Industry News

SS&C Technologies. "Given seasonal patterns, this result is in the normal range of historical variation.""/>
SS&C GlobeOp Forward Redemption Indicator: August notifications 3.86%
Nykaa seeks to explore beyond cosmetics [Mint, New Delhi]
Facebook will be playing-- literally. The social media giant announced that it will be creating its own gaming platform in cooperation with Unity Technologies, as reported by TechCrunch, who was able to speak with both firms."/>
Will Facebook play it right with its own gaming platform? [Khaleej Times, Dubai, United Arab Emirates]
StemCells. Following the announcement, StemCells' share price soared 598% on Nasdaq, and the company's market cap, which until then was $5.4 million, jumped to $30 million. Microbot, which develops miniature robots, was based on the inventions of Technion-- The Israel Institute of Technology Prof."/>
Microbot jumps 600% after merging into US co StemCells [Globes, Tel Aviv, Israel]
Trend Micro Inc., has held several executive positions at the company, prior to which he worked in the German air force for 12 years in radar guidance and aircraft tracking. In an interview in Mumbai, Genes spoke about cybersecurity trends in the digital world, and how his team is working to protect users and companies from these threats. Can we really compute the cost of cybercrime?"/>
Cybercriminals yet to figure how to make money from IoT: Raimund Genes [Mint, New Delhi]
Just Dial Ltd's shares have more than halved in value in the past year, after having fallen over 40% in 2014. After such a steep correction, one would have imagined valuations are cheap. But the stock still trades at over 23 times trailing earnings, that too at a time when core earnings are declining sharply."/>
Justdial's chase for growth has hit margins badly [Mint, New Delhi]
Gartner released on Thursday. "India is contributing significantly to the worldwide growth in smartphone sales" Anshul Gupta, research director at Gartner, said. All emerging markets, except Latin..."/>
Emerging markets, led by India, drive smartphone sales growth [Mint, New Delhi]
Facebook and Instagram are targeting him over his political views. TJ Kirgin, the owner of gear store Tactical Sh* t, said his company's Instagram account was shut down without notice some time Wednesday."/>
St. Charles gear, gun parts store riled by Instagram takedown [St. Louis Post-Dispatch]
XG Technology Inc., the Sarasota-based cognitive radio company, reported a loss of $6 million, or 98 cents per share, in the second quarter, according to a filing Thursday with the U.S. The results compared with a loss of $6.3 million during the same quarter a year ago, the filing showed. Revenues were $1.66 million for the quarter, compared with $374,000 in the year-ago period."/>
XG reports $6.3 million loss, revenues up substantially [Sarasota Herald-Tribune, Fla.]
East Bay Times Troy Wolverton column [East Bay Times]
NEC Corporation today announced that NEC Latin America concluded an acquisition agreement for Brazil-based IT Security business Arcon Informatica S.A. as part of reinforcing IT Services in the region. Since its establishment in 1995, Arcon has successfully promoted business through Cyber Security consulting and managed security services, while building a portfolio of leading customers that spans the energy, finance, telecommunications and..."/>
NEC Acquires Brazil-Based IT Security Business Arcon
NEC Corporation today announced its selection by TV GLOBO as a technical partner for the construction of a live 8 K terrestrial broadcasting system to be trialed in Rio de Janeiro, Brazil from August 5 to 21. TV GLOBO's live 8 K terrestrial broadcast trial features high- definition transmission that exceeds both Full HD and 4 K, while providing an advanced super-high definition experience for viewers. NEC is contributing to this trial with sophisticated..."/>
NEC Selected by TV GLOBO for the Demonstration of Live 8K Terrestrial Transmission

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