Strategy Analytic reported that Samsung already took Apple's place as the world's most profitable smartphone firm.

Analysts stated that Facebook could earn three times more than its reported second quarter income by allowing users to pay for an ad-free experience.

Spanish unemployment rate drops 0.9% for second quarter and signals beginning of recession recovery.

Consumer economic sentiment in the U.S. climbed to its highest number six years despite cross-currents among higher-income and lower-income households.

Microsoft was advised by analysts to focus on its crucial product and stop steering at different directions.

Analysts noted that Verizon, AT&T and Sprint would all have a room for growth if they would make strategies that would benefit the services they offer for their customers.

YouTube generates around US$4 billion to US$5.6 billion of Google's total earnings. Google's YouTube was put into the background after the tech titan's new Nexus 7, Chromecast and Google Glass innovation.

Analysts said that Microsoft would not win against the currently fast growing chipmaker Qualcomm. Microsoft's struggles do not stop with its problems in the software industry because it also faces a tough rival in the hardware sector.

Analysts stated that the tablet industry took over the PC industry's shine and if Microsoft wanted to get back, it needs to focus on a mobile-computer enterprise.

Analysts said that Google would continue to increase its global market shares as Apple losses its shares due to the lack of immediate product launch.