Business news blog DigitalOlympus.com has commented on recent FOXBusiness.com news story about the statement of Siemens' new Chief Executive Joe Kaeser who vowed on Thursday to buy back up to 4 billion euros ($5.4 billion) worth of shares.

Long Island, NY -- (SBWIRE) -- 12/24/2013 -- On November 7 business news blog DigitalOlympus.com comments on recent news story by Maria Sheahan and Jens Hack published on November 7 on FOXBusiness.com regarding Siemens' new Chief Executive Joe Kaeser's remarks on Thursday that the firm intends to buy back shares worth ($5.4 billion) as he ask stakeholders to be calm as while he cooks a tactics by May to catch up with more profitable competitors.

"Expectations are high as several investors believe the new CEO Joe Kaeser may find a lasting solution to Siemen sinking profits," says DigitalOlympus.com principal researcher Josh Cole. "Kaeser can make his job easier and resulted oriented by hiring a firm to help Siemens conduct business intelligence investigations on how to upturn the fortunes of its business."

In addition, the FOXBusiness.com news article indicates some stakeholders had anticipated that Kaeser would provide at least an indication of how he planned to reverse the firm as he reported quarterly financial results. But Kaeser was calm and confident in his first meeting as the new CEO.

Nonetheless, at Siemens' former headquarters in Berlin, 99 days after his appointment as CEO, Kaeser was cited saying "I don't want to present half-finished things."

Responding to the report, DigitalOlympus.com spokesperson stated that irrespective of the strategy Kaeser intends to introduce aside buying back shares, he can employ third-party experts who specialize in due diligence to help it identify possible "deal killers."

According to Sheahan and Hack's report "Under the former CEO, Siemens lost some ground to competitors such as Switzerland's ABB and U.S.-based General Electric in terms of profitability due to a focus on sales growth as well as poor project management that resulted in a series of one-off charges."

About DigitalOlympus.com
DigitalOlympus.com is a leading news and technology research blog devoted to enlightening its readership on events in the business world that can enable them make informed decisions that may give them an edge in their sector.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Business news blog DigitalOlympus.com has commented on recent news story in reuters.com regarding EU regulators which requested that 125 Google competitors and third parties supply feedback on the firm’s second effort to resolve a three-year-long antitrust probe.

Long Island, NY -- (SBWIRE) -- 12/20/2013 -- In the wake of recent news story by Foo Yun Chee published on October 28, on reuters.com concerning EU watchdogs which demanded that 125 Google competitors and third parties supply response on the firm's second effort to resolve a three-year-long antitrust inquiry, DigitalOlympus.com comments on the report.

The reuters.com news story points that the outcome of the lengthy probe may help Google avert a potential $5 billion fine. The European Commission's anticipation of finalizing the case next spring nonetheless experienced an impediment after several competitors condemned Google's recent offer for not being materially distinct from an offer rendered in April.

"If Google's concessions failed to live up to the expectations of its rivals in Europe for the second time, we believe it's time for the firm to change its strategy," says DigitalOlympus.com principal researcher Josh Cole. "The web giant can hire a firm that specializes in business intelligence investigations, to help them on the next step to take to avert EU penalty."

Furthermore, the reuters.com news reported that Google's initial offering in April was turned down by its rivals who claimed that the new changes would only strengthen Google's control. That urged the EU antitrust authorities to request new concessions from the U.S. firm. The firm adjusted its offer this month to permit competitors to display their logos and make their web links more noticeable.

"It's important for Google to seek for ways to avert the EU $5 billion fine, and end the prolonged-investigation in the European market," says DigitalOlympus.com spokesperson. "Google can as well hire experts that can offer advice on how to avert violating the tenets of the foreign corrupt practices act."

DigitalOlympus.com is a top business news blog that provides useful information to its readership that can help them make crucial business decisions, which may give them an edge in their various sectors.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Leading financial news blog DigitalOlympus.com has commented on recent reuters.com news story regarding a report from a German newspaper indicting Amazon of undermining competition when dealing with third-party merchants.

Long Island, NY -- (SBWIRE) -- 12/11/2013 -- Sequel to a recent news article by Arno Schuetze published on October 20 on reuters.com about Germany's antitrust watchdog which indicted Amazon of weakening rivalry when dealing with third-party merchants and declared it would enact reform except the web retailer modify its tactics.

The reuters.com news story points that, the president of the German cartel office, Andreas Mundt was cited as telling daily Sueddeutsche Zeitung that "Luckily, we have instruments of torture, which we will use if necessary." A battle with rivalry authorities in its second-largest market after the United States would increase Amazon's setbacks.

"It's important for Amazon to make moves that will change its third-party deals tactics to avert the penalties of the watchdogs," says DigitalOlympus.com lead researcher Josh Cole. "We'll suggest that Amazon and other firms in similar situations hire a firm that specializes in business intelligence investigations to help them choose the right tactics for third-party deals."

The reuters.com news report further indicates that Amazon's German operations have been affected by a conflict over employees' pay and a trade union has threatened that staff could strike during the Christmas holiday season.

"It's also important for Amazon to seek the service of experts that focus on how to avert violating the tenets of the foreign corrupt practices act," Cole said.

The reuters.com news piece also points that a pre-release on Sunday of the newspaper's Monday edition Mundt was cited as saying "The terms of Amazon's Marketplace in effect obstruct competition. We are in talks with Amazon to eliminate these impediments to competition; if necessary we will issue a crystal clear decree."

About DigitalOlympus.com
DigitalOlympus.com is a business news and technology research blog that is devoted to offering important information and news to its readership that will enable them make informed decisions and avoid setbacks.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Business news blog DigitalOlympus.com has commented on recent reuters.com news story concerning SoftBank Corp’s offer of 150 billion yen ($1.53 billion) for a 51 percent stake in Finnish mobile game producer Supercell.

Miami, FL -- (SBWIRE) -- 12/04/2013 -- On October 16, business news blog DigitalOlympus.com comments on recent news story by Sophie Knight, Ritsuko Ando and Malathi Nayak published on October 16 on reuters.com regarding Japanese tech and telecoms group SoftBank Corp which has resolved to pay 150 billion yen ($1.53 billion) for a 51 percent stake in Finnish mobile game producer Supercell.

According to the reuters.com news story, Supercell is the maker of hit games like "Clash of Clans" and "Hay Day." Softbank's proposal to obtain a leading position in the fast-growing mobile games sector place 3-year-old Supercell with around 100 workers and just two free-to-play games, more valuable than Zynga Inc., the $2.8 billion firm behind former hits like "FarmVille."

"The move by SoftBank Corp to acquire 51 percent stake in Supercell can give the firm its much needed breakthrough in the gaming sector," says a DigitalOlympus.com spokesperson. "It's advisable for firms that intends to venture into new sectors via acquisition to consult firms that specialize in due diligence to enable them take the right step."

The reuters.com news article further indicates that twenty percent of Softbank's spending will be from its mobile games producing arm, GungHo Online Entertainment Inc., which can boast of a market capitalization of about $8.3 billion.

As a finance and technology research blog, DigitalOlympus.com is dedicated to promoting the adoption of asset search policies and procedures that can help companies improve their practices with respect to records and internal controls.

