Google Fiber, once one of the internet company’s most audacious projects, just lost another executive as the business struggles to gain traction. Gabriel Stricker, who joined Fiber from Twitter in late 2015, was serving as vice president of communications and policy. CNBC has learned that he left to become vice president of communications at Niantic, […]
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THEY are not extinct, nor even on the endangered-species list. But company analysts, once among the most prestigious professionals in the stockmarket, are being culled. New European rules, with the catchy name of MiFID2, have just dealt analysts another blow. A study by Greenwich Associates estimates that the research budget may drop by 20% this […]
Read moreEastman Kodak is joining the cryptocraze. The 130-year-old company said Tuesday it has used blockchain, the technology underpinning popular digital currencies such as bitcoin, to create a new platform for digital photography with its own digital currency, called KodakCoin. The site, called KodakOne is “a new economy” for photographers to license their work and receive […]
Read moreFord said Tuesday it plans to roll out new a partnership with logistics company Postmates for autonomous delivery services, and plans other initiatives meant to reposition the automaker as a mobility company. Jim Hackett is expected to announce several of the initiatives during a keynote speech at the Consumer Electronics Show on Tuesday. Hackett laid […]
Read moreWhile Snap has gotten crushed in the public markets since its IPO last year, a new report suggests that users of the app may spend more time on it than they do on rival Instagram. The Daily Beast reviewed Snap’s “confidential” metrics from April to September 2017. Snap disclosed in its third-quarter earnings report that […]
Read moreMicrosoft on Tuesday provided new details on the performance impact of updates to protect against recently disclosed security vulnerabilities. In certain cases, performance on Windows will be significantly slowed by patches for the Meltdown and Spectre vulnerabilities. Some people have found that that their servers and PCs are performing differently after installing updates, so the […]
Read moreHeadphone maker Yevo will start making pricey earbuds with metal from illegal guns, for a good cause
Wireless headphone maker Yevo is introducing a hot new material into its flagship product — metal harvested from illegal firearms. The special edition Yevo 1 earbuds come at a steep markup — $499 compared with the regular $249 — and help fund efforts to reduce gun violence through a partnership with IM Swedish Development Partner, […]
Read moreFacebook is reportedly entering the hardware business with a home device for video calling, according to a report from finance outlet Cheddar. The Portal home device would act primarily as a video phone, in line with Facebook’s long-time mission of connecting friends and relatives, but would also allow access to streaming services like Spotify and […]
Read moreNetflix’s lead in the internet video streaming market is so large the company’s poorly reviewed movies can do well, according to one Wall Street firm. Bank of America Merrill Lynch reiterated its buy rating for Netflix shares, citing the success of its movie “Bright.” “Netflix ended the year with the release of major film Bright, […]
Read moreMGM Resorts represents the gambling sector’s most compelling option in the new year, according to J.P. Morgan. Though the company had a turbulent 2017, analyst Joseph Greff told clients that investors are underestimating MGM and that the company is likely to surpass expectations during earnings. “We believe MGM represents the gaming sector’s most attractive risk/reward […]
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