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Skype refuses to give customer records for crime probe; Belgian court wants to know if Skype is a telecom company

A Belgian court wants to know if Skype is a telecom company to be able to oblige the latter into helping them in a criminal investigation. Skype refuses to release customer messages & calls used by suspects in a crime.

May 28, 2015 3:21 AM 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.

May 27, 2015 1:39 PM EDT


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.

May 27, 2015 1:02 PM EDT


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.

May 27, 2015 12:28 PM EDT


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


Amazon pays $16M tax in Germany despite $11.9B profit; company starts tax honesty in 4 European countries

Amazon has paid $16 million of tax in Germany. This is in reference to the electronic retail company’s profit of $11.9 billion in the said country which they say is low. Amazon has also declared its sales in 4 European countries which would mean they would have to pay more taxes.

May 27, 2015 5:08 AM EDT


Apple tumbles as much as 6 percent in unusual trading

Apple Inc (AAPL.O) shares tumbled shortly after the start of trading on Monday, briefly suffering their largest price drop in at least three months on an unusual spike in volume.

Dec 01, 2014 2:23 PM EST


Wall Street falls on weak global data; Apple stumbles

U.S. stocks fell in a broad selloff on Monday, with the S&P 500 suffering its biggest one-day drop in more than a month, as economic data indicated weakness across the globe and the U.S. holiday shopping season got off to a tepid start.

Dec 01, 2014 2:16 PM EST


U.S. manufacturing cools, but underlying momentum remains

U.S. factory activity moderated in November, but sustained gains in new orders and a rebound in exports suggested the economy remained on a firmer footing despite slowing global growth.

Dec 01, 2014 1:28 PM EST


U.S. new home sales rise in October, but September revised down

Sales of new U.S. single-family homes rose for a third straight month in October, but a downward revision to the prior month's sales pace indicated the housing market recovery would remain gradual.

Nov 26, 2014 10:15 AM EST


Japan PM to seek fresh mandate for 'Abenomics' with snap poll

Japanese Prime Minister Shinzo Abe said on Tuesday that he would call an early election to seek a fresh mandate for his economic policies, and postpone an unpopular sales tax rise, a day after data showed the economy had slipped back into recession.

Nov 18, 2014 11:35 AM EST