The stock markets often display a manic-depressive pattern of responses to company announcements, especially when a huge and prominent company like Apple Inc. (NASDAQ:AAPL) is involved. When Apple underperformed slightly for Q1 2014, a disproportionate drop in share prices occurred … [Read more...]
Google spent 3.8 million lobbying for technology giving it a slight edge over Facebook
It looks like Facebook Inc. (NASDAQ:FB) is going head-to-head with Google Inc. (NASDAQ:GOOG) for influence in Washington. House.gov reports that Google spent $3.8 million on tech lobbying. Giving it the lead, in lobbying, over Facebook. Microsoft came in second, then Facebook third, … [Read more...]
2014 Q1 saw increase in bitcoin wallet attacks: report
In the first three months of 2014, there were numerous reports of various attacks against bitcoin exchanges and digital wallets. A new report has outlined that there has been a significant surge in the number of attacks against bitcoin wallets. Late last year, Kaspersky Lab, a … [Read more...]
Apple Inc. (AAPL) stuns investors with Q2 earnings – and why Bloomberg’s predictions were wrong
Suddenly taking on the role of dark horse, Apple Inc. (NASDAQ:AAPL) shattered Bloomberg L.P.'s gloomy predictions with record-breaking second quarter profits in yesterday's quarterly report. Just as Apple's slightly weaker than predicted Q1 earnings sent its stock prices into a … [Read more...]
FEC (Federal Election Commission) delays vote that would allow bitcoin campaign donations
We reported this week that the Federal Election Commission (FEC) would be reviewing a request made by a political organization that would allow donors to contribute to political campaigns with bitcoin of up to $100. It is now being reported that the FEC has delayed a formal vote on … [Read more...]
Americans not heading to stocks amid low interest rates, Fed stimulus
Finance experts and market analysts are encouraging investors to put their money into the stock market as numerous stocks are hitting record highs. Wall Street is also pleased because the Federal Reserve will likely keep interest rates low for until at least until late 2015 and its … [Read more...]
Samsung buys patents to use against Apple (AAPL) in latest lawsuit
In a move reminiscent of patent assertion entities (PAEs, or, more pithily, "patent trolls") Samsung bought two of the patents it is using to accuse Apple Inc. (NASDAQ: AAPL) of infringing on its intellectual property rights. According to The Verge, and the records of the United … [Read more...]
Twitter poaches executive Thomas de Buhr from Google to head the team Germany
Twitter Inc. (NYSE:TWTR) is really shaking things up. From their new user profiles (similar to Facebook's) and updated algorithms to pushing for more media relationships, Twitter is also poaching executives from Google, as well. In fact, Twitter recently hired Thomas de Buhr. He was … [Read more...]
Apple Inc. (AAPL) launches new “Powerful” 90 second ad
Continuing to push the iPhone 5S even as the iPhone 6 looms ever nearer on the release schedule horizon, Apple Inc. (NASDAQ:AAPL) today released a new full-length, 90-second advertisement entitled "Powerful." The ad can be viewed on Apple's official YouTube channel (or watch it … [Read more...]
Danish political party considering internal blockchain voting
The technology of bitcoin has been lauded by both its staunch supporters and avid opponents. One common statement is that the cryptocurrency technology can move far beyond a currency, such as electronic payments systems and now perhaps voting. A Danish website, Version2, is … [Read more...]
Apple Inc. (AAPL) Q2 2014 earnings report due at 4:30 PM EST today
The earnings of Apple Inc. (NASDAQ:AAPL) seem to be watched more closely than those of most other companies, even though the Cupertino tech firm's stocks are highly undervalued according to most analysts. Any deviation from the expected earnings – even if the overall financial health … [Read more...]
FEC (Federal Election Commission) mulling bitcoin donations for political campaigns
Several political incumbents and hopefuls in the United States have already established bitcoin platforms for financial contributions, despite concerns that it might not be fully permitted by the Federal Election Commission (FEC). This could help transform the way campaigns finance … [Read more...]
Tesla to manufacture cars in China within next four years
Speaking at a crammed Geekpark Conference in Beijing on Monday, Tesla Motors CEO Elon Musk said that the company will begin to manufacture vehicles in China within the next three to four years. Also, Tesla will begin establishing a large network of battery-charging stations in the … [Read more...]
Twitter gaining momentum in the mobile advertising space, putting pressure on Facebook
Twitter Inc. (NYSE:TWTR) is increasing the pressure on Facebook (NASDAQ:FB) in the area of mobile app advertising. Despite being rather slow in rolling out new ad products, Twitter is gaining momentum. This is due in part to its closer integration with MoPub and comes very soon after … [Read more...]
Robert Shiller says investors should buy stocks, others warn market is in a bubble
Since the economic downturn and the beginning of the Great Recession, the United States stock market has somewhat rebounded primarily due to monthly stimulus courtesy of the Federal Reserve. Whatever the reason is for the increase in stock prices, one economist is urging investors to … [Read more...]
EU sanctions against Russia would destroy Cyprus economy: FM
If the Europe Union were to implement economic sanctions against Russia then it could very well “destroy” the economy of Cyprus, according to foreign minister Ioannis Kasoulides, who spoke with a German newspaper last week. "There are very strong economic ties between Cyprus and … [Read more...]
Facebook stock trader purchases 30,000 – 8 month put options costing $8.3 million
With Facebook’s earning due out on Wednesday, there has been a significant amount of activity on the market. One trader in particular, seems to have a dim view of Facebook’s financial future and has bought 30,000 8 month put options. The trade, which is one of the biggest Facebook … [Read more...]
Americans see real estate as top long-term investment: Gallup
The United States real estate market is still rebounding from its crash at the height of the Great Recession. The Federal Reserve continues to pump monthly stimulus into the system that currently benefits homeowners and it seems that Americans still feel owning real estate is a great … [Read more...]
U.S. investment banker James Rickards says tie bitcoin to gold and avoid volatility
James Rickards, a portfolio manager at West Shore Funds and the author of "The Death of Money," has mixed feelings over bitcoin, at least that is what he appears to feel in his latest op-ed piece published Monday in the Darien Times entitled "Bitcoin meets the taxman." In his … [Read more...]
Google under fire from one of the largest European media publishers, Axel Springer
Google Inc. (NASDAQ:GOOG) has been accused of becoming a "superstate" by Axel Springer one the largest media publishers in Europe. The attack was launched by Mathias Döpfner, Axel Springer’s chief executive in an open letter published in a reputable German newspaper to Eric Schmidt, … [Read more...]
