Amazon.com, Inc. (NASDAQ:AMZN) announced in the last week of August about acquisition of the video game streaming site Twitch for $970 million in cash. The video streaming site has reported a monthly user base of around 55 million. CEO and Co-Founder of Twitch, Emmett Shear talked on CNBC about the acquisition and opportunities ahead of them through the deal with Amazon. Two weeks after the deal with Amazon.com, Inc. (NASDAQ:AMZN), the Twich CEO, Shear said that he still feels like operating an independent company. He pointed out that the integration plans with Amazon is still being worked out. Shear feels…
Author: Nina Todic
Facebook Inc (NASDAQ:FB) took an initiative to improve quality of the ads by giving control to the user to decide on the ad viewing. The intention was to make sure that the user sees the ads that are aligned to their interests. CEO of Daily Mail North America, Jon Steinberg talked with CNBC’s Jon Fortt and Kayla Tausche about the Facebook’s ad initiatives on CNBC. Steinberg thinks that this initiative is a great news for Facebook Inc (NASDAQ:FB) and its investors. He thinks that this might provide the quality score for Facebook advertisements. “[…] Google pioneered this with making bad…
BlackBerry Ltd (NASDAQ:BBRY) might launch their Passport phone at the launch events on September 24. Blackberry came up with this brand new phone to compete against the likes of iPhone 6 and 6 Plus. Many people had an opinion that the Passport might turn out to be a flop. Gadgets blog ‘The Verge’ had opened a poll to its readers with the title “Which new smartphone has you fired up?” The results of this poll were revealed in the Blackberry’s blog article. The latest smartphone options provided in the poll by ‘The Verge’ included Apple Inc. (NASDAQ:AAPL)’s iPhone 6/6 Plus, BlackBerry…
Burger King Worldwide Inc (NYSE:BKW) has been treating its customers with delicious burgers for the last six decades. They kept adding new items to their menu with their innovative approach. In a recent bizarre move, they introduced all black burger in Japan. CNBC’s Amanda Drury and Brian Sullivan talked about the Burger King’s ‘Black Burger’ on CNBC. Drury mentioned that the new burger was named as ‘Kuro Burger’ in Japan. ‘Kuro’ in Japanese refers to Black. “[…] The Bun is kind of black with bamboo charcoal. The patties have black pepper and the onion and garlic sauce has squid ink…
Sprint Corporation (NYSE:S) named Marcelo Claure as their new CEO in August. He replaced long-time CEO of the company, Dan Hesse, who served the organization from Dec 2007. Hesse took this company from a start-up to a telecommunication giant. CNBC’s David Faber talked to Sprint’s new CEO, Claure in CNBC about his plans for the company’s future growth and iPhone 6 launch. It was expected by many that Sprint Corporation (NYSE:S) would go for a merger with T-Mobile US Inc (NYSE:TMUC), but that did not materialize. Due to this, Sprint’s stock price went tumbling down by 18%, under $6 per…
Google Inc (NASDAQ:GOOGL)’s Android OS and Apple Inc. (NASDAQ:AAPL)’s iOS compete fiercely to capture the market share with Android leading the race now. Amidst all the competition and rivalry, they need to work with each other in order to make sure that they don’t get in the way of day to day work of a consumer. Google has introduced its latest iOS sync in their blog. Google Inc (NASDAQ:GOOGL)’s iOS sync for their apps is primarily to provide security to files, mails and documents on the users iOS based phones/phablets/tablets. The iOS sync integrates directly into the apps like Google…
T-Mobile US Inc (NYSE:TMUS) unveiled a plan to do free calling and texting through Wi-Fi to all its customers. T-Mobile’s CEO, John Legere, made this announcement on Wednesday in the company’s Uncarrier 7.0 event. CNBC’s Jon Fortt reported about this announcement and the Fast Money crew discussed on the implications of this announcement in CNBC. Fortt said that this announcement has raised some fears in other companies that their subscribers might switch to T-Mobile US Inc (NYSE:TMUS). He mentioned that the announcement from T-Mobile CEO comprises of two major things. Firstly, the provision to make free texting and calling through…
Intel Corporation (NASDAQ:INTC)’s stock has seen unprecedented growth in the last 1 year. The stock price has increased by 35% in 2014 to $35 per share. They reported a second quarter gross margin of 64.5%, which was 1.5% more than their original estimate of 63%. Intel CFO and Executive VP, Stacy Smith talked on ‘TheStreet’ about the company’s strategy. Smith thinks that Intel Corporation (NASDAQ:INTC) could maintain such high gross margins, mainly due to leadership in products. He pointed out that innovation is the key aspect behind the company’s success in achieving such high standards. He said that they can…
Apple Inc. (NASDAQ:AAPL) saw a change in leadership in 2011; post the resignation of Steve Jobs. Tim Cook took over the reins from Jobs as the CEO of Apple. Many people, investors and shareholders had their say in the management of Tim Cook and how Apple has done as a tech company, under Cook. Virgin Group Chairman and CEO, Sir Richard Branson, talked on CNBC about his views on Cook’s management. In the last more than three years under the management of Cook, Apple Inc. (NASDAQ:AAPL)’s stock has hit an all-time high twice, in 2012 and earlier this month. They…
Apple Inc. (NASDAQ:AAPL) is lining up a series up product launches in the next few months, like larger screen phones, smartwatch and Payment service. Most of these products have already started creating excitement among the consumers. David Kudla, CEO and Chief Investment Strategist at Mainstay Capital Management, talked on CNBC about Apple’s new products and their Ecosystem in general. Kudla pointed out that the consumers are looking forward to the three Apple Inc. (NASDAQ:AAPL) products, iPhone 6, Apple Watch and Apple Pay. He mentioned that the upgrade to larger screen was unavoidable in order to compete against phablets from Samsung…
Ford Motor Company (NYSE:F)’s F-Series pick-up truck, F-150 has been the best-selling pick-up truck in US for the past 32 years. In May, the engineers in Ford came up with an idea to replace the steel body in F-150 with a full Aluminum body. This helps in reducing the weight of the truck, with increased efficiency and without compromising for the performance of the vehicle. FBN’s Jeff Flock talked to F-150 marketing manager, Eric Peterson about the F-150 and advantages of the Aluminum body. Ford Motor Company (NYSE:F) has introduced and displayed the new F-150 pick-up truck with aluminum body…
In the recent past, many people start migrating from traditional television to online television. Companies like Netflix, Inc. (NASDAQ:NFLX) and Amazon.com, Inc. (NASDAQ:AMZN) are reaping the benefits of being in this market for quite some time now. Tremor Video CEO, Bill Day talked on Bloomberg about the surge in online video viewing and traditional television. Day mentioned that he had the opportunity to spend more than 27 years working in the Internet and digital space. He started with a company named Prodigy in 80’s, post which he played a major part in a company named about.com. He also said that…