AT&T Inc. (NYSE:T) will be continuing its plan of rolling out high speed internet connection to a targeted number of 2 million homes as per its previous plans, the company said in a clarificatory statement through a letter addressed to the Federal Communications Commission (FCC). AT&T Inc. (NYSE:T) sent the clarification as the FCC have…
Google Inc (GOOGL)’s Europe Headaches Pushed by American Competitors: EU Official
Google Inc (NASDAQ:GOOGL)’s woes in Europe originates not only from European opponents, but from the search giant’s American competitors as well. An earlier report by Reuters cites an unnamed top EU official as saying that American businesses are turning the European Commission into a battleground, turning to the Commission to make complaints and expressing dissatisfaction…
Apple Inc. (AAPL) Facing Competition In Mobile Payment Industry With The Entry Of Android Pay
Apple Inc. (NASDAQ:AAPL)’s new mobile payment system is cautious about the imminent threat from its biggest rival, Android. According to the latest news, a new Android payment system is on its way to enter the market next year. China Business News earlier reported Android Pay, new mobile payment system, based upon Android platform with expected…
Facebook Inc (FB) Threat Forms Basis Of Court Case Between Rapper And United States Government
What might sound a bit exaggerating by the current free-speech standards, violence threats posted on Facebook Inc (NASDAQ:FB) have formed the basis of a court case between a hip-hop artist and the United States government. Anthony Elonis posted threats against his ex-wife on Facebook and, after coming under the legal scanner, later claimed that these…
Twitter Inc (TWTR) In Negotiations to Acquire Shots
Twitter Inc (NYSE:TWTR) has started approaching Shots to negotiate for the acquisition of the app, discloses a CNBC report citing an unnamed source from Shots. Twitter’s plan to purchase the app was accidentally leaked Monday in a tweet by CFO Anthony Noto about a planned deal to acquire an unnamed app. The tweet has since…
Amazon.com, Inc. (AMZN) Entering New Market Segments Amid Black Friday Rush, Introduces New Service To Find Local Service Pros
While all the other major retailers are busy in offering deals for thanksgiving and the holiday season, Amazon.com, Inc. (NASDAQ:AMZN) is discreetly entering the local service industry. The online retailer launched a web page allowing customers to find local handymen with the comfort of their home. The local repair and service business amounts for $400…
Google Inc (GOOGL)’s Case Should Be De-politicized: U.S.
Google Inc (NASDAQ:GOOGL), which has recently been under fire from the European Parliament, has found in ally in the U.S. Mission to the European Union. In an email to Reuters from its headquarters in Brussels, Belgium, the Mission aired its concern over European regulators’ call for splitting search engines from other internet based services. The…
Facebook Inc (FB) Riding High Video Advertising Tide With Holiday Season Boom, Gets Ad From Macy’s, Inc. (M)
The shares of Facebook Inc (NASDAQ:FB) were up nearly 2.30% closing at $75.75 per share in the extended trading session primarily because of its video advertisement success and Thanksgiving advertisement from Macy’s, Inc. (NYSE:M). The social media platform has attracted small and large advertisers alike during the holiday season. Macy’s, Inc. (NYSE:M) is known for…
Hewlett-Packard Company (HPQ) Register Lower Revenue For Fourth Quarter 2014 Amid Dropping Enterprise Demand
Hewlett-Packard Company (NYSE:HPQ) announced its fourth quarter and fiscal 2014 financial results with revenue drop in every single sector including its enterprise hardware and services demand. The computer hardware and printer manufacturer reported less than expected revenue for the quarter. HP is likely to separate its enterprise division from its printing and traditional computer divisions…
Microsoft Corporation (MSFT) Slapped With $140 Million Fine for Tax Evasion in China
Microsoft Corporation (NASDAQ:MSFT), is set to pay China an amount of approximately $140 million (840 million yuan) covering back taxes plus interest, and the software company was also hit with a requirement to make additional payments of more than $100 million yuan in future annual taxes. In an email to Reuters, an unnamed spokesman for…