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Laptop Arena: Vizio Competes with Low-Priced, High Performance Devices

Vizio to sell low-price laptopsVizio Inc. is planning to implement rock-bottom prices to their personal-computer market. The television maker used the same tactics to drive higher-cost rivals out of the television industry.

The company will unveil their new additions to their computer business. Matt McRae, chief technology officer of Vizio Inc….

China’s Economy Grew by the End of 2011

China’s economy grew by the end of 2011For the fourth quarter of 2011, China’s economy unexpectedly grew faster than expected. This is despite the tighter home credit and weak export markets. In fact, China’s annual growth in gross domestic product was at its weakest in the last three years with…

Crude Prices Expected to Fire Up in 2012

High prices of commodities will strike consumersFuel prices will be extremely volatile in year 2012 as geopolitical tensions and global demand for energy increases. The statement was released by a petroleum observer group.  The median price for regular gasoline is expected to reach $4 by May. Other cities like Chicago…

BestBuy Releases Diablo III in February?

BestBuy’s Good and Bad issuesGossips were spreading that BestBuy.com has changed the release dates for their Diablo 3 product pages to February 12, 2012. These were followed by reports saying one Best Buy store has posted a promotional Diablo III which was accompanied by a countdown timer to February 1.

Since…

Alfa Romeo’s Launch Moved to 2014

Alfa Romeo’s Launch is delayed in USFiat SpA group’s new sports car brand Alfa Romeo postponed the unveiling of the three new models. The launch will be postponed for almost two years which includes the Giulia sedan. The model is said to be of help in marking the return of…

Citibank’s Closes 2011 With a Drop in Profit

Companies profit are lower than Wall Street estimatesThe fourth-quarter profit of Citigroup Inc. fell 11% which missed the estimates done by Wall Street. The drop was due to the debt crisis experienced by Europe capital markets. It affected the trading revenue and hindered clients from closing deals.

The results clearly show…

KeyBank to Acquire HSBC Branches

More acquisitions of banks and consulting company as the year starts More than 20 bank branches of HSBC is set to be bought by KeyBank. These branches were forced to sell by First Niagara Financial Group as part of their acquisition of HSBC’s upstate branch network.

Another 11 branches will also…

Email Wars: GMail Gains Grounds Over Microsoft

Microsoft threatened by Gmail in enterprisesThe share of Google in the enterprise email market presently swings around at 1% which Gartner, a technology research company, predicts to reach 10% within the next few years.

Gartner says Google is getting ground with enterprises which contain more than 5,000 seats. Gartner also named…

Google Exceeds $10B Quarter Revenue in 4Q 2011

Google and Yahoo exceeds fourth-quarter revenueGoogle announced that it exceeded the $10 billion quarter revenue for the first time.  This was after Larry Page’s take-over as CEO. Although, this was a celebration for Page, Wall Street didn’t give any toasts as it expected the company to achieve more. In fact,…

Microsoft: 2011 Was a Stable Financial Year

Thirty percent profit gain for Microsoft, still a bad day for WindowsAs the economic fourth quarter of Microsoft ended in the month of June, the company announced a rise in its revenue. From the previous year of $4.52 billion or $0.51 per share, it blew to 30% to $5.87 billion or…