This week, bitcoin (BTC) has dominated the headlines after numerous digital currency exchanges have shut down their services after experiencing denial of service (DOS) attacks. This has caused the value of bitcoin to drop to less than $650 – there was also a flash crash that saw … [Read more...]
Battle of the super titans: Apple iOS vs. Google Android – who will reign superior
Apple Inc. (NASDAQ:AAPL) is still the leader in profits from smartphone sales, according to recent analysis by International Data Corp, or IDC. Though Google Inc. (NASDAQ:GOOG) phones moved almost 800 million units in 2013 and there is no sign yet of the torrent of purchases … [Read more...]
Apple Inc.’s (AAPL) iOS and Android jockey for first place as global smartphone shipments surpass 1 billion
The iOS mobile operating system made by Apple Inc. (NASDAQ:AAPL) was one of the two leading systems during 2013, when smartphone sales rose above one billion, according to an IDC report issued today. Android led the field in sheer volume, outselling iOS in terms of units sold three or … [Read more...]
Google creates Project Oxygen to showcase management success stories
Recently, Google Inc. (NASDAQ:GOOG) surpassed Exxon to be the world's 2nd most valuable company. While innovation and perseverance can be attributed to part of its success, the other part has to do with the inner workings of the technology leader. Additionally, for almost a … [Read more...]
Google rival Nokia to manufacture Android-powered phones
As a nod to its power, even Google Inc. (NASDAQ:GOOG) competitors can't seem to come up with anything that can overcome the Android operating system. So, in the tradition of the "if you can't beat them, join them" philosophy, Microsoft Corporation (NASDAQ:MFST) Nokia arm has decided … [Read more...]
2014 Canadian federal budget addresses ’emerging risks’ like bitcoin
Canadian Finance Minister Jim Flaherty unveiled the federal budget for 2014 on Tuesday. Although it isn't believed to be a revolutionary or game changing federal budget, the Conservatives revealed plans to tighten rules and regulations in order to combat money laundering and terrorism … [Read more...]
Banksters (JPMorgan) continue their assault to undermine Bitcoin to no avail
It's understandable: bitcoin could very well be competition to Visa, PayPal and traditional fiat currency. That’s why those on Wall Street and central banking officials have been on the defensive in the past few months when it comes to cryptocurrencies. From Jamie Dimon to Alan … [Read more...]
Dealings between Apple Inc. (AAPL) and Carl Icahn highlight emergent corporate checks and balances
After ISS Governance (NYSE: MSCI), a proxy advisory firm, counseled investors to vote against Apple Inc. (AAPL) acceding to Carl Icahn's demand for a $50 billion share buyback at the upcoming shareholders' meeting, the activist investor backed down. On February 10, 2014, Mr. Icahn … [Read more...]
Twitter’s next big move could be data licensing
With Twitter's (TWTR) recent stock market woes--investors are wondering where Twitter should direct its attention moving forward. It is obvious that the time for a major technology update has come, but there are also areas where Twitter could stand to improve. Since big data and … [Read more...]
Facebook forming business council
To say that Facebook (FB) is diversifying would be an understatement. In 2013, Facebook brought in revenues of $7.9 billion, which was a 55% increase over 2012. Not to mention the fact that the company has instrumented a complete turnaround from its IPO days. Now, Facebook (FB) wants … [Read more...]
Apple Inc. (AAPL) may not use sapphire screens on iPhone 6
Apple Inc. (AAPL) has spent more than $578 million on its ambitious "Project Cascade" plant in Mesa, Arizona, a new sapphire crystal manufacturing facility that will increase the world's capacity for making this high tech substance by at least 200 percent. Speculation was rife that … [Read more...]
New York hedge fund generates $5 million in bitcoin deposits in three days, “expect to multiply tenfold”
Financial institutions across the globe are beginning to adopt bitcoin (BTC) and incorporate the digital currency into its business model. This is evident after NYSO HEDGE, a hedge fund located in New York City, announced that it has accepted approximately $5.4 million in bitcoin … [Read more...]
Is Bitcoin the technology of the future? “Over the next 5 years I think digital money will catch on”, Bill Gates
After the weekend’s 20 percent plunge and Monday’s flash crash, columnists and pundits discussed the idea that this is the end of bitcoin (BTC) and the cryptocurrency market. Bitcoiners scoffed at the notion because it’s a four-year-old currency and electronic payment system and there … [Read more...]
Facebook shares given a “Hold” recommendation and “C” rating: How long will it last?
On February 07, 2014, The Street Ratings team issued a "Hold" recommendation for Facebook (FB) while giving it a "C" rating. As of 2:38 p.m on Friday, the stock rose 2.94%, reaching a share price of $63.99. The Street Ratings team defended their position by stating, "The company's … [Read more...]
Can Twitter regain shareholder confidence and share price?
On Thursday, February 06, 2014, Twitter Inc. (TWTR) saw its share price descend by 24%. Investors were disappointed by its earnings report on Wednesday. Twitter conveyed slowed user expansion and timeline views for the fourth quarter. In addition, analysts expected the company to have … [Read more...]
Watching Apple Inc.’s (AAPL) partners could reveal investment opportunities
Though the shares of Apple Inc. (AAPL) itself are the most closely watched by the market, recent events have shown that the computer giant's partners may present additional investment opportunities for investors interested in the Cupertino firm. As discussed earlier, GT Advanced … [Read more...]
Apple Inc. (AAPL) acts as a catalyst for secondary investment opportunities, Arizona sapphire glass plant
Apple Inc. (AAPL) facilities are a major prize that states vie fiercely for, offering numerous concessions that attract other businesses and cause local economic growth beyond that directly provided by the latest branch of the Cupertino, California technology giant. The sapphire glass … [Read more...]
Bitcoin used to pay for illegal drug trades in Sweden
Here we go again? The Swedish Daily News (via the International Business Times) reported Monday that bitcoin (BTC) was used by drug dealers in at least six transactions throughout last year. Sources say that most of the drug trades were performed on the Internet, a piece of news … [Read more...]
“The Bitcoaster We’ve Grown to Love and Hate”, A Bitcoin Story
Is Bitcoin's (BTC) nosedive a case of ‘been there, done that’? The Bitcoaster we've grown to love and hate. 2013 was a bit of a rollercoaster for bitcoin. It started off the year worth only a few bucks before skyrocketing to more than $1,000 towards the end of the year. Over the … [Read more...]
Carl Icahn has pressured Apple Inc. into buyback but it’s a mistake
Egged on by the famous investor Carl Icahn, Apple Inc. (AAPL) has been buying back its own shares vigorously – which, according to a statement earlier today from Egan-Jones Ratings Co., is a mistake. The independent ratings and analysis firm, established in 1995, urged … [Read more...]
