Skype summoned to Belgian court after company fails to provide requested call data
Skype ordered to appear in a Belgian court after the company did not provide call data as requested.
May 27, 2015 10:52 PM EDT
US Supreme Court ruling in Cisco Systems patent infringement case favored Commil USA
Supreme Court voted 6-2 in favor of Commill USA in a case of patent infringement against Cisco Systems. Judge acknowledge the existence of patent troll issues.
Worldwide smartphone growth to slow down this year, Android to lead market share
The global smartphone growth is expected to slow down this year. Android meanwhile is predicted to lead in terms of market share.
TiVo revenue rises to 7.2% and aims international expansion through Cubiware acquisition
TiVo increased its quarterly revenue to 7.2% due to subscription growth. Cubiware acquisition is expected to bring more positive results for the company.
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Samsung announced merger in affiliate companies to strengthen immediate heir’s future control in the organization
Samsung Group is putting a speedy effort to consilidate its key assets to strenghten the future leadership of the company. Cheil and Samsung C&T is the latest merger announcement within the group.
May 27, 2015 11:44 AM EDT
Snapchat IPO plans revealed by CEO and founder during the Recode Code Event; Future Plans involves $15 Billion worth of Mobile Apps
Snapchat has gained over 200 million active users according to recent reports. The company has grown from a mobile app to a media affiliate currently having an estimated value of $15 billion.
May 27, 2015 11:21 AM EDT
Expedia lets go of Chinese Partner eLong
Expedia is investing $280 million on Travelcity but divested from eLong. Expedia is very busy this year. It also turns out to be a pretty expensive year after buying Travelcity in February for $280 million and investing $1.
May 27, 2015 4:06 AM EDT
Indian E-commerce Giant Snapdeal Acquires MartMobi to Strengthen Mobility Platform for Merchant Partners
Snapdeal, one of the largest e-commerce players in India, has snapped MartMobi for an undisclosed amount. The acquisition is set to help improve its mobile experience for sellers and customers on its marketplace.
May 27, 2015 3:09 AM EDT
MasterCard Send via P2P magic offers instant transactions within seconds
MasterCard Send is the newest P2P payment system that eliminates time and network boundaries. It is expected to close digitized monetary transactions in seconds.
May 27, 2015 2:31 AM EDT
Taxi App Wars: Didi Kuaidi Invests on Promotions, Goes Head-to-Head With Uber, Yidao Yangchae
Didi Kuaidi invests on marketing and promotions this year, competes head to head with Uber. China's biggest taxi-hailing company Didi Kuaidi plans a dramatic expansion that will help bring more riders and fend off competitors by investing $161.
May 27, 2015 2:21 AM EDT
Russian rouble suffers steepest drop in 16 years
The rouble plunged more than 11 percent against the dollar on Tuesday in its steepest intraday fall since the Russian financial crisis in 1998 as confidence in the central bank evaporated after an ineffectual rate hike.
Dec 16, 2014 2:05 PM EST
Vanguard's stockpickers outperform despite firm's passive push
Vanguard Group became the largest U.S. fund manager by assets by persuading investors that they don't need to pay for a stock picker. Yet a funny thing happened along the way: Most of the 30 active stock funds the firm runs have actually beaten their respective benchmarks and Vanguard’s own highly touted index funds.
Dec 16, 2014 2:03 PM EST
Stocks rebound, oil pares losses ahead of Fed meeting
Crude oil prices pared losses and global equity markets rebounded on Tuesday as investors snapped up beaten-down energy stocks and wagered the U.S. central bank will express caution in the midst of growing turmoil in capital markets sparked by oil's collapse.
Dec 16, 2014 1:59 PM EST
Airbus ops chief resigns, replaced by Tom Williams
Airbus Group (AIR.PA) on Tuesday announced the resignation of the no.2 at its planemaking unit, Chief Operating Officer Gunter Butschek, after 2-1/2 years in the role.
Dec 16, 2014 1:45 PM EST
U.S. housing starts fall, but trend points to recovery
U.S. housing starts fell in November as groundbreaking for single-family homes declined after two hefty increases, in what appeared to be a brief pause in a gradual recovery trend.
Dec 16, 2014 1:14 PM EST
Lehman trustee petitions Supreme Court over Barclays dispute
The trustee handling the liquidation of the brokerage unit of Lehman Brothers Holdings Inc filed a petition with the U.S. Supreme Court on Monday seeking review of the business's cash assets awarded to Barclays Plc (BARC.L).
Dec 15, 2014 3:13 PM EST
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