Tag Archives: bad-request

Facebook Sets Roadmap For WhatsApp, Oculus, Instagram

Facebook (FB) aims to hit three-, five- and even 10-year objectives for acquired companies Instagram, WhatsApp and Oculus, as well as the free mobile-Web Internet.org project. So said Facebook CFO Dave Wehner at a JPMorgan financial conference in Boston. While investments will crimp earnings in the near term, the long-range payoff for the social networking firm could be huge, he says. “We’re still investing against the big objectives that we have,

Avago, Skyworks Tech Said Stolen By Chinese Spy Ring

Two Apple (AAPL) chipmakers — Avago Technologies and Skyworks Solutions (SWKS) — are among tech companies whose technology was allegedly stolen by Chinese citizens, according to accusations by the U.S. Justice Department cited Tuesday in several news reports. A federal grand jury has indicted six Chinese citizens, including three professors, for what federal prosecutors say was a conspiracy to steal wireless technology from the companies. Several

Netflix stock hits another record high, price targets raised

Netflix (NFLX) stock notched its third record high in as many days on Tuesday as at least two Wall Street analysts raised their price targets on the streaming video company. Pivotal Research raised its price target on Netflix stock to 850 from 650. Topeka Capital Markets raised its target to 723 from 604. Both rate the stock a buy. Netflix stock was up a fraction in afternoon trading on the stock market today, near 621. Earlier in the day, shares hit an all-time high of 628.50. Netflix has been rising on investor enthusiasm for the company’s international expansion. The Los Gatos, Calif.-based firm expects to be in 200 countries by the end of 2016, when it completes its global rollout. It’s in more than 50 today. On Friday, news reports said Netflix was negotiating with several Chinese online broadcast firms to enter China through a partnership. Netflix intends to start…