A number of fast food workers have been arrested for carrying out strong protests in New York City, Chicago, Detroit and other areas against low wages. Discussing the issue of wages in fast food chains in a program on Bloomberg, Patrick Doyle, Chief Executive Officer at Domino’s Pizza, Inc. (NYSE:DPZ) said that wages are very difficult to increase in the current situation of the fast food chains and the problem can only be solved by increasing jobs. He said that Domino’s Pizza, Inc. (NYSE:DPZ) is very bullish on the business and has a capacity to hire more workers. “[…] Right…
Author: Sean Johnson
Famous photo-sharing website Twitpic has announced that it is shutting down its operations on September 25 after a trademark dispute with Twitter Inc (NYSE:TWTR). The founder of Twitpic, Noah Everett released an announcement on Twitpic’s official blog and said that Twitcpic recently received a warning from Twitter Inc (NYSE:TWTR)’s lawyers which said that Twitcpic must abandon its service otherwise it will lose the access to Twitter’s API and code. Everett said that unfortunately, Twitpic does not possess the necessary resources to fend off a large company like Twitter Inc (NYSE:TWTR) and peruse the legal proceedings. Therefore, the company has decided to…
Facebook Inc (NASDAQ:FB) has decided to roll out its Privacy Checkup feature for its 1.3 billion users. In an official announcement, Facebook Inc (NASDAQ:FB) said that in the coming days, you will be able to see the option to test the privacy settings and see how your profile looks to everyone else. This feature will fade away all the privacy concerns of Facebook users around the world. Facebook’s privacy checkup will give control and customization of the security settings and make things easier for the beginners who don’t want to figure out complex security settings by exploring each and every option…
IFA 2014 trade show, one of the biggest consumer electronics trade shows has kicked off on Friday. Microsoft Corporation (NASDAQ:MSFT) has plans to reveal many new products at the show. In an article on Microsoft Corporation (NASDAQ:MSFT)’s official blog, Nick Parker, Corporate Vice President of the Original Equipment Manufacturer Division of Microsoft presented some new devices that are recently released by Microsoft and its partners. Parker said that Windows phones have seen an intense growth in the recent past. ARCHOS, Kazam and Yezz have announced Windows 8.1 phones at the IFA. Windows phones ecosystem has seen the addition of a new…
A Dow Jones report has claimed that Tesla Motors Inc (NASDAQ:TSLA) is going to build its Gigafactory for making Lithium-ion cells in Nevada. CNBC’s Phil LeBeau reported on this and said that Tesla has not confirmed the news, but the company is going to make an official announcement in Nevada tomorrow. LeBeau said that this news is not a surprise for many, since everyone has known for a while that Tesla Motors Inc (NASDAQ:TSLA) broke ground in Nevada earlier this summer. “[…] There are reports from Dow Jones that Tesla Motors Inc (NASDAQ:TSLA) has chosen Nevada as the location for its new Gigafactory,…
Baidu Inc (ADR) (NASDAQ:BIDU), Chinese web services company, has launched a new service that will help retailers to advertise on mobile devices for all the users of Baidu search engine, Reuters reported. This new feature will increase Baidu Inc (ADR) (NASDAQ:BIDU)’s revenues and will give it a huge boost in the market, as according to the statistics issued by the Chinese government, the majority of users in China access internet from their smartphones and mobile devices, rather than the PC. Baidu Inc (ADR) (NASDAQ:BIDU) recently announced a 58% increase in its revenue for the second quarter to around $1.9 billion. Its mobile ads business contributed…
Three notorious Chinese billionaires have reportedly teamed up to form an online shopping company to compete with Alibaba.com, the largest Chinese e-commerce website, owned by the wealthiest man in China, Jack Ma. Experts discussed this development in a program on Bloomberg ands said that Chinese companies are quickly making their way to the mainstream markets. Yahoo! Inc. (NASDAQ:YHOO) owns a 24% stake in Alibaba and any potential threat to the Alibaba group can increase worries of Yahoo because Alibaba is about to go public in the US and Yahoo! Inc. (NASDAQ:YHOO) is expecting Alibaba to take it out from the constant…
Apple Inc. (NASDAQ:AAPL) is set to launch iPhone 6 on September 9. The grand event will take place at the Flint Center for the Performing Arts at De Anza College in Cupertino. Apple Inc. (NASDAQ:AAPL) is also building a mysterious cubic structure at the Flint Center, which is currently wrapped in white barricade. There are also some reports suggesting near-field communication (NFC) mobile payment feature to be included in the iPhone 6. Adam Satariano, Cory Johnson and Paul Kedrosky discussed NFC support in iPhone 6 and other news related to Apple’s product releases in a program on Bloomberg. Adam Satariano said that nothing can be…
Google Inc (NASDAQ:GOOGL) and Amazon.com, Inc. (NASDAQ:AMZN) are two of the largest rivals in the tech space. Recently, Google Inc (NASDAQ:GOOGL)’s special projects lab, Google X, has announced that it is working on drone delivery system project called Project Wing, which can be seen as a reply to Amazon’s recent announcement of its own drone delivery system. Discussing Google’s potential in the drone delivery segment in a program on CNBC, Lou Basenese from Disruptive Tech Research said that Google Inc (NASDAQ:GOOGL) is going after Amazon.com, Inc. (NASDAQ:AMZN) in drone delivery space, but nothing should be assumed from the new Google X project.…
Amazon.com, Inc. (NASDAQ:AMZN) has announced that it is rolling out five new pilots in order to let the fans watch them free and decide whether the company should keep up with them or not. The third series of pilots include three comedies and two dramas. This will be the shortest of all the Amazon.com, Inc. (NASDAQ:AMZN)’s pilots released up till now. The first series had fourteen pilots whereas the second series included ten pilots. CNBC’s Julia Boorstin reported on this issue in a program and said that the third pilot series will be packed with big names. In July this year,…
salesforce.com, inc. (NYSE:CRM) has announced a new service to facilitate its customers in tracking their sales and customer services in a smart and unique way. The service is named as Salesforce1 Community Cloud. Salesforce Community Cloud will allow the companies to create their own LinkedIn-like communities where they can interact with their partners, employees, customers and other corporate entities in a unique way. Many companies including British Sky Broadcasting, Cornell University, GE Capital, Honeywell, Key Bank, are using the community Cloud-based platform for their internal interaction with the customers. salesforce.com, inc. (NYSE:CRM) has touted to give personalized, connected and…
In the program “FM Traders” on CNBC, experts discussed the stocks that can catch up in the coming months and have a potential to grow. CNBC’s Guy Adami chose General Electric Company (NYSE:GE) and Dan Nathan went with Twitter Inc (NYSE:TWTR). Adami said that although the company was not able to perform well in the market for many years, it has certain areas of growth which can provide it enough boost in the future. “[…] He [Jeffrey R. Immelt] is a great CEO with a stock that has not performed now for many years, unfortunately many years, and I think part of the…