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Turkey is a very attractive country for foreign investors due to the incentives offered by the authorities to entrepreneurs who choose to start a company in the special investment zones. So, our tip for foreigners looking for low costs and great benefits opportunities in Turkey is to open a firm in one of these zones: for technology development, industrial and free ones. The steps for starting a business in Turkey are the following: 1. Choose the company type Firstly, the foreign businessman has to choose the type of the company he wants...

With Twitter priced its initial price offering earlier today at $26 per share, the company finally rung the NYSE opening bell. The micro-blogging giant planned to sell 70 million shares out of total of 545 million outstanding shares while it will trade under the TWTR symbol. ...

Twitter announced Wednesday via its own official Twitter page that it priced its initial public offering at $26 per share. The price range which was been expected while the company plans to sell 70 million shares out of total of 545 million outstanding shares. The micro-blogging giant revealed back in September that it had filed for the offering while it released its S-1 form publicly only in early October. It is expected that the company will raise $1.82 billion from the offering. Twitter will ring the New York Stock Exchange opening...

Facebook today announced its third quarter 2013 earnings with reporting the revenue of $2.02 billion, an increase of 60% compared to same quarter a year ago. The company made revenue from advertising for the quarter was $1.80 billion, a 66% increase from the same quarter last year. Mobile advertising revenue represented approximately 49% of advertising revenue for the third quarter of 2013 while the payments and other fees revenue was $218 million for the third quarter of 2013. The daily active users (DAUs) for the quarter were 728 million...

After a long tiff and tuff, Dell today officially turned private under founder Michael Dell and Silver Lake Partners. The company announced the completion of its acquisition by Michael Dell and Silver Lake Partners.  The transaction was approved by company’s stockholders at a special meeting of stockholders held on Sept. 12, 2013. The terms of the merger agreement is that the company’s shareholders will receive $13.75 in cash for each share of Dell common stock they hold, plus payment of a special cash dividend of $0.13 per share...

Apple today reported its fourth quarter 2013 earnings for the period ending September 28, 2013. The company posted the revenue of $37.5 billion while the net profit for the quarter was $7.5 billion or $8.26 per diluted share. Gross margin reported was 37 percent while the international sale accounted for 60 percent of the quarter’s total revenue. The Company sold 33.8 million iPhones, 14.1 million iPads during the quarter and 4.6 million Macs during the quarter. “We’re pleased to report a strong finish to an amazing year with record...

Samsung this morning announced its third quarter with sharing that its third quarter profit jumps 26 percent as on compared to a year earlier while the net profit for the quarter was $7.76 billion (8.24 trillion won), compared to a profit of 6.56 trillion won a year earlier. The third quarter profit reported was 10.2 trillion won as compared to 10.1 trillion won which was expected as per guidance. The chip division profit got doubles to 2.06 trillion won while mobile business profit was recorded at 6.7 trillion won. The company is expecting...

Microsoft today reported its first quarter 2014 earnings. The company announced revenue of $18.53 billion for the quarter ended September 30, 2013 while diluted earnings per share for the period was $0.62 per share. Gross margin, operating income and net income for the quarter were $13.42 billion, $6.33 billion and $5.24 billion. “Our devices and services transformation is progressing and we are launching a wide range of compelling products and experiences this fall for both business and consumers,” said Steve Ballmer, chief executive...

LG today reported its third quarter 2013 consolidated revenue of $12.51 billion (KRW 13.89 trillion) while the operating profit for the quarter was $196.34 million (KRW 217.80 billion), an increase of 27 percent as compared to same period last year. The company’s Home Entertainment division reported revenues of $4.50 billion (KRW 5.01 trillion) while the operating profit was $111.68 million (KRW 124.40 billion). The company’s Mobile Communications division reported an increase in revenue by 24 percent to $2.75 billion (KRW 3.05 trillion)....

eBay at an event this morning announced that it has acquired a UK-based marketplace, Shutl which have been known for using a couriers network to deliver the local goods the very same day. As per the company, the acquisition meant to be bringing “technology, talent and expertise” to the eBay which will let the company reach its “goal of expanding its local delivery capabilities.” The new experience will now be something like this: Collections: groups of products that have been hand-selected from eBay’s more than 500 million...