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Xbox Live Back Up, PlayStation Still Down
Xbox Live from Microsoft was restored Friday while PlayStation Network by Sony was still offline for a second consecutive day following an attack by a hacker group that claimed responsibility for taking down the two game services on... More of this article »
Apple Releases First Ever Automated Security Update
Apple Inc has released its first ever security update that is automated to Mac computers to aid in defending against new bugs that have been identified that researchers in security have warned could help hackers gain remote control... More of this article »
Staples: Over 1.15 Million Cards Exposed
Staples Inc said computer criminals stole the personal information from 1.16 million debit and credit cards back during back to school shopping season. Stores affected were from Massachusetts to California. The company, based in Framingham,... More of this article »
U.S. Subsidies To Boeing Illegal, According To European Commission (NYSE:BA)
The European Commission has charged that the subsidies being given to Boeing by the United States are illegal, according to a trade case filed by the Europeans. The U.S. is accused of funneling billions of dollars in illegal subsidies... More of this article »
Google Releases Top Searches For 2014
Google had trillions of searches all over the world during 2014. However, the death of one man stole the first place spotlight. Robin Williams was in the number one spot this year in the worldwide trends chart. The actor and comedian... More of this article »
Xiaomi Invests in Home Appliance Maker Midea
Xiaomi the maker of smartphones based in China and with a big presence currently in India, invested more than $200 million in the Midea Group, a manufacturer of electrical home appliances in China. The investment gives the smartphone... More of this article »
Apple Influence Caused Higher Prices For Customers In Canada (NASDAQ:AAPL)
Canadian regulators have reported that customers that purchased smartphones and accompanying services in Canada may have paid more for these items because of agreements Apple Inc. reached with phone carriers serving the nation. Because... More of this article »
Hollywood Scared of Google Says Leaked Emails
Leaked emails that were released from the cyber-attack against Sony proved that big movie companies are currently working as a team with the Motion Picture Association of America (MPAA) on an idea, which is aimed to take down a “Goliath”... More of this article »
Instagram Surpasses 300 Million Subscribers
Instagram just passed 300 million users worldwide, which is a 50% increase in just the last 9 months. The site now has more monthly users than Twitter. The growth of its user base is going to be the key to attracting advertisers to... More of this article »
Sears Records Another Loss For Third Quarter (NASDAQ:SHLD)
For the third quarter of its fiscal year, Sears Holdings has posted another loss, marking four straight years of losses and eight straight years of sales declines. The company reported that revenue declined 13 percent when compared... More of this article »
Google Designing YouTube, Chrome for Kids
Not so long ago, Google’s plans to make products like YouTube and Search kid-friendly were nothing but rumors. However, they have a new goal to make those aspirations into reality. Google is more than ready to discuss the changes... More of this article »
Sprint Offers to Cut Verizon and AT&T Bills in Half
The pricing war has continued to heat up between the wireless carries in the U.S. AT&T initiated a promotion for a limited time this past September that increased the data by double for its customer on Mobile Share Value on existing... More of this article »
Xbox Defeats PlayStation 4 in Black Friday Sales
The holiday strategy Microsoft is using for the holiday is working. Xbox one, the company’s new gaming console has beaten PlayStation 4 in Black Friday sales, according to InfoScout research. Xbox one has accounted for 53% of all... More of this article »
Powdered Vaccine for Measles Shows Good Promise
No more pricks in the arm or colorful bandages for children getting their vaccination for measles could be in the future. A new experimental vaccine for the virus has made headway in early trials and it comes powdered, taken not via... More of this article »
Hewlett-Packard Reports Profit Decline For Q4 (NYSE:HPQ)
Hewlett-Packard reported a decline in profit for the fourth quarter of its fiscal year. The company reported revenue of $28.4 billion for the fourth quarter, 2 percent below a year earlier. Net earnings dropped 6 percent to $1.3 billion... More of this article »
iOS App Store Downloads Soar
Last month the new iOS 8, iPhone 6 and Plus 6 were launched, creating a 42% increase in Apple’s iOS during last month, with a completely new set of features and apps as well. An Internet research firm released the information. The... More of this article »
