Trending News

Omega sells Facebook, Gold Trust shares, buys Apple

Omega Advisors Inc sold its shares in Facebook and precious metals' companies and bought Apple shares after Apple's decline.


Foxconn's second quarter earnings boost by 40.8% due to strong iPhone sales

Foxconn Technology Group's second quarter earnings report showed a boost of 40.8% due to strong iPhone sales and reduced costs by building factories in China.

Smartphones make camera makers' business increasingly obsolete - analysts

Analysts said the once-core enterprise of compact digital cameras already seemed increasingly obsolete due to smartphones.

Samsung faces USD108 million lawsuit in Brazil over labor violations

A labor rights group reported that the Brazilian government filed a USD108 million lawsuit against Samsung for its labor violations.


Latest News

India's biggest producer Tata Steel is looking for a comeback with a 30% rise in share price this year, prompting an industry observer to suggest that investors sell their Tata stake now.
Billionaire Carl Icahn's tweet influenced Apple share prices, making the leading tech company's stock valuation rise by as much as USD17 billion.
Tencent upgraded WeChat as the Chinese company hoped to boost its revenue through addictive games on mobile devices.
A report from Digitimes said HTC would most likely "drift away" from Windows Phone so that it could focus on its Android smartphones.
According to investors, startups that could generate revenue would keep on growing since venture capitalists are attracted with their capabilities.
Facebook revealed the number of daily users from the US and UK to attract advertisers in spending more money in the social network.
Yelp added a new functionality, allowing everyone to write and edit full reviews through the Yelp mobile app.
Hedge fund billionaire Carl Icahn told Reuters he thinks Apple must trade at USD700 per share since the current price at USD489.57 each is too cheap for the company.
Arno Lenior, Samsung Australia's chief marketing officer, said Apple-mocking ad campaigns has worked wonders for Samsung.
Millennial Media Inc is to purchase Jumptap Inc for around USD225 million in stock. Millennial Media Inc agreed to purchase Jumptap Inc for around USD225 million in stock.