January 9, 2014 10:38 am
After Twitter Inc.s rating was reduced on the stock by Morgan Stanley, the companys shares fell 3.9%. The microblogging service is pointed by one of the banks managing the Initial Public Offerting of the company to lose online advertising revenue to larger competitors such as Facebook Inc. After the Initial Public Offering that took place […]
Read moreJanuary 9, 2014 8:39 am
As reported by the Financial Time, Novartis AG is about to face a criminal investigation of its marketing practices in Japan. The health ministry of the country filed a complaint against the company for possibly breaching some advertising rules while promoting its popular Diovan blood pressure medicine. A formal criminal complaint was filed with the […]
Read moreJanuary 9, 2014 7:42 am
US stocks fell, after yesterday’s rebound in benchmark indexes, as Federal Reserve minutes and better-than-estimated payrolls data fueled concern stimulus cuts may be accelerated. The Standard & Poor’s 500 Index lost less than 0.1% to 1,837.49 at 4 p.m. in New York. The equities benchmark rose 0.6% yesterday after a three-day retreat. It climbed 30% […]
Read moreJanuary 8, 2014 3:37 pm
The Chief Executive Officer of Yahoo! Inc – Marissa Mayer – revealed that the company has updated some of its advertising services, mobile products and digital magazines for technology and food news. This is considered part of Yahoos attempt to revive its sales at the largest Web portal in the U.S. During her first keynote […]
Read moreJanuary 8, 2014 2:17 pm
The Chief Executive Officer of Cisco Systems Inc. – John Chambers, said that the “Internet of Everything” could turn out to be a 19-trillion-dollar opportunity, Bloomberg reported earlier today. Yesterday, Mr. Chambers made a keynote presentation at the International Consumer Electronics Show sharing his view of a world in which objects everywhere are connected to […]
Read moreJanuary 8, 2014 1:07 pm
Boeing Co. proved in 2013 that a company could have one of its best years ever no matter what difficulties it faces along the way. Over the last year, Boeing experienced a series of embarrassments, including the temporary grounding of its flagship 787 Dreamliner after two battery incidents, as reported by the Wall Street Journal. […]
Read moreJanuary 8, 2014 10:15 am
Sony Corp. announced its plan to launch a “Cloud” TV service until the end of 2014. The service is expected to help the company deliver live content over the Internet to its TVs and PlayStations, while its new games consoles lead over the competitive Microsofts Xbox One. The President of Sony Computer Entertainment – Andrew […]
Read moreJanuary 8, 2014 7:41 am
US stocks advanced, sending the Standard & Poors 500 to its first gain of the year as positive economic news helped the benchmark index to partially offset recent declines. The Standard & Poor’s 500 Index advanced 0.6% to 1,837.88 at 4 p.m. in New York. The gauge lost 1.2% from Jan. 2 through yesterday, the […]
Read moreJanuary 7, 2014 2:41 pm
As reported by the Financial Times earlier today AT&T plans to become the first major mobile operator in the U.S., which aims to allow companies to offer sponsored content and other free services to its subscribers. This is a strategic move, which is expected to be challenging to wireless “net neutrality” rules. The President of […]
Read moreJanuary 7, 2014 12:39 pm
Samsung Electronics Co. announced its first profit decline in nine quarters as the company reported today. At the same time, the newest iPhones of Apple Inc. became the best-selling high-end handsets. Samsung announced in an official statement today that its operating profit was 8.3 trillion won (7.8 billion dollars) in the last trimester that ended […]
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