Transocean Ltd. (NYSE:RIG) on Nov. 9 reported a net loss attributable to controlling interest for the three months ended September 30, 2014 of $2.217 billion, or $6.12 per diluted share. For the three months ended September 30, 2013 the company reported net income attributable to controlling interest of $546 million, $1.50 per diluted share, which…
Nokia Corporation (HEL NOK1V) was once known for its mobile phone segment, which Nokia chose to partner with Microsoft Corporation (NASDAQ MSFT)’s Windows Phone to help try to put pressure on Android and the iPhone. Unfortunately, the partnership provided little gain and progress for the companies and ultimately, Microsoft would end up buying Nokia’s mobile…
Google Inc (NASDAQ GOOG) has been sued by a worker who is dissatisfied with the company’s treatment of him, says a report from Reuters. The worker alleges that he was not paid overtime, was classified by the company as an independent contractor in an improper manner, and was terminated when he requested that more hours…
Facebook Inc (NASDAQ FB) is making another change to appease users. On Thursday, the social media announced plans to simplify the data policy. This comes right after the company announced plans to improve targeted advertisements in the United States. Just a few months ago, the search giant started to use information on what websites people…
Microsoft Corporation (NASDAQ MSFT) recently release an emergency patch to fix a 19-year-old software bug. Last May, researchers from International Business Machines Corp (NYSE IBM) first discovered the bug that affects both Windows and Office products. The bug has been in every single version of Windows, starting with Windows 95. The bug presented a problem…
Margrethe Vestager, the new antitrust commissioner of the European Union (EU) wants to limit their investigation on the allegations against Google Inc (NASDAQ GOOG) on problems related to competition. According to Vestager, their investigation cannot address many of the concerns voiced against the search engine giant in public debate regarding its alleged anti-competitive practices. “Our…
