While the loss of customer to rivals has slowed down due to numerous promotions offered by Sprint, the company still registered a loss in the fiscal second-quarter. The mobile service provider saw added 590,000 customers into its subscriber base, which highlights the significance of reputation in network quality. AT&T and Verizon have maintained their customer […]
The third quarter results of Samsung Electronics saw a drop of 60 percent in operating profit, which is the fourth straight decline for the South Korean electronics giant. In addition to this, the revenue for the September quarter also declined by 20 percent. The company earlier revealed it was expecting a decline in operating profit […]
The move of IBM baffled many industry watchers as the company is set to pay GlobalFoundries to take over its semiconductor manufacturing operations. The move is contrary to typical business practice where the company acquiring a part of another company’s business will pay for it. The decision was made by the multinational tech company to […]
Deutsche Telekom and T-Mobile declined the new offer of Iliad to acquire the US-based mobile service provider. This was revealed recently by the French telecom provider as its bid in acquiring T-Mobile US ended recently. The company confirmed the end of its bid to acquire the company in a recent statement. This came after the […]
The operating profit of Samsung Electronics is expected to decline by almost 60 percent, according to the South Korean electronics giant. The decline comes three months after the company revealed that the second half of the year continues to be challenging. The quarter that ended on September 30 is expected to see a decline of […]
PayPal is set to be separated from eBay by 2015, according to a recent announcement by the online auction house. PayPal will be led by Dan Schulman, current president of the Enterprise Growth Group of American Express, while Devin Wenig, president of eBay Marketplaces, will head eBay. The split ends the partnership between the two […]
An increase of 14 percent was revealed by Home Depot for its fiscal second-quarter profit. The profit increase came as the home improvement retailer increased its earnings forecast for the whole year. The company also took advantage of strong spring sales following a delay in sales due to severe winter weather during the first part […]
The Bitcoin has faced a number of impediments to its acceptance in the general public. However, it recently gained the support of Coin Center, an organization under the leadership of a former Mercatus Center research fellow and law professor, Jerry Brito. Coin Center is a non-profit research and advocacy center that undertakes public policy concerns […]
Share prices of Alibaba were increased recently ahead of its initial public offering in the IS stock market. An amended F-1 filing was filed by the company showing a new price range of between $66 and $68 per share. The e-commerce company based its decision in increasing its share prices on a tremendous demand among […]
Reddit is currently in the middle of raising around $50 million, according to unnamed sources knowledgeable about the negotiations of the company. Sources revealed that two venture capital companies, Sequoia Capital and Andreessen Horowitz, may join in the major round of funding for the popular social news website. The news website provides an opportunity for […]
PayPal Withdrawing Support For Kindle Fire, BlackBerry And Windows Phone
Revival Of Nashville Discussed
Brawl Erupts After Jose Bautista Downed By Rougned Odor Punch
VR Tour Offered Three Decades After Chernobyl Disaster
Kyle Busch Sweeps NASCAR Events At Martinsville
Halle Berry Enters The Social Media World
