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Rina S.

Microsoft will End Free Upgrade to Windows 10 on July 29

Microsoft to End Free Windows 10 Upgrade: Fixes Upgrade Price at $119

May 06, 2016 03:38 PM EDT

Microsoft has reiterated its plans to end its free Windows 10 upgrade offer. According to the company, after July 29, the upgrade will cost $119.

Alibaba's Reported Higher Net Income and Revenue for the Quarter

Alibaba Reports Higher Earnings, But Misses Forecast

Rina S. |

May 06, 2016 08:31 AM EDT

China's biggest e-commerce company Alibaba has reported its fourth quarter earnings at 5.36 billion Yuan ($832 million), up from 2.89 billion Yuan in the corresponding quarter of last year. Its revenue for the quarter stood at 24.18 billion Yuan ($3.75 billion), up 39 percent on a year-on-year basis. The company's gross merchandise volume in China was reported at $115 billion, up 24 percent.

US Productivity Falls in First Quarter of 2016, But Still Fares Better than Expected

Rina S. |

May 05, 2016 09:11 PM EDT

The U.S. witnessed a slide in its worker productivity in the first quarter of the year. In the non-farm business sector, the seasonally adjusted annual rate of productivity growth fell by one percent. However, in comparison to the same period in the previous year, the rate is marginally up by 0.6 percent. It also did better than expected as markets predicted the productivity rate to fall by 1.4 percent.

Amazon Announced Impressive Result for the First Quarter of 2016

Tesla Reports Wider Losses: 2 Top Executives to Depart From Company

Rina S. |

May 05, 2016 07:47 PM EDT

Tesla's first-quarter losses this year widened in comparison to the previous year despite the fact that the company reported an increase in its revenue. This notwithstanding, two key executives from the company have announced their departure from the firm.

Uber and Alibaba have entered into a new Deal

Uber Collaborates With Alipay to Expand Reach in China

Rina S. |

May 04, 2016 10:30 AM EDT

Uber has announced that it is partnering with Alipay to gain a foothold in the lucrative Chinese market. Under the new deal, Chinese users will be able to use their Alipay accounts to settle the fare of their Uber taxi rides anywhere in the world.

Apple Lost its Trademark Battle in China

Apple Hits Another Roadblock in China: Loses Trademark Fight

Rina S. |

May 04, 2016 08:04 AM EDT

After the iTunes Movies and iBooks debacle, Apple seems to be having more problems in China. The technology giant has lost a case it initiated to get an injunction against the use of the name 'iPhone' by a leather goods company called Xintong Tiandi Technology.

Under Armour Sponsors Various Teams and Sportspersons.

Under Armour Warns Chinese Brand Uncle Martian Over Copyright Infringement

Rina S. |

May 03, 2016 09:56 AM EDT

Under Armour is one of the most recognizable brands of sportswear in the world. The company is now in a scuffle with Chinese company Uncle Martian, a newly launched athletic brand, due to its alleged use of Under Armour logo.

Communist Party Suspended Memebership of Ren Zhiquiang

Chinese Tycoon Suspended from Communist Party Membership Due to Criticism of Media Loyalty

Rina S. |

May 03, 2016 08:29 AM EDT

China's ruling communist party put the membership of real estate tycoon Ren Zhiquiang on probation following his public outburst against domestic media's absolute loyalty to the party.

Li Haotong Surpasses Felipe Aguilar to Win Volvo China Open

Rina S. |

May 02, 2016 04:10 PM EDT

Local favorite Li Haotong shot a bogey-free eight-under 64 on Sunday to lift the China Open Cup. The victory is the first European Tour title for 20-year-old Li. With this win, Li became the second Chinese player, after 2015 champion Wu Ashun, to claim a European Tour title on home soil.

Japan Foreign Minister Fumio Kishida Meets Chinese Premiere Li Keqiang

China Puts Forward Conditions for Better Ties With Japan

Rina S. |

May 02, 2016 04:03 PM EDT

Japan and China are towards to strenghten their bilateral relationship following the recent visit of Japanese Foreign Minister Fumio Kishida to China. However, Beijing is taking a cautious stand and has cited conditions for agreeing to improve the relationship.

Iraqi Parliament was invaded by Protestors

Baghdad Declares State of Emergency After Rebels Breach Green Zone

Rina S. |

May 02, 2016 08:30 AM EDT

A state of emergency has been declared in Baghdad after its Green Zone was breached by supporters of Shia cleric Muqtada al-Sadr and entered the parliament building on Sunday.

China's Xiaomi will Launch its Full Fledged Smartwatch Later This Year

Chinese Firm Xiaomi to Introduce Smartwatch, Launches Smartwatch for Kids

Rina S. |

May 01, 2016 06:03 PM EDT

Chinese technology company Xiaomi is said to have been developing its own smartwatch. While this rumor have been around since 2015, the company has finally confirmed that it will be launching the wearable device later this year.

United States Treasury Department has put China on Watch List

USA Puts China on Watchlist for Foreign Exchange Practices

Rina S. |

Apr 30, 2016 05:15 PM EDT

The US Treasury Department has released its watchlist of countries which are to be monitored for their foreign exchange practices. The list includes China, Germany, Japan, South Korea and Taiwan. According to the modified semi-annual report released on Friday, the Treasury Department will observe these countries to determine whether their foreign exchange policies offer them undue trade advantage over the U.S.

Amazon Posts Impressive Q1 Results: Stock Price Soars

Rina S. |

Apr 30, 2016 10:59 AM EDT

Amazon crushed analysts' expectations with its strong first quarter results published on Thursday. Its Q1 net income was at $513 million, the company's fourth consecutive profitable quarter.

Marissa Mayer Received $36 Million in Compensation for 2015

Yahoo CEO Received $36 Million in 2015, Fat Severance Pay Secured

Rina S. |

Apr 30, 2016 10:00 AM EDT

Yahoo's CEO Marissa Mayer was paid $36 million in 2015, down 15 percent from her $42 million paycheck in 2014. The cut is due to less option awards after the company's stock price fell by 15 percent.