COMPANIES

Microsoft Buys New Zealand Start-up GreenButton to Boost Azure Platform

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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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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.
Ma Evelyn Castino Quilas May 02, 2014

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.
Reissa Su May 02, 2014

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.
Ma Evelyn Castino Quilas May 02, 2014

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.
Ma Evelyn Castino Quilas May 01, 2014

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.
Reissa Su Apr 30, 2014

Google Self-Driving Car: Five Interesting New Milestones

Too tired to drive your car on around busy metropolitan streets after a hectic day at work? How about just letting Google Self-Driving car take you home as you rest comfortably on your seat?
Ma Evelyn Castino Quilas Apr 30, 2014

Microsoft Issues Advisory to Users: Major Security Flaw on Internet Explorer

Microsoft issued an advisory to all users using Internet Explorer (IE) versions 6 to 11 of a major security flaw on the browser. The advisory dated April 26, 2014 seriously warned consumers on the vulnerability of remote code execution wherein computer hackers could obtain access to the user's computer and operate it remotely.
Ma Evelyn Castino Quilas Apr 29, 2014
Samsung Galaxy S5

Samsung Galaxy S5 Shipped With 'Defective' Camera Unit; Affects U.S.A. and Few Other Countries

On 24th April, Samsung released a 60 seconds advertisement dubbed 'The Next Big Thing Is Here' flaunting the Galaxy S5's camera by comparing it to iPhone 5S's camera unit. Alas, the next day, the company was put in a situation to admit that Samsung shipped a limited number of Galaxy S5 smartphones with "inoperable" cameras and that it has taken necessary steps to make sure the issue does not reoccur in future shipments.
Pavithra Rathinavel Apr 29, 2014
A woman looks at the screen of her mobile phone in front of an Apple logo outside its store in downtown Shanghai September 10, 2013.

Apple Inc Stock Split Decision May Cause Dramatic Fall in Stock Price to Below $100 Theoretically

After surprising investors with its better-than-expected revenues for Q2 FY 2014, Apple Inc has set aside an additional $30 billion for stock buybacks through 2015. The latest stock repurchase announcement will make the company's total buyback to $90 billion. The stock split will be completed on June 9 and Apple's stock price is expected to fall dramatically. According to analysts, if the stock split happened last April 23 with a closing price of $524.75, Apple stock would be trading at $7...
Reissa Su Apr 29, 2014

5 Killer Reasons to Buy ‘OnePlus One’ Android Smartphone; Specifications, Price, Release Date, Early-Bird Offer

The company 'OnePlus' unveiled its first smartphone, the 'One' last week. It is worth noting that, the anticipation around this particular Android Smartphone has been very high and it is touted by many as a flagship killer. OnePlus One runs on CyanogenMod 11S version, which is based on Android 4.4 KitKat and the handset boasts of some of the best high-end specifications and features.
Pavithra Rathinavel Apr 28, 2014
Carbon dioxide emission

Abbott Government Allocates $2.5 Billion for Heavy Industries to Cut Carbon Emissions

In the last Labor-led government, industries had to pay $24 per tonne carbon tax to reduce carbon emissions in the atmosphere. Under Abbott administration, the government would instead pay Australia's heavy industries $2.5 billion to reduce their carbon emissions to meet the federal government's target of 5 per cent reduction or 421 million tonnes of carbon dioxide by 2020.
Vittorio Hernandez Apr 28, 2014

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