Rumors went out that Apple Inc. (NASDAQ:AAPL) could be planning to shut down Beats Music, a music streaming service the company acquired just this year at a cost of $3 billion together with Beats Electronics. Considering such figures and the fact that the company purchased the two this year, a thought of Apple Inc. (NASDAQ:AAPL)…
EMC Corporation (EMC) Holds Merger Talks with Rivals Dell Inc. (DELL) and Hewlett-Packard Company (HPQ)
EMC Corporation (NYSE:EMC), an established data storage products maker, is considering merger and some other far reaching options that could include a complete sellout. The data storage company is said to have held merger talks with rivals, Dell Inc. (NASDAQ:DELL) and Hewlett-Packard Company (NYSE:HPQ). The pressure for merger is said to be stemming from an…
Alibaba Group Holding Ltd (BABA) IPO Expands to hit Record $25 billion as Banks Rake in $300 million in Fees
Alibaba Group Holding Ltd (NYSE:BABA) issued additional shares to hit a record $25 billion in its IPO, marking the highest in history. That staggering figure puts the IPO a distant ahead of the Agricultural Bank of China Ltd.’s IPO that earned $22.1 billion back in 2010. Even as the company earns huge from the IPO,…
Alibaba Group Holding Ltd (BABA)’s Bankers Made it the Biggest IPO with $25 Billion in Funds
In the line of several records that the IPO of Alibaba Group Holding Ltd (NYSE:BABA) has broken during its first public offering, the bankers of Alibaba ensured that the e-commerce giant becomes the biggest IPO in the history by raising $25 billion. Bankers of Alibaba Group Holding Ltd (NYSE:BABA) practiced their right to trade another…
Chinanet Online Holdings Inc (CNET) Reaches 52-Week High After Winning Award
It was an excellent day for Chinanet Online Holdings Inc (NASDAQ:CNET) as the company hit its 52-week high in the morning session of trading at $3.98. According to CNET, the sharp incline in share prices was because of its award at the 2014 Chinese e-Commerce Industry Gateway Conference. Chinanet Online Holdings Inc (NASDAQ:CNET) was awarded…
Facebook Inc (FB) On the Verge of Launching a Breakthrough Advertising Platform
Facebook Inc (NASDAQ:FB) trails Google Inc. when it comes to online advertisements. And Facebook Inc isn’t taking that lightly. In the latest revelation, the social media giant is set to launch a more powerful advertisement platform that will enable advertisers to select the users to target based on their activities within the social media network…
Microsoft Corporation (MSFT) Renders Office 365 Accessible To Students
It was in December, 2013, that Microsoft Corporation (NASDAQ:MSFT) introduced its student oriented program and provided it to as many as 35,000 institutions across the world through accessibility via Office 365. To be able to use this program to reinforce or help with the curriculum, institutions were required to install either of the two Office…
Alibaba Group Holding Ltd (BABA), GoPro Inc (GPRO), Mobileye NV (MBLY) Among the Top 3 IPOs in Cramer’s List
Jim Cramer has given his verdict on the top IPOs of the year including Alibaba Group Holding Ltd (NYSE:BABA), GoPro Inc (NASDAQ:GPRO), and Mobileye NV (NYSE:MBLY). Despite of its impressive takeoff, Alibaba Group Holding couldn’t impress Cramer enough and stood at number three in terms of profitability for investors. For Alibaba Group Holding Ltd (NYSE:BABA),…
Alibaba Group Holding Ltd (BABA)’s Shares Might Double in Price Within 1 Year
In one of the most extraordinary revelations from MKM Partners, Alibaba Group Holding Ltd (NYSE:BABA) is likely to double on its current share price considering some positive investments made by the company. The shares of the Chinese e-commerce giant declined 4.26% on the second day of trading and closed at $89.10 in the after-hours trade.…
Amazon.com, Inc. (AMZN) Employees in Four Distribution Centers Strike in Germany over Wage Disputes
Amazon.com, Inc. (NASDAQ:AMZN) employees are on a two-day strike beginning today till Tuesday evening. The employees, through their Verdi union, are saying that they are being paid lower wages compared to other employees in similar positions in other warehouses. The affected logistics centers are Bad Hersfeld, Leipzig, Rheinberg and Graben. The employees in these centers…