Yahoo! Inc. (NASDAQ:YHOO) CEO, Marissa Mayer, aggressive push for the company’s media business continues to gain momentum, after an article on re/code said that the company was contemplating on leasing another high profile office space. The new offices will be used to house company’s media and technology operations in Southern California according to people close to the matter. A push for new offices is necessary for Yahoo! Inc. (NASDAQ:YHOO) to be successful in its advances of poaching top television talent, for the purpose of accelerating growth in the media sector, according to a top talent agent cited by re/code. The…
Author: Neha Gupta
Tesla Motors Inc. (NASDAQ:TSLA) might be pushing the limits of product quality with its exquisite models, but not to the levels that Saleen Automotive founder, Steve Saleen, would have loved. In an interview on Bloomberg, Saleen highlighted some of the changes that they have done on Tesla’s Model S electric vehicle as they look to transform it into one of a kind luxury vehicle. Tesla Motors Inc. (NASDAQ:TSLA) is arguably the leader in electric cars in the world with its Model S, which continues to receive positive reviews in the automotive industry. Its expansion into Asian markets especially China highlights…
If reports emanating from GeekBar (via MacRumors) are something to go by; then Apple Inc. (NASDAQ:AAPL) has found a successor to M7 co-processors, code-named ‘Phosphorus’ and set to debut on the much-awaited iPhone 6 this September. In a post appearing on Weibo, the new processor is set to play an important role on Apple Inc. (NASDAQ:AAPL)’s new health app, HealthKit API, as it will have the ability to collect health-related data of iPhone users and consequently processing it. Processed data will then be used to give a clear analysis of the user’s health status. Health apps continue to gain momentum in…
United Continental Holdings Inc. (NYSE:UAL) has upgraded food menu in its carriers. Starting September 1, passengers in first-class will enjoy an assortment of improved foods as well as beverage options as part of the airlines strategy to attract more passengers heading into the holiday season according to CNBC’s Landon Dowdy. United Continental Holdings Inc. (NYSE:UAL)’s change of menu comes amidst increased competition in the airline space with any marketing tool sure to attract more passengers and worth the investment being given a much-needed consideration. According to executive chef, Gerry Mcloughlin, United Continental Holdings Inc. (NYSE:UAL) is responding to constant passenger’s…
Salesforce.com, inc. (NYSE:CRM)’s Chairman and CEO, Marc Benioff, spoke to CNBC’s Jim Cramer on “Mad Money” and discussed their amazing growth as cloud software business and how partnership with tech giants like Microsoft Corporation (NASDAQ:MSFT) and Philips helped the company in transforming the balance sheet. Salesforce reported its second-quarter results that saw revenue coming in at $1.32 billion, edging out the revenue projection of $1.29 billion for the quarter. Earnings also increased by 44% year-over-year to $0.13 a share, smashing the consensus estimate of $0.12 for the quarter. The company also revised their guidance for fiscal 2015 wherein it expects…
Pet retailer, PetSmart, Inc. (NASDAQ:PETM), appears to be a company under siege. Some of the investors with a significant stake in the company are pushing to have it sold out. However, the company has been trying a turnaround even with the recent deal to purchase Pet360 for $130 million. Can Amazon.com, Inc. (NASDAQ:AMZN) be the recipient of the troubled company? On Fox Business, Mike Spector and Dana Mattioli from The Wall Street Journal looked at PetSmart’s buyout story. It is worth noting that PetSmart, Inc. (NASDAQ:PETM) recently posted second-quarter earnings in which it reported higher earnings than the like quarter…
Hewlett-Packard Company (NYSE:HPQ)’s Chief Executive Officer, Meg Whitman,talked on CNBC with Jim Cramer and his team about HPQ’s interest in 3D printing and why theirs is going to be a bit different from what other players may be pursuing. Whitman has been trying to correct the company’s performance with cost-cuttings and restructuring being high on her agenda. Looking at the latest quarterly results, it looks as though her efforts are paying off, because of the performance improvement. The company announced a net income of $985 million or $0.52 a share on revenue of $27.6 billion, up from $27.2 billion posted for…
Advancement in technology, especially in internet connections has come with its fair amount of challenges instigating battles and arguments between internet service providers and content providers. Netflix, Inc. (NASDAQ:NFLX) CEO, Reed Hastings, has lashed out at giant ISP’s in an article on Wired, which he claims have adopted unethical business practices in terms of the way they control consumer’s access to the internet. Hastings has already stated that if the standoff is to continue, Netflix won’t stand a chance to efficiently provide content in the ever competitive streaming industry especially if the largest internet service providers are allowed to merge. Earlier this…
Former Microsoft Corporation (NASDAQ:MSFT) CEO, Steve Ballmer, has stepped down from the company’s board after successfully acquiring the Los Angeles Clippers, completely ending his association with the giant software company in terms of management. Six Months after stepping down from the CEO post, Mr. Ballmer stated it was high time for him to focus on his new $2 billion acquisition. UBS’s Brent Thrill in a phone interview on Bloomberg said that it was high time for Ballmer to give full reign to CEO Satya Nadella and CFO Amy Hood taking into consideration the fact that the company’s stock has surged 39% since stepping down. “Well, since…
Microsoft Corporation (NASDAQ:MSFT) has confirmed that its cloud computing service, Azure, experienced a massive outage yesterday; that lasted for five hours, but was able to return it back online according to Bloomberg’s, Jack Clark. Azure cloud-based platform is mostly used to create, deploy and maintain online applications, as well as services such as websites and web-host applications. Microsoft Corporation (NASDAQ:MSFT) confirmed that the disruption affected six major components in its multiple data centers that serve key regions. Microsoft competes with Amazon.com, Inc. (NASDAQ:AMZN) and Google Inc. (NASDAQ:GOOG) in offering cloud service. Concerns arose because outages experienced in Amazon’s and Google Inc.…
BlackBerry Ltd (NASDAQ:BBRY) in a press release has announced the appointment of technology veteran Sandeep Chennakeshu as the head of its newly created business division, BlackBerry Technology Solutions (BTS). Some of the assets that will be under the watchful eye of Mr. Chennakeshu include QNX, the company’s embedded software, as well as Project Ion (Internet of things application platform). BlackBerry Ltd (NASDAQ:BBRY)’s CEO, John Chen, has welcomed Mr. Chennakeshu into the company as he is expected to ensure protection and development of the company’s 44,000 patents, as well as the Paratek antenna tech company, purchased in 2012. QNX, Certicom and Paratek remain…
Google Inc. (NASDAQ:GOOG) has come under criticism from the European Union court after being accused by other critics of trying to undermine a ruling that created the right to be forgotten’ on the internet. EU’s justice has claimed that the company was trying to undermine reforms aimed at data protection rules, according to Bloomberg’s, Matt Miller. Google Inc. (NASDAQ:GOOG) was ordered back in May to remove some of the links in its search results, especially if a person asked it to take down personal information that might be irrelevant or out of date. A ruling by the European court only…