In an interview on Yahoo! Finance, Jeff Macke hosted the Euro Pacific Capital’s CEO Peter Schiff for a discussion on the upcoming wave of the next generations of robots, which has already been under the way on a relatively small scale for the previous couple of years, what changes it may bring in the future, as well as what role companies like Google Inc (NASDAQ:GOOG) and Amazon.com, Inc. (NASDAQ:AMZN) could play in it. Schiff emphasized that automation and mechanisation are always positive and stressed that the benefits outweigh the negatives. “Automation, mechanisation that’s been a trend that has been with us for…
Author: Antonio B.
According to an article by Reinhardt Krause from Investor’s Business Daily, Brian Pitz, an analyst from the investment bank Jefferies Group LLC (NYSE:JEF), published an analysis of YouTube that sent a message to Google Inc (NASDAQ:GOOG) asking the YouTube’s parent company to break out at least some financial information about the digital product and urging other shareholders to demand the same from the company. The article said that Pitz reported YouTube’s market capitalisation similar to that of Netflix, Inc. (NASDAQ:NFLX)’s almost $30 billion, by putting it in a range between $26 billion and $40 billion. The valuation is significantly above…
Verizon Communications Inc. (NYSE:VZ) has reached today the largest settlement in the Federal Communications Commission’s history, by agreeing to pay $7.4 million in order to settle an investigation about its failure to send opt-out notices to approximately two million of its customers, meaning that it effectively unlawfully used the personal information of affected consumers for marketing purposes, FCC said today in a statement. In addition, the company has also agreed to inform all customers of their privacy and opt-out rights in every bill for the next three years. Verizon Communications Inc. (NYSE:VZ) did not inform approximately two million of its…
According to a Reuters report on Yahoo! Finance, U.S. district judge Edward Davila has approved in a brief order a settlement between eBay Inc (NASDAQ:EBAY) and federal antitrust authorities over eBay Inc (NASDAQ:EBAY)’s illegal agreement not to solicit a rival company’s employees. Under the terms of the settlement, eBay has to pay $3.75 million to compensate workers negatively affected by the no-poach agreements it had with its rivals as part of the settlement with California antitrust regulators, the article says. The company entered into a “gentlemen’s agreement” with Intuit Inc. (NASDAQ:INTU) in 2006, which involves former eBay Inc (NASDAQ:EBAY)’s…
Jason Moore, a Group Program Manager for OneDrive at Microsoft Corporation (NASDAQ:MSFT) announced today, on Microsoft’s official blog, about recent OneDrive updates for mobile apps. Microsoft Corporation (NASDAQ:MSFT)’s vision for OneDrive, its cloud storage service, is to “be the one place for everything in your work and life”. The Microsoft Corporation (NASDAQ:MSFT)’s service offers the ability to view both professional and private files, from anywhere around the world, and it is evolving continuously through updates. OneDrive updates are being separately developed for Android, iOS and Windows Phone 8.1, and the latest updates brought access and management for work files for Android,…
According to an article by Alistair Barr and Brian R. Fitzgerald from The Wall Street Journal, Google Inc (NASDAQ:GOOGL)’s search results were disrupted for approximately eight hours early Tuesday, before Google Inc (NASDAQ:GOOGL) apologized for the problem and said it fixed it. The search results of the search giant displayed numerous images of a bad car crash near a sign that says “stop” in Russian. Moreover, the crash image appeared to have endlessly repeated itself after a few appropriate results, after the filter got switched to “images”. The results prompted reactions on social media websites, where people speculated about the…
According to an article by ConsumerReports, Google Inc (NASDAQ:GOOGL)’s Glass, company’s newest wearable device, which is intended to be a mass-market ubiquitous computer, already raised privacy and other concerns. ConsumerReports said that when an individual chose to use a new technological product, they often choose to also compromise their own privacy. The trade-off is however one that users chose willingly for themselves. Google Inc (NASDAQ:GOOGL)’s Glass on the other hand, seems to be yet another device that exposes the privacy of other people, i.e. of the public. Privacy of surrounding people suffers because they may not know they are being…
According to an article by Reuters, a German regulator decided on Friday in favour of Google Inc (NASDAQ:GOOGL), by refusing to pursue a complaint brought against the company by a group of publishers for giving users access to their news articles. The German publishers thought that Google Inc (NASDAQ:GOOGL) is abusing its market power and brought a complaint to the “Bundeskartelamt” – Federal Cartel Office, Germany’s national competition regulator. The federal Cartel Office thought otherwise, and even warned publishers, according to the German newspaper Frankfurter Allgemeine Zeitung. The competition regulator stated in a press release: “The starting points for…
According to an article by Adam Jourdan from Reuters, China is stepping up to help its domestic software industry catch up with imported operating systems such as Microsoft Corporation (NASDAQ:MSFT)’s Windows and Google Inc (NASDAQ:GOOGL)’s mobile operating system Android. An official OS development alliance has been established in March this year. Reuters cited a report by the People’s Post, according to which, Ni Guangnan, who is a head of the alliance, was quoting as saying: “We hope to launch a Chinese-made desktop operating system by October supporting app stores.” There already are some Chinese OS, but there is a large…
JPMorgan Chase & Co. (NYSE:JPM)’s Senior Economist Jim Glassman joined todays Bloomberg TV’s “Bloomberg Surveillance” discussion with Martin Lindstrom, Author of “Buyology – Truth and Lies About What We Want” book. Firstly, Lindstrom discussed some of his findings in his new book, after which he and Glassman discussed strengths of the two approaches to commerce, farmer markets, retail and impulse and aspirational purchases. Lindstrom said that bricks and mortar, i.e. companies that have a physical presence and offer face-to-face customer experiences, tried to compete on price and volume versus e-commerce, such as Amazon.com, Inc. (NASDAQ:AMZN) for the past 15 years.…
Rick Engle, Principal Windows Technologist Specialist at Microsoft Corporation (NASDAQ:MSFT), wrote in a blog post on Microsoft Corporation (NASDAQ:MSFT)’s website about the new mobility tools the company created for government agencies worldwide. The mobility tools were developed thanks to Microsoft Corporation (NASDAQ:MSFT)’s Windows team cooperation with its field personnel and customers in many verticals. The U.S. government agencies indicated many times their interest in mobile and productive workforce, but are concerned about the associated risks. Microsoft Corporation (NASDAQ:MSFT) takes these concerns very seriously, according to Engle. Its Windows team collaboration with its field personnel and customers was designed to address the concerns. The…
A Forbes business article by Dorothy Pommerantz discussed Netflix, Inc. (NASDAQ:NFLX)’s culture of innovation, which helped the company to be nominated for as many as 31 Emmys, up from 14 last year, as well as landing the position as the 30th World’s Most Innovative Company on the Forbes annual list. Pommerantz noted that while all companies use “innovation”, “responsibility” and “freedom” when talking about corporate culture, to lots it is no more than a word, as behind the curtain, it’s business as usual. Netflix, Inc. (NASDAQ:NFLX) however, puts a lot of muscle behind the words, she wrote. She backs up…