Russia has just suggested that Apple Inc. (NASDAQ:AAPL) and SAP SE (ADR) (NYSE:SAP) give their government access to the source code of their software, Reuters reports. The move is being proposed by the Russian government as a step to ensure that these companies’ products are not being used for espionage. The move also comes from Russia as it may be about to get hit by the most harsh sanctions by the United States and other European countries in connection to the MH17 tragedy. With its ubiquitous gadgets, Apple Inc. (NASDAQ:AAPL) may be the perfect company to be used to spy…
Author: Solon Harmony B. Dolor
IMAX Corporation (USA) (NYSE:IMAX) CEO Richard Gelfond said in a recent interview on CNBC that they are seeing good growth in emerging markets and in China. The IMAX Corporation (USA) (NYSE:IMAX) chief was asked first about how the company is reacting and adapting to the globalization of demand for entertainment content, particularly in Asia, which is a market that they serve. According to Gelfond, the company is fortunate to be ahead of the curve when it comes to China. “Well in China in particular, we were fortunate enough to be way ahead of the curve. We have 168 theaters open…
Twitter Inc’s (NYSE:TWTR) performance for the second quarter was a big win for the social network, Cory Johnson said in a discussion with Betty Liu on Bloomberg’s In the Loop, while Ben Lerer said that the company has improved how efficient their ads are. Twitter Inc (NYSE:TWTR) recently posted better-than-expected performance for the second quarter of the year with an earnings per share of $0.02 on $312 million in revenue. That is above the $0.01 EPS the Street was expecting and is up 124% compared to the same quarter last year. Apart from that, Twitter Inc (NYSE:TWTR) also reported 271…
What has Twitter Inc (NYSE:TWTR) learned and did in the recent months to post better-than-expected performance in the second quarter of the year? According to Paul Sweeney and Debra Aho Williamson in a discussion with Cory Johnson on Bloomberg’s Taking Stock, it has reaccelerated its growth and has locked on to real-time marketing. According to Sweeney who works at Bloomberg intelligence, Twitter Inc (NYSE:TWTR) is now getting better numbers in fundamentals and key metrics. Furthermore, he said that the social network is proving its long-term story. “This was a good quarter for Twitter and I think the stock gets kind…
Microsoft Corporation (NASDAQ:MSFT) being investigated in China may be an escalation of an incident that happened just a few months ago in the country, Megan Hughes discussed in a recent report on Bloomberg’s Street Smart. As was earlier reported, Microsoft Corporation (NASDAQ:MSFT) is being probed in the country for possible monopolistic practices. Hughes shed more detail on the topic by saying that the Chinese government agency which raided the offices of the Redmond, Washington-based giant is the State Administration for Industry and Commerce. “Chinese regulators yesterday [seized] computers and documents from Microsoft offices. This was across four different cities in…
martwatch when it comes out, it was pointed out in a discussion on Bloomberg featuring Jeff Clavier and Barry Ritholtz. The discussion comes as talks continue among observers of the technology industry about whether Apple Inc. (NASDAQ:AAPL) will release a smartwatch called either the iWatch or the iTime and what it will do for the wearables industry and for the iPhone maker. Of course, Google Inc (NASDAQ:GOOGL) has long been often mentioned in discussions about the wearables market as it already has its Google Glass project. According to Clavier, the smartwatch, if ever Apple Inc. (NASDAQ:AAPL) decides to launch one,…
The Tesla Motors Inc (NASDAQ:TSLA) Model S was reviewed by Richard Hammond for the Mirror and the renowned Top Gear presenter who is a self-confessed petrolhead likes this all-electric vehicle. Calling the Model S an “amazing” vehicle, Hammond first goes on to praise Elon Musk, founder and CEO of Tesla Motors Inc (NASDAQ:TSLA), for having a name that sounds like a Bond villain or a perfume but the brains to pull off founding PayPal, SpaceX which he said made the first private spaceship to dock at the International Space Station, and of course Tesla. Richard Hammond, saying that the Tesla…
AECOM Technology Corp (NYSE:ACM) CEO Michael Burke discussed on CNBC in a recent interview his company’s acquisition of Hunt Construction Group, Inc. The AECOM Technology Corp (NYSE:ACM) chief was first asked why this new deal in just two weeks. The price to be paid for Hunt was not disclosed by the company. AECOM just recently disclosed that it will buy URS Corp (NYSE:URS) for $4 billion. According to AECOM Technology Corp (NYSE:ACM) CEO Michael Burke, the acquisition of both companies is in line with the goal of his firm to build a stronger integrated infrastructure company. “As you’ve heard us…
The pros and cons of Twitter Inc (NYSE:TWTR) and Facebook Inc (NASDAQ:FB) were discussed by David Seaburg and Chris Dessi in a Bulls vs Bears session on CNBC. Seaburg, who was admittedly bearish about Twitter Inc (NYSE:TWTR), went first. He was asked whether he thinks investors should buy, sell or hold the stock. According to the Cowen & Company managing director, the stock should not be touched. “I think I’ve said it before in your program, I’m not a bull here, I’m a bear. I think the stock at $38 isn’t a Buy, ahead of the quarter tomorrow. I look…
Tesla Motors Inc (NASDAQ:TSLA) and other companies which have sparked the rise of the electric car, as well as new developments unorthodox energy production, are driving the energy storage market, Logan Goldie-Scot expressed in a discussion on Bloomberg’s The Pulse. Tesla Motors Inc (NASDAQ:TSLA), founded by CEO Elon Musk, has long been regarded as the company which made electric cars sexy. It successfully sells the Model S after the Telsa Roadster was discontinued. Future models include the Tesla Model X and the Tesla Model 3. Goldie-Scot was asked in the interview what is driving the momentum behind the energy storage…
Apple Inc.’s (NASDAQ:AAPL) release of the iPhone 6 will be a “pretty big deal,” Brian Marshall said in a recent discussion CNBC. The ISI Group senior managing director who also runs the company’s Technology Team and is the group’s IT Hardware and Data Networking analyst said that Apple Inc. (NASDAQ:AAPL) is expected by his firm to have a blowout performance in terms of iPhone sales during the December quarter of the year because of the iPhone 6’s potential. The iPhone will likely be launched at the end of the current quarter but its effect will be felt by the company…
BlackBerry Ltd (NASDAQ:BBRY) is in the news today after Wells Fargo & Co (NYSE:WFC) raised its price target for the company’s stock and after its CEO John Chen shrugged off the recent deal between Apple Inc. (NASDAQ:AAPL) and International Business Machines Corp. (NYSE:IBM). Wells Fargo analyst Maynard Um, in a note to clients which was sent out early Tuesday, raised the price target for BlackBerry Ltd (NASDAQ:BBRY). Um’s revised valuation range for the company comes after meetings with the smartphone and services company’s senior executives. In the note, Um raised his price target range for BlackBerry Ltd (NASDAQ:BBRY) from $8.50…