Global Vision

Global Vision

Wednesday, March 26, 2014

RBS New Strategy

Royal Bank of Scotland has had agreement concerning the feasible sale of its U.S. distributive trades Citizens with Sumitomo Mitsui Financial Group, whereas Mitsubishi UFJ Financial Group has likewise considered a proposal.

Certain leaders within the framework of SMFG backing consideration of a U.S. procurement that would increase the bank's procedures in the world's largest economy, whilst others are discreet because of the likely price of an obtainment.
MUFG is still in the chase to get a bank or branch chain to achieve its purpose of growing to the one of the 10 largest U.S. banks.

Intel's new acquisition

INTEL buys wearable Technology firm Basis Science

US chipmaker Intel has stepped up its investment in wearable technology with the acquisition of Basis Science, creators of the basic band, a firm known for its health tracking services and devices.
The start-up from San Francisco will be merged with Intel's New Devices Group, which focuses on wearable computing and connected devices.

Google enters artificial intelligence field

After acquiring many robotic companies, Google has also shown interest in artificial intelligence by purchasing European start-up DeepMind Technologies, an artificial intelligence company, which combines the best techniques from machine learning and systems neuroscience to building powerful general-purpose learning algorithms aiming to achieve tasks like recognizing faces in video or words in human speech, simulations, e-commerce, and games etc. 

Tuesday, March 25, 2014

It’s Official: Disney Acquires Maker Studios

Disney has indeed bought Maker Studios, the YouTube network that generates 5.5 billion views a month, for $500 million,along with a potential $450 million in performance-based earn outs.
With more than 55,000 channels, 380 million subscribers and 5.5 billion views per month on YouTube, Maker has established itself as the top online video network for Millennials. By acquiring it Disney will gain advanced technology and business intelligence capability regarding consumers’ discovery and interaction with short-form online videos, including Disney content.

New frames for Google Glass

Google on Monday announced a strategic partnership with Italian-based Luxottica Group to design and manufacture frames for Google Glass.

At first name Luxottica might not ring a bell, but it represents such brands as Armani, Prada, Versace, Miu Miu and of course Ray Ban and Oakley, which were selected as two first brands to open the partnership.