Economy News

Toshiba Markdown on Profit Nearly Doubles Its Prior Estimate

Toshiba Markdown on Profit Nearly Doubles Its Prior Estimate

Toshiba Corp will likely mark down its operating profit from the past by as much as 100 billion yen or $814 million, which is nearly double its estimated restatement made earlier, due to accounting irregularities, said a person close to the situation. In what could be shaping up to be […]

Russia’s Richest Wants the U.S. Tech Market

Russia’s Richest Wants the U.S. Tech Market

The Russian tech market has been nearly conquered by Mail.ru. The Internet portal operates some of the country’s most popular messaging, email and social media services. The portal also owns a large stake in the largest social network in Russia Vkontakte and in Qiwi, a provider of digital payments that […]

Walmart And Google Ink Voice-Activated Shopping Partnership

Walmart And Google Ink Voice-Activated Shopping Partnership

Walmart has announced that it is partnering with Google in order to allow for voice shopping via Google Assistant starting next month. This is the biggest deal in retail for Google so far as the online search giant seeks to widen the reach of the Google Home speaker. For Walmart […]

America Movil To Venture Into Argentina’s Pay Television Market

America Movil To Venture Into Argentina’s Pay Television Market

America Movil, Mexico’s telecommunications giant, recently got the regulatory approval of ENACOM – National Communications Agency of Argentina to start pay television operations in the South American country. Already, America Movil has wireline and wireless operations in Argentina. The approval from ENACOM will allow America Movil to provide audio-visual services […]

Amazon Adds More Dash Buttons to Its Site

Amazon Adds More Dash Buttons to Its Site

It has been one year since e-commerce behemoth Amazon launched its first batch of Dash Buttons, the instant, oval shaped order buttons that are tied to the popular brands of coffee, baby formula, detergent, razor blades, paper towels and more. Now, a year later, on its first anniversary, the e-retailer […]

Instagram Launches Fully Developed Ad Platform

Instagram Launches Fully Developed Ad Platform

Instagram’s ad business just got a boost thanks to Facebook. Instagram’s Today photo-sharing app is opening up to millions of advertisers potentially interested in sharing ads on the app. The photo-sharing app is very popular, more than 300 million users. New technology, more ad styles, and sophisticated targeting tools from […]