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Citicoin – Citigroup’s own Bitcoin coming soon

ArunKumar@TWCN — Fri, 10 Jul 2015 05:30:30 +0000

Bitcoin is a virtual currency that knows no borders and can be traded anywhere without problems. Following the lead of Bitcoin, Citigroup is trying to introduce Citicoin, whose concept is almost the same as the Bitcoin. Citigroup testing Citicoins To know more about Bitcoins, what they are etc, read our article on Bitcoins and how […]

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Microsoft Q4 2014 Dull, Shares Fall Despite Office 365

ArunKumar@TWCN — Tue, 27 Jan 2015 18:25:47 +0000

The reason why the graph turned down is poor reception of Windows 8.1. Experts say that despite the many other fields where Microsoft has been doing well, such as – Surface Pro and Office 365 and Xbox – the company’s shares fell by 3% in the quarter ending December 2014. It took a while for […]

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Microsoft starts accepting BitCoins as a mode of payment

ShiwangiPeswani@TWC — Thu, 11 Dec 2014 18:36:52 +0000

Microsoft has started the Bitcoin-trading apps allowing the users to buy apps, games and more for Windows, Windows Phone, and Xbox in exchange of digital currencies. Users can now add your Bitcoins to their Microsoft account at current market value and use them to buy anything from Windows Store, may it be Xbox Videos, Xbox […]

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Microsoft 2014 Q3 earnings up…beats expectations!

HemantSaxena@TWCN — Sat, 25 Oct 2014 08:11:04 +0000

Microsoft witnessed higher-than-expected quarterly revenue, helped by stronger sales of its smartphones, Surface tablets and more importantly cloud-computing products for companies. The company also succeeded in keeping its profit margins largely intact. The performance is striking since other tech stalwarts, such as IBM Corp. in the lineup reported weak earnings for the last quarter. “In […]

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Get correct Tax related Search Results with improved Bing Search

HemantSaxena@TWCN — Sun, 09 Mar 2014 21:19:00 +0000

A witty saying – In this world there’s nothing certain, except two things, death and taxes. Indeed correct! Tax season has kicked off and by April 15 one can expect that most people in the United States of America would have filed their income tax returns with the Treasury department. One virtue of Americans worth […]

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Understanding Microsoft’s performance in Q1 2013

AnkitGupta@TWCN — Sat, 20 Apr 2013 02:13:42 +0000

On Apr 18th, 2013, Microsoft released its third-quarter report for the revenue of $20.94 billion. The third quarter ended on Mar 31st, 2013. This quarter’s revenue is a net result of operating income of $7.61 billion, net income of $6.06 billion and diluted earnings of $0.72 per share. The financial report describes the net recognition […]

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Microsoft posts $20.49 billion in revenues for Q1 2013

SyedAsrarullah@TWCN — Fri, 19 Apr 2013 12:15:55 +0000

The first quarter of 2013 has weighed in fairly well for Microsoft as it announced the Earnings Release for FY13. During this quarter (also considered as the third quarter of 2013 is Microsoft’s fiscal year), the company generated $20.49 billion in revenues along with $6.06 billion in net income. This indicates an increase in the […]

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Microsoft provides a $2 billion loan to support Dell

HemantSaxena@TWCN — Wed, 06 Feb 2013 13:58:58 +0000

Microsoft has agreed to provide a loan of $2 billion to Dell group to help it go private. The sole reason behind getting Dell private is to help the firm, not gain an equity stake or operational control over its longtime partner. In a statement issued, Microsoft wrote the following: Microsoft has provided a $2 billion […]

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Nokia reports $10.73 billion in revenue this quarter; profit rises to $585 million

SusannahLindsay@TWCN — Fri, 25 Jan 2013 03:30:15 +0000

The announcement of the latest quarterly results surely means good news for Nokia after going through a rough patch earlier. The Finnish mobile giant reported US $10.73 billion in total revenue compared to a $9.68 billion revenue figure in the previous quarter. Compiling the final figures of the latest quarter, Nokia also posted an encouraging […]

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Microsoft reports $21.46 billion in revenue in Q4 2012 with $6.38 billion as net profit

SyedAsrarullah@TWCN — Fri, 25 Jan 2013 03:15:56 +0000

There must be confident smiles around Redmond as Microsoft announced its financial results for the fourth quarter 2012 calendar year, reporting US $21.46 billion in revenue. On the heels of this announcement, Microsoft also posted a net profit of $6.38 billion for the quarter which is a slight decrease from the $6.62 billion figure they […]

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Apple’s Q1 2013 Earnings Cross $54 Billion; Company’s Highest Quarterly Revenue Ever

RogerDunning@TWCN — Thu, 24 Jan 2013 13:45:02 +0000

Market Analysts who predicted fall in Apple’s revenue share this quarter have been put to shame. The company’s earnings for the first quarter, Q1-2013 passed $ 54.5 billion! Apple, with the earnings of $13.81 per share marked $ 13.1 billion in profit for the first quarter of the New Year. The total revenue generated for […]

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Microsoft may invest up to $3 billion in Dell

ShiwangiPeswani@TWC — Wed, 23 Jan 2013 11:41:32 +0000

Dell Inc. the American multinational computer technology corporation is feeling poorly and looking for private companies to regain its strength. The American business news channel CNBC reported that Microsoft may invest $1 to $3 Billion in Dell buyout helping the firm recover. According to the current trading the stock price of Dell hasn’t recovered from […]

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