Mexican Court Rules Against Yahoo
A Mexican court has ruled that Yahoo is liable for $2.7 billion in damages in a lawsuit over a contract that was disputed between the Internet giant and its former partners over a directories business....
View ArticleNielsen to Acquire Radio Ratings Arbitron
The way of measuring ratings is now a bit smaller. Nielsen has measured ratings for television for a number of decades and announced it has now acquired Arbitron, the giant in radio ratings in a deal...
View ArticleFoxconn Invests $200 Million in GoPro
Manufacturing giant Foxconn from Taiwan, which is best known for all the contract manufacturing they perform for Apple products has announced it will purchase a stake worth 9%in GoPro, a camera maker...
View ArticleNew Smartphone Being Designed by Motorola and Google
Engineers from Motorola have been hard at work trying to complete the design of a new and sophisticated mobile handset that inside the company is known simply as “X Phone.” Nevertheless, the new unit...
View ArticleBlackberry Maker Sees Stock Drop
Research In Motion, the Canadian based manufacturer of the Blackberry smartphone, announced a decision to end certain service fees for users, which threatens its most profitable income source....
View ArticleProfits Fall at Taiwan Smartphone Maker HTC
HTC announced a drop in net profits for the fifth straight quarter. The quarterly drop in profits fell to the lowest it has been in nearly 7 years. Analysts said that the first quarter during 2013...
View ArticleCEO of HP Earned over $15 Million during 2012
Computer and printer manufacturer Hewlett-Packard, based in Palo Alto, California gave its CEO Margaret Whitman close to $15.4 million in compensation for her first full year as the CEO of the company,...
View ArticleeBay Says 2012 was its best Year
Internet commerce is becoming more and more common and eBay, the e-commerce pioneer, says that it enjoyed its best year to date in 2012. The company said shoppers flocked to its site in search of...
View ArticleHuawei Would Consider Going Public
Chinese telecommunications equipment maker Huawei Technologies has announced it would consider offering potential investors an initial public offering after posting sales that would likely pass those...
View ArticleVerizon Reports loss of $1.93 Billion
Verizon Communications the telecommunications group from the United States posted a quarterly loss of $1.93 billion on charges related to Hurricane Sandy and pension liabilities that took much of the...
View ArticleGoogle Reports Record Annual Revenues
Google reported its revenues for the fourth quarter at $14.43 billion, which was up 36% for the same period one year ago. The quarterly revenues brought the annual revenue for the Internet search giant...
View ArticleApple Stock Plummets After Sales Miss Analysts Estimates
For many Wall Street analysts the phenomenal growth of the iPhone might be near its end, as sales for the smartphone missed their mark of 50 million for the year’s fourth quarter that was set by Wall...
View ArticleApple No Longer World’s Most Valuable Business
Apple sat atop the list of most valuable companies in the world for 12 months, but has been overtaken by Exxon Mobile. Apple stock has lost 17% of its value since the start of 2013 and over 37% since...
View ArticleProfits for China’s Lenovo Beat Estimates
Computer maker Lenovo Group Ltd. based in China, is on its way to claiming the top spot in personal computer manufacturing in the world. The company also reported a record profit for its recently ended...
View ArticleZynga Reports Losses Lower than Wall Street Estimates
The online game company, Zynga said late Tuesday that it narrowed its losses for the fourth quarter, even though revenue remained flat. The company was able to reduce its loss from the same period a...
View ArticleSony Posts another Quarterly Loss
Sony Corp, the Tokyo based electronics firm announced on Thursday that it had a loss for the latest quarter, which underscored the deep problems the company is facing. The report on earnings deflated...
View ArticleBlackberry Dealt Blow by Home Depot
Canadian smartphone maker Blackberry, which is currently changing its legal name from Research In Motion, received bad news from Home Depot on Monday. The huge U.S. home improvement retailer announced...
View ArticleProfit Down at Hewlett Packard but Stock Increases
The quarterly revenue and profit at Hewlett-Packard continued its familiar trajectory downward on Thursday, but the earnings report sent the company stock in the opposite direction: up. The net income...
View ArticleMasterPass unveiled in Barcelona by MasterCard
At the Barcelona Mobile World Congress on Monday, MasterCard announced its entrance into the mobile payment market. The new unveiling has been awaited for some time and MasterPass was finally made...
View ArticleGoogle: More Jobs Cuts for Motorola Mobility
Google, the Internet search giant has announced that its unprofitable Motorola Mobility unit continues to struggle in its attempt to compete with the world’s smartphone makers. Google said that up to...
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