Author: Sammy Bravo

Meet the New Richest Person in China

Meet the New Richest Person in China

The founder of China’s largest search engine, Baidu, became the richest person in China Wednesday, according to the Bloomberg Billionaire Index. Robin Li, who took the number two spot two weeks ago as Baidu...

Europe Fines Banks $2.3 Billion for Fixing Rates

Europe Fines Banks $2.3 Billion for Fixing Rates

The European Union has fined eight banks, including behemoths like Deutsche Bank and Royal Bank of Scotland, a total of 1.7 billion euros ($2.3 billion) for their part in an interest rate rigging scandal...

Here’s How Much Money Top Musicians Are Making on Spotify

Here’s How Much Money Top Musicians Are Making on Spotify

Spotify, the on-demand music streaming service, has been under increasing fire from musicians who say it’s hurting the record industry. Radiohead frontman Thom Yorke pulled some of his solo work from the service earlier...

PlayStation 4 Sales Top 2.1 Million After International Launch

PlayStation 4 Sales Top 2.1 Million After International Launch

After selling 1 million units through to customers at the November 15, 2013, North American PlayStation 4 launch, Sony has hit another milestone. The European and Latin American rollout has pushed sales past the...

When You Wear Your Emotions at Work

When You Wear Your Emotions at Work

Well before he had written a word about management, Peter Drucker learned just how high people’s passions can run at the office. It was the early 1930s, and the then-24-year-old Drucker had been hired...

Newsweek Editor Promises Return to Print

Newsweek Editor Promises Return to Print

After halting print publication last year, Newsweek announced Tuesday that it plans to resume publishing a weekly print version beginning in January or February. It expects to publish a 64-page edition weekly, Jim Impoco,...

Did Microsoft’s Xbox One Really Beat Sony’s PlayStation 4 in Black Friday Sales?

Did Microsoft’s Xbox One Really Beat Sony’s PlayStation 4 in Black Friday Sales?

If you’re only half-paying attention to PlayStation 4 and Xbox One sales, you might have the sense that both consoles are tied. Sony issued a press statement a few weeks ago claiming it sold...

Black Friday Flopped, But Cyber Monday Clicked With Online Shoppers

Black Friday Flopped, But Cyber Monday Clicked With Online Shoppers

Cyber Monday sales are expected to hit $2 billion, according to the research firm comScore. That’s a 36% increase over last year’s $1.47 billion in sales. Mobile devices, from smartphones to tablets, accounted for...

Apple Buys Twitter Analytics Firm Topsy for $200 Million

Apple Buys Twitter Analytics Firm Topsy for $200 Million

Apple Inc. acquired the Twitter analytics firm Topsy — which uses tweets to determine consumer attitudes — for about $200 million on Monday. An Apple spokeswoman confirmed the deal to the Wall Street Journal,...

New Data Hint At Accelerating Economic Recovery

New Data Hint At Accelerating Economic Recovery

While some economy watchers have been disappointed by lackluster retail sales over the long Black Friday weekend, two other data points released Monday suggest the economic recovery is picking up steam. The Institute for...