The five-years patent lawsuit battle between Microsoft and Google had finally come to an end after both companies agreed to drop the lawsuit for an undisclosed amount. The announcement was made by in a joint statement from the two companies.
Tags: Amazon
Amazon filed a lawsuit against 1,114 fake product reviewers in Fiverr
Amazon is filing a lawsuit over 1,114 fake reviewers of Amazon products identified under the website Fiverr, a website for hiring freelance writers.
Wal-Mart shares tumble as profit forecast to drop
Wal-Mart's stock tumbled on the Wall Street following the forecast of earnings drop in the range of 6-12 percent hammered down the market sentiment. Wal-Mart shares fell 10.04 percent or $6.70 to $60.03 indicating biggest fall in a day during the past three decades. The stock was already trading 22 percent lower before the latest drop. Gearing up to compete with Amazon, Wal-Mart Stores Inc hiked investment in internet technology and raised wages. The earnings are expected to be flat for the current fiscal year and one or two percent lower than the previous forecast. The third quarter results from Wal-Mart are scheduled on 17 November.
Netflix blames 'involuntary churns' for dive in profits
Netflix reported a lower than expected performance today after the company reported a total revenue of $1.74 billion for its third quarter performance. The revenue contributes to earnings of $0.07 per share, which is lower than analyst expectation of $0.08 per share.
$10,000 fine for drones near air show during Fleet Week
The San Francisco Police Department and the Federal Aviation Administration will be working hand in hand to ban drones while imposing a $10,000 fine for offenders during the 2015 Fleet Week which is set to happen this weekend.
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This week, Amazon has given a series commitment to the TV adaptation of Jack Ryan. The new show will be based from Tom Clancy’s novels with a modern approach to the titular character’s CIA analyst. It will be produced by Carlton Cuse, Ronald Graham, Platinum Dunes’ from Michael Bay, Skydance Media and Paramount TV.
Amazon has discontinued its sales to Apple TV and Google Chromecast. The online retailer has stated that this move is to avoid customer confusion and bolster its own video service.
Amazon just unveiled their latest gadget, the Amazon Fire HD 10. It is the widest tablet offered by Jeff Bezos's company and it comes with a price tag far cheaper than any other high-end tablet by another manufacturer at $229.
Microsoft is releasing its new laptop and it consists of luxurious specs and features. Its price is also reported and some of online stores are already pre-ordering the new Microsoft product.
Lenovo fans are very excited with the upcoming release of its Vibe P1 smartphone and most of them are eagerly awaiting to pre-order this latest device.
The rebirth of the Google Glass seem to come in reality any time soon. Google initially started the Project Aura, with the help of three previous Amazon engineers.
Amazon is venturing on meal delivery partnering with restaurants near Seattle, and is currently hiring jobs for the Seattle headquarter and in New York. Amazon Inc. is currently hiring staff for its newest division; the Amazon Restaurants. The department is opening 15 job vacancies in Seattle and New York. Six separate postings are from Amazon Restaurant and Travel.
Apple Inc is reportedly moving into the original programming business to compete with Netflix and other video streaming companies.
Apple ventures out on original content production; Tech giant to follow Netflix, Amazon's footsteps?
The technology giant, Apple is exploring a brand-new business in original programming, like that of Netflix and Amazon. Tech giant follows Netflix and Amazon's suit.
