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…
Verizon Communications Inc (VZ) Hit Adversely Owing To Citi Downgrade
On Monday, 24th November, 2014, when the new week commenced, it heralded bad news for Verizon Communications Inc (NYSE:VZ) because the stock had been downgraded to ‘neutral’ status by Citigroup. Previously it had been rated as ‘overweight’ and in a statement, Michael Rollins, an analyst with Citigroup justified the degradation as follows – “We are…
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,…
Google Inc (GOOGL)’s Latest Innovation Is an Ad-Cutting Experiment
For avid Internet surfers who like to explore various websites, advertisements are a bane which need to be put up with and it is with the intention of toning down, if not eliminating, this disruption that Google Inc (NASDAQ:GOOGL) has introduced the concept of a Contributor. Courtesy of this feature, your website surfing experience will…
Google Inc (GOOGL) Is Under Risk Of Being Attacked By European Parliament
In a latest display of its rising concern for dominance of Google Inc (NASDAQ:GOOGL) in the world wide web, the European Parliament is likely to attack the search engine giant through a draft resolution aimed at “unbundling search engines from other commercial services”, according to a report on Friday by Reuters. The draft seen by…
Microsoft Corporation (MSFT) Update: CEO Nadella’s Compensation Reasonable
Microsoft Corporation (NASDAQ:MSFT) has issued its stance on the issue of its CEO being overpaid. A spokesman from the software products and services company has told Business Insider that ISS’ claim that Microsoft CEO Satya Nadella’s pay is too high is misleading, because the company will base Nadella’s pay, which includes stocks ownership, on company…