Global banking giant Goldman is setting up up a trading desk focused on bitcoin and other cryptocurrencies, according to a report from Bloomberg. The bank…
digital marketing
Crunch Report | Sequoia Capital’s Next Fund Could Be $5 Billion
Daimler acquires a majority stake in an Uber competitor in France, Sequoia Capital’s next fund could be a $5 billion one and an iced tea…
10 Out-Of-Office Messages to Kick off Your Holiday Season
When it comes to the final days before vacation, people tend to fall into one of two camps: 1) those who watch the clock incessantly,…
Mattermark to shut down after selling to Full Contact
Mattermark, the site for startup and company data, is shutting down its own business after selling in a disappointing outcome to Full Contact. In a…
Laser-equipped shoes help Parkinson’s patients take the next step
Here’s an unexpected but pleasant little way tech might be able to improve a few lives: laser shoes. Yes, seriously. Shoes equipped with small laser…
Google Home Max review
The Max sounds good. But is it $399 good? On the whole, it’s a solid offering. It isn’t a flashy speaker from a design perspective,…
Apple’s Design Delirium
I watch with increasing trepidation at the direction Apple is taking its products. The most recent concern came yesterday from Bloomberg that Apple intends to…
Podia helps content creators build their online business
More than a year and a half ago, I wrote about Coach, a startup offering tools for tutors and other freelancers to make money and operate…
A new bipartisan Senate bill seeks to bolster US election security at the state level
A bipartisan group of lawmakers in the Senate has introduced a bill designed to protect the technical integrity of American elections as the nation moves…
There’s no magic bullet for reversing the FCC’s net neutrality decision
Huge numbers of people are upset at the FCC’s decision to undo its own highly popular net neutrality rules. But the grand plans to undo…
Eric Schmidt stepping down as Alphabet’s executive chairman to become a ‘technical advisor’
A little late in the day news dump for you, ahead of the upcoming holiday. Long time Google executive Eric Schmidt announced today that he’ll…
How to unmask AI
Millions of people engage with artificial intelligence (AI) in some form every day — most of them unwittingly. It’s at our fingertips through applications people…
Oscar Health expects to generate $1 billion in revenue and sign up 250,000 members in 2018
Despite repeal of the Affordable Care Act’s individual mandate this week, health insurance startup Oscar Health expects to pull in nearly $1 billion in revenue…
Instagram now lets you share live videos through direct messages
Instagram has been steadily beefing up its Direct Messaging feature in recent months, as it has begun to toy with the idea of spinning out…
To see more of his innovative and elegant pastries, follow… via #Instagram Blog
To see more of his innovative and elegant pastries, follow @cedricgrolet on Instagram. The very best part of Cédric Grolet’s (@cedricgrolet) job? Creation. “I’m in a perpetual process of creation,” says the 32-year-old award-winning French pastry chef, who lives in Paris. “I look for ideas every day so that I never get bored. Everything that surrounds me — what I can taste, what I can see, what I can smell — there’s no limit. And that enables me to be creative.” As for his dreams for 2018, Cédric is on a mission to open his own bakeries around the world.
