Apple Inc. (NASDAQ:AAPL)’s Sapphire glass supplier GT Advanced Technologies Inc (NASDAQ:GTAT) has filed a chapter 11 bankruptcy on Monday, which has shocked the investors and the street. Many concluded that the reason behind bankruptcy of GTAT might be the Apple’s exclusion of Sapphire display for iPhone 6 and 6 plus. Jo Ling Kent of Fox Business News explained the reasons behind GTAT’s bankruptcy on Fox Business. “There were reports before that iPhone 6 was going to have Sapphire glass and now that is no longer the case. The reason this company is going bankrupt is because they have actually built…
Author: Nina Todic
Last week, Netflix, Inc. (NASDAQ:NFLX) has made an announcement about the four-film deal with Actor/Producer Adam Sandler. All four feature films will be premiered for Netflix’s customers to stream and watch. Bloomberg’s Julie Hyman talked on Bloomberg TV about Netflix’s deal with Adam Sandler and the deals implications for the company. Hyman mentioned that when a new movie is released in theaters, it takes almost 2-3 months to make it available in video-on-demand and pay TV channels, which happens first. She added it takes almost 8-12 months for the streaming companies like Netflix, Inc. (NASDAQ:NFLX) to strike a deal with…
Yahoo! Inc. (NASDAQ:YHOO) is linked to an investment in Snapchat, a photo messaging app. Rumors suggest that the investment might value the start up at around $10 billion. Yahoo! Inc. (NASDAQ:YHOO)’s CEO, Marissa Mayer has been under consistent pressure to turn the company’s fortunes. The path she chose was to invest in social media app acquisitions. Many investors wonder, how this move would rejuvenate the core advertisement business of the company. Intermedia Managing Partners Leo Hindery and Bloomberg’s Thomas Giles talked on Bloomberg TV about Mayer’s interest in Snapchat and core business of Yahoo. Giles said that Snapchat is very…
Apple Inc. (NASDAQ:AAPL)’s most expected product next in line is the Apple Watch. For a number of reasons the manufacturing of these watches has been pushed back several times. Rosenblatt Securities Analyst, Brian Blair talked on CNBC about the delays associated with Apple Watch and reasons behind the delays. Blair said that the delays and push backs in manufacturing these watches shows the complexities involved in these watches. He added that the technology involved in Apple Inc. (NASDAQ:AAPL) Watch might leapfrog all the current available technologies associated with the wearable segment. “[…] I think the fact that production keeps getting…
Tesla Motors Inc (NASDAQ:TSLA)’s CEO, Elon Musk mentioned in a tweet about unveiling the Model D Vehicle in October 9th Event. “About time to unveil the D and something else,” was his tweet. ‘Something else’ in his tweet has sparked a lot of speculations and rumors about the October 9th event. Though, Musk mentioned in another tweet that the interesting words in his original tweet were unintentional and he was glad about not mentioning the other letter. Bloomberg’s Ian King talked to Cory Johnson about mystery behind October 9th event on Bloomberg TV. “There has been a lot of speculations…
Facebook Inc (NASDAQ:FB)’s ‘Real Name’ policy came under scrutiny over the last few weeks. Facebook has suspended accounts of some San Francisco Drag Queens, stating the violation of ‘Real Name’ policy. Meanwhile Facebook responded to the San Francisco Drag queens after a meeting with them and decided to amend its ‘Real Name’ policy. Sister Roma of the Sisters of Perpetual Indulgence talked to Bloomberg’s Cory Johnson about the talks with Facebook and the issue on Bloomberg TV. Facebook Inc (NASDAQ:FB)’s policy doesn’t allow the users to have Nicknames or alternate names as account name; instead they can be added to…
Apple Inc. (NASDAQ:AAPL) had a very successful iPhone 6 and 6 Plus launch on Sep 19 with the record breaking sales. With this Apple has made its mark on the ‘Phablets’ market which the competitors like Samsung were dominating. Apple made the tablets popular through the iPads, but the iPad sales were dipping in the past few quarters. Apple Inc. (NASDAQ:AAPL) is reportedly coming up with a brand new iPad design. CNBC’s Josh Lipton talked about the Re/Code’s report on Apple’s next event for new iPad launch on CNBC. “[…] Re/Code, the Technews site in which NBC universal is a…
Apple Inc. (NASDAQ:AAPL) acquired Beats Music and Electronics for $3 billion earlier this year. Apple Inc. (NASDAQ:AAPL)’s Beat Music like other music streaming services lets people listen to all the songs they want with a monthly subscription of $10. But Apple has come out with the thought that $10 per month is higher and is currently planning to cut the cost. Re/Code Co-Executive Editor, Kara Swisher talked to Jon Fortt on CNBC about the music streaming industry and the cost structure. Swisher mentioned about the Apple Inc. (NASDAQ:AAPL)’s feeling that there are a group of people who might not pay…
Google Inc (NASDAQ:GOOGL) has been developing a lot of futuristic ideas and innovations through its Google X facility. In the recent past Google has talked about some of these technologies like Glass, Lens, Driverless cars, etc. According to Dow Jones, Google Inc (NASDAQ:GOOGL) has been working on developing its large display technology. CNBC’s Jon Fortt and Kevin O Leary of ‘Shark Tank’ discussed on CNBC about Google’s large television display project called as ‘Google Display’. Fortt mentioned that the Google Inc (NASDAQ:GOOGL)’s large display technology uses the modular display option, where the consumer can keep adding small displays and make…
Google Inc (NASDAQ:GOOGL)’s semi-secret facility Google X has been working on a lot of future technologies. In a recent revelation from Dow Jones, Google X is reportedly working on a new technology to develop large-scale television display. CNBC’s Jon Fortt reported on CNBC about the Google’s secret TV Project. Fortt mentioned that according to Dow Jones, Google X’s large television display project is led by Former MIT Professor, Mary Lou Jespen. Ms. Jespen is an expert in the display industry and has co-founded three startup companies connected to the display technology. “[…] The idea here is modular display. […] Imagine…
Intel Corporation (NASDAQ:INTC) is the next tech company to enter the wearable space. Intel has announced the acquisition of San Francisco based wearable technology company, Basis in May 2014. This announcement has marked the entry of Intel into the wearable market. GM and VP of Intel, Mike Bell talked to Cory Johnson on Bloomberg TV about the new Intel’s Basis peak watch. Intel Corporation (NASDAQ:INTC)’s acquisition Basis’s first health tracker, B1 was launched in Dec 2012. But the latest Peak Watch does not just function as a health tracker but also as a smart watch. Smartwatch industry is already crowded…
Amazon.com, Inc. (NASDAQ:AMZN) has invested a lot in developing original contents for its streaming business. They intent to step up in the competition with Netflix, Inc. (NASDAQ:NFLX) in the streaming business. Amazon has recently announced in its media room article that two new full series will be available in Prime Instant Video from 2015, following customer reviews of the pilot episodes. Amazon.com, Inc. (NASDAQ:AMZN) announced earlier today that full season of two more original pilots ‘Hand of God’ and ‘Red Oaks’ will be made available for streaming. ‘Hand of God’ is a dramatic thriller and ‘Red Oaks’ is a comedy…