Franchise News
IBM Dispels Rumors Of Mass Layoffs Affecting 26 Percent Of Workforce
IBM dispelled rumors on Monday mentioning that the technology company is preparing for a mass layoff affecting 26 percent of its workforce.
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Sharp Corporation Shares Drop After Report Predicts Unfavorable Earnings
The Japan-based Sharp Corporation experienced a drop in shares on Monday following the publication of a report mentioning that the company will receive unfavorable earnings in the fiscal year ending in March, the Financial Times reports.
Uber Promises 50,000 New Jobs In Upcoming Partnerships With European Cities
Uber Chief Executive Officer Travis Kalanick recently announced at a conference in Munich that the company could create 50,000 jobs in a new partnership with European Cities, Pulse reports.
Qualcomm and Virgin Group Backs OneWeb Venture In Global Satellite-based Internet Access; Plans To Use 648 Tiny Satellites To Deliver Reliable and Low Cost Internet For All
Another innovation is underway as it was announced by Virgin Group and Qualcomm that they are investing to OneWeb's, formerly known as WorldVu Satellites Ltd., multi-billion project of building a satellite constellation that aims to bring internet access around the globe.
T-Mobile Launches New Prepaid Plans But MetroPCS Still Provides Better Value; Simply Prepaid Plans Offering Unlimited 4G LTE, Voice and Text
One good move that U.S. carriers should do to be on top is to offer products and services that would benefit its consumers. This is what T-Mobile is doing right now as it announced a new "Simply Prepaid" plan at an affordable price, in addition to T-Mobile's existing prepaid offerings.
Chipotle Suspends Pork Sales From A Third Of U.S. Locations; Supplier Fails To Meet Animal Welfare Standards
Chipotles suspends pork sales in a third of its locations in the U.S., after the supplier fails to meet the company's animal welfare standards.
Quiznos Appoints Doug Pendergast As CEO, President
Quiznos assigned Doug Pendergast as the new president and chief executive, following Stuart Mathis's resignation.
Blackberry Stocks Rise After News of Potential Buyout Offer From Samsung
Blackberry stocks rise after Reuters first reported Samsung's buyout offer to the company. Blackberry reportedly received a buyout offer worth as much as $7.
Ten Media Corporations Form Coalition To Test Drones For News Gathering
Ten United States-based media organizations announced on Thursday that they will form a coalition aimed at testing drones for news gathering in a partnership with Virginia Tech University.
Target Closes 133 Store Locations In Canada After Losing Over $2 Billion In Expansion Plans
Target announced on Thursday that it will close its 133 store locations in Canada due to an unfavorable market environment exacerbated by misguided pricing strategies and unreliable distribution networks.
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