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Vizio Fined $2.2 Million For Illegally Monitoring Viewer Habits: Here's Why
Tuesday, February 7, 2017 - 4:50pm | 311Read More...Television manufacturer Vizio, Inc. has come under fire after settling charges with the Federal Trade Commission and agreeing to pay a $2.2 million fine after it was disclosed that the company installed software on its TVs to collect viewing data on 11 million consumers without their knowledge or...
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Airgain Catches Blowback From LeEco Controversy; Wunderlich Downgrades
Wednesday, December 14, 2016 - 3:36pm | 397Read More...Airgain Inc (NASDAQ: AIRG) shares plunged more than 17 percent after Wunderlich downgraded the stock to Hold from Buy as prospects for continued demand from top customer LeEco became unclear with LeEco trading halted since last week. LeEco's Influence “[W]e require more clarity regarding...
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China's LeEco Says It Will Build A $1.8 Billion Factory To Produce Electric Cars
Thursday, August 11, 2016 - 8:12am | 265Read More...China-based LeEco has been dubbed the "Netflix of China" as it is a leading provider of streaming video content in the country. The company also manufacturers smartphones, TVs and is now preparing to make a major jump into the electric vehicle market. According to The Wall Street...
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Vizio Bought For $2 Billion By Chinese Tech Firm LeEco
Wednesday, July 27, 2016 - 7:01am | 202Read More...LeEco made headlines Tuesday after agreeing to buy Irvine -based TV brand Vizio Inc for $2 billion. The purchase is LeEco's first step in globalizing the business in an attempt to compete with the North American market. LeEco is a Chinese tech giant, known for making smartphones, and also...
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Will QUALCOMM's Snapdragon 821 Chip Power 2016 Nexus Phones?
Tuesday, July 12, 2016 - 10:29am | 361Read More...Google, owned by Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), will reportedly power its 2016 Nexus smartphones with the newly announced Snapdragon 821 processors from QUALCOMM, Inc. (NASDAQ: QCOM). A report from Android Police explained, "Based on information from multiple and reliable sources, we...
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Faraday Future Gains Former Ferrari Boss For Executive Position
Wednesday, June 8, 2016 - 2:22pm | 358Read More...Faraday Future, an electric-car company, has added former Ferrari executive, Marco Mattiacci, to a top leadership post, according to a Business Insider report. The report said the appointment of Mattiacci, "an award-winning auto executive who led Ferrari North America and Ferrari Asia Pacific...
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Twitter Aligns With A Chinese Firm To Expand Its Global Presence
Wednesday, May 11, 2016 - 9:46am | 370Read More...Twitter Inc (NYSE: TWTR) has joined hands with a Chinese technology firm, LeEco, to expand its global presence. The alliance enables the Chinese firm to influence live communications platform. According to the companies, the advertising alliance would offer access to campaign-based analytics, as...
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Eunice Yoon Breaks Down Apple's China Problem
Wednesday, April 27, 2016 - 8:35am | 215Read More...CNBC's senior correspondent for Asia Pacific, Eunice Yoon, discussed Apple Inc. (NASDAQ: AAPL)'s disappointing second-quarter results, specifically focusing on the company's operations in China. Yoon began the conversation by citing a recent CNBC interview with Jia Yueting, CEO and chairman of...
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'Netflix Of China' CEO: Apple Is 'Outdated' And iPhone SE Is 'A Product With A Very Low Level Of Technology'
Monday, April 25, 2016 - 8:34am | 315Read More...Is Apple Inc. (NASDAQ: AAPL) "outdated"? According to Jia Yueting, the answer is yes. Jia is the CEO and chairman of LeEco, a China-based conglomerate that is active in the smartphones, TV, electric vehicles market. However, the company has earned the reputation as being named as the "Netflix, Inc...
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China's Tesla Killer Might Be Called 'LeSEE'
Sunday, April 24, 2016 - 4:19pm | 389Read More...Tesla Motors Inc (NASDAQ: TSLA) might want to start worrying about a Chinese tech and entertainment company named LeEco – formerly Letv, often dubbed as China’s Netflix, Inc. (NASDAQ: NFLX). But, why should a vehicle maker be concerned about an entertainment producer and consumer...
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Tesla Competitor Faraday Future Still 'Shrouded' In Mystery
Monday, March 7, 2016 - 4:11pm | 321Read More...Faraday Future, the electric-car startup that has been pegged over the last year as a "potential Tesla killer," still remains much of a mystery to the public. As Business Insider's Bryan Logan explained, "For all the attention that the electric-car startup Faraday Future has...