About DigitalOlympus.com
DigitalOlympus.com is a news blog dedicated to educating its readers on the latest technology and business advances. They are committed to gathering information on up and coming technologies and business decisions that will enhance the lives of their readership. Digitalolympus.com is always at the forefront of technology, and business news and events guiding its readers to accurately determine the best course of action for themselves and their businesses.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Leading business news blog DigitalOlympus.com has commented on recent reuters.com news story regarding Israel-centered firm, Wix.com Ltd, which filed with the United States regulators to procure close to $100 million in an IPO.

Long Island, NY -- (SBWIRE) -- 12/03/2013 -- Going by a recent news story by Varun Aggarwal published on October 1 on reuters.com concerning Wix.com Ltd, which assisted firms to build and operate websites, filing with the U.S. regulators to generate up to $100 million via an initial public offering, DigitalOlympus.com comments on the report.

According to the reuters.com news story, the Israel-centered firm which sells its cloud-centered templates to design websites to small business owners, revealed revenue soared to $43.7 million in 2012 from $9.9 million 2009. While net loses broadened 30 percent in that period. Wix whose App Market permits firms to install over 140 different apps on their websites, disclosed that 37 million businesses, organizations, professionals and individuals makes use of its platform.

In a statement following the report, DigitalOlympus.com principal researcher Josh Cole commended the move of Wix.com Ltd to file its IPO with the US regulators. "Wix has taken the first step in the right direction; other firms willing to take such steps can seek expert's advice about business intelligence to arrive at the right decision."

The reuters.com news story further indicated that Wix plans to use the net earnings from the IPO to bolster headcount to boost its selling and marketing expenses focused and for general corporate reasons. The firm plan to list its common stock on the New York Stock Exchange under the symbol "WIX." The firm did not disclose how many shares it intends to sell or their anticipated price.

DigitalOlympus.com spokesperson says while Wix can achieve its aim of generating up to $100 million via an initial public offering. "It's advisable for the firm as well as other firms in similar situations to employ a firm that specialize on how to avert the violation of foreign corrupt practices acts since its business is based in Israel and its IPO is listed in the New York Stock Exchange."

As a finance and technology research firm, DigitalOlympus.com is committed to promoting the adoption of asset search policies and procedures that can help companies improve their practices with respect to records and internal controls.

About DigitalOlympus.com
DigitalOlympus.com is a news blog dedicated to educating its readers on the latest technology and business advances. They are committed to gathering information on up and coming technologies and business decisions that will enhance the lives of their readership. Digitalolympus.com is always at the forefront of technology, and business news and events guiding its readers to accurately determine the best course of action for themselves and their businesses.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Top business news blog DigitalOlympus.com has commented on a recent reuters.com news regarding Groupon’s inability to convince a federal judge to terminate a lawsuit indicting the firm of deceiving investors prior to its decision to go public in November 2011.

Long Island, NY -- (SBWIRE) -- 11/20/2013 -- Sequel to a recent news story by Jonathan Stempel published on September 20 on reuters.com regarding the inability of Groupon to persuade a federal judge to throw out a lawsuit alleging the daily discount provider of misinforming investors concerning its financial prospects and internal controls prior to its IPO in November 2011.

The reuters.com report points that U.S. District Judge Charles Norgle in Chicago declared the lead plaintiff reasonably alleged that Groupon used inappropriate "refund accounting" to enhance revenue and cut operating losses in initial public offering materials and ensuing regulatory filings and was aware or should have known that its statements were made-up. In his verdict dated September 18, Norgle also turned down requests by Credit Suisse, Goldman Sachs and Morgan Stanley which organized the IPO to terminate claims against them.

"The verdict of the judge was based on the effort of the lead plaintiff to plausibly present its case against Groupon," says DigitalOlympus.com principal researcher Josh Cole. "Firms involved in business related lawsuit should always seek litigation support services from experts to enable them defend their position better."

According to Stempel's report "The lawsuit seeks class-action status and is led by Michael Carter Cohn, an individual investor. Norgle said he will decide later whether Cohn has standing to pursue one claim on behalf of a class given that he did not buy his shares directly from the IPO. Groupon went public at $20 per share on November 4, 2011, valuing the company at the time at well over $10 billion."

In a statement following the report, DigitalOympus.com spokesperson stated that properly conducted due diligence investigations by specialized firms can help companies and individuals make the right decision in choosing where to invest. "Nothing should be left to chance in business transactions especially giving the right information to parties involved."

As a leading news and technologies blog, DigitalOlympus.com is committed to supplying beneficial recommendations on how to steer clear of fraud and corruption violations, whilst also encouraging the adoption of due diligence procedures, background investigation and intelligence policies that can help companies boost their efficiency with respect to books and records internal controls.

About Digitalolympus.com
Digitalolympus.com is a news blog dedicated to educating its readers on the latest technology advances. They are committed to gathering information on up and coming technologies that will enhance the lives of their readership. Digitalolympus.com is always at the forefront of technology news and events guiding its readers to accurately determine the best course of action for themselves and their businesses.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

News blog DigitalOlympus.com has commented on recent reuters.com news article concerning JPMorgan Chase & Co CEO Jamie Dimon’s inability to stop the criminal probe against his bank, and highlighted this latest development as an example of the U.S. government maintaining a strong position against fraud.

Chicago, IL -- (SBWIRE) -- 10/24/2013 -- On October 22, DigitalOlympus.com commented on recent news story by Aruna Viswanatha, Karen Freifeld and David Henry published on reuters.com regarding JPMorgan Chase & Co CEO Jamie Dimon's futile pleas to the U.S. Department of Justice (DOJ). Dimon implored and complained to the DOJ but failed to persuade the government to stop the criminal investigations of mortgage fraud at the bank.

The reuters.com report further indicated that, "While JPMorgan was not about to admit wrongdoing, Dimon suspected that ending the criminal probe was a long shot and the bank was not interested in holding up all the other settlements to wait for that." The news piece also noted that civil cases require a lower burden of proof, and can usually be wrapped up faster than parallel criminal proceedings.

Citing people familiar with the matter, the reuters.com news piece reported that prosecutors are not yet done with the investigation; apparently, they are still trying to determine whether JPMorgan misrepresented the quality of the mortgages or not. Dimon has reached a tentative $13 billion deal with the DOJ to settle investigations into alleged bad mortgage bonds that JPMorgan sold to investors before the financial crisis.

In a statement following the report, DigitalOlympus.com main researcher Josh Cole said that other firms can take a cue from the challenges JPMorgan is facing. According to him, all companies should always hire experts in due diligence investigations to avert this kind of situations.

"Even after these issues are solved, it's possible that the problems of the criminal investigation may still persist," said a DigitalOlympus.com spokesperson. "At this point it's very likely that the bank will have to plead guilty to something, I'd recommend them to seek expert advice from companies that specialize in litigation support services."

The reuters.com news article concluded by stating that JPMorgan has not only set aside a total of $23 billion to settle legal issues, but it is also facing over a dozen investigations across the globe.

About Digitalolympus.com
Digitalolympus.com is a news blog dedicated to educating its readers on the latest technology advances. They are committed to gathering information on up and coming technologies that will enhance the lives of their readership. Digitalolympus.com is always at the forefront of technology news and events guiding its readers to accurately determine the best course of action for themselves and their businesses.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

After French food group DANONE’s second unit started an internal investigation into alleged bribery violations in China, business news blog DigitalOlympus.com highlighted the situation as an interesting case study for FCPA analysts and researchers.

