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Business News of the Week 1/26/20-2/1/20
Vivo Overtakes Samsung for 2nd Spot in Indian Smartphone Market 1/26 Chinese smartphone firm Vivo has taken the second spot in the Indian market after surpassing rival Samsung!–Vivo’s annual smartphone shipment totals rose an impressive 76% from the previous year.–Samsung continues to struggle with lower price competition from Chinese smartphone producers as they have now… Read more
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The Single Best Acquisition of the 21st Century
Back in 2012, a fresh new app, powered by a team of just 13 employees, was starting to gain popularity for its unique and innovative way to share pictures online. As this app grew rapidly amassing millions of new users a month, another fairly similar yet far more popular app took notice and acquired it… Read more
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Why Standard Oil Was Not Actually a Greedy Monopoly
The Sherman Antitrust Act was established in 1890 to prevent market-leading companies from price-fixing, limiting industrial output, or any other business practice that excludes competition and harms the American consumer. Standard Oil is unanimously known as the all-time largest monopoly in U.S. history. It’s President, John D. Rockefeller, now serves a hallmark figure of evil… Read more
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