Google Inc (NASDAQ:GOOGL)’s ad and commerce group’s main focus is mobile, Google Senior Vice President Sridhar Ramaswamy has revealed in an interview with Bloomberg. The comment comes as the internet giant will be rolling out local ads, a feature that debuted on mobile devices for the tech giant, to the desktop. The rollout of the feature to the desktop marks the first time a Google Inc (NASDAQ:GOOGL) feature debuted on mobile before eventually being extended to the desktop, Bloomberg notes. According to Ramaswamy who oversees the ads and commerce group of the internet search and advertising giant, mobile is the…
Author: Solon Harmony B. Dolor
Apple Inc. (NASDAQ:AAPL) and Samsung Electronics Co. Ltd. face a massive subsidy cut by Chinese wireless carriers, Bloomberg’s Ed Lococo said in recent discussion on “First Up” . The discussion about rivals Apple Inc. (NASDAQ:AAPL) and Samsung Electronics Co. Ltd. is on the heels of news that carriers in the Asian country will be decreasing subsidy given to new subscribers to purchase phones to the tune of $3.9 billion. According to Lococo, China Mobile Ltd. (ADR) (NYSE:CHL) revealed this August that they will be decreasing the subsidy they give to subscribers to make phones more affordable by $2 billion. Furthermore,…
Twitter Inc (NYSE:TWTR)’s MoPub mobile advertising business sees a billion users every month and auctions “billions” of ad impressions every day, Adam Bain, President of Global Revenue & Partnerships at Twitter, told CNBC in an interview. The comment from the Twitter Inc (NYSE:TWTR) executive was made as he discussed current issues surrounding the company including a study recently published by the Pew Research Center about social media actually pushing people to be more shy rather than vocal about their opinions. “We’re excited about MoPub. I think there is an incredible opportunity there,” Bain said in the interview. According to the…
Hyatt Hotels Corporation (NYSE:H)’s CEO Mark Hoplamazian has remarked that New York will provide a steady supply of guests for the next two decades for the company in an interview on Bloomberg Television’s “Market Makers”. The interview with the Hyatt Hotels Corporation (NYSE:H) president and chief executive officer was done on the heels of the company unveiling its newest luxury hotel in New York, the Park Hyatt New York. Rates at the newest Hyatt luxury hotel in New York is said to range on the average from about $800 to $1,200. “The supply referenced that is coming into New York…
General Motors Company (NYSE:GM) has revealed that deaths that have been claimed to be linked to faulty ignition switches in their vehicles have risen to 107, Liz MacDonald said in a report on Fox Business Network. MacDonald was referring to revelations made by Amy Weiss, a spokeswoman for Kenneth Feinberg who is General Motors Company (NYSE:GM)’s administrator for the fund for victims of the glitch, in a report by Reuters. According to Reuters, Weiss revealed that General Motors Company (NYSE:GM) has now received a total of 107 claims of deaths resulting from the faulty ignition switches linked to the company’s…
QUALCOMM, Inc. (NASDAQ:QCOM) may be the subject of an antitrust investigation by the European Commission in the fall, a report from Re/code reveals. Citing several unnamed sources said to be familiar with the issue, Re/code points to a complaint filed years ago by QUALCOMM, Inc. (NASDAQ:QCOM) rival NVIDIA Corporation (NASDAQ:NVDA) as the cause of the antitrust probe. The possible investigation of QUALCOMM, Inc. (NASDAQ:QCOM) comes as the company is also facing difficulties in collecting royalties in China after the country’s authorities have started probing the semiconductors giant for potential monopolistic practices. According to Re/code, three sources have told them that…
Google Inc (NASDAQ:GOOGL) revealed on Tuesday that it has acquired computer-generated imagery rendering startup Zync Inc. The terms of the deal were undisclosed. Zync Inc., which was previously geared towards offering special effects rendering capabilities to clients using Amazon.com, Inc. (NASDAQ:AMZN)’s Elastic Compute Cloud, has had its technology utilized to produce special effects for movies such as “Star Trek: Into Darkness,” “Transformers,” “Looper,” “American Hustle” and “Zookeeper”. According to Belwadi Srikanth, Product Manager of Google Inc (NASDAQ:GOOGL)’s Cloud Platform, the Zync Inc. team will be integrated to the Google Cloud Platform team and its technology will be offered through the…
The vision of Apple Inc. (NASDAQ:AAPL) CEO Tim Cook is about to be seen by the world, Walter Isaacson, author of “The Innovators,” said in a discussion about the consumer electronics giant on CNBC. The remark from the author who also penned the eponymous and only official biography of Apple Inc. (NASDAQ:AAPL) cofounder Steve Jobs comes as all eyes are on the iPhone-maker as it is set to unveil new products this September. Expected among the devices to be unveiled by the Cupertino, California-based giant are a 4.7-inch iPhone, a 5.5-inch iPhone and other products such as possibly a smartwatch.…
Mobileye NV (NYSE:MBLY) and The Wendy’s Co (NASDAQ:WEN) are stocks to watch, CNBC’s Jim Cramer said in a discussion in a segment of “Stop Trading”. According to Cramer, Mobileye NV (NYSE:MBLY) is all about collision avoidance systems. It is a company based in Israel, the host added, which has the potential to break out. Cramer, describing Mobileye NV (NYSE:MBLY) as “a powerful company,” said that he would love if Harman International Industries Inc./DE/ (NYSE:HAR) will get together with Mobileye. He said that Harman is his favorite in terms of high-end intellectual property. The CNBC host added that investors should…
The Tesla Motors Inc (NASDAQ:TSLA) Model S is not the second coming of the Ford Model T, Matt DeLorenzo, managing editor of Kelley Blue Book, said in a discussion on Bloomberg’s “Street Smart”. The comment about Tesla Motors Inc (NASDAQ:TSLA) was made by DeLorenzo in the interview which also featured Bloomberg’s Cory Johnson after two owners of the company’s Model S took out a full-page ad in a Silicon Valley newspaper to suggest features for their vehicles. “It’s a small startup company that’s doing a niche product with limited sales and appeal. I think part of the thing is that…
Amazon.com, Inc. (NASDAQ:AMZN)’s acquisition of Twitch Interactive is a great fit for the company, Ethan Kurzweil, partner at Bessemer Venture Partners, told CNBC in an interview. The comment about Amazon.com, Inc. (NASDAQ:AMZN) comes after Twitch Interactive CEO Emmett Shear confirmed on Monday that his company has been acquired by the internet commerce giant. “I think it is a great fit for Amazon. If you think about it, Amazon is committed to allowing Twitch to run independently and leaving the team that is in place there to run the company. That’s really important,” Kurzweil said. He added that the team at…
Apple Inc. (NASDAQ:AAPL) is set to snatch share from Samsung Electronics Co. Ltd. with the upcoming release of the iPhone 6, Daniel Niles, founding partner of Alpha One Capital Partners, said in an interview on CNBC. The comment from the Apple Inc. (NASDAQ:AAPL) investor comes as the Cupertino, California-based giant is widely expected to launch its iPhone 6 in an event it has scheduled for September 9. According to Niles, the launch of the next iPhone will be one of the company’s biggest product release cycles. Owing to this, the behavior of the iPhone-maker’s stock may be different this time, he…