Thank Kim Jong Un for your crypto gains
Due to heavy sanctions placed on the country for its nuclear weapons testing, North Korea has long run a series of “side businesses” like drug…
Startup incubator Nailab invests $25K in East African startups
When Nailab (Nairobi Incubation Lab) opened its doors seven years ago in Kenya, it wanted to be the Y Combinator for Kenya, Nailab CEO Sam Gichuru…
FabFitFun expands its empire with a new app for Apple TV and Amazon Fire
FabFitFun, the women’s lifestyle subscription service and media company that’s become a household name among influencers of a certain generation, is expanding its empire with…
Gift Guide: Last minute gifts and stocking stuffers that are actually good
We’ve only got a few more days until Christmas, and maybe you’re starting get a little nervous about all the folks who are still on…
Tesla vehicles to get a “major navigation overhaul” in 2018
Tesla is reworking its approach to in-car navigation, and will deploy a “major navigation overhaul” in “early 2018,” per Tesla CEO Elon Musk, who shared…
Long Island Iced Tea shares went gangbusters after changing its name to Long Blockchain
Want to increase company value on the open market? Just change your name to something blockchain. At least, that worked for the Long Island Iced Tea…
Facebook Game of the Year 2017 via Facebook Developers Blog
Facebook’s 2017 Games of the Year
Talent trickles out of Snapchat as TimeHop founder leaves
Less than a year after joining Snapchat, social media nostalgia app TimeHop’s founder Jonathan Wegener is departing the company. He tells TechCrunch he wants to…
Civilization VI lands on iPad
In case you wanted something engrossing to keep you distracted from family squabbles this holiday, a special gift just arrived: Civilization VI, which is now…
Gift Guide: 9 fantastic pairs of headphones
Want to buy someone a pair of headphones without accidentally buying them junk? We can help. Looking for something else? We can help with that,…
The Kronos Lift standing desk brings a little class to getting off your chair
I’ve been following the rise of standing desks for a few years now and still use one on a daily basis. The technology hasn’t changed…
Facebook and Universal Music Group’s new partnership will allow for user-gen videos with licensed music, new social features
Facebook today announced a first-of-its-kind licensing deal with Universal Music Group that will allow users across its properties – including Facebook, Instagram and Oculus –…
Smart speakers to outsell wearables during U.S. holidays, as demand for wearables slows
Smart speakers will likely outsell wearable devices this holiday season. That’s the latest prediction from analysts at eMarketer, which forecasts a slowing growth rate for…
LIKEtoKNOW.it’s influencer shopping app hits 1M users
Launched just 9 months ago on iOS and last month on Android, LIKEtoKNOW.it has just hit 1M registered users on their mobile app, bringing total users…
Optimization startup Taplytics expands beyond mobile apps with its new Experience Cloud
Taplytics is announcing what it calls its “Intelligent Experience Cloud,” bringing together products for A/B testing, messaging, analytics and more To certain extent, this is…
Can a dreaming AI fix low res digital photos in the edit?
Let’s Enhance is an Estonia-based startup that’s using a so called ‘hallucinating AI’ deep neural network to power a freemium photo upscaling service. Find out what…
Daimler acquires majority stake in French Uber competitor
Daimler has acquired a majority stake in Chauffeur Privé, a French app that provides ride hailing services in Paris, Lyon and the Côte d’Azur (via…
Parenting Hero helps parents figure out how to talk to their kids
Parenting Hero is an app created on the premise no matter how many parenting books you read, a lot of that knowledge vacates your brain…
Are Google's Featured Snippets Eating Your Blog Traffic?
The HubSpot Marketing Blog has been around since 2006. Think about that for a moment. It’s been 11 years — with is plenty of time…
Fly Ventures, a Berlin-based VC using machine learning to find its next deal, closes $41M fund
Fly Ventures, a relatively new VC operating out of Berlin, has closed its first fund at $41 million, capital it will use to invest at…
Sequoia is looking to raise a $5 billion investment fund
Sequoia Capital is looking to raise a $5 billion investment fund. The legendary Silicon Valley venture firm, known for its stellar investment returns, is in…
Twitter will tell users if content was blocked to comply with local laws or legal demands
Twitter will now display messages to inform users if blocked tweets were withheld to comply with local laws or court orders, which it calls Country…
Cryptocurrency exchange EtherDelta suspends service following alleged hack
