Apple Inc. (NASDAQ:AAPL) is well known for its innovative products and introduction of game-changer technology to the market. But how hard it might be for the employees to come up with new innovations consistently? Couple of Former Apple Directors revealed their opinion about the work culture at Apple Inc. (NASDAQ:AAPL). CNBC’s Carl Quintanilla, Jon Fortt and Kayla Tausche talked on CNBC about the work culture in Silicon Valley. Quintanilla said that couple of Former Apple Inc. (NASDAQ:AAPL) Directors complained about the work culture at the company. They complained about long work days, inability to take real vacation and being expected…
Author: Nina Todic
Alibaba Group Holding Ltd (NYSE:BABA) made a breathtaking debut in US. But Few German internet companies tried to follow Alibaba’s footsteps and they could not emulate Alibaba’s success though. Bloomberg’s Leslie Picker talked on Bloomberg TV about latest news in the IPO market. Picker thinks that the timing of Alibaba Group Holding Ltd (NYSE:BABA)’s IPO was right and German companies like Zalando and Rocket Internet went public when the market wasn’t doing very well. She added that the German companies are looking at a very high valuation, which could have come out more successfully when Alibaba went public. Picker pointed…
BlackBerry Ltd (NASDAQ:BBRY) unveiled its brand new smartphone ‘Passport’ on Sep 24 launch event at London, Dubai and Toronto. The new smartphone from BlackBerry received good response from many, but the phone also had its share of detractors too. Meanwhile BlackBerry Ltd (NASDAQ:BBRY) are gearing up for the launch of yet another smartphone ‘Classic’ in couple of months. John Chen, Executive Chair and CEO of BlackBerry Ltd (NASDAQ:BBRY) talked on CNBC about the Passport phone and the company’s future. Chen said that he is very optimistic about the hardware growth with the launch of ‘Passport’ and expected launch of ‘Classic’.…
SAP SE (ADR) (NYSE:SAP) had a troublesome 2014 with its shares dropping significantly since the beginning of this year. SAP has started to move aggressively for M&A’s to compete against the other strong competitors in cloud space. Jonathan Marino reported on SAP’s plans to capture the lost grounds in cloud space in ‘The Street’. Marino reported that SAP SE (ADR) (NYSE:SAP) has planned for some acquisition to make their presence felt to competitors in the cloud space. He added that SAP has lost more than 17% stock price since the beginning of 2014. SAP SE (ADR) (NYSE:SAP) has earlier announced…
Like many other tech giants, International Business Machines Corp. (NYSE:IBM) was trying to get a big chunk of the cloud market. IBM is currently partnering with New York City (NYC) in developing a website to help the tech startups and enable the communication between startups, job seekers, investors and industry leaders. Details of the International Business Machines Corp. (NYSE:IBM)’s venture with NYC was published in a Bloomberg article. The new web portal developed by a New York based company, Gust is called as Digital.NYC. Bill de Blasio, NYC Mayor said about the web portal’s capability earlier today in Brooklyn. He…
DIREC TV (NASDAQ:DTV)’s deal with NFL for Sunday ticket package is expiring at the end of this season. Many were expecting that NFL would extend the deal with DIREC TV. As expected, NFL announced on Wednesday that they have signed a new agreement with DIREC TV. CNBC’s Julia Boorstin reported about the new deal between NFL and DIREC TV (NASDAQ:DTV) on CNBC. “DIREC TV and NFL have signed a multi-year deal to renew the Sunday ticket package,” Boorstin reported. She added that this is the final year of the previous agreement which was worth $1 billion per year. It was…
eBay Inc (NASDAQ:EBAY) announced earlier today that it would split with PayPal and both the companies would operate independently from 2015. Apple Inc. (NASDAQ:AAPL) has launched its mobile payment module, Apple Pay, which grabbed the attention of many. Many predicted that PayPal might have a major setback due to the launch of Apple Pay. Gabelli Funds’ Portfolio Manager, Barbara Marcin and Bloomberg’s Cory Johnson talked on Bloomberg about eBay’s decision to split with PayPal and Apple Pay. Marcin said that she expected that eBay Inc (NASDAQ:EBAY) might split with PayPal. She added that there was a huge amount of pressure…
T-Mobile US Inc (NYSE:TMUS) has taken some initiatives to push themselves ahead in the US Mobile Carrier industry. T-Mobile has recently launched a WiFi calling option along with iPhone 6, which enables its customers to use WiFi connection to make calls. Re/Code Co-Executive Editor, Walter Mossberg talked on CNBC about the new window of opportunity for T-Mobile. Mossberg said that T-Mobile US Inc (NYSE:TMUS) is one of the smallest mobile carriers in US and in order to make up for deficiency in network capability, they need to make use of WiFi connection for calling and remove the charges for such…
GoPro Inc (NASDAQ:GPRO) unveiled its three new cameras on Monday targeting consumers from amateur to professional level in photography. GoPro’s share price also soared up and reached an all-time high on Monday. Jim Cramer talked on CNBC about what’s diving the GoPro’s share prices up. GoPro Inc (NASDAQ:GPRO)’s ‘Hero’ Model camera at $129 targets the amateur consumers, whereas the ‘Her0 4 Black Editon’ at $499 and ‘Hero 4 Silver Edition’ at $399 targets the professional consumers. Cramer mentioned that both professionals and non-professionals wanted to use the new GoPro products. “[…] Professionals vs. Amateurs. Amateurs keep buying the stock, professional keep shorting it. Its now on that…
Tibco Software Inc. (NASDAQ:TIBX) was trying to find the potential buyer for its business for quite some time now. Recent announcements suggested that the software maker has agreed to a potential deal with Vista Equity Partners for $4.3 billion. CNBC contributor, Herb Greenberg talked on CNBC about the valuation of Tibco software. Tibco Software Inc. (NASDAQ:TIBX)’s current valuation of $4.3 billion was calculated based on a share price of $24 per share, which is 23% more than the Tibco’s closing price on Friday, $19.51. The valuation also includes the company’s debt of $19.8 million. It was rumored back in 2011…
Facebook Inc (NASDAQ:FB) acquired Instagram for $1 billion in 2012. This move by Facebook CEO, Mark Zuckerberg was criticized widely by many. In 2014, Facebook acquired Oculus Rift, the company which creates Virtual Reality headsets for $2 billion. Piper Jaffray’s Gene Munster talked on CNBC about the Facebook Inc (NASDAQ:FB)’s acquisitions and future strategy. Munster said that the survey conducted by Piper Jaffray indicated reduction in Facebook Inc (NASDAQ:FB)’s user engagement. He mentioned that the survey concentrated mainly on the US Teens. He added that the survey indicated a shift in engagement from Facebook onto the Instagram. “[…] So it…
GoPro Inc (NASDAQ:GPRO) shares soared to an all-time high in spite of the introduction of three new cameras earlier today. The main highlight of the GoPro’s new cameras is the introduction of new entry level low cost model ‘Hero’ at $129 to cater to a large variety of customers. CNBC’s Jon Fortt, Carl Quintanilla and Kayla Tausche discussed about GoPro’s new cameras on CNBC. Tausche mentioned that GoPro Inc (NASDAQ:GPRO)’s all three cameras will go on sale this Sunday. The entry level model ‘Hero’ has a battery capacity of just 2.5 hours, which might not be enough for all-day usage.…