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Sony Says The Interview Will Be Aired
It looked at one time like Sony was bowing down to hackers threats that The Interview could never be released. However, that is not the case, says a Sony Pictures attorney. David Boies said that Sony has only delayed its release. He... More of this article »
Netflix Can Operate As Normal In the Netherlands
European Netflix subscribers can breathe easy. The streaming service for movies can continue operating as normal now that the Dutch patent problem and lawsuit has been kicked out of the court. In October of last year, Netflix had a... More of this article »
Skype Will Translate for You
Voice over communications are evolving every day. They are evolving enough so that the hope is the language barrier can be broken, or that is what is planned. Using different innovations from the research facility at Microsoft, the... More of this article »
Market Basket Ends Family Feud with Closing of Deal
Arthur T. Demoulas has capped the summer battle over grocery chain Market Basket by completing a deal of $1.6 billion on Friday to buy out his cousin and former rival taking majority control of the family operation. Under the new deal,... More of this article »
Xiaomi Facing Smartphone Ban in India
Smartphone company, Xiaomi faces a harsh setback after devices from the company were banned temporarily because of a problem with Ericsson. The company from China might however, do everything possible to reduce the crisis by negotiating... More of this article »
Xiaomi Could Be Starting Sales in U.S. at CES 2015
Xiaomi is the top manufacturer for phones at in China and No. 3 worldwide. The phone maker is now preparing to expand its market into the United States with full force. According to some reports, they are beating Samsung with much... More of this article »
Uber Banned in Delhi Region
The Transport Department in the Delhi region banned the popular hail a ride service called Uber, after a driver was in court Monday for suspicion of raping one of his passengers. The female passenger had fallen asleep while riding... More of this article »
Bebe Stores Confirm Cyber Attack on Credit Card Data
Bebe Stores, the retailer for women’s clothing has just become the most recent in a group of retailers to have suffered an attack on their payment card processing system. The company stated Friday that information containing the... More of this article »
Skype Co-founder Unveils Wire, the Latest Skype Competition
Since it was launched more than ten years ago, Skype has turned into the primary resource used to make Voip calls as well as messages. Microsoft acquired Skype from eBay in 2011 for a hefty $8.5 billion. Now the co-founder of Skype,... More of this article »
Otsuka to Acquire Avanir Pharmaceuticals
Otsuka Holdings based in Japan has agreed to acquire Avanir Pharmaceuticals based in California for a price of more than $3.54 billion. The deal gives the company in Japan new neurological treatments. Otsuka based in Tokyo will pay... More of this article »
Cyber Monday: Amazon to Include Samsung Galaxy S5 for $1.00
Cyber Monday is finally around the corner, and many different deals can be searched and found in almost every store. Verizon, AT&T and Sprint will be offering the latest Samsung smart phone Galaxy S5 for US$1.00 on its website.... More of this article »
Kmart Employees Fighting for Thanksgiving Day Time Off
Somebody must work Thanksgiving and Kmart has said it does the best it can to staff its stores with those who volunteer to work the holiday. However, hundred of its workers have said that is not enough. Over 600 employees signed petitions... More of this article »
Aereo, the Video Streaming Service Files Bankruptcy
Online video streaming business Aereo, Inc, which is backed by Barry Diller the media mogul, filed this week for bankruptcy protection. The filing Thursday of Chapter 11 came only five months after a ruling by the Supreme Court that... More of this article »
Over 1,000 Users Operate New Facebook Secret Project
It should not be surprising that a form of Facebook for work is currently being designed. Facebook’s employees are on Facebook itself all day and use it for nearly everything: Group chats, talk about documents, to share news... More of this article »
Profit at Home Depots Tops Estimates
Home Depot Inc the No. 1 chain of home improvement stores in the world reported a quarterly profit that was better than had been expected as the improving jobs market has encouraged Americans to spend additional monies on renovations. The... More of this article »
How New Facebook Privacy Policy will Affect Users
Once again, Facebook wants to change their policy covering privacy. Before they make these changes, they want to let all users of Facebook see what the proposed changes would be. Facebook users can comment on all changes starting... More of this article »
Wal-Mart Spreading Black Friday Across Five Days
The world’s largest retailer, Wal-Mart has abandoned the one-day only frenzy of Black Friday used to give the annual holiday shopping season a jumpstart. Instead the retailer will offer a host of its best offers on toys, television... More of this article »
Samsung Electronics will Build Plant for Smartphones in Vietnam
Samsung Electronics Co based in South Korea has applied for a new license to invest more than $3 billion for the construction of another factory in Vietnam for smartphones, said one official from the government on Monday. The electronics... More of this article »
Berkshire Sees Drop of 9% in Earnings
Berkshire Hathaway owned by Warren Buffett reported a drop of 9% in profit for the third quarter compared to the same reporting period one year ago, when large gains in investments were realized. On Friday, Berkshire said it had earned... More of this article »
