Amazon.com, Inc. (NASDAQ:AMZN), its intimidating CEO, its fight with publishers and its staggeringly extensive reach were previewed in a series of videos that lead up to Dan Faber’s special on the company to be aired by CNBC. In the first of the series of videos, Faber asked David Sellinger, a former data mining expert at Amazon.com, Inc. (NASDAQ:AMZN), whether he remembers his first conversation with Jeff Bezos, the company’s notorious CEO and founder. The former Amazon employee who now runs his own research firm said that he markedly remembers his first conversation with the CEO and that few people will…
Author: Solon Harmony B. Dolor
The smartwatches that Apple Inc. (NASDAQ:AAPL) and Google Inc (NASDAQ:GOOGL) will need to be considered by consumers to be cool in order for them to succeed, Jon Fortt said in a discussion with Carl Quintanilla and Jon Steinberg on CNBC. The trio were talking about wearables and smartwatches in particular as the buzz surrounding Apple Inc. (NASDAQ:AAPL) and its much anticipated smartwatch grows. Recently, the oft-discussed iWatch was said to be nearing production this July. Furthermore, other details such as the possibility of having different screen sizes – 1.3-inch, 1.5-inch and 2.5-inch – have also surfaced. Quinatinilla started the discussion…
BlackBerry Ltd’s (NASDAQ:BBRY) four biggest flops were named in a recent list by Bloomberg Ranx. At number four is the BlackBerry Storm. The Storm was released by BlackBerry Ltd (NASDAQ:BBRY) in November 2008 after being launched September of that year. This was the Canadian company’s first attempt to directly take on the Apple Inc.’s (NASDAQ:AAPL) iPhone. However, according to Bloomberg, the smartphone was plagued by buggy software and bad performance. As a result, it was panned by critics with noted New York Times writer David Pogue even calling it “The BlackBerry Dud,” the report said. Clinching the third spot in…
Dreamworks Animation Skg Inc (NASDAQ:DWA) and Intel Corporation (NASDAQ:INTC) walked away with various benefits in their collaboration to make the new Apollo animation software used to make the How To Train Your Dragon 2 movie, Jon Erlichman revealed in a report for Bloomberg. According to Erlichman, when the first How To Train Your Dragon was made, Dreamworks Animation Skg Inc (NASDAQ:DWA) used a software called Emo to bring its characters to life. Though the production was successful in making the movie, the actual task of making the film was harder than it was for the second movie in the franchise.…
MICROS Systems, Inc. (NASDAQ:MCRS) has revealed on Monday that it has agreed to be bought by Oracle Corporation (NYSE:ORCL) for approximately $5.3 billion. Oracle Corporation (NYSE:ORCL) will be paying $68.00 for each share of common stock that a MICROS Systems, Inc. (NASDAQ:MCRS) shareholder owns. The deal is Oracle’s biggest acquisition in five years after it bought Sun Microsystems for about $7.4 billion in 2009. The deal follows disappointing fourth-quarter performance for Oracle after it reported an adjusted earnings-per-share of $0.92 on Thursday. Analysts were expecting an EPS of $0.95. According to MICROS Systems, Inc. (NASDAQ:MCRS), a maker of software for…
Apple Inc.’s (NASDAQ:AAPL) iWatch will aim to tie people more to the company’s ecosystem, Jon Erlichman said in a recent discussion on Bloomberg. Erlichman was discussing Apple Inc. (NASDAQ:AAPL) smartwatch in light of recent reports that the iPhone-maker is set to start producing its iWatch in July. According to a recent report from Reuters, suppliers for the much-discussed iWatch includes South Korea’s LG Display Co and Singapore’s Heptagon. Furthermore, the watch is reportedly being manufactured by Taiwan’s Quanta Computer. According to Erlichman, the current details out in reports today point to Apple Inc. (NASDAQ:AAPL) introducing different looks and feels for…
Eli Lilly and Co (NYSE:LLY) CEO John Lechleiter has revealed in a discussion on Fox Business Network that he is anticipating more advances in the industry’s fight against cancer. The Eli Lilly and Co (NYSE:LLY) CEO was initially congratulated about his company’s 10-year-high performance. Lechleiter said in jest that he thinks this is because he has been interviewed on Fox Business more often lately. The CEO then added that he thinks the current performance of his company is because people are starting to see the company’s product pipeline bear fruit. He noted that Eli Lilly and Co (NYSE:LLY) has gotten…
Apple Inc. (NASDAQ:AAPL) appears to have started manufacturer adoption of a smartphone kill switch that deters theft as both Microsoft Corporation (NASDAQ:MSFT) and Google Inc (NASDAQ:GOOGL) are reportedly including such a feature in their operating systems in the future, a report from PCWorld reveals. The move from both Microsoft Corporation (NASDAQ:MSFT) and Google Inc (NASDAQ:GOOGL) comes after authorities revealed that there was a drop in iPhone thefts in New York and in San Francisco after the iPhone was updated to have a kill switch. Apple Inc. (NASDAQ:AAPL) spearheaded the adoption of such a feature for its mobile devices as the…
Facebook Inc (NASDAQ:FB) wants to innovate with a building block of the internet, Doug MacMillan explained in a recent discussion on Fox Business Network. According to The Wall Street Journal technology reporter, Facebook Inc (NASDAQ:FB) wants to transform one of the building blocks of the internet, the network switch, because the company is one of the biggest consumers of bandwidth on the world wide web. In its announcement, Facebook Inc (NASDAQ:FB) announced the network switch it has named Wedge and its Linux-based OS the company named FBOSS which will power the network switch. The social media giant said that their…
BAE Systems PLC (ADR) (OTCMKTS:BAESY) has revealed that it has foiled a cyber-attack on a large hedge fund, CNBC’s Eamon Javers said in a recent report. According to Javers, BAE Systems PLC (ADR) (OTCMKTS:BAESY) does not exactly know who committed the cyber-attack. What it means, however, is that the group had specialized knowledge on how to do this attack. The CNBC personality also said that this also implies that there are only a few people or groups of people in the world who could have carried out this attack. The attackers would have had the technical knowledge and the ability…
BlackBerry Ltd (NASDAQ:BBRY) is not for sale and is viable, CEO John Chen said in an interview on Bloomberg Television. The comment comes from the CEO after BlackBerry Ltd (NASDAQ:BBRY) reported its first quarter 2015 results on Thursday posting a smaller than expected loss. The company’s net income was $23 million, or 4 cents per share, on revenue of approximately $966 million. Its adjusted loss was reported to be $60 million, or 11 cents per share, which is smaller compared to its loss of $67 million during the same quarter last year. Analysts expected the phone maker to post an…
Netflix, Inc. (NASDAQ:NFLX) is making a big step as it partners with Chelsea Handler to make a new streaming talk show format, Henry Blodget said in a recent discussion on CNBC. The comment comes from the CEO of Business Insider as it was recently revealed that Handler will be working with the content deliver company on a new show. The discussion was started by Julia Boorstin reporting on the deal made by Netflix, Inc. (NASDAQ:NFLX) with the comedian. She noted that the partnership kicks off this October as the company airs a 1-hour comedy special titled “Uganda Be Kidding Me”…