Google Maps now available in Croatian
Once again, a foot before everyone, Google has announced that its popular mapping service Google Maps is now available in the Croatian language. The company announced that it has introduced 39 new languages in which Google Maps is now available including Croatian, Afrikaans, Danish, Filipino, Hebrew, Icelandic, Mongolian, Norwegian, Swedish, Slovak, Swahili, Turkish, and Vietnamese. The move will now help Croatians get directions in their own language.“Fourteen years ago, Google Maps looked a lot different, and it was only in English. Fast forward to today, and now more than 1 billion people use Google Maps to discover new places, find the best driving, biking, and walking routes, and get things done in the real world. Today, we’re making Google Maps even more useful by adding 39 new languages-spoken by an estimated 1.25 billion people worldwide,” Google said in a blogpost. The new language additions are coming to the mobile and desktop versions of Google Maps on iOS, Android, Mac, and Windows OS.
Ericsson Nikola Tesla opening development centre in Osijek
Ericsson Nikola Tesla, the Croatian affiliate of Swedish giants Ericsson, the largest specialised provider of modern telecommunications products, solutions, and services in central and eastern Europe, presented the first demonstration of 5G technology in Croatia in Zagreb. Ericsson Nikola Tesla CEO Gordana Kovačević presented the company’s activities in research and development of new technologies, stressing that the introduction of 5G technology should be declared a strategic project in Croatia. Kovačević announced that the company was given new responsibilities in the development of 5G technology of mobile communications and will also expand its development and research activities, from Zagreb and Split to Osijek. It is an investment that will result in the recruitment of a large number of specialists, and the new location of Ericsson Nikola Tesla in Osijek which will a positive driver for the technological, economic and social development of the Slavonia. Ericsson Nikola Tesla’s Research& Development, which employs 1,300 people in Croatia, is already creating advanced technology solutions for the needs of customers from around the world, and these new activities will further strengthen the position of Croatian and regional ICT leaders on the Global competitiveness map.
Dropbox shares close up 35 percent in biggest tech debut since Snap
Dropbox Inc.’s shares closed at $28.42, up more than 35 percent in their first day of trading, as investors rushed to buy into the biggest technology initial public offering . The stock opened at $29 on the NASDAQ and soared as much as 50 percent to a high of $31.60 in early trading. At the stock’s opening price, Dropbox had a market valuation of $12.67 billion, well above the $10 billion valuation it had in its last private funding round. The solid first-day pop came despite weakness in the wider U.S. stock market. The pop in Dropbox’s price may bode well for Spotify, valued at roughly $19 billion in the private market. The music streaming service has filed for a direct listing and will start trading on the New York Stock Exchange in April. The San Francisco based company, which started as a free service to share and store photos, music and other large files, competes with Alphabet Inc.’s Google, Microsoft Corp and Amazon.com Inc. as well as Box Inc.The 11-year old company reported revenue of $1.11 billion in 2017, up from $844.8 million a year earlier.
CBS bids for Viacom
After 2006 split, CBS offered to buy the cable TV and film company making them a duo once again. Viacom (VIA) is best known for its cable channels, including MTV and Nickelodeon, and movie studio Paramount while CBS controls the CBS broadcast network, Showtime and streaming network CBS All Access. The Redstone family, led by media mogul Sumner Redstone, controls roughly 80% of the voting shares of both companies. The Redstones have toyed with the idea of bringing their companies back together before. The last significant attempt failed in 2016. Big media mergers have grown more popular in recent years as internet and tech companies like Facebook, Amazon and Netflix shake the industry. Disney, for example, said late last year that it would buy most of 21st Century Fox for about $52 billion and HBO and CNN are fighting the US government in court over their potential combination. CBS and Viacom are in a unique position because of their history together. At the time of the split, Viacom was widely expected to be the faster-growing company while CBS, led by Moonves, is now the stronger of the two businesses, bolstered in part by its strong programming lineup. It leaves us time to see if their merge will happen, with which amount and what will it bring .