Facebook Inc (NASDAQ:FB) provides a very effective way for people to socialize and share information fast. However, some people use Facebook pages for all the wrong reasons. In the recent hoax, a Facebook Inc (NASDAQ:FB) page “Senior Lance Corporal” with less than 15,000 likes sent many into panic when it posted that there was an…
RadioShack Corporation (RSH) Says It’s Running Out of Cash
RadioShack Corporation (NYSE:RSH) has had bad run in the market for the past few years. The electronic company has had its sales going down and cash racing out fast. On Thursday, the company said that its sales, after a whole year of activity, were down 20%, forcing it to think of new ways of acquiring…
Google Inc (GOOGL) Calls for Net Neutrality after 4 Years of Silence
Google Inc (NASDAQ:GOOGL) made its position clear on the raging debate about net neutrality in an open message to its supporters. The tech giant had been silent on the matter since 2010 when the company voiced support for free and open internet for all. Many activities were already wondering whether Google Inc (NASDAQ:GOOGL) has since…
Yahoo! Inc. (YHOO) May Have Had To Pay $250,000 in Fine for Refusing To Give U.S. Data
Yahoo! Inc. (NASDAQ:YHOO) narrowly escaped paying a fine of $250,000 per day to the government for failure to release U.S. data relating to its customers, according to documents released Thursday. The company had refused to release any internet data citing that the move would be unconstitutional and would amount to a breach of privacy to…
American Airlines Group Inc (AAL) to save $1 million as it Replaces Paper Manuals with Samsung Tablets
American Airlines Group Inc (NASDAQ:AAL) has won a regulatory prohibition that prevented them from introducing tablets to replace paper manuals that are normally used in-flight. It’s believed that the introduction of the gadgets will save the airlines $1 million every financial year. Many American airlines have pursued paperless attendance to passengers in a bid to…
Burger King Worldwide Inc (BKW) Advised By Senators to Avoid Plan to Move to Canada
The proposed deal by Burger King Worldwide Inc (NYSE:BKW) to acquire Tim Hortons, a Canadian coffee and donut chain for $11.5 billion involves Burger King changing its tax base to Canada. However, a group of U.S. Senators opposed to the move has urged the food chain to shelve such plans. From corporate tax point of…
Is McDonald’s Corporation (MCD) Planning To Introduce McBrunch To Its Menu?
McDonald’s Corporation (NYSE:MCD) has been facing numerous challenges in the market due to new entries and spiced-up menus in the fast-food industry. The company has therefore been looking for new ways to attract more customers into its restaurants. BurgerBusiness.com indicated that McDonald’s Corporation (NYSE:MCD) has filed “McBrunch” for trademark registration, something that smacks of a…
Twitter Inc (TWTR) Seeking $1.5 billion in Convertible Debt for Expansion
Twitter Inc (NYSE:TWTR) is seeking to finance its expansion plan through a convertible debt by selling off two $650 million bonds with one of the bonds maturing in 5 years while the other in 7 years. This is according to a filing to the U.S. Securities and Exchange Commission. If the involved banks go ahead…
AT&T Inc. (T) Announces Old iPhone Trade-In and $300 Credit Deal
After the release of the highly anticipated iPhone 6, many technology companies, particularly carriers, have gone into fierce competition to win new subscribers and to retain their existing market share. AT&T Inc. (NYSE:T) isn’t left out either. The company has announced that it’s accepting trade-ins for old iPhones in exchange for iPhone 6 and giving…
Microsoft Corporation (MSFT) Keen on Acquiring Minecraft Maker for $2 billion
Microsoft Corporation (NASDAQ:MSFT) is said to be negotiating to acquire Mojang, the company that makes the popular Minecraft game. Sources with inside knowledge of the ongoing talks have indicated that Microsoft, which makes Xbox games, is on discussions to acquire the company for $2 billion. The success of Minecraft is believed to be behind the…