After proceeding with the GT Advanced Technologies Inc (NASDAQ:GTAT) bankruptcy case, the judge involved in the process has asked the sapphire manufacturer to disclose more information at the public stage. However, GTAT has pushed the hearing further to October 21, as it fears for the $50 million confidentiality contract it signed with Apple Inc. (NASDAQ:AAPL)…
Google Inc (GOOGL) Launches Nexus 6 and Nexus 9 With Competitive Prices to Compete Against Apple Inc. (AAPL)
Google Inc (NASDAQ:GOOGL) has released its much awaited Nexus family devices including Nexus 6 Smartphone, Nexus 9 tablet, and its first device with Android TV, Nexus Player. On top of it, Google has bundled these products with the latest Android 5.0 Lollipop. The price range of Nexus family devices rivals that of comparable Apple Inc.…
Microchip Technology Inc. (MCHP) Has Lowered Its Projection For Fiscal Q2, expects $546.2 Million In Net Sales For The Quarter
Just recently, the semiconductor sector was registering high growth in the market, pulling investors from all quarters. The area was healthy and many companies had hopes for high returns. Reports by Zacks Equity Research indicate the sector accounted for 57.8% of growth in technology this year. And that was evident in the filings of the…
Tesla Motors Inc (TSLA) Shares Decreasing; Model S Owners Want To Exchange Their Cars With Model SD
Tesla Motors Inc (NASDAQ:TSLA) launched the “D” and “something else” last week Thursday in a showy event held at Hawthorne Airport in Los Angeles. It was the new version of Model S that has autopilot and dual motor features. Nobody could have expected that the launch would mark the beginning of a downward trend to…
Apple Inc. (AAPL) Update: Analysts Say Demand For Iphone 6 Will Continue To Increase Because Of Its Big Screen
Apple Inc. (NASDAQ:AAPL) had for some time refused to embrace the idea of big screen smartphones. Many iPhone users complained on forums asking the company release big screen iPhones, but the company seemed to have given the calls a wide berth. This was even confirmed when the company released iPhone 5C and 5S, with both…
General Motors Company (GM)’s Bill Of Defective Switch Is Getting Bigger
General Motors Company (NYSE:GM) has approved 27 deaths for compensation so far in a settlement program opened in August. The company has been receiving complaints from victims and families relating to injuries and deaths that emanated from a defective ignition switch in some of the company’s vehicles. Out of all the 1,193 injury complaints received…
GoPro Inc (GPRO) Drops as Journalist Link Camera to Schumacher Injury
GoPro Inc (NASDAQ:GPRO) fell 10% in early trading Monday after reports linked Formula 1 legend Michael Schumacher’s last year accident to the company’s camera. According Jean-Louis Moncet, a French journalist, the retired race car driver wasn’t hurt by the hit, but by the camera that he had mounted on his head, ending up injuring his…
J C Penney Company Inc (JCP) Planning To Increase Its Operational Efficiency With A New Transfer From The Home Depot, Inc. (HD)
After a whole year of search for the next CEO of the company, J C Penney Company Inc (NYSE:JCP) has named the U.S. business head of The Home Depot, Inc. (NYSE:HD) as its new CEO. The shares of the retailer are having a positive investor sentiment with a 1% increase in its share price at…
Amazon.com, Inc. (AMZN) Strikes Deal With Future Retail Ltd (523574) to Sell Goods Online
Amazon.com, Inc. (NASDAQ:AMZN), the world’s largest online retailer, has penned a deal with India’s largest retailer Future Retail Ltd (BOM:523574) to jointly sell goods online. The companies will first begin with the sale of apparel before going into other commodities. The two economic juggernauts are also expected to partner on marketing the products. The deal…
Apple Inc (AAPL) Needs To Be Ready For Samsung Electronics’ Five Times Faster Wi-Fi Technology
Amid a struggle to maintain its largest Smartphone maker crown, Samsung Electronics Co Ltd (KRX:005930) has come up with a new Wi-Fi technology that allows up to five times higher data transmission speeds as compared to the existing Wi-Fi technology. The innovative technology is likely to affect other primary rivals including Apple Inc (NASDAQ:AAPL) in…