Sectors
History offers no support for Detroit; scarce with happy endings for municipal bankruptcy filings
Local governments that filed for Chapter 9 did not exactly have happy endings. Detroit officials may be hopeful that their Chapter 9 bankruptcy filing will ultimately strengthen their economy, but history has shown otherwise.
Huawei takes over Apple's market share
Apple's smartphone market share decreased as Huawei's hold of the global industry increased.
Microsoft must focus on Windows 8 - analysts
Microsoft was advised by analysts to focus on its crucial product and stop steering at different directions.
Apple gears for a Chinese invasion
Apple is gearing for a Chinese invasion. Apple was expected to introduce a new and cheaper iPhone model to the world soon. This cheaper iPhone will also have a bigger screen, something which has been a staple of Samsung offerings.
Latest News
Google recently announced their new Nexus 7 tablet, after its Chromecast and Google Glass prototype release.
Recent financial reports suggested Microsoft lagged behind its fellow tech giants in coping with the industry's shift to mobile.
Analysts noted that Verizon, AT&T and Sprint would all have a room for growth if they would make strategies that would benefit the services they offer for their customers.
Toshiba would cut its expenses on its TV and PC business by US$300 million over the next two years. On Friday, Toshiba Corp of Japan said that it would cut a total of JPY10 billion equivalent to US$100 million in costs in its enterprise on PC and television.
Furious debates arose as the website "The Oil Drum" is archived. With the recent decision to shelf the website "The Oil Drum", many are saying that it marks the end of an era.
The European Commission accepted the book publisher's pledge to end its ebook deals with Apple that breached EU laws on competition.
President Francois Hollande to face challenges in reform programs for France's pension system. French President Francois Hollande may manage a lightweight reform regarding the country's indebted pension system.
India's Lanco Infratech Inc said that they are currently in discussion regarding the restructuring of the company's debt.
Liberty Global increased their stakes in Ziggo from 12.65% to 28.5%. Liberty Global announced that they have increased their stake in the Dutch cable operator Ziggo.
Facebook is doing a good job, but I’d rather look at other companies first, according to Chris Hobbart of Hobbart Financial Group.




