In a refreshed effort to focus on music streaming services, Microsoft Corporation (NASDAQ MSFT) plans on dropping the free version of Xbox Music on December 1st. Microsoft will continue to offer Xbox Music Pass, an unlimited ad-free music streaming service that starts at $10. Although the company did not mention why it was dropping the…
Apple Inc (NASDAQ AAPL) stock went up 1.79% to $104.83, setting a new record high. The big jump comes just days after the Cupertino company reported strong fourth-quarter results. Investors have brushed aside all the negative headlines about Apple’s products in the past few weeks. There have been concerns over the iCloud account hacks, iPhone…
With the release of the Nexus 6, Google Inc (NASDAQ GOOG) is gunning for Apple Inc (NASDAQ AAPL), and particularly its recent iPhone 6 Plus phablet release. But if Google is to make serious inroads into Apple’s market dominance, then it will be necessary for the corporation to convince existing Nexus 5 consumers to upgrade…
Facebook Inc (NASDAQ FB) shares closed Thursday at an all-time high of $80.04. It gives the company a valuation of over $208 billion. Facebook’s previous record high was $79.04 on September 30. The stock has rallied close to 49% this year so far. The company has impressed investors with its successful transition into mobile advertising….
Google Inc (NASDAQ GOOG)’s earnings results disappointed last week, or more specifically, one particular metric disappointed. Growth in paid clicks decelerated in the quarter, leaving investors with worries about Google’s near term growth. However, BGC analysts believe Wall Street is focusing on the wrong metric. They think growth in cost per click is more important…
Facebook Inc (NASDAQ FB) is mad at the United States Drug Enforcement Administration for creating fake accounts to catch drug offenders. The social media giant sent a formal complaint to the DEA. Facebook recently sent a letter to the DEA asking them to stop impersonating users. The letter comes from Joe Sullivan (Facebook’s security chief…
