Washington Post Co.’s future relied on Kaplan Inc.'s for-profit colleges. On the night of August 5, Kaplan Inc. 's chief executive officer, Andrew Rosen, sent a memo to the company's workers regarding its parent corporation's, Washington Post Co.
Regions
Swisscom profit plunges by 6.8%, to name new CEO before the year ends
Swisscom's profit plunged by 6.8% in the second quarter as it looks for new CEO of the company.
Samsung's Galaxy Mega phone to launch in South Korea
Samsung would launch its newest smartphone, Galaxy Mega, in its home market. Samsung Electronics Co. 's Galaxy Mega would make its debut this week in South Korea.
Serge Godin becomes billionaire following CGI-Logica merger
Serge Godin became a billionaire after the merger of CGI Group Inc and Logica Plc. Serge Godin, the founder of CGI Group Inc. , stated the "stars were aligned" when he took advantage of the strong Canadian dollar and falling European economy to purchase Logica Plc for US$2.
President Obama confirms significant al Qaeda threat
In an interview on "The Tonight Show with Jay Leno", President Obama confirmed the presence of a significant al Qaeda threat.
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Riley Cooper, who was recently caught on video using a racial slur, has returned to team practices after going on a four day hiatus.
Tameka Foster, estranged wife of R&B star Usher sought for sole custody of Usher Raymond V after a drowning incident in the music star's home in Atlanta.
The customer losses of Dish and Charter fueled rumors regarding the possible merger of pay-TV companies.
Energy platform drillMap Inc announced that it successfully closed its Series A funding round with USD 6.5 million.
Xiaomi Tech has overtaken Apple's market share in China with 0.2% lead. Xiaomi Tech, a Chinese smartphone manufacturer, has already surpassed Apple's market share in China.
According to analysts, Apple should focus on the growing smartphone markets like China and India. Canalys, a research firm, said China and India were important countries that Apple needs to focus in terms of growth in the smartphone market.
YoungAndMinted.com, the photo sharing website for people who have succeeded in business, announced that it has received funding from two unidentified investors.
Mobile photography startup Foap said it was able to secure USD 1.5 million in funds from Maxwell Ventures and Industrifonden, a venture capital firm in Sweden.
Analysts said Apple must make its own smartphone trade-in program to boost its sales. According to Apple Insider, Apple's CEO Tim Cook is currently considering the possibility of adopting the trade-in program of AT&T and T-Mobile.
