Electronic Arts Inc raised its sales forecast for its highly anticipated videogame “Star Wars: Battlefront” as the company looks to tap into the loyal fan base of the iconic movie franchise. The company said it expected to sell 13 million copies of the videogame in its 2016 fiscal year, up from its previous forecast of 9-10 million units. The game is slated to launch globally on Nov
Read moreExpedia Inc on Thursday posted a rise in third-quarter profit that beat analysts’ estimates and said it now expects its takeover of Orbitz Worldwide Inc to yield greater benefits than previously anticipated. On an adjusted basis, it earned $276 million, or $2.07 per share, compared to the average analyst estimate of $265 million, or $2.02 per share, according to Thomson Reuters I/B/E/S. The stock surged 7.6 percent in after-market trade
Read more(Reuters) – LinkedIn Corp reported higher-than-expected quarterly revenue and profit as it earned more from its recruitment services business and benefited from the acquisition of training video company lynda.com. Shares of LinkedIn, the operator of the biggest social networking site for professionals, rose about 10 percent in extended trading on Thursday. Revenue in the company's Talents Solutions business, which connects recruiters with job candidates, rose 46 percent to $502 million in the third quarter.
Read moreApple Inc has asked the U.S.
Read moreBy Angela Moon NEW YORK (Reuters) – U.S.
Read moreBy Jussi Rosendahl and Leila Abboud HELSINKI/PARIS (Reuters) – Finnish network equipment maker Nokia reported stronger-than-expected quarterly profits as growth in China offset weaker demand in other key markets, and said it would return money to shareholders after acquiring Alcatel-Lucent . The tie-up will vault the new company into a stronger position to compete with Sweden's Ericsson and low-cost Chinese player Huawei [HWT.UL], in a market for telecom network gear where little growth and tough competition are pressing down prices
Read moreBy Robin Emmott BRUSSELS (Reuters) – Saudi blogger Raif Badawi, who has been sentenced to 1,000 lashes and 10 years in jail for insulting Islam and for cyber crime, was awarded the European Union's prize for human rights and freedom of thought on Thursday. Badawi received the first of his 50 lashes in January, prompting strong criticism in Western countries of the kingdom's human rights record, including its restrictive laws on political and religious expression and the status of Saudi women. This month in London, he was given the International Writer of Courage award and was co-recipient of the PEN Pinter Prize
Read more(Reuters) – British mobile payments company Optimal Payments Plc said it was investigating allegations that personal data belonging to some of its customers had been compromised and was available in the public domain. The company said the allegations were that the data breaches had occurred at two of its units in 2012 or earlier.
Read moreBy Deborah M. Todd MOUNTAIN VIEW, Calif
Read morePayment processor PayPal Holdings Inc , spun off from eBay Inc reported quarterly revenue slightly below analysts' expectations as a strong dollar hurt its transaction volumes in China and Europe. Shares of PayPal, which listed for the second time on the Nasdaq in July, fell 5.6 percent in extended trading on Wednesday.
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