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Date: 2013-09-20
Technology News:
Company News:
Amazon's Q1 2014 Earnings Hint At Streaming TV Services As Key Element
Earlier today, Amazon revealed its 2014 first quarter earnings in a conference call, and the news for investors was quite good. Analysts had predicted revenue of $19.4 billion, however Amazon reported that revenue went beyond that to $19.74 billion. That figure is up 23% over last years $16.1 billion. Profits were $108 million, which translates to a dividend of $0.23 per share. video streaming service more of a priority as of late.

Starbucks Eyes US Expansion As Sales Climb
Starbucks keeps finding ways to squeeze more money out of people. The Seattle-based chain reported a stronger quarterly profit Thursday as global sales at established locations rose 6 percent, including in its flagship U.S. market. Operating margin improved as a result of lower costs for ingredients, and the company raised its profit outlook for the year. CEO Howard Schultz also noted in a conference call that there's plenty of runway for the company to open more stores, even in the U.S.

Old guard techs earnings beats
Summary: Both Amazon and Microsoft earnings beat forecasts, Markets modest gains; GM profits plummet; Zimmer buying Biomet; Jobless claims rise. Bobbi Rebell reports.

Recall hasn't hurt GM sales - CEO
General Motors CEO Mary Barra says the massive recall hasn't hurt sales of GM vehicles. But costs from the recall slammed its profit. Fred Katayama reports.

Demand For Its Cars Helping GM Rebound From Black Eye Of Recalls
A billion here, a billion there and, sooner or later, it adds up to real money, according to an adage once popular in Washington, and something that General Motors shouldnt ignore after its poor first-quarter earnings report, a net profit of barely $125 million. Writing off a whopping $1.3 billion to cover a flood of recalls during the January to March quarter nearly ended the long string of profits the automaker has posted since shortly after emerging from bankruptcy in mid-2009. And by most estimates, GM will likely be spending a lot more before it can put behind it the scandal triggered by the delayed recall of 2.6 million vehicles for defective ignition switches.

Hands on with Mozilla`s Firefox OS for phones
Mozilla wants to democratize the smartphone market with Firefox OS, which is designed to run on low-cost smartphones and will come to the develop Read More
NBCNews `Best of CES`
Visit for breaking news , world news , and news about the economy Read More
Why Your Next Laptop Won`t Be Just a Laptop
A look at the newest hybrid laptop /tablets from the annual Consumer Electronics Show in Las Vegas.   Read More
TVs, Touchscreens & Forks at CES
Visit for breaking news , world news , and news about the economy Read More
Robonaut Operates Task Board in Space
Photo Credit: NASA In the International Space Station's Destiny laboratory, Robonaut 2 is pictured on Jan. 2, du Read More

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