Archive for Business

More On Facebook And Its IPO

POSTED BY   /  16 May, 2012  

Facebook-logo As the day on which Facebook will have its Initial Public Offering is coming closer, more and more reports are coming from sources close to the IPO; the interesting thing is that all these reports are different and all bring..
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General Motors Pull Advertisements From Facebook

POSTED BY   /  16 May, 2012  

general-motors-logo General Motors Co revealed that it will no longer advertise on social network Facebook, even though latter company is going public this week. The source, as cited by a source close to the matter, said that the reason why GM..
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Nokia Looks To Improve International Market Footing

POSTED BY   /  15 May, 2012  

nokia-logo-big-black Nokia is looking to provide fast and reasonable internet experience through its new range of mobile phones. The phones, Nokia 110 and 112, offer access to social networks such as Twitter and Facebook but that is not it as the..
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Groupon Reports First Profit In History

POSTED BY   /  15 May, 2012  

groupon-logo Groupon reportedly posted profit for the first time in history as the company has reported to have gained in the first quarter of the year by increasing marketing spending, increasing awareness about itself that resulted in more signed customers and..
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Facebook Increases Initial Public Offering Range To $12.1 Billion

POSTED BY   /  15 May, 2012  

Facebook-logo The current week will be all about Facebook as the company’s IPO will take place on Friday. However, just few days before its IPO, the company has increased the price range of it, sending the price to $34 – $38..
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The Video Games Retailer GAME Files Bankruptcy In Australia.

POSTED BY   /  14 May, 2012  

concept of bankruptcy Two months ago, Game Group PLC in UK filed in for administration (equal to bankruptcy in U.S) because of no equity value in the Group. Following the filing for administration, its subsidiary in Australia has also now filed in for..
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It Is The Biggest Week Of Mark Zuckerberg’s Life

POSTED BY   /  14 May, 2012  

mark-zuckerberg-at-harvard This week is the biggest week of Mark Zuckerberg’s life and most of us are already aware of that. The week has started off with his birthday, which is today, turning him 28. Later on in the week, we will..
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Meebo May Be Purchased By Google For $100 Million

POSTED BY   /  13 May, 2012  

google-logo According to recent reports, it was revealed that Meebo might be purchased by Google for an amount of $100 million. Previously, Google attempted to make its mark in the social networking world by Google+ but it wasn’t able to convince..
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Intel’s CEO Confident About Success Of Chips In Apple’ Products

POSTED BY   /  13 May, 2012  

intel-logo Chief Executive Officer of Intel is confident about the success of Intel chips in Apple product, as the company highlighted its plan to follow up in the business of smartphone processors at its yearly investor day. Intel wants make sure..
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New York Times Sold Its Reaming Shares In Boston Red Sox

POSTED BY   /  12 May, 2012  

Red-Sox Well known media group, New York Times Co has sold its residual stake in the baseball team Boston Red Sox for approximately $63 million. The struggling company now aims to focus solely on its core operations. Furthermore, on Friday, a..
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