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The rivalry between Alibaba Group and TENCENT HOLDINGS heats up as TENCENT bans the use of Alipay for its users to send money during the Spring Festival 2015. The move has come after Alibaba prevented users from using TENCENT’s payment system on its online retail sites
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Twitter fell short of analysts’ MAU growth estimates for the fourth quarter and is blaming Apple. Here’s why
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Apple has named Rovio Entertainment’s ‘Angry Birds Seasons’ as its App of the Week, bringing it to iOS users free of cost for a week
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Twitter has surged about 13% in early trading today, after posting impressive revenue figures
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Bidness Etc highlights the recent insider-selling activity for stocks of Facebook, Ford Motor Company, and DISH Network Corp
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Pandora Media reported a miss on revenue consensus estimates, following which the stock traded down by around 19%
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Apple submitted a patent application last year for a new fingerprint sensor located on the display for future iPhones and iPads
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LinkedIn stock hit its all-time high during extended trading yesterday, after it surged 7%. The stock climbed on fourth-quarter earnings beat and upbeat guidance for the first quarter of FY15 and the full FY15
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Oppenheimer has lowered its price target on GoPro from $45 to $35, despite the company beating consensus estimates in its 4QFY14 earnings
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Apple has begun seeding the first beta of Mac OS X Yosemite 10.10.3, officially revealing details about the long-awaited Photos app for Mac
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Bidness Etc looks at the recent insider-selling activity for Twitter shares. The company reported upbeat fourth-quarter results yesterday
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Twitter CEO Dick Costolo confirms the Twitter-Google collaboration during the fourth-quarter earnings call. The deal will allow Google to filter tweets and show in its search results, aiming to drive more sign ups for Twitter
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JPMorgan calls FireEye’s forensic division as the “Go-To” business after its high-profile wins with Sony and Anthem data breaches. Stocks of other health insurers, like Palo Alto Networks, also gain in the wake of the data breaches that have left investors on the watch regarding security stocks
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Twitter has seen its fair share of hostile investor behavior, but it is attempting to turn matters around; the company reported upbeat earnings and revenue for the fourth quarter but recorded lower-than-expected MAU growth
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Deutsche Bank analyst Alan Hellawell III maintained his price target of $261 and Buy rating on Chinese Internet search provider Baidu
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Alibaba affiliate Ant Financial will reportedly invest more than $500 million in One97 Communications, a leading online payments firm in India
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Microsoft Corporation needs to make a large push in the market with its Windows 10 universal applications, which are already being showcased in their technical preview
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Bidness Etc looks at what Morgan Stanley had to say regarding Amazon and its future outlook, causing the stock to rise over 2% today
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Is the Apple Watch really something you want, when the Pebble smartwatch is practically all you need?
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LinkedIn Corporation announced favorable 4Q financial results after markets closed on Thursday, beating EPS and revenue estimates
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Twitter reported 4Q financial performance on Thursday after markets closed; beats EPS and revenue estimates
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GoPro has reported a beat on both revenue and EPS estimates for the fourth quarter of 2014
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Sony Pictures co-chairman, Amy Pascal, has reportedly stepped down from her post after an embarrassing hacking scandal
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Bidness Etc takes a look at the Chapter 11 bankruptcy protection filing by RadioShack Corporation
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Analysts at JPMorgan weighed in with a highly positive view on GoPro Inc, after the stock fell sharply in after-hours trading yesterday despite a strong performance in the holiday quarter
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Tesla Motors stock has made a sharp recovery, exceeding the $200 mark, as it broke out of a bullish head-and-shoulders chart pattern. However, the $230 mark could offer serious resistance based on technical indications discussed below
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On Wednesday, Tesla again pushed for a bill to be passed in Arizona ,which would enable customers to purchase cars directly from a Tesla exclusive store
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GoPro posted blowout numbers for the fourth quarter of 2014 but plunged 15% in after-hours trading. Bidness Etc analyzes the reasons behind the plunge
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Despite boasting added boost and additional 222 pound feet torque, Tesla’s favorite car fell behind Corvette Stingray
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Goldman Sachs analyst Judy E. Hong cut her price target on Keurig Green from $181 to $166, while reiterating a Buy rating
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Topeka Capital comments on Michael Kors stock – rates it a Buy with a price target of $120
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Bidness Etc looks at the latest development regarding the talks between United Steelworkers and US refiners. The union has rejected the latest offer made by the US refiners due to the reasons discussed below
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Bidness Etc looks at the involvement of Workers’ Party’s Treasurer in the Petrobras corruption scam and what the treasurer has to say regarding the accusations hurled at him of accepting bribes resulting from the scandal
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The SEC ended its investigation of Linn Energy in regards to its acquisition of Berry Petroleum Corp. back in 2013
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BP finds itself tangled in yet another legal web. Bidness Etc takes a closer look at the details of the case
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Bidness Etc discusses why employment in the North Dakota oil patch has remained largely unaffected despite tumbling crude price, while oil workers in other regions have been facing severe job cuts and lower wages
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The company raised nearly $1.1 billion by selling 46.8 million shares, at a higher price than previously expected
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The research firm advocates an Outperform rating for Bank of America stock, compared to the previous Sector Perform evaluation
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In the aftermath of the AWS-3 auction, Sprint’s 2.5 GHz spectrum may be valued as high as $115.1 billion. Meanwhile, CEO Marcelo Claure has said that multiple parties have expressed interest in the spectrum assets
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Sprint will acquire around 1,750 retail stores as part of its deal with RadioShack, bringing its retail footprint in-line with its competitors
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Level 3 Communications has posted better-than-expected 4Q earnings. It has also given an improved guidance for 2015, which suggests management’s increased confidence moving forward
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Verizon is selling part of its wireline assets to Frontier Communications and is leasing its towers to American Tower to reduce its debt load and fund its share repurchase program
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Teva shares traded up 3% during trading Thursday after the company announced its earnings and revenue for the fourth quarter of FY14 came in line with expectations
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AstraZeneca has announced plans to acquire the respiratory drug business of Actavis to boost growth.The company also reported disappointing results for the fourth quarter of 2014
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