Facebook Inc (NASDAQ:FB) is rushing towards achieving massive milestones in the ads business. Google Inc (NASDAQ:GOOGL) being the trademark company in the field of ads, still outplays Facebook, but the social media giant’s latest quarterly reports depicts how quickly it can come near Google to compete in ads Facebook Inc (NASDAQ:FB) ads revenue increased by 64% to $2.96 billion in the quarter. In a program on Bloomberg, Ron Jewell, chief executive officer at Sprucemail talked about the reasons behind Facebook Inc (NASDAQ:FB)’s surge in ads business. Facebook Inc (NASDAQ:FB) reported 59% growth in sales. The revenue is $3.2 billion. Mark Zuckerberg…
Author: Sean Johnson
Renren, China’s famous social media platform which was regarded as the future Facebook Inc (NASDAQ:FB) of China is now rushing towards its probable end. The company has lost more than three quarters of its value since its launch in 2011. Analysts are expecting that it will go by 18% in the next year to $2.74. The company’ interface, user experience and audience has have tumbled massively. In a program on Bloomberg, Yvonne Man said that so called Facebook Inc (NASDAQ:FB) of China is no more the talk of the town. It has lost its fame and users. Back in 2011,…
There is a lot of buzz about Apple Inc. (NASDAQ:AAPL) Pay these days. While retailers are ditching Apple pay for their own payment system, some experts are also questioning the claims made by Apple about its mobile payment system. In a program on CNBC, Michael Fertik, Reputation.com founder quoted an official from Apple Inc. (NASDAQ:AAPL) who has claimed that the company’s new payment system will not track users’ transactions and history. Fertik thinks that Apple Inc. (NASDAQ:AAPL)’s official is an honest guy but this statement of his is for marketing purposes and there is nothing to brag about in this.…
In a program on CNBC, Investor Kevin O’Leary praised Apple Inc. (NASDAQ:AAPL) and said that the news about potential partnership between Alibaba and Apple is huge for investors. O’Leary thinks that Apple Inc. (NASDAQ:AAPL) has everything for every investor. It is a dynamic company, attracts other big companies and yields great results for investors. Currently, Alibaba Group Holding Ltd (NYSE:BABA)’s CEO Jack Ma is in the US where he is in talks to buy content from Hollywood giants for streaming it in China. Jack Ma talked about a likely partnership with Apple regarding its newly launched mobile payment system, Apple…
Tesla Motors Inc (NASDAQ:TSLA)’s CEO Elon Musk filled his audience with dread last week while talking in a symposium at MIT AeroAstro Centennial. Musk perceives Artificial Intelligence as one of the biggest existential threats to humanity. While scientists and technology enthusiasts couldn’t wait to get a breakthrough in AI, Musk reminded all of us how robots and AI filled machines can cause a havoc. Mr. Musk righty cautioned the mankind. While the technology industry seems to be touching its pinnacle at the moment; a point where smartphones and computers are unable to exploit their own hardware power, experts are now…
In a program on The Street, Ruben Ramirez reported that Facebook Inc (NASDAQ:FB) will report its third quarter earnings after market close on Tuesday. Analysts are expecting a lot from the social media company. Ramirez talked to Wedbush Securities’ Shyam Patil. Patil is very optimistic about Facebook’s revenue. He said that the company will report a double digit revenue increase from ads business. Facebook Inc (NASDAQ:FB) will report a strong quarter because it has recently revamped its ads business, invested in some products and the company’s overall stock price is strong. Patil claimed that all his agency partners and experts…
In a program on The Street, J.R. deBart reported that Alibaba Group Holding Ltd (NYSE:BABA) is beefing up to launch its content streaming services in China. The content will be bought from the heart of the movie industry, Hollywood. Jack Ma is currently in the US where is he visiting Hollywood and other centers of movies and content. Ma said that Alibaba Group Holding Ltd (NYSE:BABA) is looking for partners in this business. This is a very important statement from Ma as before today, it was perceived that Alibaba Group Holding Ltd (NYSE:BABA) is going all alone in the content…
Alibaba Group Holding Ltd (NYSE:BABA) is ready to make a plunge in the content business. The company is in talks with Hollywood content producers to buy content to stream in China. If Jack Ma gets success in content back in China, the company will soon be landing in the US to challenge major streaming giants. In a program on Bloomberg, UCLA Visiting Assistant Professor, Christopher Spicer, said that deal between Hollywood and Alibaba Group Holding Ltd (NYSE:BABA) is a huge development and can turn the course of content in the markets. He said that Alibaba has already a well-established online…
In a program on The Street, Daniel Beckerman, President of Beckerman Institutional talked about Yahoo! Inc. (NASDAQ:YHOO) and Morningstar and said that these two companies are undervalued and not given importance in the market. He said that Morningstar gives a good buying opportunity and trades well in the market. Technology outburst has provided almost everyone to do research about smart investment decisions in the market. Morningstar, Beckerman thinks, helps other people in smart investments. Answering a question about Yahoo! Inc. (NASDAQ:YHOO)’s latest quarterly reports and why the company is not respected among the investors even after the good results,…
In a program on CNBC, Jon Steinberg, Daily Mail North America CEO, and the “Squawk Alley” team discussed the ascension of Sundar Pichai, former head of Android in Google Inc (NASDAQ:GOOGL) and executive Vice President. As a result of a latest management shakeup in Google Inc (NASDAQ:GOOGL), Pichai has been promoted to number 2 after Google’s CEO. Pichai is now head of Google Inc (NASDAQ:GOOGL)’s apps, Android, search and ads. This makes him practically the boss of every important aspect of Google’s core business. Pichai had a key role to play in the launch of Google Inc (NASDAQ:GOOGL)’s Chrome…
In a program on CNBC, Neil Doshi, CRT Capital Group, talked about Twitter Inc (NYSE:TWTR)’s stock. Doshi is very optimistic about Twitter and thinks that the company has made a formidable progress since its IPO. Twitter is up by 80% since its launch. Doshi said that markets are smooth for Twitter Inc (NYSE:TWTR). Events like Ferguson, iCloud breach, sports events and other political activity around the world are imbibing new users towards Twitter Inc (NYSE:TWTR). Twitter Inc (NYSE:TWTR) is becoming a canvas of expression where everyone gets a feel of colossal interaction and active communication. This is the reason behind Twitter’s…
In a program, CNBC’s Mary Thompson reported that Apple Inc. (NASDAQ:AAPL)’s mobile payment system is already under fire and problems from the famous retailers. Recently, famous pharmacy stores Rite Aid and CVs have rejected to allow Apple Inc. (NASDAQ:AAPL)’s mobile payment system as a valid payment method at their chains. The company has removed NFC equipment at its point of sales terminals. Apple is not the only company which is under fire from pharmacy giants. Google’s Wallet and Softcard are also no acceptable at Rite Aid. Rite Aid has issued statement and said that the management of the company…