eBay to Launch New Advertising Network In the final quarter of this year, eBay is planning to enable advertisers to advertise on eBay’s mobile app. The app has 4.6 million users on a daily basis. Advertisers will be able to target prospective customers by drawing on eBay’s data compiled on eBay customers. Following in the […]

Microsoft Considering $2 Billion Video Game Purchase Investors were caught off guard several weeks ago when Amazon purchased Twitch, a live-streaming site for video-games, for nearly $1 billion. Nevertheless, the video game industry may have another record buy in store for it. News leaked yesterday that Microsoft is considering to purchase Mojang, the studio which […]

Apple’s Watch Introduces Mobile Payments Yesterday’s hotly anticipated iWatch Event seems to have disappointed Apple’s investors, at least for the time being. The stock price opened on Tuesday morning at 99.11 and the new watch hysteria brought the price up to the day’s high of 102.74 at 1:55 PM. However, the stock price thereafter immediately […]

Scottish Patriotism Harms GBP/USD The GBP took another hit yesterday, as investors reacted to a poll released over the weekend that said a majority of Scottish voters are supporting independence from the UK. After a 307-year union, the governments of Scotland and the UK have agreed to a referendum to be voted on by the […]

Alibaba IPO Due This Month Alibaba, the largest e-commerce company in China, will reportedly be launching its IPO this coming fall on the New York Stock Exchange. Bloomberg estimates that the launch will be the largest stock offering in U.S. history, and raise anywhere between 150 to 200 billion dollars. Former school teacher Jack Ma […]

Coca Cola To Enter The Home Brewing Market About six months ago, Coca Cola announced a partnership with Keurig Green Mountain, a company in the home soda machines industry. Competing with SodaStream’s Fountain Jet Home Soda Maker, a product which allows people to create their own soda at home, Keurig Green Mountain will soon be launching […]

Cameron Compares Putin to Hitler In a confidential discussion in Brussels on Saturday, David Cameron warned an EU summit that Europe must not repeat the mistakes of the Anglo-French appeasement policy which proceeded World War II. “This time we cannot meet Putin’s demands. He has already taken Crimea and we cannot allow him to take […]

JP Morgan Investigates Cyber-Attack For the past three months, hackers were successful in penetrating into the databanks of JPMorgan Chase & Co. The hackers were finally caught when the bank’s cybersecurity team ran a routine check about two weeks ago. JP Morgan’s cybersecurity team is still investigating how the hackers were able to succeed in […]

Barclays Forced to Sell Barclays announced last night that it would be selling its Spanish retail banking and wealth management business to Caixabank, a Spanish financial services company. The UK banking giant admitted that the sale will generate an estimated loss of £500 million compared with the book value. Caixabank, Spain’s third largest lender, paid […]

China’s Regulators Crack Down on Microsoft Offices Satya Nadella, Microsoft Chief Executive Officer is planning to visit China in late September. As tensions simmer regarding a 2008 anti-monopoly law which the Chinese Government seeks to enforce, analysts say that Nadella is hoping to dissuade Chinese regulators from taking harsh policies against his company. China’s State Administration […]