News > Capital Markets

Apple and Samsung Put Their 7-Year Patent Battle to Rest
Capital Markets
Apple and Samsung have reached a settlement in their seven-year patent battle, as the Verge reports. Although terms of the settlement were not disclosed, Judge Lucy Koh indicated in a court filing on Wednesday that the two companies informed her they had reached an agreement, according to the Verge. The legal battle began in 2011 when Steve Jobs said he
Facebook Backtracks on its Cryptocurrency Ad Ban
Capital Markets
Four months after Facebook banned ads for cryptocurrencies and initial coin offerings, the social media giant has had a change of heart and is reversing the ban - at least partially. When it announced its ban in January, the company said advertisements that “promote financial products and services that are frequently associated with misleading or deceptive promotional practices,” including ads
7 Things Occupying Elon Musk's Time Other Than Model 3s
Elon Musk is sleeping at the office and erecting tent facilities to nurture his Model 3 baby. He’s so protective of the project he’s begun to birth theories about sabotage and attack “boneheaded” skeptics. Musk’s so convinced of Tesla Inc (NASDAQ: TSLA)’s auto prospects that he’s increasingly upped his bet on its success. Yet the mass-produced electric car is just one of many projects Musk has
Report: Apple is Planning 'High-End' AirPods in 2019
Capital Markets
Apple is currently at work on designing new "high-end" AirPods that will feature noise-cancellation and be water resistant, Bloomberg reports. According to Bloomberg, the new AirPods are part of a larger audio-device strategy that the Cupertino, California-based company is working on that includes a new HomePod and "studio-quality over-ear headphones." The new products could be available as early as next
Experts: Viacom-Netflix Deal Could Spark New Media Trend Toward OTT Content Partnerships
Capital Markets
Viacom, Inc. (NASDAQ: VIAB)’s taking an unexpected risk to compete in an evolving sector. Beginning with Nickelodeon, the firm’s networks will soon produce content for Netflix, Inc. (NASDAQ: NFLX), according to The Information. “In the wake of all these mergers and acquisitions and their competitors getting bigger and bigger, they had to do something,” media consultant Brad Adgate told Benzinga.
Intel CEO Brian Krzanich is Ousted After 'Consensual' Relationship With Employee
Capital Markets
Brian Krzanich has resigned as chief executive of Intel Corporation following an investigation by internal and external counsel into a "past consensual relationship" he had with an employee, the company announced on Thursday. Intel has named Robert Swan, chief financial officer, as interim CEO, effective immediately. Krzanich has also resigned as a member of the board, the company said. Krzanich
Andrew Left Goes Long Fitbit, Sees 130% Upside
Fitbit Inc (NYSE: FIT) was already on the rise Monday when Citron Research came out with a bullish report touting Fitbit as one of the best medtech companies in the industry and forecasting 130-percent upside. “What was once a piñata for short-sellers (since IPO) has transformed itself to one of the most underappreciated med-tech stories in the market with a
A New Automation ETF For Traders Who Haven't Yet Been Replaced By Robots
Despite civilization’s rapid forward march toward mechanization, humanity has been routinely bad at predicting the scope, scale and impact of new technologies and the unforeseen consequences brought on by these sometimes massive shifts in how we as humans interact with the world. Case in point, a recent study from the PEW Research Center shows that, while two-thirds of Americans believe
Elon Musk Accuses Employee of 'Extensive and Damaging Sabotage' to Tesla's Operations
Capital Markets
Does someone have it out for Elon Musk? The Tesla founder and CEO sent an email to his employees on Monday saying that an employee had caused "extensive and damaging sabotage" to the company's operations, which "included making direct code changes to the Tesla Manufacturing Operating System under false usernames and exporting large amounts of highly sensitive Tesla data to
A Look Back at What's Happened to Each Sector Through the First Half of 2018 (Part 1)
Capital Markets
It may not be as large as the bond market or as ubiquitous as real estate, but the stock market is definitely the most talked about of the financial markets. And while this has pretty much always been the case, the rise of index investing and robo-advisors in the last decade or so has certainly opened up the stock market