The U.S Justice Department registered a win against Apple Inc. in its appeal at a federal court. The DOJ had previously stated that Apple conspired with five publishers to increase e-book prices. In what would be considered a win for the U.S. Justice Department, a federal appeals court upholds a...

Setting aside fears of critics about the expectations of the bank about its quarterly performance, JP Morgan announced better-than-expected profits and revenue for the first quarter of the current fiscal. One of the largest banks of United States also managed to keep a tab on its operating expense...

The owner of Newsweek are going to cease publication of the printed version of the European Journal a half years after its restart. The main reason is that the magazine could not find enough advertising revenue to produce sustainable profits. Now, only American version of the magazine are available...

After being first introduced in the United States nine months ago, it was the turn of Britain to make use of Apple mobile payments facilities in Britain.  Apple Pay was formally launched throughout Britain on Tuesday and users of this application would be able to take advantage of the services...

Even while smart phone sale continues to grow worldwide, the sale of tablets is expected to slow down in 2015. According to a forecast by Forrester both the shipment and sale of tablets would be hit during the current year. Forrester Research is a premier research and advisory firm that works in...

The second-largest producer of soft drinks, the American company PepsiCo Inc., has significantly increased its net profit in the April-June 2015, and raised its forecast for the full year. According to the company’s press release, its net profit increased to $ 1.98 billion, or $ 1.33 per share in...

JPMorgan has again been caught on a sticky wicket with its unlawful and fraudulent practice of collecting consumer credit card debts. This is not the end of the story though, two states are still going for legal action and they have some very good reasons for doing so, Read on ... to the details....

The Shanghai Composite Index dropped 3.3 percent to 4,053.03, taking decays from its June 12 top to more than 20 percent. The gage swung between a loss of 7.6 percent and an addition of 2.5 percent in Monday, recording the greatest intraday point move since 1992. Chinese stocks tumbled, sending the...

International payment system PayPal, which is used by millions of people around the world to carry out online shopping, is itself planning a large-scale shopping. The company intends to spend $ 6 billion on utility assets. Such an approach, according to representatives of PayPal, will allow the...