Intel Corporation (NASDAQ:INTC) is trying to explore additional revenue stream. The company is betting big on Internet of Things (IOT), as it believes it would be a major money spinner for the company in the near future. In a press release issued recently, Intel Corporation (NASDAQ:INTC) said that it would be extending its Intel® IoT Developer Kit by releasing the Intel® XDK IoT Edition. The Intel® XDK IoT Edition will enable developers to simplify the development of Internet of Things apps that they write in Javascript. Intel Corporation (NASDAQ:INTC)’s XDK IoT Edition also includes tools that help developers to create,…
Author: Ritesh Anan
Ritesh Anan
Ritesh Anan is a full-time derivatives trader. Though he firmly believes in the power of Technical Analysis, he is also a lifelong student of macroeconomics. In his free time, he reads anything and everything that comes from Robert J. Shiller, George Soros and Nassim Nicholas Taleb.
Most people, who use internet, already have accounts with Facebook Inc (NASDAQ:FB). The company arguably has the largest user base among all companies across industries, but rather than a thing to rejoice about it is also a cause of concern. The concern for Facebook Inc (NASDAQ:FB) is how will it grow further, how will it get more people connected through its social network. The answer to that lies in making Internet accessible to more and more people and that is exactly what the company is trying to do. Facebook Inc (NASDAQ:FB) is trying to get more people on board the…
Yahoo! Inc. (NASDAQ:YHOO) is facing pressure from all quarters now. Right after Alibaba Group Holding Ltd (NYSE:BABA) had its successful IPO, Yahoo! Inc. (NASDAQ:YHOO)’s CEO, Marissa Mayer’s performance in the last two years that she has been leading the company is back in spotlight. Bloomberg’s Julie Hyman recently elaborated on the pressure that Yahoo! Inc. (NASDAQ:YHOO) is facing from activist investors for a breakup and what the individual pieces of the company would be worth if the company is split. “ It kind of depends on Marissa Mayer. In the last couple of hours we were talking about the former…
Cisco Systems, Inc. (NASDAQ:CSCO) is making its top executives pay for the decline in revenues that the company is witnessing. The world’s largest networking equipment manufacturer wasn’t able to meet the revenue and profit target for this year that it set for itself earlier. Bloomberg recently published an article elaborating how Cisco Systems, Inc. (NASDAQ:CSCO)’s top executives had to take a pay-cut after the dismal performance of the company. According to the article, Cisco Systems, Inc. (NASDAQ:CSCO)’s CEO, John Chambers saw his compensation declining by 22% to $16.5 million this year. In the financial year ending July 2014, Cisco Systems,…
Amazon.com, Inc. (NASDAQ:AMZN) is going the Microsoft Corporation (NASDAQ:MSFT) way. Amazon.com, Inc. (NASDAQ:AMZN)’s CEO, Jeff Bezos announced today that his company can set up data centers in India, just a day after Microsoft Corporation (NASDAQ:MSFT)’s CEO, Satya Nadella announced his company’s plan of setting up three data centers in India. The Economic Times revealed this news in one of its articles today. Bezos is on an official visit to India to oversee the rapid expansion of Amazon.com, Inc. (NASDAQ:AMZN)’s Indian subsidiary Amazon.in. Amazon.com, Inc. (NASDAQ:AMZN)’s cloud business, Amazon Web Services (AWS) is one of the leaders in the cloud computing…
When it comes to investing in China, institutional investors always had the edge over their retail counterparts, but Alibaba Group Holding Ltd (NYSE:BABA) IPO has changed that. Now anyone who is bullish on the Chinese economy can invest in what is arguably one of the best and fastest growing industry in china, e-commerce. Chris Grisanti, Founder and Principal of Grisanti Capital Management was recently on Bloomberg to discuss about investment in China and the future prospects of Alibaba Group Holding Ltd (NYSE:BABA). “It is something with at least pretty visible financial, pretty visible growth path and Alibaba I think was…
BlackBerry Ltd (NASDAQ:BBRY)’s Passport listing on Amazon.com, Inc. (NASDAQ:AMZN)’s website will be surely getting a lot of hits, especially after the company boasted on its official website about the wonderful reviews it has received. It might be not known to many, but in the BlackBerry Ltd (NASDAQ:BBRY) has been accused of getting fake ‘five star’ reviews posted for its products. Which makes one think, if the reviews for BlackBerry Ltd (NASDAQ:BBRY)’s Passport on Amazon.com, Inc. (NASDAQ:AMZN)’s website are real? First of all the stats, at the time of writing this, there were 46 reviews for Passport on Amazon.com, Inc. (NASDAQ:AMZN)’s…
Microsoft Corporation (NASDAQ:MSFT), Apple Inc. (NASDAQ:AAPL), & Google Inc (NASDAQ:GOOGL) can all be the contenders for buying PayPal, now that it would be spun-off as a different entity. Bill Smead, CIO & CEO of Smead Capital thinks all these companies can buy PayPal for cash, without even giving the acquisition a thought, owing to the kind of value that PayPal brings to the table. He was recently on CNBC to discuss his views regarding the future of PayPal. “We have got mixed emotions, you know, we are a long duration investor and we like to practice long term value. So, the…
Tesla Motors Inc (NASDAQ:TSLA) and Sonic Automotive Inc (NYSE:SAH) might appear as chalk and cheese, but a closer look reveals that they are more alike than different. While one is an electric car manufacturer that wants to end the dealership distribution model, the other’s business model is based on dealership, but what makes them similar is innovation. Both Tesla Motors Inc (NASDAQ:TSLA) and Sonic Automotive Inc (NYSE:SAH) are the leaders in innovation in the automotive industry. Market Watch recently did a story on a note published on Sonic Automotive Inc (NYSE:SAH) by Morgan Stanley’s analysts that called Sonic Automotive Inc…
Google Inc (NASDAQ:GOOGL)’s Android is by far the market leader in the Chinese smartphone market. Apple Inc. (NASDAQ:AAPL) doesn’t even comes close to the kind of market share that Android commands in China, but the company has high hopes for its new iPhone 6 and iPhone 6 Plus that it will be releasing soon in the Chinese Market. Apple Inc. (NASDAQ:AAPL) announced in a press release today that its new iPhones will start retailing in the China from October 17. Although Android is numero uno when it comes to overall smartphone market in China, Apple Inc. (NASDAQ:AAPL)’s iPhone boasts of…
Amazon.com, Inc. (NASDAQ:AMZN) will soon start selling the data of how consumers buy on its website to advertisers. When it comes to online advertising, Amazon.com, Inc. (NASDAQ:AMZN) is not the name that most people think of as a major player, it’s the social networks and social giants whom people think as the dominant player in the industry. Chad Bartley, Analyst at Pacific Crest Securities disagrees with the crowd, he feels that Amazon.com, Inc. (NASDAQ:AMZN) is much more valuable for online advertisers then other internet companies because the company has vast amount of data on how exactly consumers shop on the internet. Bartley…
Apple Inc. (NASDAQ:AAPL)’s problem is now everybody’s problem. Ever since the Bendgate controversy erupted, the world has got divided into two sets of people – one who believe that Apple Inc. (NASDAQ:AAPL)’s iPhone 6 can bend in normal conditions and others who don’t. The debate got so heated up that the influential magazine Consumers Reports decided to actually conduct pressure tests on the devices. Glenn Derene of Consumer Reports was recently on CNBC to discuss about the tests and share the results. “Well, we put them into what’s called the compression testing machine. This is a big machine by a…