Google Inc (NASDAQ:GOOGL) will be shutting down its Google News service in Spain starting December 16, ahead of a “Google Tax” law that is to take effect in the country starting January 1 next year. A blog post by Richard Gingras, head of Google News, explains that the new Spanish law will require news aggregation…
Alibaba Group Holding Ltd (BABA)’s Endorsed App Momo Inc (ADR) (MOMO) Soars After IPO
It looks like Alibaba Group Holding Ltd (NYSE:BABA) has a box full of fortune cookies with its every single investment receiving excellent response from the market. In the latest string of accomplishments, Momo Inc (ADR) (NASDAQ:MOMO), chat app backed by Alibaba, witnessed 26% increase in its share price on its initial public offering. Momo Inc…
Apple Inc. (AAPL) Puts Economic Strategy In Its Defense Against iPod Antitrust Lawsuit
After presenting the technical reasons in the previous sessions to support its claim, the iPhone maker, Apple Inc. (NASDAQ:AAPL), has presented an economic strategy to support its technology tweaks. The iPod maker is fighting a case against over 8 million customers who claim that the company intentionally promoted monopoly in digital music by blocking off…
GT Advanced Technologies Inc (GTATQ)’s Bonds Might Soar Amid Favorable Decision Tendencies
What might sound like a good news for GT Advanced Technologies Inc (OTCMKTS:GTATQ) bondholders with rising investment value could be a complete disaster for the company as bond holders are enticed to withdraw investments upon prospects of gain. A favorable decision for the sapphire-maker in a case against Apple Inc. (NASDAQ:AAPL) is likely to trigger…
Twitter Inc (TWTR) Left Behind By Instagram In User Account, Photo Sharing App Crosses 300 Million
Instagram has achieved a milestone by leaving behind Twitter Inc (NYSE:TWTR) in terms of monthly active users by crossing 300 million users dwarfing Twitter’s 284 million users. The photo-sharing app has outpaced several social platforms in terms of growth by adding 100 million users within eight months. This is another achievement for Facebook Inc (NASDAQ:FB)…
Alibaba Group Holding Ltd (BABA)’s Film Unit Under Legal Scanner For Sloppy Tax Practices
Alibaba Group Holding Ltd (NYSE:BABA)’s film unit is facing fines related to incorrect tax submissions in August and the company is asked to pay the undue amount with associated interest rates. Alibaba announced plans to purchase stake in the film unit earlier this year. Alibaba Pictures Group Ltd (HKG:1060), film until of the Chinese ecommerce…
Microsoft Corporation (MSFT) Eyes Windows 10 Release by Autumn
Microsoft Corporation (NASDAQ:MSFT) is aiming to release Windows 10 later than previously expected from a comment made by Microsoft Chief Operating Officer Kevin Turner at the Credit Suisse Technology Conference on Thursday last week. Microsoft has not officially made any public announcement regarding its schedule for rolling out the Windows 10, but Turner told the…
Google Inc (GOOG) Tops Glassdoor’s Best Place To Work List, Twitter Inc (TWTR) Slips From Second To Not Even In Top 50 Companies
The search engine giant, Google Inc (NASDAQ:GOOG), was the top choice of users of Glassdoor this year followed by Bain & Company, Inc. However, the bigger surprise was the fact that Twitter Inc (NYSE:TWTR) lost its place from being second last year to not even in the top 50 best companies to work at. One…
Apple Inc. (AAPL) Fortifies Defense In iPod Music Encryption Lawsuit With Certified Testimonies
The iPhone maker, Apple Inc. (NASDAQ:AAPL), is all set to defend itself in digital music monopoly allegations claimed by over 8 million users. The company brought forward technology engineer testifying in favor of the iPad maker claiming that the upgrades served as a mean to upgrade the security of iPod devices. After a new lead…
Apple Inc. (AAPL) And International Business Machines Corp. (IBM) Launch Maiden Set Of Enterprise Apps
The collaboration of two of the global tech companies, Apple Inc. (NASDAQ:AAPL) And International Business Machines Corp. (NYSE:IBM), have launched their first set of enterprise applications. The dual has launched 10 apps targeting business and government users out of their net target of 100 such apps. Five months ago, the two tech companies, once famous…