The struggling company that has been in survival mode for a long time was expected to bounce back if it would focus on software development.
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Google is Apple's toughest competitor
According to Yahoo! Finance, investors would be given great chances with Apple instead of BlackBerry and Hewlett-Packard but Google could slay Apple in terms of future growth.
UKAR sells Northern Rock portfolio for GBP400 million
UKAR announced the sale of a Northern Rock portfolio to JC Flowers and Marlin Financial. UK Asset Resolution (UKAR), also known as Britain's 'bad bank', announced that they have agreed to the sale of a Northern Rock portfolio.
Freee receives $2.7 million in Series A funding
Japanese software firm freee has received $2.7 million in Series A funds from DCM and Infinity Capital Partners.
Craig Farr takes over Sonneborn post
William Sonneborn has resigned as the corporate credit and equity investments head of KKR & Co LP and Craig Farr is set to take over his post.
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According to past reports, natural gas companies planned on expanding their operations in the Gulf region.
Taco Bell decided to kill its kids' meal lineup today. The new prince of Cambridge may just be the unluckiest kid in the world. Exactly one minute after the royal baby was born, Taco Bell decided to kill its entire kids menu.
Taco Bell might have killed a menu line, but the strong sales of the Locos Tacos will ensure the company stays afloat.
According to IDC, there were seven countries where Windows Phone outsold the iPhone. The Head of Public Relations at Microsoft, Frank Shaw, published a blog which tallied the progress of Microsoft.
After David Cameron's proposal of a universal block to child pornography sites, copyright owners expressed concern of the possibility of having reduced operations due to filtering.
The Commonwealth Bank of Australia announced plans to exit the real estate business. Commonwealth Bank of Australia (CBA) said that they are in the process of seeking an avenue to leave its property management business.
BlueTarp Financial has secured additional $15 million funding from Long Ridge Equity Partners and existing investors.
Billabong has secured a $294 million proprietary loan to boost their working capital. Surfwear and extreme sports clothing maker Billabong International Limited has secured a $294 million proprietary loan to boost their working capital and refinance an existing loan.
Falcon Oil & Gas Co said that they have in the process of acquiring shares from remaining FOGA shareholders.
