The shares of action camera maker, GoPro Inc (NASDAQ:GPRO), have declined 33.08% since October 7, 2014 with current share price of $62.76. What was rather a dream run for the tech company is outweighed by short selling, lockup period expiration, and overvaluation of the company. GoPro was the go-to stock in the tech industry before…
Amazon.com, Inc. (AMZN) Allows Buyers to “Make an Offer” for Fine Art & Collectibles
Amazon.com, Inc. (NASDAQ:AMZN) innovates on its traditional fixed price model of internet retailing, adding a new feature to its website to allow prospective customers to haggle with the price of items sold under its fine arts and collectibles category. Amazon launched an auction site 15 years ago, but it failed to stand ground in competing…
Apple Inc. (AAPL) Building State-of-the-Art R&D Center in Japan
Apple Inc. (NASDAQ:AAPL) is set to build a new research and development center in Japan, a venture that is expected to create several dozen jobs in one of the company’s most profitable markets in the world. Apple’s plan was announced by Japan’s Prime Minister Abe Shinzo on Tuesday. Reuters reported that a London based spokesman…
Google Inc (GOOGL) Predicts High-End Growth In Cloud Industry In 2015, Technology Cost Likely To Decline
With more and more sectors taking an interest in the cloud technology, Google Inc (NASDAQ:GOOGL) is predicting an accelerated growth in the cloud industry in 2015. At the same time, the search engine company has projected a decline in the rate of falling cloud services’ cost. Barak Regev, Cloud Chief of Google for Europe, has…
Amazon.com, Inc. (AMZN) Logs Legal Win Against Workers Demanding Extra Pay For Security Checkpoint Time
It was a soothing day for Amazon.com, Inc. (NASDAQ:AMZN) as the online retailer registered a win against its workers demanding extra pay for going through the security checkpoint process. The decision will help the online retailer to save up to $100 million in additional payments and it is a relief in a time when the…
Apple Inc. (AAPL)’s iPod Lawsuit Witnesses New Lead Client Representing Over 8 Million Customers
After the dismissal of Apple Inc. (NASDAQ:AAPL)’s appeal to dismiss the antitrust suit concerning its iPod product, a new lead client has surfaced up to represent the plaintiffs fighting for damage claims affecting up to 8 million customers. Barbara Ragan Bennett is the new client claiming that the iPod maker made it difficult for her…
Facebook Inc (FB), Apple Inc. (AAPL), and Amazon.com, Inc. (AMZN) CEOs Convene with China’s Cyberspace Chief
Apple Inc. (NASDAQ:AAPL), Facebook Inc (NASDAQ:FB), Amazon.com, Inc. (NASDAQ:AMZN) CEOs Tim Cook, Mark Zuckerberg, and Jeff Bezos, respectively, recently had played host to Lu Wei, the minister of China’s Cyberspace Administration. The visits to CEOs of the top tech giants in the U.S. by the Chinese internet regulator was reported in a post by China.com.cn,…
Apple Inc. (AAPL)’s Antitrust Dismissal Motion Denied to Protect Interest of Qualified Consumers
Apple Inc. (NASDAQ:AAPL)’s motion to dismiss the antitrust suit it is facing regarding its iPod product was declined, and U.S. District Judge Yvonne Gonzalez Rogers, who has jurisdiction over the case, noted that she has the responsibility of protecting the interests of about 8 million unnamed iPod consumers who may be eligible for damage claims.…
Amazon.com, Inc. (NASDAQ:AMZN) Gets Innovative With Delivery System, Trial Runs For Bike Delivery
Amazon.com, Inc. (NASDAQ:AMZN) is struggling to increase its sales amid increasing competition from other online retailers and the company is continuously looking for ways to get ahead of its competition. In its latest attempt, the online retailer is looking to try bike messengers for one-hour delivery. The online retailer has named its latest bike delivery…
Google Inc (NASDAQ:GOOGL) Defends Itself Against Privacy Lawsuit For Tracking Online Activity
The largest search engine company, Google Inc (NASDAQ:GOOGL), is again standing in the court defending itself against privacy breach lawsuits. Three U.K users accusing Google of tracking their online activity for displaying relevant adverts have filed this lawsuit. The past few years have been difficult for the search engine company with increasing number of lawsuits…