BlackBerry Ltd (NASDAQ:BBRY) has changed its business almost completely, by getting out of the rat-race of the smartphone world. Its CEO, John Chen, is on a mission to change BlackBerry Ltd (NASDAQ:BBRY) from a smartphone maker to a mobile security and software services company. The strategy shift that he brought to BlackBerry Ltd (NASDAQ:BBRY) is showing some results, but it’s still time before one can, with all certainty, say that he has succeeded. The Wall Street Journal recently came up with an article that highlighted the changes that are happening in BlackBerry Ltd (NASDAQ:BBRY) under Chen. Chen made sure to inform the…
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.
Microsoft Corporation (NASDAQ:MSFT) announced today that it is now offering its Office 365 for free to eligible students with a new self-serve model. The Company also announced that faculties and staffs at schools will be able to access the Office 365 ProPlus benefits starting from Decmber 1 2014. The company announced these developments in a blogpost on its OfficeBlogs. Though Microsoft Corporation (NASDAQ:MSFT) had announced Student Advantage, a benefit through which students can get Office for free, a year ago, it was the school’s responsibility to get an account for the student and order Office 365 license on his or…
Amazon.com, Inc. (NASDAQ:AMZN) is facing troubles in Germany, its second largest market after the US. The German Labor Union Verdi has urged all the workers working in Amazon.com, Inc. (NASDAQ:AMZN)’s German warehouses to go on strike from today. Reuters reported this development in an article. According to the article, Verdi has asked Amazon.com, Inc. (NASDAQ:AMZN)’s warehouse workers to strike at its distribution centers in Leipzig, Graben, Bad Hersfeld and Rheinberg. Amazon.com, Inc. (NASDAQ:AMZN) employs a total of 23,000 workers at its nine distribution centers in Germany, out of which 9,000 are permanent staff and the remaining 14,000 are seasonal workers.…
Intel Corporation (NASDAQ:INTC) has received flak from some consumers for not coming up with a wireless technology that ensures optimum bandwidth for all their connected devices. As a response to that,the company has just launched 802.11ac Wi-Fi, which ensures devices connected to a Wi-Fi network enjoy simultaneous high-speed connections. The company revealed details about this new wireless technology in a blogpost on its official blog. Whereas the earlier generation 802.11n was good enough for connecting a few computing devices, nowadays when there are several devices in a home that use the internet, there is a lot of congestion in 802.11n Wi-Fi…
Google Inc (NASDAQ:GOOGL) is helping schools and students across the world to get connected with each other by providing technology for a new education initiative, ‘Scholas’. The company announced this development today in a blogpost on its Google for work official blog. Scholas is being sponsored by the Vatican and is intended to connect over 500,000 across the globe by using Google Inc (NASDAQ:GOOGL)’s tools to provide remote teaching and e-learning. Pope Francis inaugurated the platform by joining students from schools in Israel, Turkey, Cameron, South Africa and Australia. Scholas uses Google Inc (NASDAQ:GOOGL)’s Hangouts to connect student and teachers…
‘The Law of Large Numbers’ is an often spoken about phrase on Wall Street, but it seems Apple Inc. (NASDAQ:AAPL) is breaking the myth that large companies can’t go on to perform even better . has set a new record by selling over 10 million units of its new iPhones in three days. The company revealed this information in a press release issued today. The iPhone 6 and iPhone 6 Plus went on sale on Septmeber 19 and by the end of this weekend i.e. September 21 their sales had crossed the 10 million mark. What makes this feat even more astonishing is…
How is BlackBerry Ltd (NASDAQ:BBRY) going to defend one of its biggest markets? Indonesia is one of BlackBerry Ltd (NASDAQ:BBRY)’s biggest market and the company is focusing even more on the country to solidify its presence. The company will be launching taxi booking and restaurant payments services in the country through its recently launched payment platform, BBM Money. The Wall Street Journal revealed BlackBerry Ltd (NASDAQ:BBRY)’s plans for Indonesia in one of its blogposts recently. The BBM Money application was launched recently and is currently available only in Indonesia, but BlackBerry Ltd (NASDAQ:BBRY) had launched a pilot mobile payment system,…
Microsoft Corporation (NASDAQ:MSFT) is on a trimming spree, which will see the company laying off possibly 2900 more workers in the next 9 months. The Street’s Kurumi Fukushima recently reported on the lay-offs by Microsoft Corporation (NASDAQ:MSFT) and the company’s plans for future. “Microsoft is slashing 2,100 jobs and closing its Silicon Valley research and development operation. Microsoft’s new CEO Satya Nadella has a goal of trimming 18,000 jobs or about 14% of its workforce. This is a second waveof job cuts at the tech giant, in July the company announced 13,000 cuts. If Nadella wants to meet his goal,…
Facebook Inc (NASDAQ:FB) announced today that it is updating the Facebook app for iOS8 users to get an optimized experience. The company is proclaiming that its users will have an improved experience while using the Facebook app on iOS8. The company revealed this in a press release on its website. Facebook Inc (NASDAQ:FB)’s new updated app will come with large sized assets in order to efficiently use the large screen of the new iPhones and will also have easier sharing options. The most important change has been in the location settings of the app. The post informed that Facebook Inc…
Amazon.com, Inc. (NASDAQ:AMZN) and Alibaba Group Holding Ltd (NYSE:BABA) might be gearing up for war. Once the hoopla surrounding Alibaba Group Holding Ltd (NYSE:BABA)’s IPO dies, the company will start focusing on its operation in US and Europe. KCG Holdings’ A.B. Mendez and Cory Johnson recently discussed on Bloomberg, the new products launched by Amazon.com, Inc. (NASDAQ:AMZN) and how will the company face the threat from Alibaba Group Holding Ltd (NYSE:BABA). “Well, I think Kindle makes a lot of sense for Amazon, I think when they first came out into the e-reader business. They were originally physical booksellers and then…
Alibaba Group Holding Ltd (NYSE:BABA)’s stock opened for trade today at $92.70 and went as high as $99.70, but the most important question being asked is where will it close? Some of the biggest tech names saw massive gains on their first day of trading and if everything goes as per analysts’ expectations, Alibaba Group Holding Ltd (NYSE:BABA) will be no exception. Josef Schuster, founder of IPOX Schuster, and Jeffrey Dachis, CEO and co-founder of Razorfish were recently on CNBC to discuss about the price that Alibaba Group Holding Ltd (NYSE:BABA) will trade after its debut. “Well, see average IPO,…
The Alibaba Group Holding Ltd (NYSE:BABA)’s IPO will result in Yahoo! Inc. (NASDAQ:YHOO) getting a pile of cash, but whether the company will be able to deploy it profitably or not is a big question. CNBC’s Josh Lipton reported on the money that Yahoo! Inc. (NASDAQ:YHOO) would be generating from this IPO and what are the company’s plans for deploying it. “Yahoo’s CEO, Marissa Mayer now has a problem that other executives would only wish for, what you do with a windfall of cash, how much exactly are we talking about here. Well, remember Yahoo is going to sell 27%…