Amazon.com, Inc. (NASDAQ:AMZN) has come up with a lot of deals with a variety of companies and organizations in the recent past. Their latest plan is ‘Amazon Campus’, which targets a reduction of textbook costs for students. Purdue University is the first to collaborate with Amazon on this and launched Purdue Student Store with them on Tuesday. President of Purdue University, Mitch Daniels talked on CNBC about this collaboration and his expectations out of this. Daniels pointed out that that college division cost has increased significantly in the last decade, even more than the healthcare costs. He thinks that college books…
Author: Varsha Khatri
Amazon.com, Inc. (NASDAQ:AMZN) was engaged in a war of words with Hachette Book Group for the last four months. The dispute initiated between the two companies during the negotiations for pricing of ebooks and contracts’ details for distributing Hachette books. Amazon was very aggressive in their pricing of ebooks and pressed the Hachette group hard on this. Small companies would buckle from the pressure from a big company like Amazon, but Hachette themselves being a big company resisted to Amazon demands. During the dispute with Hachette, Amazon halted sales of some of the Hachette book, made some unavailable and delayed some…
Good Technology Mobility Index follows and analyzes usage and growth of mobile apps and platforms. For many years, the fight between Apple Inc. (NASDAQ:AAPL) and Google Inc (NASDAQ:GOOGL) have been about the Andoid’s power and iOS’s beauty. Both these tech giants tried hard to gain dominance in the market, with Windows OS filling the rest. Good Technology Mobility Index Report highlights the shares in apps, platforms and device preferences every quarter. The leader in secure mobility has announced the key findings from the mobile industry for Q2 2014, in its eighth quarterly report. In Q2 2014, Custom built apps encountered a double…
Tesla Motors Inc (NASDAQ:TSLA) launched their model S sedan in June 2012. Since then the sales of this vehicle grew rapidly. Global sales of this vehicle surpassed the 25,000 mark in December 2013. Tesla Motors Inc (NASDAQ:TSLA) delivered a total of 6,457 vehicles in the first quarter of 2014, which was above their guidance. This also positioned the company on track to meet their 2014 target of 35,000 deliveries. Amidst all the positives, some issues were raised by Consumer Reports. CNBC’s Phil LeBeau talked about this in a segment on CNBC. LeBeau said that the Consumer Reports praised the Tesla Motors…
Microsoft Corporation (NASDAQ:MSFT)’s researchers Johannes Kopf, Richard Szeliski and Michael Cohen worked on the ‘Hyperlapse’ project, which intends to improve the quality of the footage from action cameras. The majority of people use action cameras from companies like GoPro Inc (NASDAQ:GPRO) to record their adventure, from the first person viewpoint. Researchers have published a technical paper about this technology. Microsoft Corporation (NASDAQ:MSFT) researchers, who made the ‘Hyperlapse’ technology feel that the videos recorded by action cameras are too lengthy and boring to watch. They said that those videos can be made interesting by speeding them up with high speedup rates. But the resulting video…
Facebook Inc (NASDAQ:FB) is in the process of switching all the mobile messaging to its messenger app. People were not very comfortable using Facebook app and Facebook messenger app for two different purposes. The majority of the public were comfortable with messaging embedded in the Facebook app. The other major concern is the message that the users get when they download the messenger app. Some users are concerned that they might give permissions to the Facebook Inc (NASDAQ:FB) to delete their messages and access microphone data. Julia Boorstin of CNBC talked to John Simons, technology and media editor at Associated Press, about…
Tesla Motors Inc (NASDAQ:TSLA) and Toyota Motor Corporation (NYSE:TM) announced four years ago that they intend to cooperate on the development of electric vehicles, parts, systems and engineering support. CEO and Cofounder of Tesla, Elon Musk, and Toyota President, Akio Toyoda, announced about the partnership deal in May 2010. In a recent development, the relationship between Musk and Toyoda turned sour and short-circuited the partnership between the two automotive companies. Bloomberg’s Craig Trudell reported on Bloomberg TV about this. Trudell reported on the circumstances, which initiated the partnership between Tesla Motors Inc (NASDAQ:TSLA) and Toyota Motor Corporation (NYSE:TM) way…
Almost a year ago, CNBC Fast Money Contributors, Mike Murphy, Founder/CEO of Rosecliff Capital, Josh Brown, CEO of Ritholtz Wealth Management, Pete Najarian, Cofounder of TradeMONSTER and Simon Baker, CEO of Baker Ave Asset Management talked about their forecasts for companies like Netflix, Inc. (NASDAQ:NFLX), American International Group Inc (NYSE:AIG), and others. In a CNBC segment in August, 2013, Mike Murphy said that Netflix might not remain as a stand-alone company and some big names might consider acquiring them within a year. It’s a year now from that prediction, which went in the opposite way. Netflix, Inc. (NASDAQ:NFLX) has established itself as a…
Walgreen Company (NYSE:WAG) is the largest US-based drugstore chain, which bought a 45% stake in the UK based drugstore chain, Alliance Boots in 2012 in a stock and cash deal worth $4.3 billion. They also included the option to buy the rest in three years, which was supposed to happen in the first quarter of 2015. Walgreen Company (NYSE:WAG) has been under pressure from shareholders to shift their base to Europe with the new deal to lower their tax bills, which is often referred as ‘tax inversion’. Under a lot of pressure from Government, unions, and the consumers, Walgreen has…
The State Administration for Industry and Commerce (SAIC) in China has raided Microsoft Corporation (NASDAQ:MSFT) offices in Beijing, Liaoning, Fujian and Hubei. The authorities have also raided Accenture Plc (NYSE:ACN)’s office in Dalian., where Microsoft outsourced its financial work. Microsoft Corporation (NASDAQ:MSFT) was suspected of violating Anti-Monopoly laws of China since June 2013. SAIC stated that the violation was related to the compatibility and document authenticity for Windows OS and Office software. Chris Darbyshire, CIO at 7 Investment Management, talked on CNBC about these raids by Chinese authorities. Darbyshire said that the most important thing to understand is whether Microsoft Corporation…
Tesla Motors Inc (NASDAQ:TSLA) reported a decent second quarter earnings. They have delivered 7579 Model S electric Sedans, which was more than their target of 7500 cars. This kept them on track to achieve the target of 35000 cars in 2014. Their stock price also has increased by around 50% since the start of the year. Joe Fahmy, Managing Director at Zor Capital, LLC has over 17 years of experience in trading. Fahmy talked on Yahoo! Finance about Tesla Motor Inc (NASDAQ:TSLA)’s stock. Fahmy predicted in April that Zillow Inc (NASDAQ:Z) would shoot up by 50% in 6-12 months. As…
Apple Inc (NASDAQ:AAPL)’s co-founder and former CEO, Steve Jobs, had a vision which he could never realize. His dream was to have a common, shared guest network, which could be accessible to everyone for free. Apple Inc’s (NASDAQ:AAPL)’s iPhone has a Wi-Fi data option, which automatically detects all the networks in range, but Jobs felt that the need of a password to access those networks was a big problem. Walt Mossberg, Re/code co-executive editor, talked on CNBC about the free internet and consumers sharing their bandwidth. Jobs dreamed of making a free, safe and accessible to all Wi-Fi networks shared from homes and small…