ReleaseWire Connect

On November 7 business news blog DigitalOlympus.com comments on recent news story by Maria Sheahan and Jens Hack published on November 7 on FOXBusiness.com regarding Siemens' new Chief Executive Joe Kaeser’s remarks on Thursday that the firm intends to buy back shares worth ($5.4 billion) as he ask stakeholders to be calm as while he cooks a tactics by May to catch up with more profitable competitors.

In the wake of recent news story by Foo Yun Chee published on October 28, on reuters.com concerning EU watchdogs which demanded that 125 Google competitors and third parties supply response on the firm’s second effort to resolve a three-year-long antitrust inquiry, DigitalOlympus.com comments on the report.

Sequel to a recent news article by Arno Schuetze published on October 20 on reuters.com about Germany's antitrust watchdog which indicted Amazon of weakening rivalry when dealing with third-party merchants and declared it would enact reform except the web retailer modify its tactics.

On October 16, business news blog DigitalOlympus.com comments on recent news story by Sophie Knight, Ritsuko Ando and Malathi Nayak published on October 16 on reuters.com regarding Japanese tech and telecoms group SoftBank Corp which has resolved to pay 150 billion yen ($1.53 billion) for a 51 percent stake in Finnish mobile game producer Supercell.

Going by a recent news story by Varun Aggarwal published on October 1 on reuters.com concerning Wix.com Ltd, which assisted firms to build and operate websites, filing with the U.S. regulators to generate up to $100 million via an initial public offering, DigitalOlympus.com comments on the report.

Sequel to a recent news story by Jonathan Stempel published on September 20 on reuters.com regarding the inability of Groupon to persuade a federal judge to throw out a lawsuit alleging the daily discount provider of misinforming investors concerning its financial prospects and internal controls prior to its IPO in November 2011.

On October 22, DigitalOlympus.com commented on recent news story by Aruna Viswanatha, Karen Freifeld and David Henry published on reuters.com regarding JPMorgan Chase & Co CEO Jamie Dimon’s futile pleas to the U.S. Department of Justice (DOJ). Dimon implored and complained to the DOJ but failed to persuade the government to stop the criminal investigations of mortgage fraud at the bank.

After French food group DANONE’s second unit started an internal investigation into alleged bribery violations in China, business news blog DigitalOlympus.com highlighted the situation as an interesting case study for FCPA analysts and researchers.

In the wake of a recent news report by Mia Shanley published on August 9 on reuters.com regarding Nordic telecoms group TeliaSonera statement on Thursday that it supported plans by Latvia to contemplate a merger between fixed-line and mobile telecom operators, and continued interest to increase its stake in the firm, DigitalOlympus.com examines how the intended merger may benefits mobile phone systems users.

Following a recent news report by Lee Chyen Yee published on August 23 on reuters.com regarding the 4G contract awarded by China Mobile Ltd valued at around 20 billion yuan ($3.2 billion), with Chinese companies obtaining beyond half of the biggest prize in the worldwide telecom sector this year while foreign companies obtained about a third, DigitalOlympus.com comments on how the deal may influence several mobile phone systems service providers. }