With the rumors of Yahoo! Inc. (NASDAQ:YHOO) having an interest in the cable network Scripps Networks Interactive, Inc. (NYSE:SNI), experts are saying that a deal is unlikely to happen anytime soon. Nicholas Carlson, Business Insider, said that the Internet company received nearly $10 billion for its share in Alibaba Group Holding Ltd (NYSE:BABA) and this…
DISH Network Corp (DISH) Joins “The Interview” Bandwagon With Pay-Per-View Offering
DISH Network Corp (NASDAQ:DISH) is the latest company to offer support to “the Interview” movie, the film depicting the assassination of the North Korean leader. This will allow Sony to gain a larger view base considering the 14 million subscribers of DISH. DISH agreed to offer the controversial movie with a pay-per-view subscription level and…
Apple Inc. (AAPL)’s Watch Might Not Be The Overachiever It Is Expected To Be
The iPhone maker, Apple Inc (NASDAQ:AAPL), could definitely expect an excellent year ahead with its iPhone 6 and iPhone 6 Plus devices; however, its latest gadget, Apple Watch, might fall short of fulfilling company’s sales expectations. The tech pundits are skeptical about the success of Apple Watch and are afraid that the company might roll…
Microsoft Corporation (MSFT) Becomes Target of Hacker Attacks, Xbox Server Down Because Of Hacking
After supporting Sony Pictures in the release of its controversial movie, Microsoft Corporation (NASDAQ:MSFT) has become a target of hackers itself and its Xbox Live service was down yesterday because of these attacks. A hacker group, which calls itself ‘Lizard Squad,’ has undertaken responsibility for the attack. Microsoft Corporation’s Xbox Live network was down because…
Google Inc (GOOGL) And Microsoft Corporation (MSFT) Came Along To Defend The Right of Free Speech By Releasing “The Interview” Online
After releasing a movie picturing the assassination of the North Korean leader on its video streaming channel, Google Inc (NASDAQ:GOOGL) said that it was aware of the security implications involved with the release. Sony Pictures Film formed alliance with Google and Microsoft Corporation (NASDAQ:MSFT) to offer its movie, “The Interview”, online. According to the search…
Facebook Inc (FB) Under Legal Scanner For Privacy Infringement, Judge Enforces Lawsuit For Raking Into User Messages
Facebook Inc (NASAQ:FB) has attracted several lawsuits in the past few years and this time, the social media company is in trouble for scanning user’s messages. A California District Judge overruled Facebook’s request to terminate the lawsuit. Under the lawsuit, the social media company is accused for scanning messages sent by its users and using…
Alibaba Group Holding Ltd (BABA)’s Counterfeit Product Identification Cost Retailer $161 Million Since 2013
One of the recent updates from the world’s largest e-commerce company, Alibaba Group Holding Ltd (NYSE:BABA), disclosed that the company has spent over $161 million in its fight against counterfeit products on its websites. The ecommerce giant has pushed for more scrutiny to identify fake goods in the recent years. The online retailer has spent…
Apple Inc. (AAPL) Enforced First Ever Automated Security Update On Mac Users
It is first time when Mac manufacturer, Apple Inc. (NASDAQ:AAPL), enforced an automated security updates on Mac users. The recent security update from the company was to defend Mac computers against attackers seeking control of Mac machines. This update from the iPhone maker has followed the announcement from the Department of Homeland Security revealing these…
Family Dollar Stores, Inc. (FDO) Postpones Shareholder Vote For Dollar Tree, Inc. (DLTR) Acquisition Offer
What might sound a bit discomforting for the management of Family Dollar Stores, Inc. (NYSE:FDO), the shareholders of the company voted against the acquisition bid of Dollar Tree, Inc. (NASDAQ:DLTR). The company has adjourned the meeting to January 22, 2015 and majority of shareholders voted in favor of the adjournment. The financial restructuring plans of…
Coca-Cola Bottling Co. Consolidated (COKE) Initiates Major Layoffs Taking Out 2,000 Employees In Upcoming Weeks
In the recent round of layoffs by leading companies, Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) is the next one to layoff up to 2,000 employees in the next few weeks. These layoffs are a part of Coke’s cost cutting program after facing drop in profits during its recent quarter. The beverage company announced cost-cutting program after…