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Ford increases dividend, shares jump

January 10, 2014 9:31 am
Ford Motor Co. has managed to increase its quarterly dividend 25%, which is considered as a quite successful response to the pressure on the company that was expected to return more capital to its shareholders. The auto market has experienced a collapse in 2009, but it succeeded to recover, which resulted into increasing sales in […] Read more

Rolls-Royce ceases merger negotiations with Wärtsilä

January 10, 2014 8:39 am
As the Wall Street Journal reported, one of the most popular industrial companies in the U.K. – Rolls-Royce Holdings Plc, which is also a manufacturer of aircraft engines for Airbus Group NV and Boeing Co., has faced an obstacle in its plans of expanding its growing ship-engine business. Only six months earlier, John Rishton, who […] Read more

Yahoo reveals updated advertising services, amid revenue push strategy

January 8, 2014 3:37 pm
The Chief Executive Officer of Yahoo! Inc – Marissa Mayer – revealed that the company has updated some of its advertising services, mobile products and digital magazines for technology and food news. This is considered part of Yahoos attempt to revive its sales at the largest Web portal in the U.S. During her first keynote […] Read more

Cisco CEO sees ‘Internet of Everything’ as a 19-trillion-dollar market

January 8, 2014 2:17 pm
The Chief Executive Officer of Cisco Systems Inc. – John Chambers, said that the “Internet of Everything” could turn out to be a 19-trillion-dollar opportunity, Bloomberg reported earlier today. Yesterday, Mr. Chambers made a keynote presentation at the International Consumer Electronics Show sharing his view of a world in which objects everywhere are connected to […] Read more

AT&T launches “Sponsored Data” service to subscribers and businesses

January 7, 2014 2:41 pm
As reported by the Financial Times earlier today AT&T plans to become the first major mobile operator in the U.S., which aims to allow companies to offer sponsored content and other free services to its subscribers. This is a strategic move, which is expected to be challenging to wireless “net neutrality” rules. The President of […] Read more

Samsung posts profit decline amid weakened smartphone sales

January 7, 2014 12:39 pm
Samsung Electronics Co. announced its first profit decline in nine quarters as the company reported today. At the same time, the newest iPhones of Apple Inc. became the best-selling high-end handsets. Samsung announced in an official statement today that its operating profit was 8.3 trillion won (7.8 billion dollars) in the last trimester that ended […] Read more

$2.4 billion deal provides T-Mobile with Verizon spectrum

January 7, 2014 9:33 am
T-Mobile US Inc. announced that it had agreed to buy airwaves from Verizon Wireless for about 2.4 billion dollars in cash. The acquisition is part of a spectrum swap that is expected to give both companies bigger network capacity in areas where they need it. T-Mobile is considered as the fourth-largest wireless carrier in the […] Read more

Samsung intends to enter in auto-business, looking for growth options

January 7, 2014 7:49 am
Samsung Electronics Co., which is one of the leading smartphone manufacturers and sellers worldwide, wants to parlay that technology into automotive navigation and entertainment systems for an industry making more than 80 million vehicles a year, as reported by Bloomberg. Now the biggest technology company in Asia is trying to go beyond the hardware that […] Read more

Intel Corp. to attack the mobile devices market

January 6, 2014 3:22 pm
Brian Krzanich, who is the Chief Executive Officer of Intel Corp. is expected to announce at the International Consumer Electronics Show today that the company will do everything in its strength in order to remain relevant to the customers preferences for mobile devices for computing tasks. As Bloomberg already reported earlier today, the Intels Chief […] Read more

Toyota Motor Corp. and Honda Motor Co. Ltd. report record sales in China

January 6, 2014 12:48 pm
Toyota Motor Corp. and Honda Motor Co. Ltd. seem to have recovered from the anti-Japanese boycotts, which resulted in sales decrease in 2012, because they managed to draw a record number of buyers to their brands on the Chinese market in 2013. Toyota Motor Corp. is considered the largest automaker by volume in the world. […] Read more