MediaScrape News

Apple Inc. Co-Founder Steve Wozniak tells Bloomberg that Facebook is a “Buy” at any Price

admin — Tue, 15 May 2012 18:12:06 +0000

Apple co-founder Steve Wozniak talked to Bloomberg about the Facebook IPO, affirming that it’s a “buy” at any price.

See video below:

JP Morgan Chase CEO on NBC News Show Meet the Press Worth Watching

admin — Mon, 14 May 2012 22:45:04 +0000

JP Morgan Chase CEO Jamie Dimon’s interview on NBC’s Meet the Press is worth watching:

Visit msnbc.com for breaking news, world news, and news about the economy

JP Morgan Chase $2 Billion Trading Loss Could Affect Entire Banking Industry

admin — Mon, 14 May 2012 22:34:26 +0000

Although $2 billion isn’t a huge loss for a company the size of JPMorgan Chase, the fallout could be very significant.

Business Insider provides an interesting video on the veritable debacle:

Arianna Huffington Says AOL is a Great Partner and that Huffington Post Stronger than Ever

admin — Thu, 10 May 2012 16:23:32 +0000

Almost immediately after The Huffington Post (HuffPo) was acquired by AOL, it appeared like every key figure to the news site’s success decided to jump ship and call it quits.

However Arianna Huffington remained, and in an exclusive interview with Business Insider, the HuffPo founder affirms that Tim Armstrong and AOL provided capital and stayed out of her way.

Google Invests $100 Million in Original Content Channels for YouTube Web Site

admin — Tue, 08 May 2012 01:46:30 +0000

Google‘s video sharing website, YouTube, is investing $100 million into one hundred new original content channels. Google is perhaps betting on the future of digital television.

Warren Buffett, Bill Gates Talk about Facebook Founder Mark Zuckerberg

admin — Tue, 08 May 2012 00:29:48 +0000

Bill Gates told CNBC that Facebook founder Mark Zuckerberg reminds him of himself in “certain ways.”

Concurrently, Warren Buffett affirms that there’s a “certain similarity” between Bill Gates and Mark Zuckerberg, saying, “They both have this intense focus.”

Facebook IPO on Track for mid-May 2012 Launch, Prospectus almost Complete for Regulators

admin — Wed, 02 May 2012 02:36:16 +0000

Facebook is on schedule for a mid-May I.P.O.

The social network giant is completing up its prospectus with regulators.

AllThingsD reported that Facebook was expecting to receive approval from regulators very soon.

Hong Kong Exchanges and Clearing to Bid for the London Metal Exchange, Other Bidders Too

admin — Tue, 01 May 2012 01:53:05 +0000

Hong Kong Exchanges and Clearing has confirmed that it is considering a bid for the London Metal Exchange (L.M.E.), as the battle gains momentum up for the world’s largest metal-trading platform.

In an open letter to regulators, the Hong Kong exchange affirmed that it was one of the potential bidders for the L.M.E.

The Asian firm, which is the world’s largest financial exchange based on market capitalization, joins both the NYSE Euronext and Intercontinental Exchange in the hunt for the L.M.E.

Microsoft, Barnes & Noble Form Strategic Partnership, Nook Valued at more than Parent Co.

admin — Tue, 01 May 2012 01:36:44 +0000

Microsoft’s deal for an 18% stake in Barnes & Noble’se-reader unit, shows that the Nook division is now worth $1.7 billion.

That is almost double what Barnes & Noble’s entire market capitalization is. In fact, the digital Nook division is worth more than what the parent company has been valued at any time since mid-2008.

Apple Inc. Delivers Earnings Blowout: Q2 EPS $12.30 vs. $10.04 Est., $39.2 Billion of Revenues

admin — Tue, 24 Apr 2012 23:56:59 +0000

Apple Inc. has reported its latest quarterly earning earnings numbers and they have beaten Wall street expectations.

Apple beat expectations on iPhone sales, but missed on iPad sales, and the guidance was lower than expected.

The key numbers are the following:

Revenue: $39.2 v. $36.81 billion expected by analysts

iPhone sales: 35.1 million v. 30.5 million expected by analysts

iPad sales: 11.8 million v. 13 million units expected by analysts

Mac sales: 4 million v. 4.4 million expected by analysts