On Tuesday, Sheikh Ahmed bin Saeed Al Maktoum, the chairman and CEO of Emirates said that he is making an effort to expand routes for the airline which may also include more destinations in the U. S. routes in spite of the opposition coming from the American carriers which say that the airline is getting an undue advantage.
Dubai is well known for its luxury hotels and as a famous tourist destination. The Burj al Arab, the Jumeirah Beach Hotel and the Atlantis in the palm island all are perfectly built to provide luxury at its best.
General Electric Co.'s, GE Lighting division is collaborating with Qualcomm, the telecommunications firm to develop "smart" LED light fixtures over the last four years which now the companies are taking to the retailers for allowing a more personalized experience for their customers.
On Monday, GE and Qualcomm Atheros, which is a subsidiary of Qualcomm Inc., announced a collaboration through which the companies plan to add the innovative indoor positioning technology in stores of major retailers for better customer experience. The new technology will allow retailers to pinpoint the location of the shopper and permit the use of mobile apps to personalize their in-store experience.
In 2014, the European Commission regulators began an investigation against Ireland and have taken a look into the manner how the country decided taxes payable by Apple Sales International and Apple Operations Europe.
On Wednesday, Secret, the smartphone application which started just sixteen months back and allowed users to make comments anonymously to friends and close people, said it was going to shut down.
Secret, has gained popularity as, using it, people could express themselves namelessly, which sometimes generated controversies for hurtful or tactless comments.
Virtual reality (VR) tech firm Jaunt VR has revealed in a recent announcement that it is launching a new division – called ‘Jaunt Studios’ – which will specifically focus on creation of live-action VR experiences.
The troubled Comcast and Time Warner Cable deal came to an end when Comcast walked out of the deal last week. It had earlier proposed to take over TWC for $45.2 billion.
On Wednesday, Samsung Electronics Co Ltd posted its January-March profits which were the highest in the last three quarters. The main reason for its good performance is attributed to the sturdy demand of its Galaxy S6 flagship smartphones that has been newly launched in the market. The company said that it expects the second expects earnings to increase too.
Following a disappointing fourth quarter earnings report, the Container Store Group Inc's shares dropped. The storage and organization-products retailer based in Coppell, Texas also announced a weak estimate of earnings for the current financial year.
In the late trading the stocks of the company dropped about twenty five percent or $5.40 to $16.29.
On Tuesday, Teva, the biggest generic drug manufacturer in the world made a $40 billion offer to buy Mylan NV. The company was also quick enough to signal that it was prepared to sell several of its overlapping assets in order to win the approval of the regulators.
The long drawn feud over the re-election of Elaine Wynn, to the board of Wynn Resort Ltd, ended on Friday as ex-wife of co founder Steve Wynn failed to secure her position back as a member of the board.
Shareholders had to decide among re-electing co founder, Elaine Wynn or going with the company's proposal to re-elect two sitting board members share holders sought to go with the company's suggestions.
Concerned over the effects of aspartame on health, American consumers are shying away from some of their favorite diet sodas, Diet Pepsi and Diet Coke.
In response to the worries PepsiCo announced that, it is dropping the ingredient, aspartame, from its Diet Pepsi. The company will be replacing aspartame with a different artificial sweetener, sucralose, which is also commonly called Splenda.
McDonald's Corporations new CEO, Steve Easterbrook has a big task in hand as he is expected to bring a turnaround in the struggling food chains economics. On Wednesday, the CEO of the fast food restaurant chain said that his plans for the turnaround will be available in the coming month.
A London trader was arrested for being the one responsible for the Flash Crash of the Dow Jones in 2010. But, the arrest is shaking the confidence of the investors rather than boosting it.
On Tuesday, Yahoo Inc. reported its first quarter profits which dropped along with the quarterly revenue and failed to keep up with the analysts' expectations. The plunge is attributed to the lower prices for advert display and also the stock related compensation expense along with charges that were incurred for restructuring.
Last week, 389 fish were killed at a Texas aquarium. The officials say that a mislabeled container of anti-parasite drug which actually carried poisonous chemicals may have led to the mishap.
International Business Machines Corp. reported its earnings for the quarter on Monday. The technology giant reported lower profits than expected in the initial quarter after it faced another plunge in revenues. The reason for the fall this time is attributed to the strong US dollar.
Reportedly, the Wall Street bank, Morgan Stanley is in discussions with New York attorney general's office to pay approximately $500 million in order to reach a settlement for a probe that examines whether the firm misguided investors with mortgage bonds during the financial crisis.
On Friday, the Department of Transportation announced an emergency order that requires the crude oil and various flammable liquid hauling trains to slow down when they cross urban locations. The order also included several other precautions that are needed for increasing the security levels.
- Samsung signs deal with Amazon.in to sell Galaxy K Zoom handset in India
- GE unveils smart LED light bulb – ‘Link’
- Report: iPhone 6 likely to be launched one month earlier than expected
- Huawei officially unveils its new high-end Ascend P7 smartphone
- Samsung launches its ‘Galaxy K zoom’ camera specialized-smartphone