For those who thought that Apple Inc. (NASDAQ:AAPL) was done this year when they released the slimmer and bigger iPhone 6 and iPhone 6 Plus, a new revelation about Apple Inc.’s new releases is here with us. The tech company is set to release the sixth generation iPad and the third edition of iPad Mini.…
Twitter Inc (TWTR) Update: Investor Peter Thiel Alludes To Pot-Smoking as a Possible Cause of “Horrible Mismanagement”
Peter Thiel, the co-founder of Paypal Inc. and a former Facebook Inc. investor has said in an interview that there is probably “a lot of pot-smoking” going on at Twitter Inc (NYSE:TWTR), and that’s why it’s “horribly mismanaged.” “Twitter is hard to evaluate. They have a lot of potential. It’s a horribly mismanaged company –…
Peter Thiel Prefers Google Inc (GOOG) Stock Over Apple Inc. (AAPL)
Debates on which stocks to invest in over others, are continuous processes that keep investors and businessmen updated about where to put their money. And the latest one has been triggered by Peter Thiel, an iconic investor and the co-founder of Paypal Inc. In a comprehensive interview with CNBC, who is an earlier investor in…
Yahoo! Inc. (YHOO) Rakes in Profits, Alibaba IPO Risky Yet Attractive Investment for U.S. Hedge Fund Managers
Yahoo! Inc. (NASDAQ:YHOO)’s Alibaba Group Holding Ltd’s first public offering is scheduled for tomorrow and the unrest in buyers is mounting with every passing hour. A group of U.S. fund managers is concerned about the risks involved with Alibaba considering its corporate governance structure or the bull market fatigue but they are not going to…
Amazon.com, Inc. (AMZN) Launches New Kindle Devices, Kindle Voyage Comes to Customers
Amazon.com, Inc. (NASDAQ:AMZN) unveiled a new lineup of Kindle devices with a premium Kindle Voyage offered by the company. The online-retailer introduced six new devices with the highest price tag of $199 for Kindle Voyage. In addition to it, users can enjoy an advanced experience with the basic Kindle e-reader, which comes with a touch…
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…
Priceline Group Inc (PCLN) to Offer Senior Notes in Public Offering After Acquisitions
Priceline Group Inc (NASDAQ:PCLN) announced yesterday that it is planning to offer senior notes in an underwritten public offering. The shares of the online travel company rose 1.68% or $19.33 post announcement. Some of the primary underwriters for the offering include Royal Bank of Scotland (NYSE:RBS), Deutsche Bank (NYSE:DB)’s London branch, Wells Fargo (NYSE:WFC), Goldman…
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…
Netflix, Inc. (NFLX) and Comedy Star Judd Apatow to Produce “Love” Show for Two Seasons
Netflix, Inc. (NASDAQ:NFLX), the famous streaming service, has announced a business agreement with comedy star, Judd Apatow, for the production of a comedy show dubbed “Love”. Netflix has announced that the series will have ten episodes for the first season and twelve episodes for the second season. Apatow is known for some major production such…
VirnetX Holding Corporation (VHC) Plummets 44% Amid Lower Patent Infringement Damages from Apple Inc (AAPL)
VirnetX Holding Corporation (NYSEMKT:VHC) lost 44.37% of its share price after a federal appeals court overturned the $368 million damage award that the company won against Apple Inc (NASDAQ:AAPL). VirnetX closed at $8.30 after losing $6.62 in the day’s trading. The U.S. Court of Appeals for the Federal Circuit in Washington overturned the damages considering…