Amazon.com, Inc. (NASDAQ:AMZN) has announced that it will invest an additional $2 billion in India as it seeks to consolidate its position in the country’s growing online retail market. The company’s CEO, Jeff Bezos, has already reiterated that the company sees huge potential in India especially on the e-Commerce side thus the push for such a huge investment. The announcement by Amazon comes a day after Indian e-Commerce giant, Flipkart, also disclosed plans to invest $1 billion in the industry, which is seen as one of the ways of also increasing its presence in the fast growing industry. “Just a…
Author: Jessica Swanson
The news is out that Panasonic has agreed to partner electric vehicles maker Tesla Motors Inc (NASDAQ:TSLA) for its $5 billion valued ‘Gigafactory’ dream project, which will allow Tesla to ramp up production of cheap batteries for its cars. Now, as Tesla Motors Inc (NASDAQ:TSLA) is about to report its earnings today, Bloomberg tried to comprehend the way forward for Gigafactory and the main focus of analysts during today’s earnings call with their resident auto expert Matt Miller. Matt Miller said that while the news came pretty much expected, the real question is how much money Panasonic will invest in…
On Fox Business, experts Gina Martin Adams, senior equity strategist at Wells Fargo & Co (NYSE:WFC) and Mark Yusko, the CEO of Morgan Creek Capital, discussed the U.S. GDP growth in the second quarter and also took a look at social media companies, Facebook Inc (NASDAQ:FB) and Twitter Inc (NYSE:TWTR). They believe that these are some of the social media stocks that are well-placed to benefit from the improving economic conditions. The analysts think that things are looking up for e-commerce and social media stocks, especially Facebook Inc (NASDAQ:FB) and Twitter Inc (NYSE:TWTR). They observed that these two social media giants are…
Markets are going in the favor of mainstream retailers these days. In a program on CNBC, Telsey Group CEO, Dana Telsey, said that fashion players and retail companies are really winning the show these days and are likely to perform well in the future. Telsey thinks that Macy’s, Inc (NYSE:M) is going great and will be getting more out of the market in the coming days. “Macy’s, Inc (NYSE:M) has a huge assortment of ‘back to school’, it’s focusing on the millennials, and they certainly also feel like they are gonna get it right this season,” said Telsey. Talking about J.C.…
BBC has lodged strong protests over the removal of its economics editor, Robert Peston’s article on former Merrill Lynch boss, Stanley O’Neal, which was written and published seven years ago on the British media giant’s website. Google Inc (NASDAQ:GOOGL) informed Peston by an email that his piece is being removed by Google Inc (NASDAQ:GOOGL) to honor the “right to be forgotten online” law which was made in order to remove the outdated or personal information on any individual in case the individual appeals and make his case valid in courts. In a program on Bloomberg, expert, Rosalind Chin, said that latest step…
Social media has helped thousands of individuals, companies and enterprise entities around us and changed the way we interact, shop and sell. Brownie Brittle, a brownie production company is the perfect example of how you can flourish your small business into a large, magnified entity by smartly targeting the social media fans. Brownie Brittles had a unique idea, which was to make delicious crispy Brownie sundaes using the hardened dripping which come off from the pans of brownie baking process. But the problem was that they had limited resources to go for a full-fledged print marketing scheme. Giving an interview…
Facebook Inc (NASDAQ:FB) is really looking to get a boost in its revenue. Facebook’s latest acquisition of video ad tech startup LiveRail, which connects marketers to publishers on web and mobile to target 7 billion video ads to visitors per month is perceived as a major step to expand the ads business of Facebook. In a program on Fox Business, Wall Street Journal tech reporter, Doug MacMillan, said that Facebook Inc (NASDAQ:FB) is facing the problem of depletion of the revenue because of the demographics of its prime user base. Facebook has more than 80% of its users outside the US…
Stock markets are touching new heights these days and experts are predicting a successful second quarter after this great initial push. Bloomberg reviewed some of the hottest stocks of Thursday, analyzing the market trends and overall market progress. Let’s take a look at the best stock options in the technology sector. Recovering from the yesterday’s tumble of 14%, GoPro Inc (NASDAQ:GPRO) came up today and made its place into the news. GoPro Inc (NASDAQ:GPRO) has been the top stock and a hot option for the buyers these days. GoPro Inc (NASDAQ:GPRO) came up with more than a 100% leap as…
The Facebook’s creepy experiment on people’s emotions seems to have caused a never ending stir around the globe. Sheryl Sandberg, the COO of Facebook Inc (NASDAQ:FB), is currently in Delhi, India and giving explanations on a daily basis about this experiment that has diluted the social media giant’s image worldwide. In a program on Bloomberg, Rosalind Chin, an expert at the channel said that the experiment was conducted years ago but it’s causing a huge disturbance for Facebook these days and this will continue in the coming days. “They conducted this experiment, actually back in January 2012, so it was a…
With the emerging technology trends, the tech giants keep on trying to cease any opportunity to tilt the market in their favor and launch a plethora of hardware or software products in a hurry, without proper market anticipation. The result is that such software and hardware products are rejected by the consumer markets and are labeled as a complete failure. Bloomberg gave a review of Sony Corp (ADR) (NYSE:SNE)’s biggest gadget flops. Starting from below, the fifth biggest gadget fail by Sony Corp (ADR) (NYSE:SNE) is AIBO, the robot dog. Sony Corp (ADR)(NYSE:SNE) has always been trying to launch the concept of electronic pets…
In an interview on Bloomberg about his early days in Google Inc (NASDAQ:GOOGL), Bing Chen, co-founder and Chief Creative Officer at Victorious, said that his professional experiences working with the tech giants and highly corporate environments equipped him with minute details of the deep professional threads of the industry and gave him an insight how to invest in the right resources. Chen was an associate manager at Google Inc (NASDAQ:GOOGL) under Marrisa Mayer, the current CEO of Yahoo! Inc (NASDAQ:YHOO). Chen talked about the accelerated management program conducted by Google Inc (NASDAQ:GOOGL) which was, according to Chen, for getting the best talent…
US markets are experiencing alluring rise in the stocks these days. The Dow Jones Industrial Average is brushing up 17,000. The overall trend of the market continues to get higher and higher every week, a really positive indicator for the investors who spent a rough last year. The question of whether the market trend will be able to sustain this hike remains to be answered. But, irrespective of the future predictions, CNBC’s Bob Pisani thinks that the 17,000 Dow Jones industrial average is something to be celebrated. Telling about the Dow leaders of 2014, Pisani said that the trend is not…