The acquisition of Beats Music by Apple Inc. (NASDAQ:AAPL) for $3 billion was an intriguing one for the technology giant but underscored its seriousness to make a mark in the streaming music business. Apple makes products that are enormous hits with consumers — who are typically rich — and selling them services is the next growth avenue for Apple.
Apple has seen a decline in popularity of its Read more […]
Amazon.com, Inc. (NASDAQ:AMZN) has got the go-ahead from the Federal Aviation Administration (FAA) to test its drones but complains that the FAA is acting too slowly in giving the required permissions which might force Amazon to take its testing abroad.
The FAA granted Amazon the legal rights to test its Amazon Prime Air delivery drones outside but with restrictions including requiring the drone Read more […]
With Bill Gates doing philanthropy worldwide and Satya Nadella seeking to stamp his authority over Microsoft Corporation (NASDAQ:MSFT) as its CEO, the company is showing its good-corporate-citizen side by going beyond the legal mandate or statutory requirements.
Microsoft announced that it will require its suppliers to provide their employees with at least 15 days of paid leave per year. Brad Read more […]
The next evolutionary stage of video is here as Twitter Inc (NYSE:TWTR) launches Periscope, a new iPhone-only app that lets users broadcast video live to the world. So, no more recording and then uploading of video to sites like YouTube, Vimeo or Daily Motion. Periscope, like its elderly sibling Meerkat, lets us all play broadcast journalists doing our own live shows.
The possibilities are mindboggling Read more […]
One of the main challenges for Tesla Motors Inc (NASDAQ:TSLA) is ensuring that it gets batteries on the cheap to power its cars and SUVs.
Battery prices have been falling from around $1,000 per kilowatt hour back in 2007 to about $400 per kilowatt hour now and they will continue to decline, according to a study in Nature Climate Change.
Tesla is investing $5 billion — along with Panasonic Read more […]
Once upon a time, Netflix, Inc. (NASDAQ:NFLX) was a disruptor that came up with a new way for people to enjoy TV shows, movies, and documentaries. Now, Netflix faces a threat as traditional media companies enter the online streaming business.
This is a bit of a role reversal for the one-time video rental company. Netflix is the obvious leader in the online streaming space with Amazon Prime Instant Read more […]