Two new entrants in the wearable device market are giving leader Fitbit (FIT) a run for its money: Apple (AAPL) and Xiaomi. Fitbit, a maker of fitness bands and activity trackers, was No. 1 in the wearables market in the second quarter, with 24.3% market share, research firm IDC said Thursday. It shipped 4.4 million units in Q2, up 159% year over year. Apple, which launched its Apple Watch smartwatch on April 24, grabbed the No. 2 spot among
GoDaddy (GDDY) is gaining share in its core business — selling and managing Internet domain names — despite rising competition, says Citigroup in a bullish research report. “The U.S. domains business continues to post solid growth and GoDaddy continues to increase its market share,” wrote Citigroup analyst Mark May. He rates GoDaddy stock a buy. Scottsdale, Ariz.-based GoDaddy has expanded into website hosting services, helping companies build
Federal Communications Commission Chairman Tom Wheeler brought the programming dispute between satellite TV broadcaster Dish Network (DISH) and Sinclair Broadcast Group (SBGI) to a quick end, but the industry’s top regulator won’t have the same official clout to intervene if Dish and Viacom (VIA) reach an impasse in upcoming negotiations. The FCC’s authority to step in applies only to “retransmission” negotiations involving broadcast signals and