Category: Internet

Finance, Internet

Stock in News Today: Microsoft (NASDAQ MSFT) Lays Off More Than 2000 Employees

Microsoft Corporation (NASDAQ MSFT) did a second round of layoffs on Thursday, cutting 2,100 jobs worldwide. About 747 of these jobs were from the Seattle area. Last July, the company laid of 13,000 employees and an additional 2,900 jobs will be cut within a year. The previous job cuts were due to the Nokia wave, with the deal between Nokia and Microsoft not reaching the … Continue reading Stock in News Today: Microsoft (NASDAQ MSFT) Lays Off More Than 2000 Employees

Richard Atkins
Finance, Internet

Active Stock Update: Google (NASDAQ GOOG) Accused by News Corp for Distorting News

Google Inc (NASDAQ GOOG) is fighting a new combatant in its European antitrust case while Peter Theil called the European anti-trust measures a significant challenge to the firm. Google, for its part, humorously pointed to a famous incident of News Corp distorting the news. News Corp says Google distorts search results on news stories, Google references “hamster sandwich” news story for comic relief. The Rubert … Continue reading Active Stock Update: Google (NASDAQ GOOG) Accused by News Corp for Distorting News

Richard Atkins
Finance, Internet

Stock in Focus: Facebook (NASDAQ FB) Gets Surpassed By Alibaba, On Alibaba’s first Day

Alibaba Group Holding Ltd (NYSE BABA) was off and running at the New York Stock Exchange, and investors wasted no time in diving in. Shares opened up at just under $93 a share, granting the Chinese online retailer a market value of $228.5 billion. On its very first trade on the New York Stock Exchange, Alibaba Group surpassed Facebook (NASDAQ FB) in market cap. Alibaba … Continue reading Stock in Focus: Facebook (NASDAQ FB) Gets Surpassed By Alibaba, On Alibaba’s first Day

Richard Atkins
Finance, Internet

Stock in News: Microsoft (NASDAQ MSFT) Increases Dividends after Board Reshuffle

It’s beginning to feel as though nothing is meant to remain the same under new CEO Satya Nadella. After replacing former CEO Steve Ballmer, he’s seen his predecessor not only his post but also leave the board in order to look after his billion dollar Los Angeles Clippers, he’s decided that Microsoft Corporation (NASDAQ MSFT) software products should be made available for all devices (Office … Continue reading Stock in News: Microsoft (NASDAQ MSFT) Increases Dividends after Board Reshuffle

Richard Atkins
Finance, Internet

Stock Highlight: What Android One Could Mean to Google (NASDAQ GOOG)

Google announced the launch of its Android One platform on Monday, September 15, targeting the low-end smartphone segment in emerging markets. While newly launched phones are currently available in India, the company plans to roll them out to other developing countries such as Indonesia, the Philippines, Bangladesh, Nepal, Pakistan and Sri Lanka in the coming months. The wide launch strategy signals that the competition in … Continue reading Stock Highlight: What Android One Could Mean to Google (NASDAQ GOOG)

Richard Atkins
Finance, Internet

Facebook (NASDAQ FB) Stock News: Facebook Set To Benefit Most From Ad Dollar Shift

Facebook Inc (NASDAQ FB) is expected to emerge as the greatest beneficiary of the ad dollars that are switching from the traditional media to online platforms while Twitter Inc (NYSE TWTR) should come in second, according to a September 16th report from Cantor Fitzerald analysts Youssef Squali, Naved Khan and Kip Paulson. The conclusion is based on an analysis of top U.S. social media platforms … Continue reading Facebook (NASDAQ FB) Stock News: Facebook Set To Benefit Most From Ad Dollar Shift

Richard Atkins