As General Electric Company (NYSE:GE) continues to go back to its industrial manufacturing roots by shedding its GE Capital assets, it reported a 1Q2014 loss of $13.6 billion or $1.35 per share. Excluding the GE Capital sales, the company’s net income was $3.1 billion.
GE reported 1Q2015 revenue of $29.4 billion, down 12% from 1Q2014. GE’s oil & gas business revenue declined as did its Aviation Read more […]
The new Model S 70D from Tesla Motors Inc (NASDAQ:TSLA) packs more power — 514-hp to be precise — and costs about $5,000 more at $76,200 including shipping.
This is the new entry-level offering from Tesla Motors and is available for purchase now. After Federal and various State “green” car subsidies, this Model S will cost around $65,000 and is targeted at the Mercedes E-Class and BMW 5-Series Read more […]
For the search giant Google Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), the search is on — and it’s for the Next Big Thing. While it remains the undisputed leader in web search, it has reached a plateau of growth and competitors are beginning to eat away at Google’s sources of profit.
Google Search Competition
Microsoft Bing (and Yahoo Search which is powered by Bing) have significant marketshare in the Read more […]
Not for the first time that there are rumors of Twitter Inc (NYSE:TWTR) getting acquired and they surfaced again today leading to the stock rising nearly 4%.
The supposed Twitter suitors are the usual suspects — Google and Facebook. This a day after Twitter finally released its version of the MT feature available in TweetDeck for long whereby you can add a comment while retweeting a tweet in Read more […]
Microsoft Corporation (NASDAQ:MSFT), celebrating 40 years as a titan of the computer software industry, announced a pilot program to hire people with autism.
In a blog post, Mary Ellen Smith, Corporate Vice President of Microsoft, announced the start of a new pilot program with Specialisterne, focused on hiring people with autism for full-time, Redmond-based Microsoft positions. Ms. Smith, who Read more […]
Hollywood is the master of the movie franchise format and Netflix, Inc. (NASDAQ:NFLX) is learning from the masters when it extended House of Cards to Season 4. The award-winning show about the political ambitions and scheming of Frank Underwood was a complicated enough thriller with enough complexity to not get bogged down even though throwing characters under the subway train may be asking too Read more […]