Finance News

YouTube Launching Online Gamers Site and App

YouTube Launching Online Gamers Site and App

YouTube Gaming is to be a destination to find gaming videos, Internet personalities and live streams. YouTube wants to win over gamers. The video giant online announced its plans before the Electronic Entertainment Expo next week to launch a separate site and app specifically for video games fans. Alan Joyce […]

JD.Com Poaches Cloud Executive From Microsoft

JD.Com Poaches Cloud Executive From Microsoft

JD.com has poached Samuel Shen, a high-ranking cloud computing executive from Microsoft as the Chinese online retailer seeks to grow its cloud computing business. Shen has worked at Microsoft for over two decades and his last position was as a general manager for Microsoft’s enterprise and cloud business in China. […]

Profit at General Mills Cut in Half by Impairment Charge

Profit at General Mills Cut in Half by Impairment Charge

General Mills Inc, which makes Betty Crocker brownie and cake mixes and Cheerios cereal, said profit for the fourth quarter halved due to recording a charge of $260 million to write down its value of one of its canned and frozen vegetable businesses. An assessment of its brand Green Giant, […]

AT&T Misses on Revenue As Phones Kept Longer by Customers

AT&T Misses on Revenue As Phones Kept Longer by Customers

AT&T Inc.’s revenue for the quarter came up short of estimates on Wall Street because of lower sales of equipment as customers kept their handsets longer and other wireless carriers offered promotions for unlimited data plans, said the No. 2 wireless carrier in the U.S. on Tuesday. AT&T said it […]

Is the World Ready for Sexual Data Tracking Condoms?

Is the World Ready for Sexual Data Tracking Condoms?

Just when you might have started to think that technology could not possibly get more invasive, a British company, known as British Condoms, has developed a revolutionary sex aid called the i.Con. Yes, this is a “smart condom.” It is designed to protect you (and your partner, of course) from […]

AT&T To Offer Free HBO To More Of Its Subscribers As Competition Heats Up

AT&T To Offer Free HBO To More Of Its Subscribers As Competition Heats Up

AT&T has announced that it is offering a free subscription to HBO to more wireless customers. Beginning Friday AT&T customers who are subscribed to the midmarket Unlimited Choice plan will receive HBO at no extra cost. Earlier in the year the telecommunications giant started giving a free HBO subscription to […]

American Eagle Sees Growth in Comparable Store Sales

American Eagle Sees Growth in Comparable Store Sales

American Eagle Outfitters the retailer for teen apparel reported its best growth in comparable sales in the past 13 quarters helped by a broader range of merchandise and less discounts. American Eagle, unlike its rivals Abercrombie & Fitch and Aeropostale has managed to win shoppers back by improving merchandise to […]

Barnes & Noble Expands Offerings Under New Plan (NYSE:BKS)

Barnes & Noble Expands Offerings Under New Plan (NYSE:BKS)

Barnes & Noble is expanding its offerings of toys, games, gadgets and other gifts under a plan to reshape the nation’s largest bookstore chain into a “lifestyle brand.” The company is also making an effort to make its thousands of books more enticing and searchable. The company also reports that […]