Articles by Staff Writer

Dominant Apple gets a big bite in the market share pie

Apple iPhones get the lead in the most saleable smartphone in the U.S. surpassing its tough rival Samsug and other smartphone manufacturers. Android is still the most favored operating system by users.

Sep 04, 2015 08:55 AM EDT


$40 Oil Price and its Impact on U.S Economy

Sharp drop in oil price might be good for the U.S instead of bringing more bad effect.

Sep 04, 2015 08:54 AM EDT


US job gain projections turn spotlight on rate hike

The positive projections for job growth in August are giving much scope for speculation on possible rate hike by US Federal Reserve. The next meeting of Fe is scheduled on 16-17 September. The drop in unemployment rate is also aiding the speculation on rate hike.

Sep 04, 2015 08:50 AM EDT


Ex-Sony Pictures employees filed a class action lawsuit settlement over "The Interview" hacking

Former employees of Sony Pictures Entertainment proposed a class action lawsuit over the film company regarding the cyber attack incident divulging 50,000 personal records of Sony employees in 2014.

Sep 04, 2015 08:49 AM EDT


Strong fundamentals push Ashtead stock to lead Footsie-100

Ashtead was highest gainer among Footsie stocks on London Stock Exchange (LSE) as encouraging first quarter results buoyed the investors. The company has also assured the investors for strong revenue growth in the near future as well.

Sep 04, 2015 08:47 AM EDT


Trading apps make the way for influx of young investors

Shrugging off the market turmoil, many young investors are entering the stock market. As a result, new account openings are doubling. There were more buy orders from young investors rather than selling. Adding to this, new trading apps like Robinhood are attracting youngster in a good number into stock market trading.

Sep 04, 2015 01:31 AM EDT


Smart watch war: Huawei versus Apple Watch

Apple has been dominating most of the market share in the digital world. Now Huawei is making its grand entrance via its new Huawei Watch - Apple's new tough rival.

Sep 03, 2015 11:36 PM EDT


Google Gets a New Logo

Google just made the biggest redesign on their logo since 1999 a month after the company restructuring. Google new logo feature a softer color tone and is made of sans-serif typeface.

Sep 03, 2015 11:33 PM EDT


Citigroup says it's time to rebuild its equities unit

Citi group is planning to rebuild its equities unit even during current economic crisis as they believe that the investment is more lucrative compared to fixed income investment.

Sep 03, 2015 11:30 PM EDT


August sell-off leaves William Ackman with flat gain in 2014 so far

The massive sell-off across global markets took a toll on hedge funds' performance including William Ackman. His Pershing Square LP suffered 7.7 percent loss in August taking the overall year growth to 0.06 percent. With a huge gain of 40 percent in 2014, Ackman was the one of the best performers in the hedge funds until August.

Sep 03, 2015 11:26 PM EDT


Reebok rebrands as a fitness center in the U.S. and Europe

Reebok, the shoe brand is turning into fitness centers. Its "Be More Human" campaign challenges people to test their physical strength in group sessions. Earlier on, it had launched in the U.S. This week, the campaign will roll out in Germany.

Sep 03, 2015 11:26 PM EDT


US economy is growing amidst looming global financial crisis

The current global economic slowdown did have an impact on US economy, but a report suggests that US economy is still growing.

Sep 03, 2015 11:25 PM EDT


Seven tech companies formed an alliance to develop a new standard for open source video format

Netflix, Mozilla, Cisco, Intel, Amazon, Google and Microsoft made an alliance to come up with a new standard for open source, royalty free video format. Reports say this will end video plugins in the Web.

Sep 03, 2015 11:20 PM EDT


Malware for jailbroken iOS devices steal Apple IDs from 225,000 people

Another malware attack on iOS was reported by Palo Alto Networkd over the weekend affecting mostly users from China.

Sep 03, 2015 11:19 PM EDT


HANA Vora, new tool from SAP, helps customers mend data deluge

The new database query tool, HANA Vora, from SAP will enable customers to make a sense of data deluge in more effective way. With this, SAP anticipates to increase its marketshare further. The real challenge for SAP is to convince its customers on end results of the new tool.

Sep 03, 2015 11:16 PM EDT


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