The iPhone maker, Apple Inc. (NASDAQ:AAPL), is likely to use an advanced A9 chip for its next generation of iPhone devices. Samsung Electronics Co Ltd (KRX:005930) is the company manufacturing A9 chips in the Austin plant with the first chips ready to enter the iPhone production lines. The customers and market alike know Apple for…
Tesla Motors Inc (TSLA)’s Shares Continue Downward Rally Post China Head Departure, Analysts Expect Share To Fall Below $200
The electric carmaker, Tesla Motors Inc (NASDAQ:TSLA), is continuing a tough ride with its shares falling in excess of 15% in the past two weeks. The shares of the electric automobile company declined nearly 1% after its Chinese head left the position without any notice. Tesla does have a bright future and the demand for…
Staples, Inc. (SPLS) And Office Depot Inc (ODP) Near Merger As Starboard Adds More Pressure
The two of the largest office-supply retailers in the U.S., Staples, Inc. (NASDAQ:SPLS) And Office Depot Inc (NASDAQ:ODP), are likely to join hands in near future as activist investor Starboard Value is increasing pressure on both the companies. The shares of both the retailers witnessed positive trading behavior after the announcement. Starboard Value announced substantial…
Facebook Inc (FB)’s CEO Ditched Traditional Media For Q&A Sessions, “Dislike” Button Nowhere In Picture
The CEO of world’s most popular social network, Facebook Inc (NASDAQ:FB), has ditched traditional media communication practices with the latest Q&A sessions conducted by the company. The social network is not likely to launch the much talked about “dislike” button on its network. Mark Zuckerberg, CEO of Facebook Inc, conducted second direct question-and-answer session with…
Alibaba Group Holding Ltd (BABA)’s Endorsed App Momo Inc (ADR) (MOMO) Soars After IPO
It looks like Alibaba Group Holding Ltd (NYSE:BABA) has a box full of fortune cookies with its every single investment receiving excellent response from the market. In the latest string of accomplishments, Momo Inc (ADR) (NASDAQ:MOMO), chat app backed by Alibaba, witnessed 26% increase in its share price on its initial public offering. Momo Inc…
Apple Inc. (AAPL) Puts Economic Strategy In Its Defense Against iPod Antitrust Lawsuit
After presenting the technical reasons in the previous sessions to support its claim, the iPhone maker, Apple Inc. (NASDAQ:AAPL), has presented an economic strategy to support its technology tweaks. The iPod maker is fighting a case against over 8 million customers who claim that the company intentionally promoted monopoly in digital music by blocking off…
GT Advanced Technologies Inc (GTATQ)’s Bonds Might Soar Amid Favorable Decision Tendencies
What might sound like a good news for GT Advanced Technologies Inc (OTCMKTS:GTATQ) bondholders with rising investment value could be a complete disaster for the company as bond holders are enticed to withdraw investments upon prospects of gain. A favorable decision for the sapphire-maker in a case against Apple Inc. (NASDAQ:AAPL) is likely to trigger…
Best Buy Co Inc (BBY), Apple Inc. (AAPL) And GoPro Inc (GPRO) Are Benefiting From Increase In Retail Spending According To Commerce Department Figures
It’s finally some good news for leading retail store chains including Best Buy Co Inc (NYSE:BBY) as retail spending is back on the growth track. The electronics department is one of the major spending zones of customers with gadgets from Apple Inc. (NASDAQ:AAPL) and GoPro Inc (NASDAQ:GPRO) bagging maximum attention. As per the latest retail…
Twitter Inc (TWTR) Left Behind By Instagram In User Account, Photo Sharing App Crosses 300 Million
Instagram has achieved a milestone by leaving behind Twitter Inc (NYSE:TWTR) in terms of monthly active users by crossing 300 million users dwarfing Twitter’s 284 million users. The photo-sharing app has outpaced several social platforms in terms of growth by adding 100 million users within eight months. This is another achievement for Facebook Inc (NASDAQ:FB)…
Alibaba Group Holding Ltd (BABA)’s Film Unit Under Legal Scanner For Sloppy Tax Practices
Alibaba Group Holding Ltd (NYSE:BABA)’s film unit is facing fines related to incorrect tax submissions in August and the company is asked to pay the undue amount with associated interest rates. Alibaba announced plans to purchase stake in the film unit earlier this year. Alibaba Pictures Group Ltd (HKG:1060), film until of the Chinese ecommerce…