Facebook Inc (NASDAQ:FB)’s CEO Mark Zuckerberg finally cleared the dust about some murky, controversial questions about his personality, his company’s moves and markets. He came to Facebook’s California Headquarter for one hour to answer the pre-submitted questions around the world, The Telegraph reported. Facebook Inc (NASDAQ:FB)’s CEO talked about his much controversial move about forcing Facebook Inc (NASDAQ:FB) users to download Messenger app on their mobiles. Telling the reasons behind this move, Zuckerberg admitted that the transition was not smooth as it was expected. But Facebook Inc (NASDAQ:FB) strongly believes that Messenger app makes messaging more fat and easy. You…
Author: Sean Johnson
Xiaomi, Chinese biggest smartphone market, which is wiping of Apple Inc. (NASDAQ:AAPL) from the local markets is now going get a milestone in the venture capital, Time of India reported. The company is in talks with investors and other sources to raise around $1.5 billion. This would be the largest raise ever outside of IPO in China by any company. Xiaomi is sweeping off every other smartphone market in the emerging markets. It offers great phones in less prices. Apple Inc. (NASDAQ:AAPL) has been already outsold by Xiaomi in China. The Chinese giant is also making strong endeavors in the US…
In a program, CNBC’s Mary Thompson reported that US based companies are having problems in finding the right talent in the technology sector. This can culminate into a long term problem. According to a recent report, one tenth of the six million jobs in the US in the third quarter was IT related. eBay Inc (NASDAQ:EBAY)’s PayPal has started its hiring spree. The company seems to experience difficulties in searching the right technology experts for its future endeavors. Thompson also quoted a report from the labor department, which says that by 2020, there will be a rise of jobs in the…
Imperial College London has invested £1.25m for the development of a drone testing lab. The lab’s construction will start in 2016 and it will be a testing place for unmanned robotic drones, The Guardian reported. The source quoted Dr Mirko Kovac, the director of Imperial’s aerial robotics lab, who said that the lab will open new horizons of research and development in the drones industry. He thinks that the usage purpose of drones is now shifting towards civil domain. Companies like Amazon.com, Inc. (NASDAQ:AMZN) and Google Inc (NASDAQ:GOOGL) are also investing heavily on drones. Amazon.com, Inc. (NASDAQ:AMZN)’s drone delivery program…
In a program on Bloomberg, AOL, Inc. (NYSE:AOL) Chairman and Chief Executive Officer Tim Armstrong talked about various ongoing projects and endeavors of his company. Armstrong said that AOL, Inc. (NYSE:AOL) is working to make advertisement mechanizing as easy as possible. He claimed that the company is getting immense revenue in ads. This revenue will convert into long term profits for the overall company. AOL reported $626 million revenue in the third quarter. He said that the company is successful in getting high traffic, new users and milestones. Revenue will be converted in profits very soon, Armstrong thinks. He said…
In a program on Bloomberg, Screenwriter Aaron Sorkin talked about his biopic on Steve Jobs. He said that Steve Jobs is one of the most dynamic and versatile personalities the world has ever seen. His innovation and perspective laid the corner stone for the modern technology industry. He disagreed with the notion that Apple Inc. (NASDAQ:AAPL)’s founder Steve Jobs has been featured in many movies and there is a saturation in the movie market. He said that if you invite ten different writers and ask them to write about Steve Jobs, you would get ten different versions of the biography,…
More than 7,000 entrepreneurs, money experts, technology enthusiasts and digital currency experts are attending Money 20/20 conference in the US. As expected, Apple Inc. (NASDAQ:AAPL) is the talk of the conference. Experts are predicting that Apple payment system can change the future of payments. Apple Inc. (NASDAQ:AAPL)’s mobile payment system revolves around NFC technology. User can just pay from his iPhone by placing his phone in front of detection equipment. A program on CNBC reported about Apple Inc. (NASDAQ:AAPL) Pay and the fame it got in Money 20/20 conference. The program showed some excerpts from the interview of American Express…
In an article on Wired, Steve Robinson talked about International Business Machines Corp. (NYSE:IBM)’s latest step in the Cloud domain. The company has launched a new Bluemix Garage platform, where developers, product managers and Cloud enthusiasts can come to network, discuss and develop Cloud based applications. The garage will be located in San Francisco’s famous place for Startup community: Galvanize. Robinson claimed that International Business Machines Corp. (NYSE:IBM) was working on this new platform since months. The source mentioned some of the pronounced aspects of the new platform. IBM can get ahead of Google Inc (NASDAQ:GOOGL) and Microsoft Corporation (NASDAQ:MSFT)…
In a program on Bloomberg, Former Chrysler Chairman and CEO Bob Nardelli and Bloomberg’s Matt Miller talked about Tesla earnings and how the company is reshaping its strategy. Tesla Motors Inc (NASDAQ:TSLA) has been currently involved in a war of words with The Wall Street Journal in regards to sales figure. Elon Musk claims that Tesla has hit record sales, but the journal insists that the company’s sales are declining in the US. Nardelli said that Tesla Motors Inc (NASDAQ:TSLA)’s CEO must be given full credit of the formidable innovation he has brought to the table. He has changed the market…
Facebook Inc (NASDAQ:FB) has announced that it has recorded as a significant increase in user data requests by governments around the world, Reuters reported. The social media giant received 34,946 requests for data in the first half of 2014. In the same time period, the data restriction rose up by 19%. These data restrictions were allegedly based on data and usage trends. Governments around the world are fearing a great and unprecedented rise in social media activity. This activity has given a clear damage to many governments. Google Inc (NASDAQ:GOOGL) also announced that it has seen 15% increase in request…
Microsoft Corporation (NASDAQ:MSFT) has announced that it is partnering with Dropbox after which, users will be able to access, manage and share their office documents directly from Dropbox mobile and web apps. Dropbox has also confirmed this in a blog post. The post claims that Dropbox is a home to over 35 billion Office documents. People daily use Microsoft Corporation (NASDAQ:MSFT) office and Dropbox to share daily documents. The new functionality will be launched in the mobile apps in the coming months. Sharing of documents through Dropbox and Office suite will be rolled out in the first half of 2015,…
Alibaba Group Holding Ltd (NYSE:BABA) has recorded a surge in the first quarterly report after its staggering IPO in the US. The company reported a 49% increase in gross value of merchandise sold. The revenues went up by 53.7%, beating its competitor Amazon, which recorded only 20% increase in the same period. Discussing Alibaba Group Holding Ltd (NYSE:BABA) in a program on Bloomberg, Alicia Yap, an analyst at Barclays Plc in Hong Kong said that Alibaba Group Holding Ltd (NYSE:BABA) has impressed the investors in each and every stream of report. She also seems positive about Apple Inc. (NASDAQ:AAPL) and…