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Galaxy Note Fires Cause Delay in Galaxy Note 7 Shipments

  •  Published by Pavan Lipare on   September 2, 2016  


Galaxy Note fires affect Samsung shares after delayed shipments of the most recent version of the Android Galaxy Note 7 smartphone. No particular reason was provided for the delay other than that the Galaxy Note 7 required “additional quality insurance inspections.” This is not particularly r [...]

Google Cloud Serious Contender for PayPal Data Storage Business

  •  Published by Pete Nisbet on   August 31, 2016  


The Google Cloud development has resulted in it being a serious contender for PayPal’s data storage business. Amazon.com still leads Google in cloud computing technology, but Google is favorite ahead of Amazon to land PayPal. However, the final decision has yet to be made and PayPal is still ev [...]

Caesar Entertainment Unit Bought by Chinese Investors

  •  Published by Pavan Lipare on   July 30, 2016  


Caesar Entertainment Corp. has agreed to a purchase offer for its online casino games unit Playtika Ltd by a Chinese group of investors. Led by the Chinese online games firm Shanghai Giant Network Technology Co., the purchase deal was for $4.4 billion cash. Among the investors in the Playtika purcha [...]

Porsche Mission E Electric Car and Tesla Motors Problems

  •  Published by Pete Nisbet on   July 26, 2016  


The Porsche Mission E electric car project is generating 1,400 jobs in its development and creation. The German luxury car manufacturer, owned by Volkswagen, wants the battery operated car to be on the market by 2019, and is pulling out all the stops to achieve this. Projected expenditure on Miss [...]

Nintendo Shares Drop Due to Success of Pokémon Go

  •  Published by Pete Nisbet on   July 24, 2016  


Nintendo shares rose sharply after the electronic games giant launched Pokémon Go three weeks ago. Now, after Nintendo announced that the game would not bring the profits expected of it, shares have dropped by almost 18%. Nintendo’s first-quarter earnings release is due July 27, and the compan [...]

Substantial Growth for Microsoft Cloud Computing

  •  Published by Rajesh Namase on   July 20, 2016  


Microsoft’s quarterly profits have been given a boost due substantial growth in the company’s cloud computing unit. Last year Microsoft made a $3.2 loss from April to June, largely due to writing down the mobile phone assets that Microsoft purchased from Nokia in 2014. [...]

Battery Technology Offers Significant Potential for Profit

  •  Published by Pavan Lipare on   July 19, 2016  


Almost everything seems to be run on batteries these days. From your laptop and cell phone to radios, TV remotes and even cars. A great deal of development has been put into improving all these battery operated devices, yet strangely very little into the batteries themselves. It is this lack of batt [...]

Netflix Price Increase Deters Subscribers

  •  Published by Rajesh Namase on   July 19, 2016  


Netflix has admitted that a recent price increase is one likely reason for the company’s growth slowing down to a crawl. Rather than the forecast 2.5 million new subscribers for the three months to June, 2017, only 1.68 million new users have been added. Netflix admits th [...]

Still No Buyer for Yahoo as Losses Increase

  •  Published by Pete Nisbet on   July 19, 2016  


There is still no sign of a buyer as Yahoo losses increase to $440 million in the second quarter of 2017. According to Chief Executive Marissa Mayer, the board has been making “great progress on strategic alternatives” but no offers have yet transpired. [...]