July 29, 2014

Tuesday, July 29, 2014

Twitter shares soar on news of a surge in growth and profits

There’s a lot of tweeting going on these days. Twitter’s stock reportedly jumped  at least 30 percent today after it revealed better than expected second-quarter earnings. The chatty social network reported $312 million in revenue beating a forecast of $283 million in revenue. Also, Twitter delivered more good news about a surge in users. In the second-quarter, the micro-blogging site […]
Tuesday, July 29, 2014

Judge rules against Donald Sterling, Clippers deal to move forward

The NBA is high-fiving a ruling by Los Angeles Superior Court Judge Michael Levanas clearing the way for that $2 billion dollar Clippers deal to move forward. Judge Levanas decision yesterday gives a huge victory to Shelly Sterling. In the probate trial, Donald Sterling claimed his estranged wife had defrauded him by taking control of the Sterling Trust and negotiating that multi-billion […]