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Gene Munster Talks Apple's Future On Benzinga's PreMarket Prep
Wednesday, April 27, 2016 - 2:04pm | 402Read More...Gene Munster of Piper Jaffray was a special guest on Benzinga's PreMarket Prep show on Wednesday to help dissect Apple Inc. (NASDAQ: AAPL)'s second-quarter results and outlook. Jumping right into it, Munster described Apple's guidance as "disappointing" due to what the analyst believes to be an...
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StreetSweeper Shorts Himax, Says Analysts Are Expecting 'Impossible' Growth This Year
Monday, April 11, 2016 - 12:46pm | 482Read More...Shares of Himax Technologies, Inc. (ADR) (NASDAQ: HIMX) lost more than 3 percent on Monday following a scathing report by The Street Sweeper. According to The Street Sweeper's Sonya Colberg, Himax's stock is "shooting over the moon" following a 45 percent gain over the past...
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Bad News For Facebook's Oculus Rift? New Survey Shows 'Most People Don't Want Virtual Reality Headsets'
Thursday, March 31, 2016 - 1:54pm | 131Read More...Investors who are bullish on the virtual reality segment may need to re-evaluate their thesis. Gamer Network, a video game media company, surveyed 14,000 internet users and asked what their intentions are to buy a virtual reality headset. eMarketer discussed the results and noted that nearly 60...
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Facebook's Oculus Rift Arrives
Tuesday, March 29, 2016 - 12:01pm | 476Read More...Virtual reality firm Oculus said it has started shipping its much-anticipated Rift headsets from Monday, about two years after Facebook Inc (NASDAQ: FB) bought the company for $2 billion. In a blog post, Oculus said units will be shipping to more than 20 countries and regions. "[T]he...
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Facebook And Sony VR Plays: Room For Two
Wednesday, March 16, 2016 - 3:21pm | 379Read More...One year later, after Sony Corp (ADR) (NYSE: SNE)'s initial unveiling of PlayStation VR, the company set forth a plan to release its virtual reality play at the 2015 Game Developers Conference. Sony's Andy House reported that PlayStation VR would be released in October 2016, available...
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Will VR Be Defined By Weird Commercials?
Friday, March 11, 2016 - 2:41pm | 381Read More...The type of realistic virtual reality technology that seemed like science fiction a few years ago is finally taking its first steps toward mainstream entertainment. Unfortunately, the fledgling VR industry may soon be defined by its advertisements. Analysts now believe that the flood of advertising...
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Report: Google's VR Headset Doesn't Rely On A Smartphone
Friday, February 12, 2016 - 8:28am | 203Read More...Hi-tech companies are scrambling to develop next generation virtual reality technologies but a new report suggests that Alphabet Inc (NASDAQ: GOOG)'s Google may have the lead - at least for now. According to The Wall Street Journal, Google is developing a virtual reality headset that doesn...
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Google Has Potential In VR Market
Wednesday, February 10, 2016 - 2:27pm | 415Read More...Facebook Inc (NASDAQ: FB) has been hailed as the tech firm with the most potential in the virtual reality space. The company's acquisition of VR firm Oculus gave it a leg up against competitors and helped the firm bring one of the most promising consumer virtual reality headsets to the market this...
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Macquarie's Schachter: Apple Inc. Will Let Others Have First-Mover VR Advantage Before Moving Into Industry
Tuesday, February 2, 2016 - 3:08pm | 340Read More...Apple Inc. (NASDAQ: AAPL)'s connection with the virtual reality space is a hotly debated topic. Piper Jaffray's Gene Munster, speaking to Benzinga, said last week he believed the company would get into "mixed reality," a phenomenon that combines VR with wearables. "The...
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FBR Likes Facebook Even More After Earnings
Thursday, January 28, 2016 - 10:55am | 311Read More...Although Facebook Inc (NASDAQ: FB) shares have declined 10.06 percent over the past one month, they are up 21.35 percent over the past one year. William Bird of FBR & Co. has maintained an Outperform rating on the company, while raising the price target from $125 to $130. The company...
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Did Apple Just Hire A Virtual Reality Expert?
Friday, January 22, 2016 - 11:11am | 182Read More...According to the Financial Times, Apple Inc. (NASDAQ: AAPL) just hired one of the leading minds in virtual reality. The Financial Times reported that Apple hired Doug Bowman, a former Professor of Computer Science and Director of the Center for Human-Computer Interaction at Virginia Tech....
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Google Prepares For A Virtual Reality Explosion
Tuesday, January 19, 2016 - 9:33am | 440Read More...Virtual reality technology has received a lot of buzz over the past few years, as big name firms like Facebook Inc (NASDAQ: FB) and Microsoft Corporation (NASDAQ: MSFT) invested heavily into the technology. While last year saw some major developments in the industry, many are expecting 2016 to be...
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Facebook's Oculus Rift Price Set At $599, To Ship In March
Wednesday, January 6, 2016 - 2:18pm | 182Read More...Shares of Facebook Inc (NASDAQ: FB) were trading higher on Wednesday after the company's CEO, Mark Zuckerberg confirmed Oculus Rift is now available for pre-order. In a Facebook update, Zuckerberg said that the Oculus Rift device is available for pre-order on shop.oculus.com for $599. He...
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21st Century Fox To Acquire A Minority Stake In Virtual Reality And Smartglasses Manufacturer
Wednesday, January 6, 2016 - 10:55am | 214Read More...Twenty-First Century Fox Inc (NASDAQ: FOXA) announced on Tuesday it has entered into a preliminary agreement to acquire a minority stake in ODG. ODG is a leading augmented and virtual reality and smartglasses designer and manufacturer. Upon completion of the investment, 21st Century Fox will...
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Oculus Pre-Orders Start This Week
Monday, January 4, 2016 - 2:26pm | 408Read More...Facebook Inc (NASDAQ: FB)-owned Oculus Rift pre-orders begin this Wednesday. It looks like virtual reality (VR) is well on its way to become a reality in 2016. Shares of Facebook were down -1.47 percent in last Thursday's trading session. "We're excited to announce that pre-orders for #Rift will...
