Biogen Idec (BIIB) reported second quarter 2014 earnings per share of $3.48 (including the impact of stock-based compensation expense), way above the Consensus Estimate of $2.80 and the year-ago earnings of $2.29 per share. While oral multiple sclerosis (MS) drug, Tecfidera contributed significantly to revenues, the company also benefited from the approval of an agreement…
Pantera Capital, an investment fund that focuses on bitcoin, has announced an index it says will allow investors to track the cryptocurrency over a medium-term timeframe. Dubbed the BitIndex, it takes into account seven different factors that Pantera believes accurately charts bitcoin’s overall progress. What’s interesting is Pantera Capital is not including price in the…
Google Inc (NASDAQ GOOG) wants to kick up its advertising options a bit. The search giant recently acquired video advertising company mDialog as an effort to offer more advertising options to businesses. Google wants to boost video advertising revenues which is why it acquired mDialog, a company that specializes in video ads. Google also has…
Facebook Inc (NASDAQ FB)’s Slingshot app, which is said to be the answer to ephemeral chat app Snapchat, has gotten its first update, and with it come new features that have been added to the app. One of the remarkable new features is the Reactions to Reactions feature, which enables the app’s users to post…
Apple Inc (NASDAQ AAPL) will not launch its revamped TV in 2014, according to a report from the Information, citing a source. According to the report, the engineers working on the device were updated that there will be a delay in the product launch due to continuous contractual issues with cable companies and Comcast’s delayed…
Facebook Inc (NASDAQ FB) is now signaling a change from the previous version of CEO Mark Zuckerberg views over privacy. Previously, Zuckerberg said that privacy was not a social norm anymore in the society that is likely to share everything. However, the change is mainly limited to setting its definition of privacy or taking a…
