Liza Landsman, president of the Jet.com e-commerce site that Walmart acquired for $3 billion in late 2016, is leaving the company just a little more than a year after she was elevated to her current role, multiple sources told Recode. Landsman first joined Jet.com in March of 2015 in the role of chief customer officer, […]
Read moreApple will give a forecast for this current quarter that may shock investors, according to a BTIG analyst Walter Piecyk. “Smartphone upgrade rates remain at record low levels and do not appear poised to rebound in the first calendar quarter,” stated the analyst in a Friday note entitled “How bad will Apple’s guidance be?” Piecyk […]
Read moreAmazon’s ad business will boost the internet giant’s shares, according to one top Wall Street firm. Morgan Stanley increased its “bull case” price target for Amazon shares to $2,100 from $2,000. The new price represents 52 percent upside to Thursday’s closing price. The firm also raised its “base case” forecast for the stock to $1,400 […]
Read moreIn 2018, NASA hopes to put a robot spacecraft on Mars in an attempt to understand how the Red Planet, Earth and other rocky planets are born. NASA has made about a dozen and a half successful voyages to Mars since the 1960s. However, the robot on this trip will be the first to have […]
Read moreU.S. computer maker Dell Technologies is exploring a range of options that could see the world’s largest privately held technology company grow further through acquisitions or go public, people familiar with the matter said on Thursday. Dell’s board of directors will meet later this month to consider the biggest shakeup in the company’s history since […]
Read morePC-maker Dell Technologies is considering strategic options including a public share offering or a deal with its majority owned New York-listed unit, VMware, according to media reports on Thursday. Dell’s board is meeting later this month and will discuss its options, Bloomberg reported, citing people familiar with the matter, adding that the company may also […]
Read moreIf it’s true that the bigger they are, the harder they fall, then cryptocurrencies have been gearing up for a tremendous decline. But, then again, maybe this is just the start for the great crypto bull market. As of Monday, the entire cryptocurrency market stands at approximately $563 billion, according to industry site CoinMarketCap, which […]
Read moreWalmart is again treading on Amazon‘s turf. The big-box retailer is partnering with Rakuten, a Tokyo-based e-commerce business, to sell e-books and audiobooks on Walmart.com, a category that’s never been offered on the website before. Toronto-based Rakuten Kobo, a subsidiary of Rakuten, will bring its catalog of more than 6 million e-book titles to the […]
Read moreFacebook admitted this month that it recommended content produced by Russian operatives to some users, the latest acknowledgment that it underestimated how extensively foreign actors manipulated its platform around the time of the 2016 presidential election. “This happened in some cases,” Facebook told the Senate Intelligence Committee, in a written follow-up to a November hearing […]
Read moreThe “eating Tide Pods” meme continues to be one of the more baffling parts of 2018 — which is impressive since we’re just four weeks into the year — but the ramifications of the meme continue to rise. Earlier this week, the American Association of Poison Control Centers (AAPCC) released another alert warning consumers not […]
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