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Amazon in talks to start USD 9.99/mth music service - report

2016-06-13 09:16:00| Telecompaper Headlines

(Telecompaper) Amazon.com wants to set up a stand-alone music service, separate from its Prime subscription, and has started talks with record labels, Bloomberg reported, citing sources familiar with the matter. The USD 9.99 per month service may be introduced in the coming months but no deals have yet been reached.

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Symantec buys Blue Coat for USD 4.65 bln

2016-06-13 09:10:00| Telecompaper Headlines

(Telecompaper) Symantec has agreed to acquired Blue Coat for USD 4.65 billion in cash, in a deal that has been approved by the board of directors of both companies and which is expected to close in the third quarter. Upon closing, Symantec will be led by Blue Coat CEO Greg Clark, who will also join the Symantec board. On a pro-forma and adjusted basis, the combined company would have reported USD 4.4 billion in revenues for its fiscal full year to end April, with 62 percent coming from enterprise security.

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Telenor Pakistan to pay USD 395 mln for 4G licence

2016-06-10 21:35:00| Telecompaper Headlines

(Telecompaper) Telenor has been granted the licence for 4G spectrum in the 850 MHz band after being the only bidder, the Pakistan Observer reported, citing the Pakistan Telecommunication Authority (PTA). Telenor's bid was evaluated and found to be complete in all respects. The licence will be awarded to Telenor at the base price of USD 395 million, in accordance with the schedule.

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Line values IPO at USD 1 bln - filing

2016-06-10 11:54:00| Telecompaper Headlines

(Telecompaper) Line is hoping to raise USD 1 billion in its initial public offering (IPO) in July, Bloomberg reported, citing a company filing. Line will sell shares in the US and Japan at a valuation of about JPY 588 billion. The offering is for 35 million new and existing shares, with an over-allotment of 5.25 million shares. The price range will be set on 27 June, and the final price on 11 July, the company said.

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Tamron SP 85mm f/1.8 Di VC USD

2016-06-10 04:04:12| PC Magazine: New Product Reviews

The Tamron SP 85mm f/1.8 Di VC USD is an incredibly sharp prime lens in a classic portrait focal length, featuring an image stabilization system that sets it apart from the competition.

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