Business

Thumbnail image for Microsoft Corporation Fined $140M For Evading Taxes In China

Microsoft Corporation (NASDAQ:MSFT) will have to pay $140 million in back taxes to China concerning its first significant case of cross-border tax evasion in the country, says a report from Reuters. Chinese regulators are increasing pressure on the U.S. corporations doing business in the country. Is it Microsoft? A report in the China’s Xinhua official...

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Business

Thumbnail image for Samsung Electronics Co., Ltd. (BC94) Announces Its 2nd Biggest Share Buyback Ever

Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930) stated that it will buyback $2 billion of its share, which is its first since 2007 and second largest buyback ever. The move follows constant call from investor for higher returns in the face declining profits. Create value for investors In its regulatory filing, the Korean company has stated...

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Thumbnail image for Twitter Inc (TWTR) Acquiring ‘Shots’ to Rival Facebook Inc (FB) In Youth Category

Twitter Inc (NYSE:TWTR) wants to buy another startup to tap into the opportunity presented by young social network users. According to Business Insider, Twitter is in talks to add Shots, an app that supports selfie photo sharing, to its ranks. Rumors about plans to buy Shots appear to be reinforced by a recent accidental tweet...

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Technology

Thumbnail image for Verizon Communications Inc. (NYSE:VZ) Rolls Out OS Update For 2014 Moto X

Verizon Communications Inc. (NYSE:VZ) is breaking away from the tradition, or so it seems. The company has moved unusually fast to bring operating system update for the next-gen Moto X. The update is now available for download and installation. The so-called Android 5.0 (Lollipop) offers more than users have known with the earlier versions, according...

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Technology

Thumbnail image for Apple Inc. (NASDAQ:AAPL) Deals For Black Friday

Apple Inc. (NASDAQ:AAPL) has announced various Black Friday deals for shoppers at its stores, according to a Business Insider report. However, the deals are apparently less generous compared to what third-party retailers are offering. The company is offering gift cards on certain product purchases. Apple’s gifts for the Black Friday appear to fit the desire...

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Technology

Thumbnail image for Pre-Order BlackBerry Ltd (BBRY) Classic At Best Buy Canada on Virgin Mobile

BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) Classic would now be available to the Canadian customers of Virgin mobile as well after Rogers agreed to carry the device on its network. On the cell phone splash page of Best Buy Canada we can see an offer for a free holiday phone and it has two smartphone devices displayed...

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