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Amazon downgraded after strong earnings because this is ‘as good as it gets’ – CNBC

Friday, April 28, 2017

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Apple’s self-driving test Lexus SUV photographed on Silicon Valley roads – TechCrunch

Friday, April 28, 2017

Apple’s using a Lexus RX450h SUV for its autonomous vehicle testing program, as revealed by documents filed with the California DMV in accordance with licensing requirements for self-driving tests in the state. Now, Bloomberg has images of the vehicle in action, captured by a chance observer who saw the vehicle pull out of an Apple facility in Silicon Valley. The SUV looks pretty much like similar test cars used by…

Soon people won’t even think of Amazon as a retail company, says analyst – CNBC

Friday, April 28, 2017

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Qualcomm Drops 4%: Slashes FYQ3 View as Apple Goes Nuclear – Barron’s

Friday, April 28, 2017

Shares of wireless chip giant Qualcomm (QCOM) has opened down $2.03, or almost 4%, at $51.19, continuing its pre-market decline, after the company this morning slashed half a billion dollars from its outlook for this quarter, saying Apple (AAPL) continues to interfere with payments the company is owed, and will continue to do so during the legal dispute between the two. Apple stock is up 13 cents at $143.92. “Qualcomm has been informed by Apple…

Google Trips is a must-have app for travelers — here’s how it works – CNBC

Friday, April 28, 2017

If you travel a lot, you might be familiar with excellent apps like Tripit and WorldMate, but you should also be using Google Trips. Google recently updated its Trips app with iOS and Android.It automatically pulls in all of your travel information for upcoming trips,can help you find fun things to do at your destination and more. If you haven’t used Google Trips before, it’s about time you do. Let’s…

This is ‘as good as it gets’ for Amazon, says Pacific Crest as it downgrades rating – MarketWatch

Friday, April 28, 2017

Shares of Amazon.com Inc. were poised for a fresh record on Friday, after another set of blockbuster earnings, but one analyst firm has popped above the bullish parapet with a downgrade and a warning. Cutting shares to sector weight from overweight, Edward Yruma and the team at Pacific Crest said for Amazon …

Amazon revenue soars as cloud, retail businesses dominate – Reuters

Friday, April 28, 2017

Amazon.com Inc’s (AMZN.O) retail and cloud-computing sales rose in the first quarter, inching above Wall Street’s expectations and sending the company’s shares to an all-time high in extended trading. The world’s largest online retailer said on Thursday net sales rose 23 percent to $35.7 billion, just beating analysts’ average estimate of $35.3 billion, according to Thomson Reuters I/B/E/S. More fees from Amazon’s Prime shopping club and media streaming services, along…

iPhone 7S Leak Reveals Apple Has Problems – Forbes

Friday, April 28, 2017

Where there’s smoke, there’s fire. Now following two independent reports that “technically challenging” issues will cause to delay the 2017 flagship iPhone, comes a third from yet another credible source… Backing up news from Bloomberg and KGI’s famed Apple analyst Ming-Chi Kuo, is Nikkei – the world’s largest financial newspaper. In its report Nikkei explains: “The production of iPhone’s 10th anniversary range has hit a snag as suppliers struggle to…

Google brings ‘Hamilton’ experiences to students in the theater and virtual reality – TechCrunch

Friday, April 28, 2017

Yesterday, Google’s philanthropic arm, Google.org, gave 5,000 high school students across the country a chance to see the smash hit Hamilton: An American Musical. All of this was possible thanks to an $800,000 grant from the company, which worked in collaboration with The Gilder Lehrman Institute to cap off the students’ six-week unit on the founding of America with a matinée of the oft-praised hip hop historical. I had a chance to…

Google starts to prove it’s not just a one-trick pony – CNNMoney

Friday, April 28, 2017

Google has long been known as an advertising powerhouse, but it’s starting to develop some new moneymakers. Alphabet (GOOGL, Tech30), Google’s parent company, saw its “other revenues” hit nearly $3.1 billion in the first quarter, a gain of about 50% from the same quarter a year earlier. The segment includes sales from newer Google product categories like cloud services, the Google Play store and its growing list of hardware products…

