Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts

Tuesday, April 12, 2011

Paypal is about to get a Bruising from Facebook and Square

Paypal just cannot compete with Facebook and Square. Both Facebook and Square outsizes Paypal by far, and the latter will not be able to weather the storms in the payment market. Facebook's mere size is beyond belief which can do huge damage to Paypal's market share, once Facebook decides to vigorously pursue the online payment market. Facebook is a household phenomenon and with well thought through strategy to enter the payment market, and a public relations stint to back it up, will easily catch on to FB users because of the nature and position FB has taken in our lives. Well, unless by some strike of genius and luck, Paypal joins forces with Paypal, an unforeseen merger in my opinion.

Square's service offering of secure payment via credit card through mobile phones, amongst others, is in the right market with exponential growth potential to their existing 1 000 000(million) credit card processing payments per day. Like I said, it can only grow.

Ohad Samet writes an interesting article for Tech Crunch, discussing this topic:
Techcrunch.com/2011/04/09/paypal-facebook-square/

Tuesday, June 30, 2009

What's Going on with Nortel?

Wed, June 24, 2009 — Network World — With Nokia Siemens bidding on Nortel's wireless business and Avaya rumored to be grabbing up its enterprise gear, it is all but inevitable that the rest of company will be broken up and sold off in pieces, which raises questions. Here are some of them and the answers.

Who is likely to buy the enterprise business?

Reportedly, Avaya has put in a $500 million bid for the enterprise division, which sells switches, routers and telephony products. With its focus on enterprise VoIP and unified communications, the company could use Nortel enterprise infrastructure, which includes switches, security gear and phones. It would boost Avaya instantly into the No. 4 spot for Layer 2 and 3 Ethernet switching and give it entry into more corporate accounts.

What did Nokia Siemens bid on?

Nokia Siemens bid on the CMDA wireless business and the R&D unit working on LTE wireless.The company's technology overlaps with Nortel's, but that's OK because its customer base doesn't overlap as much. Both companies, for example, have CDMA and Long Term Evolution technology, but Nokia Siemens doesn't have anywhere near the penetration into North American carriers that Nortel has. If it closes the deal, Nokia Siemens will do everything it can to take advantage of Nortel's client list. Nokia Siemens says the deal would boost its share of the North American carrier market from less than 6% to more than 30%.

Beyond that, the business Nokia Siemens wants to buy netted $700 million last year, according to the Wall Street Journal. If it remains that profitable, that will pay off the $650 million purchase price in less than a year.

By Tim Greene

Thursday, April 30, 2009

Trustco Namibia features in Financial Times International

The Johannesburg Stock Exchange plans to further its strategy of expanding into Africa by acquiring a "strategic stake" in Mauritius's bourse.

Nicky Newton-King, JSE deputy chief executive, told the Financial Times she hoped to complete talks "shortly" but would not disclose the size of the stake.

Last month the JSE, the continent's biggest bourse, launched its Africa Board, an adjunct to its main trading board on to which it hopes to attract leading companies from beyond its South African home.

Trustco, one of Namibia's biggest companies, was the first to debut on the new board, and smaller African exchanges will be watching to see whether the dual listing drains liquidity from the Namibian exchange.

The JSE is also party to discussions among the 15 members of the Southern Africa Development Community, the regional bloc, towards integrating the software systems used by their respective exchanges to allow easier cross-border trading.

By Tom Burgis

Published: March 10 2009 02:00 | Last updated: March 10 2009 02:00
http:///www/ft.com