Intel Corporation (NASDAQ:INTC) has released a top 10 list of Intel-powered “Internet of Things” projects at the recent Intel Developer Forum 2014 (IDF14) expo. According to Doug Davis who is an Intel Corporation (NASDAQ:INTC) vice president and general manager of the Internet of Things Group, his list is a collection of projects he highlighted at his Mega Session at the IDF14 event. The first project mentioned by the Intel Corporation (NASDAQ:INTC) vice president is the connected ankle collars used in eastern and central Africa to track rhinoceroses. The devices, he wrote, empowers researchers to locate animals, monitor its behavior, and…
Author: Solon Harmony B. Dolor
Barnes & Noble, Inc. (NYSE:BKS) has a secret weapon up its sleeves to counter the company’s decline: toys. Laurie Schacht told Betty Liu in a discussion on Bloomberg’s “In The Loop” that the bookseller’s latest bid to try and sell more toys is a “smart” move. According to the Adventure Publishing chief executive officer, Barnes & Noble, Inc. (NYSE:BKS) will try to sell more toys this coming holiday season. This is expected to generate more sales for the company as it struggles to get up on its feet. In Barnes & Noble, Inc. (NYSE:BKS)’s latest quarterly report, the company did…
BlackBerry Ltd (NASDAQ:BBRY) has announced that it has acquired Movirtu in a move that strengthens the company’s offerings in the bring-your-own device (BYOD) and corporate owned personally enabled (COPE) space. The terms of the deal between BlackBerry Ltd (NASDAQ:BBRY) and the U.K.-based Movirtu which develops systems that lets users use different phone numbers on a single device were undisclosed. BlackBerry Ltd (NASDAQ:BBRY) Executive Chairman and CEO John Chen said in a statement that as people and organizations still encounter challenges in the BYOD and COPE world, their acquisition of Movirtu will help the companies help those encountering these problems. “The…
Intel Corporation (NASDAQ:INTC) has announced that it has bought more than 1,400 patents and patent applications from the now-bankrupt Powerwave Technologies, Inc. According to the technology veteran, it acquired the patents and patent applications trove from The Gores Group, a private equity company that bought the patents from the defunct Powerwave Technologies, Inc. when it filed for Chapter 11 bankruptcy. Intel Corporation (NASDAQ:INTC) revealed in its announcement what the patents and patent applications cover which has a lot to do with wireless products. “Powerwave was a pioneer in telecommunications infrastructure products, including antennas and base stations. The patents relate to,…
Twitter Inc (NYSE:TWTR) is seeking to raise up to $1.5 billion from the company’s first ever debt offering. Twitter Inc (NYSE:TWTR) has announced two $650 million convertible bond offerings in a filing with the United States Securities and Exchange Commission yesterday. The social media company has the option to sell an additional $100 million for each of the two chunks of convertible bonds if the offerings are oversubscribed. The company’s notes are only being offered to institutional investors. All in all, if there is more demand for the convertible bonds than initially offered, Twitter Inc (NYSE:TWTR) stands to raise $1.5…
Amazon.com, Inc. (NASDAQ:AMZN)’s pros and cons were discussed by Jon Najarian and Dan Nathan in a segment of “Bull vs. Bear” on CNBC’s “Fast Money”. According to Najarian, Amazon.com, Inc. (NASDAQ:AMZN) is a good stock to buy at the moment because of recent third-party companies’ optimistic outlook on the electronic commerce giant, a projected increase in gross margins, and the non-event which was the Fire Phone. Najarian was referring to recent numbers put out by ChannelAdvisor saying that same-store sales among clients of Amazon.com, Inc. increased 40.4% compared to the same quarter a year ago. This metric was also reported…
Microsoft Corporation (NASDAQ:MSFT)’s rumored deal to buy Mojang AB, the maker of the popular game “Minecraft,” is probably also about intellectual property, Morningstar’s Norman Young said in a discussion on CNBC. The comment from the Morningstar senior equity analyst about the deal comes after Microsoft Corporation (NASDAQ:MSFT) has been reported by The Wall Street Journal to be close to buying Mojang AB for over $2 billion. “[Microsoft has] been able to hit a few successes with some of their acquisitions, especially some of the software ones, and I feel like this one is a little different as well. It’s a…
AT&T Inc. (NYSE:T)’s Mobile Chief Executive Officer Ralph de la Vega predicts in a discussion with CNBC’s Jon Fortt that the larger Apple Inc. (NASDAQ:AAPL) iPhones will succeed in the market. The comment from the AT&T Inc. (NYSE:T) Mobile CEO comes after Apple Inc. (NASDAQ:AAPL) unveiled two versions of its latest iPhone yesterday. The Cupertino, California-based consumer electronics giant unveiled the iPhone 6 with a 4.7-inch screen and the iPhone 6 Plus with a 5.5-inch screen. “I think Apple is going to play very well in this space because consumers want video today. Everything is being driven by video and…
Why The Alibaba Group may end up buying the whole of Yahoo! Inc. (NASDAQ:YHOO) was reveal by Bloomberg’s Mia Saini in a recent discussion on “Bloomberg Market Makers”. According to Saini who noted that The Alibaba Group will have an extra $8 billion in cash after their initial public offering which they can use to buy companies. If the Chinese electronic commerce giant borrows money, it will likely have $50 billion to spend on acquisitions among other things. Later in the discussion, it was noted that Yahoo! Inc. (NASDAQ:YHOO) can be considered a possible takeover target for The Alibaba Group.…
Why Dollar General Corp. (NYSE:DG)’s hostile takeover bid for Family Dollar Stores, Inc. (NYSE:FDO) is almost meaningless was discussed by David Faber in a “Squawk Road Map” segment on CNBC. The hostile bid from Dollar General Corp. (NYSE:DG) comes as Family Dollar Stores, Inc. (NYSE:FDO) is proceeding with acquisition talks with Dollar Tree, Inc. (NASDAQ:DLTR) which is offering less than Dollar General Corp. “Dollar General Corp. (NYSE:DG) has gone hostile in its bid to buy rival Family Dollar Stores, Inc. (NYSE:FDO). [Dollar General Corp. is] announcing this morning [that] it is taking its $80 per share offer directly to shareholders…
Some reasons why Google Inc (NASDAQ:GOOG)’s autonomous cars should not scare traditional car manufacturers was discussed by Craig Adeyanju in a post on Benzinga. According to Adeyanju, the first reason why automakers should not fear the driverless Google Inc (NASDAQ:GOOG) car is insurance. He writes that insurance companies should be expected to charge higher insurance fees for the first batch of driverless cars from the internet giant. This is because cars like those made by Google are comparable to electric cars in that they are more complicated and are more expensive to repair. This extra cost will be recouped by…
Why Microsoft Corporation (NASDAQ:MSFT) is reportedly close to buying Mojang AB, the maker of the hit video game “Minecraft,” for over $2 billion was discussed in a report on Bloomberg’s “In The Loop”. According to Bloomberg Intelligence’s Anurag Rana, Microsoft Corporation (NASDAQ:MSFT), if it does go through with the acquisition of Mojang AB, will snatch a company that makes hundreds of millions of dollars every year. The reason why the Microsoft Corporation (NASDAQ:MSFT) is interested in the company that makes “Minecraft” is because of the Xbox, Rana said. “I think Microsoft wants to make sure that [the] Xbox remains in…