The way that you should look at the just-announced demise of the Facebook Gifts feature is as a step in the evolution of e-commerce on the site. For Facebook Credits, the virtual currency that powered the marketplace of virtual knickknacks, the training wheels are now off. E-commerce on Facebook has moved beyond the relative safety [...]
Recalibrating the rumor clock, Kotaku claims Microsoft will offer a $199 version of its new piano-black, slim-style Xbox 360 this fall. That’s based on a marketing Q&A document that reportedly answers the question “Will you sell a $199 version of the new Xbox 360?” with a pretty unambiguous “We will offer a $199 Xbox 360 [...]
Constellation Brands Inc.’s fiscal fourth-quarter loss narrowed significantly amid $468 million in year-earlier charges as sales declined. On an adjusted basis, the company posted a profit that beat analysts’ forecasts. The biggest global winemaker also projected new-year earnings of $1.53 to $1.68 a share. Analysts surveyed by Thomson Reuters expect $1.77. The new outlook “reflects [...]
AstraZeneca PLC said Monday that its cancer drug Recentin failed in a head to head late stage trial with Roche AG’s Avastin in tests for use as an initial treatment against colon cancer.
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