Another day, another hack in the crypto world. This time EtherDelta, a popular exchange for buying cryptocurrencies, has suspended its service after it was apparently…
Crunch Report | Magic Leap Finally Unveils Its Headset
Magic Leap headset is finally unveiled to the public, Bitcoin Cash comes to Coinbase and Litecoin founder sells all of his Coins. All this on…
Facebook will ditch Disputed Flags on fake news and display links to trustworthy articles instead
Facebook announced two changes today that it hopes will make it easier to staunch the spread of fake news. The first change is to the…
China’s Didi Chuxing raises $4B more for AI, international expansion and electric vehicles
China’s Didi Chuxing, the country’s top ride-hailing company, said today that it has raised $4 billion in new capital to support a range of new…
Apple revises its controversial guidelines on template-based apps
Apple today announced it’s amending the App Store guideline that banned apps created using templates and other app generation services. When the company revised its…
Coinbase may have given away its own Bitcoin Cash surprise
On Tuesday, when Bitcoin Cash hit Coinbase, the popular user-friendly U.S.-based exchange, cryptocurrency’s reputation as the financial wild west was on full display. While anyone…
This humanoid robot works out (and sweats) like we do (or should)
There are plenty of humanoid-looking robots out there, but very few actually have bodies that are particularly analogous to our own when it comes to…
Choosing the best language to build your AI chatbot
Which language is the best for your chatbot? No, this is not about whether you want your virtual agent to understand English slang, the subjunctive…
Walmart is developing personal shopping services and cashier-free stores
Walmart’s Code Eight, led by Rent the Runway co-founder Jennifer Fleiss, has started testing personal shopping services for moms in New York City, Recode reports.…
Kuri the adorable home robot starts shipping to pre-order customers
Kuri, the home robot that wants to be more companion and less Roomba, has begun shipping out to customers. Kuri creator Mayfield Robotics, a Bosch-owned…
Twitter adds support for app-based two-factor authentication
Twitter is rolling out an update to its platform security that will allow users to employ third-part authentication apps to receive a two-factor login authentication…
The benefits of police body cams are a myth
In the three years since Michael Brown’s fatal shooting in Ferguson, police body-worn cameras have been sold to the public as a tool that would…
Amazon filed for ‘AmazonTube’ trademark after Google pulled YouTube from the Echo Show
Google’s decision to block YouTube content was a real kick in the pants to Amazon as it got ready to launch its Echo Show device.…
Becoming the Subject of Your Own Life with @delphinediallo To… via #Instagram Blog
Becoming the Subject of Your Own Life with @delphinediallo To learn more about her life and work, follow @delphinediallo on Instagram. Photographer and activist Delphine Diallo (@delphinediallo) has been unpacking her identity her entire life. Born in Paris to a French mother and Senegalese father, she now lives in Brooklyn, New York. “I have always been fascinated by improving my understanding of consciousness through the years,” says Delphine. “All my work is about study.” And her self-portraiture is central to that study. “Self-portrait is the door where your spirit reveals itself in different forms: the eyes, the attitude, the complexity of the person can be discovered through self-portraiture,” she says. In her work, she feels called to frame herself and her subjects as the protagonist…
Amazon Music to end support for streaming your uploaded MP3s
In the early days of streaming music services, some aimed to differentiate themselves by offering users the ability to upload their personal collection of MP3’s,…
The rise of the Crypto accelerators
As cryptocurrency fever grips the tech world, and blockchain technologies gradually become more viable, there is a new wave of accelerators and incubators appearing to…
Photosynth returns as a feature in Microsoft’s Pix camera app
Earlier this year, Microsoft shut down Photosynth, its service for stitching multiple images into panoramas and semi-3D models. When it launched in 2008, the service…
AR Studio Now in Open Beta, World Effects Rolling Out for Creators via Facebook Developers Blog
Since launching in closed beta at F8, we’ve seen a strong response from the 2000+ creators using AR Studio – building fun, animated frames, masks, and interactive AR experiences. We’ve been working hard to give them even more powerful tools, and open them up to more people. Starting today, we’re expanding availability of the platform and the AR Studio creative tool to all third parties.
