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Apple Inc. had lost appeal among hedge funds, who are shunning its shares in favor of social-network stocks. In Q4 2015, Apple shares were the most sought after by hedge-fund managers, but they morphed into an asset that investors were not able to sell fast enough in Q1 2016, says a report from Market Watch….
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Apple Inc. will close its music download business within two years, says recent speculation. Music downloaders and the music industry are worried after the speculation that the iPhone maker may shut down its music download business in favor of a streaming-only service. Though iPhone maker issued a quick denial, the rumors have been making rounds…
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When Tesla Motors Inc introduced 100% electric cars back in 2008, some were skeptical. An all electric car might be great for local trips but what if you put on a lot of miles for work or if you want to take a road trip? Even those brave enough join the Tesla tribe faced “range anxiety” when they were on…
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Tesla Motors Inc not only stands the risk of losing future market share to rival Faraday Future, but also its employees. The Chinese-backed electric car startup has just poached Tesla’s head of government relations. On Monday, Faraday Future took to Twitter to announce that it hired James Chen as the Vice President of Government Relations and General…
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Netflix, Inc. is trying to make EU roaming coverage possible. On the other hand, its rival has its eyes set on Africa. These moves come ahead of Netflix’s annual shareholders’ meeting that is expected to be held early next month. Netflix, Inc. Makes it Easy to Access in EU On-The-Go The firm is seeing success in…
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Tesla Motors Inc was in the news last week after a Model S reportedly went rouge – now; another Model S has refused to activate autobraking and it forced the driver to take over from Autopilot before ramming into another car at 40 miles per hour. Tesla has developed its autopilot program as the first…
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Wal-Mart Stores, Inc. which was earlier reported to be under attack from consumer groups for selling a certain brand of cheese containing a high amount of cellulose has now played victim and targeted Visa over a payments issue related to chip-enabled cards. The firm has sued Visa Inc. for the right to choose how customers verify debit-card purchases…
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Apple Inc. could use some help right now and that help may come from an unlikely source. Apple spun off a software subsidiary called Claris a few years after Steve Jobs was removed by the board of directors of Apple, in 1987. The firm Claris is technically no more. After Claris’s most successful product, Claris…
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Tesla Motors Inc is getting a look at another potential builder of electric cars. As per Turkey’s science minister, Turkish initiatives like the Pehlivan Elektrak – an electric car – could be an improvement over the models built by Tesla. It is still not certain when (and if) large-scale production of the car will begin. Safer…
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GoPro Inc (NASDAQ:GPRO) is gearing up to launch the Hero 5. The recent efforts to clear the existing channel inventory seem to be setting the stage for the same, as per FBN. The firm is set to present at the JPMorgan Technology, Media and Telecom Conference on the 24th of this month. GoPro Inc and…