Apple Settlement To End E-Book Case Accepted By Court (NASDAQ:AAPL)
Judge Denise L. Cote of Federal District Court in Manhattan has approved a settlement proposed by Apple to end a case concerning the violation of antitrust laws with regards to setting e-book prices. Apple was accused of conspiring... More of this article »
China Could Cut Rates Another Time Say Sources
Leadership of China and its Central Bank are both ready to make another cut in interest rates as well as loosen restrictions on lending on concern that falling prices could trigger a surge in defaults on debt, job losses and business... More of this article »
Another Debut of Casual Dining Chain Sizzles
Habit Restaurants Inc saw its shares jump by more than double on their debut trading, underscoring the appetite growth amongst investors for shares of fast casual restaurant chains, which are becoming the choice of diners that are... More of this article »
How to Get an Interview
Despite a falling unemployment rate, job candidates still have difficulty getting hired. In many cases, they can’t even get interviews. If you’re going to get the job, you need to get your foot in the door. Follow these... More of this article »
Economy in Japan Falls into New Recession
The economy in Japan shrank unexpectedly for the second straight quarter leaving the third largest economy in the world in a technical recession. The Gross Domestic Product fell at an annualized rate of 1.6% from July through September,... More of this article »
Sanofi’s MS Drug Lemtrada Receives Approval of FDA
Sanofi won approval in the U.S. for Lemtrada a treatment for multiple sclerosis helping ease the potential revenue loss by the company from Lantus its top selling drug for diabetes that will face new competition in 2015. The United... More of this article »
Alibaba Sells $9.3 Billion in 24-Hour Period
Alibaba passed its one-day sales record reaching $9.3 billion this year, as analysts expected only $8.17 billion. Last year’s sales were $5.8 billion in a 24-hour period. Single’s Day on November 11 is a shopping event that... More of this article »
Nintendo Releases Retro-Styled 2DS For Holiday Season (NTDOY)
Nintendo has announced that it has revamped the style of the 2DS handheld gaming system, with the new designs scheduled to be available for purchase during the 2014 holiday season. In the United States market, the new devices are scheduled... More of this article »
Aereo Laying Off Many Workers
Aereo Inc the start-up tech company that had its effort blocked to distribute broadcast TV signals online by the U.S. Supreme Court said it was laying off the majority of its employees and shuttering its office in Boston. Virginia... More of this article »
Growth in Manufacturing in China Falls
The manufacturing growth in China declined during October amidst an economy that is slowing with languishing demand globally. On Saturday, the China Federation of Logistics and Purchasing released its purchasing manager’s index,... More of this article »
Google Leading The Race For Fast Track Patents (NASDAQ:GOOGL)
Google Inc. has been making extensive use of a government program administered by the U.S. Patent and Trademark Office that expedites patents for businesses willing to pay an additional fee for the service. The fast-track program,... More of this article »
Chicken Products from Bell and Evans Recalled
Close to 32,000 pounds of chicken products that were breaded and gluten-free have been recalled by the United States Department of Agriculture from Murry’s Inc due to having a risk of staphylococcus contamination. The products recalled... More of this article »
Profit at Credit Suisse More Than Doubles
On Thursday, Credit Suisse said that its profit during the third quarter more than doubled as the Switzerland based bank was able to benefit from gains in its business of fixed income and stronger equity underwriting in its investment... More of this article »
Stock Market Believes AbbVie Shire Deal has Died
If one used the stock market as an indicator, then investors already are of the belief that the $54 billion AbbVie takeover of Shire has died. Shares of Shire tumbled nearly 25% Wednesday in midday trading in London, wiping away nearly... More of this article »
Saudis Privately Say Lower Oil Prices Will Stay
Saudi Arabia has quietly told participants in the oil market that Riyadh is fine with oil prices being markedly lower for a long period, which is a sharp shift of policy that might be aimed at slowing down the expansion by rival producers... More of this article »
Monsanto Records $156 Million Loss For Fourth Quarter (NYSE:MON)
Monsanto Co. reported that the company recorded a loss of $156 million in the latest quarter, a loss that was considerably higher than expected. The loss amounted to about 31 cents per share. Analysts expected a loss of around 24 cents... More of this article »
Gilead New Medication More Expensive than Sovaldi
