Microsoft Corporation (NASDAQ:MSFT) is said to be negotiating to acquire Mojang, the company that makes the popular Minecraft game. Sources with inside knowledge of the ongoing talks have indicated that Microsoft, which makes Xbox games, is on discussions to acquire the company for $2 billion. The success of Minecraft is believed to be behind the…
AT&T Inc. (T), Verizon Communications Inc. (VZ), and Exxon Mobil Corporation (XOM) Emerge Top on Corporate Spending
In a report released on Wednesday by Progressive Policy Institute (PPI), three companies, AT&T Inc. (NYSE:T), Verizon Communications Inc. (NYSE:VZ) and Exxon Mobil Corporation (NYSE:XOM), have been ranked as the top corporate spenders. An article by USAtoday indicates that AT&T Inc. (NYSE:T) spent $20.6 billion, topping the list for a third consecutive year. Verizon Communications…
Apple Inc (AAPL) Revolutionizes Payment by Introducing Apple Pay
While introducing the iPhone 6 and iPhone 6 Plus, Apple Inc (NASDAQ:AAPL) also took the opportunity to introduce a new method of making payment, namely one that entails tapping a button on the mobile device rather than clicking the mouse on a button on the computer. Christened as ApplePay, it is facilitated by a technology…
Apple Inc. (AAPL) Won’t Be Selling iPhone 6 in China on the Global Launch Day
Even though iPhone 6 is assembled in mainland China, Apple Inc. (NASDAQ:AAPL) indicated that the highly anticipated device won’t be selling in China on the day of the global launch. Many theories have flooded the web. While some think that it’s about China punishing Apple Inc. (NASDAQ:AAPL), others believe that it Apple punishing China due…
Yahoo! Inc. (YHOO) Might Profit From Online Mobile Games Market in China With Alibaba
Ahead of its potential IPO on September 18, Alibaba Group Holding Ltd is all set to breach the mobile games market with aggressive acquisitions and development facilities. Mobile game development will help the company excel in the highly competitive Chinese Internet market. This might help Yahoo! Inc. (NASDAQ:YHOO) to earn more with its Alibaba investment.…
Netflix, Inc. (NFLX) Join Hands in Net Neutrality Protest Movement
Netflix, Inc. (NASDAQ:NFLX) is the latest name among the list of net neutrality protestors, which already has some major players including Twitter Inc (NYSE:TWTR), International Business Machines Corp. (NYSE:IBM), Reddit, WordPress, Foursquare, and many more. The protest is against the new net neutrality laws proposed by the Federal Communications Commission, which is likely to change…
Will Yahoo! Inc. (YHOO) Lose Its Investors After Alibaba IPO?
Alibaba Group Holdings Ltd is going to be the biggest IPO that will put Alibaba at a market value of $200 billion. However, one of the primary stake holders, Yahoo! Inc. (NASDAQ:YHOO), is likely to benefit from the deal but what would happen to the company once it exhausted its trump card. Yahoo! Inc. (NASDAQ:YHOO)…
How Facebook Inc (FB) Intends To Tap Its 100-Million African Milestone
Out of the 200 million inhabitants of the Dark Continent, if as many as 100 million show preference for a social media platform like Facebook Inc (NASDAQ:FB), shouldn’t it be regarded as an achievement? Under the circumstances, it is but natural to boast of user growth figures and use it as leverage to improve its…
Yahoo! Inc. (YHOO) May Lose Its Momentum After Alibaba Group Holding Ltd’s IPO
It’s been nothing short of a dream run for Yahoo! Inc. (NASDAQ:YHOO)’s stocks in the past one month with an increase of 16.43% in its shares prices. However, experts are opined that the company’s stock may not attract the investors post Alibaba Group Holding Ltd’s public offering. Yahoo! Inc. (NASDAQ:YHOO) have witnessed a two-fold increase…
Twitter Inc (TWTR)’s Latest Attempt at Diversification and Income Generation
As a part of its diversification drive, Twitter Inc (NYSE:TWTR) has introduced a ‘Buy’ button that is located within a tweet beside the messages so that a user who is desirous of buying a product or service can accomplish his objective by simply clicking on it. But caution is the name of the game where…