After being ruling the United States as the green luxury cars, Tesla Motors Inc (NASDAQ:TSLA)’s Model S car takes its road trip to London, U.K., adopting to the right-handed traffic. Bloomberg’s Olivia Sterns took a spin in the right-handed Model S and assisted Tesla’s CEO, Elon Musk’s, presentation of the car in London. For the first time, Tesla Motors Inc (NASDAQ:TSLA) has launched its Model S with right steering wheel in London, where the company’s CEO, Elon Musk personally handed over the keys to the first five customers of the car. Among the five car owners is the author of the popular…
Author: Neha Gupta
Today Netflix, Inc. (NASDAQ:NFLX) shareholders will take an important decision at the company’s annual meeting that is whether to separate the role of Chairman and Chief Executive Officer into two positions, which are at present being held by Reed Hastings, the company’s co-founder, Bloomberg reports. Voting Today According to The New York Times, the proposal of separating the roles is hurled by two Pension funds, which are Calpers, a California public pension fund and the other from New York City’s comptroller and the overseer of the city’s pension funds, Scott M. Stringer. In addition to this, the proposal also finds…
Tech Giants including Apple Inc. (NASDAQ:AAPL) and Google Inc (NASDAQ:GOOG) have agreed to pay $324.5 million in wage deal lawsuit. The case, which was filed on behalf of over 64,000 employees, had sought $3 billion in damages. It involved over a dozen companies and more than one million employees. However, the companies which drew the main attention were Apple, Google Inc (NASDAQ:GOOG), Intel Corporation (NASDAQ:INTC), Adobe Systems Incorporated (NASDAQ:ADBE), Intuit Inc. (NASDAQ:INTU), Pixar Animation Studios Inc. and Lucasfilm. In an interview with Fox Business, TechnoBuffalo’s Executive Director of Mobile, Todd Hazelton, said that the case handled a “big problem going on…
In an interview on Bloomberg Television, Chamath Palihapitiya, former Facebook Inc (NASDAQ:FB) Vice President of Growth for Mobile and International, discussed acquisition strategies. Palihapitiya talked about the take- over strategies for Facebook Inc (NASDAQ:FB) and tech giant Google Inc (NASDAQ:GOOG) on Bloomberg West. He commented on Facebook’s $19 million acquisition of the popular text messaging application, Whatsapp, and the acquisition of Oculus and said that these were some good moves by the social networking media. He had been involved with the operations of the company during some of its acquisitions and believes that Whatsapp has been the most economical and smartest…
Divya Narendra, the CEO and co- founder of SumZero, expressed his opinion on investing in Facebook Inc (NASDAQ:FB) as a wise investment during an interview with CNBC. The American businessman thinks that tech stocks have been quite irregular in 2014. He said that the market sees dispersion between some of the industry leaders and the second and third place players such as Google Inc (NASDAQ:GOOG) and Facebook Inc (NASDAQ:FB). Narendra said he would prefer to invest his capital in one of these two companies. Mr. Narendra said about Facebook Inc (NASDAQ:FB), that an investor, while buying its stock, essentially buys a portfolio,…
Apple Inc. (NASDAQ:AAPL) and Facebook Inc (NASDAQ:FB) are building facilities and data centers in a small, old- fashioned town called Prineville, Oregon. Bloomberg’s Willem Marx visited the land to find out the how residents of the town are welcoming Silicon Valley’s large and high technology back offices. Prineville’s Mayor, Betty Roppe sees the advancement as a hope for developments in the town. Facebook Inc (NASDAQ:FB) had opened one of its data centers in Central Oregon in 2011 and the facility is today its most efficient one in the entire world. A data center is the ultimate facility responsible for everything…
The famous group The Black Eyed Peas’ artist William Adams or popularly known as will.i.am is ranked among the top artists in the music industry. However, aside from his success in music, it is a less known fact that will.i.am is a rather successful investor and entrepreneur. One of his biggest projects is Beats Electronics, a company, which Apple Inc. (NASDAQ:AAPL) is currently trying to acquire, which will increase will.i.am’s net worth, and will probably make him the first billionaire in the hip-hop industry. His entrepreneurial skills can be established from the fact of his early investment in fledgling companies…
The predictions about Apple Inc. (NASDAQ:AAPL) embracing near-field communications (NFC) technology in its iPhone has made rounds in the tech arena for years, but so far none of those anticipations came true. But, now Morgan Stanley retells the same forecast in its report published on Tuesday that the iPhone maker will incorporate the technology in its new “iWallet,” technology, according to Appleinsider. NFC chips have long been shipped by the competing smartphones to exploit the services like Google Wallet but mobile transactions are yet to create its space amid consumers. Talking about the potential future strategies, Apple’s CEO Tim Cook,…
To catch up with the world at great speeds, Verizon Communications Inc. (NYSE:VZ) yet again proves itself to be the leader in the line as it rolls out its new 4G LTE network dubbed “XLTE.” Deciphering the meaning of the new network term, it involves an Advanced Wireless Services (AWS) Long-Term Evolution (LTE) network, which mainly emphasizes the speed of the new system. That means that the network is a plain LTE network on a new wireless spectrum, which in this case is AWS. According to a statement, Verizon Communications Inc. (NYSE:VZ)’s brand new network will double the data…
Facebook Inc (NASDAQ:FB) has made the headlines today regarding its latest app – Slingshot that is expected to be released in the nearest future. Seen as a rival product developed to disrupt SnapChat humungous user base, this is a video app which will see the light of the day, any time next month. During a recent intervention at CNBC, Jon Steinberg, BuzzFeed website President and COO, together with Jon Fortt provided an insight on Facebook Inc (NASDAQ:FB)’s ‘product chase,’ like the $3 billion offer for SnapChat which was turned down by the makers of the popular app, as well as the new…
According to a The Wall Street Journal Report, Google Inc (NASDAQ:GOOGL) is believed to be negotiating for a probable acquisition of Twitch, a rapid growing, live video streaming service in the gaming arena. Boost Video Content Further, the report cites that while the offer price is yet undisclosed, the talks are in preliminary stages and so the chances of the deal making way is not imminent. By adding Twitch, Google Inc (NASDAQ:GOOGL) would essentially be able to enhance its existing YouTube portfolio, which at present is yet another popular platform for live-streaming of music, sports, news, games and even events. Twitch made…
Apple Inc (NASDAQ:AAPL), with a line of products which are status symbols of the rich and the famous, continues to battle with the world’s largest online/internet search engine service provide and fellow technology product maker on the issue of its native messaging app not being delivered on Google Inc (NASDAQ:GOOGL) native devices, the Android OS phones. What gives? The truth is never from far when one takes into account Apple Inc (NASDAQ:AAPL) and Google Inc (NASDAQ:GOOGL)’s long drawn competition to remain more technology-product relevant and innovator. But Apple of course had the head start, by being the originator of the…