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Stock Market & Financial Investment News

News Breaks
April 1, 2014
07:25 EDTTEFTelefonica acquires eyeOS, terms not disclosed
Telefónica announced the acquisition of eyeOS, a Spanish cloud computing start-up. Telefónica has collaborated with eyeOS since 2010, but this acquisition reinforces its future mobile cloud services plans and the development of free software solutions. In the coming months, Telefónica will work on the consolidation and expansion of eyeOS, to extend its commercialisation in Spain and all the countries in which it operates.
News For TEF From The Last 14 Days
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October 17, 2014
07:26 EDTTEFTelefonica axes 1.6K German jobs after E-Plus deal, WSJ says
As Telefonica gains E-Plus, the company's German division will reduce over 1.6K staff members in the country, according to The Wall Street Journal, citing a person familiar with the matter. Telefonica's German division employs 9.1K workers total at the moment. Reference Link

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