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A Florida resident who claimed to invent the iPhone has filed a lawsuit against Apple Inc. on Monday. The plaintiff, Thomas Ross, is seeking more than $10 billion in damages from the Cupertino-based company for infringing on a concept he invented over 20 years ago. He accused Apple of stealing his ideas to create the…
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SolarCity Corp (NASDAQ:SCTY)’s potential merger with Tesla Motors Inc (NASDAQ:TSLA) could be very messy. Not only are investors not thrilled over the possible bailout, many analysts don’t see a bright future. Also, various reports are coming out about what exactly happened before the announcement. SolarCity Corp’s Messy Tesla Merger Just before the market-rattling Brexit, one…
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Microsoft Corporation announced a slimmer version of its Xbox One console and Project Scorpio at this year’s E3 conference. The company claimed that Project Scorpio is the most powerful console ever built. The gaming console will arrive coming in 2017, with 6 teraflops of GPU delivering a premier console gaming experience including true 4K gaming…
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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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Tesla Motors Inc is not just another automobile firm that happens to make electric cars—the firm is a disruptive force that has triggered a paradigm shift in transportation. Tesla has helped make it clear that the world is ready to trade in combustion engines for EVs. The firm also furthered the discussion on the need to take better…
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Netflix, Inc. was last year’s standout performer. Unfortunately, 2016 has not been kind to the stock – down almost 14 percent YTD. However, widely followed market voice Jim Cramer believes that all that could change very soon. “After months of under performance, Netflix has been bouncing back over the last week…I think it’s got more…
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Electronic Arts Inc. has seen its stock rally from $22.94 at the close of December 2013 to a high of at least $70 in October. The stock bull was prompted by strong sales of its “Star Wars: Battlefront” game series. Hedge funds and other institutional investors predictably rushed to cash on the stock. At the…
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Sierra Metals Inc , Silvercorp Metals Inc and Silver Wheaton Corp. are just some of the firms leading Monday’s charge in the shinny metal sector. These companies are surging as high as 17 percent, while the price of silver closes in on $16. Sierra Metals Inc is the Silver Leader Today Looking at the year-to-date returns of…
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The term “blue chip” stock is almost a century old, with an origin dating back just prior to 1929’s crash, and related to the highest priced poker chip. Though I don’t think you hear the phrase today as much as you did several decades ago, investors interested in a solid, conservative stock portfolio are still…
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Amazon.com, Inc. (NASDAQ:AMZN) is a stickler for details and terms. This fastidious nature is why the online retailer has filed a lawsuit against a former star supply chain and logistics executive who defected to Target Corporation (NYSE:TGT) this year. Amazon.com, Inc. Sues Former Star Executive Amazon is making legal news this week after it was…
