Breaking Stories »

July 28, 2014 – 8:21 pm |

US economy failed to rebound in the second quarter of 2014 as much as investors expected and the American currency declined against Euro for the first time during the last seven days.

Tomorrow FED will begin meetings to debates the interest rates pace and if the Government is going to reduce further its bond purchase monthly amount.

Investors and analysts expect the rebound to be weaker than Read more […]

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Merger Between AMR Corporation (OTCMKTS:AAMRQ) and US Airways Group Inc on Hold

August 16, 2013 – 6:57 am |
Stocks

Nearly 1,000 white-collar workers at US Airways Group Inc (NYSE:LCC) and AMR Corporation (OTCMKTS:AAMRQ) got a temporary stay, when the U.S. government filed a lawsuit to block the carriers’ planned merger of $14 billion.

Merging headquarters staffs is just one of the many tasks that are put on hold by the U.S. lawsuit. A new stock ticker, re-formed board and the move of Chief Executive Officer Read more […]

May 2014 Trial on E-book Damages Weighs Heavily on Apple Inc

August 16, 2013 – 6:25 am |
Apple Inc

It’s been reported by Reuters that Because of the violation of antitrust law, Apple Inc. (NASDAQ:AAPL) and five major publishers were scheduled on a trial by the federal judge on May 2014 due to increasing the prices of e-books. Moreover judge ordered them to determine the damages, which was made public on Wednesday.

The case is U.S. v. Apple Inc et al, U.S. District Court, Southern District Read more […]

Nokia Corporation (ADR) (NYSE:NOK) Plans to Launch 5.2 inch phablet along with 10 inch Windows Tablet

August 15, 2013 – 2:15 pm |
Nokia

Nokia Corporation (ADR) (NYSE:NOK), a Finnish phone maker plans to launch a 5.2 inch phablet device and a 10 inch Windows RT tablet in current year.

Dopsy, a Chinese news website managed to get its hands on a promotional picture of the device, tipped to launch as the Nokia Lumia 825, which unlike the big screen Lumia 625 will be a high-end device.

The Nokia Lumia 825 will have a quad-core 1.2GHz Read more […]

Facebook Inc. (NASDAQ:FB) attempt to make online purchases friction free-painless

August 15, 2013 – 11:35 am |
Facebook

Facebook Inc. (NASDAQ:FB) has decided to test a new payments product through which online shoppers would be able to make purchases on mobile apps more simply using their Facebook login information.

According to the sources familiar with the company’s plan, the product would allow any shopper to make purchases with e-commerce mobile apps without providing billing information if he has previously Read more […]

Apple Inc. (NASDAQ:AAPL) Making TV More Flexible, Spending upto $1.5 Million

August 15, 2013 – 11:34 am |
Apple Inc

Sitting in front of your TV and seamlessly finding — and surfing between — Netflix, HBO Go, iTunes and live TV, all without switching to apps and inputs.

Another similar feature is already anticipated in next-generation Xbox, and it could be part of what Apple Inc. (NASDAQ:AAPL) is attempting with its recent acquisition of a small Silicon Valley-based technical startup called Matcha.TV, an app Read more […]

Tech Stocks Trending in News, Facebook Inc. (NASDAQ:FB) & Nokia Corporation (ADR) (NYSE:NOK)

August 15, 2013 – 8:48 am |
Facebook

According to Facebook Inc. (NASDAQ:FB), among its total UK users 83% are those who like to log in social networks from a smartphone or tablet.

The company has more than 24 million U.K users in total who log-on to the website each day, with 33 million people who visit the website each month. According to these figures one get a quick view that about 20 million users access the website using a smartphone Read more […]