Author: Richard Atkins

Richard Atkins is a senior contributor at Tech Insider covering online media, online travel, and video games. Richard has been with Tech Insider covering companies in these industries since 2011 and has authored numerous industry reports, including "Internet Video: Field of Dreams or Nightmare on Elm Street," "The Next Leg of Online Travel," and "Pwned: How Casual Games Changed The Gaming Landscape." Atkins was recognized as the No. 2 stock picker and earnings estimator in the 2011 Financial Times / StarMine Internet & Catalog Retail category and was ranked in the 2010 Wall Street Journal "Best On The Street" for the Leisure Goods & Services category.
Finance, Mobile

Apple AAPL Stock News: Apple (NASDAQ AAPL) Says Bye-Bye to iPod Classic

It feels like just yesterday Apple Inc (NASDAQ AAPL) first unveiled the iPod as a revolutionary MP3 player. Music buffs could simplify their music collection by storing all their favorite songs in one little device and take it everywhere they go. But since the unveiling of the iPhone and the iPad, the overall demand for MP3 players declined over time. Earlier this week, the Cupertino-based … Continue reading Apple AAPL Stock News: Apple (NASDAQ AAPL) Says Bye-Bye to iPod Classic

Richard Atkins
Finance, Internet

Google GOOG Stock Update: Google Buys Poll Startup

Google Inc (NASDAQ GOOG) has acquired Polar, a mobile and desktop polling company in a bid to enhance the publishers’ and brands’ user engagement. The employees of the start-up will now work for Google and assist in increasing the user engagement on Google+, or help brands that use social network to market themselves. Google seeks to enhance it’s not so popular Google+ service, which holds … Continue reading Google GOOG Stock Update: Google Buys Poll Startup

Richard Atkins
Finance, Internet

Stock Focus: Facebook (NASDAQ FB) Looking to Focus on Videos?

Facebook Inc (NASDAQ FB) has invited content producers to test distribute their videos on the social network, according to the Wall Street Journal. In what may seem as the social networking’s efforts to overshadow YouTube, the company has got in touch, with some of the video site’s biggest content producers, with the offer. Facebook is enticing content creators to test videos on the site, in … Continue reading Stock Focus: Facebook (NASDAQ FB) Looking to Focus on Videos?

Richard Atkins
BioTech, Finance

Biotech Stock Abbvie can only Rise : here is why

In order to boost its pipeline, AbbVie Inc (ABBV) inked a collaboration agreement with Infinity Pharmaceuticals (INFI) to develop and commercialize the latter’s oncology candidate duvelisib (IPI-145). Infinity Pharma’s shares jumped over 44% following the announcement. AbbVie will be making an upfront payment of $275 million to Infinity Pharma to jointly commercialize duvelisib in the U.S. and will share the potential profits or losses equally. … Continue reading Biotech Stock Abbvie can only Rise : here is why

Richard Atkins
Finance, Software

The amazing Sir Richard Branson Says “Bitcoins are Working”

Sir Richard Branson has revealed further support for bitcoin as a functional, albeit volatile, currency. Asked in an interview with Bloomberg News whether the cryptocurrency will eventually work, the Virgin Group billionaire said that bitcoin is already working.

While Branson admitted that bitcoin remains volatile, he added that this is not necessarily a bad thing. “It is quite volatile, but in volatility people can make money,” he said. “I think it is working. There will be other currencies like it that may be even better, but in the meantime there’s a big industry around bitcoin. You know, people have made fortunes out of bitcoin, some people have lost money out of bitcoin.”

The entrepreneur also reflected on Virgin Galactic’s decision to start accepting bitcoin payments last November: “I am not foolish, if people have got lots of bitcoins and they want to go to space, I would much rather they spend that money on our spaceship […] a Virgin Galactic spaceship than on, you know […] Elon [Musk] will be sending people to space one day on Elon’s spaceships, so we’ll grab the money while it’s there.”

News on Bitcoins

Virgin Galactic has been testing much of its hardware in recent months, but Branson admits building the infrastructure for commercial spaceflights has been hard. He told Bloomberg that Virgin’s rockets are still undergoing flight tests, but the rest of the infrastructure is already ready.

“Early next year we will finally be up and away,” said Branson. Virgin’s goal is to fly tourists to space in suborbital flights, using its SpaceShipTwo craft. In addition to Virgin Galactic’s decision to accept bitcoin payments, Branson has also made his mark in the wider bitcoin industry by investing in BitPay.

Bitcoin News Video

Watch this video for more “News on Bitcoin”.

Continue reading “The amazing Sir Richard Branson Says “Bitcoins are Working””

Richard Atkins
Finance, Internet

Microsoft To Abandon Nokia (NASDAQ MSFT Stock)

Microsoft Corporation (NASDAQ MSFT) would abandon Nokia name and would no longer use for its mobile products, according to a leaked internal document. While the sale has been indicated by the company previously, the document obtained by tech blog GeeksOnGadgets just confirmed that. As per a leaked internal document, Microsoft plans to drop words ‘Nokia’ and ‘Phone’ soon from the branding. The document notes that … Continue reading Microsoft To Abandon Nokia (NASDAQ MSFT Stock)

Richard Atkins