Investors woke up Wednesday to news that Staples has agreed to purchase Office Depot in a massive $6.3 billion deal, which would include cash and stock. If the merger is approved, it would unite the two largest office supply retailers in the United States. The proposal, one that … [Read more...]
Apple Inc. Finally Settles in the Chinese Market
Apple Inc. (NASDAQ:AAPL) recently entered the Chinese market officially and intrusively, strategically partnering with UnionPay and China Mobile to extend the reach of its Apple Pay and iPhone 6 and 6 Plus. The company has enjoyed enormous demand for its services and devices in the … [Read more...]
Download Google Earth Pro for Free, $400 Subscription Waived
Google is without doubt the most renowned internet search engine in the world today, largely because it is a free service. This free service, being offered by Google Inc., launched in 1998, and has grown to become more than just a search engine. What started as a search engine is now … [Read more...]
Should You be a Gold Bull or Bear in 2015
Is gold a bear or a bull in the near-term? It all depends on who you ask. For the past two to three years, gold has been involved in a precarious situation. Last year, it started off the year strong, which may have been a hint that it would exponentially climb again. That did not … [Read more...]
Why Google Inc.’s Revenue Growth is Slowing Down
Results for the fourth quarter of 2014 came out a few weeks ago and Google Inc. (NASDAQ:GOOGL) reported figures that were below analyst expectation. Although the company grew its revenue, still the growth was not as much as anticipated. However, some experts now suggest that this … [Read more...]
Did Cutting Unemployment Benefits Create 1.8 Million Jobs?
It has long been argued by free market economists that unemployment benefits deter individuals from seeking out jobs. This line of reasoning is what has prompted governments to institute certain rules and regulations behind attaining jobless benefits and keeping them for as long as … [Read more...]
Comcast Change Customer’s Names to ‘Asshole’ and ‘Dummy’
When you decide to call your cable, telephone or Internet provider for customer service, don't be surprised the next time you open your bill and find that your name has been changed to something rather insulting. This is what happened to one Spokane, Washington couple, who canceled … [Read more...]
Apple Inc. Market Capitalization Closing in on $700 Billion
Apple Inc. is perhaps the most discussed tech company in the world today among investors, due to the quickly strengthening position of its earnings report and, hence, stock value. However, now analysts have begun to see the company in a much different light than they see all the other … [Read more...]
Consumer Spending Falls to Lowest Level Since 2009
We reported last week that not even lavish holiday spending could save fourth-quarter gross domestic product numbers. Well, it seems that the lure of Christmas shopping couldn't prompt consumers to whip out their wallets and rev up the United States economy. The Department of … [Read more...]
Facebook Focusing on US and Canada for Revenue Growth
Facebook (NASDAQ:FB) was founded on 4th February 2004, almost 11 years ago and is one of the most popular tech companies among investors today. Surely, the company has grown and expanded remarkably ever since its inception and has not posted a disappointing quarter to … [Read more...]
Google Inc. Weekly Roundup: Dollar, Data & United Kingdom
The week was bleak for Google Inc. (NASDAQ:GOOG), as the company faced much criticism by investors due to its slower-than-expected revenue growth reported in Q4 2014 financial reports. Google revenues were severely hit by the rising price of the US dollar, which has affected all … [Read more...]
Apple Inc. Weekly Roundup: China, Q4 & Samsung
Apple Inc. (NASDAQ:AAPL) shares performed very well throughout the week, as the company bombarded shareholders and investors with good news consistently. The first major news in favor of a stronger position for Apple’s stock listed on the NASDAQ stock exchange came from China. … [Read more...]
Has Apple Inc. Finally Earned Majority Market Share
Apple Inc. showed substantial growth in revenue in the past quarter, the last one for 2014. Surely, the results make the last quarter a record breaking one not just for Apple, but for all public companies. The tech giant generated a staggering figure of $18 billion in revenue. But, is … [Read more...]
Q4 GDP Slow Down Temporary or Sign of Things to Come
Holiday sales, widespread travels and the Christmas spirit couldn't save the United States economy in the fourth quarter of last year as the gross domestic product took a dive, surprising many analysts who expected higher growth. According to the Department of Commerce, the U.S. … [Read more...]
Apple Inc.’s Positive Performance Sustainable?
The recent quarter has been exceptional for Apple Inc. (NASDAQ:AAPL), mainly because the company sold record units of the new iPhone 6 and iPhone 6 plus. Surely, quarterly earnings report for the fourth quarter of 2014 showed a record $18 billion in earnings value for the company, the … [Read more...]
Bill Gates is Another Tech Genius Terrified of AI
Are you terrified of artificial intelligence? Do you conjure up a dystopic future when everything is controlled by machines and humans are rebelling against their mighty robotic leaders? Well, so do other leading tech pioneers. Speaking in a Reddit "AskMeAnything" thread Wednesday, … [Read more...]
New Google Inc. Plan Will Shake Up Mobile Data Industry
Google Inc. recently announced that it would be entering the mobile data industry soon by launching its own data service for the Nexus phones. Now, it seems the company also wishes to shake up existing data service providers in order to make room for its own data service by the end of … [Read more...]
Online Streaming Steals More Time Warner Cable Subscribers
Time Warner Cable (NYSE:TWX) has reported yet again that it has lost cable subscribers. This has been the trend for many cable companies as its younger customer base persists in cutting the cord and signing up for online streaming services like Netflix or Hulu. The New York-based … [Read more...]
Apple Inc.’s Market Share Bigger in China than U.S
China is home to the largest human population in the world, one that is at the forefront when it comes to the use of technology. Surely, China is a booming economy, and a large credit for that boom goes to its growing manufacturing industry, which has mechanized the everyday life in … [Read more...]
Tim Hortons Corporate Inversion Brings Pink Slips
Just six weeks after the controversial deal between Burger King (3G Capital) and Tim Hortons was completed, it was announced by the iconic Canadian coffee chain that it would be laying off scores of employees from its corporate headquarters in Oakville, Ontario. In addition to its … [Read more...]
