Facebook scored an initial legal victory in its IPO case following a federal judge's dismissal of a group of investor lawsuits filed against the company. More than 30 lawsuits were filed against Facebook after it went public last May, ...
Tags: Facebook, IPO case, company news
Nestle has dismissed suggestions its days of "easy gains" in emerging markets are over as the group recorded what one analyst described as "sustained weakness" in Asia, Oceania and Africa. The Swiss food giant this morning (14 February) ...
Tags: Nestle, emerging markets, food giant
Global snacks giant Mondelez International has affirmed confidence in its ability to increase sales by at least 5% on an organic basis in 2012 amid concerns on Wall Street. Better management of input costs and higher sales in emerging ...
Tags: snacks giant, Mondelez International, sales
Epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA says that, due to its ongoing revenue recognition accounting review announced on 15 November, it is currently unable to report revenue and earnings ...
Google is hanging onto its dominant share of the search market, while its competitors inch up and down. Google edged a bit further ahead in January, going from 66.7% of the search market in December to 67%, industry tracker comScore said. ...
Tags: Google, search market, company news
Yahoo is bidding to strengthen its presence in the increasingly important mobile space with the acquisition of Alike, a location discovery app. The move comes as Yahoo faces rising pressure to stay relevant and offer mobile products for ...
Tags: Yahoo, mobile space, Alike, acquisition
Apple today dropped prices of its Retina-equipped 13-in. MacBook Pro by as much as $300, and lowered the price of its top-end MacBook Air by $100. Some models of the company's laptop line also received processor speed increases, with the ...
Tags: Apple, MacBook Pro, MacBook Air
Yahoo CEO Marissa Mayer thinks there are problems with checking email on a smartphone, but her company is working on a solution. "Mail isn't done. There are a lot of things about it that can be improved," she said Tuesday during Goldman ...
Tags: Yahoo, email, smartphone
Citi Trends, Inc. reported unaudited sales results for the fourth quarter and fiscal year ended February 2, 2013. The Company’s 2012 fiscal year contained 53 weeks compared with the traditional 52 weeks in fiscal 2011. Accordingly, ...
Tags: Citi Trends, sales results, fourth quarter
Less than a year ago, Facebook acknowledged that it had to improve its ability to generate revenue from its mobile users or face a tough future. Today, executives are calling Facebook "a mobile company." Are those claims true? Did ...
Yahoo CEO Marissa Mayer says the company plans on a big comeback in the Internet search business, which means directly taking on industry giant Google. Yahoo CEO Marissa Mayer at the World Economic Forum in Davos, Switzerland last ...
Tags: Yahoo, Internet search, Google
VMware said Monday it will cut 900 jobs in a move to focus more on high potential businesses, as profits remained strong but growth slowed. The company said the job cuts, revealed as part of its earnings release for last year, will come ...
Tags: VMware, high potential businesses, job cut
Revenue at Microsoft's Windows division was up 11% in the fourth quarter of 2012, bucking the long-running trend where the company's OS sales have mirrored PC sales. But the unexpected results, which made Windows the company's top ...
VMware said Monday it will cut 900 jobs in a move to focus more on high potential businesses, as profits remained strong but growth slowed. The company said the job cuts, revealed as part of its earnings release for last year, will come ...
Tags: VMware, high potential businesses, jobs
Apple TV was until now considered a "hobby," by Apple's own admission, but the product has taken on more importance for CEO Tim Cook. Shipments for the Apple TV video-streaming box totaled 2 million units during the first quarter of 2013, ...