The Playstation seems to be giving Sony Corp (ADR) (NYSE:SNE) a new lease of life after the entertainment and electronics giant went through a long disappointing phase. The company posted a surprise profit in its first quarter results recently, backed by the sales of the Playstation 4, though it still predicts its sixth annual loss in seven years, owing to the declining demand for televisions and compact cameras. Manus Cranny from Bloomberg recently reported on Sony Corp (ADR) (NYSE:SNE)’s Playstation crossing the 10 million sales mark. “Sony Corp (ADR) (NYSE:SNE)’s Global sales of Playstation 4 game consoles have hit 10 million mark. Earlier this month, Sony Corp (ADR) (NYSE:SNE) posted…
Author: Sean Campbell
Tesla Motors Inc (NASDAQ:TSLA) yesterday announced on its Facebook page the opening of its 50th supercharger in Europe, the location of the new supercharger is Narbonne, France. The company is increasing its supercharger network at a breakneck speed across Europe for making a quick charge convenient for its car buyers. Including this 50th supercharger, Tesla Motors Inc (NASDAQ:TSLA) now has 164 operational supercharger locations, spread across Europe, North America, and Asia. A supercharger charges Tesla Motors Inc (NASDAQ:TSLA)’s Model S at 120 kW, compared to 11kW that home charging delivers, this allows the Model S to get 80% charged in only 40 minutes. Countries in Europe,…
Microsoft Corporation (NASDAQ:MSFT) unveiled the latest exclusive games and Xbox one consoles at Gamescom 2014, Europe’s biggest video games expo, yesterday. Some of the exciting games that will be available on Xbox One this holiday season will include “Assassin’s Creed Unity,” “Call of Duty: Advanced Warfare,” “FIFA15,” and others. The company also announced “Rise of the Tomb Raider” from Crystal Dynamics will launch in holiday 2015, exclusively on Xbox. Xbox One Newswire reported on all these upcoming launches from Microsoft Corporation (NASDAQ:MSFT) in one of its posts, yesterday. The three new console bundles that will be available later in the year are – Xbox…
Microsoft Corporation (NASDAQ:MSFT) had allowed some application developers for windows phone to respond to user reviews, in the past. The company has now allowed this feature for all eligible Windows Phone developers. Additionally, Microsoft Corporation (NASDAQ:MSFT) also announced that it has added PayPal payout option for developers in five more countries in one of the blog posts on the Windows Blog. To respond to user reviews, developers can go to the Dev Center, select the Dashboard for Windows Phone, then select one of their published Windows Phone apps and look at the reviews screen. If they see ‘Respond’ on the lower right corner…
Twitter Inc (NYSE:TWTR) has been facing increasing pressure from investors, ever since its IPO to come up with new monetization and advertising tools. The company it appears, is trying to do exactly that by launching promoted videos, yesterday. Twitter Inc (NYSE:TWTR) announced on its advertising blog a beta test of promoted video on its website. According to the post, it will be easier for brands to upload and distribute videos on Twitter Inc (NYSE:TWTR)’s website, and to measure the reach and effectiveness of this content, if they use promoted video. Twitter Inc (NYSE:TWTR) is also offering advertisers a new Cost Per View (CPV) ad buying model,…
The Chinese Government has targeted foreign companies as part of its antitrust investigation for quite some time, especially U.S. companies and General Motors Company (NYSE:GM) is one of their latest target. General Motors Company (NYSE:GM) said on Tuesday that it has been contacted by the authorities in China as part of their antitrust investigation into foreign automakers. Olivia Sterns reported on China’s new crusade against General Motors Company (NYSE:GM) on Bloomberg earlier today. “General Motors Company (NYSE:GM) is the latest target of regulators in China. Shanghai GM says it has talked with anti-trust officials there. Audi and Chrysler are already facing penalties for breaking the country’s monopoly…
Though Intel Corporation (NASDAQ:INTC) has missed the bus of chips for mobile devices, it seems to be making up for it now. The company recently has unveiled new computer chip technology for handheld devices. The new chips will not only have good processing powers, but also prevent the heating and draining of battery of devices, a problem that earlier such chips from Intel Corporation (NASDAQ:INTC) had. Michael Robinson from Money Map Press discussed the new chips from Intel Corporation (NASDAQ:INTC) on Fox Business, recently. “They have got this new chip, that is designed specifically for tablets and mobile devices. Why this is important is Intel…
Everyone knows that Apple Inc. (NASDAQ:AAPL) has over $150 billion in cash and near cash reserves, which the company is not putting up to good use by acquiring some of the companies that makes strategic sense. Well, if Apple Inc. (NASDAQ:AAPL) ever decides to go with full fledge in acquisition game, Netflix, Inc. (NASDAQ:NFLX) can be one of its primary targets, owing to the fact that Apple Inc. (NASDAQ:AAPL) is already late in the CDN game, even though it’s making up for it, while Netflix, Inc.(NASDAQ:NFLX) is currently the leader in that space. When Jim Cramer discussed about consolidation in food companies, CNBC’s Dominic Chu,…
Google Inc (NASDAQ:GOOGL) is trying its best to make internet reach every individual across the globe and that too at high speeds. Fox Business’s Elizabeth McDonald, recently revealed that Google Inc (NASDAQ:GOOGL) is investing nearly $300 million in an underground cable between U.S. and Asia along with five other investors . “300 million bucks, that’s what Google Inc (NASDAQ:GOOGL) is spending along with a consortium of about half a dozen companies that includes KDDI, which is a Japanese telecom concern, also China Mobile and basically this will connect major west coast cities like Los Angeles, San Francisco, Seattle. It is called Faster, that’s why you are…
In May 2014, Twitter Inc (NYSE:TWTR) completed its acquisition of Gnip, Inc., a company that provides social data and was a former Twitter data partner. The numbers behind the acquisitions were unknown till recently when Twitter Inc (NYSE:TWTR) filed its latest Form 10-Q filed with the Securities and Exchange Commission. We took a look at the SEC filing, which showed that Twitter Inc (NYSE:TWTR) ended up paying for around $134 million for the acquisition. According to the filing. Twitter Inc (NYSE:TWTR) agreed to pay $107.3 million in cash and issue a total of 600,000 shares of common stock, including shares of restricted stock subject to continued employment for all of…
BTIG has always been skeptical of Netflix, Inc. (NASDAQ:NFLX) rise over the past few months. Back when Netflix, Inc. (NASDAQ:NFLX)’s stock had broken the $400 mark for the first time in February this year, BTIG had posted a long Blog on its website on the implied value of HBO relative to the market value of Netflix, Inc. (NASDAQ:NFLX). As an article from Benzinga highlighted, BTIG has again taken shots at Netflix, Inc. (NASDAQ:NFLX) when it crossed the revenue figures of HBO. In its Blog on February, BTIG had questioned whether the valuation of Netflix, Inc. (NASDAQ:NFLX) at $25 billion was justified when HBO, being a…
David Miller from Topeka Capital Markets is continuing with his ‘Buy’ rating on Netflix, Inc. (NASDAQ:NFLX)’s stock, but has increased his price target for the share from $517 to $527. Barron’s reported on this, in one of its blog posts. Miller raised his price target for the stock because he raised his 2015 revenue estimate for Netflix, Inc. (NASDAQ:NFLX) on the back of a higher International streaming subscriber count. Miller mentioned in the report to his clients that Netflix, Inc. (NASDAQ:NFLX) has come a long way and from next month will be in a broad push in countries including France, Austria, Switzerland, Belgium, and Luxembourg. He also…