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GSK to heave its control of its drugs unit in India

December 16, 2013 2:19 pm
GlaxoSmithKline Plc. is a science-led global healthcare company which researches, tests and develops a variety of innovative medicines and brands. The company is trying to increase its stake in Indian subsidiary from 50 to 75%, which is going to make it the latest global company to deploy cash in order to raise exposure to its […] Read more

Microsoft faces the challenge of CEO hunt

December 16, 2013 12:27 pm
Last month Microsoft Corp.s co-founder Bill Gates announced that the companys chief executive officer is a “complex role to fill” in front of the software makers shareholders. This could be valid, in fact considering Microsofts board is still looking for a final candidate. On December the 12th, the No. 2 executive of Qualcomm Inc.s – […] Read more

Hard time for Boeing, Union negotiations fail again

December 14, 2013 2:01 pm
Boeing Co. and its largest union exchanged harsh words on Friday over the latest round of failed contract negotiations. The talks were associated with building the 777X model in the Washington state commercial base of the company. Boeing announced that it is considering proposals from 22 states, all of which are interested in manufacturing the […] Read more

T-Mobile share price rises as Sprint considers an offer

December 14, 2013 9:21 am
T-Mobile US Inc. is known as the fourth-largest wireless carrier in the U.S. The company provides wireless voice, messaging and data services, and consists of advanced nationwide 4G and 4G LTE network. On Friday the share price of the company rose the most in more than a year. The companys share price jumped to $27.64 […] Read more

Verizon and Intel near deal over OnCue service

December 14, 2013 8:26 am
Verizon Communications Inc. seems to be near an agreement to purchase the Internet-based pay-TV startup of Intel Corp. The company has not made an official announcement yet, because the negotiations are not public, but the deal is expected to be announced next week, when the final details about it are set up. Intel Corp. preferred […] Read more

Google fails in its hope of EU settlement over competition changes

December 13, 2013 3:14 pm
Google Inc. has been hoping to settle its high-profile antitrust case in the European Union, but unfortunately its hopes suffered a failure. It turned out that competitors and consumer groups of the company reprimanded its latest proposals that concern resolving the EUs competition concerns. Critics also did not speak highly of Googles initiative. They commented […] Read more

Coca-Cola Americas management shaken up

December 13, 2013 1:09 pm
The senior management of Coca-Cola Co. was seriously shaken late Thursday, when the company announced that its Americas chief is leaving. The news of the resignation of Steve Cahillane, who was once expected to be the successor of Chief Executive Muhtar Kent, stroke all departments of the company, especially taking into account the fact that […] Read more

Samsung being rejected the patent case against Apple by court

December 13, 2013 10:29 am
Samsung Electronics Co. lost the case against Apple Inc., as the court in Seoul ruled that Apple Inc. did not violated some of the Samsungs patents. The case was considered one of the top legal battles of the year, because it managed to highlight the difficulties the company faces when trying to build its cases […] Read more

Intel threatened by Google’s plans for server chips

December 13, 2013 8:26 am
For years now Intel Corp. has been known as a leader on the market of computing and communication components. The company designs, manufactures and sells computer components and related products, such as: microprocessors, chipsets, motherboards, wireless and wired connectivity products, etc. The company controls about 95% of the market for chips in servers that use […] Read more

Avon ceases the implementation of its new order management system

December 12, 2013 2:30 pm
Avon Products Inc. is putting an end to a 125-million-dollar software overhaul the company has been working on for four years now. Complicated utilization of the system forced many of the companys salespeople to quit their jobs after a test of the software in Canada, causing the company to pull the plug on the project. […] Read more