5 June, 2014 by The TZ Newswire Staff Comments Off on State governments may be expanding wealth gap
State governments may be expanding wealth gap
Lawmakers in many states have been trying to boost their post-recession economies by cutting income taxes, curbing aid to the long-term jobless or holding down the minimum wage. Some have pursued all of …
5 June, 2014 by The TZ Newswire Staff Comments Off on Sprint agrees to pay about $32 bln to buy T-Mobile – source
Sprint agrees to pay about $32 bln to buy T-Mobile – source
NEW YORK/FRANKFURT, June 4 (Reuters) – Sprint Corp has agreed to pay about $40 per share to buy T-Mobile US Inc , a person familiar with the matter said, marking further progress in the attempt to merge the third and fourth-biggest U.S. mobile network operators. The $40 price represents a 17 percent premium to T-Mobile US’s closing share price on Wednesday, giving it a valuation of more than $32 billion and the shares have more than doubled in price since the group bought smaller rival MetroPCS a year ago.
5 June, 2014 by The TZ Newswire Staff Comments Off on Microsoft faces China backlash to Windows amid U.S. spat
Microsoft faces China backlash to Windows amid U.S. spat
China’s government took another step against Microsoft Corp. (MSFT) by telling officials in one province not to use Windows 8 software, marking an escalation in the dispute with the U.S. over spying and hacking allegations. Jiangsu province, south of Shanghai, canceled purchases of computers running the software in February after receiving a government notification, according to state-run China Central Television.
5 June, 2014 by The TZ Newswire Staff Comments Off on Twitter in talks to buy online music firm SoundCloud – FT
Twitter in talks to buy online music firm SoundCloud – FT
REUTERS – Microblogging platform Twitter Inc has been in talks with Berlin-based audio sharing website SoundCloud in its efforts to add a music service to its offering, the Financial Times reported citing people familiar with the matter. Twitter has weighed up deals worth billions of dollars and has also considered buying music-streaming service Spotify and internet-radio provider Pandora Media Inc, the newspaper. SoundCloud is a platform that enables people to upload, record, promote and share their music and other audio files.
5 June, 2014 by The TZ Newswire Staff Comments Off on Why Microsoft Corporation Shares Could Fly to $50
Why Microsoft Corporation Shares Could Fly to $50
Does this analyst make a good case? Or is it just more noise from Wall Street?