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Technology - Google unveils three Nexus gadgets

Google announces a set-top box for TVs, a tablet and a smartphone, all powered by its new operating system Android Lollipop.

Wednesday, October 15, 2014  18:34


Business - The New Sewage Treatment Facilities built in Samsung Plant in Kaluga, Russia

`Vorsino` is an industrial park located in Borosky district of Kaluga (Southwestern region of Russia) that manufactures all of TVs and monitors sold in Russia. On September 15th, Samsung Electronics Russia Kaluga (SERK) has celebrated of building an …

Monday, October 13, 2014  10:27


Business - Wal-Mart CEO vows to end minimum wage pay in future

(Reuters) - Wal-Mart Stores Inc plans to improve opportunities for its employees so that in the future there will no longer be a few thousand workers on its payroll making minimum wage, the chief executive of the world`s top retailer said on Wednesday. The act of upgrading minimum wage positions would be largely a symbolic move for Wal-Mart. Currently only about 6,000 workers make the minimum out of its U.S. workforce of 1.3 million. Wal-Mart says its average full-time hourly wage is $12.92, compared with the federal minimum wage of $7.25. ...

Thursday, October 16, 2014  04:20


Business - Wal-Mart to offer digital movie access to customers

(Reuters) - Wal-Mart Stores Inc is launching a new service for customers to access digital copies of movies they buy at its stores and website across all platforms. The world`s largest retailer, along with VUDU, rolled out a beta version of the service, InstaWatch, in collaboration with seven movie studios. These include DreamWorks Home Entertainment, Sony Pictures Home Entertainment, Warner Home Video and Twentieth Century Fox Home Entertainment. About 800 movies available at Walmart stores and 1,100 on will be a part of the program at the launch, the company said. ...

Wednesday, October 15, 2014  05:14


Business - Time Warner to stick with original road map for growth: CEO

(Reuters) - Time Warner Inc Chief Executive Jeff Bewkes stood in front of analysts and investors on Wednesday to seek to convince them that the company is better off alone after rejecting a bid from Rupert Murdoch`s Twenty-First Century Fox. In doing so, he forecast adjusted earnings per share of $6 by 2016 and $8 by 2018. Shares of Time Warner, which include movie studio Warner Bros, cable network Turner Broadcasting, and pay TV channel HBO, were up 2 percent at $72.05 in morning trading. ...

Wednesday, October 15, 2014  15:45


Business - HBO standalone product risks alienating cable, satellite cos

By Jennifer Saba NEW YORK (Reuters) - Time Warner Inc`s decision to make its prized HBO channel available to people who don`t subscribe to Pay TV may delight such `cord cutters` but will likely crank up tensions with cable and satellite TV service providers. By going over-the-top - media lingo for being able to watch TV with only a broadband connection - HBO has paved the way for a rocky period of negotiations with cable and satellite companies - with issues of pricing and distribution likely to loom large. ...

Friday, October 17, 2014  00:39


Most Recent - Coming soon to a TV near you: Ebola, the TV series

Friday, October 17, 2014  17:23


Business - Costco seeks China path that avoids Wal-Mart`s potholes

By Nandita Bose CHICAGO (Reuters) - By selling directly to Chinese consumers on Alibaba`s platform, a move announced Tuesday, Costco Wholesale Corp. aims to employ local knowledge and a low-cost structure to avoid missteps that caused even the world`s largest retailer, Wal-Mart Stores Inc. , to stumble. Many global retailers opening in China have struggled to find product mixes and store designs favored by local customers. Besides Wal-Mart, Best Buy , eBay and others have fallen short of expectations in one of the fastest-growing consumer markets. ...

Thursday, October 16, 2014  22:50


Business - Wal-Mart cuts full-year sales growth forecast

(Reuters) - Wal-Mart Stores Inc cut its full-year sales growth forecast, hurt by a stronger dollar and a bigger-than-expected impact from the cut in the government food stamp program last year. Shares of the world`s largest retailer fell 3.3 percent to $75.39 in late afternoon trading on Wednesday. Chief Financial Officer Charles Holley, at a meeting with investors and analysts, said he expected Wal-Mart`s sales to rise 2-3 percent from $473.1 billion last year. The company said in February it expected net sales growth to be at the lower end of its 3-5 percent forecast. ...

Wednesday, October 15, 2014  21:04


World - RPG attack kills two policemen in Egypt`s Sinai: state TV

CAIRO (Reuters) - An attack with a rocket propelled grenade killed two policemen and wounded another in the capital of Egypt`s restive North Sinai province, state media reported late on Thursday. The policemen were in their patrol car in Al-Arish when a rocket propelled grenade struck the vehicle, state media said. There was no immediate claim of responsibility. It was the third attack in the Egyptian capital in recent weeks. On Tuesday night, a homemade bomb exploded near the Supreme Court in downtown Cairo, injuring 12 people. ...

Friday, October 17, 2014  00:21

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