Daily Archives: May 18, 2016

Gap Open to Selling on Amazon


The struggling apparel chain Gap is open to selling its merchandise on Amazon or other third parties in the U.S., its chief executive told shareholders at the annual meeting.

Looking at Video and Internet Providers


Comparing Comcast, Verizon and others

Tencent Warns of Challenges to Ad Business, Despite Strong Results


The Chinese Internet giant warned of possible challenges to its advertising business due to China’s economic slowdown, despite posting strong earnings growth thanks to solid revenue from mobile games and advertising.

Salesforce Boosts Outlook After Topping Expectations


Salesforce.com Inc. lifted its forecast for the year on the heels of a stronger-than-expected to start to its fiscal year.

Microsoft Takes Another Step Out of Cellphone Business


After writing down much of its disastrous acquisition of Nokia’s handset business, Microsoft has taken another step to unwind the deal, as Nokia plans a cellphone comeback.

Why Midea Is Cuckoo for Kuka’s Robots


Chinese appliance maker Midea wants German robot maker Kuka to automate its production. Robots, however, don’t come cheap.

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