are-expected Archives

EU set to agree new data privacy law with stiff penalties

December 14, 2015 admin 548-2-million, are-expected, back-the-more, businesses-more, connecticut, different-laws, european, global-revenues, julia-fioretti, outcome, passed-since, patents, petition-must, the-outcome, tuesday

By Julia Fioretti BRUSSELS (Reuters) – A sweeping reform of fragmented laws governing the uses of personal data set to be agreed by the European Union on Tuesday will force companies to report privacy breaches to authorities or face stiff sanctions. EU governments and members of the European Parliament are expected to agree the new data protection law, which would replace a patchwork of 28 different laws and give regulators greater enforcement powers

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Amadeus to buy Navitaire from Accenture for $830 million

July 2, 2015 creative accenture, are-expected, focuses-more, fourth, impact-on-its, its-financial, the-airline, the-low-cost

(Reuters) – Spanish travel technology company Amadeus said it would buy Navitaire, a subsidiary of Accenture Plc , for $830 million, to focus mainly on digital services for airline passengers. Amadeus said it expects the deal, which is projected to close in the fourth quarter, will have a minimal impact on its financial performance this year.

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PayPal to buy digital money transfer provider Xoom

July 1, 2015 admin accenture, announcement, are-expected, closing-price, fourth, seen-during, terra-gallery, wednesday

By Mari Saito SAN FRANCISCO (Reuters) – PayPal Inc said it would buy digital money transfer provider Xoom Corp for $890 million as it muscles into a growing international remittance market and expand in countries like Mexico, India and China ahead of a spinoff from eBay Inc . The offer price of $25 per share in cash represents a premium of about 21 percent to Xoom's Wednesday closing price of $20.70. Xoom shares surged on the announcement and were trading around the offer price in extended trading