Microsoft Corporation (NASDAQ MSFT) is reportedly on the verge of concluding the acquisition of Minecraft maker Mojang for a whopping $2 billion plus, according to the Wall Street Journal. Minecraft is a block building video games, highly popular among masses. Minecraft deal, if goes through, would enhance Microsoft Xbox division, making it the first billion…
Apple Inc (NASDAQ AAPL) stock had an active day Tuesday, rallying on the back of the iPhone 6 unveiling and then ending with a slight loss. Some probable reasons for the slight downward trend could be investor concerns and profit taking toward the end of the day. Apple investors followed every move of the company…
Facebook Inc (NASDAQ FB) is collaborating with Beer giant Anheuser-Busch to sell and gift Budweiser and Bud Light online in Chicago and Denver, says a report from USA Today. In its testing phase now, but the program is likely to expand in whole nation once successful. Under the program, ‘Buds for Buds’ a friend can…
Dubai-based entrepreneurship platform AstroLabs has announced that it has launched a new tech hub in partnership with digital giant Google (NASDAQ GOOG) in Dubai. The tech hub is called AstroLabs Dubai. Astro Labs Dubai will be situated in Dubai Multi Commodities Centre Free Zone, is scheduled to open in Y 2015, and will help tech…
Google Inc (NASDAQ GOOG) CEO Larry Page sold 33,332 Google shares in a transaction on Monday, September 8th. Page sold his stock at an average price of $595.14, for a total value of $19,837,206.48. After the transaction, Page owns 23,153,578 shares in the company valued at approximately $13,779,620,411, according to a filing with SEC. Google…
Alexion Pharmaceuticals’ (ALXN) sole marketed product is Soliris (eculizumab). Soliris is available for the treatment of two rare genetic disorders – paroxysmal nocturnal hemoglobinuria and atypical hemolytic uremic syndrome. As the company is entirely dependent on Soliris for growth, it should look to avoid any setback related to the product. However, the FDA seems to…
