February 6, 2014 7:31 am
Twitter Inc. made its first earnings report as a public company and revealed that its user growth has decreased. The company also posted a net loss that exceeded analysts estimates. Twitter Inc.s shares dropped as much as 19% in extended trading. The company made an official statement, saying it had 241 million active users on […]
Read moreFebruary 5, 2014 2:40 pm
Google Inc. announced that its three-year antitrust battle with the European Union is to come to an end with an agreement. The company and the European Union reached the accord after Brussels accepted Googles latest offer to give its competitors more distinction in search results. After more than two years of negotiations and three separate […]
Read moreFebruary 5, 2014 12:39 pm
Google Inc. announced that its Chairman – Eric Schmidt – received a compensation package estimated to more than 100 million dollars in restricted stock, which was added to his more than 10 billion dollars in net worth, after the companys shares were recorded to increase to a record value. Google Inc. announced in a regulatory […]
Read moreFebruary 5, 2014 10:52 am
Microsoft Corp., the largest software maker in the world, is said to be looking to the veteran technology executive Thompson as the main outside voice in the companys new leadership structure. John Thompson was appointed as the successor of Bill Gates at the Chairman position. Microsoft Corp. made an official statement today, saying that Mr. […]
Read moreFebruary 5, 2014 9:29 am
Sony Corp. is currently negotiating with the buyout firm Japan Industrial Partners Inc. about selling its Japanese personal-computer business, a person familiar with the matter said. The person with knowledge of the situation, who asked not to be named before an official public announcement is made, revealed that a memorandum of agreement for a sale, […]
Read moreFebruary 5, 2014 8:16 am
Apple Inc., which is considered to be one of the largest designers, manufacturers and sellers of personal computers and related personal computing and mobile communication devices along with a variety of related software, services, peripherals and networking solutions, announced that its iOS smartphone operating system made a considerable progress in the U.S. during the final […]
Read moreFebruary 4, 2014 2:59 pm
Lenovo Group Ltds shares fell the most in five years in Hong Kong after the stock was downgraded by at least five brokerages. In January, the company announced deals estimated to 5 billion dollars in order to boost its server and smartphone businesses. The companys shares decreased by 16% and reached 8.41 Hong Kong dollars […]
Read moreFebruary 4, 2014 1:43 pm
The new leadership of Microsoft Corp. could help it almost double its valuation by parting with a large piece of the business it currently uses to attract consumers. Schwartz Investment Counsel Inc. revealed that now as Microsoft prepares to appoint Satya Nadella for its new Chief Executive Officer, jettisoning units such as Xbox video-game consoles […]
Read moreFebruary 4, 2014 12:06 pm
Facebook Inc. turns ten today, marking the tenth year since the founder of the company Mark Zuckerberg and his fellow students created a social network, which turned out to grow to more than a billion users. In 2013 Facebook shifted Yahoo! from its comfortable position and became the U.S. second largest digital advertising platform after […]
Read moreFebruary 4, 2014 9:52 am
International Business Machines Corp. announced that its tax rate has been reduced to a two-decade low with some help from a tax strategy that sends profits through a Dutch subsidiary. The company was facilitated to gradually reduce its tax rate over 20 years by an approach, which involves routing almost all sales in Europe, the […]
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