Next Fifteen reported on Tuesday morning a 13% increase in pre-tax profit for the six-months ending January 31. Revenue was up 4% organically in the period. North America was the bright spot, with revenue up 17%, while revenues were down in the UK, Europe, and Asia. The holding company owns Text100, Bite, Beyond, and M Booth, among other shops.
Google to explain Glass’ value in the workplace
Google Glass has gained acceptance in many workplaces but caused backlash in various social settings, like bars, where consumers value their privacy. With professional settings in mind, Google will launch a program on Tuesday to provide additional resources for business users, such as technical support.
Group calls for review of Chevy Impala airbags
Another issue for embattled automaker General Motors: the Center for Auto Safety said in a letter to the National Highway Traffic Safety Administration that Chevrolet Impala models from 2003 to 2010 may have a defect in their airbag systems. GM continues to face public and political outrage over its handling of malfunctioning ignition switches in the Chevrolet Cobalt that were not recalled for a decade.
White House’s challenges explaining Obamacare far from over
The Obama administration clarified its selfie policy on Monday: they are not banned in the White House after all, despite its annoyance at Samsung. Much more importantly, it is facing potential pitfalls explaining the fine print of the Affordable Care Act as consumers begin using their newly attained insurance plans.
Chinese officials give green light to Nokia-Microsoft deal
Nokia received crucial approval from Chinese regulators on Tuesday to sell its handset business to Microsoft for $7.4 billion. It has also gotten the go-ahead from the US Justice Department and the European Commission. The deal is expected to close this month.
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