After almost a year of having announced the launch of 3D robots, Intel Corporation (NASDAQ:INTC) has finally scheduled the event for Saturday, 20th August, 2014, wherein it will be introducing to the world ‘Jimmy’, a 3D printed build-it-yourself robot. Credit for having built this machine goes to a futurist at Intel Corporation (NASDAQ:INTC) known as…
General Electric Company (GE) Paints a Rosy Picture for the Way Ahead
Organization in focus has been General Electric Company (NYSE:GE), well-known as GE, and on being questioned by CNBC on its future prospects, vice president John Rice painted a rosy picture liberally doused with optimism. Much of his positive outlook was based on the fact that infrastructure as the company’s core business is likely to herald…
What Does Alibaba IPO Hold In Store For Yahoo! Inc (YHOO)?
Friday-morning action is what everyone is waiting for when China-based ecommerce entity will open its first IPO. While there is lot of skepticism about the profitability of its shares in the long run, something that is likely to make a difference is that Yahoo! Inc (NASDAQ:YHOO) owns a 22.6% stake in the company and hence…
Damodaran Believes That Yahoo! Inc. (YHOO)’s Alibaba’s Management Emanates Warning Signals to Share-Holders
Yahoo! Inc. (NASDAQ:YHOO) management and investors are excitedly waiting for the day when the biggest e-commerce outfit in China named Alibaba.com Limited commences trading on 19th September, 2014. While much of the enthusiasm is attributed to the growing popularity and expansion drive of the company, financial experts the world over have been vocal in expressing…
Facebook Inc (FB)’s Peer, VKontakte, Is Now a Part of Richest Russian’s Portfolio With Significant Plans
September 16th, 2014, would probably hold a lot of significance for Alisher Usmanov, the richest man in Russia and owner of Mail.ru Group since it is on this day that he at last met with success in acquiring VKontakte for $1.47 billion, thus owning the remaining 48% of the total stake. As a result of…
Google Inc (GOOGL) and Amazon.com Inc (AMZN) Amongst Companies Targeted By OECD
‘Double Irish with Dutch Sandwich’ – Although this phrase gives the impression of belonging to a restaurant, it is in reality a tax evasion technique wherein corporate entities shift profits to an Irish company followed by a Dutch company and then back to an Irish company. This strategy is effective in saving substantially on taxes…
Microsoft Corporation (MSFT) Stands to Gain With Minecraft on Board
Finally the day has come when Microsoft Corporation (NASDAQ:MSFT) can proudly claim that it owns Mojang, creator of Minecraft, after having paid $2.5 billion. Courtesy of this acquisition, Mojang and Minecraft will now feature amongst the tech giant’s already long list of well-known titles like Fable, Forza and Halo, something that the new CEO Satya…
Coca-Cola Company (KO) Uses Facebook Inc (FB) to Re-Launch Surge
Circa 1996 was the year that was witness to the launch of Surge, a citrus-flavored beverage, by Coca-Cola Company (NYSE:KO) in a bid to compete with Mountain Dew, a similar drink marketed by its arch-rival PepsiCo. As luck would have it, this brand turned out to be one the most short-lived creations and was soon…
Sprint Corporation (S) Shares Travel Northwards Following a Slump
If mergers are meant to benefit companies, none could be more contrary to this fact than Sprint Corporation (NYSE:S) whose share value has been on the rise ever since talks with T-Mobile broke down. This caused an immediate spike in its share value which recorded an increase of 6.5% to end up at $7 for…
Facebook Inc (FB) Ropes In Google Inc (GOOGL) Employee to Accomplish Its Goals
Provision of Internet service via satellite seems to be the latest obsession with networking companies and it has not deterred them from poaching each other’s employees if it means gaining an edge over the competition. The latest to jump is a Google Inc (NASDAQ:GOOGL) employee Michael Tseytlin who now ranks amongst thousands of Facebook Inc…