Citing both weak PC sales and a slow ramp for the company's Surface tablets, Barclays Capital analyst Raimo Lenschow today trimmed his EPS and revenue estimates for Microsoft, reducing his target price on the stock to $31, from $34.
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This week, 23andme, the personalized genomics company founded by Anne Wojcicki, wife of Google co-founder Sergey Brin, got an influx of investment cash ($50 million). According to their press release, they are using the money to bring the cost of their genetic test down to $99 (it was previously $299) which, they hope, will inspire the masses to get tested.
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Photo: SolarCity SolarCity shares were up nearly 50% Thursday as the Silicon Valley solar installer made its market debut and raised $92 million. The first-day pop follows a tumultuous week that saw SolarCity reduce the price range for the initial public offering from $13 to $15 a share to $8 a day [...]
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Image via CrunchBase Someone once said “Give people more than they expect and do it cheerfully.” In the business world no other company has lived up to this motto more consistently than Apple. So why am I getting worried now? Forbes writer Eric Savitz wrote an excellent piece on Tuesday highlighting the [...]
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An Alekstra analysis of 2'000 iPhone users in United States and Finland shows an interesting divergence in text-messaging volumes over the past 11 months. In America, annualized decline of SMS message volume among iPhone users was 0% - the texting behavior of consumers shows no change. In Finland, SMS consumption of iPhone owners declined at a -20% rate over the same time period. The statistical analysis is based on the users of the Ratemizer application that helps iPhone owners minimize their mobile[...]
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For the last two weeks some of the planet's most oppressive regimes have faced off against some of the most powerful Internet advocates in an effort to rewrite a multilateral communications treaty that, if successful, could have changed the nature of the Internet and altered the way it is governed.
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NASA's GRAIL mission on the Moon will come to an end on December 17th as its two probes crash into the Lunar surface.
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UBS analyst Steve Milunovich late Thursday issued a cautionary research note on Apple shares, maintaining his Buy rating but trimming his estimates and reducing his target to $700 from $780.
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There is a summary lack of confidence in NASA's ability to explore outer space these days. The press is full of recent accounts that are critical of NASA's ability to advance American goals for space exploration, create a Mars colony, not to mention expanding a program of planetary exploration and the colonization of the outer planets of our solar system. The decreased allocation of funds to NASA programs was reported in the press as early as Feb. 13, lowering available funds for planetary science[...]
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