Search Results for: Apple

S&P 500 index over 2,000 for first time

August 26th, 2014 (0)
US shares hit a record high yesterday, with the S&P 500 index breaking the 2,000-point mark during trading for the first time in its history. Global investors have piled into American stocks, pumped up by cheap money from central ...

Amazon snaps up live video startup Twitch for $970 million

August 26th, 2014 (0)
Amazon.com Inc snapped up live-streaming gaming network Twitch Interactive for about $970 million in cash, reflecting Chief Executive Officer Jeff Bezos’ resolve to transform Amazon into an Internet destination beyond its core retail operations. The move, announced by the ...

Asian Stocks Fall as BHP Billiton Drags Index Lower

August 20th, 2014 (0)
Asian stocks fell after valuations reached the highest level this year and as BHP Billiton Ltd. (BHP) slumped, dragging materials shares to the largest decline on the regional gauge. BHP, the world’s largest miner, tumbled 3.9 percent in Sydney ...

Xiaomi just took over China – is the U.S. next?

August 6th, 2014 (0)
In four short years, Chinese smartphone maker Xiaomi went from non-existence to No. 1 in China. Could the same happen in the United States? Possibly — but not anytime soon. Xiaomi captured 14% of the Chinese market in the ...

Tesla resolves trademark dispute in China

August 6th, 2014 (0)
U.S. electric carmaker Tesla Motors Inc (TSLA.O) said it has “completely and amicably” resolved a trademark dispute in China, removing a hurdle that had threatened CEO Elon Musk’s ambition to expand rapidly in the world’s biggest auto market. It ...

Alibaba Has a Computing Cloud, and It’s Growing, Too

August 5th, 2014 (0)
Alibaba, the Chinese e-commerce giant, has a growing cloud computing business and a hunger for American companies. And soon, it will most likely have a large amount of cash. Will it take on the American cloud giants? It would ...

Microsoft must provide foreign customer’s e-mails

August 1st, 2014 (0)
Microsoft Corp must turn over a customer’s emails stored in a data center in Ireland to the US government, a US judge ruled on Thursday in a case that has drawn concern from privacy groups and major technology companies. ...

China’s factories expand as global trade flourish

August 1st, 2014 (0)
Activity in China’s vast factory sector expanded at the fastest pace in 27 months in July, while industry surveys across Asia showed a pick up in export orders that hinted at a long-awaited revival in global trade. China’s official ...

EU court to decide on tax-free trading of bitcoin

July 30th, 2014 (0)
Tax-free trading of bitcoin is on legal questioning at the European Union’s top court following Swedish authorities request to extend existing levies to virtual currencies. The EU Court of Justice must decide if transactions between virtual and traditional currencies ...

Dollar Tree to acquire Family Dollar Stores

July 29th, 2014 (0)
Dollar Tree Inc. (DLTR:US) agreed to buy Family Dollar Stores Inc. (FDO:US) for about $8.5 billion, creating a sprawling discount chain with $18 billion in sales and more locations than any other retailer in the U.S. Dollar Tree will ...
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