John Chen, Chief Executive Officer at BlackBerry Ltd. (NASDAQ:BBRY), spoke to Emily Chang on Bloomberg TV’s “Market Makers” about how well the company was presently doing, generating value in the brand and selling BlackBerry Ltd. (NASDAQ:BBRY). Chen said that he would rather create more value of the brand than sell BlackBerry Ltd. (NASDAQ:BBRY). He added that while it would be his obligation towards shareholders as well as internal stakeholders like employees to consider any offers made to buy the once-iconic brand, there were no such offers at present. He further clarified that it would not be possible to sell BlackBerry…
Author: Shilpa Krishnan
David Ingles discussed with Angie Lau about Baidu Inc (ADR) (NASDAQ:BIDU)’s second quarter earnings and new areas of focus for the company on Bloomberg TV’s “First Up.” Baidu Inc (ADR) (NASDAQ:BIDU)’s second quarter net income rose by 35% on the year to $572.5 million. The revenues grew by an annual 58.5% to $1.94 billion. China’s largest search engine company forecasted revenues in the range of $2.16 billion – $2.22 billion for the next quarter. Ingles noted that the company was investing in newer areas, especially mobiles, as the company sees more sales and revenue being generated from that space in…
Daniel Roth, the Executive Editor at LinkedIn Corp (NYSE:LNKD), spoke about how content creation and relevant information will be the drivers of growth for the professional network on “Bloomberg Surveillance.” The key concept of LinkedIn Corp (NYSE:LNKD) is to connect businesses and people working in those businesses. It is a platform to share professional ideas and updates. Roth said that the latest acquisitions like Bizo are in line with this focus and will encourage people to write their own articles on LinkedIn Corp (NYSE:LNKD). According to Roth, the news feed at LinkedIn Corp (NYSE:LNKD) is also more targeted and relevant. “If you think…