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Nintendo Delays Launch of Smartphone Games – Stock Price Plummets
Have you been waiting for the much-loved Nintendo games to hit your mobile phone? Sorry to inform you but today Nintendo have announced that they have pushed back the much-anticipated launch of game service for smartphones to March 2016. Japan’s Wall Streets Journal Reporter Mayumi Negishi blogged on this…
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Even Yahoo Turns to Google as Revenue Falls
AMD, IBM and now Yahoo. It seems we currently live in an age where large organisations rather thrive or sink, and sink fast at that, hitting the ground as they fall. According to Sky News, the company has announced a deal with rival Google in a surprising turn to work…
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IBM Sinking at a Staggering Rate as Customers Transition to the Cloud
IBM are losing shares rapidly as customers transition to cloud computing, it seems the only escape may be a process called “Mergers and Acquisitions” FBR Capital Markets Daniel Ives said the following: “It really comes down to M&A. If they went big on big data, cyber security, cloud that’s the…
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AMD Reports 2015 Third Quarter Results
We recently brought you some amazing news regarding Fujitsu buying 85% of AMD’s shares. This not only means that AMD has money again, but the company’s shares are now less fragmented; is it too little too late as AMD reports 2015 Third Quarter financial Results? The future still looks bleak…
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Microsoft’s AMD Buyout Unlikely as Stock Drops 7%
Shares in chip maker AMD have dropped by 15 cents (7%) to $1.86, marking a huge decline following its 9% gain in the wake of rumours of a buyout by Microsoft. The sudden fall in stock prices in conjunction with the buyout rumours makes any potential purchase by Microsoft unlikely,…
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Apple Has $202 Billion in Cash – Shares Dip 10%
Apple has earned $202 billion in cash alone – more than any other company – but the tech giant has taken a huge hit on Wall Street. Despite crossing the $200 billion in cash mark for the first time, shares in Apple dipped by as much as 10% this week…
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Intel Agrees $16.7 Billion Purchase of Altera Corp
Chip giant Intel has agreed a deal to buy PLD (programmable logic device) manufacturer Altera for $16.7 billion, consolidating the company’s presence in data centres. Intel will pay $54 a share, all-cash, for Altera at a premium of 11% over its closing share price on Friday. The Intel/Altera merger comes…
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Microsoft Stop Talks to buy Salesforce
Anyone keeping an eagle eye on the stock exchange in recent weeks would have noticed a spike in the share prices of Salesforce.com. This stemmed from reports from Bloomberg that an unspecified company was in talks to buy the company. Earlier this month a similar event happened, but this was…
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Fox Scraps Time Warner Purchase Plans
We all know of 20th Century Fox right? The famous intro with the spotlights and big 3D text, you know the one. Anyway, Fox recently wanted to purchase Time Warner but it seems now they have changed there mind and damaged Time Warner in the process. The decision to back…
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Facebook Will Buy WhatsApp For $16 Billion In Cash and Shares
Recent news point to Facebook engaging into an agreement to purchase the popular mobile messaging app, WhatsApp, for $16 billion in cash and stocks. The Verge states that a SEC document filed recently confirms the purchase agreement. The same plan of action was filed with the pruchase of Instagram as…
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Facebook and Zuckerberg To Sell 70 Million More Shares
On Monday Facebook will officially be a member of the Standard & Poor’s 500-stick index. Facebook and Zuckerberg will be offering 70 millions share to the public to commemorate this momentous occasion. With the 70 million shares up for grabs, based on their current stock price of $55.50 per share,…
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Android Jelly Bean To Go Past 50% Share
In recent Android news, it seems like the Android 4.x Jelly Bean takes up half of the android share with over 50% of devices running on the Operating System on devices such as smartphones, tablets, phablets, etc. As shown above, the 4.3 Jelly Bean is marked at 2.3% while growing…
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