Milford Hutsell

Milford Hutsell

 Snap will report its second earnings report this week, which will once again look to answer the question: is there room on the advertising spectrum for Snap? The answer during its last earnings report (its first as a public company) was a resounding to be determined. The company’s stock has been hammered in the past several months falling well below its IPO price, which is not great… Read More

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 Public markets are riding high, and many big tech acquirers are flush with cash. However, it’s a very dull year for big acquisitions of private technology companies. The unicorn M&A scene looks particularly sluggish and valuation-challenged: seven months into 2017 and we’ve seen just one big unicorn M&A deal. But it’s not just the unicorn space where big deals… Read More

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Saturday, 05 August 2017 10:18

How Apple could become a $1 trillion company

 Apple reported its earnings this week, and with a surprisingly positive report the shares spiked again as Apple signaled a potential huge iPhone release. With that jump, Apple’s market cap is now over $800 billion. This year alone, shares of Apple are up almost 35%. If Apple’s promise plays out — or exceeds — what Wall Street hopes for the September quarter, we may soon… Read More

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 Tesla has lowered the entry-level price of the Model X SUV, from $82,500 to $79,500. The $3,000 price drop is the result of improved margins for the electric vehicle, which the company achieved thanks to “efficiencies” achieved in the manufacturing process, Reuters reports. Tesla’s Model X and Model S sales performance were areas of key interest during the company’s… Read More

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 Bitcoin has reached a record high valuation of $3,000 per coin to complete a rollercoaster week that begin with the long-awaited split of the cryptocurrency. A number of exchanges, including popular destinations Coinbase and Kraken, valued a single bitcoin at over $3,000, an all-time high that is up $485 on the valuation one month ago. Earlier this year, Bitcoin surged to surpass $2,000 for… Read More

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 There has been a wave of startups turning to initial coin offerings, known as ICOs, to raise funding through digital currency and now at least one fund is doing this, too. Science Inc., the LA-based team co-founded by Peter Pham and Mike Jones, which has incubated startups like Dollar Shave Club, DogVacay and Wishbone, is launching a fund for blockchain startups and plans to raise the… Read More

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Toyota takes stake in Mazda, invests more in self-driving and AI
Coinbase reverses its stance on Bitcoin cash, Grubhub buys Eat24 for $287.5 million from Yelp and Toyota takes 5 percent stake in Mazda. All this on Crunch Report. Read More

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 Oculus may be aiming to become the content power house of virtual reality, but it’s still making efforts to play nice with other ecosystems. In a new update rolling out today for PCs, Oculus has added support for launching off-platform titles, meaning most critically, that gamers will be able to access all the available Rift-compatible apps and games in-headset without having to… Read More

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 If you own a Google Home, you’re already on the cutting-edge of future-dwelling space astronauts who can shout things at their house and have it respond. Want to be even more cutting-edge? Though it hasn’t been formally announced, it looks like Google is working on a Google Home preview program that’ll grant early access to upcoming Home features to those who opt in. Read More

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 As we all know, the bee population is declining at an alarming rate, and while the causes are many, the solutions are few. At the very least, beekeepers need to keep an extra-close eye on their hives — which can be difficult when there are a few thousand of them. A Canadian researcher is working on a monitoring system that listens to the buzz and passes on word if things are going south. Read More

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