Apple continued a blitz of investment announcements on Wednesday with a stock-based compensation award for some employees. The iPhone maker will grant $2,500 in restricted stock units over the coming months. Restricted stock units are valued in company stock, but vest over time. Apple’s stock hit an all-time intraday high of $179.39 a share on […]
Read moreThe idea that shoppers won’t buy their clothes online has been more than proven to be a myth. And with growth in the clothing category slower than the overall retail sector, those retailers need to fight for every sale on every platform. Industry experts recommend a strategy that provides customized products and personalized services both […]
Read moreAs the amount of money that Chinese app users spend continues to swell at a break-neck pace, Google is missing out on a growing chunk of potential revenue because its Google Play app store is barred from that market, new data from App Annie shows. Chinese consumers spent nearly $35 billion on apps in 2017, […]
Read moreMicrosoft shares just broke the $90 barrier for the first time. The company now has a market capitalization around $700 billion. Investors and the press have been quick to praise CEO Satya Nadella. And he deserves it. Nadella has abandoned Microsoft’s ill-timed smartphone foray, stepped on the gas in cloud, and helped refresh the company […]
Read moreReviews of the Tesla Model 3 praise the car as a futuristic, mold-breaking car that may be the best electric vehicle at its price point. But that doesn’t mean it’s perfect. Overall, Tesla’s first attempt at a less expensive car than their higher-end S and X models has received strong acclaim for its smooth, quiet […]
Read moreApple is increasing the amount it plans to spend on data centers by $10 billion over the next five years, the company said in its announcement on Wednesday about contributing $350 billion to the U.S. economy. The buildout will help Apple support its growing web services, like the App Store and Apple Music. Services is […]
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The digital currency plunge has wiped billions from the paper fortune of a cryptocurrency billionaire in just a few weeks. Ripple’s XRP coin has fallen 74 percent from an all-time high of $3.84 hit on Jan. 4, erasing $44 billion from the holdings of Chris Larsen, co-founder and executive chairman of Ripple. With XRP trading […]
Read moreThe 19-year-old polling company SurveyMonkey is preparing to go public later this year, according to people familiar with the company’s plans, accelerating its conversations with bankers ahead of what would be one of 2018’s most closely-watched IPOs. Last valued at $2 billion, SurveyMonkey is advised by Silicon Valley heavyweights like Sheryl Sandberg and Meg Whitman, […]
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Bitcoin, the world’s largest cryptocurrency, is not really money and Visa won’t touch it, the credit card giant’s CEO told CNBC. “I don’t view it as payment system player,” Alfred Kelly said in an interview recorded on Tuesday at the National Retail Federation conference in New York City. Despite the emergence of bitcoin as digital […]
Read moreApple said that it’s opening a second campus in the U.S., as part of a plan to pour billions of dollars into the domestic economy. “The company plans to establish an Apple campus in a new location, which will initially house technical support for customers,” Apple said in a statement on Wednesday. “The location of […]
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