August 11, 2009 | mauthor | Business, all | No Comments
Today, Facebook bought Friendfeed for $50 million. The reason behind facebook buying friendfeed is, facebook wants to confound google, as google cannot index facebook pages properly. They want to make facebook the largest web space. Frienfeed has 12 members in their team, in that 3 are ex goog
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August 10, 2009 | mauthor | Business, all | No Comments
General Motors after its bankruptcy, planned to sell car through ebay.com, GM aims to introduce a new platform for the buyers. On Aug 10 Tuesday, GM will launch a pilot program with EBay to sell the cars. Through this program buyers can place a bid for GM cars from GM dealers. And it has lot
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August 7, 2009 | mauthor | Business, all | No Comments
Apple might release a mini computer in the early 2010, which looks like a Ipod touch but slightly bigger than IPod touch. The Apple mini computer or tablet will be priced between $500 to $700. This is in competition to the other Netbooks or mini laptops manufactured by Dell, Acer, Toshiba and
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Starbucks has reported a 77% fall in quarterly profits. It reported a net profit of $25m. Since July it has shut 507 stores in the US and 64 shops in other countries. It plans to add a net of 20 new stores to its global store base. Its shares rose 2 cents to $13.71 in after-hours trading. During
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Congress approved a $3.4 trillion budget for fiscal year 2010. Most of President Obama's key spending priorities and setting the federal government in a new direction with major increases for energy, education and health care programs. were approved. The plan also fails to approve a renewal of Oba
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General Motors told it will force 1,000 to 1,200 underperforming locations to close. GM plans to make the remaining dealers/outlets profitable. The company expects to lose 500 Hummer and Saturn dealers when those brands close or are sold, and it expects 400 dealers to close voluntarily. GM
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The kiss phone makes it easier to kiss your loved one from a distance via mobile. When the user kisses the device, it detects the pressure, percussion speed, temperature and sucking force of the kiss, and transmits the data to the loved one at the other end of the line, where the kiss is reproduc
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Shell with around 102,000 employees in more than 100 countries and territories, reported a 62 percent drop in first-quarter net profit as oil prices fall down. Shell's average selling price per barrel in the quarter was $42.16, last year it was for $90.72. Shell may anounce dividend of $0.42
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Apple is conducting high-level discussions with Verizon Wireless to sell iPhone that would work on Verizon’s network. The phone could be available as soon as next year.
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