Trending News

SugarCRM raises USD40 million from Goldman Sachs

Goldman Sachs invested USD40 million in software company SugarCRM allowing Goldman Sachs VP Antoine Munfa to join SugarCRM's board of directors.


Home Depot earns from US housing market recovery

Home Deport benefited from the recovery of the US housing market. The revitalization of the U. S. housing market helped Home Depot Inc. top the quarterly profit and sales assessments made by analysts on Tuesday.

Outage loses Amazon USD4.72million in revenue

An industry observer concluded that Amazon lost around USD5 million in revenue when the e-commerce site went down 1PM Pacific time today.

Monsoon rains halts PSE trading

Torrential rains and flooded caused PSE to postpone trading for two consecutive days. The Philippne Stock Exchange (PSE) announced earlier today the postponement of trading.


Latest News

Retailer Tesco would try to compete in the digital downloads market through the release of its own iPad-like tablet computer.
Web analytics experts said Google outage for a few minutes resulted to a 40% slump in the global internet traffic and a loss of USD500,000.
Google was recently awarded the patent to utilize an eye-tracking technology that could establish a pay-per-gaze advertising system.
Samsung and Sony would introduce their new devices in September 2013, ahead of Apple's iPhone launch.
Hon Hai signed a sales partnership deal with the convenience stores of 7-Eleven in Taiwan to expand its television enterprise.
Reports said Nokia would roll out a tablet powered by Windows RT next month. Microsoft failed to meet the sales expectations on its Surface tablets running on the Windows RT operating system.
Ethiopia signed an USD800 million contract with ZTE for the expansion of the country's mobile phone infrastructure.
Fresh from Activision's success of its popular Skylanders franchise comes Disney Infinity, a move from Walt Diney Inc to expand into the toy-meets-video game-world market.
Analysts said Apple could attain a trillion-dollar valuation considering the company's current services, products and investments for the future.
Reports said the recent changes to Gmail upset several retailers and marketers with already a 1% plunge in the number of opened emails.