Long Island, NY -- (SBWIRE) -- 10/01/2013 -- On September 17, leading business news blog DigitalOlympus.com commented on recent news story by Ruth Bender and Laurie Burkitt published on The Wall Street Journal regarding French conglomerate DANONE's investigation into alleged bribery violations at a second baby-food unit in China. Supposedly the French food group provided improper benefits to key medical staff members in several hospitals in Beijing.

According to the Wall Street Journal news article, "The 21st Century Business Herald, a private Chinese publication, alleged that sales staff promoted Nutricia products by providing "improper" benefits, such as cash rebates, tourism and entertainment vouchers and other gifts to more than a 100 doctors at 14 Beijing hospitals."

The news piece further stated that China Central Television (CCTV) quoted an anonymous source from DUMEX –a baby food brand owned by DANONE–, saying that the company had paid medical staff at a hospital in Tianjin to drum up sales. The Wall Street Journal news article also revealed that the alleged bribes included around 300,000 Yuan (approximately USD 49,000).

"Since DANONE has resolved to verify the allegations broadcasted by CCTV, it would be wise for the firm to seek the services of companies that will conduct the proper corporate investigations," says a DigitalOlympus.com spokesperson. "This will allow the French firm to know where they stand in regards to these allegations, and what would be the best possible outcome for this situation."

In a statement following the report, DigitalOlympus.com lead researcher Josh Cole suggested that any company conducting business abroad should seek advice from due diligence experts in order to avoid similar allegations. DigitalOlympus.com always encourages the adoption of due diligence investigations, fraud investigations and similar practices that can help companies improve their organization regarding internal controls and FCPA compliance programs.

About Digitalolympus.com
Digitalolympus.com is a news blog dedicated to educating its readers on the latest technology advances. They are committed to gathering information on up and coming technologies that will enhance the lives of their readership. Digitalolympus.com is always at the forefront of technology news and events guiding its readers to accurately determine the best course of action for themselves and their businesses.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Leading business news and technology research blog DigitalOlympus.com has commented on a recent reuters.com news regarding the move of TeliaSonera to support Latvia telecoms in its attempt to merge as well as its aim for entire ownership.

Long Island, NY -- (SBWIRE) -- 09/25/2013 -- In the wake of a recent news report by Mia Shanley published on August 9 on reuters.com regarding Nordic telecoms group TeliaSonera statement on Thursday that it supported plans by Latvia to contemplate a merger between fixed-line and mobile telecom operators, and continued interest to increase its stake in the firm, DigitalOlympus.com examines how the intended merger may benefits mobile phone systems users.

According to the reuters.com news report, Latvia revealed on Thursday that it was contemplating an integration of fixed line network operator Lattelecom with mobile operator Latvijas Mobilais Telefons, as a result of a media report that indicated that the government might be getting set for a sale of its remaining stakes in the two firms.

In a statement following the report, DigitalOlympus.com lead researcher Jake Owen stated that "The move by Latvia to consider a merger with fixed-line network operator may be a major evolvement for new mobile systems that may benefit subscribers, mostly those who use either of those lines as business phones."

Furthermore, the reuters.com news stated that head of Baltics mobility services for TeliaSonera, Kennet Radne declared that the firm desires to reinforce its market position in Latvia to maximize the most of growth possibilities. "We believe there are synergies between these companies and we believe there are opportunities to get these companies to work closer together," Radne was cited as saying.

However, in 2008, a proposal by TeliaSonera for complete ownership in the firms was turned down by the government for reasons that it could be detrimental for competition.

Responding to the report, DigitalOlympus.com spokesperson stated that "The integration of the companies might result in a positive outcome of combined efforts which subscribers will benefit from, and as well raise the standard of telecom service in the country."

DigitalOlympus.com is a foremost news and technology research blog, committed to supplying incisive recommendations, and advising the embrace of effective and standard telecom equipment such as Panasonic Phone system devices as well as the efficient application of VoIP phones among others, as well as business policies that can enable businesses to boost their efficiency and live up to the expectations of their sector.

About Digitalolympus.com
Digitalolympus.com is a news blog dedicated to educating its readers on the latest technology advances. They are committed to gathering information on up and coming technologies that will enhance the lives of their readership. DigitalOlympus.com is always at the forefront of technology news and events guiding its readers to accurately determine the best course of action for themselves and their businesses.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Leading business news and technology research blog DigitalOlympus.com has commented on recent reuters.com news regarding the 4G contract awarded by China Mobile Ltd valued at about 20 billion yuan ($3.2 billion).

Long Island, NY -- (SBWIRE) -- 09/18/2013 -- Following a recent news report by Lee Chyen Yee published on August 23 on reuters.com regarding the 4G contract awarded by China Mobile Ltd valued at around 20 billion yuan ($3.2 billion), with Chinese companies obtaining beyond half of the biggest prize in the worldwide telecom sector this year while foreign companies obtained about a third, DigitalOlympus.com comments on how the deal may influence several mobile phone systems service providers. }

According to Chyen's report on reuters.com "Telecoms equipment makers, such as global leader Ericsson and Huawei Technologies Co Ltd, have been waiting for China Mobile's 4G tender to lift the fortunes of an industry that has been hit by a lack of spending worldwide."

Furthermore, the evolvement of a 4G network by the carrier which with over 700 million mobile customers is the globe's largest by subscribers, is also considered as significant to it obtaining a deal with Apple Inc. to carry its impressive iPhone.

In a statement following the report, DigitalOlympus.com principal researcher Josh Cole applauded the move of China Mobile Ltd in its decision to award the huge 4G deal which several subscribers will benefit from which includes those who use their devices as VoIP phones.

The reuters.com report further stated that Shenzhen-centered Huawei and crosstown competitor ZTE have achieved about 25 percent each of the total 4G contracts in China Mobile's offer this year, however European vendors Ericsson, Alcatel-Lucent SA and Nokia Siemens Networks (NSN) have achieved a share of around 10 percent each.

In response to the report, DigitalOlympus.com spokesperson opined that business phones users will be among those who will benefit hugely from the deal.

DigitalOlympus.com is a foremost news and technology research blog, committed to supplying incisive recommendations, and advising the embrace of effective and standard telecom equipment such as Panasonic Phone system devices as well as the efficient application among others, as well as business policies that can enable businesses to boost their efficiency and live up to the expectations of their sector.

About Digitalolympus.com
Digitalolympus.com is a news blog dedicated to educating its readers on the latest technology advances. They are committed to gathering information on up and coming technologies that will enhance the lives of their readership. DigitalOlympus.com is always at the forefront of technology news and events guiding its readers to accurately determine the best course of action for themselves and their businesses.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Leading business news and technology research blog DigitalOlympus.com has commented on a recent reuters.com news regarding the disclosure of China’s Huawei not to acquire another smartphone maker to boost its market share in the smartphone market.

San Diego, CA -- (SBWIRE) -- 09/16/2013 -- In the wake of a recent news report by Paul Sandle published on September 4 on reuters.com regarding the resolution of China's Huawei not to acquire another mobile phone producer like BlackBerry to grow its market share in smartphones, DigitalOlympus.com comments on the decision of the phone system maker.

The reuters.com report points that senior vice president and board member Chen Lifang made the statement on Wednesday regarding the decision of the firm. However, the attention of analysts has been drawn to the future of embattled smartphones producers Blackberry and HTC Corp after Microsoft reached an agreement to acquire Nokia's handset business which was reported on Tuesday. On Wednesday, Chen Lifang declared that the group was not deliberating buying out another smartphones maker.

