Activision Blizzard surprises Wall Street with better-than-expected profits, earnings

Game developer Activision Blizzard pulled off a surprise when it announced earnings that topped expectations from Wall Street analysts.


BEA: Residential and commerical real estate investments are in the uptrend, albeit very low

The Bureau of Economic Analysis (BEA) released its second quarter advance GDP report, fund inflows into office space segment (commercial construction) is on recovery path, but still showing pressure as it hovering about 33% lower than the recent peak level in terms of GDP percentage.

Original Content is King to Netflix's 'World Domination' Strategy

On-demand streaming media giant Netflix has a very simple long-term plan: world domination. If the California company has its way, it will happen by the end of 2016, and it will come by way of original content.

Batman saves the day for Warner Bros: Q2 game revenue 135% higher

Thanks to Batman: Arkham City and Mortal Kombat X as game revenues for Warner Bros. goes up by 135% in the year's second quarter. These two video games provided huge returns for Warner Bros. Interactive Entertainment.


Latest News

Facebook patented a social network system that could advance search results, identify spam messages and sort offensive topics. It could also distinguish if a potential borrower is capable of paying debts through the user's network connections.
A black Monday for Greece's stock market. Its benchmark Athens Stock Exchange Index ended the day 16% lower after it re-opened for the first time in five weeks.
Canada is now facing its worst dilemma - a mild contraction, according to Stephen Poloz, governor of the Bank of Canada.
The International Monetary Fund should put off any move to add the yuan to its Special Drawing Rights currency basket until September 2016, an IMF staff report said, a move that would effectively end the Chinese currency's chances of an early inclusion.
Twitter could be in the crosshairs of acquisition attempts from other technology companies should the microblogging stalwart fail to reverse the freefall its stock prices have caught in.
Ambitious as it may seem, New Yorkers are not impressed with Governor Andrew Cuomo's plan to redesign the city's battered and poorly-maintained La Guardia Airport.
Media reports on Sunday reveal Iran's plans to buy up to 300 units of Boeing and Airbus planes to replace its antiquated fleet by purchasing at least 90 planes annually. An official of Iran's civil aviation agency projected that Iran would need between 400 and 500 planes in the next ten years.
The continuous fall of peso currency is giving jitters to the Mexican economy. The second largest economy in Latin America is making all the possible efforts to prevent the arrest of its falling peso. It increased dollar auction level by almost four times to support the weakening peso.
Collapsing oil prices are prompting energy firms to lay off workers. Royal Dutch Shell and Centrica -- two of Britain's leading energy firms -- are cutting more than 12,000 jobs this year.
The chief executive of BMW hinted in a German paper that there was potential for another of its "i" electric car models.
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