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Tesla Motors Inc has shown that electric vehicles can be a viable means of transportation. Its Model S and Model X are already getting rave reviews in the sedan and SUV categories. Critics have maintained that Tesla’s Model S and Model X are focused on the luxury segments of the auto market and that Elon…
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Samsung Electronics Co Ltd. beat its rivals in the race to become the biggest market player in U.S. consumer electronics industry in the fourth quarter. This is no mean feat, considering it edged out seasoned rivals such as Whirlpool Corporation , research by TraQline showed. The South Korean electronics giant accounted for 16.6 percent of…
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Alphabet Inc on January 20 announced an Android virtual reality (VR) beta app for its Google Expeditions Pioneer Program. The firm plans to open up its VR experience program to more schools with the decision. According to Google, it currently has more than 100 Expeditions under its pilot program. This includes museum tours in partnership…
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Alibaba Group Holding Ltd announced a partnership with Nvidia Corporation that will see the two firms collaborate on development of artificial intelligence and cloud computing technologies. An estimated 1,000 developers will be hired to create a big-data platform over the next three years. The partnership will see the Chinese e-commerce giant, through its subsidiary Alibaba…
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In a most inauspicious start to the 2016 trading year, the stock market has slimmed down about 7% during the first 10 market sessions of January. As is often the case, those not used to sudden stock market flameouts are starting to question “where’s the bottom?” Of course no one really knows that answer. With the…
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Apple Inc. share price has been battered since the new year began as it loses it’s spot in the triple-digit trading club. Much of the downtrend in the stock can be traced to weak iPhone sales and fears that that the firm has lost its innovative edge after the Apple Watch and Apple TV failed to live…
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Apple Inc. made an announcement this morning, reporting on yet another record-breaking holiday season. The company’s App Store managed to rake in more than $1.1 billion through app and in-app sales during the past two weeks ending Jan. 3rd. However it wasn’t Christmas Day that saw the most gains for Apple, but New Year’s Day…
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Facebook Inc ’s controversial free internet service has been suspended in Egypt. Free Basics provides users with free access to select sites on their mobile devices. Facebook says that over 3M people had signed up for the platform in Egypt. Of those, the social network claims, 1M had gained net access for the very first…
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Amazon.com, Inc. was known, until recently at least, for keeping much of the details of its business a secret, but CEO Jeff Bezos appears to be changing his tack. The firm put key numbers about its Prime Service in the public domain on Monday, December 28. That’s a late Christmas present for those with shares…
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Regeneron Pharmaceuticals Inc and Biogen Inc are Jim Cramer’s top picks for 2016. Cramer has been a long-time votary of the group of stocks he calls the “four horsemen of big pharma” that also include Gilead Sciences, Inc. and Celgene Corporation . And he thinks investors will be well served to load up on these…
