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Huawei Y5 II features significant upgrades over its predecessor

EXCLUSIVE: Although most of the attention is focused upon its quartet of upcoming P9 variants, Chinese manufacturer Huawei has plenty of other devices in the pipeline, including a sequel to last year’s entry-level Y5. According to marketing material seen by VentureBeat, the so-called Y5 II will bring a number of significant upgrades that will be sure […]

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Commoditizing Software

For more than 50 years, the IT industry has followed a well-known script associated with emerging and evolving paradigms: First a product or category is introduced, then it gains wide acceptance (or dies on the vine), followed by a long period when vendors and customers seek out more efficient ways to produce the thing. Ultimately, the category becomes so important that all must have it.

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Xbox Live’s Games With Gold for April impresses with Sunset Overdrive, Dead Space

Xbox Live Gold subscribers on Xbox One are about to get four highly regarded hits in April. Microsoft announced its lineup for Games With Gold in April, which you will get access to if you subscribe to the Xbox Live Gold subscription for $60 per year or $10 a month. The company has taken to […]

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iPad Pro Wants to Be Your Next PC

When Apple unveiled its 9.7-inch iPad Pro earlier this week, it aimed the tablet squarely at the PC replacement market, with Senior VP Phil Schiller describing it as the “ultimate upgrade for existing iPad users and replacement for PC users.” More than 600 million PCs in use are 5 years old or more, he said. The Pro’s 64-bit A9X processor rivals that of most portable PCs, Apple said.

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A merger between two Italian banks offers hope to a fragmented industry

THE engagement has been a long and tumultuous one, but a wedding date has finally been set. Banco Popolare and Banca Popolare di Milano, two northern Italian banks, have been courting one another for months. Their proposed merger—the first big one in the euro zone since the European Central Bank (ECB) took over supervision of the currency area’s biggest lenders in 2014—would create Italy’s third-biggest lender, and perhaps kickstart an overdue consolidation of Italian banks. But the ECB’s demand that the merged bank hold a bigger cushion of capital and dispose of its bad debts faster almost pushed the couple apart. In the end, however, Banco Popolare agreed to raise €1 billion in capital to smooth the path to the altar.

Shares in Italian banks are down by 25% so far this year; Monte dei Paschi di Siena (MPS), the world’s oldest and Italy’s third-biggest bank, has lost 49% of its value. Part of the problem is that there are simply too many of them: Italy has more bank branches than restaurants. It has 64 for every 100,000 people, far more than the euro-area average of 37. The branches belong to some 680 banks. The five biggest of these…Continue reading

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Cloudera acquires data science collaboration tool Sense

Big data software company Cloudera has acquired Sense, a startup that built a cloud service that enables multiple data scientists to collaborate and share self-service analytics reports for their colleagues to use anytime. Cloudera hasn’t issued a press release, but Sense did publish a little-noticed blog post about the news on Tuesday. “Cloudera is the […]

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Bethesda teams YouTube stars with sports athletes in Day of Doom tournament

Bethesda Softworks is drumming up excitement about its May 13 release of Doom through a first-of-its-kind tournament. It will pit professional sports athletes and YouTube stars against each other in a multiplayer Doom showdown. Doom is one of the most anticipated games of the year, and Bethesda is recognizing the attention-grabbing power of YouTube and sports stars […]

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