In 2014, Microsoft Corporation (NASDAQ:MSFT) has not been the most favorite tech stock for many investors. Many investors preferred Apple Inc. (NASDAQ:AAPL) and Google Inc (NASDAQ:GOOGL) over Microsoft. But, Microsoft has displayed a consistent growth with a 9% increase in share price YTD. Chairman and Co-founder of StockTwits, Howard Lindzon talked about his outlook for Microsoft on Bloomberg. It has just been Apple day for quite some time now, as the Microsoft days were long gone. Lindzon said that Microsoft Corporation (NASDAQ:MSFT) doesn’t deserve that status in 2014. But, he mentioned that they had a very good 2013. “I think, they…
Author: Nina Todic
General Electric Company (NYSE:GE) agreed with Electrolux to sell its home-appliances business for $3.3 billion. Whirlpool Corporation (NYSE:WHR) leads the home-appliance market in US with around 25.6% market share. This deal would give Electrolux and GE combined around 26.5% market share and place them above Whirlpool in the US market. Electrolux CTO, Jan Brockman, talked on CNBC about the slower European markets and bright future of the company. Brockman said that he was happy to see slower recovery happening in the European markets. European markets were on the down trend for quite some time and has started recovering very slowly.…
Back in 2005, Yahoo! Inc. (NASDAQ:YHOO) invested $1 billion into Chinese e-commerce giant, Alibaba Group Holdings Ltd, which as we know now, has been a very wise move. Currently Yahoo! Inc. (NASDAQ:YHOO)’s stake in the company is worth as much as $40 billion, which is higher than Yahoo’s current market capitalization; and the company is all set to cash in around $8 billion through the Alibaba’s IPO, later this month. Alibaba Co-founder Jack Ma is the biggest force behind the Chinese company’s growth. Bloomberg has unveiled a clip from 1999, in which Jack Ma delivered a speech in his apartment…
Tesla Motors Inc (NASDAQ:TSLA) stock price went down by around 4% on Friday. Tesla’s CEO, Elon Musk himself admitted few days back that the company shares were overvalued. This has raised doubt in many investors about the valuation of Tesla stock. Options actions traders Michael Khouw and Dan Nathan talked on CNBC about the company and its valuation. Tesla Motors Inc (NASDAQ:TSLA) stock hit an all-time high back in February, post which the stock had a down turn. The stock again started gaining from the month of May and has hit another all-time high few days back. Nathan said that…
Mobileye NV (NYSE:MBLY) is a Jerusalem-based company that specializes in drive assistance software and hardware for automobiles. Mobileye had their IPO in the US in August. After an initial drop in share price, the company started gaining ground. Many analysts were optimistic about Mobileye and pushed up their target price. Morgan Stanley’s Ravi Shanker talked on CNBC about Mobileye and its future. Shanker had earlier placed a bullish target of $100 on Mobileye NV (NYSE:MBLY) with an ‘Outperform’ rating, which is significantly above the current price of around $46 per share. Shanker thinks that there might be some competition that could…
Google Inc (NASDAQ:GOOGL) acquired Nest Labs for $3.2 billion in January. Nest Labs manufactures and sells smoke alarms and thermostats for home applications. Google Inc (NASDAQ:GOOGL) intended to integrate the apps for connected home market with the Nest Labs ‘conscious home’ project. Nest Labs was working on this project for quite some time and is expected to have a huge potential in the future. VP and Founder of Nest Labs, Matt Rogers talked on CNBC about the ‘conscious home’ and its implications. “[…] We are looking at where the home should be in 10 years. We don’t want home automation;…
Tesla Motors Inc (NASDAQ:TSLA) started selling their Model S EV in China in the month of April. They own and operate some supercharger stations in North America and Europe and let their customers charge their vehicles for free. They struck a deal with China Unicom to build 400 charging points in China. Details of the Tesla’s deal were discussed in a Bloomberg article. According to the article, Tesla Motors Inc (NASDAQ:TSLA) has agreed to a deal with China United Network Communications Corp. (China Unicom), the second largest mobile phone company in China to build 400 charging stations in around 120 cities.…
International Business Machines Corp. (NYSE:IBM)’s Watson is the supercomputer with artificial intelligence, which has the capability of answering the questions in natural languages. IBM recently made an announcement that Watson will be assisting scientists in R&D. John Gordon, VP of IBM Watson Group talked on Fox Business about the new venture. Gordon said that Watson is venturing into R&D with its cognitive computing to explore a $6 billion opportunity in the R&D market. He assured that there might be a new era of human innovation through this venture. He pointed out that the supercomputer will assist the scientists in developing…
Intel Corporation (NASDAQ:INTC) announced two new packaging and test technologies for their custom foundry customers on Wednesday. These technologies are more cost effective compared to the traditional methods. Intel elaborated on the new technologies in a press release. Intel Corporation (NASDAQ:INTC)’s two new technologies are Embedded Multi-die Interconnect Bridge (EMIB) and High Density Modular Test (HDMT). EMIB enables a much lower cost and a simpler packaging process for high density interconnects between heterogeneous dies, the company added. EMIB saves a lot of cost for the Intel Corporation (NASDAQ:INTC)’s foundry customers by replacing the traditional expensive TSV silicon interposer with a silicon chip…
Tesla Motors Inc (NASDAQ:TSLA) has increased the warranty period for their Model S drive unit to match it with the battery pack’s warranty. This announcement was made by Tesla’s CEO, Elon Musk, on August 15. So, the Model S has now eight years or infinite mile warranty on both their battery pack and the drivetrain. Brad Erickson of Pacific Crest talked on CNBC about the Tesla’s extended warranty on Model S vehicle. Erickson pointed out that this announcement might potentially increase the sales of their Model S cars. He talked about the drivetrain issues and replacements carried out by Tesla…
Microsoft Corporation (NASDAQ:MSFT)’s windows app store was under the hammer recently due to a lot of issues reported by the users. People were starting to feel the difficulty in searching for the required app in the windows app store. This search process becomes more difficult due to the pressure of tons of the scam apps and apps with misleading titles. Microsoft addressed their actions for the app store issues in a blog post. Considering the seriousness of the users’ complaints, Microsoft Corporation (NASDAQ:MSFT) has worked to revisit and modify the Windows store app certification requirements. Revision of the certification requirements…
TiVo Inc. (NASDAQ:TIVO) reported a very successful second quarter earnings on Tuesday, with a year-on-year revenue growth of 11.8% to $111.9 million, which was well above the estimates. They also launched their ‘Roamio’ DVR, which is expected to fill the gap left in the market by the online startup, Aereo. Aereo was earlier recommended by the court to halt their operations for violating the broadcaster’s copyrights. The CEO of TiVo, Tom Rogers talked on Fox Business about the companies successful quarter and the ‘Roamio’ DVR. “It was a great quarter for us. […] We did $350 million share buybacks. $100 million…