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Huawei sells 500,000 tablets in Colombia in less than 1 year

2014-09-23 15:38:00| Telecompaper Headlines

(Telecompaper) Chinese company Huawei has already sold nearly 500,000 tablets in the Colombian market over the last twelve months, Comunidad Ola reports, citing Huawei Colombia general manager Cui Wei. According to the executive, Huawei has commercial alliances with local telcos Claro, Movistar, Avantel and UNE in the tablets segment. Wei also said that the firm is seeing good business opportunities for the company's network and services units.

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McGraw-Hill Sells ENR and Construction Group to Equity Investor

2014-09-23 00:37:52| ENR.com: Headline News

The buyer of McGraw-Hill units is Symphony Technology Group in Palo Alto, Calif. in deal set to close by December.

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Apple Sells 'Record' 10M iPhones Over the Weekend

2014-09-22 18:38:24| PC Magazine Cell Phones Product Guide

Apple has sold more than 10 million iPhone 6 and 6 Plus handsets since the phones made their debut this Friday.

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Apple sells 10 million iPhone 6 and 6 Plus in the first weekend, surprising no one

2014-09-22 17:25:15| Extremetech

Apple has sold 10 million of the new iPhone 6 and iPhone 6 Plus in the first three days of going on sale, following its release on Friday, September 19. Interestingly, Tim Cook says the company could've sold 'many more iPhones' if the supply chain had been strong enough -- but alas, the large-screen iPhone is now so popular that Apple and its Chinese partners simply can't make phones fast enough.

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Alibaba sells more shares in record IPO

2014-09-22 16:32:00| Telecompaper Headlines

(Telecompaper) Alibaba has granted the underwriters of its IPO the right to sell another 48 million shares in the Chinese internet company, after strong demand for the listing. In the initial offering, Alibaba sold 123.1 million American Depositary Shares, and its shareholders Yahoo, Jack Ma and Joe Tsai sold together 197.0 million shares. The offering was priced at the opt end of the indicated range, at USD 68 per share. After under writing discounts and commissions, the net proceeds were USD 8.3 billion for Alibaba and USD 13.2 billion for the selling shareholders. On its first day of trading on the New York Stock Exchange, Alibaba shares rose 38 percent to close at USD 93.89. 

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