Europe is in the vanguard of the digital revolution, particularly in mobile services where it remains ahead of the US, in terms of penetration and service availability. Europe also leads the world in the following areas: penetration of broadband internet; digital television, including terrestial and broadcast and IPTV; level of e-commerce, including music downloads; and online advertising.
Fujitsu of Japan is buying Siemens' 50% stake in their European IT joint venture. The takeover is the latest example of consolidation in the technology industry in response to intense competition and sluggish demand. Fujitsu will pay about €450m ($584m) for Siemens' stake in Fujitsu Siemens Computers, which supplies PCs, servers and other IT hardware in Europe.
Simon Fox, 05 November 2008
Warner Brothers Entertainment will release its films online in South Korea before they are released in the country on DVD, in a major break from the established Hollywood distribution model which could lead to a big increase in movie downloads. The film studio, which is part of Time Warner, has...
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Sarita Jones, 15 October 2008
T-Mobile has announced the launch of the first smartphone to be powered by the Google Android operating system but the phone will not be available to customers until early November 2008. Android is promoted as open source with plenty of room for customization, but the new T-Mobile G1 phone is...
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Reiko Uchida, 24 September 2008
Best Buy, the largest US consumer electronics retailer, is acquiring Napster, the music download provider, for $121m as it seeks to establish itself as a significant player in the global market for mobile devices and digital services.
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Simon Fox, 16 September 2008
BankInvest, the Danish investment group has joined Amadeus Capital and 3i to invest a total of $18m (£10m) in Nujira, the Cambridge,UK based technology company which makes high-efficiency power amplifier technology for radio transmitters. The company was awarded a Red Herring 100 Europe award...
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Michelle Wong, 15 September 2008