So long millennials. Baby boomers are the next big growth opportunity for tech, particularly for internet companies tied to smartphone use, according to Evercore ISI Senior Media and Internet Analyst Anthony DiClemente. “As you think about saturation of the younger demographic, [boomers are] a demographic, along with international, that could really drive the growth,” DiClemente […]
Read moreAndrew Left is bullish on shares of Twitter at its current price level. Twitter is “a compelling product,” Left said in an interview on CNBC’s “Halftime Report” Friday. “When you compare the market cap to Facebook, it has a long way to go. … It’s a compelling platform for where its trading.” Twitter has a […]
Read moreIntel surged to its highest levels since September 2000 on Friday, up as much as 10 percent, boosted by better-than-expected earnings, improved guidance, and a 10 percent dividend increase. The company beat Wall Street estimates when it reported earnings Thursday. That is being viewed by some that the chip vulnerabilities Meltdown and Spectre, revealed earlier […]
Read moreHackers stole several hundred million dollar’s worth of one lesser-known cryptocurrency from a major Japanese exchange Friday. Coincheck said that around 523 million of the exchange’s NEM coins were sent to another account around 3 a.m. local time (1 p.m. Thursday, ET), according to a Google translate of a Japanese transcript of the Friday press […]
Read more“One or a few legitimate” cryptocurrencies are coming, but bitcoin is not one of them, according to Starbucks‘ executive chairman and former CEO, Howard Schultz. “I don’t believe that bitcoin is going to be a currency today or in the future,” Schultz said, during a post-earnings conference call Thursday after the closing bell on Wall […]
Read moreThe nation’s battle against this year’s nasty influenza epidemic rages on as government health agencies and drug companies work on research to develop a universal flu vaccine that can protect against multiple stains of the flu. The flu season in the U.S. is now in full swing. The CDC’s latest weekly “FluView Report,” for the […]
Read moreYouTube star Logan Paul is back after a three-week break from the streaming service, officially launching his redemption tour with a video on suicide prevention in which he pledges to donate $1 million to organizations on the front lines. “It’s time to start a new chapter in my life as I continue to educate both […]
Read moreStaples’ Chief Executive Officer Shira Goodman is departing the company, The Wall Street Journal reported Friday morning, based on conversations with sources familiar with the matter. Goodman began leading the office supply retailer in 2016, shortly after Staples failed to merge with Office Depot. She previously had served as president of Staples’ North American operations […]
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The cryptocurrency craze is finally flowing into the exchange-traded funds business. Investors poured about $240 million into two blockchain-focused ETFs since their launch last week, according to the latest available data from FactSet. Blockchain is the technology behind bitcoin and other cryptocurrencies. The surge of interest came even as bitcoin, the largest digital currency by […]
Read moreThe Grammy Awards on Sunday will feature top stars like Lady Gaga and Bruno Mars. But on “Music’s biggest night” viewers should be reminded of just how difficult it has become for less popular artists to make a living in the digital age. Streaming services that we all use like Spotify and Apple Music offer […]
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