As part of an overhaul of the EU’s broadcasting rules, Netflix and Amazon’s video streaming services could be forced to devote “at least” 20 per cent of their catalogues to European films and TV shows. Potentially forcing video-on-demand groups to… Read More ›
Day: May 19, 2016
Freakish Diamond with Freak Dig Out Story from Sub-Arctic Ice Is About to Go on Sale
Foxfire is a freak, even in the world of rare stones. And it is also a freakish incident that saved rare diamond from being discarded as it was found buried in a place where big gem-quality diamonds aren’t supposed to… Read More ›
Fitbit makes a strategic move by acquiring Coin
Coin is a Silicon Valley startup which manufactures NFC chips. By acquiring Coin, Fitbit hopes to incorporate the technology in its future products. Fitbit has disclosed that it has acquired the assets of Coin, a Silicon Valley Startup. This strategic… Read More ›
Brand licensing deal marks the return of Nokia in the phone business
In 2014, when although Microsoft purchased Nokia it did not however buy its phone related patents. Subsequent to this acquisition, it has struggled with its phone business and in the previous year, it wrote-off the entire acquisition of Nokia worth… Read More ›
Restructuring changes hurt Target’s sales, missing analyst’s estimates
A swing in temperatures, the sales of its pharmacy and clinic business, as well as the restricting of its groceries in its stores have resulted in Target missing analyst’s estimates. Target has reported a lower turnover than its forecasts and… Read More ›