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Google bought Rangespan

Google bought Rangespan, a British start-up company that utilizes data science to help retailers expand their product selection based on real-time sales dynamics, i.e. the company helps retailers decide which products to sell and when to…

Sony profit warning number three

Sony profit warning number three was issued on Thursday, its third warning in just six months, as the company booked a further ¥30 billion in costs from leaving its loss-making PC business. The Japanese electronics and entertainment giant,…

Samsung mobile phone sales fell in Q1 2014

Samsung mobile phone sales fell in the first quarter of 2014, with revenues declining to 33.4 trillion won ($32.3 billion). However, the company’s mobile phone unit’s operating profit increased 18% compared to the previous quarter, partly…

Panasonic reported 2014 profits

Panasonic reported 2014 profits of ¥120.4 billion ($1.2 billion) for the year to March 2014, its first full-year profit since 2010. The Japanese consumer economics multinational said a weaker yen helped boost sales abroad. Total cash…

Facebook Q1 2014 revenue increased 72%

Facebook revenues increased 72% to $2.5 billion in Q1 2014 due to a surge in mobile ads, the company reported today, easily beating analysts’ forecasts. Mobile screen ads now make up 59% of Facebook’s advertising revenue compared to 30%…

Apple’s second quarter results

Apple's second quarter results for 2014 posted a profits increase to $10.4 billion, or $11.62 per diluted share, compared to $9.5 billion or $10.09 per diluted share in the same quarter one year ago. Apple’s fiscal year 2014 is from…

Amazon HBO video streaming deal

An Amazon HBO video streaming deal has been announced by the two companies. Amazon Premium customers will be able to watch HBO licensed content online. Investors viewed this move as bad news for Netflix, which does not provide HBO shows;…