Apple Inc $120M Win Over Samsung Not Really a 'Victory' as Samsung Remains a 'Threat'
Apple Inc. has recently won another patent lawsuit against Samsung in San Jose, Calif. on May 2.
Australian Stock Market Report – Afternoon 5/5/14
The Australian sharemarket has kicked off the trading week modestly higher, in what has been a very light day of trade for local stocks. The All Ordinaries Index (XAO) rose by 0.1 per cent. Volume was light partly due to market closures in a number of major markets. A public holiday in Japan, South Korea and the U.K. will keep their markets closed today. U.S. equities failed to rise on Friday despite the most significant monthly jobs growth in over two years. Continued concerns surrounding Ukrai...
Samsung 'Guilty' of Patent Infringement, Told to Pay Apple $120M
Samsung has been urged to pay $120 million to Apple by a federal jury that held the tech giant guilty of patent infringement.
Microsoft Buys New Zealand Start-up GreenButton to Boost Azure Platform
Microsoft Corporation has acquired Wellington-based start-up GreenButton. The company announced it has bought the successful New Zealand software start-up for an undisclosed amount. The Kiwi company specialises in high performance cloud computing. The acquisition will boost Microsoft's public cloud offering, Microsoft Azure. GreenButton has advanced technology solutions for running computer-intensive applications while on the cloud. The Kiwi start-ups customers include Boeing, NASA and Pixar ...
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New ‘Amazon Smartphone’ – Specs, Exclusive Image, Camera Feature, Amazon Deal & Release Date
Amazon's unannounced smartphone started making rounds in the internet space with its leaked images, starting last month. The exclusive image gives the first impression of Amazon handset's design and build.
Apple Inc. Dominates World Tablet Market Share But Loses More Customers to Samsung
Apple Inc still dominates the world tablet market share and continues to be the top tablet vendor based on a report by research firm IDC. The report came after Apple's recent Q2 FY 2014 earnings call which revealed that iPad sales are slowing down.
Australian Stock Market Report – Afternoon 5/2/14
The Australian share market closed only slightly firmer by the close of trade on Friday, but closed the week down 1.4 per cent, erasing all of last week's 1.3 per cent gain.
Vodafone CEO Talks on Being the Highest Performing Telco in Australia
Despite the network problems in the past, recently appointed Vodafone Australia Chief Executive Officer Inaki Berroeta remains positive that it is now Australia's highest performing telephone company.
Air New Zealand Under Investigation for Passengers' 25-Hour Bus Ride from Hell; Bomb Threat Turns Plane Around
Air New Zealand’s 40-minute flight between Christchurch and Nelson had transformed into a 25-hour bus ride when the airline was forced to cancel several flights due to bad weather. Passengers had no choice but to spend the night on board three buses.
Where Apple Inc. Fails, Samsung Makes an Impression
Apple Inc’s credit ratings failed to impress analysts at Moody’s Investors Service; while Samsung was viewed favourably
Analyst Bullish on Apple Inc. Stock as Survey Found 15M Surge in iPhone Sales in 2015
Analyst Katy Huberty of Morgan Stanley remains bullish on Apple Inc stock as a survey found 15 million surge in iPhone sales in the U.S. by 2015
eBay Stocks Steady Despite Strong Q1 Sales
American online shopping store eBay is faced with steady stocks despite the release of its strong first quarter report on Tuesday as investors take into consideration the company's marketplace and second quarter guidance.
Google Inc Australia Accused of Paying Less Than $500,000 in Tax Despite $46.5 Million Profit
Google Inc in Australia will only pay less than $500,000 in taxes despite doubling its profits in the country with $46.5 million. The Australian Tax Office has billed the international search engine giant company with $7.1 million for the year ending Dec 31. However, after tax deductions were made, the final bill was $466,802, according to a Fairfax Media report.
Will Apple Inc.’s Earpods with Health Monitoring be its Game Changer?
Rumour: Apple Inc’s Earpods will come with health monitoring sensors
Australian Stock Market Report – Midday 5/2/14
A flat open for the ASX 200 has gave way to selling in the early part of trade on Friday. US markets finished on a cautious note as investors ruminate on the outcome of the US jobs report which will be released later this evening local time. Most sectors were in the red, although financials were conspicuous with their decline.
Global Markets Overview – 5/2/14
With most of Europe and parts of Asia shut for May Day holidays, leads are coming from the US alone; and with China still observing Labour Day holidays, trade is likely to see positioning before the non-farm payrolls.
Australian Stock Market Report – Morning 5/2/14
In US economic data, the ISM manufacturing index rose from 53.7 to 54.9 in April. The forward-looking new orders index and the employment sub index continued to expand at a healthy pace. US construction spending increased by 0.2% in March. Public construction hits its lowest levels since 2006. However this was offset by private residential construction lifting to the highest levels since May 2008.
Donald Sterling Forced to Sell Clippers Team, Ban For Life From NBA
Los Angeles Clippers Team Owner Donald Sterling was forced to sell his team after NBA Commissioner Adam Silver came down with the hardest punishment of lifetime ban from the NBA games and $2.5 million penalty over his racist remark that made the general public and netizens frenzy over the past few days.
