Last year, United Parcel Service, Inc. (NYSE:UPS) was unable to deliver hundreds of shipments during the holiday season, which caused a lot of embarrassment for the logistics service. In order to tackle the surge and rush of deliveries in the holiday season this year, United Parcel Service, Inc. (NYSE:UPS) is hiring around 95,000 new seasonal employees, Bloomberg reported. The company said that many of the upcoming orders will be from its e-commerce purchases. Last year, 60% of all the deliveries were made from e-commerce orders. According to United Parcel Service, Inc. (NYSE:UPS,) package deliveries for the holiday season will start…
Author: Sean Johnson
Apple Inc. (NASDAQ:AAPL) recently released iPhone 6 and iPhone 6 Plus with an embedded mobile payment method which is getting a lot of appreciation around the world, but some experts think that this feature is not as innovative as touted in the media. In a program on CNBC, Gerhard Fasol, CEO Eurotechnology said that many Japanese smartphones have this technology already. This technology of mobile payment system is known as “Osaifu-Keitai” which means “Wallet Mobile”. He said that Japanese companies never marketed this feature outside Japan on an international scale, but Apple has an edge in this domain. He thinks…
BlackBerry Ltd (NASDAQ:BBRY) has announced that it has acquired Movirtu Ltd., a company which makes virtual SIM cards that makes it possible to have multiple phone numbers on a single device. BlackBerry Ltd (NASDAQ:BBRY) stock went up 6% to $11.92 on Thursday after the announcement of the latest acquisition by the company. Fox Business’s Nicole Petallides reported this and said that the new acquisition of startup gave a push to the phone giant. “It’s interesting, BlackBerry Ltd (NASDAQ:BBRY) may be looking at a company in the UK that allows you to have multiple telephone numbers on one device, I mean that…
Facebook Inc (NASDAQ:FB)’s Vice President, Vaughan Smith has said that many people ask him about when Facebook Inc (NASDAQ:FB)’s social media website will be allowed in China. He said that apparently, there is a very little chance that Facebook Inc (NASDAQ:FB)’s website will be allowed in China by the government. Smith was talking in a conference organized by World Economic Forum in Tianjin, China on Thursday. Discussing this issue in a program on Bloomberg, Zeb Eckert said that Chinese government has no plans to allow Facebook’s social media platform in China. “Chinese government is saying No, you cannot, and not…
Activision Blizzard, Inc. (NASDAQ:ATVI) has ceased yet another success in the video gaming industry. Its recently launched game, Destiny has broken all the records and the company has claimed that it has made $500 million on its first day in pre-orders. Experts are now seeing Destiny as one of the most profitable games in the coming months. Discussing Destiny’s success in a program, Bloomberg’s Television Contributing Editor, Jeffrey Hayzlett, said that console gaming is growing faster than ever because it allows the game enthusiasts to play with the best experience and environment. He said that mobile gaming does not provide…
McDonald’s Corporation (NYSE:MCD) has introduced a new concept called ‘McBrunch’. The company filed an application to trademark the term McBrunch back in July. Discussing McDonald’s Corporation (NYSE:MCD)’s new concept and its likely effects on its stock in a program, CNBC’s Carol Roth said that McDonald’s Corporation (NYSE:MCD) is not performing well the market and the basic reason behind this tumble is company’s ignorance about customers’ demands. She said that there is a very dilute chance that McBrunch will give McDonalds a boost in the market. She thinks that McDonald’s Corporation (NYSE:MCD) is not the leader in its domain anymore as the…
In a program on CNBC, Jason Helfstein from Oppenheimer and Co. discussed Alibaba and how its roadshow in the US has elevated the anticipation and buzz about its upcoming IPO, which is going to be the biggest in the history of US markets. Helfstein also discussed Yahoo! Inc. (NASDAQ:YHOO), which has a 22.4% stake in Alibaba and expecting a lot of market push after launch of Alibaba in the US. Helfstein said that Aibaba’s success speaks for itself. The company’s revenue growth went up by 41% to $11 billion and the company has depicted very strong margins of around 50%.…
Lorenzo Simonelli, General Electric Company (NYSE:GE) Oil & Gas CEO discussed company’s integration between different sectors and how it is using technology to refine its services in a program on CNBC. He said that Oil and Gas sector of General Electric Company (NYSE:GE) takes full advantage from other experts within the company. “The benefit we have of being part of GE is that we get this wealth, from the other General Electric businesses and we get wealth of the global research centers […],” said Simonelli. Simonelli claimed that GE Oil and Gas can use the expertise and knowledge base of…
Famous Chinese gambling company 500.com Ltd (NYSE:WBAI) faced some licensing issues earlier this year. The legal and regulatory issues are still a problem for the company and effecting its stock in the market. Discussing 500.com Ltd (NYSE:WBAI) in a program on CNBC, Jason Moser, Senior Analyst at The Motley Fool, said that regulatory problems are becoming more common with Chinese companies. He thinks that 500.com Ltd (NYSE:WBAI) must follow the established accounting and regulatory norms in order to attract the customers. Moser said that accounting irregularities in 500.com Ltd (NYSE:WBAI) are keeping investors away from it. Moser said that if we look at…
Nevada’s Legislature discussed a possible $1.25 billion package of incentives for Tesla Motors Inc (NASDAQ:TSLA) on Wednesday, but couldn’t agree on the key points. The incentives package includes tax abatements for Tesla Motors Inc (NASDAQ:TSLA)’s $5 billion “Gigafactory” which is likely to create around 6,500 jobs in the state of Nevada and will give a good name to it in terms of the car business. According to Los Angeles Times, Nevada’s governor, Brian Sandoval is very excited about Tesla Motors Inc (NASDAQ:TSLA)’s new factory and announced that the new factory will bring $100 billion in revenue for Nevada in the next 20…
In a program on CNBC, Jim Cramer discussed about the recent hacks involving Apple Inc. (NASDAQ:AAPL)’s iCloud, among others. Cramer claimed that companies around the world have their secret data on Cloud and this is increasing the need of efficient and smart security solutions. Consequently, companies providing security solutions and systems will experience profits and elevation in the market. Cramer said that Palo Alto Networks Inc (NYSE:PANW) is his favorite security stock because it is the leader in the market. “[…] PANW, the next generation network cyber security provider that may have the best technology in the business. Palo Alto…
Apple Inc. (NASDAQ:AAPL)’s newly launched iPhone 6 will have a feature that will allow its users to pay using their iPhone instead of credit cards. Tim Cook has claimed that Apple Inc. (NASDAQ:AAPL)’s new mobile payment service will change the way people make their payments forever. Discussing Apple’s new payment system in a program on CNBC, Blaine Hurst, Panera Bread Co (NASDAQ:PNRA)’s CTO said that his company completely trusts the new payment system of Apple and it will surely change the future trends. “I am not a future teller, but it clearly will play a significant role in the future, I…