The secret of modern technological evolution lies in the compression of the semiconductor spatial volumes and tech giants around the globe are investing millions of dollars to achieve next levels of progress in this domain. International Business Machines Corp (NYSE:IBM) has announced $3 billion commitment to semiconductor chips development. According to Bloomberg’s Betty Liu report on hot tech stories, this step by International Business Machines Corp (NYSE:IBM) is perceived as an effort to cease the long-term semiconductor researching the field on Nano technologies, silicon photonics and carbon nanotubes. Moore’s law has been driving the modern chips industry since long and…
Author: Sean Johnson
In a program on CNBC, Verizon Communications Inc (NYSE:VZ) Chairman & CEO, Lowell McAdam, explained in detail the company’s goals for the second quarter and looked quite optimistic about the earnings and achievements by the American broadband and telecommunications company. He said that issues of net neutrality and content delivery must not be mixed. “I think the issue of net neutrality and content delivery have been confused here. We’ve taken a very strong position on net neutrality. We will allow customers to connect to any lawful content. We won’t manipulate that traffic in any way that disadvantages our customers or…
Kim Kardashian, the reality-TV star, whose name has made its mark in jewelry, clothing and brand industry, has now a game with her name and it is becoming immensely popular. Kim Kardashian: Hollywood game was launched on 25th July and since then, it has been a hit and one of the most downloaded games on the Apple app store. People are reviewing it on the positive side as well. The developer of this game, Glu Mobile Inc (NASDAQ:GLUU), has gone up by 44% just because of this innovative game. Discussing the revenue and future prospects for the company because of Kim…
Annual Allen & Company conference at picturesque Idahoan mountain resort of Sun Valley is kicking off today. Allen & Company conference, known as the summer camp of the billionaires, takes place every year, conducted by influential investment bank, Allen and company. This year, a lot of tech moguls and tycoons are expected to attend Sun Valley. Bloomberg took a quick look on the richest tech moguls who are taking part in today’s conference. Google Inc (NASDAQ:GOOGL) is one of the top attendees this year. Two confounders of Google Inc (NASDAQ:GOOGL), Sergey Brin and Larry Page, are reported to be attending…
CNBC compared the two main tech giants, Google Inc (NASDAQ:GOOGL) and Alibaba.com in a report. Google Inc (NASDAQ:GOOGL) has revolutionized the technological world of today. One cannot think of the internet and research without Google which has taken innovation and creativity to the next level. Google was founded by Larry Page and Sergey Brin while they were Ph.D. students at Stanford University. Once merely a search engine, Google now rules the tech world, having an arsenal full of web services, mobile OS, Cloud services, and much more. Annual revenue of the company amounts to more than $59 Billion and it’s…
Brazil VS Germany semifinals of the Football world cup 2014 has rattled not only the football fans around the world, but also the markets. With 35.6 million tweets, Brazil Vs Germany football match became the most tweeted about sport event ever in the history of Twitter Inc (NYSE:TWTR). Discussing this development in a program on CNBC, experts said that the claims by Twitter Inc (NYSE:TWTR) are yet to be verified, but this is not a surprise as match was full of surprises and everyone was going crazy with the live updates of this historic match which has changed the historical threads…
The world is now relying massively on the smartphones. We use our smartphones daily for shopping, social media, gaming, transactions, business, and so many tasks. With the increasing penetration into the society, phones are also becoming vulnerable in terms of security and can be a target of hackers in the coming days. Speaking about the smartphone security domain in a program on CNBC, tbe COO of FireEye Inc (NASDAQ:FEYE), Kevin Mandia, discussed the future of the smartphone security domain and told some useful tips for general security in day to day use of technology devices. “I think the threats always go…
CNBC’s Sara Eisen reviewed some of the hottest food stocks. The first food stock to look for is Annies Inc (NYSE:BNNY), the maker of popular organic mac n’ cheese, bunny crackers and other snacks. Annies Inc (NYSE:BNNY) was hit hard though and came down by 19 percent last fiscal year because of some misstatements. CNBC reported that stock is down by 20% this year and is struggling with high cost of commodities, new products and manufacturing but still, investors are weighing it on the positive side because sales of Annies Inc (NYSE:BNNY) are really good. Another food stock to watch…
Samsung has released the second quarter profits report, which has clearly missed the estimates made by the market experts about the world’s biggest phone maker. Samsung is facing immense competition in the market because of the Chinese competitors like Xiaomi and Apple Inc (NASDAQ:AAPL), its all-time rival which is about to launch the iPhone 6. In a program on Bloomberg, Schroder Investment Management’s James Gautrey said that there are a number of reasons why Samsung is lagging, Chinese competitors, and Apple Inc (NASDAQ:AAPL) iPhone 6 is some of them. Answering the question about how Chinese competitors are taking on Samsung…
The for-profit company, Corinthian Colleges Inc (NASDAQ:COCO) has announced that they are going to sell 85 of its career-education campuses nationwide and shutter a dozen. This huge development in the education sector has rattled the education stocks. Discussing this major selling decision by Corinthian Colleges Inc (NASDAQ:COCO) in a program, CNBC contributor, Herb Greenberg, said that that this is a huge setback for Corinthian Colleges Inc (NASDAQ:COCO) and Corinthian Colleges had to take this step because of the strict policies by the government for colleges that are not sticking to rules and regulations. He also said that the other companies will…
Dow Jones industrial average fell below 17,000 today as investors wait for the quarterly reports which will help them determine the future moves. Twitter Inc (NYSE:TWTR) came down by 7%. Discussing the reasons behind Twitter’s sell off in a program at CNBC, experts shared different thoughts on Twitter market future. Robert Peck, analyst at SunTrust Robinson Humphrey, said that Twitter Inc (NYSE:TWTR) came down but there are great chances that it will go high in the coming days. According to Peck, Twitter is still a buy stock. Peck said that Twitter Inc (NYSE:TWTR) recently fired the COO and hired a new…
Alcoa Inc (NYSE:AA), the world’s third largest producer of aluminum, has been boosted its industrial products manufacturing and delivered its second-quarter numbers after the closing bell. In a program, CNBC’s Morgan Brennan took a look on how Alcoa is rebranding itself and how it can affect the future market graph of the company. Brennan said that Alcoa was regarded as the worldwide leader in aluminum production but now, Alcoa Inc (NYSE:AA) has rebranded into a lightweight material engineering company amid the fact that it produces materials airplanes, autos, heavy trucks and construction which do use aluminum as a primary product…