Issues with Google Cloud Platform hit several major websites and apps on Tuesday. Users reported issues with websites with Google domains, like Breitbart and Drudge Report, as well as apps hosted on the Google Cloud Platform, including Snapchat, Discord and Spotify. @snapchatsupport tweet: Many Snapchatters are having trouble using the app as well as our […]
Read moreUber has made big moves in the transportation space recently, adding bike-sharing and e-scooters to its platform. Uber’s Rachel Holt, who runs these “new modalities” talked to CNBC about Uber’s future strategy in the space. “We see ourselves as being a lot more than just rides. We really want to be a one stop, a […]
Read moreFacebook, Twitter and Alphabet-owned YouTube went before Congress again Tuesday to address claims of conservative bias, and at least one Democratic representative thought it was ridiculous. “So let me just ask some very basic questions so the American public understands what a dumb hearing this entire hearing is,” said Ted Lieu, a Democratic representative from […]
Read moreShares of Amazon rebounded Tuesday afternoon after a report said Prime Day sales on the e-tailer’s third-party marketplace were up nearly 90 percent during the first 12 hours of the event from a year ago. That’s according to Feedvisor, an algorithmic pricing and business intelligence platform for online retailers, which monitors purchases made on Amazon’s […]
Read moreApple and a growing network of hospitals and doctors’ offices will now let you import your health history right into your iPhone. We’ll show you how. First, some background. Apple is trying to fix a longstanding problem in health care. Most hospitals and clinics have an electronic health record provider, which includes a “portal” that […]
Read moreJohn Traynor, chief investment officer at People’s United Advisors, said investors should watch two major events in 2018: midterm elections and simmering global trade tensions. “We think the earnings growth is very strong, we think the economy is very strong, but you’re being buffeted by those two trends, and they will impact the second half […]
Read moreIs the market rally over now that Netflix’s momentum is slowing? You can hear the bears and short sellers licking their chops already: Netflix’s miss on new subscribers means further gains are doubtful not just for FAANG stocks, but even the S&P 500. The bears’ logic goes like this: Most of the gains in the […]
Read moreNetflix‘s weak subscribers numbers debunked the “sky’s the limit” theory surrounding the stock, and now investors are taking profits, CNBC’s Jim Cramer said Tuesday. Shares of Netflix were tanking about 8 percent in midmorning trading Tuesday after the streaming giant reported membership growth numbers that came in below analyst forecasts. But so far in 2018, […]
Read moreThough subscriber rates are slowing, Netflix may have another area of growth: Getting people to spend more time watching its content. “We’re still a small fraction of every society’s overall viewing,” Netflix CEO Reed Hastings said on a call with investors on Monday. “So I think there’s still room to go there.” Shares of Netflix […]
Read moreWhile no one can definitively say where the next financial bubble will occur, Nobel Prize-winning economist Richard Thaler says he’s avoiding making this particular investment: bitcoin. Thaler, known as the “father of behavioral economics,” is a vocal skeptic of bitcoin as a currency. In a new episode of the Freakonomics Radio podcast, Thaler tells host […]
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