Netflix will report strong membership growth for its second quarter, according to Baird Equity Research. The firm raised it price target for Netflix shares to $390 from $300. Baird cited its consumer survey, which showed the video streaming company will likely meet the Wall Street subscriber consensus forecast for the June quarter. “Our quarterly U.S. […]
Read moreDell said on Monday it will buy out the holders of shares that track the performance of VMWare using a mix of cash and equity in Dell. The move marks the culmination of a strategic review that Dell has been conducting for several months as it has sought to consolidate its complicated ownership structure without […]
Read moreCryptocurrency projects have been popping up left, right and center in the past 18 months, but over 800 of those are now dead, adding to comparisons between the current digital coin market and the dotcom bubble in 2000. New digital tokens are created via a process known as an initial coin offering (ICO) where a […]
Read moreNadiem Makarim is not one to shy away from leadership. As the co-founder and CEO of Go-Jek — Indonesia’s answer to the ride-hailing phenomenon — the 33-year-old is responsible for a business spanning five countries and a growing fleet of more than a million drivers. However, the eight-year journey that got him there was not […]
Read moreOn Sunday, Tesla CEO Elon Musk said the company managed to meet a self-imposed deadline to produce 5,000 Model 3 cars in a week. The car maker had been under intense pressure to deliver on the sedan, something seen by analysts as integral to Tesla breaking into the mainstream. Tesla has repeatedly missed production targets […]
Read moreDell Technologies plans to announce an acquisition of its publicly traded tracking stock that mirrors the performance of VMware, in a cash-and-stock deal as early as Sunday, people familiar with the matter told CNBC. The deal, which was also reported by The Wall Street Journal, will eliminate the tracking stock but will leave VMware unaffected. […]
Read more
Google rolled out “Messages for Web” support to all Android users earlier this week. That means you can now send text messages from any web browser, whether you’re at work or at home. Apple iPhone owners have long had support for iMessage on Mac, and this is sort of Google’s answer for Android users. It […]
Read moreFacebook has admitted that it gave dozens of companies access to its users’ data after saying it had restricted access to such data back in 2015, the latest wrinkle in a firestorm over how the social network manages user information. In news first reported by The Wall Street Journal, Facebook handed a 747-page document to […]
Read moreTesla nearly produced 5,000 Model 3 electric sedans in the last week of its second quarter, with the final car rolling off the assembly line on Sunday morning, several hours after the midnight goal set by Chief Executive Elon Musk, two workers at the factory told Reuters. The 5,000th car finished final quality checks at […]
Read moreDissatisfied with fast-food menu options, and higher prices at health-minded restaurant chains, Everytable CEO Sam Polk embarked on a mission to make nutritious meals convenient and affordable for all. Founded in 2015, Everytable has established a Los Angeles beachhead with five restaurants in the area. It serves up meals made from whole ingredients that are […]
Read more