Mon, Oct. 17, 1:01 PM
- Target on Alphabet (GOOG, GOOGL) previously set at $940 (current price Class A – $810.20, Class C – $783.60)
- Analyst Stephen Ju cites advertiser budget deployments for search increasing into Q3 and the holiday period, advertising product diversity, revenue growth acceleration realized in Q2 and anticipated multiple expansion in the call.
- Outperform rating and status as top pick in coverage universe maintained.
- Earlier: Credit Suisse raises Amazon target to $1,050
Fri, Oct. 14, 4:47 AM
- Tech giants including AMD, Dell/EMC, Google (GOOG, GOOGL), HPE, IBM, Mellanox (NASDAQ:MLNX), Micron (NASDAQ:MU), Nvidia (NASDAQ:NVDA) and Xilinx (NASDAQ:XLNX) have linked up to give Intel (NASDAQ:INTC) a good kick in the datacenters.
- The group has come up with an open specification, dubbed OpenCAPI, that can boost server performance by up to 10x.
- Effectively they are moving away from PCIe, the current industry standard, to something that is both more open and vastly more powerful.
Thu, Oct. 13, 6:07 PM
- Salesforce Lightning for Gmail and coordination between Sales Cloud (NYSE:CRM) and Google Sheets (GOOG, GOOGL).
- Salesforce Lightning for Gmail – Records stored on Salesforce can be accessed and new ones can be created from within Gmail, with contacts able to be imported from a user's Gmail address book into Salesforce. Not currently available, a pilot version of Lightning for Gmail will be available at the end of this year (free for Salesforce customers).
- Sales Cloud, Google Sheets – View, edit, delete and sync records between Sheets and Salesforce. Also to be available in beta by end of year.
- Peeking into the future of work with Salesforce
- Earlier this week: Facebook launches Workplace
Thu, Oct. 13, 9:12 AM
- Google (GOOG, GOOGL) was expected to formally address the charges today.
- A new deadline has now been set for November 7. Responses to two separate cases involving Android and online search advertising are due on October 31 and October 26, respectively.
- The European Commission, leading the investigation on all of the cases, has reportedly warned penalties in the shopping and Android cases may be significant.
Thu, Oct. 13, 5:14 AM
- Facebook (NASDAQ:FB) and Alphabet (GOOG, GOOGL) are joining with China's Pacific Light to lay an ultrafast internet cable between Los Angeles and Hong Kong, the latest sign of its U.S. backers' insatiable appetite for bandwidth.
- Meanwhile, Nokia's (NYSE:NOK) Alcatel Submarine Networks has set a new record for cable transmission capacity for communications traffic - doubling its previous levels - as the company responds to a pick-up in demand from Internet firms.
Wed, Oct. 12, 1:24 PM
- In a segment on CNBC, Sacconaghi indicates Samsung Electronics (OTC:SSNLF) anticipated selling 25M Galaxy Note 7s this year and despite these users now being on the open market, offers a "wild guesstimate" of 20% (5M incremental units) of them potentially defecting to Apple.
- Further considers broader Samsung brand damage and the possible impact it could have on the company's other smartphone lines (50M-60M total sold per year in $500 range), adding this could contribute to further incremental iPhone buyers should defection occur across these as well.
- Though suspecting a moving away from Samsung devices (highlights Google Pixel, which exists in Android ecosystem), he nonetheless points out it is still too early to discern concrete outcomes of the situation.
- Maintains Apple (AAPL +1.2%) at Outperform and a $125 target (current price $117.50).
- Yesterday: Drexel Hamilton projects 8M iPhone unit gain for Apple resulting from Galaxy Note 7 demise
Wed, Oct. 12, 12:34 PM
- Alongside TE SubCom (TEL -0.4%) and Pacific Light Data Communication Co.
- Set to launch in the summer of 2018, the Pacific Light Cable Network will measure nearly 8K miles and once constructed, will register the highest-capacity transpacific route to date.
- With Facebook (FB +0.2%) and Google (GOOG, GOOGL) driving ever-increasing quantities of global internet traffic, a greater stake in the infrastrucutre faciliatting its delivery could yield distinct advantages going forward.
