Apple (AAPL) CEO Tim Cook Talks Out Against Indiana LGBT Discrimination Law Mar 27, 2015 02:08PM

Apple (NASDAQ: AAPL) CEO Tim Cook weighed in on the just passed Indiana law that could allow businesses to turn away gay and lesbian customers based on religious freedom, saying he is "deeply disappointed." Cook called on the Arkansas governor to veto a similar bill. He said Apple is "open to everyone."

Apple is open for everyone. We are deeply disappointed in Indiana's new law and calling on Arkansas Gov. to veto the similar #HB1228.

— Tim Cook (@tim_cook) March 27,... (continue reading...)
Wearable Entertainment Device Market Seen at $9.4B by 2019 (FB) Mar 27, 2015 06:30AM

With Facebook (Nasdaq: FB) looking to develop virtual reality software and hardware with Oculus VR, some might wonder just how big the market for wearable entertainment devices will get over the next few years.

Digitimes, citing data from Techvanio may have the answer. According to the report, the global wearables entertainment market will expand at a CAGR of 37.1 percent from 2014 through 2019. Total market size is estimated at $9.4 billion in 2019.

One executive from... (continue reading...)

Tesla (TSLA) CEO Musk: Economic Downturn Won't Affect Plans for China Mar 27, 2015 06:22AM

Teska Motors (Nasdaq: TSLA) CEO Elon Musk took an optimistic view of the company's sales outlook for China early Friday morning.

According to China's Xinhua news source, Tesla will move to localize engineering and production in China, Musk said. The executive also noted that China's economic slowdown is unlikely to affect Tesla's commitment to the market.

Tesla is also moving to improving built-in maps and navigation on its Model S and a software upgrade is expected out... (continue reading...)

Fizzled Out: Pepsi (PEP), Coca-Cola (KO) Slump as U.S. Soda Volume Fell for 10th Straight Year in 2014 Mar 26, 2015 02:34PM

Coca-Cola (NYSE: KO) and Pepsi (NYSE: PEP) are seeing some fizz in soda turn flat.

According to Beverage Digest, sales of sodas in the U.S. fell for the tenth-straight year.

Total volume dropped 0.9 percent in 2014 from the prior year. Coca-Cola saw a 1.1 percent volume drop and Pepsi saw a 1.4 percent decline.

Notably, Dr Pepper Snapple (NYSE: DPS), which relies more on flat beverages, saw just about the same volume last year. Monster Beverage (Nasdaq: MNST) recorded a... (continue reading...)

Apple (AAPL) Sued by Consumer Over Identity Theft, Health Care Fraud, and More Mar 26, 2015 02:25PM

One Apple (Nasdaq: AAPL) customer is said to have taken up a suit against the company and its CEO, Tim Cook, over identity theft and health care fraud.

According to Patently Apple, one South Carolina resident, whom is representing himself, made the filing on March 24, 2015.

The plaintiff is also filing the complain over claims of white-collar crimes, racial slurs, discrimination of voting rights, and an antitrust claim dispute, among other items.

The plaintiff is looking... (continue reading...)

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