With increasing IPO estimates for Alibaba Group Holding Ltd, Yahoo! Inc. (NASDAQ:YHOO) is the one making hefty profits. Alibaba raised the target price per share with new $66 to $68 range and the company is likely to raise up to $21.8 billion out of the deal. Yahoo! Inc. (NASDAQ:YHOO) is likely to sell 121 million…
Twitter Inc (TWTR) Gets Buy Rating From Analysts Including UBS and MKM Partners
After UBS investment bank changed the rating of Twitter Inc (NYSE:TWTR) from “neutral” to “buy”, there has been a growing interest in the stock. The social media company has also registered successive three months advancement in the market, a factor that continues to attract more investors. On Tuesday, Twitter Inc (NYSE:TWTR) closed at $50.83, which…
Microsoft Corporation (MSFT) Launches Cross-Platform Wireless Keyboard for Windows, iPhone, iPad, and Android
Microsoft Corporation (NASDAQ:MSFT) is back with its innovation cap and the company launched universal mobile keyboard that works with Windows, iOS, and Android without using any dongles. Microsoft Corporation (NASDAQ:MSFT) has set a price of $79.99 for the keyboard and users can start purchasing it in October. One of the best things about the universal…
Microsoft Corporation (MSFT) All Set to Launch Windows 9 on September 30
Microsoft Corporation (NASDAQ:MSFT) is likely to launch Windows 9 on September 30, as the tech-giant has started sending invitations for their San Francisco event. Microsoft users can expect some major announcements about the latest operating system prepared by the company. Windows 8 didn’t do much good except confusing customers, especially because of no Start menu…
21Vianet Group Inc (VNET) Stock Gains as CEO Refutes Fraud Accusations
21Vianet Group Inc (NASDAQ:VNET) stock registered growth as CEO, Josh Chen, released 91 pages of financial information denying claims of fraud leveled against the company by Trinity Research Group. The Chinese data-center operator was accused of overstating its business and using financings and acquisitions to inflate growth. Trinity Research Group said that it believes that…
Microsoft Corporation (MSFT) Stands to Gain With Minecraft on Board
Finally the day has come when Microsoft Corporation (NASDAQ:MSFT) can proudly claim that it owns Mojang, creator of Minecraft, after having paid $2.5 billion. Courtesy of this acquisition, Mojang and Minecraft will now feature amongst the tech giant’s already long list of well-known titles like Fable, Forza and Halo, something that the new CEO Satya…
EBay Inc (EBAY) Removes Controversial Red Stained Kent State Sweatshirt from Listings
EBay Inc (NASDAQ:EBAY) has brought down a Kent State sweatshirt from its listings, citing a policy against the selling of items linked to disasters or tragedies. The sweatshirt, which looked like it was stained with blood, had generated lots of controversies from several quarters, leading to eBay’s action. EBay takes “proactive measures to identify listings…
Facebook Inc (FB) Joins Hands with Leading Tech Giants to Introduce New Open Source Platform
After crossing the $200-billion capitalization mark earlier last week, Facebook Inc (NASDAQ:FB) launched an open source platform to help other companies follow their own open source paths. The tech-giant also introduced a new networking device at the conference held in San Francisco. TODO, “talk openly, develop openly”, is an open source collaboration project launched by…
Amazon.com, Inc. (AMZN) and Priceline Group Inc (PCLN) Top of Google Inc (GOOG) Search Advertisers
The world’s top online retailer, Amazon.com, Inc. (NASDAQ:AMZN), has topped the list of 25 highest spending companies on Google Inc (NASDAQ:GOOG) Search advertisement. The company spent a whopping $158 million, almost doubling the amount spent by Priceline Group Inc (NASDAQ:PCLN), the second-ranked company on the list. All the 25 top companies spent a total of…
On Track Innovations Ltd (USA) (OTIV) Gets a Boost from Apple Inc (AAPL)’s iPhone 6 Launch
Apple Inc (NASDAQ:AAPL) broke its previous record of pre-order sales with 4 million units booked within 24 hours of opening. Both iPhone 6 and iPhone 6 Plus have received an extraordinary response from the market. Amid the success of Apple Inc (NASDAQ:AAPL)’s iPhone 6, On Track Innovations Ltd (USA) (NASDAQ:OTIV) has turned out to be…