Andor Capital Management, managed by Daniel Benton, started as one of the top technology funds in the market. According to the latest SEC 13F filing from the company, its portfolio is worth $1.84 billion with Tesla Motors Inc (NASDAQ:TSLA), Twitter Inc (NYSE:TWTR), and Facebook Inc (NASDAQ:FB) being their top three holdings. (See Daniel Benton’s entire…
Amazon.com, Inc (AMZN)’s Fire Phone Starts With A Gloomy Performance
Amazon.com, Inc. (NASDAQ:AMZN) Fire Phone is not receiving the anticipated response from the market with less than 35,000 phones sold in the first three weeks (25 days). The company has not released any sales figure for the devices; however, a study conducted by Chitika, online advertising network, Amazon’s Fire phone had a 0.02% activity over…
EU Regulators May Open Antitrust Case against QUALCOMM, Inc. (QCOM) based on NVIDIA Corporation (NVDA) Subsidiary’s Complaint
EU Regulators may open antitrust investigation against US-based chipmaker, QUALCOMM, Inc. (NYSE:QCOM), in relation to a 2010 complaint by Icera Inc., a British chipmaker that focuses on mobile broadband, developing wireless modems for USB sticks, laptops and smartphones; and a subsidiary of rival NVIDIA Corporation (NASDAQ:NVDA). Reuters today reported about the possibility of a probe,…
Best Buy Co Inc (BBY) Posts Weak Results, Fears of Private-Equity Takeover Kicks In
Best Buy Co Inc (NYSE:BBY) ended its fiscal second quarter with poor results. For the year, its stock price was down as much as 19% through Monday’s close. And today, the stock price fell by 6.85%. Overall results for Best Buy Co Inc (NYSE:BBY) show that key numbers were down. Comparable-store sales declined 2.7%, domestic…
Comcast Corporation (CMCSA) Ready to Close Time Warner Cable Inc (TWC) Deal in Early 2015
Unlike its earlier claims, Comcast Corporation (NASDAQ:CMCSA) postponed its acquisition period target for Time Warner Cable Inc (NYSE:TWC) to early 2015. According to the company, this extended delay is to accommodate time required for regulatory approvals. Comcast Corporation (NASDAQ:CMCSA) received notice from the federal regulators concerning its content and Internet policies for the review of…
Amazon.com Inc (AMZN)’s Latest Scoop Twitch Touted as Being an Important Milestone
When Julia Boorstin reported on CNBC that Amazon.com Inc (NASDAQ:AMZN) had scooped up Twitch, a global gaming platform, as a part of its growing family, much of the business community reported as being surprised. This was due to the fact that an announcement had been made in the month of May this year pertaining to…
Google Inc (GOOGL), Microsoft Corporation (MSFT) and Apple Inc (AAPL) Facing New Rival in China
It seems like all the major technology companies are facing a new threat in China. China has prepared a domestic operating system for its users, which is likely to replace Windows and Android in upcoming months. As mentioned by the Xinhua News Agency in China, China is working hard to release its domestic OS by…
Facebook Inc (FB) Embarks On an Anti-Clickbait Campaign
World’s most popular social networking platform Facebook Inc (NASDAQ:FB) surprised everyone by adopting a strong stance against ‘Clickbait’, a strategy often employed by marketing entities to ensure that their posts are read by maximum number of users. The intention underlying this action is explained as an attempt to weed out news feeds that may not…
Amazon.com, Inc. (AMZN) Is Planning To Compete With Google Inc (GOOGL) In The Online Advertising Realm
Amazon.com, Inc. (NASDAQ:AMZN) is all set to challenge Google Inc (NASDAQ:GOOGL) for its online advertising business. The company is working on its in-house software for placing ads online and it is supposedly considered as an alternative to the Google Adwords platform. Amazon.com, Inc. (NASDAQ:AMZN) is banking on the data offered by millions of web shoppers…
VMware, Inc. (VMW) Challenges Microsoft Corporation (MSFT) and International Business Machines Corp. (IBM) with All-In-One Offerings
VMware, Inc. (NYSE:VMW) is aiming for a bigger slice of the pie — the $440 billion data-center industry long dominated by rivals such as Microsoft Corporation (NASDAQ:MSFT) and International Business Machines Corp. (NYSE:IBM) with a new line of all-in-one products and related partnerships. Today at the VMworld conference in San Francisco, the initiatives being announced…