In a statement following the report, DigitalOlympus.com spokesperson stated that the fight for market share in the smartphones sector is intensifying as a result of the near-saturation in the sector. "Several firms are making different moves to boost their market shares in a sector where the use of VoIP phones has contributed to the growth."

The reuters.com report further states that in June, Huawei was linked to Nokia when the head of Huawei's consumer business, Richard Yu was cited by the Financial Times newspaper as saying the firm could deliberate a purchase like the buying of the Finnish group. Huawei undermined the report, declaring it has no intention of acquiring Nokia.

DigitalOlympus.com principal researcher Josh Cole opined that the move of Samsung to introduce various models of smartphones into the market which has yielded high market share for the firm has bitten a significant chunk off the market share reducing that of rivals. "The use of smartphones as business phones has led to more customers in emerging and developed markets though competition among smartphones makers has intensified."

DigitalOlympus.com is a leading news and technology research blog, committed to supplying incisive recommendations, and advising the embrace of effective and standard telecom equipment such as Panasonic Phone system devices, as well as business policies that can enable businesses to boost their efficiency and live up to the expectations of their sector.

About Digitalolympus.com
Digitalolympus.com is a news blog dedicated to educating its readers on the latest technology advances. They are committed to gathering information on up and coming technologies that will enhance the lives of their readership. DigitalOlympus.com is always at the forefront of technology news and events guiding its readers to accurately determine the best course of action for themselves and their businesses.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

News and technology blog DigitalOlympus.com commented on a New York Times news article that reported on the latest probe into top financial services company JP Morgan Chase over alleged FCPA violations in China.

Seattle, WA -- (SBWIRE) -- 09/12/2013 -- On September 11, news and technology blog Digital Olympus.com commented on a New York Times news story called "Hiring in China By JPMorgan Under Scrutiny," written by Jessica Silver-Greenberg, Ben Protess and David Barboza. The news article reported that Federal authorities had opened a bribery probe into JPMorgan Chase over a possible violation of the Foreign Corrupt Practices Act in China.

The New York Times news piece stated that –according to a confidential United States government document–, JPMorgan Chase might have hired family members of influential Chinese officials, and head executives at state-owned companies, in the hope of helping the bank win profitable business and other contracts in China, a country that has recently become a booming nation.

If these allegations were in fact true, it would represent a direct violation of the Foreign Corrupt Practices Act (FCPA), a law enacted in 1977 that bars American companies from bribing officials overseas to influence any decision for business gain. However, as pointed out by DigitalOlympus.com lead researchers, bribery can take many forms under the FCPA.

"This regulatory probe into JPMorgan, one of the largest firms in the Banks sector, should serve as a cautionary tale for all companies doing business abroad," said a DigitalOlympus.com spokesperson. "The fact that hiring a family member of a government official is considered a form of bribery, it shows just how broad the definition of bribery is under the FCPA."

The team of researchers at DigitalOlympus.com also took the opportunity to remind their readers that the definition of "government official" (under the Foreign Corrupt Practices Act) is broader than it was initially thought: "The only way to be sure that a company is in compliance with this anti-bribery law is to employ experts in FCPA that can properly conduct comprehensive and timely due diligence investigations."

As a leading news and technology blog, DigitalOlympus.com is always encouraging its readers to look into expert firms, specialize in anti-corruption, that can aid them in developing successful compliance programs and help them gain a better understanding of U.S. anti-bribery laws and regulations.

About DigitalOlympus.com
Digitalolympus.com is a news blog dedicated to educating its readers on the latest technology advances. They are committed to gathering information on up and coming technologies that will enhance the lives of their readership. Digitalolympus.com is always at the forefront of technology news and events guiding its readers to accurately determine the best course of action for themselves and their businesses.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

News and technology blog DigitalOlympus.com has commented on a Wall Street Journal news article concerning the Securities and Exchange Commission latest probe into SciClone Pharmaceuticals Inc. due to alleged FCPA violations.

Long Island, NY -- (SBWIRE) -- 08/27/2013 -- On August 19, popular news blog DigitalOlympus.com commented on a Wall Street Journal news article by Christopher M. Matthews concerning the Securities and Exchange Commission's decision to launch a new formal probe into SciClone Pharmaceuticals Inc. in order to investigate the company's compliance with the Foreign Corrupt Practices Act.

According to the aforementioned news piece, "SciClone Pharmaceuticals Inc. said Friday it had received another subpoena from federal authorities in the course of a long-running foreign corruption probe." The news article also stated the Foster City, Calif.-drug company had received a previous subpoena in 2010 from the SEC related to some of its marketing activities in China.

To be more precise, for the last three years both the SEC and the Department of Justice have been conducting an inquiry into the pharmaceutical company for alleged violations of the U.S. Foreign Corrupt Practices Act that were mostly related to sales and marketing expenditures at NovaMed Pharmaceuticals (Shanghai) Co. Ltd., the company's Chinese subsidiary.

After reviewing the circumstances surrounding the SEC's decision, Josh Cole, a lead researcher at ar, underscored SciClone Pharmaceuticals Inc. approach to the probe. According to Cole, SciClone's decision to open a new independent internal investigation shows that while no company wants to undergo a FCPA probe, most of them do learn how to better conduct their business in foreign countries.

"Company executives grasp a better understanding of business practices in foreign countries after this kind of situations have arisen," said Cole. "But that's looking at the glass half-full. Why wait to take remedial actions? Business leaders must employ experts to conduct investigations and learn about how the company should operate in a foreign country."

Cole also stressed the importance to exercise constant due diligence in order to make decisions that will allow the company to execute effective FCPA compliance programs.

The Wall Street Journal concluded by affirming that SciClone had cut its earnings estimates for 2013 due to the increasing legal and accounting costs related to this FCPA investigation (more than $16 million this year alone).

The news piece stated that the pharmaceutical company is also investing in improving its FCPA compliance programs, in an attempt to adequately implement their internal controls and comply with all the pertinent laws.

As an important member of a leading news and technology blog, Cole encourages Digital Olympus' readers to hire third-party companies to strengthen their compliance programs.

About DigitalOlympus.com
Digitalolympus.com is a news blog dedicated to educating its readers on the latest technology advances. They are committed to gathering information on up and coming technologies that will enhance the lives of their readership. Digitalolympus.com is always at the forefront of technology news and events guiding its readers to accurately determine the best course of action for themselves and their businesses.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

News and technology blog DigitalOlympus.com commented on a recent IGN news article regarding Japanese videogame developer Square Enix’s new philosophy emphasizing the importance of business intelligence in the company’s latest changes.

Astoria, NY -- (SBWIRE) -- 08/02/2013 -- On August 1st, news and technology blog Digital Olympus.com commented on an IGN news article by Colin Moriarty regarding the company's new philosophy and retooled strategies after the thorough internal audit that started with the appointment of the new president of the company Yosuke Matsuda and the several crucial staff changes that followed.

The IGN news story stated that Phil Rogers, the new CEO of Square Enix's American and European arms in charge of looking after the Japanese developer publishing businesses in both countries, acknowledged "that the company hasn't done a good job of communicating its strategy as it deals with an industry that is rapidly changing and evolving."

According to the IGN news piece, Rogers said that while Square Enix is dedicating most of its time and resources into developing new worlds, richer characters and more engaging gameplay experiences, they understand the need to further investigate how the market is changing. "At the same time new business models have risen up, which we periodically will try to explore," he said.

