Jonathan Marino reported on latest stock news in a program on The Street. He mentioned the Canadian Drug Company Tekmira Pharmaceuticals Corporation (NASDAQ:TKMR), Amazon.com, Inc. (NASDAQ:AMZN), The Walt Disney Company (NYSE:DIS) and Microsoft Corporation (NASDAQ:MSFT). Marino said that finally, there is an end of the battle between Amazon and Disney after which, Disney DVDs will be available on Amazon’s website for preorder. The Walt Disney Company (NYSE:DIS) and Amazon were in talks related to monetary issues, promotion and pricing. Amazon.com, Inc. (NASDAQ:AMZN) didn’t place any The Walt Disney Company (NYSE:DIS)’s DVD on its digital shelves for nearly two months. Marino said that…
Author: Sean Johnson
Bloomberg’s Manus Cranny reported in a program that users in mainland China are unable to access Yahoo! Inc. (NASDAQ:YHOO)’s website. Cranny claimed that the denial of access is perceived as an effort to block access to websites where people can share information with the outside world regarding the current unrest in China. Massive protests are ongoing in Hong Kong where students and general public are demanding their rights. The government has used tear shells to disperse the protestors for two days but a large crowd is still present in Hong Kong, demanding democracy. Bloomberg also reported that experts are seeing…
Russian authorities seem to be unhappy with the growing social media penetration in the country, which is giving a free play environment for the individuals and politicians to express themselves on famous social media websites like Facebook Inc (NASDAQ:FB), Twitter Inc (NYSE:TWTR) and Google Inc (NASDAQ:GOOGL)’s Google+. In an article on Quartz, Daniel A. Medina reported that Russian Kremlin’s telecommunications regulator, Roskomnadzor has notified Facebook Inc (NASDAQ:FB), Twitter Inc (NYSE:TWTR) and Google Inc (NASDAQ:GOOGL) that they would need to register themselves as “organizers of information distribution” rather than social media companies in Russia. This would mean that these companies will no…
In an article on Haaretz, Omer Shubert mentioned the probable end of Moore’s law, which prevailed the semiconductor industry since many decades, providing the chip makers with an insight and benchmark for development of semiconductor devices. The law was presented by Gordon E. Moore and touted that processing power and number of transistors in the chips double every two years. But the article now claims that Intel Corporation (NASDAQ:INTC), the leading chip maker, seeing the likely end of Moore’s law, is now moving to the unconventional grounds as well and searching alternative benchmarks to guide its R&D department. Shubert said…
Apple Inc. (NASDAQ:AAPL) is likely to face some troubles in Ireland amid the notice taken by European Union regarding Apple Inc. (NASDAQ:AAPL)’s tax payments in Ireland, Bloomberg reported. Apple Inc. (NASDAQ:AAPL) is allegedly involved in taking tax illegal aid from the Irish government. An EU commission will publish the details of the matter soon. Irish government has a tax rate of 12.5%, but investigations have found that Apple Inc. (NASDAQ:AAPL) paid a considerably low tax in the country. In an article, Guardian claimed that Apple paid low tax after an understanding with the Irish authorities. The article quoted a 2013 investigation…
Major US companies face unique hindrances during their efforts to move to China, a relatively problematic and unfriendly place for the companies, thanks to the strict governmental policies and legal issues. Tesla Motors Inc (NASDAQ:TSLA) is also facing some troubles in China during their process of installing charging stations for Tesla Motors Inc (NASDAQ:TSLA)’s car owners. According to an article on The Australian, Tesla Motors Inc (NASDAQ:TSLA)’s team faced a problem during the installation of a charging station outside a tea house. The problem was posed by property manager at the Tonghui Riverside residential complex. In Beijing, Tesla Motors Inc…
Oracle Corporation (NYSE:ORCL) is heavily focusing on Cloud platform amid the intense growth of Cloud related infrastructures in the Enterprise. Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS) and Infrastructure-as-a-Service (IaaS) are now emerging towards Anything-as-a-Service architecture which are highly valued by Oracle Corporation (NYSE:ORCL). On Sunday, Oracle Corporation (NYSE:ORCL) kicked of its Oracle OpenWorld expo in San Francisco. Speaking at the event, chief technology officer of Oracle Corporation (NYSE:ORCL), Larry Ellison explained some future prospects of the company and how it is a step ahead from salesforce.com, inc. (NYSE:CRM), Zdnet reported. Ellison said that Oracle Corporation (NYSE:ORCL) promised its users about Cloud platforms…
BlackBerry Ltd (NASDAQ:BBRY) has announced that its newly launched Passport phone is currently the number one selling unlocked phone on Amazon.com, Inc. (NASDAQ:AMZN). The company said that its partner, Amazon.com, Inc. (NASDAQ:AMZN) has told it that BlackBerry Ltd (NASDAQ:BBRY)’s passport phone is the number one demand of users on Amazon and it has crossed all the competitors. BlackBerry Ltd (NASDAQ:BBRY) launched the Passport phone on Wednesday. The company has great expectations from this phone. BlackBerry Ltd (NASDAQ:BBRY) has suffered in terms of market share in the past but experts are saying that Passport has the potential to bring the company…
The internet is currently flooded with the news and reviews about the upcoming social network, Ello. Ello’s main popularity feature is that it is dubbed as an anti-Facebook social network that will eat the biggest social media giant the internet has seen in the decade. In an article on The Guardian, Ruby J Murray compared Facebook Inc (NASDAQ:FB)’s website with Ello and predicted an end of Facebook Inc (NASDAQ:FB) between the lines. She said that currently, nothing can be said about how Ello will annihilate Facebook Inc (NASDAQ:FB) because the new social media platform is still not out. Recently, Ello’s…
American chip maker Micron Technology, Inc. (NASDAQ:MU) has impressed Wall Street by its fourth quarter reports. The company which specializes in making RAMs, SSDs and Flash memory devices beat all the estimates. After the reports, its stock surged 4%. According to Micron Technology, Inc. (NASDAQ:MU)’s fiscal fourth quarter report, the company’s revenue jumped by 49% to $4.23 billion. The Street’s Julia Sun reported on Micron Technology, Inc. (NASDAQ:MU)’s latest profits and said that that chipmaker has seen an 82 cents a share surge in its revenue, which beat the estimates by one cent. Sun also quoted Micron Technology, Inc. (NASDAQ:MU)’s…
In a program on CNBC, Carl Uminski, COO and co-founder of Somo discussed how social media platforms like Twitter Inc (NYSE:TWTR) and Facebook Inc (NASDAQ:FB) are seeing a huge engagement because of famous sports events. He said that activity on social media has given a great facilitation for the teams to see what their fans are thinking. “[…] It’s the first time that your fans can actually engage with all of your people in the hot sports business so therefore, now you can actually see behind the scenes […],” said Uminski. Answering a question about whether more fans and followership…
Apple Inc. (NASDAQ:AAPL) is currently facing its biggest humiliation in the market after several users posted complaints online that iPhone 6 Plus gets bent in their pockets. To check these claims, many experts performed some tests and found that Apple’s new iPhone 6 Plus can be bent with bare hands. These tests were posted online and Apple Inc. (NASDAQ:AAPL)’s embarrassment started which is currently seeing no end. BlackBerry Ltd (NASDAQ:BBRY)’s CEO has also jumped the bandwagon of Apple Inc. (NASDAQ:AAPL)’s critics. In an event in Toronto, John Chen, BlackBerry Ltd (NASDAQ:BBRY)’s chief executive officer challenged users by daring them to…