Major Stock News: Another Round Of Microsoft (NASDAQ MSFT) Layoffs

According to knowledgeable sources, Microsoft Corporation (NASDAQ MSFT) is laying off its entire global advertising sales team. The reduction in force comes as the ad sales positions have become largely redundant as individual divisions are handling their own ad sales today. The sources note the layoffs are coming within the Microsoft Advertising division, and are anticipated to include at least 100 employees in the U.S., … Continue reading Major Stock News: Another Round Of Microsoft (NASDAQ MSFT) Layoffs

Stock Report: Apple (NASDAQ AAPL) Looking To Sell iPhone 6 in Iran

Apple Inc (NASDAQ AAPL) is reportedly in talks with Iranian distributors about entering the country if Western sanctions on the country ease, says the Wall Street Journal, citing sources familiar with the matter. The report revealed that the senior executives of Apple held meetings with Iranian distributors at the company’s regional headquarters in London’s Hanover Street. Apple is eyeing the massive youth market in Iran … Continue reading Stock Report: Apple (NASDAQ AAPL) Looking To Sell iPhone 6 in Iran

Stock in News: Google (NASDAQ GOOG) Glass Banned In Cinemas

Movie theaters have officially ban movie goers from bringing Google Glass and other wearable into theaters. Moviegoers will have to leave their Google Glass at home or in the car as all wearable devices are banned from U.S. movie theaters. The Motion Picture Association of America and cinema owners released new guidelines prohibiting wearable devices including Google Inc (NASDAQ GOOG)’s Glass because they don’t want … Continue reading Stock in News: Google (NASDAQ GOOG) Glass Banned In Cinemas

Facebook (NASDAQ FB) Stock News: The Potential Of Atlas

In its third quarter earnings report earlier this week, Facebook Inc (NASDAQ FB) CEO Mark Zuckerberg stunned Wall Street analysts and investors alike when he announced that spending would be around 75% for the firm next year ($10-12 billion). Exactly what all those extra billions are going to be spent on in 2015 remains a bit murky, but it appears at least of good chunk … Continue reading Facebook (NASDAQ FB) Stock News: The Potential Of Atlas

Biotech Stock News: Celgene Beats Q3 Earnings Estimates

Celgene Corporation (CELG) reported third-quarter 2014 earnings of 88 cents per share (including stock-based compensation expenses), which surpassed the Zacks Consensus Estimate by 6 cents. The company’s earnings were $1.39 per share in the year-ago quarter. We note that figures have been adjusted to reflect the two-for-one stock split effected earlier in the year. Total revenues climbed 18% year over year to $1.98 billion in … Continue reading Biotech Stock News: Celgene Beats Q3 Earnings Estimates

Bitcoin News: Bitcoin Exchange Kraken Launches in Japan

Bitcoin exchange Kraken will launch in Japan today, aiming itself at the nation’s large number of active traders and finance professionals. In its announcement, the company highlighted the strength of Kraken’s security and engineering team, as well as its high trade volumes and reputation for compliance. Gaining public trust is a high priority for any bitcoin business planning to establish a Japanese base, given the … Continue reading Bitcoin News: Bitcoin Exchange Kraken Launches in Japan