Alphabet Inc 3Q Results – Google Growth Powered by Mobile Business

Alphabet

Alphabet Inc, the newly formed parent company of Google, has announced its third quarter results. Google’s growth trajectory is powered primarily by its mobile business and Alphabet’s revenue is expected to continue to be driven by Google’s core advertising business which contributed to 90.4% of the overall sales in the third quarter. Google CEO, Sundar […]

Indian PM Narendra Modi Invited to Facebook Headquarters: Set to Field Questions in Townhall

mark-zuckerberg

Narendra Modi, the Indian Prime Minister, has been invited to attend Facebook’s Townhall to be held on September 27 at its Silicon Valley headquarters. Prime Minister Modi will field questions from the public during the townhall proceedings, announced the social media giant. ‘Prime Minister Modi and I will discuss how communities can work together to […]

Apple Stock Price Gets a Big Boost from Tim Cook’s Email Response on Reassuring Sales in China

Tim Cook

After Tim Cook, Apple CEO, responded to CNBC’s ‘Mad Money’ host, Jim Cramer’s email, that Apple has been witnessing reassuring sales growth in China, the stock prices got a big boost. Apple is said to have traded at 5% higher on the back of this reassuring mail from the CEO. According to nytimes.com, the ‘Mad […]

Credit Score of Facebook Friends Could Affect your Loan Application

Credit Score

Facebook is taking another step into the world of electronic payments. This time, they are joined by credit agencies, banks and other government bodies. While the electronic payment system is slowly encroaching conventional payment methods, only a handful of companies have successfully managed to integrate them. Making payments using your smartphone is a possibility and […]

Goldman Sachs’s Michael Evans Appointed as the New President of Alibaba

Michael Evans Goldman Sachs Alibaba President

Michael Evans is a veteran in the industry who has served for twenty years at Goldman Sachs. He is an extremely valuable asset to Alibaba during a crucial time. The company has appointed him as their new President and Evans will be responsible for all business decisions and expansions from now. With this announcement, Alibaba, […]

General Motors Co. Planning to Invest $877 Million to Revamp Truck Plants

General Motors

General Motors is busy in setting up some of their truck plants so that they are future proof and ready to manufacture the revamped editions of their trucks in 2018. The company, in an official statement, confirmed that they are planning to invest a sum of $877 million. The investment will be split between two different […]

PS4 Saves Sony from Going Bankrupt, Mobile Sales Decrease

Sony PS4

Sony has multiple divisions with a stronghold in the movies, smartphones and tablets, besides the gaming industry. In recent times, buyers’ interest in buying mobile phones has steadily decreased, which made it really difficult to sustain in the market. In their financial call, reports confirmed that Sony is not doing well in most of their […]

Facebook Earnings for Q2 – Expectations and What to Watch

Facebook earnings

Facebook will post and share their report for earnings in the second quarter, late Wednesday. The hopes for revenue and profit are high and it will be interesting to see whether Facebook has surpassed expectations. According to many experts and analysts, Facebook should report 47 cents share in profit which is more than the 42 […]

Microsoft Gives Nokia Lumia One Last Chance to Break Even

Microsoft Nokia Lumia

Microsoft Corporation acquired Nokia last year with hopes that the troubled former mobile phone industry giant would make a comeback, but since the acquisition, the Windows Phones have been incurring losses. Microsoft has indicated that it cannot keep up with the terrible liability. In order to stem further losses, Microsoft has lined up launches of […]

Coca Cola Reports Record Breaking Earnings, Increased Price Led to Better Revenue

Coca Cola

Coca Cola has officially submitted its quarterly earnings report and much to the surprise of analysts, the company has managed to break their expectations. According to the report which was submitted on Wednesday, Coca Cola confirmed that they procured 41 percent of the revenue from international markets. The net income for all shareholders has increased […]

Microsoft Quarterly Earnings Report Shows a Record Loss of $3.2 Billion

Microsoft

Microsoft announced the quarterly report for the fiscal fourth quarter, showing a record loss. The company’s report shows weakness in software, an area where Microsoft is usually strong. However, the report also shows strength in consumer-technology, areas in which the company is usually middling. Overall, the revenues for the quarter that ended on June 30 […]

401K Plans: When You Can Withdraw, When You Can’t

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Millions of Americans enjoy the benefits of a 401K account. Simply put a A 401k account is a tax-advantaged, employer-sponsored retirement saving tool. You get to contribute money on a pre-tax basis, essentially diverting it from your paycheck into your account. A Roth 401K works much like a Roth IRA, taking post-tax contributions, which eventually can be withdrawn […]