Premium of Yandex over rivals Google and Baidu swelled after Russian Internet advertisement demand increased.
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Industry shift to mobile lifts Facebook, sinks Microsoft
Recent financial reports suggested Microsoft lagged behind its fellow tech giants in coping with the industry's shift to mobile.
Telecoms have room for growth as mobile tech expands - analysts
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 cut costs in TVs, PCs due to weak demand
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.
Hobbart: Good job, Facebook, but I’d rather look at other companies first
Facebook is doing a good job, but I’d rather look at other companies first, according to Chris Hobbart of Hobbart Financial Group.
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Microsoft's recent fumbles and non-interest in its mobile phone ventures left Finnish company Nokia on the deep end.
Samsung continued to see growth in its market share. Although Samsung may not have performed well in terms of profit, it was gaining some traction in terms of market share.
According to analysts, the reorganization in Microsoft would help it bounce back due to the change in its attitude towards competition.
YouTube generates around US$4 billion to US$5.6 billion of Google's total earnings. Google's YouTube was put into the background after the tech titan's new Nexus 7, Chromecast and Google Glass innovation.
Analysts said that Microsoft would not win against the currently fast growing chipmaker Qualcomm. Microsoft's struggles do not stop with its problems in the software industry because it also faces a tough rival in the hardware sector.
Analysts stated that the tablet industry took over the PC industry's shine and if Microsoft wanted to get back, it needs to focus on a mobile-computer enterprise.
Analysts said that Google would continue to increase its global market shares as Apple losses its shares due to the lack of immediate product launch.
Samsung reported not-good-enough profit, which could be a sign of market saturation. Samsung reported a record profit at KRW7. 8 trillion (US$7 billion).
Microsoft's CEO Steve Ballmer and COO Kevin Turner announced the company's next moves after a disastrous Surface RT charge.
