Microsoft to buy cyber security firm Hexadite for $100 million: report
JERUSALEM Microsoft has agreed to acquire cyber security firm Hexadite for $100 million, Israeli financial news website Calcalist reported on Wednesday.
TOKYO Japan's biggest mobile carrier NTT Docomo Inc has sold 2.8 million smartphones since April and expects to achieve its sales target of 13 million smartphones in the year to next March, its president told Reuters.
NTT Docomo, which competes with Softbank Corp and KDDI Corp in the domestic market, has seen a sharp decline in users as more switch mobile carriers to buy Apple Inc's iPhone.
"We believe that by offering a varied lineup of smartphones with high levels of services we will be able to compete with our rivals," said Kaoru Kato, who took over as Docomo president in June.
Docomo, which has balked at Apple's condition that if it sells the iPhone it must make up half of the Japanese company's phone sales, developed its own voice-activated interface to rival the U.S. firm's Siri application.
Docomo expects to sell more than a million new generation Galaxy smartphones made by Samsung Electronics Co Ltd this business year in Japan, Kato said.
He also said it has not received any request for additional funding from India's Tata Teleservices, in which it owns a 26 percent stake, and said the firm was likely to generate profit in about the next five to seven years.
(Reporting by Mari Saito, Maki Shiraki and Reiji Murai; Editing by Michael Watson)
PRAGUE Tech entrepreneurs in central and southeastern European, many of whom already have experience of launching their own businesses, are now having more success at enticing global investors the second time around.
HELSINKI Finnish mobile game maker Supercell has acquired a majority stake in London-based game studio Space Ape, the British company said on its website.