In response to the IGN news article, DigitalOlympus.com lead researcher Josh Cole commented on Square Enix's changing philosophy highlighting it as a great example of business intelligence. Cole underscored the company's restructuring process, something that began with a comprehensive internal investigation and that is continuing with a sound business intelligence strategy.

"I believe Square Enix is making the right moves. The company is grounding its decisions in due diligence and business intelligence," said Cole. "As we have recommended before, at Digital Olympus we think the best way to replicate this kind of strategy is to employ an independent firm specialized in due diligence investigations as well as business intelligence."

While the IGN news article concluded by praising Square Enix's diversified approach as a strategy to overcome the challenging changes of the videogame industry, IGN editor Colin Moriarty remained skeptical about the Japanese developer's decision to not focus on its hardcore gamers by venturing into new territories, like cutting-edge tablet and mobile games.

As a popular news and technology blog, DigitalOlympus.com is always committed to promoting the adoption of both business intelligence and due diligence practices that can positively impact business models and help small companies improve their decision making process. To replicate successful strategies based on business intelligence, the staff at DigitalOlympus.com recommends employing full service companies specialized in corporate investigations.

About DigitalOlympus.com
Digitalolympus.com is a news blog dedicated to educating its readers on the latest technology advances. They are committed to gathering information on up and coming technologies that will enhance the lives of their readership. Digitalolympus.com is always at the forefront of technology news and events guiding its readers to accurately determine the best course of action for themselves and their businesses.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

In the light of a recent New York Times article regarding GlaxoSmithKline Alleged FCPA Violations, DigitalOlympus.com commented on the news article emphasizing the government's tendency to approach FCPA misconducts more severely in the last few years.

Chattanooga, TN -- (SBWIRE) -- 07/30/2013 -- On July 26, news and technology blog Digital Olympus.com commented on a New York Times news article by David Barboza regarding the Department of Justice and the Securities and Exchange Commission's ongoing probe of the global pharmaceutical giant GlaxoSmithKline (GSK) for alleged Foreign Corruption Practices Act violations.

According to the New York Times news story, the British healthcare company GlaxoSmithKline said last week that the authorities were investigating whether senior managers working for the pharmaceutical company in China were supposedly involved in bribery and other "economic crimes."

The New York Times news article also revealed that a few weeks ago a whistle-blower sent information to GlaxoSmithKline's board claiming that their employees in China had been bribing doctors. After that GSK said they conducted an internal thorough investigation that concluded there was no incontrovertible evidence of bribery.

In response to the New York Times news article, DigitalOlympus.com lead researcher Josh Cole took the opportunity to stress out the importance of having a trustworthy firm specialized in conducting due diligence investigations that can help companies prevent this kind of situations in a timely manner.

"At Digital Olympus we have explained the impact that business intelligence can have in a company when it's part of a program developed by a specialized firm," said Cole. "Nowadays is more about preventing than remedying. The best course of action is to employ experts in FCPA before venturing into international markets, especially China."

The Wall Street Journal news article concluded by quoting Simon Steel, a GlaxoSmithKline spokesman, who said last Monday that even though it was still unclear for them what was the precise nature of that Foreign Corruption Practices Act investigation, they were definitely planning to cooperate.

About DigitalOlympus.com
Digitalolympus.com is a news blog dedicated to educating its readers on the latest technology advances. They are committed to gathering information on up and coming technologies that will enhance the lives of their readership. Digitalolympus.com is always at the forefront of technology news and events guiding its readers to accurately determine the best course of action for themselves and their businesses.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

In light of a recent Wall Street Journal article about the DOJ and the SEC’s decision to not prosecute Medtronic Inc. for alleged FCPA Violations, news blog DigitalOlympus.com commented on this case as an example of the importance of cooperating with the authorities in these situations.

Houston, TX -- (SBWIRE) -- 07/02/2013 -- On June 28, popular news blog DigitalOlympus.com commented on a recent Wall Street Journal article by Samuel Rubenfeld regarding the Department of Justice and the Securities and Exchange Commission's decision to not prosecute medical device maker Medtronic Inc. for alleged Foreign Corrupt Practices Act (FCPA) violations.

The Wall Street Journal article revealed that both the SEC and the DOJ have declined to prosecute Medtronic for foreign-bribery violations that were related to the sale of its products abroad. This information was disclosed earlier last week in a regulatory filing by the medical device manufacturer.

According to the news piece, "Medtronic said in the filing both the SEC and the Justice Department told the company this month they would be closing the investigation without pursuing any charges." The article also stated that Medtronic had received letters from the U.S. authorities in 2007 looking for information on any potential FCPA misconducts.

Since its adoption in 1977, the Foreign Corrupt Practices Act prohibits the use of bribes to foreign officials by U.S. companies to create or maintain business deals. Medtronic Inc. said the SEC and the DOJ demanded additional information since the FCPA inquiries began six years ago.

In response to the Wall Street Journal news article, DigitalOlympus.com lead researchers emphasized the importance of cooperating with the authorities when facing allegations of FCPA violations. They also recommended due diligence investigations whenever these types of misconducts are suspected.

"Taking into consideration that Medtronic disclosed in 2008 that it was cooperating with both requests from the SEC and the DOJ, it's no surprise that the American authorities declined to prosecute it for foreign-bribery violations," said a spokesperson from DigitalOlympus.com.

Medtronic's collaboration, probable internal investigations, as well as its remedial measures, could be perceived not only as great examples of business intelligence but also as significant examples of the importance of hiring experts who can help corporations develop compliance programs that avert illegal activities.

The Wall Street Journal article concluded by stating that, "Competitors also received similar letters, the filing said. The medical device industry has been the subject of FCPA inquiries since at least 2007. Many countries have national health systems, and U.S. authorities consider employees of those systems as foreign officials under the law."

As a leading news and technology blog, DigitalOlympus.com promotes the implementation of due diligence practices that can help businesses improve their chances of averting FCPA misconducts.

About DigitalOlympus.com
Digitalolympus.com is a news blog dedicated to educating its readers on the latest technology advances. They are committed to gathering information on up and coming technologies that will enhance the lives of their readership. Digitalolympus.com is always at the forefront of technology news and events guiding its readers to accurately determine the best course of action for themselves and their businesses.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Popular news and technology blog DigitalOlympus.com has commented on a recent Reuters’ news article regarding Boeing’s decision to resume deliveries of its 787 Dreamliner aircraft on Tuesday

Augusta, GA -- (SBWIRE) -- 06/27/2013 -- On May 15, popular news and technology blog DigitalOlympus.com commented on a recent article by Alwyn Scott in Reuters' news regarding Boeing's effort on the resumption of deliveries of its high-tech 787 Dreamliner aircraft on Tuesday.

According to the Reuters news piece, the resumption of the aircraft deliveries on Tuesday marks the end of almost four months period in which Boeing was not permitted to deliver new aircrafts to its customers due to safety worries that were linked to the battery system of the aircraft.

Responding to the Reuters news piece, DigitalOlympus.com leading researcher Josh Cole highlighted Boeing's effort to resume deliveries of the Dreamliner 787 as a giant step in the right direction targeted towards asset recovery after the Dreamliner was grounded globally in mid-January due to battery hiccups.

The Reuters news article further disclosed that the delivery of the first aircraft with a revamped battery system indicates a defining moment in Boeing's 787 predicaments, enabling the aircraft producer to book revenue for concluded sales of the aircraft, which is worth $207 million at list prices. As a result, Boeing shares increase by 1.4 percent to close at $96.11 on the New York Stock Exchange, their maximum levels since November 2007.

