Facebook Inc. (NASDAQ:FB) is planning a big push into small business advertising. Right now, very few of the small businesses that use Facebook take advantage of the advertising aspects. Facebook is looking to increase revenue from this key area to keep up with Google, as the two … [Read more...]
Michael Novogratz of Fortress Investment Group: Bitcoin will threaten banks with peer-to-peer lending
In recent months, bitcoin has garnered the support from some high-profile Wall Street investors. From pouring money into bitcoin ventures to acquiring stock associated with the digital currency, it seems there are more bulls in bitcoin these days and is becoming a popular … [Read more...]
Apple Store sales in neutral ahead of new Apple Inc. (AAPL) product releases
Apple Inc.'s (NASDAQ:AAPL) retail stores are experiencing a period of sales "doldrums" in the absence of fresh, new, and exciting products to draw crowds of eager purchasers through their doors. According to reports, however, this is actually a sign of robust sales of existing … [Read more...]
Eurozone youth unemployment rate stands at 23.7% or 19 million people
Last week, new employment data in Europe was published and reported that the eurozone’s seasonally-adjusted unemployment rate was 11.8 percent in the month of March. According to Eurostat, the European Union’s statistics office, close to 19 million people remain unemployed in the … [Read more...]
Twitter’s largest shareholders say “we’re not selling” with lockup expiring soon
Twitter Inc. (NYSE:TWTR) got a big relief this week, when some of its largest stockholder gave it a huge vote of confidence, by stating they would hold on to their stock. This comes ahead of the expiry of the lockup agreement that has been in place since the IPO in November, … [Read more...]
Wisconsin political candidate Mark Clear returns bitcoin donations
The state of Wisconsin is in the bitcoin headlines again. This time the news is surrounding Mark Clear, a Madison alderman who is running for state representative. Clear is believed to the first Badger State politician to incorporate bitcoin into his campaign fundraising arsenal. … [Read more...]
Facebook prepares new video advertising concept to increase revenue
Facebook Inc. (NASDAQ:FB) is looking to take the video advertising market by storm in the near future with a new concept that has some web video executives concerned. At present, Facebook allows brands that have their own pages, to put video advertisements on them. It is now looking … [Read more...]
Apple (AAPL) vs. Samsung verdict may signal end of litigation
The jury has awarded Apple Inc. (NASDAQ:AAPL) the relatively trivial amount of $119 million dollars from Samsung for a handful of patent violations, about 1/18th the sum sought in damages by the Cupertino firm. Out of five patents involved, only three were deemed to be violated by … [Read more...]
Twitter’s accounting method Ebitda (earnings before bad stuff) is suspect at best
Twitter's (NYSE:TWTR) rather creative method of accounting is starting to enter the realm of fantasy. Being able to ‘adjust’ accounting figures is nothing new, but over the last decade, there has been an increase in the number of these adjustments. Many commentators refer to these … [Read more...]
U.S. Department of Defense to study bitcoin as potential terrorist threat
For close to a year now, governments, central banks and law enforcement agencies have been quite blunt in their viewpoints that bitcoin and other digital currencies are associated with illicit transactions and criminal activities, such as money laundering and terrorism financing. The … [Read more...]
Apple Inc. (AAPL) confirms purchase of micro-LED display manufacturer LuxVue Technology
Cupertino-based electronics firm Apple Inc. (NASDAQ:AAPL) bought a small company, LuxVue Technology, for an undisclosed amount, and confirmed the purchase to Re/Code in a minimalist memo to the Apple news site. LuxVue is a manufacturer of micro-LED displays, raising speculation that … [Read more...]
Apple Inc.’s (AAPL) EarPod update clouded by odd rumors on ‘Secret’ app
Now entering the second year since their introduction, Apple Inc.'s (NASDAQ:AAPL) EarPods, an advanced replacement for earbuds, are allegedly soon to be updated with striking new features. The latest information is being spread by an app called Secret, which, like rival apps such as … [Read more...]
Apple Inc. (AAPL) files patent application for 3D photo and video method
Yesterday, the United States Patent and Trademark Office (USPTO) published Apple Inc.'s (NASDAQ:AAPL) application for a new patent related to three-dimensional photo and video capture. This document described a way to create full 3D images of objects with a "portable electronic … [Read more...]
Chinese bank announces it won’t allow clients to transact bitcoin, litecoin
Upon orders from the People’s Bank of China (PBOC), financial institutions are beginning to institute restrictions on client accounts to prevent them from taking part in transactions involving bitcoin and litecoin. China Construction Bank confirmed Wednesday on its website that it … [Read more...]
Google faces antitrust lawsuit regarding its Mobile Application Distribution Agreement (MADA)
Google (NASDAQ:GOOG) is facing yet another lawsuit in California. This time the issue at stake is the Mobile Application Distribution Agreement (MADA), that Google forces Android device makers to sign. The contents of this agreement are a closely guarded secret, but one of the key … [Read more...]
Republican Senator Rand Paul: Back bitcoin by stocks
Libertarians who are critics of bitcoin like to own a currency that is backed by something that is tangible and physical, such as gold and silver bullion. This is one of the premises behind the Austrian School of Economics, the economic theory supported by most libertarians … [Read more...]
Study finds people like food better if they think it’s expensive
Let’s face it: we all like going out to eat at a nice restaurant once a while – for some, more than others. Sometimes the food is worth the price, while during other occasions we ask ourselves if the meal was even worth the $30 (plus tip). Well, according to a new study, our liking of … [Read more...]
Google is hiding website URLs in version 36 of Chrome: Code name “Origin Chip”
Guess what? Google Inc. (NASDAQ:GOOG) is looking into a way to to eliminate the URL entirely. Well, almost. Testing is being done on Chrome version 36. The current stable version of Chrome is 34. Google also has a steady six-week, rolling release date. Currently, the "http" portion … [Read more...]
Facebook launches new feature “anonymous login” – hide your identity
Facebook Inc. (NASDAQ:FB) wants you to know that they value your privacy. How much? Well, on Wednesday, the company introduced a feature called "anonymous login". What is that, you might ask? It means that you can sign into apps without having to share your identity. So, now that … [Read more...]
Congressional data finds 67% of Obamacare enrollees have paid their premiums
Data gathered by the United States House Energy and Commerce Committee highlights that 67 percent of Americans enrolled in the Obamacare marketplace had paid their first monthly premium (as of Apr. 15). Many critics of the Affordable Care Act (ACA) say the enrollment process isn’t … [Read more...]
