Technology Sector

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Xiaomi First Half Sales Figure at 34.7 Million Smartphones is less than Half of Its Full Year Sales Forecast

Xiaomi First Half Sales Figure at 34.7 Million Smartphones is less than Half of

On Thursday, Xiaomi Corp. the smartphone maker from China announced that it has sold 34.7 million units in the initial half of the current year. That's less than half of what the company had estimated as its target for the entire year.

Microsoft’s Monday Announcements; Agreement with AOL to Move Display Ads, Sells Bing Mapping Assets to Uber, Extends Partnership with AppNexus

Microsoft’s Monday Announcements; Agreement with AOL to Move Display Ads, Sells

There is a lot happening at Microsoft.

On Monday, an announcement revealed that a ten year agreement between Microsoft and AOL which begins from 2016, will allow AOL to take over a big chunk of display advertisement sales by Microsoft. It includes several sites as well as services which comprise of big names like Skype, MSN, Outlook.com and Xbox.

Intel and Altera Deal Weighing on TSMC Shares

Intel and Altera Deal Weighing on TSMC Shares

Intel Corp's acquisition deal for Altera may not prove to be good news for everyone and TSMC or Taiwan Semiconductor Manufacturing Co. is one of them. The company's shares dropped on Tuesday morning as the Intel and Altera deal led to concerns of Altera Corp shifting its orders from TSMC to Intel.

Starbucks to Partner with Stopify for Music Streaming Services

Starbucks to Partner with Stopify for Music Streaming Services

Starbucks ended its tradition of selling CDs in March but now the coffee chain is moving into the trend of music streaming and has confirmed a partnership with the music streaming leader Spotify.

NXP Semiconductors to buy Smaller Peer Freescale Semiconductor

NXP Semiconductors to buy Smaller Peer Freescale Semiconductor

On Sunday, in an announced NXP Semiconductors NV, agreed to acquire its smaller peer Freescale Semiconductor Ltd.

The deal between the two will make it the leader in that particular sector of industry. The business of the merged companies will lead the market of auto and industrial semiconductors.

Ford to Upgrade 500 Workers to a Higher Pay Bracket

Ford to Upgrade 500 Workers to a Higher Pay Bracket

As Ford Motor Co. surpassed the limit of the maximum workers it can hire at a low wage, the company will be moving a few hundred of its hourly workers in the U. S. to a higher pay slab.

CEO Heading Samsung’s TV Business May be Asked to Oversee Its Mobile Business

CEO Heading Samsung’s TV Business May be Asked to Oversee Its Mobile Business

A news report says that, Samsung Electronics may consider an overhaul of its management which could lead to the company's TVs and home appliances head of to oversee the company's mobile business, which is not doing so well. The reshuffling in its management could begin as soon as December.

Amazon Fire TV Stick will offer stiff competition to Neflix and Hulu Plus

Amazon Fire TV Stick will offer stiff competition to Neflix and Hulu Plus

Amazon's Fire TV Stick is a new streaming device - just like the Google Chromecast or the Roku Streaming Stick - which plugs into an HDMI port, and is powered by microUSB. Though the Fire TV Stick is essentially a smaller version of Amazon's Fire TV full-fledged streaming device, it is well worth its $40 sticker price.

Lowe’s to Introduce Robots in Store for Customer Service

Lowe’s to Introduce Robots in Store for Customer Service

Soon you may not find the hardware man to help you in stores anymore! On Tuesday, one of the largest U. S hardware retailer and DIY stores, Lowe's, said that it is going to introduce its first robot clerk in-stores.

Amazon Should Take Careful Steps after the Fire Phone Flop

Amazon Should Take Careful Steps after the Fire Phone Flop

On Thursday, Amazon the Seattle based company reported a third-quarter loss along with a disappointing forecast figure for the holiday season sale. From the starting of the year the company has lost twenty eight percent of its value.

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