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Growth in China’s market of 400 million smartphone users has almost flattened, leaving manufacturers scrambling.The decline is particularly bad news for Chinese smartphone maker Xiaomi, which has been dependent upon the rapidly growing domestic market.
Gold prices have tumbled to a five-year low and analysts are predicting they will fall even lower by December. The drop is due in part to the high likelihood that the Fed will increase interest rates this year, which will draw investors away from gold and into bonds.
Google is known for innovation and a freewheeling culture that has contributed to its consistent record of growth. And as long as ad revenues have continued to grow, so has spending. Ruth Porat, who became CFO in May, is now trying to bring financial discipline and efficiency to Google without stifling its creative culture.
Viewed from afar, the financial woes of Italy and Greece can look dangerously similar. However, Italy has managed to avoid Greece's fate due to a stronger economy and more help from the European Central Bank.
Google has brought in Ruth Porat, an almost 30-year veteran of Wall Street, as its CFO. Under her stewardship, expenses are leveling off and Google's stock price is on the rise.
Digital shelf displays continue to blur the lines between shopping online and in a store as retailers embrace both “bricks and clicks” to compete with Amazon and online retailers. As Amazon continues to grow, will this technology provide a competitive edge for brick-and-mortar stores?
The Department of Justice has won record settlements in Foreign Corrupt Practices Act (FCPA) cases, even though the government has a poor record going to trial in FCPA cases. Corporate defendants have dared to go to trial only twice since the act came into law 35 years ago, but won both cases.
Millions of people search online for information about symptoms and prescription drugs. Patterns in their searches might reveal previously unknown side effects of medications.
Digital price displays are giving brick-and-mortar retailers a weapon against online rivals like Amazon. However, going digital isn't cheap.
E-Nable designs 3D-printed prostheses for children older than 3 and shares its blueprints so they can be made for as little as $30. This way, the prostheses can be easily replaced as the kids outgrow them.
The large smartphone companies have done well in recent years, with rising sales and profits. Part of the reason for their success is the growing market for smartphones in China. However, the smartphone market in China may be reaching saturation, with most consumers who want and can afford a smartphone already owning one.
The Food and Drug Administration may now review Google searches to find information on the side effects of drugs. This information would add to what it already collects from patients, doctors, and pharmaceutical companies.