Apple has created a record in Wall Street for the highest company value ever or in Wall Street terms MVP – Most Valuable Property. Apple’s worth hit $624 Billion as it’s stocks gained. All this, thanks to the upcoming launch of iPhone 5. On Monday, Apple’s surging stock propelled the company’s value to $624 billion, the world’s highest, ever. It ... Read More »
Google to cut 4,000+ jobs in Motorola, Market Cheers Decision!
Google has announced it first ever job cut in Motorola. Google has planned to cut the workforce of Motorola Mobility by 20%, i.e., 4000+. Google’s move was in efforts to ensure the company makes some profit. Google is trying to invest and concentrate more on smart phones and phase out the simple mobiles altogether from Motorola. The most interesting part ... Read More »
Zynga in Trouble?
The once shining new company with bright future ahead has entered into a very tough phase. Zynga the people behind our secret-gaming passion for Farmville, Mafia Wars etc., isn’t really doing well. With the continued decline of players and earnings, investors aren’t really interested in playing with Zynga. With investors turning their back towards Zynga the struggling company is finding ... Read More »
Microsoft reports first ever loss!
Microsoft the warlord of computers has reported it’s first ever loss in 26 years! This has come as a real shocker. Microsoft has literally designed and developed the way we use computers today, Microsoft has made sure everyone had access to the awesome power of computers. But Microsoft has been struggling to survive in the every changing world of technology. ... Read More »
Marissa Mayer Is The New CEO Of Yahoo!
Marissa Mayer is the new CEO Of Yahoo. She quit Google today and starts her new job tomorrow. Mayer was Google’s first woman engineer. She managed its search product for years. She also led development of iGoogle, Google News, and Gmail. (Check out more on her impressive career here.) In 2010, she switched to Google Maps and other local products. ... Read More »
Economy is as broken as it was 4 years ago?
U.S President Barack Obama has revealed that he feels the economy is as broken as it had did four years ago, when he took office. He’s most frustrated by the inability “to change the atmosphere” in the capital “to reflect the decency and common sense of ordinary people” who want leaders to solve problems. He adds “there’s enough blame to ... Read More »
Best Buy to cut 2,400 jobs in turnaround effort
Electronics retailer Best Buy Co. is laying off 600 staffers in its Geek Squad technical support division and 1,800 other store workers as it seeks to restructure operations and improve results, the company said Friday. The cuts amount to about 1.4 percent of the company’s total staff of 167,000. Best Buy is trying to combat the “showrooming” of its stores, ... Read More »