Five Things Which You Didn’t Know About Twitch, Amazon.com, Inc. (NASDAQ:AMZN)’s Recent Acquisition

Amazon.com, Inc. (NASDAQ:AMZN) announced on Monday that it had acquired Twitch for $970 million. What is it about the video game streaming platform that had major companies like Amazon and Google Inc (NASDAQ:GOOGL) vying for its hand? Twitch is an exponentially growing video game live streaming website The operative word here is ‘exponentially growing’. Twitch currently has over one million users who broadcast their content … Continue reading Five Things Which You Didn’t Know About Twitch, Amazon.com, Inc. (NASDAQ:AMZN)’s Recent Acquisition

Sohu Posts Solid First-Quarter Results on Strong Top-Line Growth Across All Segments

Chinese Internet firm Sohu SOHU posted first-quarter revenue and earnings that slightly exceeded the firm’s guidance and our internal estimate, thanks to solid top-line growth across brand advertising, search, and gaming. Revenue grew by 36% year over year to $308 million (versus $299 million at the high end of guidance), while non-GAAP net income came in at $24 million (versus $21 million at the high … Continue reading Sohu Posts Solid First-Quarter Results on Strong Top-Line Growth Across All Segments

Victory For BlackBerry Ltd and headache for Apple Inc (NASDAQ:AAPL) (NASDAQ:BBRY)

A United States Court ruled in favor of BlackBerry Ltd (NASDAQ:BBRY) last Saturday in its patent infringement lawsuit over Typo’s keyboards. A preliminary injunction against the sale of Typo’s Apple Inc. (NASDAQ:AAPL) iPhone keyboards was granted in March this year after BlackBerry filed a lawsuit with the United States District Court of the Northern District of California claiming that the product infringed on one of … Continue reading Victory For BlackBerry Ltd and headache for Apple Inc (NASDAQ:AAPL) (NASDAQ:BBRY)

SCA Posts Steady 1Q Results and Sees Early Signs of Improving Construction Market

Swedish consumer goods company Svenska Cellulosa reported first-quarter results that largely tracked our longerterm expectations. SCA’s hygiene operations (personal care and tissue) were once again steady performers while the forest product division lagged as a result of still-weak European demand for paper and solid-wood products. After reviewing the results, we are maintaining our fair value estimate of SEK 136 per share and our no-moat rating. … Continue reading SCA Posts Steady 1Q Results and Sees Early Signs of Improving Construction Market

Can technology allow us to solve the energy price crisis ?

As a householder, you will be well aware that energy prices have been rising, and the situation has reached crisis level as many property owners are financially stretched by the effort to keep their homes and families warm. The good news is that there are solutions available to reduce the price of energy for consumers, and technology is playing a big role in delivering those … Continue reading Can technology allow us to solve the energy price crisis ?

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Trading Conditions in Europe Remain Soft in TNT’s First Quarter

TNT Express’ first-quarter consolidated revenue fell 4.5% from the same period last year (down 4% excluding foreign exchange). The decline was partly the result of softer Asia Pacific business, including sluggish export activity to Europe. Price competition and a continued mix shift to loweryielding shipments in Europe also contributed. Excluding foreign exchange, revenue was down 1% in the core Europe, Middle East, and Africa region, … Continue reading Trading Conditions in Europe Remain Soft in TNT’s First Quarter