Insurance companies would deal with major payouts due to Spain train crash. Allianz, an insurance company from Germany, would deal with a huge bill for compensation payments after the deadly train crash that happened in Spain.
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CORRECTION: Oracle expects US$38.87 billion in revenues for fiscal year 2014
Oracle signed a nine-year deal with Salesforce to boost its efforts on cloud computing and hardware enterprise.
Prince George's effect on the retail market
Centre for Retail Research aid that the royal baby boy would generate US$373 million retail boom until August 31.
Los Angeles public schools sign US$30 million-worth deal with Apple
Apple and Los Angeles Unified School District would join forces through a US$30 million-worth deal. Next year, the Los Angeles Unified School District would put 640,000 iPads into the students' hands.
Adobe estimates US$1.19 billion earnings through cloud tech
Adobe's recent acquisition, Neolane, would help the company attain US$1.19 billion earnings from digital marketing cloud.
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Investigations were now being held to understand the cause of Spain train crash that killed 78 people.
Analysts suggested that BlackBerry would be able to attain its former glory if it would go back to the enterprise market.
BlackBerry laid off 250 employees after firing 5,000 people last year due to weak earnings. BlackBerry, a currently troubled smartphone producer, fired 250 employees from its product-testing facility in Waterloo, Ontario.
Carlos Slim Helu invested US$40 million in a mobile audio app company to compete against Apple's Siri and Google voice search.
The global tablet market share of iPad fell to its all-time all. On Thursday, the market research firm TrendForce reported a data that showed the global tablet market share of iPad declined to its lowest point in history.
Fortune's Philip Elmer-DeWitt said that Apple spent US$16 billion to buy 36 million of its own shares.
Samsung increased it investment by US$1 billion with the hope that it would compensate for the slumping smartphone growth.
Analysts from Citi released a report that in 2015, the smartphone saturation would transpire. On Thursday, analysts at Citi released a report regarding the saturation in the smartphone market.
The camera-producer titans find it hard to sell its product due to the increasing demand for smartphones.
