January 22, 2015 2:05 pm
Royal Bank of Scotland Group Plc announced on Thursday that it had reached an agreement with two peer-to-peer lending platforms to deliver more funding options to smaller businesses. RBS will start referring smaller clients to both Funding Circle and Assetz Capital, if the bank is “unable to financially help at the moment”. The move comes […]
Read moreJanuary 22, 2015 12:47 pm
Oracle Corp. announced a new marketing strategy on Wednesday that focuses on lower hardware prices in order to attract a wider area of clients. Chairman Larry Ellison unveiled the latest generation of the companys server systems at an event at Oracle’s headquarters in Redwood City, California. Mr. Ellison said the new addition to the companys […]
Read moreJanuary 22, 2015 10:46 am
EBay Corp announced on Wednesday it will reduce its workforce by 2 400 employees as the e-commerce giant makes arrangements to split from its enterprise division. The job cuts will represents around 7% of eBays total employees and will be primarily focused on eBays core marketplace unit. The layoffs would be completed by the end […]
Read moreJanuary 22, 2015 9:19 am
Microsoft Corp took on the future as it introduced its latest gadget alongside an upgrade for its Windows operating system, outlining the companys aim to compete at the high-end of the technology market. The HoloLens is a computer platform which projects holograms of objects and allows users to physically interact with them using their hands […]
Read moreJanuary 21, 2015 4:10 pm
Apple Inc has acquired British music analytics start-up Semetric as the iPhone maker gears up for the international release of its Beats Music streaming service later this year. Semetric, which is most famous for its Musicmetric brand, was founded in 2008 and provides information about music sales and downloads as well as opinions for artists […]
Read moreJanuary 21, 2015 2:31 pm
International Business Machines Corp took another hit in the latest quarter as the company switches its focus to cloud computing technology. IBM said on Tuesday that revenue fell 12% to $24.1 billion in the three months ended December 31, marking the eleventh consecutive quarter of declines for the company. Revenue was lower than the $24.8 […]
Read moreJanuary 21, 2015 1:04 pm
SABMiller Plc, the worlds second-largest brewer, reported on Wednesday an increase in third quarter revenue, but said gains were capped by lower demand in China. Net producer revenue, which accounts for excise and other taxes, climbed 4% in the three months to December 31, mirroring analysts expectations. “We continued to drive steady net producer revenue […]
Read moreJanuary 21, 2015 10:49 am
Toyota Motor Corp kept its tittle as the worlds biggest car manufacturer, but projected a sales drop in 2015 on Wednesday, citing lower demand for its vehicles in Japan and Indonesia among other countries. The Japanese carmaker delivered 10.23 million vehicles last year, 3% better compared to 2013. Toyotas performance was also above Volkswagens sales, […]
Read moreJanuary 21, 2015 9:26 am
Netflix Inc announced plans to complete its global expansion over the next two years, faster than expected, despite decreasing subscriber growth in its domestic market. The US video streaming service plans to expand its global reach to around 200 countries. The company said that it currently has establish operations in about 50 countries and has […]
Read moreJanuary 20, 2015 4:10 pm
Johnson & Johnson stated a 0.6% decline in sales during the fourth quarter as a stronger US dollar dented profits from the companys international division. The worlds largest maker of health-care products projected its 2015 adjusted earnings per share to range between $6.12 and $6.27. The estimate, however, does not include the impact of intangible […]
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