The gaming industry is buzzing over the viability of publishers’ in-game money-making practice or so-called micro-transactions. Activision Blizzard, Electronic Arts and Take-Two shares all fell 4.8 percent, 2.7 percent and 3.9 percent, respectively, Wednesday as investor concerns mount on the issue. Wedbush analyst Michael Pachter believes industry behavior will be change following the gaming community […]
Read moreIn December, SpaceX will again send cargo to the International Space Station — but this time, it will use a Falcon 9 rocket that has already flown to space and back. NASA officially confirmed the decision today during a meeting, noting that SpaceX’s upcoming resupply mission will fly on a Falcon 9 that already launched […]
Read moreBitcoin enthusiasts have a lot of growth to celebrate. Not only is the digital currency surging, but related businesses are booming. Coinbase is the leading U.S. platform for buying and selling bitcoin. For the company’s GDAX exchange, average daily trading volume has increased 10 times this year, and 30 times over the last two years, […]
Read more
While Snapchat does have valuable news from well-established media companies, including coverage of international conflicts, refugees, live coverage from natural disasters and more, it also features clickbait headlines under the Discover tab that are the very opposite of hard-hitting journalism. Some sample headlines that were front and center when I opened Snapchat this morning: “Do […]
Read moreAmazon’s market-leading cloud business is launching a bunch of artificial intelligence tools. On Wednesday at the Amazon Web Services re:Invent conference in Las Vegas, AWS CEO Andy Jassy announced one new AI service after another. The new tools do things like measure sentiment, track people in video feeds, and translate languages, among other things. Here […]
Read more
THE better artificial intelligence gets, the greater the popular concern that smart machines will soon usher in a labour-market catastrophe. In Chandler, Arizona, Americans can at this moment hail a ride from a car without a human at the wheel. Web users can read high-quality, instant translations of foreign-language newspapers—no professional translation service needed. And […]
Read moreAndrew Left is bearish on shares of Roku, the maker of TV streaming devices, at their current price level. The noted short-seller debated with Needham’s Laura Martin about the hot stock on CNBC’s “Halftime Report” Wednesday. Martin raised her price target to $50 from $28 for Roku shares on Monday, sparking a rally for the […]
Read more
IN 1929 the Lever Brothers, a British soapmaker, merged with Margarine Unie, a Dutch margarine manufacturer, to form Unilever. The company has an annual turnover of over €50bn ($59bn), and a portfolio of brands that is recognisable worldwide, from its Flora spread to its Persil detergent. It has retained dual nationality for nearly 90 years, […]
Read moreSnapchat’s new design is meant to be easier for people to understand and use. But some advertisers are concerned they will have to adapt to the new design, which will separate content posted by friends from publisher and community posts. “By separating consumer conversation from brand and publisher conversation, we are witnessing the death of […]
Read moreAmazon has a track record of coming out with hardware like tablets and smart speakers. And a couple of years ago Amazon’s cloud division joined in the fun with a box full of hard drives for moving data to the cloud. Now Amazon Web Services is going further with a special camera that can run […]
Read more