The Watch Market to Reach $ 3.31 bn by 2024, CASIO Computer Co. Ltd., Citizen Watch Co. Ltd., and The Swatch Group Ltd. Emerge as Key Contributors | Technavio

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the watch market and it is poised to grow by USD 3.31 bn during 2020-2024, progressing at a CAGR of almost 1% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19

Frequently Asked Questions:

  • What are the major trends in the market?

    Increasing use of smartwatches is a major trend driving the growth of the market.
  • At
Read More

Expedia Group CEO on Google antitrust case: ‘Very pleased to see the government finally taking action’

Expedia Group CEO Peter Kern speaks from his home during a session at the virtual GeekWire Summit on Tuesday.

Expedia Group CEO Peter Kern says he hopes the U.S. Justice Department’s antitrust complaint against Google ultimately changes the search giant’s behavior, and creates a fair marketplace for the online travel company and others that both compete with Google and rely on its dominant search engine for traffic and customers.

“I’m very pleased to see the government finally taking some action,” Kern said at the GeekWire Summit on Tuesday, marking the company’s first public statement on the case since it was filed Tuesday morning. “Hopefully, it will create a fair marketplace for us, which is all we want. We have no axe to grind against Google, except that we don’t think the marketplace is equitable.”

Expedia Group, based in Seattle, includes major travel brands such as vrbo, Orbitz, Hotwire, Trivago, Hotels.com,

Read More

Data Center Colocation Market to Reach USD 33.09 Billion by 2024, AT&T Inc. and BT Group Plc Emerge as Key Contributors to Growth

Technavio has been monitoring the data center colocation market and it is poised to grow by USD 33.09 billion during 2020-2024. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201019005925/en/

Technavio has announced its latest market research report titled Global Data Center Colocation Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions-

  • Based on segmentation by type,

Read More

IRIS Software Group acquires school management system, iSAMS

Group expands education footprint in UK, US, and international markets

IRIS Software Group, one of the UK’s largest privately held software companies is today announcing it has acquired iSAMS, a leading, fully integrated, online school management system.

Set to grow the scope of the education portfolio for IRIS, iSAMS is closely aligned with the Group’s vision to be the most trusted provider of mission critical software and services. iSAMS provides management information system (MIS) solutions to over 500 UK independent schools and over 500 international schools across 80 countries.

iSAMS complements IRIS’ objective to be at the heart of school management, ensuring education leaders stay ahead of regulatory change; streamline school management by automating mundane and complex operational tasks to drive success; and engage employees, parents and pupils to exchange important information and build valuable relationships.

Kevin Dady, Executive Chairman of IRIS Software Group says, “As part of our growth

Read More

Computer Task Group (NASDAQ:CTG) – Earnings Outlook For Computer Task Group

On Tuesday, October 20, Computer Task Group (NASDAQ: CTG) will release its latest earnings report. Check out Benzinga’s preview to understand the implications.

Earnings and Revenue

Analysts covering Computer Task Group modeled for quarterly EPS of $0.04 on revenue of $84.18 million. Computer Task Group EPS in the same period a year ago totaled $0.1. Revenue was $97.20 million. The analyst consensus estimate would represent a 60.0% decrease in the company’s earnings. Revenue would be down 13.4% from the same quarter last year. Here is how the Computer Task Group’s reported EPS has stacked up against analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019
EPS Estimate 0.04 -0.05 0.07 0.09
EPS Actual 0.10 0.10 0.14 0.10
Revenue Estimate 85.32 M 81.05 M 96.14 M 98.55 M
Revenue Actual 89.15 M 86.95 M 99.32 M 97.20 M

Stock Performance

Over the past 52-week period, shares

Read More

6 Russians charged over most ‘destructive series of computer attacks ever attributed to a single group’

The Department of Justice has announced charges against six Russian intelligence officers in connection with a series of majorly “disruptive and destructive” cyberattacks.

The DOJ on Monday said that a federal grand jury had indicted six Russian computer hackers, officers of the Russian Main Intelligence Directorate (GRU), for their role in a series of “computer intrusions and attacks” conducted from 2015 through 2019 “for the strategic benefit of Russia.” This allegedly included malware attacks against Ukraine’s electric power grid, as well as efforts to disrupt France’s 2017 elections and the 2018 Winter Olympics.

Officials also said the defendants were responsible for “destructive malware attacks that infected computers worldwide” and led to nearly $1 billion in losses.

The alleged hackers, The Washington Post notes, are a part of the same intelligence agency previously charged over interference in the 2016 U.S. presidential election, although the indictment unsealed on Monday didn’t include charges

Read More

Intertrust Group Announces New Era With Rebrand and Strategic Partnership With Non-Profit Kiva

Intertrust N.V. (“Intertrust” or “Company”) [Euronext: INTER], a world leader in providing specialised administration services to clients in over 30 jurisdictions, today reveals a fresh new logo and its new partnership with Kiva, an international non-profit whose mission is to expand financial access to help underserved communities improve their lives.

The rebrand ushers in a new era for the company and reflects its growth and acquisitions in recent years. It also completes the full integration of Viteos following its mid-2019 acquisition. An updated look reflects the company’s ability to keep clients one step ahead through a combination of its local, expert knowledge and innovative, proprietary technology. Intertrust Group’s focus on bespoke corporate, fund, capital market and private wealth services enables its clients to invest, grow and thrive anywhere in the world. And it is with this in mind that Intertrust Group has decided to announce a strategic partnership with Kiva,

Read More

Shares in K-pop group BTS’ management label Big Hit drop after debut

By Joyce Lee

SEOUL (Reuters) – Shares in Big Hit Entertainment defied the pre-listing hype to dip on their first day of trade on Thursday, giving the management label of South Korean superstar K-pop group BTS a market valuation of 8.7 trillion won ($7.61 billion).

Big Hit, which relies heavily on the boy band for revenue, doubled its initial public offering price to debut at 270,000 won per share, for a 9.6 trillion won valuation. Shares surged by as much as 30% in early trade before dropping back.

Analysts said the closing share price of 258,000 won, still around 90% above the IPO price, should be viewed as a more reasonable price based on fundamentals, rather than a sign of listing failure.

“The closing price is already around analysts’ average target price for 2022, based on estimations of profit increases,” said eBest Investment & Securities analyst Jina An.

Volatility in

Read More

Europe Telecoms Lobby Group ‘Denounces’ Bans on Chinese Vendors | Technology News

BERLIN (Reuters) – A business group representing challenger telecoms operators in Europe warned on Friday against banning Chinese equipment vendors, saying that doing so for political reasons would force up costs and delay network upgrades.

In a strongly-worded statement, the European Competitive Telecommunications Association (ECTA), said it “denounces any bans of Chinese 5G suppliers for geopolitical reasons and emphasises that such decisions can only be justified on the basis of well-established facts”.

ECTA groups alternative telecoms such as Germany’s 1&1 Drillisch, Iliad of France and Spain’s Masmovil. China’s Huawei Technologies, the global networks market leader, is also on board.

Huawei’s position in Europe has come under pressure from a U.S. campaign to purge next-generation networks of kit that Washington says can be used for spying – claims that the Chinese company denies.

ECTA’s statement comes after France imposed restrictions on Huawei equipment that sources familiar with the matter said amounted

Read More