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Weekly Highlights: Apple's iTime Patent, Amazon's Fire Phone Suppliers And More
Sunday, July 27, 2014 - 9:06pm | 182Read More...This wasn't the most exciting week in tech news, but there were a few notable developments. First and foremost, Apple (NASDAQ: AAPL) was granted a patent that might have exposed the specs for its first smartwatch concept. A teardown revealed that Amazon's (NASDAQ: AMZN) Fire Phone may...
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3 Business Tips From Pandora Founder Tim Westergren
Wednesday, July 23, 2014 - 9:21am | 420Read More...Being the founder of an Internet music-streaming service behemoth can definitely be stressful, so it's important for people like Pandora (NYSE: P) founder Tim Westergren to find time to relax. Westergren told Benzinga that he likes to chill out with a book; he enjoys fiction, historical...
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3 Social Media Stocks That Short Sellers Like Right Now
Thursday, June 26, 2014 - 9:25am | 903Read More...Among the leading social media companies based in the United States, Groupon (NASDAQ: GRPN), LinkedIn (NYSE: LNKD) and Pandora Media (NYSE: P) saw significant upswings in short interest in early June. The number of shares short in Angie's List, Facebook, Twitter and United Online grew...
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Consumer Confidence And Housing Data Take A Back-Seat To Markets
Tuesday, June 24, 2014 - 4:36pm | 2263Read More...U.S. stocks declined as the recent round of violence in Iraq may have escalated following reports that Syrian warplanes conducted raids in western Iraq, killing at least 50 people. The CBOE Volatility Index, also referred to as the "fear index", rose more than ten percent, trading...
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Amazon Launches Prime Music Streaming Service
Thursday, June 12, 2014 - 10:06am | 707Read More...The speculation can stop. Amazon’s (NASDAQ: AMZN) Prime Music streaming service has launched. The service is available at no additional charge to Amazon Prime members who pay $99 a year for unlimited two-day shopping, streaming videos and digital books from an in-house lending library...
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Short Interest In Twitter Plunges, In eBay Still Rising
Wednesday, June 11, 2014 - 9:02am | 942Read More...Internet companies are often a magnet for short sellers. Recent short interest is recapped below, with a close up look at eBay (NASDAQ: EBAY), Google (NASDAQ: GOOGL) (A shares) and Twitter (NYSE: TWTR). Among the leading internet companies based in the United States, eBay, Google (A shares) and...
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Market Wrap For June 4: Markets Slightly Higher On Light Volume, Beige Book
Wednesday, June 4, 2014 - 4:38pm | 2314Read More...U.S. stocks were moderately higher as the S&P 500 continues to reach new highs. Investors found plenty of positives after the Federal Reserve released its summary of commentary on current economic conditions, also known as the “Beige Book.” “All twelve Federal Reserve...
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eBay, Groupon And Yelp See Rising Short Interest
Wednesday, May 28, 2014 - 3:45pm | 868Read More...Among U.S.-based internet companies, eBay (NASDAQ: EBAY), Groupon (NASDAQ: GRPN) and Yelp (NYSE: YELP) saw the largest upswings in short interest in early May. The number of shares short in Google(A shares), LinkedIn and Pandora Media grew more moderately between the April 30 and May 15...
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Big Growth Is Not Making Big Profit For Spotify
Friday, May 23, 2014 - 2:33pm | 835Read More...Earlier this week, Spotify reported that the music streaming site had reached 10 million paying subscribers. The Swedish company also shared, in addition to the 10 million paying subscribers, Spotify has more than 40 million active users across 56 markets. Although the company isn't publicly...
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Will Data Caps Prevent The Next Netflix From Happening?
Tuesday, May 20, 2014 - 3:56pm | 485Read More...Comcast (NASDAQ: CMCSA) got into a bit of trouble after its executive VP David Cohen told reporters he expects the company to move to a "usage-based billing model" in the next five years. Cohen (who is also Comcast's Chief Diversity Officer) tried to clarify his comments with a blog post on...
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Spotify Vs. Beats Music: Which Should Apple Acquire?
Friday, May 16, 2014 - 1:33pm | 743Read More...Apple (NASDAQ: AAPL) was expected to announce that it had acquired Beats Electronics for $3.2 billion this week, but that deal was reportedly put on hold. The unconfirmed merger is now expected to be announced during the week of May 19. That just happens to be the same week that Microsoft will...
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Market Wrap For May 14: Dow's Winning Streak Ends At Five Sessions
Wednesday, May 14, 2014 - 4:47pm | 2536Read More...U.S. stocks declined a day after the S&P 500 and Dow indices traded at record-high levels. Investors and traders were likely paying attention to the ten-year Treasury yield which hit 2.5258, the lowest level since late October. The bull market has paused, temporarily at least, until...
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Short Sellers Load Up On Pandora and Zynga (GRPN, P, ZNGA)
Sunday, May 11, 2014 - 4:34pm | 875Read More...Among the social media companies based in the United States, Groupon (NASDAQ: GRPN), Pandora Media (NYSE: P) and Zynga (NASDAQ: ZNGA) saw the largest swings in short interest in late April. The number of shares short in Yelp and United Online rose by double-digit percentages between the April 15...
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Is Beats Electronics Worth $3.2 Billion? Some Analysts Aren't Convinced
Friday, May 9, 2014 - 12:01pm | 773Read More...Various media sources reported on Thursday that Apple (NASDAQ: AAPL) would be interested in acquiring Beats Electronics, the popular headphone maker and music streaming distributor, for $3.2 billion. Beats Electronics was founded by rapper and hip-hop producer-turned-businessman Dr. Dre and...
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The Reasons Behind Apple's Reported Acquisition Of Beats
Friday, May 9, 2014 - 10:08am | 659Read More...Apple (NASDAQ: AAPL) will reportedly buy Beats for $3.2 billion as early as next week according to the Financial Times. The big question is why? The answer, Re/Code said, comes in two-parts - headphones and streaming. For $3.2 billion, more than Apple has paid for any acquisition, the company...















