Oath, the new digital advertising and media company that combines AOL and Yahoo, has a monstrous challenge ahead. Google and Facebook control almost two-thirds of the online ad market, according to eMarketer. Verizon — the parent of Oath — is stuck below 5 percent and in a tie for third with Microsoft. Beyond trying to […]
Read moreFacebook founder and CEO Mark Zuckerberg was initially dismissive of the idea that fake news disseminated by “advertisers” via Facebook had any outcome on the U.S. presidential election. But now, he and the social media giant are clearly changing their tune. Zuckerberg apologized recently for dismissing concerns that Facebook impacted the campaign as crazy: “After […]
Read moreBank of America Merrill Lynch’s research team shared its top e-commerce stock ideas in a note to clients Tuesday. “We view global eCommerce as a strong secular growth theme that still has five to ten years to play out,” analyst Justin Post wrote in the report. The analyst gave his five key reasons why e-commerce […]
Read moreThe morning after 64-year-old Stephen Paddock opened fire on 22,000 concertgoers at the Route 91 Harvest country music festival in Las Vegas, Mandalay Bay Resorts promptly opened a crisis center, asking certified trauma counselors to volunteer and go to “Circus Circus – Ballroom D,” according to a tweet. The makeshift crisis center was open to […]
Read moreGoogle-parent Alphabet is on the verge of launching a service with its self-driving cars that could rival Uber and Lyft, The Information reported on Tuesday. But Waymo, Alphabet’s self-driving car company, must fix a glitch first, according to The Information: The vans have trouble making left turns. The Chrysler vans, which would pick up and […]
Read moreApple just released iOS 11.0.2, which fixes some issues with the iPhone 8 and iPhone 8 Plus, as well as general bugs found in the first two versions of iOS 11. The big change includes a fix “for an issue where crackling sounds may occur during calls for a small number of iPhone 8 and […]
Read moreFor 1st time, NASA uses Black Marble tech in disaster response—the images of Puerto Rico are amazing
NASA scientists are working overtime to develop data products that help first responders in Puerto Rico after Hurricane Maria left the U.S. territory ravaged on Wednesday, Sept. 20. When the storm barreled over the island, it took out much of Puerto Rico’s electrical grid. Now, for the first time ever, NASA is using its Black […]
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The U.S. Department of Justice could have made at least ten times more than the $48 million it took in from the bitcoin holdings of dark web marketplace founder Ross William Ulbricht. The U.S. government seized 144,336 bitcoins gained from Silk Road’s illegal activities that were found on Ulbricht’s laptop, Joon H. Kim, the Acting […]
Read moreWall Street is betting big on the U.S. economy and it is showing in the S&P 500 today. Some of the best performers in the index were Lennar, Sherwin-Williams, Ford Motor, General Motors and Paychex, all stocks that benefit from strong economic growth. CNBC’s Carl Quintanilla flagged this phenomenon on Twitter: Tweet Sherwin-Williams rose after […]
Read moreWarren Buffett, chairman and CEO of Berkshire Hathaway and the world’s second richest man, had a lot to say to CNBC’s Squawk Box and Becky Quick on Tuesday. The “Oracle of Omaha” discussed his new purchase of truck stop company Flying J, but that was just the beginning. He also touched on: Why stock valuations […]
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