November 20, 2014 2:29 pm
Shire Plc revealed that it intends to transfer more than 500 jobs from Chesterbrook, Pennsylvania, location to Lexington, Massachusetts, where its U.S. operational headquarters are planned to be established. The move is considered an attempt by the company to save expenses by combining the location of its worldwide research and development and commercial operations. As […]
Read moreNovember 20, 2014 9:24 am
Yahoo! Inc. managed to strike a five-year contract with Mozilla Corp., which would make it the default search engine on the Firefox browser in the U.S. This puts an end to the unprofitable partnership with Google Inc. The Chief Executive Officer of the company, Marissa Mayer, revealed in a statement, cited by Bloomberg: “At Yahoo, […]
Read moreNovember 20, 2014 8:04 am
The largest mobile-phone chips manufacturer, Qualcomm Inc., said it intended to set foot at the lucrative server chips market and enter a fierce competition with Intel Corp. The company is to provide big data centres operators with server processors, which are based on a technology of ARM Holdings Plc that is widely used in mobile […]
Read moreNovember 19, 2014 3:45 pm
The biggest office-supply chain in the world, Staples Inc., revealed in a filing today that it is not able to “reasonably” estimate the potential losses and expenses it will probably be affected by. The company has recently been faced with difficulties, because of a possible credit-card data breach, which Staples disclosed in October. According to […]
Read moreNovember 19, 2014 2:21 pm
The second-biggest wireless carrier in the U.S., AT&T Inc., made an official statement that it is to reduce its shared 15-gigabyte data plan, fixing the cost to $100 per month. This is the second price reduction in a period of two months. AT&T is preparing for the holiday season, which usually is the time of […]
Read moreNovember 19, 2014 12:52 pm
Royal Dutch Shell Plc won a $1.4-billion tax dispute against the Indian authorities after the Bombay High Court ruled in favour of the companys unit located in the country. The Indian division of the London-based company was accused of transferring under-pricing shares to its patent firm at the amount of $2.5bn (£1.6bn) in February 2013. […]
Read moreNovember 19, 2014 10:50 am
Netflix Inc. made an official statement that it is to launch the biggest subscription-streaming service in the world to Australia and New Zealand in March 2015. The company is following a strategy of expansion and bets on its growth in Europe this year. As reported by Bloomberg, the Chief Executive Officer of the company, David […]
Read moreNovember 19, 2014 8:47 am
International Business Machines Corp. revealed its new service called IBM Verse, which comes as a rival of the companies in the e-mail market, including Google Inc. The new product of the U.S.-based IBM is to be offered to end clients, a quite unusual approach for the company since the sale of its personal-computer unit almost […]
Read moreNovember 18, 2014 2:58 pm
The second-largest clothing retailer on the territory of Europe – H&M Hennes & Mauritz AB made an official statement that its sales growth increased in October. The result eased some concerns related to the impact of mild weather conditions on autumn apparel collections. Simon Bowler, an analyst at Exane BNP Paribas said in a note, […]
Read moreNovember 18, 2014 1:44 pm
Nokia revealed a tablet that operates under the Android software of Google Inc. at the Slush technology conference in Helsinki today. The Head of products division at Nokia, Sebastian Nystrom, said that the device runs Nokias software on top of the Android operating system. Mr. Nystrom said in an interview, cited by Bloomberg: “We wanted […]
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