Will Apple Pay Partner with Alibaba’s Alipay?
30 Oct
2014
By Financier.com Staff

Will Apple Pay Partner with Alibaba’s Alipay? »

Alibaba’s shares have hit a new high with a $251 billion market cap, surpassing Wal-Mart’s market cap of...

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Robert Tappan Morris: Famous Hacker & Entrepreneur
29 Oct
2014
By Financier.com Staff

Robert Tappan Morris: Famous Hacker & Entrepreneur »

RTM is a 48-year-old American computer scientist who became famous for creating one of the first Internet bugs in 1988, called the ‘Morris worm’. Morris, a Computer Science graduate student at Cornell, was convicted for acting without authorization and causing unintentional damage to many computers across the United States. The Morris worm Morris gained notoriety [...]

The 5 Companies with the Most Employees in 2013
29 Oct
2014
By Financier.com Staff

The 5 Companies with the Most Employees in 2013 »

If we exclude government-owned corporations, Walmart’s 2.2 million employees was the largest workforce worldwide in 2013. The oil and gas company Sinopec (NYSE:SNP) is the second company with the most employees at just over 1 million employees, followed by the Taiwanese multinational company Foxconn Technology Group (TPE: 2317) with almost 1 million employees.

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One of the Worst Business Decisions to Date
28 Oct
2014
By Financier.com Staff

One of the Worst Business Decisions to Date »

Steve Sasson, Kodak’s main engineer, invented the first digital camera in 1975 which had a resolution of .01 megapixels. Kodak held the patent for this technology for several years, which later became standard in most...

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WL Ross & Co Seeks up to $2 Billion Funding
24 Oct
2014
By Financier.com Staff

WL Ross & Co Seeks up to $2 Billion Funding »

The American private equity firm WL Ross and Company are reportedly looking to raise between one and two billion dollars for their sixth private equity fund according to Bloomberg. The company plans to gather more than the $640 million it raised two years ago, although it will fall short of the $4 billion raised for [...]

Amazon’s Fire Smartphone: Top or Flop?
24 Oct
2014
By Financier.com Staff

Amazon’s Fire Smartphone: Top or Flop? »

Amazon recently unveiled its new smartphone called Fire, and it has been deemed a failure by Fortune writer JP Mangalindan who reports that the Fire smartphone has ‘failed to...

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The 5 Largest Companies by Revenue
24 Oct
2014
By Financier.com Staff

The 5 Largest Companies by Revenue »

There are at least 45,000 registered businesses in the world and only a few dozen of them are generating more than...

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Obama Administration Breaks Job Creation Record, Outlook Uncertain
24 Oct
2014
By Financier.com Staff

Obama Administration Breaks Job Creation Record, Outlook Uncertain »

The US Department of Labor of The United States recently reported a total of 2.04 million jobs...

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Europe’s Climate Affects Heineken Sales
23 Oct
2014
By Financier.com Staff

Europe’s Climate Affects Heineken Sales »

Heineken recently reported an unexpected drop in beer sales due to the wet weather in Europe according to the company’s CEO, Rene Hooft. Even though sales went up...

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Distilling Whiskey’s Risky Business
22 Oct
2014
By Financier.com Staff

Distilling Whiskey’s Risky Business »

Whiskey is currently the most popular drink in the world, accounting for 27% of the global spirits volume in 2013. The world consumed around 764 million gallons of whiskey in 2013 and consumption is expected to grow...

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