Polaroid goes digital with unique Swing
The company is getting a second chance at life with “Polaroid Swing,” which it recently launched and basically functions as a digital Polaroid. The app lets users take 60 frames in one second, capturing an […]
August 2016
Fitbit’s revenues climbed by 46%
Fitbit (NYSE:FIT) topped earnings per share and revenue expectations for the current quarter. Revenues climbed some 46% from the same quarter in the prior year, but gross margin slipped 500 basis points to 41.8%. According […]
Is Instagram copying Snapchat?
Snapchat (SNAP) continues to gain momentum, particularly among the younger demographic. Last fall, Facebook’s (NASDAQ:FB) Instagram platform was the most preferred social media platform among teens, garnering 33% of first-place votes. That figure dropped to […]
Samsung introduced its new Note 7
Will Samsung (OTC:SSNLF) be able to turn the tide in the smartphone market? Well, at least in the U.S. that is? Globally, the South Korea-based company shipped some 90 million handsets in the second quarter […]
Korean inflation slipped to 0.7% in July
South Korea’s inflation rate cooled to a 0.7% pace in July, down from 0.8% in June. Slack oil prices contributed to the decline, leaving the rate at a 10-month low. Maeil Business Newspaper (South Korea) […]
Bitcoin sinks after hackers steal $65 Million
Bitcoin plunged after one of the largest exchanges halted trading because hackers stole about $65 million of the digital currency. Bitcoin slumped 5.3 percent against the dollar as of 10:17 a.m. on Wednesday in Tokyo, […]
Emirates said to be raising as much as $2.5 Billion for A380s
Emirates, the world’s biggest airline by international passenger traffic, is seeking to raise as much as $2.5 billion to fund the purchase of Airbus Group SE A380 superjumbos, according to two people with knowledge of […]
Global stocks follow oil prices into a skid
Many global stock markets took a beating Tuesday in response to the 22% skid in oil prices since June and wider worries about global growth and the unsteady state of European banks. Analysts also say […]
Cambria to become adviser of Dhandho Junoon ETF
Cambria Investments will take over as the adviser for the Dhandho Junoon exchange-traded fund, according to a securities filing. The ETF buys equities of companies that return capital to investors through share buybacks and spinoffs, […]
Verizon to acquire Fleetmatics car-tracking firm for $2.4B
Verizon Communications says its $2.4 billion acquisition of GPS vehicle-tracking company Fleetmatics Group will accelerate its entry into fleet management and the connected-vehicle business. The transaction price of $60 a share is about a 40% […]