Chip, the chatbot savings app, raises over £1M in crowdfunding with plans to apply for a banking license
Chip, the chatbot app that plugs into your bank account and lets you automatically save for a rainy day, has raised nearly £1.1 million on…
Apple addresses why people are saying their iPhones with older batteries are running ‘slower’
Because of a Reddit post and the loose interpretation of subsequent benchmark tests posted by Primate Labs’ John Poole, the “Apple throttles old iPhones” meme…
Netflix is turning Will Smith streaming original ‘Bright’ into a film franchise
Netflix will launch its first streaming-only franchise, with the news (via Bloomberg) that it’s greenly a sequel to Will Smith film Bright, which is set…
Snap and Twitter now have roughly the same market cap
While we won’t call this a huge watershed moment per se, something nominally interesting in the world of Weird Social Media Things happened this morning:…
Passport, the technology business for city transit systems, raises $43 million
Passport, company that’s managing much of the technical aspects of how people pay to use public transportation resources in cities like London, Miami, and Los…
Erato’s lightweight Verse wireless earbuds deliver solid sound at a good price
Erato, one of the first companies to make and sell fully wireless earbuds, has a new product available called the Verse that’s more affordable than…
MoviePass tops 1 million subscribers
Last month, the movie subscription service MoviePass, which lets customers go to unlimited movies in theaters for a monthly fee, lowered its pricing to under…
Uber appoints former Orbitz CEO Barney Harford as chief operating officer
The long search is over for Uber’s chief operating officer. Former Orbitz CEO Barney Harford has formally accepted the position today. 1/ Thrilled to be…
Firefox lands on Amazon’s Fire TV
If you own an Amazon Fire TV, you can now use Firefox to browse the web on your TV. As Mozilla and Amazon announced today, Firefox,…
TechCrunch to host Startup Battlefield in Dubai with Area 2071
TechCrunch Startup Battlefield is headed to Dubai on its continuing quest to find and feature the best early-stage startups around the world. Slated for April…
Dating app Hinge rolls out a new feature to reduce ‘ghosting’
Most dating apps match users then leave it up to them to initiate their chat. When Bumble launched, however, it broke new ground by having…
Revoice.me offers a simple way to let your blog and newsletter readers subscribe via Facebook Messenger
Revoice.me is a new service that makes it easy to give readers, listeners and viewers the option to subscribe to your content — newsletter, blog,…
Digital ad spend grew 23 percent in the first six months of 2017, according to IAB
Digital ad spending continued to grow during the first six months of 2017, according to the latest Internet Advertising Revenue Report. The report was prepared…
Google Ventures invests in Ripcord’s paper digitizing robotics service
The $40 million Ripcord Series B we reported back in August has just been bumped up to $65 million, courtesy of additional funding led by…
Magic Leap shows off its Magic Leap One ‘Creator’s Edition’ AR headset, shipping in 2018
At long last, the day has come. Magic Leap has shared a first look at what they’ve been building with the cash they’ve raised from…
WeWork’s Powered By We product is central to 2018 growth strategy
WeWork had a big year in 2017. The seven-year-old company opened 90 new locations, doubling its global membership, and expanded into new cities in Latin…
Apple will reportedly unify iOS and Mac apps in 2018
Apple is said to be working on a way to allow developers to build apps that work with touchscreen input on iPhone and iPad, and…
Google’s mobile-first search index has rolled out to a handful of sites
Just over a year ago, Google announced a major change to the way its search index will rank sites: it will go mobile-first. As the…
See you tonight at the Brooklyn micro meetup
I’ve been holding a few micro meet ups over the past few years and thought I’d start it up again in honor of token/ICO mania.…
Dyson’s Pure Hot+Cool Link is your household air’s best friend
Dyson may be busy building cars these days, but it’s also still making its bread and butter, including vacuums and other home appliances. The connected…
Carbon is raising a $200 million Series D to scale 3D printing for manufacturing
It’s hard to get a much better poster child for your 3D printing company than Futurecraft 4D. Adidas’s line of custom 3D sneakers are all…
Pokémon GO gets a new and improved augmented reality mode (but only on iOS)
Remember back in June, when Niantic took the stage at WWDC to show off a beta build of Pokémon GO? The one that used Apple’s…
Ooma acquires AI-powered video camera platform Butterfleye for its home security service
