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money buys happiness

Researchers prove that money does indeed buy happiness

February 13th, 2018

You’ve no doubt heard the old saying “money can’t buy happiness” at least a few times over the years, but new research suggests that it’s simply not true. As it turns out, money can indeed make a person happy, but exactly how much is needed to maximize the average person’s mood varies significantly from country …

Sprint reports big Q2 loss as it sheds 101,000 postpaid subs

July 28th, 2011

Sprint on Thursday reported greater than expected losses in the second quarter despite modest revenue growth. The nation’s No. 3 carrier pulled in $8.3 billion in its June quarter, up 4% from the same quarter a year prior, but it wasn’t enough to bring the company back into the black. Sprint’s net losses in the …

LG revenue hits $13.3B in Q2 on strong TV sales; mobile biz grows, still not profitable

July 27th, 2011

LG on Wednesday reported second-quarter earnings that showed notable growth, though the consumer electronics giant still hasn’t found a way to return its mobile business to profitability. The company’s revenue for the quarter reached KRW 14.4 trillion (U.S. $13.3 billion), up 9.3% sequentially. Following two straight quarters of losses, LG reported a net profit of KRW 108 …

RadioShack dumps T-Mobile, will offer Verizon instead from mid-September

July 26th, 2011

Verizon Wireless products and services have been noticeably absent from RadioShack’s wireless portfolio, but that comes to an end this fall. The nationwide retailer on Tuesday announced an agreement that will finally see it begin to offer devices from the country’s top carrier on September 15th. At the same time, The Shack announced that it will stop …

Sony Ericsson posts Q2 loss, blames Japan earthquakes

July 15th, 2011

Sony Ericsson on Friday posted a net loss of €50 million in the second quarter of 2011, blaming supply constraints resulting from devastating earthquakes that shook Japan earlier this year for the difficult quarter. The steep loss was not expected by the Street, and it is down from a profit of €12 million in the …

Google reports Q2 earnings; stock soars as revenue, EPS crushes the Street

July 14th, 2011

Shares of Google stock jumped more than 10% in after-hours trading following the Internet giant’s second-quarter earnings report. “We had a great quarter, with revenue up 32% year on year for a record breaking over $9 billion of revenue,” said Google CEO Larry Page in a statement. “I’m super excited about the amazing response to …

Android makes Microsoft more money than Windows Phone

May 27th, 2011

According to a report by Citi analyst Walter Pritchard, Microsoft may be making more money off Google’s Android operating system than it makes off its own Windows Phone platform — five times more, in fact. Pritchard states that as a result of a patent settlement, HTC is required to pay Microsoft $5 for every Android phone sold. …