Amazon.com, Inc. (NASDAQ:AMZN) is implying that the Fire Phone has had slower uptake than the company expected as the company announced that its smartphone can be had for just $0.99. The move to discount the Amazon.com, Inc. (NASDAQ:AMZN) smartphone comes after it was just launched over a month ago by the electronic retail giant. According to Amazon.com, Inc. (NASDAQ:AMZN), the $0.99 deal for the 32GB Amazon Fire Phone is available for customers through the Amazon website and AT&T Inc. (NYSE:T) sites and stores. For the price, the smartphone will have to be purchased with a two-year contract on AT&T Inc.…
Author: Solon Harmony B. Dolor
Facebook Inc (NASDAQ:FB) has revealed that its users make 1 billion video views every day since June. The announcement was made by Facebook Inc (NASDAQ:FB) on Sunday when it also announced that it is launching view counts for videos. “Growth in video views exceeded 50% from May through July of this year, and since June there has been an average of more than 1 billion video views on Facebook every day,” Fidji Simo, Facebook Project Management Director for Video, wrote. Furthermore, the Facebook Inc (NASDAQ:FB) engineer revealed that more than 65% of video views on the site happen through mobile…
Apple Inc. (NASDAQ:AAPL)’s event on Tuesday may be the largest product launch the company has made in a long time, Michael Andronico of Laptop Mag told CNBC in a discussion. Apple Inc. (NASDAQ:AAPL) is widely expected to debut the next iPhone on Tuesday. Furthermore, the Cupertino, California-based consumer electronics giant is reported to be launching not one but two versions of this new smartphone. “If all the rumors surrounding the iPhone 6 hold up, I really think this could be Apple’s biggest product launch in a long time. Apple is finally delivering the form factors consumers want with a 4.7-inch…
The winning Google Inc (NASDAQ:GOOG) image recognition technology named GoogLeNet will likely be used by the company for YouTube and self-driving cars, the company revealed in a blog post about the system. The revelation was made by Google Inc (NASDAQ:GOOG) as it also announced that GoogLeNet won this year’s ImageNet Large-Scale Visual Recognition Challenge (ILSVRC). According to the technology giant, GoogLeNet was named “in homage to LeNet, Yann LeCun’s influential convolutional network.” “These technological advances will enable even better image understanding on our side and the progress is directly transferable to Google products such as photo search, image search, YouTube,…
JD.Com Inc (ADR) (NASDAQ:JD) is a better investment at the moment that Alibaba Group, Jeff Dorr of J Capital Research told CNBC in an interview. The JD.Com Inc (ADR) (NASDAQ:JD) recommendation over Alibaba Group was made by the equity analyst as the latter is expected to shortly mark its initial public offering on the New York Stock Exchange. “In our view at least, we prefer the business model of JD.com. We just feel that with an 80% market share for Alibaba at this stage, you really can only grow in line with the market. With JD.com having 20% market share,…
Apple Inc. (NASDAQ:AAPL)’s stock price is fully-valued and already has expectations for the iPhone 6 and the iWatch built in, Scott Kessler of S&P Capital IQ said in an interview with CNBC’s Investing Edge. The comment about Apple Inc. (NASDAQ:AAPL) comes as the technology giant is widely expected to debut its next-generation iPhone and a possible smartwatch at their event scheduled for tomorrow. The interview also comes as the company is being scrutinized after an alleged hack on its iCloud service was initially reported to have resulted to the leak of dozens of risqué private photos of celebrities. According to…
Mobileye NV (NYSE:MBLY)’s opportunities going forward were discussed by the company’s co-founder, Chief Technology Officer and Chairman, Professor Amnon Shashua, in an interview on CNBC. The interview with the Mobileye NV (NYSE:MBLY) co-founder comes after the company has just reported its second quarter results. The maker of camera-based driver assistance technologies reported non-GAAP earnings per share of $0.05 on $33.7 million in sales for the second quarter. This is the first quarterly report from Mobileye NV (NYSE:MBLY) after its initial public offering which it just completed on August 6. According to Prof. Shashua, the initial public offering of the company…
Whole Foods Market, Inc. (NASDAQ:WFM) is lowering prices as spearheaded by co-Chief Executive Officer John Mackey, a report from Betty Liu on Bloomberg’s “In The Loop” reveals. The move from the top executive of Whole Foods Market, Inc. (NASDAQ:WFM) comes as the company is trying to get rid of an old negative perception by consumers, Liu noted. “Moving and shaking this hour is Whole Foods co-CEO John Mackey. He is trying to get rid of the grocery chain’s high price, ‘whole paycheck’ image so he has been lowering prices especially on produce,” Liu said. The result of this move by…
J C Penney Company Inc (NYSE:JCP) is “very strong” as the retailer reaps benefits of the economy among other factors, Jim Cramer remarked in a recent segment of CNBC’s “The Mad Dash”. According to Cramer, J C Penney Company Inc (NYSE:JCP) being strong is not going to jive with what many people think of the company. However, he noted that the company may be reaping the benefits of an economy that supports more spending. He said that the U.S. has job creation, lowering price of gasoline and deflation. As an example of how J C Penney Company Inc (NYSE:JCP) also…
Intel Corporation (NASDAQ:INTC) has launched the MICA or “My Intelligent Communication Accessory,” a high-end smart bracelet that is more aimed at those looking for luxury and fashion items than those who are looking for a plain smart watch. Intel Corporation (NASDAQ:INTC)’s MICA features a curved sapphire display and will be part of Opening Ceremony’s Spring/Summer 2015 fashion show. The smart bracelet is said to be designed by Opening Ceremony and engineered by Intel. The announcement comes after CNET reported last week, citing an unnamed source familiar with the project, that Intel Corporation (NASDAQ:INTC) will be the next company to enter…
The impending initial public offering of Yahoo! Inc. (NASDAQ:YHOO)-connected Alibaba Group will see Barclays PLC (ADR) (NYSE:BCS) as its primary underwriter, a report from CNBC has revealed. According to CNBC’s Dominic Chu, sources familiar with the matter have revealed that the Alibaba Group has indeed chosen Barclays PLC (ADR) (NYSE:BCS) as their market-maker. Furthermore, Chu noted that the Alibaba Group will be listed on the New York Stock Exchange and will trade under the ticker symbol BABA. Yahoo! Inc. (NASDAQ:YHOO) owns 22.5% or about 524 million shares of the Alibaba Group as revealed in page 228 of the U.S. company’s…
Amazon.com, Inc. (NASDAQ:AMZN)’s recent win over Google Inc (NASDAQ:GOOGL) in the acquisition of Twitch Interactive came down to the internet commerce giant’s reputation with past acquisitions and its vision of the gaming industry, Emmett Shear, the chief executive officer of Twitch, told Trish Regan and Cory Johnson in a segment of Bloomberg “Street Smart”. According to Shear, when he met with Amazon.com, Inc. (NASDAQ:AMZN) founder and CEO Jeff Bezos about the acquisition, it was clear to him that their vision of the video game industry’s future were in sync. “[…] I got to meet with Jeff [Bezos and the team]…