SNES Classic Review: The Super Nintendo is back, and you’re in for nostalgia overload
When Nintendo (NTDOY) released its Nintendo Entertainment System (NES) Classic, a miniature version of the company’s iconic home game console, last November, the world lost its mind. Overnight, the $60 box, which featured 30 original NES titles, sold out. Retailers couldn’t keep the box in stock, and eBay (EBAY) and Amazon (AMZN) resellers jacked up their prices to $200 or more for the […]
Why the tech industry is worried about a bill targeting sex trafficking
It’s hard to think of a tougher policy sales pitch for the tech industry than its argument against a bill called the Stop Enabling Sex Traffickers Act (SESTA). Advocates for it have a simple request: Do something to stop the plague of online sex trafficking! Opponents are stuck with a more nuanced request on behalf of companies […]
How Trump’s FCC chair could limit your media choices
Federal Communications Commission chair Ajit Pai is adding yet another item to his to-do list. On top of cancelling broadband-privacy and net-neutrality rules, boosting rural broadband and battling robocalls, he wants to make media mergers easier. In a post on the FCC’s site, Pai described this latest ambition as “modernizing our media ownership rules to reflect the marketplace of the present, […]
SoftBank says considering investment in Uber but no final agreement reached
TOKYO (Reuters) – Japan’s SoftBank Group Corp (9984.T) said on Tuesday it was considering investing in Uber Technologies Inc [UBER.UL] but there was no final agreement at this stage. “If conditions on share price and a minimum of shares are not satisfactory for the SoftBank Group side, there is a possibility the SoftBank Group may […]
Gold prices dip as dollar holds up on higher U.S. bond yields
By Vijaykumar Vedala (Reuters) – Gold prices inched down on Tuesday, with the dollar holding steady on higher U.S. Treasury yields amid uncertainty over the outlook for tax reforms in the United States. Higher U.S. bond yields can pressure gold prices as they reduce the appeal of non-yielding bullion, while a stronger dollar makes the […]
Uber’s grand plan for flying cars faces a major obstacle
LISBON—Uber now has its eyes on the skies. In a talk Wednesday morning at the Web Summit conference here, chief product officer Jeff Holden outlined the ride-hailing firm’s plans to take commuters across major cities in electric-powered air taxis by 2020, starting in Los Angeles. But its plans to have four-passenger, vertical-takeoff-and-landing aircraft zip above […]
Amazon Worth a Trillion a Year From Now, Says Morgan Stanley
Amazon Worth a Trillion a Year From Now, Says Morgan Stanley Amazon (AMZN) will have as much profit from new lines of business — cloud computing, subscriptions, and advertising — in five years’ time as it does today in retail sales, according to Morgan Stanley’s Brian Nowak, who reiterates an Overweight rating the stock, and a $1,250 […]
Here’s Why This is the Right Time to Buy NVIDIA (NVDA) Stock
A successful investor understands the importance of adding well-performing stocks to the portfolio at the right time. NVIDIA Corporation NVDA is one such technology stock that has been on a healthy growth trajectory of late. Shares of this California-based graphic chip behemoth have rallied nearly 5% since its reported solid third-quarter fiscal 2018 results. Moreover, the stock […]
Bitcoin retains its crown as crypto king — but issues still hang over the cryptocurrency
Bitcoin crashed more than 25% from Wednesday’s all-time high of $7,721 to a low of $5,617 on Sunday, according to data from CoinDesk. Over the weekend, bitcoin appeared to give up market share to bitcoin cash, a clone coin created to improve bitcoin’s slower transaction speeds Briefly, bitcoin’s market cap as a percentage of the total cryptocurrency […]
Broadcom’s Tan Got His Way on Deals; Then He Targeted Qualcomm
Broadcom’s Tan Got His Way on Deals; Then He Targeted Qualcomm Hock Tan has put together nine deals worth more than $50 billion since 2013. Broadcom Ltd.’s chief executive officer has grown accustomed to getting his way, using compromise, more money, sheer force of will—or a combination of all three. Bringing Qualcomm Inc., his latest target, to […]