- Earlier: Nokia demonstrates new record undersea cable capacity
Wed, Oct. 12, 9:11 AM
- Launching today, with three pricing plans – an individual plan with $7.99/month, $79/year for Prime member and $9.99 for non-Prime member options, an Echo-only plan for $3.99/month and a soon-to-come family plan priced at $14.99/month or $149/year.
- Amazon (NASDAQ:AMZN) founder and CEO Jeff Bezos: "Amazon Music Unlimited brings real value to the millions of people who are already Prime members, with a choice of subscribing for only $7.99 a month or even $79 per year. Plus, customers are going to love Amazon Music’s all-new app for iOS, Android and desktop. And if you want a sense of the future of voice-controlled music, go ahead and ask Alexa for a free Music Unlimited trial, and play around on your Echo. If you don’t know the name of a song but know a few lyrics, if you want to hear songs from a specific decade, or even if you’re looking for music to match your mood, just ask.”
- Amazon's existing Prime Music service counted around 2M songs and 1K curated playlists and personalized stations. Amazon Music Unlimited, however, enables access to tens of millions of songs along with thousands of curated playlists and personalized stations, bringing Amazon's music foray closer in line to Apple Music (NASDAQ:AAPL), Spotify (Private:MUSIC), Google Play Music (GOOG, GOOGL) and others.
- Amazon Music Unlimited
Tue, Oct. 11, 4:20 PM| Tue, Oct. 11, 4:20 PM | 3 Comments
Tue, Oct. 11, 2:40 PM
- With Samsung's smartphone difficulties shaping an ideal entry scenario for Google (GOOG, GOOGL) to capitalize on with its new Pixel lineup, enhancements to its Project Fi service plans could extend the reach of the wireless network to a wider range of prospective consumers.
- Group plans allow adding up to five people at $15 per month each, with Fi Basics ($20 per month) required as a plan base. Consumers can order the service in conjunction with Pixel, one of only a select few devices the Fi network is available on.
- Project Fi: A new way to say hello
- Project Fi plans
Tue, Oct. 11, 10:24 AM
- Alphabet's (GOOG, GOOGL) Verily Life Sciences and 3M (MMM -0.7%) are targeting clinical and financial performance management technology intended to analyze data and provide insightful information revolving around healthcare quality and costs.
- Alphabet: "We have the data analytics and software to understand trends and make predictions across large quantities of data, and we see a clear opportunity to apply this approach to health data for insights that can impact care. Together, with 3M's know-how and deep expertise in parsing and coding clinical data, we imagine a world where providers have precise information to guide focused improvement, and can consistently access objective, actionable feedback to make informed decisions.”
- 3M: "At 3M, we are constantly evaluating how health information technology can help improve the efficiency, quality and cost of delivering care. This collaboration reflects our commitment to continued innovation in health information systems that address real-world problems facing health care today, while protecting the privacy and security of health data.”
- IBM (IBM -0.9%) and Siemens (OTCPK:SIEGY), through a five year arrangement, are looking to aid hospitals, health systems, integrated delivery networks and other providers in bringing value-based care to patients with complex, chronic and expensive conditions.
- IBM: "We are at an unprecedented time in healthcare. Mature and developing markets are increasingly focused on how patient outcomes are optimized, quality is standardized among individuals and across populations, and costs are reduced. Siemens and IBM are ideal partners to work at the forefront of this evolution and enable personalized healthcare in the U.S. and globally."
- Siemens: "Combining our strengths, Siemens Healthineers and IBM can effectively help providers transition to a value-based healthcare environment. We will bring the power of Siemens Healthineers' extensive relationships with providers and our deep domain expertise in clinical workflows, services, and digital health technologies to bear to help bring population health management offerings to healthcare providers. The new alliance fits perfectly into the services business of Siemens Healthineers. Thus we will enter the rapidly growing PHM market which is expected to play a significant role in end-to-end value-based healthcare."
