The hype surrounding the Alibaba Group Holdings Ltd (NYSE:BABA)’s IPO keeps growing day by day. Expectations are that the IPO could generate around $20 billion, making it the biggest public offering in the US Market, even surpassing the Facebook Inc (NASDAQ:FB). President of China Beige Book International, Leland Miller talked on CNBC about the future of Chinese economy and its impact on the Alibaba. Miller thinks that there is a misconception among the investors that if more cash is put into the market, things might get better. He pointed out that the main problem in the last quarter was loan…
Author: Nina Todic
Alibaba Group Holdings Ltd (NYSE:BABA) is all set to rock the US Market through the largest ever public offering on Friday. Yahoo! Inc. (NASDAQ:YHOO) might also use this IPO to reverse this fortunes and get back on track. Expectations are that this IPO could raise as much as $25 billion, making it the biggest IPO in the history. CEO of Blur Group, Philip Letts talked on Bloomberg about the IPO and the right time to invest in the company. Letts mentioned that Alibaba Group Holdings Ltd (NYSE:BABA) is a really successful company with a brilliant track record in e-Commerce business. He…
BlackBerry Ltd (NASDAQ:BBRY) has lost ground recently in the smartphone market. In order to recapture the high end smartphone segment, they have unveiled their brand new Porsche Design P’8893 smartphone in partnership with Porsche Design Luxury brand in an event in Dubai. BlackBerry’s Porsche Design P’8893 model was unboxed and unique features of the model were discussed in a BlackBerry blog article. BlackBerry Ltd (NASDAQ:BBRY)’s Porsche Design P’8893 smartphone runs on BlackBerry 10.3 OS, which guarantees highly productive, power packed and most secured performance of the device. This phone also has stunning looks with glass-like QWERTY keyboard, which provides an…
Google Inc (NASDAQ:GOOGL) is in the process of expanding their Fiber business by enabling faster internet service to multiple cities in US. In an effort to speed up this effort, they hired former Senior VP and GM of QUALCOMM, Inc. (NASDAQ:QCOM), Dennish Kish as the new boss of their fiber business. Kish replaced Milo Medin as the VP of Google Fiber. Details of Kish’s appointment and his goals for the company were described in a ‘CNET’ article. Kish has taken up the proceedings with Google Inc (NASDAQ:GOOGL) Fiber since July, but was first reported earlier this week by the WSJ.…
Facebook Inc (NASDAQ:FB) currently has a complicated process to share the private moments with just selected few friends and family members. It is rumored that in an attempt to make it simple, Facebook has launched a new app named ‘Moments’, which enables simpler micro-sharing. Details of the new Facebook app was described in a ‘TechCrunch’ article. Facebook Inc (NASDAQ:FB) employees are currently testing the functionalities of the app for fixing the bugs. The new app allows the user to create different set of tiles, each of which represent different set of close friends and family members. The user could be…
Alibaba Group Holding Ltd (NYSE:BABA) is all set to hit the road in US market with their public offering in few days. Hours before their final opportunity to pitch in to the investors in their roadshow in London, Forward3D CEO, Martin McNulty talked on Bloomberg about Alibaba IPO and its impact on Amazon.com, Inc. (NASDAQ:AMZN). McNulty thinks that the Alibaba Group Holding Ltd (NYSE:BABA) IPO is incredibly significant. He mentioned that the eastern business of this huge magnitude has never locked on into the western business and this public offering might be the first such event. He feels that the…
NASA has decided to give the contract to build Space Taxi’s to The Boeing Company (NYSE:BA) and Elon Musk’s space transport service company Space Exploration Technologies Corporation (SpaceX). CNBC’s Andrew Ross Sorkin reported on CNBC about the NASA’s contract to build Space Taxi’s. Almost all the NASA’s recent development funds on space transportation technologies, which sums up to around $1.5 billion, has gone to The Boeing Company (NYSE:BA) and Elon Musk’s SpaceX, which shows the confidence that NASA have on these aerospace companies. This confidence has pushed NASA to award the new contract to carry astronauts to the space stations to…
BlackBerry Ltd (NASDAQ:BBRY)’s instant messaging app BBM’s popularity among the Blackberry mobile users prompted the company to launch the app for other mobile OS like Android, iOS and Windows. The BBM Channel is now available for users in the Social Media Management system, Hootsuite. Hootsuite announced through guest post in the Blackberry blog about the integration between them and the BBM Channels. Hootsuite’s user interface dashboard helps the user to integrate almost all the social media networks like Twitter, Facebook, LinkedIn, etc. Many video streaming sites like YouTube, Vimeo, Tumblr are also available to users for integration through Hootsuite. Hootsuite…
Apple Inc. (NASDAQ:AAPL) launched their new mobile payment product, Apple Pay. This product allows the user to use their iPhone to make their payment without using any cards. This is a brand new innovation in the Payment business. Manhattan Venture Partners Max Wolff and NYSA Managing Partners Hans Morris talked on CNBC about the Apple Pay product. Morris thinks that these ideas of using mobiles and cards for payments was nothing new and many successful companies have tried a lot of these in the past. He added that people in US would never mind using their credit cards to make…
Amazon.com, Inc. (NASDAQ:AMZN)’s Founder and CEO, Jeff Bezos was interested in the space technologies for decades. Bezos has come up with a startup for space exploration due to his space ambition and in a recent turnaround, this start up will be work with The Boeing Company (NYSE:BA) team to build a Space taxi for NASA. CNBC’s Becky Quick talked about the Wall Street Journal report on CNBC. Quick reported that the CEO of Amazon.com, Inc. (NASDAQ:AMZN) has added another feather to his cap, by adding space exploration to the well-known online shopping and newspaper business. Bezos has set up an…
Netflix, Inc. (NADSAQ:NFLX) is the global leader in internet television with over 50 million subscribers in around 40 countries. Increased popularity of online streaming aided Netflix in their incredible growth in the last few quarters. FBN’s Laurel Simonetti reported on Netflix’s plans in Europe on Fox Business. Unites States has been the primary market for Netflix, Inc. (NADSAQ:NFLX) with around 32.3% Internet TV market share. They have also expanded into more than 40 countries around the globe. Netflix, Inc. (NADSAQ:NFLX) has already made its presence in European markets by first launching their streaming service in UK and Ireland in 2012.…
As Autonomous self-driving Cars are becoming increasingly popular, Tesla Motors Inc (NASDAQ:TSLA) also has joined the race with other automakers in manufacturing and selling ‘auto-pilot’ cars. Tesla CEO, Elon Musk talked in Japan about the company’s plans for automated cars and future of that sector to the Japanese website, ‘The Nikkei’. Musk said that the company could come up with partially automated vehicles in three years. He added that the fully automated vehicle might take around five to six years to mature. Musk also hinted about the partnerships with other companies for some components for these vehicles. “The overall system…