The stock of GoPro (GPRO) is hotter than its wearable action cameras. After its IPO at $24 a share the stock shot up to $31.34. With about 123.1 million shares outstanding, this gives the company a valuation of $3.86 billion. GoPro CEO Nicholas Woodman has successfully pulled off alchemy by
Microsoft is offering a trade-in program to trade MacBook Air for Surface Pro 3. Microsoft is also announcing deep price cuts to its cloud storage called OneDrive. For 100 GB Microsoft is reducing the price from $7.49 to $1.49 and for 200GB from $11.49 to $3.99. Microsoft is also increasing
When a stock is under owned and good news comes, there are plenty of buyers to move the stock up. On the other hand, when a stock is over owned, there aren’t many buyers left to push it higher and even the slightest bit of negative news can push the
It was not long ago that Samsung introduced the wearable watch that communicates with Samsung phones under the brand name Galaxy Gear. Galaxy Gear sales have been nothing to write home about, but poor sales have not stopped intense speculation that Apple (AAPL) will soon introduce its own wearable watch
Technology often leaps ahead of the laws needed to deal with the aftermath of widespread adoption of new technologies. Monday’s ruling by the Court of Justice of the European Union, based in Luxembourg, illustrates the point. The court ordered Google to modify links to information that is irrelevant or outdated
Game Stop is a retailer with about 6,600 stores, mostly selling physical video games. Shrink-wrapped video games are becoming obsolete; it is only a matter of time before consumers stop buying them. So why buy the stock? Looking at Game Stop GME the stock has run up 25%, as show
Google Glass has received a lot of attention as a futuristic wearable device, but it has not caught on with the masses. Now Google GOOG is trying to correct that by signing up eyewear giant Luxottica. Consumers are likely familiar with one of the Italian company’s many brands, such as Ray-Ban,
In the world of gadgets, there have been two major developments this week. Facebook spent $2 billion buying the virtual headset maker Oculus, claiming that virtual reality will be the next big thing after mobile. Google also announced a partnership with Luxottica of Italy to make the Google Glass
A big recent move in Microsoft stock has been driven by the speculation that Microsoft will release Office for iPad on March 27, 2014; this was reported by several news sources including Reuters. If the speculation is true, there is certainly something to celebrate in that the new CEO, Satya
A titanic shift in strategy related to iTunes and services may be ahead at Apple. Faced with declining market share, a stagnant stock price, double-digit drop in iTunes downloads, failure to contain Pandora’s growth with iTunes Radio, and saturation in the market for iPhones that generate about three quarters of