- Alphabet, 3M
- IBM, Siemens
- Last week: Alphabet's Verily Life Sciences adopts automated lab strategies in Zika-prevention effort
Fri, Oct. 7, 4:07 PM
- Google's (GOOG, GOOGL) reportedly spent $3.2M on ads since Tuesday's reveal of its new Pixel smartphone lineup, with hundreds of millions more anticipated going forward as it hopes to compete with Apple (NASDAQ:AAPL) and Samsung Electronics (OTC:SSNLF).
- Many consumers view Google as purely a software company, so the increased focus on hardware could very well benefit from an excessive marketing push.
- As highlighted prior (though obviously overshadowed by Samsung's Galaxy Note 7 recall), and with Google now looking to become a major player in the space, similarities in device features, function, design, performance, and capabilities together with the resources held by companies like Alphabet, Apple and Samsung could signal advertising becoming of greater impact than ever before in guiding smartphone market share.
- Introducing Pixel, Phone by Google
- Life by you, Phone by Google
Fri, Oct. 7, 10:31 AM
- Through machines and sensors engineered to develop sterile Aedes aegypti mosquitoes intended to control wild mosquito populations and lessen the proliferation of Zika and other diseases.
- Verily Life Sciences generates revenue thirdly behind Nest and Fiber as all three represent components of Alphabet's "Other Bets" business classification. In Q2, "Other Bets" totaled $185M of revenue, while Alphabet posted overall revenue of $21.5B for the quarter.
- While Verily's "Debug Project" does't presently have a path to generating revenue set, Alphabet's (GOOG, GOOGL) VP of Engineering on the project, Linus Upson, notes the company's unique ability "to go after really big and ambitious problems even though we don’t know how it will work out."
- MIT Technology Review report
Wed, Oct. 5, 7:18 PM
- Samsung (OTC:SSNLF +3.2%) is buying Viv Labs, the company formed by the creators of Apple's Siri digital assistant.
- Siri's creators left Apple two years after their company was acquired, and set about creating Viv -- said to be a more powerful, extensible iteration of Siri technology.
- The move may present Samsung's first real possible rival to Apple's Siri (NASDAQ:AAPL) and Google Now (GOOG, GOOGL), though Viv has yet to launch.
- Terms were undisclosed, though Viv will reportedly operate independently, providing its technology as a service to Samsung and its platforms.
Wed, Oct. 5, 7:08 PM
- With Twitter (TWTR +5.7%) sale news coming fast and furious now, Recode reports that Alphabet (GOOG, GOOGL -0.2%) isn't planning to make an offer and that Apple (NASDAQ:AAPL) is unlikely as well.
- Twitter shares have given up the day's gains after hours, -5.5%. Apple is up 0.3% in late trading.
- A source says Twitter should have "low expectations" of an offer from Apple. And with Google reportedly not moving forward, that may leave the driver's seat open for Salesforce.com (CRM -5.8%), whose stock appears to drop the more it talks about buying Twitter. But Disney (DIS -0.2%) is still in the mix (or at least doesn't have as many sources tamping down reports of its interest).
- A Reuters report earlier said that Twitter would look to end sale discussions by the time of its Q3 earnings report, Oct. 27.
- Previously: Salesforce CEO Marc Benioff comments on Twitter reports, obscurity persists (Oct. 05 2016)
- Previously: WSJ: Twitter to field bids this week, likely from CRM, GOOG, DIS (Oct. 04 2016)
Wed, Oct. 5, 5:17 PM
- Labeling Google's Pixel smartphone "another science project," Anil Doradla considers there to be "no competitive threat to Apple." (NASDAQ:AAPL)
- He cites Google's previous shortcomings in the smartphone hardware department, most recently the end to Project Ara, and doesn't see entry into the high-end market working out for the company either.
- Doradla: "We are somewhat perplexed by the launch of the device, and we believe that the Pixel will not be viewed in a positive light by the Android ecosystem players, including Samsung, the largest producer of Android-based smartphones. While some may argue that Google’s reentry into the hardware space is an attempt to reinvigorate innovation within the Android ecosystem, specifically around AR and VR, we do not believe the benefits outweigh the strategic costs."
- On the other end, analysts at SunTrust Robinson Humphrey, Baird, UBS, and Macquarie remain positive on Alphabet (GOOG, GOOGL) subsequent yesterday's Google event.