Twitter Inc. (NYSE:TWTR)’s biggest problem since going public has had to do with a slow growth in active users compared to its fierce rival, Facebook Inc. (NASDAQ:FB). Stifel Managing Director, Scott Devitt, during an interview on CNBC reiterated that Twitter will have to address declining active users if it is to survive competition in the space. “Users growth is slowing towards 20%, engagement has been declining for four consecutive quarters and by all measures of monetization the company over monetizes relative to Facebook Inc. (NASDAQ:FB) by about four times,” said Mr. Devitt. Facebook Inc. (NASDAQ:FB) and Google Inc. (NASDAQ:GOOGL) continue…
Author: Neha Gupta
Microsoft Corporation (NASDAQ:MSFT) this year released a tool known as Bing Developer Assistant. The principal focus of the tool was to help programmers have an easy time in their programming projects. The company is currently working on the same, technology website Wired stated in an article. However, something more ambitious or perhaps more promising has been named. PLINY could alter or aid how developers with Microsoft, Google Inc (NASDAQ:GOOGL) and Apple Inc. (NASDAQ:AAPL) approach their work. For text searches on Google Inc (NASDAQ:GOOGL), it is easy for the system to help with suggestions or prediction of what the user wanted…
Twitter Inc (NYSE:TWTR) will open an office Hong Kong despite the company being banned from operating in China. The Hong Kong office will help the company reach advertisers in Asia Pacific region as the company pushes to monetize its growing users there. Shailesh Rao, Twitter’s VP of APAC, Americas and Emerging Markets, was on CNBC to shed light on the development. “Our principal focus in opening an office in Hong Kong is going to be working with advertisers to help them reach global markets. Chinese companies in the tech, telecom sector, the travel sector […]. Helping those companies go global,…
Regis Philbin, a TV legend, who recently finished his hedge fund internship, loves Alibaba Group Holding Ltd (NYSE:BABA). He said he acquired the stock when it was still in its $80s. The stock has shot up in the recent times. Philbin, who was on CNBC alongside other Fast Money traders, also revealed interest in other stocks. He likes Tesla Motors Inc (NASDAQ:TSLA), Amazon.com, Inc. (NASDAQ:AMZN) and Yahoo! Inc. (NASDAQ:YHOO). However, he jettisoned Micron Technology, Inc. (NASDAQ:MU). Philbin said he loved Alibaba which is one of the most valuable brands in China and its connection with Yahoo! Inc. (NASDAQ:YHOO) even…
Aaron Sorkin, who wrote the film, “The Social Network”, which highlighted the making of Facebook Inc (NASDAQ:FB) and its founder, spoke to Emily Chang on Bloomberg. The talk revealed how they made contact with Facebook people for the first time in the making of the movie and their reaction about the whole project. Sorkin said that Facebook founder, Mark Zuckerberg, was “classy” about the whole movie thing. However, as makers of The Social Network, they achieved what they wanted when they first approached Facebook of the matter. “[…] we met with senior Facebook Inc (NASDAQ:FB) people. And said we are…
Resentment over Apple Pay continues to mount more pressure on Apple Inc. (NASDAQ:AAPL) and this time around the heat is coming from small businesses who are refusing to accept the service. CNBC’S Kate Rogers reports that most of the small businesses are refusing to accept the new service arguing they don’t understand how it operates or out of fear of incurring more costs in machine upgrades. “It is not just those big retailers like CVS Health Corp (NYSE:CVS) and Rite Aid Corporation (NYSE:RAD) that are saying no thanks to Apple Pay. A new report finds that small businesses aren’t into…
Apple Inc. (NASDAQ:AAPL) may have a serious headache to deal with in terms of the security of its devices. A family of malware currently known as WireLurker has been uncovered as targeting its devices in China from iPhone to Mac. Security experts understand very little about malware, it they said it has affected no less than 350,000 users so far. On Bloomberg’s “Before The Bell,” Betty Liu, Max Abelson and Olivia Sterns discussed the development that has scared even users of iOS in the U.S. “A security company is reporting that it had undiscovered a malware campaign called WireLurker targeting…
Microsoft Corporation (NASDAQ:MSFT) said it was eliminating the fees attached to some of the mobile apps that function with Office 365. The move is uncharacteristic of Microsoft because the company considers Office as its top revenue earner. However, the elimination of such fees that apply to certain mobile apps for Office will only benefit non-business users. The move to give away Office 365 for non-business mobile users is expected to help the company maximize its users even though it would forgo some revenue. Microsoft Corporation (NASDAQ:MSFT) is also readying a version of Office for the tablet devices that run…
Twitter Inc (NYSE:TWTR) has marked its first year as a public company. In terms of stock performance, the ticker has held up nicely in the last 12 months. The stock also compares favorably with its rivals at such a time in their public life. However, there are a number of red flags in the company that Bloomberg’s Sarah Frier discussed on “First Up”. It is obvious that Twitter Inc (NYSE:TWTR)’s stock has remained strong over the last 12 months with significant gains in between. When compared with Facebook Inc (NASDAQ:FB) and LinkedIn Corp (NYSE:LNKD) at that time, there is not…
Palo Alto Networks Inc (NYSE:PANW) said it had discovered a malware, a family of malware in fact, that appears to originate from China but targeting iPhone and Mac devices. The provider of network security platforms said it has notified Apple Inc. (NASDAQ:AAPL) about the issue, Reuters stated in an article. However, it said there was no evidence that something serious had been comprised by attackers. According to Palo Alto Networks Inc (NYSE:PANW), a malicious app was uploaded to app stores that users downloading from the stores are getting infected. The malware has mostly impacted users in China, where the attacks…
Tesla Motors Inc (NASDAQ:TSLA) posted third-quarter profits that pounded the estimates. The company has also focused its attention on the mass market where it is expected to offer electric cars at a price range of $30,000-$35,000. However, on CNBC, Theodore O’Neill of Ascendiant Capital Markets discussed the next product in line – Model X. He also talked about direct sales, which is the model that Tesla has been using to sell its flagship car, Model S. The Model X was originally scheduled for the release in the first-quarter of 2015. However, it has been pushed out, and that seems to…
Google Inc (NASDAQ:GOOGL) has found a role to play in the health sciences field. The company is working on a number of medical-oriented projects. It hopes that its efforts will bring relief to patients out there and those at risk of certain diseases. The company is working on a pill that screens the blood for cancers as well as other diseases. The pill works by sending what are known as magnetic nanoparticles into the bloodstream of the user. Away from cancer detection, the company is also preparing to commercialize another device that helps with the monitoring of blood sugar using…