January 8, 2015 10:22 am
Google Inc.s share in the Internet search market in the U.S. was reported to have declined in December 2014. This drop is considered as the largest in six years. According to a report of the analytics firm StatCounter, the search traffic of the U.S.-based company in its home market, excluding mobile devices, declined from 79.3% […]
Read moreJanuary 8, 2015 10:20 am
The biggest smartphone manufacturer by shipments in the world – Samsung Electronics Co. – said that profit fell for a fifth consecutive quarter over the last three months of 2014 amid intensifying competition in the face of Apple and Xiaomi, despite strong sales of its premium Galaxy Note 4 phablet. According to the South Korean […]
Read moreJanuary 7, 2015 3:38 pm
J. Sainsbury Plc reported better-than-expected holiday results, but still continued to lose market share to discounters as the British retailer stated a 1.7% decline in sales. Despite marking one of its worst holiday performances, Sainsbury still reported results above analysts expectations of 2.5% to 4.4% drop in same-store sales during the 14 weeks to 3 […]
Read moreJanuary 7, 2015 2:15 pm
The Motorola brand is to be brought back to China by its owner Lenovo Group Ltd during the first quarter. The move comes as part of the companys strategy to re-establish the brand in the country after more than two-year-long absence. The brand was withdrawn from the country by its previous owner Google Inc. in […]
Read moreJanuary 7, 2015 1:42 pm
Audio-equipment maker Monster launched a lawsuit against Apple-owned Beats Electronics and the Taiwanese smartphone manufacturer HTC over alleged “fraud and deceit”. Monster and Beats teamed-up in 2008 and developed the “Beats by Dr. Dre” brand, a line of high-priced, high-tech audio devices. The Beats products have enjoyed high demand from teenagers and celebrities ever since. […]
Read moreJanuary 7, 2015 10:46 am
J.C. Penney Company Inc reported better-than-expected holiday sales late Tuesday, boosting its shares to levels unseen since last November. The department store operator stated same-store sales increase of 3.7% during the nine weeks of November and December. The strong holiday results also boosted the companys confidence in its quarterly performance. J.C. Penney said it now […]
Read moreJanuary 7, 2015 10:14 am
Micron Technology Inc., the largest US memory-chip manufacturer, projected that sales would fail to reach analysts expectations over the second fiscal quarter due to seasonally low demand. According to the information posted by Micron along with its first-quarter earnings report, sales over the second fiscal quarter ended February are expected to be in the range […]
Read moreJanuary 7, 2015 8:59 am
The largest jet manufacturer worldwide, Boeing Co., revealed in an official statement that it managed to deliver a record number of planes in 2014. This came as a result of accelerated production by the company in order to accomplish its objective for the 787 Dreamliner. According to Boeings statement, the 787 Dreamliners deliveries increased by […]
Read moreJanuary 6, 2015 4:11 pm
Johnson & Johnson began trials of its experimental Ebola vaccine in the UK and said it was prepared to produce up to 5 million doses if required. The New Jersey-based company said in a statement that it has started Phase 1 of its clinical human testing and the first group of volunteers have received the […]
Read moreJanuary 6, 2015 2:43 pm
Dish Network Corp unveiled on Monday its long-awaited online video service targeted at younger viewers who are not keen on paying for big cable packages. The service will be launched nationwide during the first quarter of 2015 and it will provide a mix of live TV and video-on-demand content. Access to Sling TV is priced […]
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