This article was originally published on Medium. Last year, I got invited to a super-deluxe private resort to deliver a keynote speech to what I assumed would be a hundred or so investment bankers. It was by far the largest fee I had ever been offered for a talk — about half my annual professor’s […]
Read moreTheoretically, there is no better time for Comcast, Disney and Fox to work out a deal than Sun Valley, Idaho, where media titans meet annually to talk about mega-mergers under the watch of boutique investment company Allen & Co. And yet, like the phrase “water water everywhere, Nor any drop to drink,” Comcast CEO Brian […]
Read moreNetflix remains the undisputed leader of streaming video today. But that could change if 21st Century Fox‘s assets, especially Hulu and Sky, are consolidated under Disney instead of Comcast, according to market research firm GBH Insights. “As bidding war and potentially a breakup up of some key assets to multiple bidders (regional sports networks, Sky) […]
Read moreThe likelihood of a potential competing offer by Comcast for Twenty-First Century Fox‘s movie studio and other assets has diminished, CNBC’s David Faber reported Wednesday. That’s because Comcast, the parent of CNBC, is expected to raise its bid for Sky, the U.K. media company partly owned by Fox, which has recently boosted its own bid […]
Read moreApple could roll out face recognition for iPad, bigger smart watches and a long-awaited update for the Mac mini later this year, top Apple analyst Ming-Chi Kuo predicts according to the tech news site 9to5 Mac. Apple’s upcoming offerings could also include new versions of the iPhone and other Mac models like the iMac and […]
Read moreSean O’Hara, president of Pacer ETFs Distributors, says chipmaking companies are the future of the technology sector over giants like Facebook and Google. “We’re entering that Jetsons-like phase of the world where everything’s connected and the internet of things is potentially a far bigger opportunity for the chipmakers than the cellphone or devices have been,” […]
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Sonos, the maker of wireless and voice-recognition speakers, may seem to a casual observer to be in the prime position to ride the surging smart speaker trend. But the Sonos’ initial public offering document revealed a critical flaw in its business model, which subjects it to Amazon’s whims on what the internet giant decides to […]
Read moreAmazon boss Jeff Bezos is now $50 billion richer than any other person alive. Bezos is currently worth $143.3 billion, according to Forbes, which is just over $50 billion more than the next richest person alive, Microsoft co-founder Bill Gates, who is currently worth over $93 billion. In the context of other billionaires, that $50 […]
Read moreDespite payment company Square‘s recent moves with bitcoin, the growth of its mobile payment app has been immune to the cryptocurrency’s price nosedive, according to Nomura Instinet. Square Cash, which officially launched crypto trading in late January, has been able to “decouple” from bitcoin and is growing roughly three times faster than Paypal’s Venmo, with […]
Read moreNetflix will dominate the online video subscription market for the next decade due to the strength of its original content, according to Credit Suisse. The firm’s analyst assumed coverage on Netflix shares with an outperform rating, citing unparalleled size of its membership base. “The first U.S. premium pay service, HBO, has never seen its clear […]
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