January 7, 2014 9:33 am
T-Mobile US Inc. announced that it had agreed to buy airwaves from Verizon Wireless for about 2.4 billion dollars in cash. The acquisition is part of a spectrum swap that is expected to give both companies bigger network capacity in areas where they need it. T-Mobile is considered as the fourth-largest wireless carrier in the […]
Read moreJanuary 7, 2014 7:49 am
Samsung Electronics Co., which is one of the leading smartphone manufacturers and sellers worldwide, wants to parlay that technology into automotive navigation and entertainment systems for an industry making more than 80 million vehicles a year, as reported by Bloomberg. Now the biggest technology company in Asia is trying to go beyond the hardware that […]
Read moreJanuary 7, 2014 7:42 am
US stocks dropped for a third day, continuing the slow start of the new year and expanding on declines for the Standard & Poor’s 500 Index, after slower-than-forecast growth in service industries. The S&P 500 slid 0.3% to 1,826.77 at 4 p.m. in New York. The Dow Jones Industrial Average lost 44.89 points, or 0.3%, […]
Read moreJanuary 6, 2014 3:22 pm
Brian Krzanich, who is the Chief Executive Officer of Intel Corp. is expected to announce at the International Consumer Electronics Show today that the company will do everything in its strength in order to remain relevant to the customers preferences for mobile devices for computing tasks. As Bloomberg already reported earlier today, the Intels Chief […]
Read moreJanuary 6, 2014 12:48 pm
Toyota Motor Corp. and Honda Motor Co. Ltd. seem to have recovered from the anti-Japanese boycotts, which resulted in sales decrease in 2012, because they managed to draw a record number of buyers to their brands on the Chinese market in 2013. Toyota Motor Corp. is considered the largest automaker by volume in the world. […]
Read moreJanuary 6, 2014 10:02 am
The Boeing Co.s efforts to aggressively control costs and avoid disruption for one of its most important new jetliners were crowned with success after finalizing the deal of the company with its largest union, as reported by the Wall Street Journal. The ratification vote on the eight-year deal late on Friday ended 51% to 49% […]
Read moreJanuary 6, 2014 9:03 am
HTC Corp., which is the largest smartphone maker, based in Taiwan, announced that its net income missed analyst estimates for a fourth consecutive quarter, as reported by Bloomberg earlier today. The decline in the companys sales was also a result from the rising Chinese brands competition. Bloomberg has also calculated that the data about the […]
Read moreJanuary 6, 2014 7:30 am
As the new year came, the plane makers parent company dropped one of the corporate worlds most unrecognized names: European Aeronautic Defence & Space Co. The company has always been appealing to its customers with its alternative – Airbus. The Dutch-registered French-German-British-Spanish multinationals company re-branded itself under the name of Airbus Group NV. “It was […]
Read moreJanuary 5, 2014 11:02 am
AT&T Inc. said it will pay T-Mobile Inc. customers as much as $450 to switch to their services, in an unusual move as the competition for subscribers between the wireless rivals gets fierce. T-Mobile has launched an assault on its larger rival under Chief Executive John Legere, who has taken aim at AT&T in television […]
Read moreJanuary 4, 2014 9:17 am
US stocks fell for a second day, correcting the biggest annual rally for the Standard & Poor’s 500 Index since 1998, as investors focused on comments from Federal Reserve officials on stimulus and the economy’s strength. The S&P 500 dropped less than 1 point to 1,831.37 at 4 p.m. in New York. The Dow Jones […]
Read more