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Apple Inc. (NASDAQ: AAPL) and Samsung electronics Co Ltd. (KRX: 005930) are, right now, battling over the future of the smart phone market. The grapple of iPhone 6 vs Galaxy S6 Edge may be the final real battle between the Cupertino, California Company and its Seoul, South Korea based rival. Here’s a look at the…
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Microsoft Corporation (NASDAQ: MSFT) may not be as far out of the home console race as previously thought. A new chart showing shipments of the company’s consoles shows that the company’s Xbox One may be catching up to the PS4 from Sony Corp. (NYSE: SNE). In a console war that Nintendo has allowed to come…
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Verizon Communications Inc. (NYSE:VZ) has reported that it would be switching its services to software defined network (SDN) architecture, by working in partnership with five key vendors so that it can deploy these services by next year. To begin with, the company would be focusing on migrating its legacy elements and functions to software-based platforms…
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Apple Inc. (NASDAQ: AAPL) CEO Tim Cook told the world on Monday, April 27 that the gross margins for the Apple Watch were likely to drag the margins of the whole company down. According to the executive the margins on the Watch would come in lower than the 40.8% gross margin the Cupertino, California company…
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Tesla Motors Inc (NASDAQ: TSLA) CEO Elon Musk doesn’t shy away from grandiose statements about the future and his impact on it. The executive was no different on Thursday when he announced what he described as a fundamental “change [in] the way the world uses energy on an extreme scale.” The Tesla Motors Powerwall isn’t…
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Pfizer Inc. (NYSE:PFE) is expected to be secretly bidding for Swedish Orphan Biovitrum AB(STO:SOBI), a Sweden-based pharmaceutical company, engaged in developing hemophilia, autoimmune diseases, metabolic diseases and cancer supportive care, as per a Thomson Reuters report. Earlier this week, Swedish Orphan Biovitrum has disclosed that it has received a preliminary and conditional non-binding proposal from a…
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LinkedIn Corp (NYSE: LNKD) is facing major headwinds, seen by the professional networking site opting to slash its second quarter and full year guidance. The company has already faced the wrath of the Street after guiding the second-quarter to margins analysts did not expect. A stronger dollar and weaknesses in the traditional advertising business are…
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Foxconn Technology (OTCMKTS:FXCOF) is raising the stakes in the Chinese smartphone as it brings refurbished iPhones come to market in a fashion that could spoil the party for Android phones. Foxconn is offering second-hand official iPhones through its e-commerce marketplace at lucrative rates, which look geared at ruining the chances of Android smartphones in the…
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Salesforce.com, Inc. (NYSE:CRM) buyout rumors are making rounds and several companies have been cited as potential buyers. However, Salesforce’s market value of nearly $44 billion means that only a few technology companies can successfully bid for it. Salesforce has reportedly tapped advisers to explore its sale. Acquisition of Salesforce could help a number of companies…
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The cost of borrowing is cheap in the bond market and companies are taking advantage of the low rates to raise money and make their shareholders happy. Oracle Corporation (NYSE:ORCL) and Amgen, Inc. (NASDAQ:AMGN) are the latest to turn to the bonds market to take advantage of the cheap borrowing to raise funds to return…
