Microsoft announced recently a 1 billion US dollars donation for education. The giant American corporation will help schools buy new Windows PC's and improve the use of technology among students. The announcement and the donation somehow completes the ConnectED program revealed last year by the White House. The ... read entire article »
The Rovio fort is slowly coming down as trends change and people move on to other games. The Finnish company announced, on Monday, that its profit fell more than 50 percent as gaming revenue dropped from 2012 to 2013. Its most famous game, Angry Birds, was the ... read entire article »
LG and Samsung, the two Korean arch-rivals have been engaged in a battle for years. Although most of them are won by Samsung, LG found a domain where it kick Samsung where it hurts the most. Although Samsung's income and profits are far larger than LG's, the ... read entire article »
An agreement was signed today between Slovakia and Ukraine to deliver natural gas to Ukraine which faces the threat of a cut-off in supplies it currently receives from Russia, due to massive debt. The actual delivering process might be some months away from ... read entire article »
The incidents regarding African immigrants in Spanish exclaves Melilla and Ceuta made officials concerned about border safety. The Spanish government recently agreed to redirect 2.1 million euros to improve security. These two small Spanish exclaves hold the only ... read entire article »
Russia’s reunification with the Ukrainian region of Crimea has been celebrated this week with the print of a new coin. A Russian manufacturer printed the coin which has Putin’s face on one side and the map of Crimea on the other. But how celebrated thi ... read entire article »
The largest diamond in the world is the masterpiece of an auction set about two weeks from now in Generava. The 13.22 carats gem is expected to sell for 21 to 25 million US dollars. It was described by the famous auction house Christie's as “the largest fancy ... read entire article »
The biggest bank in Norway and one of the biggest financial institutes in the Northern countries announced it will retire from the Russian Market. The move was not associated with the crisis in Ukraine and Russian's involvement. DN Bank officials said this i ... read entire article »
General Motors reported a $1.3 billion drop in profits as it had to cover the costs of recalling a huge number of cars due to faulty ignition switches. Dozens of accidents have been linked to the defective ignition switches that caused the engine to turn off and ... read entire article »
Tokyo consumer prices rise at a speed not experienced for 22 years, increasing by 2.7% in April, as compared to the same period of last year. The usual pace of price increase was set at 1% per year. Now, after Japan increased its sales tax from 5% to 8% on April ... read entire article »
Microsoft is doing better than analysts predicted as it reported a net profit of $5.56 billion in the first quarter of 2014. Although the figures show a decline when compared to the company’s figures from the same period of 2013, it’s still better than market ... read entire article »
After a long period of stagnation, Dutch beer making company Heineken declared that it has finally registered growth in its most important market, the Western one. Organic sales, which leave out effects of currencies and acquisitions, grew by 3.4%. But it ... read entire article »
In an attempt to boost its slow economy, China announced, late on Wednesday, that it will open 80 projects in eight state-run industries to private and foreign investors. The decision came after the ruling Communist Party vowed to implement more policy change ... read entire article »
Although analysts expected Facebook to experience a fall in revenue due to recent chances in their user interface, the company is doing better than ever, reporting a $2.5 billion revenue only in the last three months. The social network now has almost half of the ... read entire article »
Eurostat statistics agency reported that the eurozone is finally starting to recover and maintain control over its financial situation, although the region’s total debt levels are still at a dangerously high level. The last figures reveal that the average ... read entire article »
The US middle-class is no longer the richest social class in the world as the Canadians have taken over at the top of the wealthiest median families list. After reaching an after-tax-income of $75,000 for a family of four in 2010, at that point equal to the ... read entire article »
Annually, millions of dollars worth of Chinese antiquities, jades, porcelain vases, paintings, depart China at an estimated value that is lower than their actual price. The objects are then being resold in the US for at least twice their value as much as the ... read entire article »
Jeff Bezoz, founder and CEO of Amazon, is $200 million short of becoming the man that lost more money than anyone else on earth, in 2014. So far, only this year, Bezos is $6.3 billion short, second only to Mexican investor, Carlos Slim, who suffered a $6.5 ... read entire article »
April 25 is the date when Nokia’s handset business is to be officially owned by Microsoft. Nokia and Microsoft agreed, in September, to close a 5.4 billion euro ($7.5 billion) deal but some setbacks were encountered as the waiting period was prolonged due to ... read entire article »
Kevin Spacey’s political drama, House of Cards, brought Netflix into a suitable position to raise its prices. Although nor the amount of the increase, nor the time it would come into effect have been made public, yet, Netflix announced on Monday its plan to ... read entire article »