Amazon Extends Growth Streak, Unfazed by Lavish Spending – Bloomberg

Friday, April 28, 2017

Amazon.com Inc.’s unbroken 20-year streak of double-digit revenue growth shows no sign of slowing this year, helped by an influx of online shoppers who are abandoning stores and new business for its cloud-computing division. The company topped profit and revenue estimates in the first quarter and projected sales that may beat projections in the current period, reinforcing its message to investors that big spending on warehouses, movies and devices are…

Amazon surges on big earnings and sales beat – CNBC

Thursday, April 27, 2017

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Why Amazon wants to replace your mirror with a camera – Engadget

Thursday, April 27, 2017

Echo Look resembles pretty much every other smart home security camera you’d care to find, but it’s not about protecting your property. The unit is designed for fashionable types who like to document their daily outfits and make sure that they’re always looking good. Look comes with a depth-sensing camera, bolstered with four LEDs that’ll turn even the dingiest bedroom into a half-decent photo studio. If you take a selfie…

Why Amazon is spending so much to rival Netflix – USA TODAY

Thursday, April 27, 2017

CLOSE x Embed x Share Here are several key business tips Jeff Bezos outlined in his latest annual shareholder letter released on Wednesday. Video provided by TheStreet Newslook EO of Amazon.com, Inc. Jeff Bezos attends the Amazon Emmy Award afterparty at Sunset Tower, in West Hollywood, California, on September 18, 2016.(Photo: TOMMASO BODDI/AFP/Getty Images) SAN FRANCISCO – Movies and TV, distribution centers and India. Those are three of the…

Apple is in talks to launch its own Venmo – Recode

Thursday, April 27, 2017

Apple’s on-again, off-again flirtation with building its own money-transfer service appears to be back on. The company has recently held discussions with payments industry partners about introducing its own Venmo competitor, according to multiple sources familiar with the talks. The service would allow iPhone owners to send money digitally to other iPhone owners, these people said. One source familiar with the plans told Recode they expect the company to announce…

Amazon creates 1200 jobs at warehouse equipped with advanced robotics – The Guardian

Thursday, April 27, 2017

Amazon is to create 1,200 new permanent jobs as it opens a new warehouse in Warrington where staff will work alongside the online retail giant’s robots. The US group said the new fulfilment centre, part of a significant expansion across the UK, will take its workforce in Britain to 24,000 by the end of this year. Amazon will be hiring for a range of new roles including operations managers, engineers,…

Where does Amazon’s money go? – USA TODAY

Thursday, April 27, 2017

EO of Amazon.com, Inc. Jeff Bezos attends the Amazon Emmy Award afterparty at Sunset Tower, in West Hollywood, California, on September 18, 2016.(Photo: TOMMASO BODDI/AFP/Getty Images) SAN FRANCISCO – Movies and TV, distribution centers and India. Those are three of the biggest money sinks Amazon’s got going now – all aimed at growing the company and, secondarily, the bottom line. The feverish pace at which the Seattle online behemoth is building…

Google engineer shows the spectacular extremes of nighttime mobile photography – The Verge

Thursday, April 27, 2017

The Google Pixel and its predecessor, the Nexus 6P, are two of the best mobile cameras we have today, owing to Google’s algorithmic wizardry behind the scenes. I’ve been endlessly impressed with the low-light performance of the Pixel since its release, but it turns out there’s still a vast amount of untapped potential just waiting to be unlocked. Florian Kainz, a software engineer at Google Daydream who previously worked at…

Amazon’s Newest Product Wants to Judge Your Outfit – Motley Fool

Thursday, April 27, 2017

I had to check the date there for a moment to make sure it wasn’t April Fool’s. Amazon.com (NASDAQ:AMZN) has made a rather interesting product announcement today, introducing the new $200 Echo Look. Images of the device had leaked last month, but many had assumed it was some type of Wi-Fi-connected home security camera. That was a natural assumption, given the recent rise of such devices combined with what was…