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shell electric

Shell CEO says his next car will be electric

July 28th, 2017

Electric vehicles are most certainly the future of the automotive industry — and you need only look at the outlawing of gas-powered vehicles for proof of that — but if you needed one more piece of proof to add to the pile, CEO of Royal Dutch Shell, Ben Van Beurden, has some news for you. …

Uber new CEO's biggest problems

Uber’s next CEO has six huge problems to fix

June 23rd, 2017

Even though a significant part of Uber’s workforce doesn’t want to admit it, Travis Kalanick is out at Uber. The CEO job is going to be the hottest one in town, and not just because of the current media frenzy. Uber is Silicon Valley’s biggest startup that’s still in startup mode, and that’s going to …

Charter Cox merger 2017

I give up: let’s just have one giant cable company

June 22nd, 2017

The cable industry is already a hot mess in the US. Nearly 80 percent of the country has only one option for high-speed broadband, because a handful of big cable companies has split the nation into a series of regional monopolies. That’s bad (and the reason why cable companies can treat their customers like actual …

Apple stock price

Apple is now worth $800 billion for the first time ever

May 8th, 2017

Freshman economics students will tell you that something is only “worth” whatever other people are willing to pay for it. In the case of Apple Inc, that means the company is now valued at $800 billion, a new all-time high for the company. But according to analysts, Apple could be on track to break $1 …

Apple earnings

Apple isn’t as rich as it seems

May 4th, 2017

As part of its earnings announcement this week, Apple revealed that it’s sitting on $258 billion of cash, mostly overseas. That’s more than the GDP of some small countries, and one of the easiest ways to understand just how rich Apple is. But that $250 billion figure is actually a little more impressive than it …

Apple stock price

How hard is Apple’s stock going to crash?

April 28th, 2017

Another day, another analyst shouting BUY BUY BUY on Apple’s stock, based on the upcoming iPhone 8 launch. This week, Credit Suisse analyst Kulbinder Garcha raised his estimate for the firm’s stock price to $170, based on his belief that “pent-up demand” for a new iPhone will create a “supercycle” of upgrades, sending Apple’s profits into …

Uber can’t stop losing money

April 14th, 2017

Uber has opened up its books for a rare examination, and the news is not good. From figures shown to Bloomberg, it would appear that Uber is taking in more revenue than ever before, but also losing money like crazy. For a company that is still yet to show its business plan is viable long-term, this …

Tesla is now the most valuable auto manufacturer in the US

April 4th, 2017

Following a strong few days of trading for Tesla’s stock, the electric auto manufacturer has shot into first place in the stock market’s ranking of car companies. Having beat out Ford yesterday, Tesla’s market cap surpassed General Motors today, making Tesla the most valuable car manufacturer in the US.

Imagination Technologies stock

What happens when a small Apple supplier loses its contract

April 3rd, 2017

Until Monday morning, Imagination Technologies was a successful processor technology company going through a bit of a rough patch. The company designed some of the underlying architecture of chips that Apple uses in its iPhone range, and as a result, it earns royalty money from every iPhone sold. It’s a solid business model, so despite …