Microsoft Corp. has posted $17.4 billion fourth-quarter revenues and $6.2 billion profits that ended in June. This performance, which beats analyst expectations, was driven by strong sales of its Xbox console and Office software. Microsoft follows IBM, Google and Apple in posting good results as spending on technology seems to be holding up well in […]
A study of identical twins at Stamford University and University of California- San Francisco (UCSF) showed the possibility of autism to be caused by environmental factors. This finding is likely to swing in the emphasis of research into developmental disorder. These factors, which include conditions in the womb, could be at least as significant as […]
Badu Inc. and Microsoft came up with a decision to combine their forces as they seek to gain Google users. This partnership happened after Google pulled its famous search engine out of China a year and a half ago over concerns on censorship. The agreement will allow users of Baidu to view English search results […]
German and French Leaders have forgotten their turmoil for each other as they try to handle the Crisis situation in Greece. Both Chancellor Angela Merkel and President Nicolas Sarkozy called an emergency meeting for an agreement amongst EU Members to create a package that would salvage the Greek crisis. All markets could not make sure […]
Every player on the champion Dallas Mavericks’ roster had their share of laughs, songs and some tears. Dirk Nowitzki could finally bask in the championship atmosphere with his beloved fans that have supported him and his team through thick and thin. Around a hundred thousand people packed the streets of Dallas for the championship parade […]
A dispute between Yahoo Inc. and Alibaba Group over the transfer of the latter’s Alipay, its online payment system, to CEO Jack Ma has been resolved. A source said that before the meeting of Yahoo analysts last Wednesday, the two powerful companies have come up with an agreement. There wasn’t any immediate clarity to the […]
In an attempt to meet the increasing consumer demands for small hotels, Travelodge rolls out its plan to build hotels in Metro styles in prestigious office blocks and locations in UK. The proposed properties will have 20 to 40 rooms. This move will enable Travelodge to establish small hotels in sought-after and highly priced areas […]
U.S. stocks rose, cutting down the largest monthly decline for the Standard and Poor’s 500 Index since August 2010, amidst suspicion on additional assistance for Greece. Despite weaker anticipations on regional manufacturing, consumer confidence and home prices, 30 components of the Dow Jones Industrial Average and all S&P 500 sectors posted positive figures. Health care […]
Miami Heat made a big play at a game on Saturday with the Philadelphia 76ers that would bring the former into an outstanding edge at Sunday’s Game 4. Heat’s Dwyane Wade earned 32 points and 10 rebounds with LeBron James being able to finish with 15 boards and 24 points. The victory gave the Heat […]
This week, Asian currencies posted better performance amid speculation that borrowing costs will be continuously increased by central banks for each region in order to control inflation. The Singaporean dollar posted a record while a 13-year high was attained by the ringgit of Malaysia. The highest level for the Bloomberg-JP Morgan Asia Dollar index was […]