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Articles by Sachi Mohanty

Stock market analyst and commentator.

German Carmakers Acquire Nokia’s Mapping Unit For $3 Billion

May 3, 2016 – 6:18 am | Comments Off on German Carmakers Acquire Nokia’s Mapping Unit For $3 Billion
Nokia logo

German carmakers Audi, BMW, and Daimler (owners of the Mercdeds brand) paid € 2.8 billion or about $3 billion to acquire Nokia’s mapping service Hire. Nokia sold its mobile phone unit to Microsoft last year for $7.6 billion.

Nokia is now focused almost entirely on its telecom equipment business, selling communications equipment to telecoms carriers worldwide.

Nokia’s Here mapping technology Read more […]

The Ford Mustang GT Convertible Has The Right Stuff, But Lacks Refinement

August 7, 2015 – 6:31 pm | Comments Off on The Ford Mustang GT Convertible Has The Right Stuff, But Lacks Refinement
2015-Ford-Mustang-Convertible

If a car can be proud of its heritage and try to sell on pedigree, the Ford Mustang is certainly one such car. In its 50th year, the Ford Mustang GT Convertible with a 5.0 liter V8 engine continues a proud legacy.

It’s fast and powerful and ticks all the points when it comes to speed with a 420 horsepower engine that will take you from zero to 60 mph in 4.8 seconds. It packs more torque than Read more […]

Berkshire Profit Declines 37 Percent, Insurance Underwriting Segment Loses $38 million

August 7, 2015 – 5:17 pm | Comments Off on Berkshire Profit Declines 37 Percent, Insurance Underwriting Segment Loses $38 million
U.S. President Obama awards the Medal of Freedom to recipient Buffett during ceremony at White House in Washington

Warren Buffett’s Berkshire Hathaway Inc. reported a 37% fall in 2Q2015 profits, including a loss of $38 million in insurance underwriting operations.

Berkshire Hathaway reported net income of $4.1 billion in the second quarter, or $2,442 per share, compared to $6.4 billion, or $3,889 per share, a year earlier. The diversified Berkshire group has interests across insurance, railroads, utilities Read more […]

Swiss Made Nico Gerard Watches Come With Apple Watch Or Apple Watch Edition Attachment

August 3, 2015 – 1:57 pm | Comments Off on Swiss Made Nico Gerard Watches Come With Apple Watch Or Apple Watch Edition Attachment
Nico Gerard Sunrise PINNACLE

If you want the best of Swiss watch-making traditions and precision and also want to wear an Apple Watch or Apple Watch Edition at the same time, well, a Nico Gerard Pinnacle watch is just what the doctor ordered.

If you thought Apple Watch Sport, Apple Watch and Apple Watch Edition smartwatches were rather expensive at $350, $500 and $10,000 respectively, what will you say about the Nico Gerard Read more […]

Yahoo! Inc. (NASDAQ:YHOO)’s Latest Acquisition Is Shopping Site Polyvore

August 3, 2015 – 6:42 am | Comments Off on Yahoo! Inc. (NASDAQ:YHOO)’s Latest Acquisition Is Shopping Site Polyvore
Yahoo CEO Marissa Mayer

Yahoo acquired a shopping site called Polyvore for an undisclosed price in a bid to enter into the competitive mobile ecommerce business.

The Yahoo announcement said:
Yahoo and Polyvore will power native shopping ads that drive traffic and sales to retailers. Broadly, Polyvore will accelerate Yahoo’s Mavens growth strategy (mobile, video, native, social) through its strong offerings in social, Read more […]

Amazon Splurges A Quarter Of A Billion Dollars On Top Gear Hosts Including Jeremy Clarkson

August 1, 2015 – 8:57 am | Comments Off on Amazon Splurges A Quarter Of A Billion Dollars On Top Gear Hosts Including Jeremy Clarkson
Former Top Gear Hosts on Amazon Prime

Amazon.com (NASDAQ:AMZN) has won a rather expensive bidding war for the ex-Top Gear hosts Jeremy Clarkson, Richard Hammond, and James May — to the tune of $250 million or £160 million. Amazon beat Netflix, its great online streaming rival in the process. The ex-Top Gear team will produce three seasons of an auto show with each season having 12 episodes.

Amazon’s auto show which is not named Read more […]

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