The stock of Nokia Oyj (ADR) (NYSE:NOK) closed at $5.93 gaining 1.63% in yesterday’s trading session. This phone company has expressed its intention of cutting down about 310 jobs from its Nokia Technologies unit. Asides from that, it will also be seeking to put a halt on the development of its virtual reality camera “OZO” and […]
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Digital Arts Media Network Inc (OTCMKTS:DATI) Unveils Its Exchange Direct Program
Digital Arts Media Network Inc (OTCMKTS:DATI) has unveiled its Exchange Direct program, which brings forth liquidity for early-stage investors and angel investors. The Chairman and CEO of Digital Arts Media Network, Ajene Watson opined, “While battle testing Angels+, we were challenged to develop a new program to address various other liquidity needs of the angel […]
22nd Century Group Inc (NYSEMKT:XXII) Breaks Free From A Restrictive License Agreement
The 22nd Century Group Inc (NYSEMKT:XXII) has made an announcement outlining that it has come to the end of the 2013 Research License and Commercial Option Agreement it held with British American Tobacco (NYSE:BTI). From now henceforth, BAT has been stripped off all its rights to assets of 22nd Century and any intellectual property. This provider is […]
Wal-Mart Stores Inc (NYSE:WMT) To Launch Premium Diapers As Part Of its Parent’s Choice Baby Brand Relaunch
Wal-Mart Stores Inc (NYSE:WMT) revealed on Wednesday that it plans to relaunch its Parent’s Choice Baby brand, through which it plans to introduce premium diapers. The announcement also comes amid reports that the firm that owns the Babies R Us brand has filed for bankruptcy. This means Walmart is looking to take advantage of the […]
Modern Cinema Group Inc. (MOCI) On a Path to Disrupt Global Media Production and Distribution
As the third quarter winds down, market participants are beginning to see a move toward a diffusion of capital by larger fund managers. Higher nominal growth in the global economy is sparking a rotation trade out of mega-cap technology stocks like Facebook (FB), Google (GOOGL), and Amazon (AMZN). And rumors of a tax reform bill […]
Comcast Corporation (NASDAQ:CMCS) Seeks For Additional Damages In Lawsuit Against Sprint Corp (NYSE:S)
Comcast Corporation (NASDAQ:CMCS) has filed a lawsuit for additional damages against Sprint Corp (NYSE:S) after a Pennsylvania jury rewarded it with over $1.5 million following a patent infringement lawsuit. According to the US Court of Appeals for Federal Circuit, Comcast will defend its arguments on December 5, 2017. Comcast alleges that Sprint violated its text […]
On4 Communications Inc (OTCMKTS:ONCI) Reports Major $1.2 Million New Contract
On4 Communications Inc (OTCMKTS:ONCI) has signed a major new deal with a California dealership with numerous brands including Ford, Audi, Kia, Hyundai, Subaru, Mercedes, BMW and Chevy. Steve Berman, the CEO, reported that this agreement is for 25 dealerships in Orange County and Los Angeles, California. Each dealer in the contact will take 20 units/month […]
Nokia Oyj (ADR) (NYSE:NOK) Selected To Manage Telenor-Telia Shared Radio Network
Nokia Oyj (ADR) (NYSE:NOK) has signed a managed services contract that paves way for it to manage Telenor-Telia joint mobile network radio. The idea behind the collaboration is to help expand TT network capacity in a bid to improve customer experience and introduce new technologies. Nokia-TT Agreement Under the terms of the agreement, the Finish […]
Nokia Oyj (ADR) (NYSE:NOK) News: Nokia 8 Phone To Target The Rising Demand For Video-Streaming
Some years back, a lot of people dismissed Nokia Oyj (ADR) (NYSE:NOK) saying that there was no way it would spring back to life. But HMD Global might soon be changing the misconception. It has plans underway to reinvigorate the Nokia phone brand. On Wednesday, it launched the Nokia 8 in the hope that it […]
Oclaro, Inc. (NASDAQ:OCLR) Appoints Ian Small To Lead Global Communications Services
Oclaro, Inc. (NASDAQ:OCLR) recently appointed Ian Small as a new member to its board of directors to lead the Company’s global communications services. The appointment is effective from September 1. Small has extensive experience in leading the communication services across the world and has worked with several companies as an executive and technology strategist and […]
