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One Third of World Population is Active on Facebook

One Third of World Population is Active on Facebook

Recent statistics from Facebook (NASDAQ:FB)  show that the social media company now boasts over 2.2 billion monthly active users when all of its services are combined. Based on current world population of 7 billion, this figure represents almost one third of the world’s population. While the social media platform has only 1.3 billion users, the recently acquired WhatsApp, photo sharing app ... Read More »

Apple Acquired BookLamp to Compete Against Amazon

Apple Acquired BookLamp

Apple (NASDAQ:AAPL) has acquired Idaho based book suggestions company BookLamp in order to boost its own capability in the book market. Apple told TechCrunch that it “buys buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans.” However, industry analysts are speculating that Apple will probably utilize the technology developed by BookLamp ... Read More »

Zillow is Planning to Acquire Trulia to Reach Larger Audience

Zillow Acquires Trulia for $3.5 Billion in Stock

Zillow Inc (NASDAQ:Z)  is reportedly planning to acquire its rival Trulia Inc (NYSE:TRLA)  for around $5.3 billion. Over the last nine years, Zillow has been closely competing against Trulia. Trulia is one of the most popular real estate search engine companies. In a press release on July 28, Zillow announced that “it has entered into a definitive agreement to acquire ... Read More »

Amazon.com, Inc. (AMZN) To Invest Another $2 Billion In India To Support Phenomenal Growth

Amazon AMZN To Invest Another $2 Billion In India

Amazon.com, Inc. (NASDAQ:AMZN) disappointed investors with its second-quarter results last week. Q2 losses were greater than expected, and the company warned of even steeper losses in the current quarter. However, CEO Jeff Bezos remains committed to aggressively investing in growth opportunities. Amazon.com, Inc. (NASDAQ:AMZN) announced Wednesday that it will invest another $2 billion in India to strengthen its presence. The ... Read More »

NetFlix Still Managed to Enlarged Subscriber Base Amid Increase in Price

NetFlix Still Managed to Enlarged Subscriber

The online video streaming service provider NetFlix Inc (NASDAQ:NFLX) announced last Monday that its second quarter profit increased regardless of a major price hike last quarter. Since the first quarter of 2014, NetFlix’s quarterly revenue has increased by 5.54 percent to $1.34 billion. NetFlix recently increased its monthly subscription price hike to $8.99 amid increased costs of paying broadband providers ... Read More »

How a 24-Year Old Tampa Man Defrauded Apple Inc. (AAPL) out Of $309,768

24-Year Old Tampa Man Defrauded Apple Inc

Apple Inc. (NASDAQ:AAPL) is considered one of the world’s most innovative technology companies, but you’ll be surprised to know that even a company like Apple Inc. (NASDAQ:AAPL) can be scammed using simple, low-key tricks. And the company was defrauded not once, but 42 times since December 2012 by the same man. Sharron Laverne Parrish Jr., a 24-year old resident of ... Read More »

No More Electric Cars from Toyota

No More Electric Cars from Toyota

Toyota Motor Corp (NYSE:TM) announced that it will discontinue the production of electric cars by December 2014. The move came amid Toyota’s continued focus on developing Fuel Cell Vehicles (FCV), which is a type of car that use fuel cells to power its on board electric motor. FCV technologies mainly use hydrogen fuel cells along with oxygen collected from the ... Read More »

Amazon.com, Inc. (AMZN) Stock Tumbles 10% As Q2 Loss Widens

Amazon AMZN Stock Q2 Loss

Amazon.com, Inc. (NASDAQ:AMZN) shares tumbled 10.62% in after-hours trading Thursday after the company reported worse-than-expected second quarter earnings. The online retail giant continues to lose money as it invests heavily in new businesses such as consumer electronics and digital content. The Seattle-based online retailer said its second quarter revenue rose 23% to $19.34 billion, in line with the Wall Street ... Read More »

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