Amazon loss jumps from 41m to 437m dollars
American electronic commerce giant Amazon posted a third-quarter loss of $437 million, which dwarfed its $41 million loss in Q3 2013. The online retailer...
Rogers posts 28 percent slump in 3rd quarter profit
Canadian communications and media company Rogers Communications Inc. posted a 28% fall in profit for the third quarter. It reported net income of $332...
Nokia makes a profit, beating analysts’ expectations
Nokia Oyj posted a third quarter net profit of €747 million compared to a €91 million loss in Q3 2013, beating all analysts’ expectations....
Apple Inc. reports impressive profit and revenue in its fourth quarter
Apple Inc. reported net profit of $8.5 billion (a 12.7% increase) and revenue of $42.1 billion (up 12.4%) in its fourth quarter.
The company reported...
Snapchat announced it will be releasing ads
Snapchat has announced that it will be “placing an advertisement in “Recent Updates” for Snapchatters in the United States”.
The ads will be placed in...
IBM to selloff its unprofitable chip-manufacturing unit for $1.5 billion
IBM has said it it will be making a “major business announcement” on Monday morning, indicating that the computer giant has finally finalized a...
Apple’s new 5K display LED-backlit Retina iMac is the world’s highest-resolution display
Apple unveiled its new 27 inch 5K display LED-backlit retina iMac at the October 16 Apple Keynote event.
The company’s new computer comes packed with...
EE sale possible, as owners Orange and Deutsche Telekom hold talks
EE Ltd., a British mobile network operator and internet service provider jointly owned by Orange SA and Deutsche Telekom AG, may be sold off...
Yahoo announces new Flickr app for iPad
Yahoo recently announced, at 11:40pm on Friday, that the company has released an official Flickr app for the Apple iPad tablet.
This new app being...
HBO to offer standalone online streaming service in 2015
HBO announced that it is to offer an online-only streaming video service in 2015, competing head-on with Netflix. Richard Plepler, HBO’s chairman and CEO,...