Apple Inc. (NASDAQ:AAPL) has moved to address the niggling challenge of declining iPad sales after leaks were made of the company’s next iPads. It is not yet clear whether the leaks on iPad Air 2and iPad mini 3 came directly from Apple according to Bloomberg’s Hans Nichols. Over the last three quarters, Apple Inc. (NASDAQ:AAPL) has a recorded a decline of 9% in the total iPad sales; there is belief in the company that the new iPads could mark a turnaround in the trend. While iPhone sales have improved over the years, iPads popularity has continued to decline attributed to…
Author: Neha Gupta
Tesla Motors Inc. (NASDAQ:TSLA) push to construct a $5 billion battery factory in Nevada is not of a concern to LG Chem, which is also closely eyeing the U.S. auto battery market. Tesla might have wreaked havoc with its ambitious plan, but LG Chem is remaining firm maintaining that any success in the space will be shared equally among all the players. The popularity of electric vehicles in the past was limited by the high-prices of batteries that made the cars extremely expensive for the mass market. There is a belief in the space that things could turn out for…
Carl Icahn sentiments that Apple Inc. (NASDAQ:AAPL)’s future will be defined by a wide range of products has elicited debate that the company could be closing in on a breakthrough with Apple TV. Icahn has already aired his confidence that Apple’s UltraHD TV could light living rooms as early as 2016. A visionary TV offering is what many people have been calling for over the years, a TV that could allow them to watch content from iTunes, Netflix and other content streaming networks. Global Equities Research analyst Trip Chowdhry is, on the other hand, of the opinion that Apple Inc.…
Declining PC sales and cut-throat competition that has highlighted Intel’s performance for the better part of the year is not a concern anymore, according to the company’s President, Renee James. During an interview on CNN, Mrs. James rebuffed suggestions that Intel Corporation (NASDAQ:INTC) should try to tap into the phone-making business. “We are leaders in server technology; we are leaders in the data centers, and we are leaders in the PC architectures. I think it is thought leadership around bringing developers to our platform and what is important. Where are people going to use technology, and I don’t think Intel…
Tesla Motors Inc. (NASDAQ:TSLA) stock closed the week on a low, despite CEO, Elon Musk, wooing the crowd with the company’s next high-performance all-wheel drive model. CNBC’s Jane Wells expects the new Model-D to have a considerable impact on Tesla’s sales especially in cold climate areas with the addition of the dual-motor. The drop in the market according to CNBC’s Steven Weiss was due to the fact that people already knew what was coming after the much-publicized Tweet about the ‘D’ flactor. Musk announced that the new car will enjoy exotic driver aids that will form part of the self-driving…
Bringing over $1 billion people online is always sure to be a tall order for any company, but not to Facebook Inc. (NASDAQ:FB)’s CEO, Mark Zuckerberg. The giant social company has formed an alliance with some of the biggest tech companies in the world, with one goal of making internet services available to all the corners of the world. Bloomberg’s Cory Johnson believes that Facebook is pushing to grow its user base in emerging markets after becoming saturated in developed countries. Facebook Inc. (NASDAQ:FB) new initiative internet.org is not focused on ensuring the network grows its user base, but essentially…
One year is what it took veteran news executive, Vivian Schiller, to call it quits at Twitter Inc. (NYSE:TWTR) as the company’s management shake-up hits fever pitch. TheStreet’s Brittany Umar reports that Shiller will be replaced by Adam Sharp, head of the company’s government and election team. As she left her post, Schiller in a tweet stated that her departure would allow Global Media head Katie Stanton reorganize as she feels suits. The ongoing shake-up of the management team is believed to be part of a rebuilding strategy spearheaded by CEO Dick Costolo. The reorganization comes in the wake of…
The enigmatic Tesla Motors Inc. (NASDAQ:TSLA) CEO, Elon Musk, is set to bring to an end the speculation around the ‘D and something else’ tonight. The debate has already had its sheer impact on the company’s stock which has maintained an impressive rally heading into the big announcement. The internet world according to Bloomberg’s Bett Liu has remained abuzz of speculation on what Tesla might be planning to unveil. Speculation is ripe that Tesla could be planning to unveil an all-wheel drive that is an upgrade of the Model-S “There is all this speculation that it could be an all-wheel…
Google Inc. (NASDAQ:GOOGL) has gone to the nation’s highest court as it seeks to overturn an earlier appeals court ruling that found it guilty of infringing copyrights belonging to Oracle. TheStreet’s Brittany Umar reports that Oracle Corporation (NYSE:ORCL) is seeking up to $1 billion in damages from Google, as a result of the infringement. “The ruling stems back from 2010 Lawsuit Oracle brought against Google accusing the search giant of copyright infringement for using parts of Java in its Android technology. A San Francisco court said that Oracle couldn’t claim copyright infringement for part of Java.” Google was the outright…
Internet attention will tonight shift to what is expected to be the biggest announcement from the man of the moment Tesla Motors Inc. (NASDAQ:TSLA) CEO, Elon Musk. All ears will await to hear what the ‘something else and D’ are, according to an earlier Tweet from Musk. Bloomberg’s Sam Grobart believes Tesla will unveil an All-wheel vehicle that is more powerful and efficient. If it comes to full realization, Model-D won’t miss the all-wheel drive feature which has become a mainstream feature in the auto industry. Tesla Motors Inc. (NASDAQ:TSLA)’s Model X crossover which is to be released later is…
Twitter Inc. (NYSE:TWTR) is suing the department of Justice and the FBI on what it terms to be a violation of the 1st amendment rights. Twitter is firing the only revolt in Silicon Valley after other companies led by Google Inc. (NASDAQ:GOOGL) opted to play by the rules. During an interview on Fox Business, Levine Sullivan Koch & Schulz, Nabiha Syed, said it was extremely wrong for the government to bar Twitter from sharing even the basic of information. “Twitter right now is suing over its right to disclose to its users very basic information about how many and what…
A battle is looming between Twitter Inc. (NYSE:TWTR) and the U.S government after the giant social network went to court seeking approval to publish data on how the NSA orders for user’s data. Bloomberg’s Emily Chang reports that Twitter is sidelined on the matter after Google Inc. (NASDAQ:GOOG) and other companies agreed to follow government rules on the publication of classified information. “Twitter Inc. (NYSE:TWTR) sued the U.S government over the right to publish more information about NSA surveillance orders. Twitter says the government restrictions on what can be published violate the company’s 1st amendment rights. Other tech companies including…