The alleged Apple Inc. (NASDAQ:AAPL) iPhone 6 that TMZ has posted photos of, is a fake, Ben Parr told CNBC in an interview. Parr, the cofounder and managing partner of DominateFund, made the comment after TMZ posted what it claims are photos of the yet-to-be-unveiled iPhone 6 in an article that says “geeks” to “drool” over the newest smartphone from the Cupertino, California-based consumer electronics giant. When questioned about the supposedly new smartphone from Apple Inc. (NASDAQ:AAPL), Parr unequivocally said it is a hoax. “I personally don’t [think they are legitimate photos] and I’ll give two reasons why. There are multiple ones,…
Author: Solon Harmony B. Dolor
Tesla Motors Inc (NASDAQ:TSLA) has a lot of incentives to put up its “Gigafactory” in California and Senator Ted Gaines is “very confident” in his state’s chances of beating other states which are also pursuing the electric car maker. The remarks were made by the senator in an interview on CNBC and come after he reportedly said that California may give Tesla Motors Inc (NASDAQ:TSLA) an exemption on environmental rules mandated by the California Environmental Quality Act (CEQA) in order for the company to quickly build its massive battery manufacturing facility. Gaines was first asked in the interview why they in…
Facebook Inc (NASDAQ:FB)’s fight with the The New York County District Attorney’s Office over user data feels like a public relations move, Michael Fertik, the CEO of Reputation.com, told CNBC in an interview. The comment comes from the executive after it has been revealed that Facebook Inc (NASDAQ:FB) is in a battle with the government agency over data pertaining to hundreds of users of the world’s largest social network. According to The New York Times, the social networking giant is of the opinion that government prosecutors encroached on user rights to not be subject to unreasonable searches. Furthermore, it has been revealed…
Apple Inc. (NASDAQ:AAPL) is poised to sell more iPhones in emerging markets where consumers usually opt for more affordable choices, analysts say. According to a report from Yahoo! Finance’s Aaron Pressman, this expected development is in part driven by the growing number of middle class consumers in markets such as China, India, Indonesia, Malaysia, Russia and Vietnam. This prediction comes as Apple Inc. (NASDAQ:AAPL) is expected to debut its newest smartphone, the iPhone 6, next month. According to recent estimates, the company is most likely debuting its iPhone 6 at an event on September 9. The Cupertino, California-based consumer electronics giant…
The Coca-Cola Company (NYSE:KO) should buy the whole of Monster Beverage Corp (NASDAQ:MNST), John Faucher, senior consumer staples analyst at JPMorgan, said in a discussion on CNBC. The comment which was made in a segment of CNBC’s “Squawk Box” comes after it has been reported that The Coca-Cola Company (NYSE:KO) has bought a substantial 16.7% stake in Monster Beverage Corp (NASDAQ:MNST). The deal is valued at $2.15 billion. Faucher wonders why The Coca-Cola Company (NYSE:KO) does not just buy Monster Beverage Corp (NASDAQ:MNST). The analyst said that he thinks this is the right move for the stagnating giant. He said…
Tesla Motors Inc (NASDAQ:TSLA) should be bought at lower numbers than it is currently trading at the moment, David Seaburg and Ari Wald told Amanda Drury in an interview on CNBC’s ‘Talking Numbers’. The comment about Tesla Motors Inc (NASDAQ:TSLA) comes as the stock has steadily climbed in the year. In fact, Tesla Motors Inc (NASDAQ:TSLA) hit an all-time high this week as it has continuously climbed 75% within the year, according to Drury. This prompted the CNBC host to ask David Seaburg, head of sales trading at Cowen Group Inc., and Ari Wald, head of technical analysis at Oppenheimer &…
King Digital Entertainment PLC (NYSE:KING) may be going the way of Zynga Inc (NASDAQ:ZNGA), Jon Fortt said in a recent discussion on CNBC’s “Squawk on the Street”. The comments about King Digital Entertainment PLC (NYSE:KING) and Zynga Inc (NASDAQ:ZNGA) comes after the Candy Crush Saga maker reported bookings that were down more than expected for the current quarter. According to Fortt, he has had reservations that King Digital Entertainment PLC (NYSE:KING) may become the new Zynga Inc (NASDAQ:ZNGA) since King Digital debuted on the stock market. “Remember IPO day and we were talking about it and my big question was, ‘Is this…
Apple Inc. (NASDAQ:AAPL) is expected by some industry observers to be using sapphire as a material for the display of its next iPhone, the much-awaited iPhone 6. In a report for Recode, Katherine Boehret explained five things people should know about a sapphire display. The first idea presented by Boehret who said she talked with sapphire makers, like Kyocera, and glass makers, like Corning is that sapphire displays, if ever they will be used by Apple Inc. (NASDAQ:AAPL) for the iPhone 6, will be clear and will not have any hues like the usual blue color of sapphire gems. This…
BlackBerry Ltd (NASDAQ:BBRY)’s BBM Protected service has been rolled out by the company for devices that are running its BlackBerry Balance technology. The announcement was made by BlackBerry Ltd (NASDAQ:BBRY) through a post on the official company blog by Jeff Gadway, head of product and brand marketing for BBM. In the announcement, Gadway said that the enabling of BBM Protected for BlackBerry Balance-enabled devices is the second phase in the company’s plans for BBM Protected. “Today we started phase 2 of the BBM Protected roll out, adding support for BlackBerry devices using Balance technology. This step allows BBM Protected to…
Twitter Inc (NYSE:TWTR) is more effective than Facebook Inc (NASDAQ:FB) in promoting applications, John Borthwick, who is founder and CEO of Betaworks, said in a recent interview with Bloomberg’s Pimm Fox. The comment about Twitter Inc (NYSE:TWTR) and Facebook Inc (NASDAQ:FB) comes as the executive was talking to Fox about reports that Twitter will be rolling out video advertisements soon. Betaworks was an early investor in Twitter and also has or had investments in Buzzfeed, Airbnb, Tumblr, TweetdDeck, Yo, Path and Kickstarter. Fox queried Borthwick whether Twitter Inc (NYSE:TWTR) having video ads is good and is only a natural evolution…
If there’s one worry a Tesla Motors Inc (NASDAQ:TSLA) car brings to Kevin O’Leary’s mind, it’s about the car’s battery being where he sits. The point was raised by the businessman of “Shark Tank” as he and the “Squawk Alley” team on CNBC were discussing the latest review of the Tesla Motors Inc (NASDAQ:TSLA) Model S by Consumer Reports. O’Leary pointed out that he was in a Tesla Motors Inc (NASDAQ:TSLA) showroom and was choosing colors for a car when a woman approached him and asked him whether or not he is worried about his ‘package’ realizing he will be sitting…
BlackBerry Ltd (NASDAQ:BBRY) smartphones are also susceptible to a mode of attack using the same mechanism phone manufacturers use to roll out software updates and execute network administration tasks, researchers have revealed at the Black Hat conference on Thursday. Mathew Solnik and Marc Blanchou who work as research consultants with Accuvant Labs said that Android, BlackBerry Ltd (NASDAQ:BBRY) and some Apple Inc. (NASDAQ:AAPL) smartphones can be attacked by using the Open Mobile Alliance Device Management (OMA-DM) protocol. For smartphones like those made by BlackBerry Ltd (NASDAQ:BBRY) to be taken over, the attacker needs to know the device’s International Mobile Station…