Despite the fact that Apple Inc. delivered not so encouraging revenue outlook for the current quarter, concerns of investors were eased after the world’s biggest technology company hinted that it could give back over half of its $285 billion in cash reserves and after reports of stronger iPhone...

PayPal has been the main eBay payment service for 15 years. Now it will be replaced by the Dutch service Adyen. PayPal will still remain one of the payment methods available to buyers on eBay. PayPal has been the main eBay payment service for 15 years. The companies split in 2015, but so far they...

Brand Finance compiled its annual rating of the most expensive brands in the world. The brand value is calculated by estimating future possible incomes, like if the company did not own the brand but paid royalties for it. Below are the 10 most expensive brands in 2018. 10. ICBC Country: China...

SoftBank’s investment comes through Line issuance of new shares. On Wednesday, Japan’s Line Corp stated it had entered into an agreement with the SoftBank Group Corp to provide the telecoms and technology firm a majority stake in its mobile unit Line Corp stated   Line Corp stated after the...

The huge amounts of funds being sunk into the tech sector have necessitated for bigger war chest. Sources familiar with Sequoia Capital’s plans have disclosed that the early investor, who had invested in global tech giants including Apple and Google at their infancy, aims to raise $8 billion from...

Online retailer Amazon, Warren Buffett’s Holding Berkshire Hathaway and JPMorgan Bank will join together to create a new company in the healthcare sector. The parties made their public decision in a joint statement. The goal is to reduce spending on health care and improve the service for employees...

Samsung Electronics and LG Electronics has hoped to avoid the outcome of “America First” manufacturing and jobs mantra of President Donald Trump when the South Korean companies announced plans last year to set up home appliance factories in the United States.   But that does not appear to be...

‘New tax rate’ of Pfizer exceeds investors’ expectations and pulls down its shares. Pfizer Inc reported that the company is expected to make an adjusted tax payment of “about 17 percent this year”, whereby putting the tax margin “higher” than some of the investors’ expectation. As a result, the...

A few days before the start of ICO of Experty project, hackers stole $ 150 thousand from potential investors, reports Finance Magnates. The attackers took advantage of the fact that one of the organizers gathered information about the participants in the program of proof-of-care, to make sure that...