In a statement following the report, Cole applauds the due diligence of Boeing regarding their ability to bounce back from the global grounding hiccups through a revamped battery system, and the current aircraft deliveries to customers after a hold of almost four months. "Boeing's recovery from the battery challenges and quick reintroduction of its aircrafts via rapid deliveries to customers indicates business intelligence which is essential for the success of any business regardless of the sector."

As a leading news and technology blog, DigitalOlympus.com is committed to promoting the adoption of business intelligence and due diligence practices that can help companies improve their decision making process, and advises its readers to employ full service companies specialized in corporate investigations when required.

About DigitalOlypus.com
DigitalOlympus.com is a leading news and technology blog committed to providing essential information to its readers in relevant facet of businesses, as well as in technological advancements and in social world to assist them in making rational and informed decisions, and how to avoid the pitfalls that usually comes with making decision making.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Popular news and technology blog DigitalOlympus.com has commented on a recent Fox Business news piece regarding NHTSA investigation of Ford F-150 Pickups for Reduced Engine Power.

Boston, MA -- (SBWIRE) -- 06/25/2013 -- On May 28, popular news and technology blog DigitalOlympus.com commented on a recent Fox Business News article regarding United States safety regulators probe concerning reports of a swift decline in engine power in an approximated 400,000 of Ford Motor Co's 2001 to 2013 model-year F-150 Pickup trucks.

According to the Fox Business News piece "The National Highway Traffic Safety Administration said it opened a preliminary evaluation to assess whether the large pickup trucks have a safety related defect after receiving 95 reports alleging incidents of reduced engine power during hard accelerations at highway speeds, such as merging or passing maneuvers, in trucks with 3.5-liter gas turbocharged direct injection engines."

Responding to the Fox Business News piece, DigitalOlympus.com leading researcher Jake Owen stated that the investigations of the NHTSA concerning the Ford F-150 Pickups for reduced engine power will obviously focus on safety precautions of the truck users, and the violations of the Foreign Corrupt Practices Act.

The Fox Business News piece further revealed that several of the grievances purported safety concerns connected with passing vehicles, though NHTSA disclosed no accident have been reported till date. A preliminary probe is the first move that could end up in a recall if regulators discovered a safety problem requires revamp.

In a statement following the report, Owen commends the due diligence of the NHTSA in initiating a preliminary probe that will address the challenges the vehicle might be facing, and requesting for the recall of the trucks if the need be.

As a foremost news and technology blog, DigitalOlympus.com is devoted to delivering insightful recommendations and encouraging the adoption of due diligence procedures as well as business intelligence policies and corporate investigations that can help businesses enhance their efficiency and live up to the expectations of their industry.

About Digitalolympus.com
Digitalolympus.com is a news blog dedicated to educating its readers on the latest technology advances. They are committed to gathering information on up and coming technologies that will enhance the lives of their readership. Digitalolympus.com is always at the forefront of technology news and events guiding its readers to accurately determine the best course of action for themselves and their businesses.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Following a Forbes news article regarding SoftBank’s improved bid for Sprint Nextel, news blog DigitalOlympus.com commented on the situation hailing the due diligence actions carried out by the all the companies involved throughout the whole negotiation process.

New York, NY -- (SBWIRE) -- 06/17/2013 -- On June 14, popular news and technology blog DigitalOlympus.com commented on a Forbes news article about Japanese Telecom and Internet Company SoftBank's revised offer for Sprint Nexte. After an exhaustive due diligence process, Sprint's board seems to have taken a deeper interest in SoftBank's improved bid.

A recent Forbes news article revealed that Sprint Nextel's buyout saga seems to have taken a decisive turn. Softbank's $21.6 billion revised deal has received undivided support from Sprint's Board of Directors as well as their largest shareholder. The key appealing factor for Sprint's investors is the substantial cash boost the bid has received.

According to the news piece, "While backing SoftBank's revised offer, Sprint said that it has ended discussions with Dish after a long due diligence process that led the board to conclude that Dish's offer was not reasonably likely to lead to a proposal superior to SoftBank's."

DigitalOlympus.com lead researcher Josh Cole commented on the article praising Sprint's commitment to conduct a comprehensive due diligence investigation on Dish's offer. Due diligence was a key part of the process that, allegedly, has proven that Softbank's $21.6 billion bid is actually superior to the deal proposed by Dish Network.

"Even after conducting the proper investigations Sprint's shareholders pushed the voting date to June 25," said Cole. "In light of the recent events, this is probably one of the best decisions they could have made. No doubt, this is a great example of business intelligence in action."

The Forbes news article concluded by stating that it is still unclear if SoftBank's improved bid will influence its plan of acquiring Clearwire. Taking into consideration that, if this deal proceeds, the new Sprint will have less cash to start a whole different bidding battle with Dish, the revised offer could have a bigger impact than anticipated in the industry.

As a news and technology blog, DigitalOlympus.com is committed to promoting the adoption of due diligence processes that can provide valuable information for companies looking to improve their decision-making process. DigitalOlympus.com recommends its readers to contemplate the possibility of engaging the services of third party professionals specialized in due diligence and business intelligence when needed.

About DigitalOlympus.com
Digitalolympus.com is a news blog dedicated to educating its readers on the latest technology advances. They are committed to gathering information on up and coming technologies that will enhance the lives of their readership. Digitalolympus.com is always at the forefront of technology news and events guiding its readers to accurately determine the best course of action for themselves and their businesses

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

In this new guide as featured on TelcoDepot.com, DigitalOlympus.com helps businesses choose between traditional and virtual/hosted PBX solutions through a step-by-step comparison of features presenting the best and worst aspects of each and allowing businesses to come to an informed decision.

Boston, MA -- (SBWIRE) -- 06/11/2013 -- This guide by DigitalOlympus.com presents a step-by-step comparison of features of traditional and hosted/virtual PBX phone system solutions as featured on TelcoDepot.com, and helps businesses weigh merits and demerits in their selection process.

This guide is based on feedback from phone system experts TelcoDepot.com. From a seller's perspective, they indicate that they would rather sell hosted PBX because of the much higher recurring revenue on per extension basis compared to the per line basis (as with traditional PBX). Also, since the initial cost is only a monthly fee it is easier to market.

Initial Factors

For businesses with traditional wiring and no data network, the prescribed solution, according to experts is a digital phone system like the Xblue X16 or Vertical SBX VoIP phone system.

If there is a desire to have a traditional analog line for any reason, then there must be an on-site (traditional) PBX system. A major reason why businesses would want to have analog lines is for redundancy in the case of Internet outage.

Need-based Considerations

Some businesses need more extensions than actual phone lines to enable them manage incoming calls more effectively. With a hosted solution, this arrangement is more expensive as they would have to pay a monthly fee on all extensions, while in with the on-site solution they only pay for the lines they use.

The dilemma here is that it is smarter in terms of organization and efficiency for businesses with high incoming call numbers to 'divide' up incoming call flow with multiple extensions than to purchase new lines. Luckily, there is middle ground courtesy of hybrid phone systems that combine traditional lines and VoIP lines.

Best Features Comparison

On-site PBX has much better call routing capabilities as a user can control many of the features independently. However advanced features like call recording, multilevel auto attendant and free smart phone clients (that can be part of a call group) are only available on hybrid VoIP phone systems like the Xblue X50, Allworx or TD-1000 phone systems.

