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…
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,…
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)…
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…
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…
Microsoft Corporation (NASDAQ MSFT) announced this week that it paid $2.5 billion to acquire Swedish gaming company Mojang, maker of the popular Minecraft game. Analysts are starting to weigh in on that deal, and those at Morgan Stanley think it’s a smart way for the company to use its offshore cash. Some investors may be…
