BREAKING NEWS
  • GOOG836.82-0.35 -0.04%
  • EGFDF+0.000 +0.000%
  • AAPL141.20-0.63 -0.44%
  • WFC52.45-0.27 -0.51%
  • IBM170.05-1.05 -0.61%
  • MCD132.30+0.95 +0.72%
  • X28.73-0.15 -0.52%
  • AA31.76+0.45 +1.44%
  • DXJ48.05-0.39 -0.81%
  • FXI37.80-0.66 -1.72%
  • FCX12.47-0.28 -2.20%
  • MON115.94-0.25 -0.22%
  • DE108.47-0.33 -0.30%
  • KO43.48+0.41 +0.95%
  • JNJ121.82-3.90 -3.10%
  • NVS72.93-0.40 -0.55%
  • HAL48.53-0.31 -0.63%
  • SLB77.93-0.31 -0.40%
  • GE29.84+0.20 +0.67%
  • MRK62.27-0.53 -0.84%
  • PCLN1763.31-7.30 -0.41%
  • FB140.96-0.46 -0.33%
  • POT16.53-0.14 -0.84%
  • WP Stock Ticker

Apple faces U.S. class-action lawsuit by employees over bag searches

SAN FRANCISCO (Reuters) – Apple Store employees who sued Apple Inc over bag searches at the iPhone maker’s 52 brick and mortar outlets in California had their case certified as a class-action by a federal judge on Thursday. Source
Posted On 17 Jul 2015

Qualcomm faces EU antitrust probes over tactics to block rivals

BRUSSELS/FRANKFURT (Reuters) – European Union antitrust regulators are investigating whether one of the world’s biggest chipmakers, Qualcomm, uses illegal tactics to shut out rivals, six years after slapping a record 1 billion euro ($1.09 billion) fine on Intel for a...
Posted On 17 Jul 2015

Netflix seen adding more viewers with strong content, new markets

(Reuters) – Netflix Inc’s accelerating subscriber growth signals the video streaming service has much more room to expand, with some analysts seeing it tripling its subscribers to 200 million within a few years, driven by international expansion. Source
Posted On 17 Jul 2015

Google rallies as profit beats forecasts on ad revenue growth

BENGALURU/SAN FRANCISCO (Reuters) – Shares of Google Inc rose nearly 12 percent after the Web search leader’s profit beat forecasts for the first time in the last six quarters, boosted by strong advertising revenue and comments by its new chief financial officer on...
Posted On 17 Jul 2015

China’s Xiaomi will strengthen IP ahead of U.S. entry: executive

BEIJING (Reuters) – Fast-growing Chinese smartphone maker Xiaomi Inc is strengthening its patents in preparation for its entry into the U.S. market, head of international operations Hugo Barra told Bloomberg Television on Thursday, without offering a time table. Source
Posted On 17 Jul 2015

Sharp faces $282 million operating loss for April-June: Nikkei

TOKYO (Reuters) – Japan’s Sharp Corp is set to swing to an operating loss in the April-June quarter, the Nikkei business daily reported on Friday, reflecting a sharp downturn in its smartphone display business which forced it to seek a bailout from banks in May. Source
Posted On 17 Jul 2015

U.S. judge says Internet streaming service should be treated like cable

NEW YORK (Reuters) – A U.S. judge ruled on Thursday that online television service FilmOn X LLC should be treated like a traditional cable system in order to transmit the programs of the nation’s broadcasters over the Internet. Source
Posted On 17 Jul 2015

Sharp faces $282 million operating loss for April-June quarter: Nikkei

(Reuters) – Japan’s Sharp Corp is set to swing to an operating loss in the April-June quarter compared with a year ago profit, the Nikkei business daily reported on Friday. Source
Posted On 17 Jul 2015

No hanky panky: SEAsia apps woo investors with local expertise

SINGAPORE (Reuters) – Manila office worker Catherine Anunciacion, 28, wanted new friends so she joined Peekawoo, a dating app made for women that emphasizes fun and companionship – and nothing more. Source
Posted On 17 Jul 2015

Facing AT&T, America Movil pledges free roaming, $6 billion network upgrade

MEXICO CITY (Reuters) – Mexican telecoms giant America Movil, controlled by billionaire Carlos Slim, will respond to a challenge from U.S. carrier AT&T by offering some subscribers free calls to and data in the United States, and will also invest $6 billion in its...
Posted On 17 Jul 2015