Conclusion

Experts encourage businesses to use hybrid phone systems that support analog lines as needed while also providing virtualization through extensions, as this makes call management easier and cheaper in the long run for businesses of any size.

Follow more business news and technology reviews online from DigitalOlympus.com at www.digitalolympus.com

About DigitalOlympus.com
Digitalolympus.com is a news blog dedicated to educating its readers on the latest technology advances. They are committed to gathering information on up and coming technologies that will enhance the lives of their readership. Digitalolympus.com is always at the forefront of technology news and events guiding its readers to accurately determine the best course of action for themselves and their businesses.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Popular news and technology blog DigitalOlympus.com has commented on a recent Fox Business article concerning a judge’s ruling to dismiss challenge to New York City’s E-Hailing cab program.

Long Island, NY -- (SBWIRE) -- 04/29/2013 -- On April 25, popular news and technology blog DigitalOlympus.com commented on a recent article by Gabrielle Karol in Fox Business regarding a judge's dismissal to a challenge by Manhattan-based livery car group to New York City's e-hail app program which aims to automate the taxi hailing process.

According to the Fox Business piece, Taxi & Limousine Commissioner David Yasskey and NYC Corporation counsel Michael A. Cardozo issued a statement that E-hailing apps for yellow cabs in New York City will now be permitted to run a test period spanning 12 months. The judge's ruling is being applauded by some apps manufacturers that focused on vehicle alert-system technology.

Responding to the Fox Business news story, DigitalOlympus.com business intelligence researcher Jake

Owen acknowledges the significant complexity of analyzing and weighing the multitude of factors at play in making such a decision. The rapid development of new technologies and their application in mature industries will no doubt raise new challenges for judges for the foreseeable future. The judge's decision has at least for now opened a door into additional developments for the vehicle alert-system technology sector and may contribute to conditions for a level playing field for firms specializing in producing vehicle alert-systems and potentially create more jobs.

Since the initial launch of Uber for New York City yellow cabs in September, Uber CEO Travis Kalanick, whose company plans to participate in the pilot argues that it is impossible to stop change if the people crave for it. A spokesman for the firm also disclosed that UberTaxi which allows e-hailing of yellow cabs via the same app will be introduced soon.

The Fox Business article further revealed that New York's Black Car Assistance Corporation are debating appealing against the judge's dismissal of the initial challenge. "The fundamental grounds are that the TLC has no legal authority under local law to impose this program, whether as a pilot or otherwise. There are specific local laws that are being violated in this instance" Randy Mastro, the corporation's lawyer argued.

Following the piece, Cole highlighted some suggestions to innovators facing similar legal challenges, "It is essential for companies to conduct in depth due diligence and thorough investigations into the political and legal landscape that may present challenges on the road to a successful endeavor. Of course, even with the most thorough investigation and analysis one may find oneself in unforeseen circumstances requiring legal and litigation support. Still, doing one's "homework" is critical regarding the line of business they intend to invest and trade in, and it will enable them understand the basics and prepare for how to tackle challenges."

As a leading news and technology blog, DigitalOlympus.com is committed to providing our readers with thought-provoking viewpoints on current business trends.

About Digitalolympus.com
Digitalolympus.com is a news and technology blog dedicated to delivering timely and informative insights into current business and technology trends as well as useful tips for lifestyle and entertainment designed to the enhance experiences if our readers. Recent articles have explored current pressing issues in international business including bribery and anti-corruption and issues specifically related to the United Stated Foreign Corrupt Practices Act.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

News and technology blog DigitalOlympus.com commented on a Wall Street Journal article regarding Blackstone Group’s decision to end its pursuit of Dell Inc., highlighting their due diligence efforts as one of the key factors that led to this decision.

Long Island, NY -- (SBWIRE) -- 04/26/2013 -- On April 23, popular news and technology blog DigitalOlympus.com commented on a recent Wall Street Journal article about private equity firm Blackstone Group's decision to end its pursuit of Dell Inc., just a month after making preliminary offers for the computer maker that challenged the $24.4 billion proposal by the company's founder Michael Dell and Silver Lake Partners.

A recent Wall Street Journal news story revealed that Blackstone's decision to pull out, after trying to counterbid a leveraged buyout by the PC maker's Chief Executive, comes as the result of a comprehensive due diligence process that exposed concerns about significant drops in Dell's operating income, as well as the declining PC sales worldwide.

The article further stated that, according to people familiar with the matter, "The Blackstone team was in Texas last week conducting due diligence on the company, and its review raised doubts about the future of Dell's PC business." This decision to bow out of negotiations comes almost a month after Blackstone Group LP signed non-disclosure agreements to inspect Dell's books.

Following the Wall Street Journal piece, DigitalOlympus.com leading researchers described the decision by Blackstone to pull out, after examining Dell's financial books, as an example of how due diligence and business intelligence can improve decision-making for companies and organizations.

"Due diligence investigations that can gather as much data as possible to allow business leaders to make informed decisions when structuring a deal have become mandatory in this day and time," said a lead researcher at DigitalOlympus.com. "There's no denying it, business due diligence can help executives assess investment opportunities and foresee possible investment outcomes more efficiently."

The Wall Street Journal news article on the latest development of the Dell buyout saga concludes by reporting that although Dell and Blackstone have declined to comment, "The halt to Blackstone's rival deal effort leaves Silver Lake and Mr. Dell in a stronger position to push ahead with their offer to buy all of the company's shares not owned by Mr. Dell and his affiliates for $13.65 apiece."

As a news and technology blog, DigitalOlympus.com is committed to promoting the adoption of due diligence practices that can help business executives gain greater insight into their decision making process, and recommends its readers to utilize third party professionals that can carry out a thorough background investigation before venturing into investing.

About DigitalOlympus.com
Digitalolympus.com is a news blog dedicated to educating its readers on the latest technology advances. They are committed to gathering information on up and coming technologies that will enhance the lives of their readership. Digitalolympus.com is always at the forefront of technology news and events guiding its readers to accurately determine the best course of action for themselves and their businesses.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

The blue crystal waters of the Mediterranean have been a favorite hot spot for travelers from all over the globe for decades. News blog Digitalolympus.com presents options for making travel plans to the Greek Islands of Mediterranean for summer holidays.

Long Island, NY -- (SBWIRE) -- 04/24/2013 -- Digitalolympus.com, in its latest addition to its "Travel Tips" series presents tips and options for tourists making travel plans to the Greek Islands of Mediterranean for the summer. Our investigations into some of the best options for touring the Greek Islands of the Mediterranean are presented.

Mykonos, a small island in the Aegean boasts some of the best night clubs in the region as well as many golden beaches that dot the island. Visit picturesque Paraga beach famous for its music beach bars and restaurants that exude a holiday feel all year long. Mykonos also offers tours of the island as well as boat excursions to one of Greece's most famous archaeological sites, the island of Delos. Delos, according to myth, is the birthplace of the Greek God Apollo, and has been declared a national museum and sits just 2 kilometers to the west of Mykonos.

