Here’s a round-up of the most important deals in venture capital from the past two weeks. PayPal announced plans to acquire iZettle for $2.2 billion last Friday. The Swedish company makes mobile credit card readers and other payment technology for small businesses. The merger should catapult PayPal into hundreds of thousands of brick-and-mortar storefronts globally […]
Read moreBest Buy is expanding its tech support options with an eye toward keeping its older customers healthy. On the retailer’s earnings call this week, company executives said that they see opportunities to make money in the health space. “We already assort a variety of health-related products and technology products designed for seniors like specially designed […]
Read moreMobile Virtual Player’s (MVP) $8,000 football robots cost a whole lot less than hiring a professional athlete, but MVP President and CEO Joe McLaughlin doesn’t see these robots replacing players anytime soon. “When you run kickoffs, running 11 players down over and over again, it wears guys out,” McLaughlin said on CNBC’s “Closing Bell.” The […]
Read moreAmerica’s Office of Management and Budget was aiming to to save $2.7 billion in technology costs by the end of the year — but amid a sizeable shortfall, agencies are looking at adopting more cloud contracts instead. Bean-counters have been trying to get the government to cut down for years on investing in new servers […]
Read moreElon Musk has registered the domain name “Pravduh.com” days after fiercely criticizing the media and saying he would build start a website to rate the “core truth” and “credibility” of articles and reporters. It is another move suggesting the CEO of electric car maker Tesla may be moving forward on such a project. Musk had […]
Read moreThere are several ways fund managers and investors can outperform the benchmark stock indexes, according to Bank of America Merrill Lynch. So far this year, 60 percent of active fund managers are beating their respective market indexes, tracking to the best performance since 2003. But it hasn’t always been this easy, particularly with the rush […]
Read moreSilicon Valley investors are worried that China’s tech sector will eat their lunch. The idea came up at a Bay Area debate earlier this week when Sequoia Capital venture partner Mike Vernal posited that China will soon overtake the US in areas like artificial intelligence and autonomous vehicles. “The Chinese government and the Chinese tech […]
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YouTube Music is best for people who want to listen to music and enjoy music videos. I like that it has all the basics, like the ability to download music offline, search by artists, create playlists and has a visually appealing user interface. I already pay for YouTube Red (soon to be YouTube Premium), because […]
Read morePresident Donald Trump‘s administration is telling Congress it has come to an agreement to boost Chinese telecommunications company ZTE, The New York Times reported, citing a person familiar with the matter. As part of the deal, ZTE would pay a financial penalty, revamp its management and hire American compliance officers, the newspaper reported. The U.S. […]
Read moreA U.S. recession probably won’t happen for another two years, and in the meantime stocks are a good bet, according to closely-followed Credit Suisse analyst Andrew Garthwaite. “We conclude that a US recession is unlikely until Q3 2020,” Garthwaite wrote in a note to clients Friday. “Remain overweight equities.” Typically, an inverted yield curve, when […]
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