When Netflix (NFLX) – Get Free Report began its move from mailing DVDs to offering streaming video, it had something no competitor offered. You could watch an array of movies and television shows on demand. That was something that previously was only possible if you bought a film or television series on DVD (or VHS).…
Cruise ships mostly sail to hot weather locations. Yes, Alaska is a popular destination and some ships do sail to New England and Canada, but the vast majority of ships sailing from the United States sail the Caribbean and the Bahamas. That means that cruise lines have to find ways to keep their ships cool.…
Share to FacebookShare to TwitterShare to LinkedinAmazon.com founder and CEO Jeff Bezos presents the company’s first smartphone, the Fire Phone, on … [+] June 18, 2014 in Seattle, Washington. Getty Images Last week, Amazon founder Jeff Bezos transferred $174 million worth of Amazon shares to nonprofits, his largest donation via Amazon stock this year. According…
Share to FacebookShare to TwitterShare to LinkedinElon Musk Getty Images The Tesla chief’s new Twitter toy is proving to be even more distracting than investors feared. In late September 2021, as Tesla shares soared, Elon Musk overtook Jeff Bezos to become the richest person in the world–and the third (after Bezos and Bernard Arnault of…
Share to FacebookShare to TwitterShare to LinkedinTopline Though the labor market’s overall resilience continues to puzzle experts, the plight of rising interest rates, which are spurring a historic plunge in home sales, could soon lead to a rash of harsher job cuts across the housing sector—which, alongside the technology industry, has already seen firms lay…
After Appian (APPN) announced its earnings for the third quarter, shares of the cloud computing company sank by more than 20% — the third-quarter EPS of 43 cents is below the 23 cents predicted by an analyst consensus while Appian also narrowed its FY22 guidance to $461M-$466M from $466M-$470M. Loss per share is also now predicted…
Henrik Fisker remembers exactly where he was when he learned that Tesla (TSLA) CEO Elon Musk had finally acquired Twitter (TWTR) . Fisker, founder, chairman and CEO of Fisker (FSR) , recalled that day in social media history during a Nov. 2 interview following release of the electric vehicle maker’s third-quarter results. “I was sitting on…
Share to FacebookShare to TwitterShare to LinkedinTopline Shares of Facebook parent Meta overtook the dubious honor as the biggest loser on the S&P 500 this week as the Silicon Valley giant bleeds money to fund its CEO Mark Zuckerberg’s metaverse vision and underscores big tech’s 2022 downfall. It’s been a rough year for Zuckerberg and…
Mark Cuban is sad. And the reason for this sadness can be found in something that may come back into fashion with the hardening of the economic slowdown looming. It’s about philanthropy. The covid-19 pandemic has contributed to the widening of socio-economic inequalities. The gap between the haves and have-nots has grown enormously during the…
Ford (F) says it and repeats it. Its main rival is Tesla (TSLA) . The legacy carmaker, which is on a major offensive in the electric vehicle market, is determined to compete head-on with the sector leader in terms of profitability, market value, production and sales. The brand with the blue oval intends to battle…