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Wireless Carriers Negotiating with ESPN

On Friday, ESPN was said to be in talks with one or more wireless carriers over the possible subsidizing of data plans for certain customers for their consumption of data content from the network. There are more than 45 million ESPN digital users with that number growing constantly. The sports broadcaster would prefer that its users did not stop tuning in on their mobile electronic devices because they are worried they... 

Casinos Prepare for Legalization of Internet Gambling

Legalized gambling is moving out of the casinos and into the internet. This is why the industry is preparing for the broadest changes in its history. Ultimate Gaming, a company based in Las Vegas, has become the first in the United States to offer online poker to players in New Jersey, Nevada, and Delaware. It legalized gambling over the Internet. Casinos The federal government allowed states to provide Internet gambling... 

Apple Moves into No. 6 spot in Fortune 500 List

Cupertino, California based Apple climbed 11 spots in the Fortune 500 to No. 6 with annual revenue exceeding $156 billion. The tech giant is now the official leader of all tech companies. The new ranking is Apple’s highest ever and the company displaced troubled PC maker Hewlett Packard as the No. 1 tech company on the prestigious list. Companies are ranked by Fortune by the revenue generated annually, with the latest... 

Apple Products now to be sold by U.S. Cellular

U.S. Cellular is the sixth largest wireless service provider in the U.S. and it announced last week that it would start later this year to carry products made by Apple. The company’s announcement was part of the earnings report for the latest quarter. No specific list of products was given in the prepared statement, but it is presumed that U.S. Cellular would offer Apple products such as the iPhone and iPad. CEO Mary... 

Intel’s Selection of New CEO Sticks to Familiar Formula

Intel selected Brian Krzanich as its next CEO. It indicated that the technology giant is sticking to a familiar formula despite the changing shift in computing that has caused some worries about the future of the company. Intel Ever since Intel co-founders Robert Noyce and Gordon Moore relinquished their positions as the first two CEOS, the company promoted the second in-command to take the position. It started in 1987... 

Electronics Giant Best Buy Pulls Out of Europe

Troubled electronics retailer Best Buy has decided to pull the plug on Europe. After only five years in Europe, the company will sell its stake in its joint venture with Carphone Warehouse for close to $775 million in stock and cash. Best Buy, which has had to battle its loss of sales to retailers online like Amazon, announced the move would help to simplify its business moving forward and improve the return on capital... 
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