30 billion dollar Google acquisition fund stays overseas
A 30 billion dollar Google acquisition fund stays overseas, Google informed in a letter to regulators. By keeping its foreign-earned money abroad, Google avoids...
Lenovo profits jumped 29 percent
Lenovo profits jumped 29 percent to $817 million and revenue rose by 14% to $38.7 billion for the year to March 2014. The world's...
AT&T DIRECTV takeover
An AT&T DIRECTV takeover agreement has been approved by both boards of the US telecommunications giant and the satellite TV provider in a deal...
Pinterest five billion valuation raises another $200 million
Social media website Pinterest announced it has raised another $200 million at a $5 billion valuation. Analysts predict Pinterest is set for a large...
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...
Twitter Q1 2014 results disappoint investors
Even though Twitter Q1 2014 results boasted revenue increasing by 119% compared to Q1 2013, and its monthly active user base grew 5.8% versus...
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...
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...
Microsoft reports lower profits for Q3 2014
Microsoft reports lower profits for the third quarter of 2014, which was better than analysts had expected. The company’s new chief executive Satya Nadella’s...
Amazon reported higher Q1 2014 profits and expenses
The online retailer Amazon reported higher Q1 2014 profits and expenses. Profits increased 32% to $108 million, and revenue rose by 23% to $19.74...