Shares of online-ticketing company Eventbrite rose 59% in their first day of trading as investors clamored for what looks to be a dwindling supply of brand-name tech IPOs in the final months of 2018. Eventbrite’s stock, which listed on the… Continue Reading
NEW YORK (Reuters) – Coinbase has hired finance executive Brian Brooks as chief legal officer, it said on Wednesday, as the cryptocurrency exchange grows its compliance and government affairs capabilities amid intensifying regulatory scrutiny of the nascent market. Brooks was… Continue Reading
Some explanations are better left to a simple card or even a text message. A new video on YouTube, created by United Airlines, tries to explain the new boarding process, which went into effect this week. Sadly, it makes it… Continue Reading
LONDON (Reuters) – Britain’s cryptocurrency market resembles the Wild West and should be regulated, lawmakers said on Wednesday, urging the government to bring to heel a sector plagued by volatile price swings, vulnerability to hacking and weak consumer protection. FILE… Continue Reading
Eventbrite, an online platform for live-event ticketing, raised the proposed price of its planned IPO to a range of $21 a share to $23 a share from its previous range of $19 a share to $21 a share. When IPO… Continue Reading
In the past seven days New York decided it didn’t want Cynthia Nixon as its governor, Amazon’s owner elected to get into the education business, and a series of gas-line explosions hit north of Boston. But on the plus side,… Continue Reading
Sure, we’re a little biased around here. But when storms bear down on this country’s coasts—scary ones, like Hurricane Florence (since downgraded to a tropical storm), threatening floods and high winds—our minds zero in on the transportation aspects. Some people… Continue Reading
We added PBF Logistics LP (PBFX) to the Hidden Dividend Stocks Plus portfolio back on 1/22/18. Since then, it has produced a healthy return of 10%, with a mild $.65 price gain and $1.47 in distributions. The distributions comprise ~69%… Continue Reading
Of the many challenges facing the nascent flying car industry, few turn more hairs gray than power. A heavier aircraft needs more power, which requires a bigger battery, which weighs more, thus making a heavier aircraft. You see the dilemma.… Continue Reading
(Reuters) – Walmart Inc said on Thursday it has teamed up with U.S. home delivery company Instacart to bring some Canadian customers same-day grocery deliveries, raising the stakes in the country’s hotly contested retail space. FILE PHOTO: A Walmart store… Continue Reading
Following successive quarters of decline, enterprise spending on datacentre infrastructure appears to be rallying, fuelled in part by rising component costs and demand for private cloud deployments. That’s according to Synergy Research Group’s second-quarter datacentre infrastructure market tracker, which shows… Continue Reading
CIOs are increasingly assured that a cloud-first strategy is the way to go. Analyst firm Gartner says global spending on public cloud services will grow 21.4 percent through 2018 to total $186.4 billion, up from $153.5 billion in 2017. So,… Continue Reading
SINGAPORE (Reuters) – India’s top digital payments firm, Paytm, is betting on its local expertise and a deep pool of backers to fuel business growth and fight off global rivals in a rapidly growing market, its chief executive said on… Continue Reading
One year ago, Craig Federighi opened his eyes, stared into the brand-new iPhone X, and showed the world how he could unlock it with his face. Or, at least, he tried. It took the Apple executive a few attempts and… Continue Reading
(Reuters) – U.S. President Trump tweeted on Saturday that Apple Inc (AAPL.O) should make products inside the United States if it wants to avoid tariffs on Chinese imports. FILE PHOTO: An attendee uses a new iPhone X during a presentation… Continue Reading
JAKARTA (Reuters) – Indonesian ride-hailing and online payment company Go-Jek has invested in digital media startup Kumparan as part of its expansion into online content, it said. A Go-Jek driver rides a motorcycle on a street in Jakarta, Indonesia, December… Continue Reading
Robinhood—the fintech startup that offers stock, option, and cryptocurrency trades with zero fees—is taking steps to go public, starting with the hiring of a chief financial officer. Robinhood co-founder Baiju Bhatt, speaking at the TechCrunch Disrupt conference Thursday, confirmed the… Continue Reading
It only took about a month after Apple became the first U.S. stock to have a $1 trillion valuation for Amazon to achieve the same feat. Amazon was founded in 1994, about 18 years after Apple, but the e-commerce giant… Continue Reading
(Reuters) – Amazon.com Inc (AMZN.O) on Tuesday briefly joined Apple Inc (AAPL.O) to become the second $1 trillion publicly listed U.S. company after its stock price more than doubled in a year as it grew rapidly in retail and cloud… Continue Reading
On Tuesday, Arizona’s governor appointed former Republican senator Jon Kyl to fill the US Senate seat vacated by the late John McCain. The appointment could spell even more government scrutiny for tech giants like Facebook and Google—even though Kyl has… Continue Reading
SAN FRANCISCO/MUMBAI (Reuters) – Google retains only a slight lead over Facebook in the competition for digital ad dollars in the crucial India market, sources familiar with the figures say, even though the search giant has been in the country… Continue Reading
It’s been a week that’s seen us inch ever closer to the collapse of NAFTA, seen the White House seemingly confused about how it collectively feels about the death of John McCain, and seen the official death toll of Hurricane… Continue Reading
In the first half of the 20th century, Alfred Sloan created the modern corporation at General Motors. In many ways, it was based on the military. Senior leadership at headquarters would make plans, while managers at individual units would be allocated… Continue Reading
In the recession that followed the dotcom crash in 2000, the United States lost 5 million manufacturing jobs and, while there has been an uptick in recent years, all indications are that they are never coming back. Manufacturing, perhaps more… Continue Reading
The first thing you notice about ecologist Arthur Kopelman is his giant white beard. The second is the gold whale charm dangling from his earlobe—a symbol of the creature that has consumed his thoughts for decades. “I don’t think I’ve… Continue Reading
SINGAPORE/HONG KONG (Reuters/IFR) – China’s Meituan Dianping, an online food delivery-to-ticketing services platform, has set an indicative price range of HK$60 to HK$72 ($7.64-$9.17) per share for its initial public offering (IPO) in Hong Kong, valuing itself at up to… Continue Reading
Apple’s (AAPL) ability to generate high earnings can take a hit due to the decline in its operating margin. On a year-on-year basis, Apple’s operating margin has fallen for 11 straight quarters. In the recent quarter, the operating margin came… Continue Reading
I have always had a hard time making sense of Amazon (AMZN) as an investment vehicle. I continue to believe that talking about the company and the stock in terms of next quarter’s earnings or this year’s revenues is futile.… Continue Reading
When Are You The One? returned to MTV this month for a seventh season, it did so with all the predictable tropes of the reality dating subgenre. There was Zak, the Toxic Relationship Addict. Kayla, the Guy-Crazy Romantic. Kwasi, the… Continue Reading
Change is hard. Changes to a beloved website’s interface can be downright loathsome. So maybe your stomach lurched when you logged into Gmail recently and saw the merry news that your email now “has a fresh new look.” “Oh god,”… Continue Reading