Shares of Gilead Sciences (GILD) gained 3.25% to close the trading session on Aug 15 at $99.45 per share following the favorable verdict by an arbitration panel in a patent infringement case with Roche (RHHBY). The tussle was regarding Gilead’s blockbuster hepatitis C drug, Sovaldi (sofosbuvir). Gilead received further encouraging news on Sovaldi when U.K.’s…
The Apple Inc. (NASDAQ:AAPL) and Samsung Electronics Co Ltd (KRX:005935) patent war has become quite legendary with new twists and turns popping up with every passing week. That the tech giants finally agreed to drop all differences out of the US is clear. But what is irking Apple currently is the fact that it will…
Coins has launched its second bitcoin startup in Southeast Asia with the formal opening of Coins.co.th in Thailand. Led by CEO Ron Hose, Coins launched its Philippines-based bitcoin exchange and merchant processing service Coins.ph in March, at the time enrolling two larger merchants – MetroDeal and CashCashPinoy – in its services. While coinciding with fewer…
Facebook Inc (NASDAQ FB) insiders are at it again, quickly unloading more shares of the social network’s stock. Chief Operating Officer Sheryl Sandberg, director Susan Desmond-Hellmann, Chief Technology Officer Michael Todd Schroepfer, Chief Financial Officer David M. Wehner, Marketing VP David Fischer, General Counsel Colin Stretch and Chief Accounting Officer Jas Athwal all moved some…
Google Inc (NASDAQ GOOG), the megalith technology-media-robotics-car company, is launching an ad-free YouTube music streaming service. Google’s long-rumored “YouTube Music Key” streaming service will offer offline listing including over 20 million songs. This new service follows Songza acquisition and arm twisting of independent record labels. Compared to competition from firms such as Spotify and Pandora…
Ever wonder how Amazon.com, Inc (NASDAQ:AMZN) has the uncanny knack to recommend the product that you were about to look for, as if it had read your mind? Say hello to Big Data. It is the next big thing and it is here to stay. Big Data is the process of finding patterns in huge…
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