In an effort to compete against increasing digital service content providers, Amazon.com, Inc. (NASDAQ:AMZN) acquired the online comedy channel, Rooftop Media, for an undisclosed amount. Rich digital content portfolio is likely to help the company compete against Netflix, Inc. (NASDAQ:NFLX) and other rising digital content channels. Rooftop Media is engaged in recording live performances of…
The Walt Disney Company (DIS), PepsiCo, Inc. (PEP), Amazon.com, Inc. (AMZN): Top 3 Stock Holdings of Cohen Klingenstein
Cohen Klingenstein has a net portfolio of $566 million with The Walt Disney Company (NYSE:DIS), PepsiCo, Inc. (NYSE:PEP), Amazon.com, Inc. (NASDAQ:AMZN) as its top stock holdings, according to its recent SEC 13F filing on October 14, 2014. Cohen Klingenstein has its majority of investments in finance and consumer discretionary industries. The Walt Disney Company (NYSE:DIS)…
Amazon.com Inc (AMZN) Set To Wish for a Magic Wand to Usher In Prosperity
It turned out to be a disappointing 23rd October, 2014, for investors interested in Amazon.com Inc (NASDAQ:AMZN) thanks to the global retail giant having posted a net loss of $437 billion for the third quarter Q3 that ended on 30th September. To make matters worse, the company has also projected a disappointing forecast for the…
Google Inc (GOOGL) Faces Potential Challenges in Mobile Operating System Industry, Android Open Source Project Gaining Popularity
Google Inc (NASDAQ:GOOGL) is dominating the mobile industry with Android, which comes bundled with several Google services. However, the increasing dominance of secondary operating systems and more companies looking into the Android Open Source Project is a matter of concern for the Internet giant. As of now, Google is the primary player in the Smartphone…
Apple Inc. (AAPL)’s iPad Fail to Impress Customers, Might Face Heightened Competition From Google Inc (GOOGL) and Amazon.com, Inc. (AMZN)
The iPhone maker announced its latest iPad devices with high-end display and fingerprint sensing features but the company wasn’t able to impress its audience. Analyst are speculating high growth in the upcoming holiday season but the iconic “wow” attached with every Apple Inc. (NASDAQ:AAPL)’s device was missing in these devices. Tim Cook, CEO of Apple…
Amazon.Com Inc (AMZN) Ready to Grab Lion’s Share in Advertising Business
Amazon.com Inc (NASDAQ:AMZN) has always been projected as a global online retailer and it is a reputation that the company has gone to great lengths to cultivate and maintain but recent updates have been suggestive of another niche wherein it is trying to make a mark – advertising. The month of August, 2014, was witness…
Alibaba Group Holding Limited (BABA) – Amazon.com Inc (AMZN) Partnership Shrouded In Ambiguity
With its IPO, Alibaba Group Holding Limited (NYSE:BABA), created more than a splash in New York when its shares opened way above their initial price of $68 at above $90 mark throughout the day. For a Chinese company to have made such a mark in an American market, the event was indeed history being created,…
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…
Bill Vass Hired By Amazon.com Inc (AMZN) to Improve Its Cloud Performance
In an attempt to improve its cloud performance vis-à-vis that of its competitors, namely Google and Microsoft, Amazon.com Inc (NASDAQ:AMZN) has absorbed the vastly experienced Bill Vass into its cloud division of Amazon Web Services. While for the global retailer, this move is the third major development in a series of steps to make a…
Amazon.com Inc (AMZN) and Google Inc (GOOGL) Vying For Drone Technology
Drones are unmanned air-borne flying objects that are a hybrid of an airplane and a helicopter and it is these that Amazon.com Inc (NASDAQ:AMZN) has been trying to rope in since the last one year. Since it does appear advantageous for obvious reasons, namely faster delivery and efficient service, other companies in the same space…