Whole Foods Beats Wall Street on Quarterly Profit
Whole Foods Market, the upscale grocer reported quarterly profit that was better than had been expected, as the company increased market share as well as launched some new products. The stock of the largest natural and organic food... More of this article »
Sales of SUVs Help Earnings at BMW
BMW AG the luxury automaker based in Germany saw its net profit drop by 1.2% during the third quarter because of losses that were non-cash on hedges with foreign currency and the lower valued of its share in an important supplier. Otherwise,... More of this article »
Diversity Report: Amazon Workforce Mainly White Males
The fallout from Satya Nadella the Microsoft CEO’s faux pas about raises and women continues, as online retail behemoth Amazon just released a diversity report about its company, showing a breakdown statistically of its workforce. Once... More of this article »
Shares of Exxon Up after Revenue and Profit Beat Street
Exxon Mobil Corp announced its earnings for the third quarter were up by 2.5% as higher margins on refining and more improvements at its marketing and refining segment helped to offset a lower production. Shares were up by 2% during... More of this article »
Gilead Sales Double, Profit Triples
Gilead Sciences Inc the maker of Sovaldi the drug for hepatitis C said this week that its net profit for the third quarter had tripled, while overall product sales doubled. This was despite a drop in sales of Sovaldi as patients and... More of this article »
Problems at Port Threaten Retailers in U.S. for Holidays
A lack of transportation equipment and the possibility of labor disruptions at the Long Beach/Los Angeles port complex, the busiest in the nation, is delaying for as long as three weeks shipping containers, threatening the timely delivery... More of this article »
Airline Profits Surge in Third Quarter
Airline stocks in the U.S. rose, extending one of the biggest rallies in the industry this year, after United Airlines and American Airlines led four air carriers in exceeding estimates for their quarterly profit. Alaska Air Group... More of this article »
Verizon Posts Higher Revenue and Net Income
On Tuesday, Verizon Communications reported higher revenue and net income for its third quarter. The company was helped by stronger growth in wireless subscribers and a demand for its internet service such as its high speed FiOS. Verizon,... More of this article »
Electrolux Experiences Weak Growth Across Europe
Electrolux the global maker of home appliances announced a note of caution about its business in Europe by predicting the market growth at its low end of its financial forecast after it reported quarterly profit that was slightly better... More of this article »
Anonabox Suspended on Kickstarter Following Scam Accusations
Anonabox has had its donations frozen on Kickstarter as the Internet router, which is designed to make the user’s activity online anonymous, has received increased backlash. This suspension comes following the privacy tool’s huge... More of this article »
Roche Posts Flat Sales for 9-Months of 2014
Roche Holding AG the Swiss drug maker announced flat sales for the first 9 months of this year, but said on Thursday its results showed strong demand for its drugs for cancer and its new emerging products. Roche, which is based in... More of this article »
JPMorgan Reports Profit on Easing Legal Costs
JPMorgan Chase & Co has reported a profit for the third quarter, as the largest bank in the U.S. moved beyond the huge legal costs that caused the behemoth financial institute to post a loss during the same quarter one year ago. The... More of this article »
Manufacturer of Sapphire Screen Wants Contract With Apple Dropped
GT Advanced Technologies one of the suppliers for Apple of its sapphire screens urged a Friday bankruptcy court to free it from the contract it has with Apple. The touch screens that are sapphire from the manufacturer are a hugely... More of this article »
Profit Falls at Family Dollar on Price Cuts
Family Dollar Stores Inc , the discount retailer currently at the center of a takeover battle involving three companies, reported its earnings that did not meet expectations of Wall Street analysts after its price cuts trimmed profit... More of this article »
Retail Sales in U.S. to Reach High of Three Years
Retailers in the United States are expecting sales during the holiday shopping season to increase by 4.1% this year, to reach as much as $617 billion. Expectation is that more shoppers earning steadier incomes will spend more money... More of this article »
Factories in Germany See Orders Drop 5.7%
Factory orders in Germany took a nosedive during August, signaling that the remainder of the year could feature less that strong economic output and it could even stagnate, said experts. The index fell more than 5.7% in adjusted monthly... More of this article »
Record Exports in U.S. Narrows Trade Gap
The United States trade deficit shrank unexpectedly in August to its lowest level in over seven months thanks to exports moving up to a new record. The gap was narrowed by 0.5% to just over $40.1 billion, which is the smallest it has... More of this article »
Real Name Policy Changed at Facebook
Facebook Inc is changing the way it treats people that do not use their given names on the social media network. The change in policy came about following complaints over the crackdown on the use of pseudonyms by users who are drag... More of this article »
iPhone 6 Available Next Month in China
Apple Inc announced it would start selling its new generation iPhone 6 and iPhone 6 Plus next month in China after it agreed to improve the user privacy and security. The new mobile handsets will be on sale starting October 17, said... More of this article »