Apple Inc. (AAPL): Carl Icahn now has 45 million shares

Carl Icahn
Carl Icahn now has a total of 45 million Apple Inc. (NASDAQ:AAPL) shares, according to a 13F filing with the SEC. The filing includes the 7-for-1 stock split that Apple set up in June. This values his holdings in Apple at about $5 billion. Icahn also sold 480,000 shares of Netflix, which puts his holdings at 1.76 million shares worth $777 million. Icahn increased his stake in Gannett with another 2.7 million shares to a total of 15 million. He bought a stake in Gannett because he believes the company is undervalued and may benefit from splitting its print and broadcasting assets.

Tesla Motors Inc (TSLA) plans to hire a lot of hackers

Tesla Model S
Tesla Motors Inc (NASDAQ:TSLA) visited Def Con in Las Vegas to look for recruits. Tesla’s vehicle security head Kristin Paget attended Def Con to look for talent.

Continue reading →, Inc. (AMZN) has launched a Square rival called Local Register

Screen Shot 2014-08-13 at 6.47.02 PM, Inc. (NASDAQ:AMZN) has launched a Square Reader and PayPal Here rival called Local Register. Local Register costs $10, but buyers will receive a $10 credit so it is essentially free.

Continue reading →

GetTaxi raises $150 million

GetTaxi (also known as Gett) has raised $150 million in funding, according to Israeli news site Globes. Uber raised $1.2 billion in funding two months ago. Uber and Lyft are currently arguing against each other about whether Uber sabotaged Lyft’s drivers. Lyft is claiming that Uber employees scheduled car rides and cancelled them. GetTaxi is different from other ride-hailing apps because it is known for pre-sceening its drivers.

Lookout raises $150 million in funding

Screen Shot 2014-08-13 at 6.15.15 PM
Security software company Lookout has raised $150 million in Series F funding led by T. Rowe Price with participation from Morgan Stanley, Goldman Sachs, Bezos Expeditions, Wellington Management Company, Andreessen Horowitz, Accel Partners, Index Ventures, and Khosla Ventures. Lookout has raised over $280 million in total. Lookout was founded in San Francisco by John Hering, Kevin Mahaffey, and James Burgess in 2007. They launched the company to develop software for protecting mobile devices. There are over 50 million people around the world that uses Lookout’s security app to find lost devices and back up date.
[Source], Inc. (AMZN) invests in Drupal hosting company Acquia

Screen Shot 2014-08-13 at 6.06.39 PM, Inc. (NASDAQ:AMZN) has invested in Acquia, a company that hosts many websites based on the Drupal content management system. Amazon’s investment was disclosed in a blog post by Acquia co-founder and chief technology officer Dries Buytaert.

Continue reading →

Apple Inc. (AAPL) retail stores reportedly will offer carrier financing

apple leaked doc carrier options
Apple Inc. (NASDAQ:AAPL) is going to offer access to carrier financing plans at its retail stores, according to a leaked document sent to 9to5Mac. The financing plans will start on August 20th. U.S. based Apple stores will let customers buy iPhones through financing plans offered by AT&T, Verizon Wireless, and T-Mobile.

Continue reading →

Facebook Inc (FB) is studying shopping habits of its users

Facebook Logo
Facebook Inc (NASDAQ:FB) is going to give more information to advertisers about its users across multiple devices. This could lead to privacy concerns amongst its users. Facebook said it will inform advertisers what devices shoppers first viewed and the items that they have purchased. Facebook will also report which device they were using when they purchased the item.

Continue reading →