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Amazon.com, Inc. has acquired a video gaming company that’s Skype for gaming. Twitch, the online retailer’s video-game streaming company, has bought Curse Inc.,, which lets gamers chat with each other while playing as well as offers tools to manage and edit video gaming content. The deal will help allow Twitch to boost its video gaming…
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Amazon.com Inc was in the eye of the storm last week when Wal-Mart made a move to buy Jet.com for $3B. WalMart made a move to acquire Jet.com in bid to shore up its digital capabilities, strengthen its online presence, and in order to get a bigger slice of the ecommerce market. Pundits have maintained…
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Shares of Twitter Inc closed up 7.31% on Wednesday on rumors that two billionaires wants to buy the social media company. The rumored buyers are former Microsoft CEO Steve Ballmer and Saudi Prince Alwaleed bin Talal. The company’s stock is up 7.25% in pre-market trading. Twitter Acquisition Unlikely in 2016 According to the rumor, Ballmer…
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CEO at Tesla Motors Inc. , Elon Musk, has just confirmed his company ’s plans for two new vehicles. The first will be dubbed as the Model Y, a compact SUV that should turn Tesla into the S3XY (SEXY) automaker it ’s always wanted to be. Beyond that is the Spacebus. This will be Musk’s first…
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Seattle based e-commerce firm, Amazon.com, Inc. , has entered several new markets in the past year or so. In February 2016, the company reportedly entered the fashion industry, launching 7 in-house clothing brands (Franklin Tailored, Lark and Ro, Scout and Ro, Society New York, Franklin and Freeman, James and Erin, & North Eleven.) The retailer began operating…
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Tesla Motors surprised Wall Street last week when news broke about its plan to acquire SolarCity Corp and that may be putting it lightly. The proposed acquisition received a cold welcome among investors and analysts. Elon Musk has considerable influence because he is the largest shareholders of both firms. More so, he is the CEO of Tesla and…
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Microsoft Corporation took part in the JPMorgan Technology, Media and Telecom Conference that was held last month. Dave O’Hara, CVP and CFO, Applications & Services and Cloud & Enterprise talked about the different parts of the firm’s business and how they are very topical to most people these days. The Applications and Services group is what the firm thinks of…
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Microsoft Corporation announced Monday a $26.2 billion deal to buy LinkedIn. The acquisition is the largest ever in the software space, and among the biggest in tech history. But neither of those failed to enthuse investors, with shares ending down over 2.5 percent for the session. Tuesday morning wasn’t too bright either, forcing traders to ask if…
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Apple Inc.’s big and important event, Worldwide Developers Conference (WWDC), will take place next week in San Francisco, California. The U.S. tech giant uses this platform to launch new products and services. At the five-day annual conference starting Monday, the company is likely to announce upgrades to all its device operating systems, including iOS for…
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Apple Inc. should not acquire Tesla Motors Inc or Bayerische Motoren Werke AG because large acquisitions can create problems for the company, Investor’s Business Daily reported. Mizuho Securities also said in a research report that India is unlikely to replace China in the U.S tech giant’s revenue stream. Investors seem to be worried about slowing…
