Comments Off on Tech’s ‘FAANG’ Stocks Have Lost More Than $1 Trillion
Usually high-performing, the five “FAANG” stocks have collectively lost more than $1 trillion in value after experiencing recent highs. The FAANG stocks – Facebook, Amazon, Apple, Netflix, and [..]
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Comments Off on Uber Net Losses Increase to $939 Million
Uber, the ride-sharing company, has released its Q3 2018 financial results. The company’s net losses increased 32 percent quarter over quarter to $939 million on a pro forma basis. However, Uber did anticipate these [..]
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Comments Off on Ford Buys Electric Scooter Startup Spin
Ford is buying dockless electric scooter startup Spin, Axios reports. According to a source, “the total consideration in the deal was close to $100m.” Previous reports had put the sale at around $40 [..]
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Comments Off on Handshake, a University Platform for Recruiting Students , Raises $40 Million
LinkedIn competitor, Handshake, raised $40 million in a Series C round of funding. With more than 14 million users in the US across 700 universities and 300,000 employers, Handshake is a startup platform that connects [..]
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General Steps to Starting a Business
There are a few general steps you need to take to start a business once you’ve identified your business idea. One of the first steps is to decide whether you [..]
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Comments Off on Tesla Reports Its First Profit In Two Years
Tesla reported a profit in the third quarter after seven consecutive quarters of losses. Due in part to the popularity of the Model 3 sedan, Tesla said on Wednesday that it generated $6.8 billion in revenue and ended with [..]
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Comments Off on Apple Acquires Spektral, a Danish Computer Vision Startup
Apple has been making big moves this morning. First, it spent $600 million acquiring IP, talent, and licenses from Dialog Semiconductor in Europe. Then, it confirmed it bought Spektral, a computer vision company based [..]
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Comments Off on Amazon Raises Minimum Raise, but Workers Could Actually Be Making Less
Amazon announced this week that it will be raising its minimum hourly wage to $15 for all US employees, after being heavily criticized for the low wages it offers. While this move seems to be good news, it does come at the [..]
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Amazon is testing out Scout, a new shopping site which will help consumers better figure out what they want to buy. It is built for customers who only have a vague idea of what they want to buy and are willing to take [..]
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WeWork, a company that provides shared workspaces for startups, has made its third-largest acquisition to date. This is their fourth acquisition of 2018, and it will purchase Teem, a maker of office management software for [..]
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