Apple Inc. (NASDAQ:AAPL) is starting its two week global charity campaign to contribute in efforts towards fighting HIV/AIDS. One of the world’s leading tech giants, the iPhone maker is set to raise funds for (RED), a charitable organization for AIDS/HIV prevention founded by singer Bono way back in 2006. In an interview with USA Today,…
Google Inc (GOOGL) Split-up Not the Issue But Monopoly: EU Top Official
Google Inc (NASDAQ:GOOGL)’s opponents in the EU denied suggestions that the search engine is under threat of being split up, saying that while unbundling of the tech company is one of the suggestions that have been submitted in a draft, it is just one of several suggestions made. In an interview with Reuters, European Commission…
Microsoft Corporation (MSFT) Files Lawsuit Versus IRS Over Tax Probe Details
Microsoft Corporation (NASDAQ:MSFT) has filed a lawsuit against the Internal Revenue Service in connection with the software corporation’s request for the U.S. revenue agency to release details of its contract with a law firm tasked with a Microsoft tax audit. A report by Reuters cites Microsoft as asserting that IRS has an obligation to be…
United Technologies Corporation (UTX) CEO’s Abrupt Retirement Baffles Analysts
United Technologies Corporation (NYSE:UTX) has announced the immediate retirement of its CEO, Louis Chenevert. The company announcement, made on Monday, surprised analyst even as Chenevert is expected to present United Tech’s outlook for 2015 in a meeting with analyst and investors in New York, which has been scheduled about two weeks from now. No reason…
BlackBerry Ltd (BBRY) Gets Free Ad from Obama
BlackBerry Ltd (NASDAQ:BBRY) is indeed coming back and claiming its share of the enterprise market, not only with corporate strategies such as launching of new device models and enterprise services, but, of all things, with sheer luck. That exactly what transpired when one of its longtime high profile customers, no less than U.S. President Barack…
Verizon Communications Inc. (VZ) Vie to Recapture Cord Cutters
Verizon Communications Inc. (NYSE:VZ) is vying to entice both cord cutters and cord nevers within its marketing clout with a package deal that boasts of one year free Netflix, on top of 50 mbps FiOS internet at $59.99, HBO, Showtime, and local TV channels. Other providers offer comparable packages in an effort to win customers,…
AbbVie Inc (ABBV), Celgene Corporation (CELG), Sanofi SA (ADR) (SNY) Approved by EU Endorsements
AbbVie Inc (NYSE:ABBV), Celgene Corporation (NASDAQ:CELG), and Sanofi SA (ADR) (NYSE:SNY) got the approval of the medical advisory committee of the European Union last Friday, allowing the drug makers to sell key brands, at least two of which are estimated to be market blockbusters. AbbVie Inc (NYSE:ABBV) was given a positive review on its Viekirax…
Tesla Motors Inc (TSLA) To Collaborate With Bayerische Motoren Werke AG (BMW) Over Parts and Standardized Battery Technology
Tesla Motors Inc (NASDAQ:TSLA) has announced it is in discussions with German automaker Bayerische Motoren Werke AG (ETR:BMW) for possible collaboration regarding car parts and batteries. An earlier report by Reuters, citing an interview of Tesla CEO Elon Musk with Der Spiegel, a German weekly, related that alliance is being sought in areas of lightweight…
SolarCity Corp (SCTY) and Wal-Mart Stores, Inc. (WMT) Continues Solar Power Deal
SolarCity Corp (NASDAQ:SCTY) has announced a new agreement with Wal-Mart Stores, Inc. (NYSE:WMT), in which the solar energy company based in San Mateo, California, will again provide Wal-Mart Stores with solar power. The new deal will see SolarCity installing Wal-Mart Stores with solar power for a period of 4 years, covering stores in approximately 36…
Visa Inc (V) May Need $10 Billion to Purchase Visa Europe
Visa Inc (NYSE:V), the leading payments company all over the world, may be needing an amount of up to $10 billion to acquire Visa Europe in case its owners decide to sell it. In a report by Bloomberg , it is indicated that the yearly regulatory filing of Visa Inc (NYSE:V) noted its plan to…