Apple Inc. (NASDAQ:AAPL) is one of the partners of T-Mobile US Inc (NYSE:TMUS) in a new venture where the Telecom company has decided to make music stream free for its users. This might be a musical treat for T-Mobile US Inc (NYSE:TMUS) and Apple Inc. (NASDAQ:AAPL) plays a big role in the new initiative. John Legere, T-Mobile US Inc (NYSE:TMUS) CEO was discussing what the new offer has in store for the users on CNBC earlier today. He said that this service would be free for all the users. He also took a dig at the traditional models in the…
Author: Viki K.
Medtronic, Inc. (NYSE:MDT) develops and manufactures innovative medical device technology to treat diseases world-wide. With a global reach that extends more than 140 countries Medtronic, Inc. (NYSE:MDT) have a deep understanding of many universal healthcare challenges. Medtronic, Inc. (NYSE:MDT) has made an announcement earlier today that it has agreed to acquire Dublin, Ireland based Covidien plc (NYSE:COV) for $42.9 billion in cash and stock. In CNBC’s Closing Bell, Meg Tirrell discusses on whether this deal is more about taxes than the medical devices itself. Tirrell started off saying that Medtronic, Inc. (NYSE:MDT) buying Covidien plc (NYSE:COV) for $42.9 billion and…
Tesla Motors, Inc. (NASDAQ:TSLA) is a leader in electric vehicle design and manufacturing. It also owns the sales and services of these vehicles. In a recent announcement from Tesla Motors, Inc. (NASDAQ:TSLA) they are ready to open up hundreds of its patents to competitors. In CNBC’s Behind the Wheel show, discussion heated up on this announcement questioning the company’s move to open up patents and what would they benefit from it. Discussion on the CNBC’s Behind the Wheel kicked off saying that Tesla Motors, Inc. (NASDAQ:TSLA) would ultimately benefit if more electric vehicles are developed and the demand for the…
Google Inc (NASDAQ:GOOGL) has taken over Apple Inc. (NASDAQ:AAPL) as the #1 brand in the world. It has also been designing a lot of innovative gadgets and applications that would help the future generations. Its belief in Uber is already paying great returns. Julian Robertson, the founder of Tiger Management Group on a CNBC Exclusive opened up his views on currently the best run companies and also about the greatest investor alive today. Julian Robertson had the best hedge fund record in the whole 80’s and 90’s and was considered as the “Wizard of Wall Street”. When questioned on why…
Amazon.com, Inc. (NASDAQ:AMZN)’s Prime Music service has been launched this Thursday and it has not been able to generate a lot of hype and excitement from the user community. Let’s find out what industry analysts and experts feel about this music streaming service of the e-commerce giant. Henry Blodget, Business Insider CEO & editor-in-chief was on CNBC’s Squawk Alley recently and he was looking very positive and optimistic about the Prime package as a whole. Blodget felt that the music streaming service comes free with the Prime package of Amazon.com, Inc. (NASDAQ:AMZN) and when the company would launch the rumored…
Twitter Inc. (NYSE:TWTR)’s Chief Operating Officer Ali Rowghani announced his resignation Yesterday. Kara Swisher, co-executive editor of Re/code shares her views on how current Chief Executive Officer, Dick Costolo will handle the change in the lineup on CNBC News’ Closing Bell with Kelly Evans. Swisher feels that many things led to Rowghani’s move. Many issues, right from growth, product innovation, stock sale, etc., led to his resignation and it might even be an aftermath of buying Soundcloud. One single reason cannot be singled out as all the issues might have coagulated into making Rowghani’s approach not working out as expected.…
Hussein Kanji, a partner at Hoxton Ventures, talks to Olivia Sterns of Bloomberg Television’s “The Pulse”, about Google Inc. (NASDAQ:GOOGL)’s footsteps into Germany. They talk about Google Inc. (NASDAQ:GOOGL)’s initiative to help startups in the country, and the issues it faces due to the new regulations within the European Union. Kanji feels that Germany is not quite the technological hub that everyone is hoping it would be, because of the fact that there are very few technological startups from Germany. Few of the most successful tech entrepreneurs are basically those who copy other business strategies and implement them as their…
Apple Inc. (NASDAQ:AAPL) and Starbucks Corporation (NASDAQ:SBUX) are facing pressure from the EU in the form of a tax investigation. The EU has launched an investigation stating that the US based companies got Tax benefits from the Irish government. Apple Inc. (NASDAQ:AAPL) says that didn’t get any favorable treatment from Ireland and even the Irish government says that same, while the EU has launched an official investigation to look into this issue. Similarly an investigation has been launched on Starbucks Corporation (NASDAQ:SBUX) for breaching state laws to save taxes in the Netherlands. So the issue is not about the US…
Google Inc (NASDAQ:GOOGL) has been a company that has worked continuously towards making the software and computing better and closure to human psychology. Ray Kurzweil, director of Engineering at the No.1 brand in the world was confident that the barrier between humans and computers would be reduced sooner. CNBC’s Bob Pisani was reporting on this and about his entire discussion with the director of Engineering at Google Inc (NASDAQ:GOOGL). Kurzweil said that the way we live and work is going to change pretty soon with the help of Artificial Intelligence. Google Inc (NASDAQ:GOOGL) is currently working on a Natural language…
Adam Johnson of Bloomberg discussed five major stocks that matter more than others yesterday. The five biggest stocks in the market: Apple Inc. (NASDAQ:AAPL), Exxon Mobil Corporation (NYSE:XOM), Google Inc. (NASDAQ:GOOGL), Microsoft Corporation (NASDAQ:MSFT) and Berkshire Hathaway Inc. (NYSE:BRK.A) have a combined market cap of $2.04 trillion, which is almost equal to the $2.06 trillion capital of the Russell 2000; the 2000 smallest stocks in the U.S. market. So the 5 major stocks have the same market cap of 2000 stocks combined! Johnson went on to talk about the Russell 3000, which includes large, medium and small capital stocks. Pointing…
Covidien plc (NYSE:COV), Sanofi SA (NYSE:SNY), Illumina, Inc. (NASDAQ:ILMN) and GlaxoSmithKline plc (NYSE:GSK) are the coolest pharma stocks and the innovation these companies bring to the pharma world just tells why these companies are the coolest ones. Meg Tirrell of CNBC reports on the pharmaceutical stocks that are likely to influence the future of medicine. She begins by explaining about Covidien plc (NYSE:COV)’s pill-sized swallowable camera. Covidien plc (NYSE:COV) acquired Given Imaging in 2013 for $860 million and went on to develop the PillCam Colon which can act as a replacement for the highly uncomfortable colonoscopy procedure, by taking pictures all…
Netflix, Inc. (NASDAQ:NFLX) and Verizon Communications Inc. (NYSE:VZ) have been involved in a small battle on streaming issues. The internet TV provider is blaming Verizon Communications Inc. (NYSE:VZ) for the issues in streaming for a few of its customers. Netflix, Inc. (NASDAQ:NFLX) is displaying a message on the customer’s screen blaming the ISP for lower streaming quality and delays in loading videos. Mitch Lowe, Netflix, Inc. (NASDAQ:NFLX)’s co-founder was on CNBC’s Squawk Alley and discussed the issue in detail. He explained how issues like these occur at the first place and here is what he said: “You have competitors and…