Category Archives: Business

Datatec maintains ‘strong market position’ despite challenging environment

GLOBAL technology firm Datatec has maintained its dividend per share of 17 US cents for the year to February, it said on Wednesday.

Operating profit declined to $122.057m from $141.373m in the previous period.

The group maintained top-line growth, despite the operational difficulties faced by its largest division, Westcon, with revenues increasing by 8% to $5.69bn.

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Oracle To Bring 200 Information Technology Jobs To San Antonio

SAN ANTONIO, May 12, 2014 /PRNewswire/ — Oracle plans to bring 200 jobs to San Antonio in the next two years, with the location of a new operations center in the area. The plans are contingent upon San Antonio’s City Council approval of a $1 million grant agreement on May 15 with the global technology leader. In addition, Bexar County Commissioners Court will consider Oracle’s application for an Economic Development Grant at its May 13 meeting. The negotiated agreement is expected to be brought back to Commissioners Court on June 3 for final approval.

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Monday Sector Leaders: Materials, Technology & Communications

The best performing sector as of midday Monday is the Materials sector, up 1.5%. Within the sector, Vulcan Materials Co (NYSE: VMC) and Alcoa AA +4.23%, Inc. (NYSE: AA) are two large stocks leading the way, showing a gain of 4.0% and 4.0%, respectively. Among the high volume ETFs, one ETF closely following materials stocks is the Materials Select Sector SPDR ETF (AMEX: XLB), which is up 1.1% on the day, and up 4.91% year-to-date. Vulcan Materials Co , meanwhile, is up 4.93% year-to-date, and Alcoa, Inc. is up 30.20% year-to-date. Combined, VMC and AA make up approximately 4.1% of the underlying holdings of XLB.

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More banks using big data technology in Singapore

SINGAPORE: Big data technology — or the ability to process vast amounts of information — is increasingly being tapped by businesses and governments.

The banking sector, including the two biggest banks DBS and OCBC, is among the first movers in this space in Singapore.

With over 25 million transactions a month, DBS has one of the busiest ATM networks in the world, with some of the busiest machines found in Ang Mo Kio.

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Smart Technology Pioneers Step Up Development with Advancements for Virtual Wallets and SmartWatches – Newest Smart Wallet Product Sets to Launch

CORAL SPRINGS, Florida, May 8, 2014 /PRNewswire via COMTEX/ — CORAL SPRINGS, Florida, May 8, 2014 /PRNewswire/ —

Biometrics companies continue to enhance developments and patent pending products for smart technology as consumer demand rises:  NXT-ID, Inc. NXTD +3.61% , Google Inc. GOOG -0.01% , Microsoft Corporation MSFT -0.45% , Apple Inc. AAPL -0.29% and Symantec Corporation SYMC +3.53%

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8 Energy-Efficient Moves for Summer

If reducing your carbon emissions didn’t require a big sacrifice – and in fact could mean some lifestyle upgrades – would you go green? What if doing so also meant you could save upward of $500 a year?

According to the Union of Concerned Scientists, a group of experts who address global problems that compiled their tips in a 2012 book, “Cooler Smarter: Practical Steps for Low-Carbon Living,” being energy efficient doesn’t require adopting a Spartan lifestyle. In fact, it often means embracing new technology, including e-readers, the latest appliance upgrades and easy-to-use programmable thermostats.

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