North America

General Motors second quarter profit exceeds analyst estimates

U.S. automaker General Motors kept up profit gain with aggressive cost-cutting strategy. General Motors Co reported on Thursday that its second quarter revenue reached US$39.


Facebook surpasses expectations, gains big

Facebook traded above USD 30 on Thursday for the first time in five months. For the first time in five months, Marc Zuckerberg's brainchild, Facebook Inc.

Kinderhook’s portfolio company CRA merges with CCD

Kinderhook Industries announced its acquisition of Comprehensive Clinical Development but no financial details were disclosed.

Google's two-pronged strategy: Chromecast and Google TV

It seemed that Google has a two-pronged strategy in mind involving the Chromecast and Google TV. Through the release of Chromecast, it seemed that Google may have finally found a "surefire way to get the Internet on your TV".


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Hundreds of millions of dollars were stolen from Nasdaq and other companies by computer hackers based in Russia and Ukraine.
Ulmer & Berne LLP has hired Patrick G. King as partner. Ulmer & Berne LLP has hired Patrick G. King, as a partner who will be based in the Chicago office.
Analysts predict that the most logical move for investors at the moment would be to sell their shares in Microsoft and buy Apple instead.
It seemed that Chromecast will play a big role in placing YouTube videos in front of consumers via the TV.
Investors were flocking to several states to buy a house at a lower price albeit in cold cash. What do Nevada, Florida, Vermont, and New York have in common? It's the fact that more than half of house sales in these states involved all-cash transactions.
Google wanted a piece of the pie from ads and Chromecast could be the way to do so. Chromecast, a US$35 device for streaming video and other digital content from a mobile device, could be the bait to get the big fish Google has long sought.
Juniper Networks' CEO and former Microsoft executive Kevin Johnson announced his retirement. Juniper Networks Inc. announced today that its chief executive officer, Kevin Johnson, will retire from his post after a new replacement is named.
Coca-Cola Enterprises Inc. posted an 11% drop in profits for the second-quarter. Grappling with decreases in revenue and volume, Coca-Cola Enterprises Inc.
An adult content app developer argued that there are no rules regarding users uploading adult content using the Google Glass.
Mobile advertisements amounted 41% of the company's total ad earnings. Yesterday's results ended concerns regarding Facebook's inability to adapt with users' usage of mobile devices rather than personal computers.