Ooma, the company that’s probably still best known for its VoIP platform, today announced that it has acquired Butterfleye, an AI-powered video camera and security…
Giving online retailers a physical returns location nets HappyReturns $8 million
As online retailers continue to seek out ways to bridge the digital divide between themselves and their customers, Happy Returns, which provides physical locations for online shoppers…
Tandem’s acquisition of Harrods Bank, the banking arm of UK department store, is approved by regulators
Back in August, ‘challenger’ bank Tandem said that it had signed an agreement to acquire Harrods Bank, the banking arm of the U.K.’s most famous…
SpaceX’s Falcon Heavy rocket sets up at Cape Canaveral ahead of launch
SpaceX won’t hit its 2017 target for a test flight of its new, huge Falcon Heavy rocket – but the massive launch craft is now…
Improving search and advertising are the next frontiers for voice-activated devices
Despite millions of orders for voice enabled devices, vendors have yet to map the uncharted territory of voice enabled search and advertising. Indeed, as voice…
How to Write a Killer Brand Slogan in 4 Steps [Video]
December 20, 2017 11:00 am Source: https://blog.hubspot.com/marketing/rss.xml?tabid=6307&moduleid=8441&maxcount=250 Link: https://blog.hubspot.com/marketing/write-brand-slogan-video
10 Examples of Effective Re-Engagement Emails
A whopping number of emails hit your subscribers’ inboxes each day. With so much competition for attention, it’s inevitable that a percentage of your subscriber…
Alibaba Cloud is opening its first data center in India
Alibaba is bringing its cloud computing business into India as it continues to expand its first-growing business unit. The Chinese firm said today that its…
Blow to Uber in Europe as top court rules it’s a transport service
Europe’s top court has provided the final verdict on a multi-years legal challenge brought by EU taxi associations to Uber’s claim that it’s just a…
Litecoin founder Charlie Lee has sold all of his LTC
Charlie Lee, the former director of engineering at Coinbase, is selling almost all of his holdings in Litecoin (LTC), the cryptocurrency that he founded in…
PayPal backs pan-European savings deposit marketplace Raisin
Raisin, the savings deposit marketplace that lets you shop for a better interest rate across Europe, has picked up backing from PayPal. Described as a…
Coinbase is investigating claims of insider trading from its Bitcoin Cash launch
Coinbase is investigating whether its employees took advantage of inside knowledge to profit on the launch of bitcoin cash (BCH) when it was added the…
Mobike lands investment from Line to grow its bike-sharing service in Japan
Dock-less bike rental company Mobike is teaming up with messaging app firm Line to boost its presence in Japan. Line, which is Japan’s most popular…
Veterans' Mortgages Scam Protection via AARP Money
by David Frank, AARP, December 19, 2017|Comments: 0. Refinancing Scams Target Veterans. Blend Images/Getty Images. New rules are designed to prevent lenders from convincing veterans to repeatedly refinance their VA mortgages. Veterans will get new protection from lenders who try to lure them into refinancing …
Crunch Report | U.S. Government Blames North Korea for WannaCry
shift, co CEO, used cars, marketplace, government, north korea, wannacry, ransomeware, softbank, lemonade, 120 million, Tech, news, recap, daily, review, hands on, Silicon Valley, Tito,…
Coinbase halts Bitcoin Cash trading as price briefly hits $8,500
After just announcing full support for Bitcoin Cash, buying and selling on Coinbase and GDAX is temporarily disabled. For about an hour Coinbase and GDAX were both…
Coinbase now lets you buy and sell Bitcoin Cash
Coinbase has just added full support for Bitcoin Cash (BCH) – meaning you can now send, receive, buy and sell the cryptocurrency. All users will…
Bio-programming toolkit maker Asimov launches with $4.5M from Andreessen Horowitz
Biotech is one of today’s many hot tech frontiers, but one thing holding it back is that it’s significantly less amenable to traditional computing techniques…
The future of source code security is consensus-based
The security landscape is ever-changing. It is the most non-constant industry on the planet. New threats appear and new solutions are built to squash them.…
Google’s Tacotron 2 simplifies the process of teaching an AI to speak
Creating convincing artificial speech is a hot pursuit right now, with Google arguably in the lead. The company may have leapt ahead again with the…
Stitch Fix is crashing after its first-ever earnings report
Stitch Fix’s first earnings report is not going well for the company, as its shares fell quite a bit after seeing a significant run up…
Is the time finally right for platform-agnostic cloud gaming?