On Friday, Gilead Sciences won approval from the U.S. Food and Drug Administration for a follow up drug to Sovaldi its hepatitis C drug that has become very controversial. The new treatment is actually more expensive that the $1,000... More of this article »
HTC Launches New Phone and Action Camera
During a press event in New York City on Wednesday HTC launched two new electronic devices: a smartphone with a front-facing high-resolution camera and an action cam made tor operation with just on hand. The Desire Eye has a screen... More of this article »
Samsung Electronics Heading for Drop in Profits
Samsung Electronics Co is headed for its first earnings drop for a year since 2011, after revealing its profit for the quarter July through September would be its lowest in over three years and that prospects for the short-term were... More of this article »
Amazon Warehouse Business Practices Under Scrutiny From Justice Department (NASDAQ:AMZN)
The Supreme Court is poised to hear arguments regarding some of Amazon’s employment and business practices regarding workers in their large warehouse units. A class action lawsuit was filed in 2010 alleging that Amazon and its contractors... More of this article »
Redbox Instant To Shut Down
Netflix has beaten another competitor. The Verizon and Redbox streaming service, Redbox Instant, will officially throw in the towel on October 7. Those subscribing to the service of $6 a month received an email informing them that... More of this article »
Microsoft Shows the World Windows 10
The new Windows is a huge departure from its predecessors, which has caused it to jump two versions. At a Tuesday press event, Microsoft’s Terry Myerson the OS executive vice president introduced the company’s new operating system... More of this article »
CEOs at Prada Investigated by Italian Authorities
The CEOs at Prada SpA are under investigation over the accuracy of tax filings in the past as individuals. The investigators are from the Italian Judicial Authority. Patrizio Bertelli and Miuccia Prada were told of the probe by the... More of this article »
Blackberry Announces $207 Million Loss In Second Quarter (NASDAQ:BBRY)
Blackberry has announced that the company ultimately loss $207 million in the second quarter of its fiscal year. The company reported revenue of $916 million for the quarter, $50 million less than revenue reported in the first quarter... More of this article »
Coca-Cola Pledges To Limit Calories In Popular Drinks (NYSE:KO)
Coca-Cola has pledged to take action against the American obesity epidemic by limiting the amount of sugary calories in many of its popular drinks. The pledge was made at the 10th annual Clinton Global Initiative held in New York.... More of this article »
Crackdown on Corporate Inversion Applies Pressure on AstraZeneca and Shire
A number of healthcare stocks including Cosmo Pharmaceuticals SpA, Actelion Ltd and AstraZeneca all slumped in European trading on Tuesday. The stocks were viewed as less likely to be targeted for takeovers after an official from the... More of this article »
Yelp Settles Charges with FTC over Child Privacy
Yelp agreed it would pay $450,000 to the Federal Trade Commission in the United States for charges that the company had accepted registrations for its services from children less than 13 years of age through its apps. On Tuesday, the... More of this article »
Has corporate golf had its day?
It might have been with us for decades, but the corporate golf day is still an effective business tool. In 2014, the world is your oyster when it comes to corporate entertainment. Whether you are looking to strengthen your relationship... More of this article »
Venezuela: Obsessed with Plastic Surgery Creates Widespread Implants Shortage
The chronic shortages that have plagued Venezuela are now encroaching on one of the cultural cornerstones of the country: breast augmentation. Venezuelans are known to be obsessed with beauty and are now facing a scarcity of breast... More of this article »
Facebook Valuation Rises To More Than $200 Billion (NASDAQ:FB)
Facebook is now one of the world’s biggest companies with an estimated valuation of more than $200 billion. According to data compiled by Bloomberg, the current valuation of the company is $201.6 billion, making it the 22nd- largest... More of this article »
Amazon Slashes Price of Fire Phone to 99 Cents
Amazon the global e-commerce behemoth has cut its prices for the Fire Phone, its flagship mobile handset to 99 cents from $198.99 only two months after the launch of the first smartphone by the company. The version with 32GB will now... More of this article »
Google Refunding Millions for Charges Children Made
Google announced that it will pay complete refunds that total as much as $19 million to consumers that had their accounts charged for purchases that their children made for apps without the parental consent needed. The apps were purchased... More of this article »