Ahead of Facebook Inc (NASDAQ:FB)’s third quarter 2014 report on October 28, Martin Pyykkonen of Rosenblatt Securities says that growth for the company in the second half of 2014 is expected to drop compared to its performance in the same period last year. The prediction about Facebook Inc (NASDAQ:FB) from the Rosenblatt Securities head of Internet and media stock research was highlighted in a recent report from USA TODAY. According to the report penned by the publication’s John Shinal, Pyykkonen expects growth for the social media giant to slow to 49% for the second half of this year, a 13…
Author: Solon Harmony B. Dolor
Apple Inc. (NASDAQ:AAPL) may not be debuting a new Retina Display 12-inch MacBook Air on its Thursday event. Instead, Bank of America Corp (NYSE:BAC) analyst Wamsi Mohan believes that other products including the new iPad will be launched by the technology giant.According to Brittany Umar of The Street, the comment coming from the Bank of America Corp (NYSE:BAC) analyst agrees with a recent report from John Paczkowski of Re/code which said that the new MacBook Air model is not yet ready to be launched this week. “Instead of the Retina Display MacBook Air, Bank of America/Merrill Lynch analyst Wamsi Mohan…
Yahoo! Inc. (NASDAQ:YHOO)’s story, from its inception in 1994 to its newest top boss in 2012 and acquisitions in 2013, was shared by The Street in a video report. Silicon Valley veteran Yahoo! Inc. (NASDAQ:YHOO) was founded in 1994 at Stanford University by Jerry Yang and David Filo who were then taking up post-graduate degrees in electrical engineering. Though not mentioned in the video by The Street, the first version of the site was named “Jerry and David’s guide to the World Wide Web”. According to The Street, Yahoo! Inc. (NASDAQ:YHOO) has an exclamation mark in its name because Yang…
The dashboard of Tesla Motors Inc (NASDAQ:TSLA)’s Model S incorporates components from NVIDIA Corporation (NASDAQ:NVDA) as well as other suppliers, a recent teardown of the car’s dashboard reveals. According to Re/code’s Arik Hesseldahl in a CNBC interview, the recent teardown of the Tesla Motors Inc (NASDAQ:TSLA) Model S dashboard by IHS Technology revealed that the console of the electric car includes two major NVIDIA Corporation (NASDAQ:NVDA) components as well as displays from TPK Holding Co., Ltd. (TPE:3673) and Japan Display Inc (TYO:6740). “[…] they got a rare opportunity to buy a wrecked Tesla Model S – a slightly older one,…
BlackBerry Ltd (NASDAQ:BBRY)’s Passport is now in the top 5 phones of popular phones site PhoneDog, Cam Bunton said in a video update from the site. The entry of the curiously-designed smartphone from BlackBerry Ltd (NASDAQ:BBRY) to the PhoneDog top 5 smartphones mark its popularity as the list is made from votes of readers of the site. “There’s a lot to like about it even though it hasn’t been designed specifically with the average consumer in mind. And what excites me the most is the new physical keyboard,” Bunton said. He noted that the keyboard of the new BlackBerry Ltd…
Netflix, Inc. (NASDAQ:NFLX)’s move to increase the price of its most premium subscription is in preparation for the future of television, a report from Lucas Shaw on Bloomberg’s BWest Byte reveals. Shaw’s comment about Netflix, Inc. (NASDAQ:NFLX) was made after the company increased the price of its Platinum plan to $11.99 per month. “[…] Netflix is getting ahead of the curve and saying ‘if [Ultra-High-Definition televisions do] become something that’s really popular, we’re going to offer a different service and at a higher price’ which obviously makes Netflix shareholders happy,” Shaw said. Nonetheless, the move by Netflix, Inc. (NASDAQ:NFLX) will…
Apple Inc. (NASDAQ:AAPL) and Google Inc (NASDAQ:GOOGL) are still cheap stocks to own, Roger McNamee said in an interview with CNBC where he also raised concern about the chaos happening around the world. The comment by the Elevation Partners co-founder about Apple Inc. (NASDAQ:AAPL) and Google Inc (NASDAQ:GOOGL) comes as McNamee also said he was concerned about the valuation of private companies like Uber. “I really think the way to look at the tech market is to recognize it’s now in the high ‘teens’ as a percentage of the economy so it’s not a single thing. There are a lot…
Calling Twitter Inc (NYSE:TWTR)’s newly announced money transfer system “ridiculous,” CNBC contributor and Daily Mail North America CEO Jon Steinberg said in a Squawk Alley discussion that no one will use this nascent technology in France. Twitter Inc (NYSE:TWTR) recently announced with the bank Groupe BPCE a new system that will allow people in France to send someone, be they customers of the bank or not, money via a tweet. “This is ridiculous. We don’t have enough people logging in to register for Twitter. Now we’re going to have people paying by tweets? Six people a day will do that,”…
Facebook Inc (NASDAQ:FB), not to be outdone by the likes of other technology giants who have showed their hands in the electronic payment industry, is now also used to send money. According to a report from The Economic Times India, Facebook Inc (NASDAQ:FB), the world’s largest social media company, has partnered with Kotak Mahindra Bank Ltd. to enable money transfers in India through its platform. The product is being called KayPay and will enable people in India to send money without even knowing the banking details of the person they are sending money to. All they need to do, the…
Apple Inc. (NASDAQ:AAPL) and GT Advanced Technologies Inc (NASDAQ:GTAT) may be in the early stages of a legal war, a report from CNBC reveals. This new spat also demonstrates how dangerous it could be for a relatively small company like GT Advanced Technologies to be a supplier of the monolithic iPhone maker. Apple Inc. (NASDAQ:AAPL), according to Tom’s Guide Editor-In-Chief Mark Spoonauer, was supposed to make use of a sapphire display made by GT Advanced Technologies Inc (NASDAQ:GTAT). However, that plan did not push through, Spoonauer said based on his research. According to Spoonauer, Apple Inc. (NASDAQ:AAPL) loaned GT Advanced…
Twitter Inc (NYSE:TWTR) may be making a play for eBay Inc (NASDAQ:EBAY)’s electronic payments business as the social network has teamed up with a French bank to enable money transfers via tweets. According to a report from Reuters UK, Twitter Inc (NYSE:TWTR) along with Groupe BPCE will soon start to enable the French to send money to other people in France by simply sending a tweet. Nicolas Chatillon, chief executive of S-Money, Groupe BPCE’s mobile payments division, said in a statement that the service will not be available only to customers of the bank. He said that the system will…
Nokia Corporation (ADR) (NYSE:NOK) was killed by Apple Inc. (NASDAQ:AAPL) and its iPhone, Finland’s Prime Minister, Alexander Stubb, told CNBC in a recent interview. The comment was prompted by the CNBC host asking whether it’s fair to say that the performance of Nokia Corporation (ADR) (NYSE:NOK) can be reflective of the performance of the nation where it originated from. “A little bit paradoxically, I guess one could say that the iPhone killed Nokia and the iPad killed the Finnish paper industry but we’ll make a comeback,” the top official said. According to Stubb, other industries that Finland has lost in…