Facebook Inc (NASDAQ FB) has announced the formation of the TODO project that will simplify the way in which open-source software projects, which are an important part of a cloud and mobile computing development, are executed. According to the announcement of the project on Monday, September 15th, TODO will incorporate best practices for updating the…
Microsoft Corporation (NASDAQ MSFT) scores another acquisition and this time its the popular PC game Minecraft for about $2.5 billion. This could possibly be a big move for the company’s Xbox gaming empire. Microsoft announced the acquisition on Monday and added that the deal won’t be final until the end of the year. Microsoft’s latest…
In 2014, Microsoft Corporation (NASDAQ MSFT) has not been the most favorite tech stock for many investors. Many investors preferred Apple Inc (NASDAQ AAPL) and Google Inc (NASDAQ GOOGL) over Microsoft. But, Microsoft has displayed a consistent growth with a 9% increase in share price YTD. Chairman and Co-founder of StockTwits, Howard Lindzon said, “I…
Facebook Inc (NASDAQ FB) has hired a satellite executive from Google Inc (NASDAQ GOOG) for a similar role earlier this month. Michael Tseytlin worked with the search giant to deliver internet through satellite, and will perform the similar functions in Facebook, as well. The social networking company is taking forward its efforts to catch-up with…
Facebook, an information sharing application that allows an ordinary American to post everything from pictures of themselves to news regarding their latest restaurant experience, now has a market capitalization exceeding $200 billion. With just $12 billion in revenue, Facebook commands rich multiple on earnings by almost any standard. With the stock closing at $77.89 per…
Microsoft Corporation (NASDAQ MSFT) was not fully transparent regarding the sales information of its software, web browser and media player distributed in China, according to an antitrust regulator in the country. Last month, officials from the State Administration for Industry and Commerce (SAIC) for the People’s Republic of China raided the offices of Microsoft Corporation…