Malaysian Airlines Flight 370: Preliminary Report Says It Took 4 Hours Before Launch of Official Rescue Operation Upon Discovery the Jet Was Missing
Embattled Malaysia Airlines is expected to elicit more negative feedback from the relatives of the 239 people aboard the missing Boeing 777 jet with two new developments on Thursday.
Malaysian Airlines Flight 370: Is the Air Carrier Giving Up by Closing Family Assistance Centre on May 7 & Telling Relatives to Go Home & Wait for Compensation?
After more than 50 days of searching the Indian Ocean and not finding any trace of the missing Malaysian Airlines Flight 370, is the embattled air carrier throwing in the towel?
Australian Stock Market Report – Afternoon 5/1/14
It was another session where the early trend showed few signs of changing course after the opening bell sounded. With less than half an hour to trade the ASX 200 continued the plumb new lows for the session , the market finished within 10 points of the lowest levels of the day.
Twitter Stocks Still Plummets After Q1 Report Shows Higher Revenue But Lower User Growth than Analyst Estimates
Twitter stocks continue to plummet for two consecutive days after the company's first quarter report on Tuesday revealed higher revenue of $250 million but lower user growth of 255 million compared with the analyst estimates of $241.47 million revenue and 257 million user growth.
Apple Inc. Pays $23.9 to Underwriters at Goldman Sachs, Deutsche Bank, etc
Apple Inc. paid a total of $23.9 million in fees to underwriters from Goldman Sachs Group Inc. and Deutsche Bank AG (DBK)
Australian Stock Market Report – Midday 5/1/14
The Australian sharemarket is losing ground for the second time this week, with the mining and financials the biggest drags on trade. The All Ordinaries Index (XAO) is down 0.4 per cent and is trading below 5450.0pts.
Malaysia Airlines MH370: US Begins Calculating Costs, ‘Not Worth It;’ Ships Sent to Bay of Bengal to Verify GeoResonance Wreckage Claims
The United States has started calculating costs now that the search for the missing Malaysia Airlines Flight MH370 has entered a new phase. Suffice to say, the global economic leader hinted nothing in this world could ever possibly be cost-free.
IOC Dismayed Over Rio 2016 Olympics Preparations, ‘Worst Ever,’ IOC Demands Ridiculous
With roughly only 24 months to go, the International Olympic Committee is wondering if Rio de Janeiro will ever be able to complete its preparations in time for the 2016 Olympic Games. An IOC senior official has blasted the country's preparations for the global games as the worst ever that he has seen so far.
Microsoft OneDrive Storage Corporate Clients to Enjoy Bigger and Cheaper Cloud Storage
Businesspeople who uses Microsoft's OneDrive for their cloud storage can soon get more value for their money after software magnate Microsoft announced in a blog entry entitled "Thinking Outside the Box" that the company will increase of storage space of their corporate clients from 25GB to 1TB per user.
Global Markets Overview – 5/1/14
Currently, when materials are up, financials reverse and vice versa; for Australia today, it appears that the banks will be up, and materials down.
Australian Stock Market Report – Morning 5/1/14
In US economic data, the economy grew at a 0.1% annual pace in the year to March, short of forecasts for a gain of 1.2%. The ADP survey showed that 220,000 private sector jobs were created in April, above forecasts for a gain of 210,000. Employment costs rose by 0.3% in the March quarter, below forecasts for a gain of 0.5%.
New South Wales Sells Newcastle Port, World’s Biggest Coal Export Terminal, for $1.62B; Padbury’s $6.5B Funding Deal for Iron Ore Port Collapses
The New South Wales government announced on Wednesday the sale of the Newcastle Port, the world's biggest coal export terminal, for $1.62 billion to joint venture partners Hastings Fund Management and China Merchants.
Australian Stock Market Report – Afternoon 4/30/14
The Australian share market finished only marginally higher on Wednesday, despite good gains offshore. US market sentiment was buoyed by earnings news with the Dow Jones Index up 0.5 per cent.
Apple Inc Bonds Sale Aims to Reward Shareholders as Market Gives Company 'Cheap Money'
Apple Inc has issued $12 billion dollars in bonds in an effort to reward shareholders locked in a cheaper alternative than overseas cash subject to tax. Apple Inc has said in its recent Q2 FY 2014 earnings call on April 23 that out of $151 billion worth of cash and marketable securities, 88 per cent of the amount is being held offshore.
New Zealand Exports Growth Break Records; Economy Predicted to Surge Until 2015
New Zealand exports reached record-breaking heights due to strong demand for the country's various agricultural products. While New Zealand continues to enjoy high demand of all things dairy in China, meat, fruits and wood are also surging.
Malaysian Airlines Flight 370: Analysts Estimate Air Carrier Would Lose Another $346 M by 2016; JACC Rejects GeoResonance’s Claim That Debris in Bay of Bengal is Missing Jet
There are no doubts over where the missing Malaysia Airlines Boeing 777 jet could have possibly crashed, even as a pilot and an Australian company claim the ill-fated Flight 370 with 239 people on board is in the Bay of Bengal.
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