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The Gillette Group headquartered in Trinidad and Tobago and founded in 1983 under the banner of Computers and Controls Ltd., has twenty - two years later, grown beyond the boundaries of Trinidad and Tobago, extending its business interests across the Caribbean region and into North America... more

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BlackBerry posts fourth-quarter profit; seeks to end revenue slide
Fri, 27 Mar 2015 11:11:05 -0400

Blackberry's Chief Executive Chen gestures during a news conference at the Mobile World Congress in BarcelonaBy Euan Rocha and Alastair Sharp TORONTO (Reuters) - BlackBerry Ltd posted a surprise quarterly profit on Friday and said it is pushing to end a slide in its revenue in this fiscal year, sending the stock up as much as 5.1 percent. We're now turning our attention to revenue stabilization," BlackBerry Chief Executive John Chen said on a conference call. Chen plans to grow BlackBerry's small but high-margin software division by moving more customers onto its products, including a system that allows companies and government agencies to manage multiple employee devices. The stock rose as high as $9.77, before easing to $9.59, up 3.1 percent on the Nasdaq, despite a much bigger-than-expected decline in fiscal fourth quarter revenue.


Hi-tech and Big Data offer hope to battered U.S. oil industry
Fri, 27 Mar 2015 11:07:44 -0400

A pump jack is seen at sunrise near BakersfieldBy Ernest Scheyder WILLISTON, N.D. (Reuters) - The tech geeks are coming to the oil industry's rescue. With the price of crude plumbing lows not seen since 2009, Royal Dutch Shell, Whiting Petroleum Corp and many others are turning to rocket fuel, Big Data, lasers, spectrometers and other new or revamped technologies to do more for less. As North America's oil companies slash spending and lay off workers, established services firms and start-ups are hawking products that better assess oil and gas deposits, help drill fewer but bigger new wells, and boost output from old ones. Baker Hughes Inc saw more client inquiries about products that increase efficiency of existing wells in the first three months this year than in all of the past two years, said HC Freitag, vice president of integrated technology at the oil service giant.


Amazon in talks to buy online luxury retailer Net-a-Porter: Forbes
Fri, 27 Mar 2015 06:44:22 -0400

A just-delivered Amazon box is seen on a counter in Golden, Colorado(Reuters) - Amazon.com is in talks to buy online luxury retailer Net-a-porter in what could be the biggest acquisition yet for the e-commerce giant, but the negotiations are in early stages and could fall apart, Forbes reported, citing a person familiar with the matter. The potential deal, first reported by Women's Wear Daily, could value Net-a-Porter lower than the valuation of 2 billion euros ($2.16 billion) reported by the fashion industry trade journal, Forbes reported on Thursday, citing the person. Seattle-based Amazon has long eyed the high-end fashion retail sector and any deal for Net-a-Porter would mean a new commitment in an area where the company lacks a strong presence, Forbes said. Media reports in 2014 said Amazon was in talks to buy Indian fashion retailer Jabong.com for $1.2 billion.


Valeo's self-driving car systems learn from Safran drones
Fri, 27 Mar 2015 10:55:00 -0400

The new self-driving car unveiled by Valeo and Safran drives during a presentation in front of the Invalides in ParisBy Laurence Frost and Gilles Guillaume PARIS (Reuters) - French auto parts maker Valeo plans to draw on drone software and other military technologies from partner Safran to offer self-driving vehicle platforms to carmakers by the end of the decade. While demonstrating an autonomous car and other prototype systems jointly developed with Safran, the French defense and aerospace group, Valeo said on Friday the first applications may reach carmaker clients within three years. "We realized very quickly that we had much more in common than we'd expected," Valeo innovation chief Guillaume Devauchelle told Reuters. "It turns out that an autonomous vehicle is really a terrestrial drone." Cars that complete whole journeys without human input are still many years away, but creeping automation is well underway, with models already on sale that can pilot themselves through slow traffic and hit the brakes when a pedestrian steps out.


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