcorp, ServiceNow, Zebra Technologies
April 30 (Reuters) – Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Labcorp, ServiceNow and Zebra Technologies on Thursday. HIGHLIGHTS * Labcorp : Keybanc cuts to sector weight from overweight * ONEOK Inc : Jefferies cuts to hold from buy * ServiceNow Inc : Piper Sandler cuts to …
Germany at odds with Apple on smartphone coronavirus contact tracing
BERLIN (Reuters) – Germany has chosen a home-grown technology for smartphone-based tracing of coronavirus infections, putting it at odds with Apple which has refused on privacy grounds to support the necessary short-range communication on iPhones. FILE PHOTO: People wearing protective face masks use a smartphone on a street amid coronavirus (COVID-19) concerns in Kiev, Ukraine …
UPDATE 1-Shopify to buy warehouse technology provider for $450 mln
(Adds investor and analyst comments) Sept 9 (Reuters) – Shopify Inc said on Monday it would buy warehouse technology provider 6 River Systems Inc for about $450 million, as it looks to accelerate growth of its fulfillment network. Shopify unveiled plans in June to spend $1 billion to run a warehousing network in the United …
BRIEF-Enea Signs Deal With US-Based Cloud Technology Company
June 14 (Reuters) – Enea AB: * SAID ON THURSDAY SIGNED AGREEMENT WITH TOTAL VALUE USD 2.8 MLN OVER TWO YEARS * AGREEMENT COVERING DEEP PACKET INSPECTION (DPI) TECHNOLOGY FOR A US-BASED MARKET LEADER IN CLOUD TECHNOLOGY * DEAL INCLUDES BOTH SOFTWARE LICENSES AND ASSOCIATED SUPPORT AND MAINTENANCE * REVENUES RECOGNIZED OVER 2019 AND 2020, …
G20 agrees to push ahead with digital tax: communique
FUKUOKA, Japan (Reuters) – Group of 20 finance ministers agreed on Saturday to compile common rules to close loopholes used by global tech giants such as Facebook to reduce their corporate taxes, a copy of the bloc’s draft communique obtained by Reuters showed. US Secretary of Treasury Steven Mnuchin (R, on podium) delivers a speech …
