Apple Inc. (NASDAQ:AAPL) reportedly partners with Dutch chipmaker, NXP Semiconductors NV (NASDAQ:NXPI) to supply near field communication (NFC) hardware for its iPhone 6. The company aims to add secure, short-range wireless technology into its future iPhones, which means that the company is preparing to launch a mobile payment system. With this technology, iPhone owners will…
Research Shows Facebook Inc (FB) and Twitter Inc (TWTR) Users as Being Not-So-Vocal
A recent research by Pew revealed the surprising findings that users who regularly relied on global social networking sites like Facebook Inc (NASDAQ:FB) and Twitter Inc (NYSE:TWTR) refrained from expressing their candid opinion or even get embroiled in a debate. This is totally contrary to the popular opinion that these websites, particularly Facebook Inc (NASDAQ:FB),…
Possible Effects of eBay Inc (EBAY) Spinning Off Paypal
The idea of eBay Inc (NASDAQ:EBAY) spinning off its main payment gateway, Paypal, could have far reaching implications that would split the world’s biggest online retailer’s revenue almost by half. According to an article by The Information, the spinoff could be realized by the end of next year. This information was first released by eBay’s activist…
Two Good Stocks to Own: Ford Motor Company (F) and Energy XXI (Bermuda) Limited (EXXI)
Halfway down 2014, when CNBC decided to raise the question of which stocks would fetch greater returns to investors and would prove to be lucrative in the long term, two experts namely Michael Binger of Gradient Investments and Bryan Piskorowski of Wells Fargo provided some deep and useful insights. Ford Motor Company (NYSE:F) and Energy XXI…
Wal-Mart Stores, Inc. (WMT) to Strengthen Yihaodian Against Alibaba Group Holding Limited in China
Wal-Mart Stores, Inc. (NYSE:WMT) is working hard to win customers in the second-largest economy of the world. With Alibaba Group Holding Limited planning for an IPO in the US next month, this might just be the opportunity for Wal-Mart Stores, Inc. (NYSE:WMT) to boost its market share in China. Wal-Mart Stores, Inc. (NYSE:WMT) is trying…
Google Inc (GOOGL) All Set To Compete Against Amazon.com, Inc. (AMZN) With Drone Tests
Taking the rivalries to a new height, Google Inc (NASDAQ:GOOGL) is all set to test its drone delivery system. This is a response against the self-flying machines from Amazon.com, Inc. (NASDAQ:AMZN) and these drones would handle deliveries for the company. The move will certainly take the competition between these two online giants to another level.…
Data Breach at JPMorgan Chase & Co. (JPM) Comes Under FBI Scanner for Possible Russian Linkage
Hacking of databases of at least two US financial institutions, one of which is JPMorgan Chase & Co. (NYSE:JPM), around mid-August has caused the federal authorities in the country to sit up and take notice. Having launched a full-fledged investigation, the loss was identified as being to the tune of several gigabytes of sensitive data…
American International Group Inc (AIG), Bank of America Corp (BAC), and Sears Holdings Corp (SHLD) Among the Top Three Holdings of Fairholme (Fairx) Fund
According to the latest 13F SEC filing of Bruce Berkowitz’s fund, Fairholme (Fairx), American International Group Inc (NYSE:AIG), Bank of America Corp (NYSE:BAC), and Sears Holdings Corp (NASDAQ:SHLD) are the top three share holdings of the company. The fund has a 13F portfolio of $9.9 billion with 1% increase in the quarter. (You can see complete list…
Is Best Buy Co Inc (BBY) Still A Viable Option For Customers?
Best Buy Co Inc (NYSE:BBY) is definitely being hurt with the changing consumer behavior. The impact of changing customer behavior has already had an impact on the second quarter 2014 financial results. The important question is whether Best Buy still serves the purpose of an all-in-one shopper store. After declaring the second quarter results, Hubert…
The Blackstone Group LP (BX) Hire First Traders for Their New Big Bet Hedge Fund
The Blackstone Group LP (NYSE:BX) is all set to start is new “big bet” hedge fund, Blackstone Senfina Advisors, and has the first traders for it. Blackstone is in the process to create a multi-strategy hedge fund and manage it with separate teams of traders dealing in millions of dollars. As per the sources, The…