May 1, 2014 6:38 am
The largest social network in the world – Facebook Inc. is trying to get a better position on the mobile-application business, which is why it revealed some new tools and login options, as well as opportunities for application developers. The launch of the new network is supposed to make Facebook more competitive , especially to […]
Read moreApril 30, 2014 2:51 pm
EBay Inc., the largest online retailer in the world, posted its forecast for the second quarter of the financial year, saying that it expects to generate a revenue between 4.33 and 4.43 billion dollars. This projection trails the median analysts expectation of a 4.4-billion-dollar revenue. Currently, the company has faced some difficulties while trying to […]
Read moreApril 30, 2014 1:09 pm
Total SA, which is the biggest oil manufacturer in France, released a statement today, revealing that its profit for the first quarter of the current financial year decreased by 10%, due to a collapse of refining margins and lower production. Mr. Christophe de Margerie, who occupies the position of a Chairman and Chief Executive Officer […]
Read moreApril 30, 2014 11:35 am
The largest oil company in Europe – Royal Dutch Shell Plc made a statement today, saying its profit for the first financial quarter, excluding one-time items and inventory changes, fell by 3% from 7.5 to 7.3 billion dollars, due to increased expenses and amid production drop. The results, however, surpassed the median analysts estimates of […]
Read moreApril 30, 2014 9:54 am
The third-biggest luxury car manufacturer in the world – Daimler AG – made an official statement today, revealing that its earnings for the first quarter of the current financial year rose by 95% due to increased demand for new models. The company said that its earnings before interest and taxes increased from 917 million euros […]
Read moreApril 30, 2014 8:25 am
Microsoft Corp. made an e-mailed statement yesterday, revealing that it will start offering its Chinese customers the Xbox One video-game console in September this year. This is going to happen about 8 months after the ban imposed by the Chinese regulatory authorities was lifted in January 2014. The ban was imposed by regulators 13 years […]
Read moreApril 30, 2014 7:32 am
Twitter Inc. made an official statement yesterday, reporting decreasing user growth. The user growth declined to 25% in comparison to the 30% growth posted in the previous period, as the company got 255 million active users over the first quarter of the current financial year. The Chief Executive Officer of Twitter – Mr. Dick Costolo […]
Read moreApril 29, 2014 1:22 pm
The second-largest television manufacturer in the world – LG Electronics Inc. announced its results for the first quarter of the current financial year in an official statement today. The company posted operating profit for the first three months of 2014 that almost doubled analysts forecasts, due to increasing demand for large-screen television sets with high-resolution […]
Read moreApril 29, 2014 12:09 pm
Comcast Corp. and Charter Communications Inc. reached an agreement, according to which the latter is to take over 3.9 million more cable-TV subscribers. The deal is supposed to help Comcast get the approval of regulatory authorities for its 45-billion-dollar acquisition of Time Warner Cable Inc., which was announced earlier this month. About 1.4 million existing […]
Read moreApril 29, 2014 9:41 am
The biggest subscription streaming service in the world – Netflix Inc. made a statement, saying that it reached an agreement with Verizon Communications Inc. over getting a more direct access to its FiOS broadband network. Currently, Netflix Inc. has mainly focused on making its video-streaming services more reliable for its customers, as well as providing […]
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