Money


Record fourth quarter results give Facebook shares a new high
- January 30, 2016

During the period, monthly active users reached 1.59 billion during the quarter - up 14% year-over-year - while mobile monthly active users reached 1.44 billion, which represented an increase of 21% year-over-year. The company's successful monetization of mobile advertising also assuaged concerns that it may have overspent on messaging service provider WhatsApp and virtual reality startup Oculus, both of which have yet to yield profits for Facebook . (more...)
Apple hits a new record
- January 30, 2016

The company's shares, which have fallen 5 per cent this year, bounced around in after-hours trading and were down more than 2.6 per cent. Apple also announced that it sold 74.8m iPhones, 16.1m iPads and 5.3m Macs over the holidays. He told us that he's been expecting this story since the iPhone craze began. This category includes Apple TV, Beats products, iPods and accessories for Apple devices as well as the Watch, though, so it's hard to draw any firm conclusions. (more...)
Apple Posts Another Record Quarter, but iPhone Sales Flatten
- January 30, 2016

Apple Inc Sees First Decline in Sales in More than a Decade: World's largest company Apple Inc predicted that its revenue will decline going forward as the Chinese market is showing signs of weakness. That could fuel another surge in sales. Apple sold 9.8m iPads in the previous quarter and 21.4m iPads in the year-ago quarter. "Other Products", which includes the Apple Watch and Apple TV, grew its revenue 62 percent year-over-year, bringing in 4.3 billion this quarter. (more...)
Kawhi Leonard: Kawhi Leonard's game-high 27 pts lift Spurs Kawhi Leonard: Kawhi Leonard's game-high 27 pts lift Spurs
- December 17, 2015

There was an amusing stretch of late in the quarter where Pop was so exasperated with the defense of his shooting guards that he subbed from Danny Green to Ginobili (lost Kelly Oubre backdoor twice) to Jonathon Simmons (tried to draw a no-chance charge on Wall) to Kyle Anderson (shooting foul on Oubre) back to Ginobili all in a span of 1:44.  Kevin Durant scored 24 points to lead Oklahoma City to a victory over Portland at the Chesapeake Energy Arena. (more...)
Chipotle: E. Coli may not be to blame for latest health issue
- December 14, 2015

Earlier in the day, Chipotle said health officials in Boston believe food-borne illness at one of its MA locations is likely norovirus . Norovirus causes mass outbreaks with symptoms similar to E. coli and norovirus . The most recent illness started November 13. The company closed dozens of locations in OR and Washington to address the matter, but has since reopened them and committed to new food-safety testing, training and supplier quality processes. (more...)
Xiaomi Mi 4, Mi Note first to get updates, Sony Xperia Z5 to get it in January Xiaomi Mi 4, Mi Note first to get updates, Sony Xperia Z5 to get it in January
- December 09, 2015

It will remain as MIUI 7 though there might be noticeable changes in stock Android. In addition, new TouchWiz interface is faster and makes more efficient use of memory and CPU resources, helping to increase battery life and improve the overall user experience. (more...)