Oculus VR recently announced its prototype VR headset called Crescent Bay, which delivers the best in virtual reality. VR headsets are meant to trick your mind into believing that you are exploring a virtual world. The brainchild company recently held its first ever developer conference that brought in different industry players. Oculus VR revealed that the…
Microsoft Corporation (MSFT)’s Xbox One Console Eludes Chinese Market
23rd September, 2014, was the date that gaming enthusiasts in China were eagerly waiting for since it was on this date that Microsoft Corporation (NASDAQ:MSFT) had promised the release of its latest gaming console, Xbox One. However, subsequent to the announcement today that the release would not be taking place as planned on the given…
Google Inc (GOOGL) Supported Robot Butler Already Serving Guests in California
Technology is the new machine that’s making work easier. Many tech giants have developed automated solutions to help humans accomplish tasks without having to remember when they are to be done or even issue instructions regularly. The latest to create a buzz is the Google Inc (NASDAQ:GOOGL) backed Robot Butler, which is already providing room…
Oracle Corporation (ORCL)’s Overweight Rating Kept But Target Price Reduced By Barclays
Barclays joins the list of analysts who have issued a lower rating for Oracle Corporation (NYSE:ORCL), as the company reissued its overweight rating for the tech service provider. Barclays reduced its target price to $48 from an earlier $50 estimate. Oracle Corporation (NYSE:ORCL)’s shares declined 4.21% after the announcement and closed at $39.80 on Friday.…
Alibaba Group Holding Ltd (BABA)’s IPO Yields $4.6 Billion for Softbank Corp (9984)
After the opening of much hyped Alibaba Group Holding Ltd (NYSE:BABA) in the market, the shares quickly gained 38% to end at $93.89 on Friday. Softbank Corp (TYO:9984), the biggest shareholder of Alibaba, announced net gains of $4.6 billion after the initial offering. Masayoshi Son, CEO of Softbank Corp (TYO:9984), said that the company would…
Apple Inc (AAPL)’s Iphone 6 Plus Proves Size Does Matter
Ever since their launch, Apple Inc (NASDAQ:AAPL)’s latest products, iPhone 6 and iPhone 6 Plus have been the hot topics for discussion all over the world and the latest update pertaining to them claims that the bigger iPhone 6 Plus is not just superior in terms of size but is more durable too. This is…
Yahoo! Inc. (YHOO) Rakes in $5.7 Billion from Alibaba Group Holding Ltd (BABA) IPO
The Alibaba Group Holding Ltd (NYSE:BABA) IPO comes at a time when Yahoo! Inc. (NASDAQ:YHOO) has been struggling to get its footing in its core business as competitors steal the show for the California-based tech company. From simple arithmetic, Yahoo! Inc. is set to earn $5.7 billion from its sale of 120 million of its Alibaba…
Federal Appeals Court Declares Radioshack Corporation (RSH) Class-Action Settlement Void
A U.S. federal appeals court sitting in Chicago declared that the class-settlement between RadioShack Corporation (NYSE:RSH) and its customers who opposed the printing of credit and debit card expiry dates on receipts is null and void. The court, considering the proposed legal fees for the customers, said that the settlement amount is too low and…
Will Alibaba Group Holding Limited (BABA) Remain Equally Lucrative For Post-IPO Investors?
For all those investors who asked ‘Ali who?’ about two days, the answer will have sunk in by now that it is a Chinese e-commerce company which boasted of the biggest IPO in American history on 19th September, 2014. Alibaba Group Holding Limited (NYSE:BABA) raised a whopping $21.8 billion that left even world renowned names…
Verizon Communications Inc. (VZ) Enables Voice Over LTE for Apple iPhone 6 and iPhone 6 Plus
Verizon Communications Inc. (NYSE:VZ) has announced that it has activated voice over LTE (VoLTE) on the new iPhone 6 and iPhone 6 Plus. The service was initially available only for Samsung Galaxy S5 and the LG G2. Users who have the new iPhones have confirmed that the service is now working perfectly. The VoLTE service…