Developing countries will soon receive cheaper hepatitis C drugs; thanks to a deal Gilead Sciences, Inc. (NASDAQ:GILD) signed with Indian companies to develop generic versions of the drug. The deal allows the companies to make sofusbivir, which is sold under the name Sovaldi, and sell it in 91 specified countries. The drug costs $1,000 a…
EBay Inc (EBAY) Removes Controversial Red Stained Kent State Sweatshirt from Listings
EBay Inc (NASDAQ:EBAY) has brought down a Kent State sweatshirt from its listings, citing a policy against the selling of items linked to disasters or tragedies. The sweatshirt, which looked like it was stained with blood, had generated lots of controversies from several quarters, leading to eBay’s action. EBay takes “proactive measures to identify listings…
Amazon.com, Inc. (AMZN) and Priceline Group Inc (PCLN) Top of Google Inc (GOOG) Search Advertisers
The world’s top online retailer, Amazon.com, Inc. (NASDAQ:AMZN), has topped the list of 25 highest spending companies on Google Inc (NASDAQ:GOOG) Search advertisement. The company spent a whopping $158 million, almost doubling the amount spent by Priceline Group Inc (NASDAQ:PCLN), the second-ranked company on the list. All the 25 top companies spent a total of…
Tesla Motors Inc (TSLA) Wins Court Case in Massachusetts Related to Direct Sales
Tesla Motors Inc (NASDAQ:TSLA) won a court battle filed by auto dealers who wanted the car manufacturer barred from selling to customers directly in its stores. The Massachusetts Supreme Judicial Court dismissed the case citing auto dealers “lack of standing and failure to state a claim.” The Massachusetts State Automobile Dealers Association went to court…
Apple Inc. (AAPL) Breaks Pre-Order Sales Record, Selling More Than 4 Million iPhone 6 and iPhone 6 Plus
Apple Inc. (NASDAQ:AAPL) has announced that the pre-order sales of iPhone 6 and iPhone 6 Plus has broken its previous pre-order sales record after the company registered a sale of more than 4 million units within just 24 hours. The new iPhones were released last week after a long period of rumors and speculations. “iPhone…
Yahoo! Inc. (YHOO) Stock Set to Benefit from Boosted Alibaba IPO Price
The planned boost of Alibaba’s IPO price could consequently boost Yahoo! Inc. (NASDAQ:YHOO) stock, which has been facing numerous challenges. Yahoo! hasn’t had a smooth run in its core business, a factor that has seen the company come up with several strategic actions to gain traction. In the last one month, the company’s performance has…
Gilead Sciences, Inc. (GILD) Raises the New Hepatitis C Drug Price to Above $84,000
Gilead Sciences, Inc. (NASDAQ:GILD) is already being attacked for the unbelievable price tag for the next generation oral hepatitis C drug, which is expected to be released next month. Currently, full treatment of the hepatitis C virus costs $95,000; a subscription that includes Sovaldi, ribavirin and interferon. The next generation drug to be released is…
Zynga Inc (ZNGA) Executive Officer Leaves to Start Own Studio Called Moblabs
Andy Kleinman, general manager at Zynga Inc (NASDAQ:ZNGA) and a chief business officer at Scopely, has left the two companies to start his own studio, Moblabs, which will focus on the production of mobile products. Besides his tenure at Zynga Inc (NASDAQ:ZNGA), Kleinman has vast experience in the mobile gaming industry, having co-founded Vostu, a…
Google Inc (GOOGL) to Unleash Android on Emerging Markets
Google Inc (NASDAQ:GOOGL) has set out on a strategy to expand its customer base by unleashing Android that targets emerging markets. In its new approach, Google Inc is looking at making products that are pocket friendly, but that can enable users to get access to its related services such as searches, emailing, storage, video sharing,…
Google Inc (GOOGL) and Facebook Inc (FB) Concerned Of Global Backlash Over Silicon Valley Surveillance
The leading tech companies such as Google Inc (NASDAQ:GOOGL) and Facebook Inc (NASDAQ:FB) have been facing numerous challenges over US internet surveillance that gets access to private and sensitive information about users. Many companies have voiced concerns that the activities at the Silicon Valley might cause them long term damage. Silicon Valley’s top executives and…