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Normally, when businesses talk about getting rid of a division, it usually follows that someone else is going to pay a tidy sum to take it over. But recently, an unexpected change happened as IBM agreed to pay Globalfoundries $1.5 billion to have Globalfoundries take over its semiconductor operations. While the payments will arrive over the course of the next few years, the agreement actually opens up some new opportunities for IBM.
 Why You Need to Know: According to IBM's Director of Research, John E. Kelly IIII, offering up the semiconductor operations will allow IBM to engage in faster growth, while also allowing it to both invest in and expand the research being done in chips already. |
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We're almost a month away from one of the biggest shopping weekends of the year. Black Friday and Cyber Monday have been some of the most talked about days when it comes to shopping – especially for Holiday gift giving.
Why You Need to Know: Various reports out are predicting that this year, we'll see growth in shoppers making purchases as the U.S. economy is reportedly on an uptick – so spending is expected to be greater. |
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The market in general is a vector of comparatively rapid change, as is evidenced by the fact that even Chinese brands are beginning to look outside China for new opportunities in the field.
Why You Need to Know: This means that consumers are likely to see an array of new products, new technologies, and new offers to help keep older users coming in the door and younger users keeping up as well. |
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The long term implications of the new universal subscriber information module in the new Apple iPad Air 2 are not clear - an unusual development, for a new development, by a key partner, in the mobile ecosystem.
Why You Need to Know:In the United States and United Kingdom, users will have a bit of choice when it comes to short-term offers potentially made available by AT&T, Sprint and T-Mobile US, or EE in the United Kingdom. |
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MasterCard and Zwipe have officially announced the result of their partnership: the launch of the Zwipe MasterCard payment card. With an integrated fingerprint sensor, it is the world's first biometric contactless payment card.
Why You Need to Know: The card features Zwipe's secure biometric authentication technology to ensure that the user's biometric data, which is stored directly on the card instead of an external database, is not compromised. |
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