We’ve heard it all before. Gaming in the cloud, the ability to play the most demanding titles, regardless of the limitations of our own hardware.…
White House petition site goes offline prior to late January relaunch
The White House petition portal established by the Obama administration is on pause, at the moment. The site, known as We The People, allows anyone…
Twitch announces reality show for up-and-coming streamers
Twitch is planning to highlight some of its most promising users in a reality show called Stream On. The Amazon-owned video game streaming service says…
Spreading Cheer with a #flowerflash in New York City To keep up… via #Instagram Blog
Spreading Cheer with a #flowerflash in New York City To keep up with all of Lewis’ flower flashes, follow @lewismillerdesign on Instagram. After finishing big events, florist Lewis Miller (@lewismillerdesign) often found himself wondering: How else could he reuse all these flowers? “I was walking down the street one day and I saw a typical New York City trash can, overflowing with garbage and spilling onto the sidewalk,” says Lewis, who’s run his floral business for 15 years. “And I thought, wouldn’t it be fun if that were all flowers?” So, the #flowerflash was born, and in the wee hours of the morning after an event, Lewis and his team load up their van and head out to trash cans, bus stops and lampposts throughout…
Facebook opens up its social VR Spaces platform to HTC Vive
As Facebook looks to keep its VR dream moving, the company is opening up its nascent social VR platform to run on headsets that the…
Gift Guide: The best Nintendo Switch games and gifts
The Switch has had an amazing debut year, defying worries that it would crash and burn like its superficially similar predecessor, the Wii U. Unlike…
Sendbird raises another $16M to help developers add chat functions to a service
If you go to any company’s website these days, you’re probably starting to see some chat functionality more and more often — and for good…
Instagram launches an alpha testing program on iOS and Android
Are you an early adopter? Okay, but are you a really early adopter who likes to test new, experimental things even if it means you’ll…
Microsoft starts testing its long-promised Windows 10 Timeline feature
When Microsoft announced the Windows 10 Fall Creators update, one of the most interesting features the company demoed was Timeline, which lets you find and…
Convercent raises $25M to keep companies out of ethical quandaries
Convercent, a company that provides ethics and compliance software to businesses, today announced that it has raised a $25 million funding round led by Rho…
Gift guide: Playstation 4 Games worth giving
2017 has been a banner year for gaming, and the PS4 in particular has gotten a ridiculous amount of really great games. Whether you or…
Dgraph raises $3M for its open-source distributed graph database, hits 1.0 release
Dgraph is an increasingly popular open-source distributed graph database that uses a version of Facebook’s GraphQL as its default query language. Today, the company announced that it has…
Former Nike CFO Don Blair joins Dropbox’s board of directors
As Dropbox continues its inevitable march toward an IPO, it’s going to look to bring in people with a lot of experience handling the operations…
dYdX is a decentralized protocol for cryptocurrency derivatives
While some financial derivatives like futures trading are slowly coming to Bitcoin, we’re still a long time away from these financial products being widely available…
Musical.ly launches $50 million ‘creator fund’ to build out its community
In November, the popular lip-syncing app Musical.ly announced its acquisition by Chinese social media giant Toutiao, owned by Bytedance, in a deal sources said was…
UPS reserves 125 Tesla Semi fully electric heavy-duty trucks
Tesla has another new high-profile customer – UPS, which has placed the largest order yet for Tesla Semi advance reservations. The shipping giant pre-ordered 125…
Combustible cigarettes kill millions a year. Can Big Tobacco save them? via The Economist Business
BESIDE a serene lake in Switzerland sits a modern glass building called the Cube. Wide-leafed tobacco plants grow in the lobby. In one room machines that can “smoke” more than a dozen cigarettes at a time dutifully puff away, measuring the chemicals that consumers would inhale. The research centre is run by Philip Morris International (PMI), which sells Marlboro and other brands around the world. The facility’s purpose is not to assess the risks of smoking, but to determine whether this huge cigarette-maker might get out of selling cigarettes altogether.André Calantzopoulos, PMI’s chief executive, talks about moving to a “smoke-free future”, with the firm’s business comprised entirely of alternatives to cigarettes. “We are crystal clear where we are going as a company: we want to…
