According to a research done by Morgan Stanley, Apple Inc. (NASDAQ:AAPL) might lose iTunes sales because of the global slowdown in recorded music sales. The sale of recorded music touched $15 billion in 2013 with streaming, ad-supported, and paid digital downloads accounting for over 40% sales. However, the sales were down by $1.5 billion as…
Splunk Inc (SPLK) took Big Data Industry with Surprise with Second Quarter 2014 Results
Splunk Inc (NASDAQ:SPLK) posted a strong quarterly result on last Thursday and shook any beliefs about other companies entering its territory. The company added 500 more customers to its increasing customer list with over 7,900 customers throughout the world. Splunk Inc (NASDAQ:SPLK) released its second quarter 2014 results on August 28, 2014 with a 53%…
Apple Inc (AAPL) Investigating Whether iCloud Was Truly Hacked
Something that created more than a buzz on the Internet over the weekend gone by was the fact that there were private and personal photos of more than 100 actresses being shown first on 4chan and then across other several other sites. Jennifer Lawrence, Selena Gomez, Ariana Grande and Kirsten Dunst are some of the…
Jenny McCarthy Coming Live Daily on Sirius XM Holdings Inc. (SIRI) Channel with “Dirty, Sexy, Funny with Jenny McCarthy”
As mentioned in the latest press release of Sirius XM Holdings Inc. (NASDAQ:SIRI), Jenny McCarthy will host a new daily live show, “Dirt, Sexy, Funny with Jenny McCarthy”, on SiriusXm. The show will launch during this fall with focus towards dating, sex, parenting, relationships, current events, and pop culture. Sirius XM Holdings Inc. (NASDAQ:SIRI) has…
Sprint Corporation (S) and Softbank Corp (9984) Will Distribute Sony Corp (ADR) (SNE) Xperia Z3 Smartphone In Their Stores
In an effort to cut down on costs and expand its outreach in the Apple Inc. dominated US market, Sony Corp (ADR) (NYSE:SNE) has reached out to Softbank Corp (TYO:9984) and her US associate Sprint Corporation (NYSE:S) to offer their flagship Xperia Z3 to consumers. This will be the first time Sprint Corporation (NYSE:S) is…
America Movil (AMX) Might Sell Phone Assets to AT&T Inc. (T): Bank of America Corp (BAC) Has Been Hired for The Transaction
Confidential sources indicate that America Movil SAB de CV (ADR) (NYSE:AMX), a telecommunications company owned by business magnate Carlos Slim, has contracted Bank of America Corp (NYSE:BAC) to oversee and conduct sales of its phone assets. AT&T Inc. (NYSE:T) is one of the potential buyers. Bloomerg.com revealed that the sale is part of a bigger…
Iliad SA (ILD) Is Making Another Move on T-Mobile US Inc (TMUS) Bid
After making a failed attempt to purchase Deutsche Telekom AG (DTE)’s T-Mobile US Inc (NYSE:TMUS) unit, Billionaire Xavier Niel’s Iliad SA (EPA:ILD) is making another move by talking with other buyout firms to improve the offer for the German company. In an article published on businessweek.com, Iliad SA (EPA:ILD) is focusing on offering better valuation…
Apple Inc. (AAPL) Said to Introduce Mobile Wallet in iPhone 6 by partnering with Visa Inc (V), Mastercard Inc (MA), and American Express Company (AXP)
The long awaited launch of iPhone 6 set for September 9 is expected to usher in iWallet after Apple Inc. (NASDAQ:AAPL) partnered with some payment networks and banks to create a mobile wallet in the new iPhone. Top of the list are Visa Inc (NYSE:V), Mastercard Inc (NYSE:MA), and American Express Company (NYSE:AXP), which are…
After Qualcomm Inc (QCOM), Microsoft Corporation (MSFT) to Explain Itself to China within 20 Days
In an aftermath of the anti-trust drive conducted by the Chinese regulators, Microsoft Corporation (NASDAQ:MSFT) is one of the 30 foreign organizations that have come under the scanner as regards the manner in which it distributes its browser software package in the country. To this effect, SAIC, an acronym for State Administration of Industry &…
SanDisk Corporation (SNDK) Has Big Plans With $1.2 Billion Fusion-io Acquisition
It all began as rumors then SanDisk Corporation (NASDAQ:SNDK) announced a plan to buy Fusion-io at $1.2 billion about two months ago. This acquisition came at a time when Fusion-io wasn’t doing very well in the market, making the sale a breakthrough to the company owners. According to an article by Gigaom, the deal has…