If one is looking for peace and tranquility, one need look no further than beautiful Naxos. Among the largest of the Cyclades, Naxos is the mythological childhood home of Zeus and the birthplace of his son Dionysus, god of wine and feast. Naxos is a true gem of the Greek Islands, unlike some of the other over crowded islands Naxos has managed to stay authentic and retain its natural beauty. When entering the lush green island of Naxos, one is welcomed by the marble gate Portara, the temple of Apollo built in the 6th century BC. The old walled Venetian City in the main town Hora is also a fabulous site to see where one can enjoy the weathe and sites at one of many outdoor cafes and sip on the local spirit Kitron. For a more private and picturesque getaway, hiking paths with breathtaking views and biking trials situated all over the island. make a rewarding experience. Authentic Greek villages dot the island as well where many of the residents still wear their traditional dress and make for a time altering experience. Not to be outdone by the other islands, Naxos also featuress beautiful golden sandy beaches and crystal turquoise waters perfect for any couple looking for a romantic getaway.

Cyprus, the beautiful Island of Aphrodite offers gorgeous beaches, picturesque villages and mouth watering foods. Cyprus is home to many villas where families can enjoy various outdoor activities and stylish living. The famed beaches of Protaras or Paralimni offer beachgoers sandy white beaches and crystal blue waters, and with water parks just a short distance by car, a great convenience for families with children. The old fishing town turned tourist mega attraction of Agia Napa offers abundant nightlife, fantastic beaches, as well as educational fun with a Marine Park where one can enjoy dolphins, and a Dinosaur Park where children can visit with prehistoric creatures. On the western coast of the Island the city of Paphos no doubt offers the same beautiful beachgoing options. Surfing and scuba diving are among the many options for for day time activites as well as hiking and even mini golf. Paphos is also home of the ancient "Tombs of the Kings", a UNESCO World Heritage Site, where underground tombs dating back to the 4th century BCE and carved out of solid rock are believed to be the burial sites of ancient Cypriot aristocrats. The Troodos Mountains where you can visit ancient monasteries and enjoy the fresh pine air at an outdoor taverna are also just a short drive from Paphos.

"Planning a trip can be stressful, that's why we hope our travel tips take the edge off. Whether you are traveling with friends or the family, Digitalolympus.com will continue to update you on fascinating destinations" says a Digitalolympus.com spokesperson.

The Mediterranean has enchanted travelers for centuries. Make memories that will last a lifetime whether you take the popular route or the road less traveled. The islands of the Mediterranean are majestic and its people friendly and welcoming.

About Digitalolympus.com
A news and technology Blog, Digitalolymous.com is focused on furnishing its readers with current, useful, and educational material intended to empower and inform. Our topics of discussion include political and business topics such as due diligence, litigation support, investigations, business intelligence, and the FCPA, as well as our informative and entertainment oriented discussions including Travel Tips and Technology News. For more information visit digitalolympus(dot)com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Long Island, NY -- (SBWIRE) -- 04/23/2013 -- Digitalolympus.com understands that in our current economic climate experiencing that fabulous European vacation is not realistic for most of us. In its latest Travel Tips article, Digitalolympus.com introduces its readers to the beautiful city of Montreal. What makes Montreal, Quebec standout among other cities is its strong connection to its French roots and European sensibilities. Montreal is proud to be the second largest French speaking city outside of Paris, France. Old and new world charm meet to the delight of locals and visitors alike.

Digitalolympus.com conducts thorough investigations into the best sites to see while in Montreal. Visit its breath taking Underground City which was built to give residents refuge during the harsh winters and humid summers. Take a stroll through Mount Royal Park or the Montreal Botanical Gardens. Afterwards, go shopping in Old Montreal and enjoy a mouthwatering meal at one of its outdoor cafes.

Montreal is a great holiday destination for the entire family. Rent bikes or rollerblades and go on a guided tour of the city on wheels. Spend an afternoon at the Montreal Science Center for loads of interactive fun. Digitalolympus.com does their due diligence to make your traveling experience less stressful and more memorable.

"Let Digitalolympus.com introduce you to great travel destinations that you may never have thought of on your own. Whether by plane, train or car, Montreal is the closest thing to Europe we have in North America. We encourage you to take advantage of all this beautiful city has to offer," says a Digitalolympus.com spokesperson.

Summer is just around the corner; make your plans to travel to Montreal for its annual Jazz Festival. Experience the foods that are quintessentially Montreal, and bring some back home for friends to enjoy. The city of Montreal will leave all your five senses begging for more.

To learn more about our Travel Tips article on Montreal, please visit www.Digitalolympus.com

About Digitalolympus.com
Digitalolympus.com is an online news and technology Blog dedicated to educating its readers on the latest news happening at home and around the globe. In its current travel series, Digitalolympus.com will endeavor to assist its readers in finding the perfect vacation. They will not only inform you of all the latest tourist hot spots, but will also update you on current events that you should be aware of when vacationing. Digitalolympus.com believes that it is plain business intelligence to be prepared for both manmade and environmental obstacles when traveling. Digitalolympus.com is always at the forefront of news and events guiding its readers to accurately determine the best course of action for themselves and FCPA regulations for their businesses. The goal at Digitalolympus.com is to be your eyes and ears and inform you of local and global cultural and political events that impact your life and business.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

In the light of the recent foreign bribery charges unsealed against Alstom executives, as reported on the Wall Street Journal, news and technology blog DigitalOlympus.com commented on the situation highlighting it as an important example of the U.S. Government's approach to Foreign Corrupt Practices Act violations.

Astoria, NY -- (SBWIRE) -- 04/19/2013 -- On April 17, popular news and technology blog DigitalOlympus.com commented on a recent Wall Street Journal article regarding the bribery charges against Alstom execs highlighting this situation as an example of how the Foreign Corrupt Practices Act (FCPA) is being severely enforced by the U.S. Government in an effort to keep American companies from making corrupt payments to foreign government officials.

According to a recent Wall Street Journal news story, the U.S. Justice Department arrested Frederic Pierucci (a current Alston subsidiary executive from France) at John F. Kennedy International Airport in New York last Sunday for his alleged involvement in a scheme to bribe government officials in Indonesia.

The article goes on to state that the Department of Justice "also revealed that a former Alstom executive, David Rothschild, pleaded guilty in November to charges emanating from the same bribery scheme." These charges against Rothschild, former vice-president of sales at the subsidiary, were not unsealed until recently.

Responding to the Wall Street Journal piece, DigitalOlympus.com leading researcher Josh Cole said, "Since its adoption in 1977, the Foreign Corrupt Practices Act has undoubtedly been one of the priorities of the Justice Department, but the airport arrest of a French national illustrates just how aggressively the FCPA is being enforced."

For the past three decades, the Foreign Corrupt Practices Act –a law that prohibits the payment of bribes to foreign government officials by U.S. based companies– has changed the landscape of American business so deeply that all researchers at DigitalOlympus.com urge their readers to always conduct detailed due diligence investigations before venturing into international markets.

The Wall Street Journal article concluded that although "Alstom has been the subject of several international corruption probes"; the company has successfully settled corruption-related charges before and it's presently cooperating with the Department of Justice, the US Securities and Exchange Commission as well as U.K. authorities to comply with the Foreign Corrupt Practices Act.

As a news and technology blog, DigitalOlympus.com is committed to promoting the adoption of business intelligence and due diligence practices that can prevent bribery. The decision by the Justice Department to arrest a foreign citizen allegedly involved in overseas bribery can be seen as a crucial precedent for all American Companies operating abroad.

About DigitalOlympus.com
Digitalolympus.com is a news blog dedicated to educating its readers on the latest technology advances. They are committed to gathering information on up and coming technologies that will enhance the lives of their readership. Digitalolympus.com is always at the forefront of technology news and events guiding its readers to accurately determine the best course of action for themselves and their businesses.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm