Chinese gadget maker Xiaomi was in the U.S. at the end of last month, pitching its upcoming share sale to big money managers, who were potentially interested in participating. American investors have come to know Xiaomi, the world’s fourth-largest smartphone maker, as the “Apple of China.” Beyond that, they’ve still got a lot to learn. […]
Read moreBullish Wall Street watcher Bill Stone sees a strong earnings season ahead, with energy and technology stocks grabbing the biggest profits. In a recent interview, PNC’s former global chief investment strategist cited strong economic fundamentals as a major catalyst for blowout numbers. “From an earnings standpoint, energy probably will grow earnings about 130 percent, and […]
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Tactical Robotics’ Cormorant drone design allows it to navigate tight areas where a helicopter’s blades would get caught on the environment. The remote-controlled military drone can transport two injured people from a battle zone. The Israeli-based company believes the drone could one day also be used to inspect bridges, deliver medical supplies and spray crops. […]
Read moreFortnite is a force. The free video game is played by millions, and has reaped billions of dollars. Survival is the simple goal of the multi-platform game that launched on consoles less than a year ago, and on Apple’s iOS operating in April. In each game, 100 players compete to be the last one standing. […]
Read moreEarly last week, employees at Salesforce.com completed a task that’s becoming common in Silicon Valley. They protested. Thousands of tech workers from top companies, including Google, Amazon and Microsoft, have recently led large-scale internal rebellions against their employers. The wave of employee outrage is largely over the use of companies’ technology in controversial government contracts […]
Read moreEach day, 30-year-old construction worker Ryan Moret loads up the same equipment before heading to a new work site: A hard hat for head protection, a safety vest for visibility, and heavy-duty boots to walk around the debris. The field manager for McCarthy Building Companies also adds one more unusual accessory: A DJI Phantom 4. […]
Read moreWant to change health care? Start with employers. Seattle-based investor Dave Chase has studied health care market forces for more than a decade, and he has a background in enterprise sales. He’s not surprised that the Amazon, Berkshire Hathaway and J.P. Morgan health consortium is starting with its own 1.2 million employees first. Focusing on […]
Read moreAlexa may be better at selling you things, but Google is more likely to understand, says ad industry
When it comes to voice assistants, Amazon Alexa and Google Assistant lead the pack by far. With reports that Alexa may be losing dominance, the competition between the two is only going to get more intense. CNBC spoke to five ad agencies and who have worked on projects on both devices on behalf of marketers, […]
Read moreGroupon, the company that pioneered local online daily deals , is looking to be bought out, according to report in Recode. According to the publication, executives and representatives of the Chicago-based company have recently stepped up efforts to lure in possible buyers, but it is unclear whether that endeavor has been successful. Alibaba, which bought […]
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One of my colleagues recommended Aaptiv to me earlier this year. I was skeptical of paying for a fitness app, but she shared her code with me for a free 30-day trial. At the time, I was considering signing up for a half marathon. I saw Aaptiv had a program for it and decided to […]
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