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Tesla settles lawsuit with former head of its Autopilot system

SAN FRANCISCO (Reuters) – Tesla Inc and the former head of its Autopilot program have settled a lawsuit brought by the electric vehicle maker in January, the parties said on Wednesday, in a deal that prevents the former executive from recruiting Tesla employees for a year. Source
Posted On 20 Apr 2017

Facebook gives peek inside unit studying brain-to-text technology

SAN JOSE, Calif. (Reuters) – Facebook Inc on Wednesday pulled aside the curtain on a secretive unit headed by a former chief of the Pentagon’s research arm, disclosing that the social media company is studying ways for people to communicate by thought and touch. Source
Posted On 20 Apr 2017

Qualcomm results beat help allay worries over Apple dispute

(Reuters) – Qualcomm Inc , the largest maker of chips used in smartphones, reported quarterly revenue and profit that beat analysts’ estimates, helping ease concerns surrounding the company’s dispute with Apple Inc . Source
Posted On 20 Apr 2017

EBay’s second-quarter profit forecast falls short of estimates

(Reuters) – EBay Inc on Wednesday forecast second-quarter profit that fell short of analysts’ estimates, as it spends heavily on revamping and marketing its e-commerce platform amid stiff competition from much larger rival Amazon.com Inc . Source
Posted On 20 Apr 2017

Western Digital CFO: Would consider bid with INCJ, DBJ for Toshiba chip unit

TOKYO (Reuters) – Western Digital Corp, the U.S. partner of Toshiba Corp in a semiconductor venture, is in talks with state-backed fund Innovation Network Corp of Japan (INCJ) and the Development Bank of Japan and would consider a joint bid with them for the chip business,...
Posted On 20 Apr 2017

Bose headphones spy on listeners: lawsuit

(Reuters) – Bose Corp spies on its wireless headphone customers by using an app that tracks the music, podcasts and other audio they listen to, and violates their privacy rights by selling the information without permission, a lawsuit charged. Source
Posted On 20 Apr 2017

Health Care Sector Update for 04/19/2017: LBIO

Top Health care stocks Top Health care stocks JNJ 0 2 JNJ 0 2 PFE 0 4 PFE 0 4 ABT 2 0 ABT 2 0 MRK flatMRK flat AMGN flatAMGN flat Health care shares were mainly higher in pre market trade on Wednesday Health care shares were mainly higher in pre market trade on Wednesday Source
Posted On 20 Apr 2017

Q1 Earnings Checklist Before the Market: MS, BLK, USB

Wednesday April 19 2017 Investment banker Morgan Stanley MS posted a nice tidy beat on top and bottom lines this morning posting earnings of an even 1 00 per share on 9 745 billion The Zacks consensus estimates were for 90 cents per share and 9 1 billion respectively These Source
Posted On 20 Apr 2017

Stock Market News for April 19, 2017

Benchmarks finished in the red on Tuesday following the release of disappointing first quarter corporate earnings results from Goldman Sachs and Johnson amp Johnson 160 Both Johnson amp Johnson and Goldman Sachs Group s quarterly earnings fell short of analysts expectations Source
Posted On 20 Apr 2017

Health Care Sector Update for 04/19/2017: SNGX,ARGS,SSH

Top Health Care StocksTop Health Care Stocks JNJ 0 26 JNJ 0 26 PFE 0 44 PFE 0 44 MRK 0 02 MRK 0 02 ABT 0 44 ABT 0 44 AMGN 0 69 AMGN 0 69 Health care stocks were helping the Nasdaq Composite index outperform on Wednesday with shares of health care companies in the S amp P 500 Source
Posted On 20 Apr 2017