An experiment with in-home deliveries is under way via The Economist Business
AFTER staying at home one afternoon for a delivery of discounted toilet disinfectant that never came, Valentin Romanov, a Stockholm IT manager, installed a special lock on his flat’s entrance. When no one is in, deliverymen unlock the door and slip packages inside. Four months on, Mr Romanov has doubled his spending online and says he cannot imagine life without in-home deliveries. These are sweet words for delivery firms and online retailers, Amazon included, that are setting up partnerships with lock manufacturers to overcome a big hurdle for e-commerce.Conventional deliveries fail so often that a parcel is driven to a home an average of 1.5 times in the Nordic region, says Kenneth Verlage, head of business development at PostNord, a logistics giant operating in Denmark,…
Intangible assets are changing investment via The Economist Business
WHEN you work as an equity analyst at an investment bank, your task is clear. It is to comb all the statements made by corporate executives, to scour the industry trends and arrive at an accurate forecast of the company’s profits. Achieve this and your clients will be happy and your bonus cheque will have many digits.But is all this effort worthwhile? Not as much as it used to be, according to Feng Gu and Baruch Lev, writing in a recent issue of Financial Analysts Journal*. The authors imagined that investors could perfectly forecast the next quarter’s earnings for all companies. They then assumed that investors bought all the stocks that they expected to meet or beat the consensus of analysts’ forecasts; and that investors…
Have yourself a dismal Christmas via The Economist Business
ONLY an economist would think to ask whether Christmas is efficient. In 1993 Joel Waldfogel, then a professor at Yale University, turned a lunchtime conversation with colleagues into a paper entitled “The deadweight loss of Christmas”, which argued that, no, it is not. That gift-giving might actually be bad is the kind of opinion which breeds a deep mistrust of economists—loathing is perhaps too strong—among those not schooled in the dismal science. It is also just the sort of analytical insight on which economists pride themselves: counterintuitive, irreverent and interesting. But they should perhaps be less pleased with themselves. The way they think about the most festive time of the year reveals something important about the shortcomings of the field’s approach to human behaviour.Mr Waldfogel’s…
Bima raises $97M from Allianz for microinsurance aimed at emerging markets
On the heels of Lemonade raising $120 million from Softbank for its new “peer-to-peer” spin on insurance services, another company aimed at disrupting the insurance…
Amazon’s Echo Buttons get their own version of Trivial Pursuit
Echo Buttons got lost in the deluge of Alexa products announced by Amazon a few months back. Understandably so — they were fun, but weird…
Google will turn on native ad-blocking in Chrome on February 15
Google is going to start blocking certain ads in Chrome, the company announced earlier this year. But now we know exactly when: February 15, 2018…
Softbank leads a $120 million round for insurance startup Lemonade
Softbank’s Vision Fund has finally made a good tech investment around real estate. After investing $4.4 billion in what is essentially a bespoke office space…
Overstock’s CEO launches new trading platform and token, tZero
Few mainstream business leaders have taken to the blockchain quite like Patrick Byrne. The founder of Overstock.com has been accepting Bitcoin since 2014 and has…
Facebook has new tools to prevent unwanted friend requests and messages
Facebook, like every social media platform, has issues with harassment and bullying. In order to prevent certain types of harassment, Facebook is introducing some new…
Used car marketplace Shift appoints a co-CEO alongside George Arison
Toby Russell was one of the first people to get Shift founder George Arison into used cars — and now he’s going to be running…
Facebook’s facial recognition now finds photos you’re untagged in
Facebook wants to make sure you know about and control the photos of you people upload, even if they don’t tag you. So today, Facebook…
Caavo’s over-the-top TV box for over-the-top TV boxes ships February 14
The streaming box that aims to bring sanity to your streaming world by combining all your streaming hardware sources into one will ship on Valentine’s…