During a recent interview, Facebook Inc (NASDAQ:FB)’s CEO Mark Zuckerberg defended his company’s advertising advantage in an outspoken comment which is as follows – “A frustration that I have is a lot of people increasingly seem to equate an advertising business model with somehow being out of alignment with your customers. I think it’s the…
Apple Inc (AAPL) Combats Antitrust Lawsuit with a Tough Stand
Apple Inc (NASDAQ:AAPL) has been engaged in an antitrust case since 2006 and during a hearing on Thursday, 4th December, 2014, the matter pertaining to its software update was subjected to scrutiny. Courtesy of the software update, music from other networks would be barred from playing on Apple’s devices, thus limiting the choices of users.…
General Motors Co (GM)’s Colorado Defeats Ford (F)’s F-150 to Bag Motor Trend’s Prized Trophy
Motor Trend’s declaration of results on 3rd December, 2014, in Detroit pertaining to the ‘Truck of the year’ category turned out to be quite unexpected with General Motors Co (NYSE:GM)’s Chevrolet Colorado being crowned as the winner amidst seven contestants. Vying for the top spot was Ford (F)’s F-150 and it was a strong contender given…
Exxon Mobil Corporation (XOM) Presents a Picture of Confidence
In the face of uncertainty over prices in the oil sector triggered by OPEC’s announcement of maintaining production targets, Exxon Mobil Corporation (NYSE:XOM) expressed confidence in being able to withstand the volatility even if prices plunged to as low as $40 per barrel. During his interview with CNBC, CEO of this oil-and-natural gas giant, Rex…
Auto Sales during the Upcoming Holiday Season
With an unprecedented increase in auto sales during November, experts are predicting that the month of December is likely to spell further good news for the vehicle industry. CNBC had on its panel Jessica Caldwell, a senior analyst with Edmunds.com and the model which she mentioned as particularly doing well is the Honda CRB. Some…
IBM Corp (IBM) – A Topic of Debate amongst Financial Experts
On the day when IBM Corp (NYSE:IBM) signed a $1.25 billion contract with WPP, a discussion was held on CNBC wherein the point of discussion pertained to the future of this prominent tech brand. Meant to last over seven years, the intention is to offer cloud services to its European users. What is even more…
Wal-Mart Stores Inc (WMT) Protests – Genuine Concern or Staged Demonstration?
Although Friday, 28th November, 2014, was officially declared as Black Friday – the day that avid American shoppers look forward to, for Wal-Mart Stores Inc (NYSE:WMT) it was truly a black day in history. It marked the day when thousands of this global retail chain’s employees took to streets to protest against low wages which…
Apple Inc (NASDAQ:AAPL) Shares Take an Unprecedented Plunge
Given a choice, Apple Inc (NASDAQ:AAPL) would probably label Monday, 1st December, 2014, as being a dark one for the company and for good reason too. The company experienced the biggest drop in its share value, the first to occur over the last three months and the reason is cited as being unusually high selling.…
Procter & Gamble Co (PG) Announces Plans to Dispose Its Wella Hair-Care Outfit
In a bid to continue the streamlining process which it had put into motion in August, 2014, Procter & Gamble Co (NYSE:PG) made an announcement recently pertaining to its intention of disposing Wella, its hair-care unit. To this effect, the company is acquiring guidance from Goldman Sachs as to how to go about the process…
Google Inc (GOOGL) an Object of Persecution for European Parliament
In a vote that was more symbolic than legal, the European Parliament passed a resolution towards break-up of Google Inc (NASDAQ:GOOGL) thanks to having received a majority 384 votes as against 174 which were against, 56 members having abstained from participating in the process. Although it is just an expression of opinion which need not…