May 21, 2014 8:29 am
Netflix Inc., which is currently the biggest Internet subscription service in the world, plans to launch its online video service in Germany until the end of 2014. The company revealed that it has shifted its focus to set foot in six European countries, including Germany, France, Belgium, Switzerland, Austria and Luxembourg. This is considered as […]
Read moreMay 21, 2014 7:27 am
People with knowledge of the matter said that General Motors Co., which is the largest auto manufacturer in the U.S., is trying to restore and improve the efficiency of its legal department while it its trying to eliminate the reasons that led to a delay of the vehicle recalls. Moreover, General Motors Co. added another […]
Read moreMay 20, 2014 1:48 pm
The biggest home-improvement chain in the U.S. – Home Depot Inc. made an official statement today, revealing its profit for the first quarter , which trailed the analysts estimates, due to the slow improvement of the housing market in the country. Mr. Frank Blake, who is the companys Chairman and Chief Executive Officer said in […]
Read moreMay 20, 2014 12:25 pm
The largest clothing retailer in the U.K. – Marks and Spencer Group Plc – posted its results for the financial year ended March 29th. The company reported a decline in its annual profit, marking a third consecutive drop on an annual basis. The Chief Executive Officer of the company – Mr. Marc Bolland said in […]
Read moreMay 20, 2014 9:37 am
Vodafone Group Plc, which is currently the second-biggest mobile operator by subscribers in the world, posted its results for the fourth quarter. The company reported a service revenue drop for a seventh consecutive quarter and it also revealed its expectations for the full-year earnings. The largest markets of Vodafone Group Plc are currently in Europe, […]
Read moreMay 20, 2014 8:45 am
As revealed by a person familiar with the process, Google Inc. and Twitch Interactive Inc. have held talks over the acquisition of the latter by the technology giant, which is trying to expand the reach of its YouTube website. Google Inc. is considered to be able to add more than 45 million active users on […]
Read moreMay 20, 2014 7:58 am
AstraZeneca Plc rejected the increased bid of Pfizer Inc. saying that it was too low. The deal would create the largest drug manufacturer in the world, if finalized. Pfizer boosted its bid for AstraZeneca on late Sunday, explaining it is the companys final offer. The bid was estimated to about 120 billion dollars. As reported […]
Read moreMay 20, 2014 7:16 am
Google Inc. made an official statement, revealing that it is to purchase Divide in order to add more services to its portfolio and attract more business customers, who use smartphones and tablets. The company, however did not disclose the price of the acquisition. According to the terms of the deal, the mobile-device software startup Divide […]
Read moreMay 19, 2014 2:31 pm
The largest Internet portal in Japan – Yahoo Japan Corp. revealed that it has dropped its intentions to purchase eAccess from SoftBank Corp. in a deal estimated to 324 billion yen (3.2 billion dollars) in an attempt to expand its reach in wireless data and voice sectors. According to the information disclosed in Yahoo Japans […]
Read moreMay 19, 2014 1:22 pm
The largest discount airline in Europe – Ryanair Holdings made an official statement today, revealing that it projects to swing back to growth this year, after it posted its first profit fall in half a decade. Currently, the company has concentrated on attracting more business passengers and has set a goal to fly almost 3 […]
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