The world’s largest social network platform, Facebook Inc., launched a new strategy of advertising on Feb. 29, engaging leading brand names such as Wal-Mart Stores Inc. and Starbucks Corp.
A local court ruling has temporarily allowed Apple Inc. to continue to sell its iPad tablet computer in Shanghai until the next hearing in late February, after an earlier decision had halted all sales of the iPad in China.
The proliferation of counterfeit medicine is becoming an increasing concern, and the recent discovery of a fake version of the cancer medicine Avastin has fanned the flames.
The U.S. Consumer Product Safety Commission has announced a voluntary recall of Tassimo coffee makers due to a fault with the machine where hot liquid could be dispatched resulting in certain consumers receiving serious burns.
The annual World Economic Forum (WEF) has concluded its five-day proceedings in Switzerland; a meeting of the minds of more than 2,500 of the world’s leading business and political figures.
Google Inc.’s earnings disappointed the market by not meeting analyst expectations in terms of revenues and earnings in the fourth quarter, despite its earnings exceeding $10 billion for the first time in Google history.
Salaries for senior investment bankers and traders at Morgan Stanley Co. are being targeted for a 20 to 30 percent pay cut in 2012, the company revealed this week.