Global Tech IPOs – Q2 2014 is 6-year record
Q2 2014 has posted the highest volume in dollar-terms of Global Tech IPOs (initial public offerings) since 2008 – two-and-a-half times the number of...
CBS Q2 profit fell 7 percent
CBS Q2 profit fell 7 percent due to lackluster advertising sales across the whole business, including its CBS broadcast networks. The broadcasting giant added...
Facebook data privacy lawsuit reaches 25,000 backers
A Facebook data privacy lawsuit has reached the limit of 25,000 sign ups. The class action-type lawsuit alleges that the way Facebook tracks members’...
Sony abandons electronic readers
After failing to gain a decent market share, Sony abandons electronic readers, saying it has no plans to develop a successor model. PRS-T3, the...
Telefonica GVT bid worth 6.7 billion euros
A Telefonica GVT bid worth €6.7 billion ($8.99 billion), or 20,100 million Brazilian Reais at current exchange rates, has been announced by the Spanish...
Was the Fire Phone investment worthwhile?
Whether the Fire Phone investment was worthwhile depends on how many of the smartphones Amazon manages to sell. From a hardware point of view,...
Internet speed fuels property prices
Researchers from the London School of Economics and Imperial College Business School found that internet speed fuels property prices. Londoners are willing to pay...
Android captured 85 percent of Smartphone market in Q2 2014
Android captured 85 percent of the global Smartphone market in the second quarter of 2014, says a new report published by Strategy Analytics, mainly...
Samsung Q2 profit 20 percent down
Samsung Q2 profit was 20% lower than in Q2 2013 and 17% down on Q1 2014, mainly due to a strong Korean currency and...
Amazon loss despite sales growth
An Amazon loss of $126 million or 27 cents a share, despite a 23% increase in revenue during the second quarter, has made investors...