In the recent SEC 13F filing of Soros Fund Management, George Soros has increased stakes in Alibaba Group Holding Ltd (NYSE:BABA) and Yahoo! Inc. (NASDAQ:YHOO). The company filed its SEC filing yesterday and as per the filing, it has current portfolio value of $13.39 billion. Alibaba Group Holding Ltd (NYSE:BABA) is the major change in…
Berkshire Hathaway Inc. (BRK.A) Boosts Investment In DIRECTV (DTV), Visa Inc (V), Charter Communications, Inc. (CHTR), General Motors Company (GM)
The recent SEC 13F filing of Warrant Buffet’s Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) has shown heightened investments in DIRECTV (NASDAQ:DTV), Visa Inc (NYSE:V), Charter Communications, Inc. (NASDAQ:CHTR), General Motors Company (NYSE:GM). The investment firm filed its third quarter updates yesterday and the firm has current stock portfolio of $107.8 billion, as per its SEC filing.…
Google Inc (GOOGL)’s Glass Losing Support, Launch Date Pushed Back By Company
The latest innovative product from Google Inc (NASDAQ:GOOGL), Google Glass, is already under the scanner with authorities and experts considering it as a privacy threat. Not only the authorities but also the early device users are losing interest in the device. Sergey Brin, co-founder of Google Inc, was seen barefaced without Google Glasses that have…
FedEx Corporation (FDX), Lowe’s Companies, Inc. (LOW), Baker Hughes Incorporated (BHI): Top 3 Stock Holdings of Greenhaven Associates Inc
Greenhaven Associates Inc is run by Edgar Wachenheim with current portfolio of $5.20 billion and FedEx Corporation (NYSE:FDX), Lowe’s Companies, Inc. (NYSE:LOW), Baker Hughes Incorporated (NYSE:BHI) are among its primary stock holdings. As per the recent SEC 13F filing of Greenhaven Associates on October 30, 2014, its primary investments are in transport and energy sector.…
Oracle Corporation (ORCL) And SAP SE (ADR) (SAP) Ready To End Much Argued Illegal Download Case
The case filed by Oracle Corporation (NYSE:ORCL) in 2007 concerning illegal downloading of Oracle files against SAP SE (ADR) (NYSE:SAP) has finally arrived into its conclusive stages. The two tech giants have agreed to end the matter for a sum of $356.7 million. It was in 2007 when Oracle identified thousands of fishy downloads of…
Google Inc (GOOGL) Under The Legal Scanner Again, Contractor Accused Company Of Overtime Violations
With European Commission inquiry still in place, Google Inc (NASDAQ:GOOGL) is faced with another lawsuit by one of its contractors. Contractor accused the company of not abiding with the overtime payment rules and his termination when he asked for increasing the hourly limit of the contract. This is the second incident against a major industry…
Apple Inc. (AAPL) Users’ Warned About Mobile Security By National Cybersecurity Department
After the announcement of a potential vulnerability in Apple Inc. (NASDAQ:AAPL)’s iOS earlier this week, the U.S. government has warned iPhone and iPad users to be alert against online intruders that may try to exploit the weakness. FireEye Inc (NASDAQ:FEYE) reported this vulnerability earlier this week and informed Apple about the same. The potential iOS…
Apple Inc. (AAPL) Dedicated Towards Customer Data Protection In HealthKit App, FTC Appreciates Efforts
Just ahead of the market availability of its wearable gadget, Apple Watch, the U.S. Federal Trade Commission has asked Apple Inc. (NASDAQ:AAPL) for user data protection. Apple Watch features HealthKit app, which collects vital health data of the user and stores it on iCloud. FTC is concerned about the unauthorized use of health data and…
Macy’s, Inc. (M)’s Shares Rise Post Third Quarter 2014 Financial Results, Same-Store Sales To Rise In Holiday Season
The shares of Macy’s, Inc. (NYSE:M) witnessed multiple spikes after the retailer announced its third quarter results and the shares closed at $61.65 in the extended trading session. In addition to it, the retailer has forecasted better same-store sales in the holiday season. Macy’s announced its third quarter results with total sales of $6.19 billion…
Citigroup Inc (C) Haunted By Foreign Exchange Scandal, Fines Exceed $1 Billion
It looks like the legal nightmares are nowhere near their end for Citigroup Inc (NYSE:C), as the financial institution agreed to pay up to $1.02 billion to settle the foreign exchange rate scandal. Citibank is not the only bank involved in the probe and other banks are likely to come up with similar settlements in…