For 15 years, Best Buy’s Geek Squad installation and repair service has served as one key advantage over Amazon that the e-commerce giant seemed unlikely to match. But over the last few months, Amazon has quietly been hiring an army of in-house gadget experts to offer free Alexa consultations as well as product installations for […]
Read moreJefferies downgraded Intel from hold to underperform on Monday, saying the chipmaker has the “most to lose” in the “4th tectonic shift in computing.” Jefferies said it is downgrading Intel because “its Xeon/Xeon PHI platform is disadvantaged vs NVidia in emerging parallel workloads like deep neural networking.” Jefferies calls out several areas of concern for […]
Read moreNASA’s Juno spacecraft will fly directly over Jupiter’s Great Red Spot later today, offering the first ever ‘close up’ of the 10,000 mile-wide storm. The gaseous red spot has been monitored by humans since 1830 according to NASA and is thought to have raged for as much as 350 years. “This monumental storm has raged […]
Read moreConsumer electronics company Jawbone had more than enough money to take on Fitbit and other health-tracking devices in the “wearables” market. That may have ended up being its biggest problem. Top-tier venture capital firms Sequoia, Andreessen Horowitz, Khosla Ventures and Kleiner Perkins Caufield & Byers, and then a sovereign wealth fund, invested hundreds of millions […]
Read moreVirtually giving them away! The VR gaming specialist Oculus has announced it is to price its Rift headset at just $399, two-thirds of the price the company was charging less than five months ago. In a blog posting Monday, the company said the new lower price for its immersive headset will be available for a […]
Read moreA smart speaker alerted law enforcement to an assault last week after a man allegedly threatened to kill his girlfriend, ABC News reported. Eduardo Barros was house sitting with his girlfriend and her daughter in Tijeras, New Mexico on Sunday, July 2. An argument between the two broke out and became physical, according to Bernalillo […]
Read moreMarkets in Europe were higher midday Monday, extending gains seen across and Asia. The pan-European Stoxx 600 was firmly in the black, with the majority of sectors and all major bourses trading in positive territory. The region followed Asia in piggybacking off Wall Street’s strong performance late last week when U.S. June employment data emerged […]
Read moreChinese internet giant Tencent launched its WeChat Pay payments service in Europe on Monday, challenging rival Alipay, which is owned by rival Alibaba’s affiliate Ant Financial. WeChat is a giant social media service that has 938 million monthly active users. Tencent has partnered with German payments firm Wirecard to allow European retailers to accept WeChat […]
Read moreSilicon Valley startup Stripe has partnered with digital payment providers Alipay and WeChat Pay to enable merchants using its platform globally to accept payments from hundreds of millions of Chinese consumers. Starting Sunday, the partnerships allows online merchants using Stripe to integrate the ability for Chinese users to pay with Alipay and WeChat Pay on […]
Read moreSomeday soon, more U.S. households will be subscribers of Amazon Prime than cable or satellite TV, according to recent estimates of Amazon’s popular shipping and entertainment service. According to estimates from Morningstar, nearly 79 million U.S. households now have an Amazon Prime membership*, up from around 66 million at the end of last year. That […]
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