Comments Off on Paypal Acquires Hyperwallet for $400 Million
Paypal has made another critical move to further the efficiency of their payment system by acquiring and integrating the Hyperwallet into their platform. Paypal has made this announcement today about this acquisition [..]
Comments Off on Opendoor raises $325 million to expand nationwide
Opendoor, a house-flipping startup, has raised $325 million in a new fundraising round. The money raised will go towards expanding its team and increasing their market to fifty new markets.
With this newest round of [..]
Comments Off on Instagram plans to launch long-form video hub
Instagram plans to launch a home for new long-form video length that will take on YouTube and Snapchat Discover. Instagram will have a space where users can upload videos that are up to one hour longer, featuring scripted [..]
Chinese smartphone firm Xiaomi has released its newest smartphone among many other products at a launch event in Shenzhen earlier today.
Xiaomi’s phones have often borne a similar appearance to the iPhone but in [..]
Comments Off on Uber to open $24 million flying taxi research center in Paris
Uber, the ride-hailing company, is taking over the skies next. They will open a $24 million flying taxi research center in Paris. This is Uber’s first research and development hub outside of North America.
In 2016, [..]
Comments Off on Senate overturns net neutrality repeal
The Senate voted 52-47 yesterday to overturn the FCC’s net neutrality repeal. All members of the Democratic caucus were joined by three Republicans to vote in favor of net neutrality.
To be clear, the Senate [..]
Comments Off on Lyft’s monthly subscription plan now has a waitlist
Lyft is expanding its monthly subscription plans to riders throughout the nation. Riders who signed into the app might have seen the option to sign up for a waitlist that allows them to pay a flat monthly rate for discounted [..]
Comments Off on Tesla reports both record revenue and record losses
Tesla had a record first quarter in 2018. It generated $3.4 in revenue, it’s highest ever but also spent more money than ever before, at nearly a $785 million loss. Tesla was expected to report a loss of $3.48 a share [..]
Comments Off on Ford to stop selling all but 2 cars in North America
Ford announced today that it will stop selling all but two of its cars in North America by 2020. According to the statement, the only new Ford cars in dealerships will be the Mustang and the Focus Active, which will not be [..]
Comments Off on Third-party trackers hijacked “Login with Facebook”
Facebook is facing yet another scandal after it’s been confirmed that it’s investigating another illegal data exploitation. If you have used “Login With Facebook” on sites, there is a chance your [..]