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GoPro Inc. on Tuesday announced a revenue increase of 72% in the second quarter, helped largely by big sales numbers for the Hero4 devices. Shares of the company rose 2.3% to $63.49 in after-hours trading. The company’s stock has risen 49% since going public in June 2014. The Hero4 devices have been a huge hit […]
The Apple iPad is sinking and Apple CEO Tim Cook doesn’t believe there is cause for concern. During the company’s earnings call on Tuesday, Cook said he is “still bullish on the iPad,” despite slowing sales. According to Cook, “I think iPad upgrade cycle will eventually occur. We’re 6X greater in usage than nearest closest […]
Today’s announcement of a deal limiting Iran’s nuclear program also will lift many, if not all, of the crippling economic sanctions that the West has levied over the years. While inhibiting the Islamic Republic’s ability to develop a nuclear weapon was the goal of the P5+1 nations (the U.N. Security Council – the United States, […]
Warren Buffett has invested in some of America’s most iconic brands including Coca-Cola, Geico, and Wrigley. Berkshire Hathaway is also the most successful investment firm in the world, a title that has allowed Mr. Buffet to remain as one of the world’s richest people. In his many years as an investor Warren Buffett has offered […]
Reddit interim CEO Ellen Pao has resigned after a massive sitewide revolt shut down some of the social networks most popular sub-Reddits. Steve Huffman, a Reddit co-founder, will take over as CEO for the San Francisco-based company. Huffman, also the chief technology officer at the travel startup Hipmunk Inc., has not released an official statement, but […]
An anti-Airbnb group has released a new advertisement that refutes the idea that the short-term rental service assists the regular Joe. ShareBetter has released a new advertisement on television locally in the New York area and nation-wide online in anticipation of reaching as many cities as possible where the “illegal hotels” are looking to expand. […]
If you want to save your computer files via external sources these days, there are literally hundreds of options. Sure you can opt-in to Dropbox or Google Drive, and even save your photos and videos inside your Amazon Prime account but why would you bother when your files can be easily stored inside a regular […]
Microsoft founder Bill Gates is doubling his investment in renewable energy, announcing plans to spend $2 billion over the next five years. According to Gates we need to “bend the curve” on climate change, and the best way to reach that goal is through innovation. During an interview with the Financial Times, Gates said he is […]
Amazon continues its march towards $100 billion in annual sales but the company isn’t getting much help from wealthy buyers. Research and advisory firm the Luxury Institute surveyed 1,600 wealthy people about their shopping habits and found that they prefer shopping the traditional way. According to the survey, both men and women who earn at least […]
Facebook closed on Wednesday with stock prices reaching a record $88.86 per share, valuing the company at just under $250 billion. Analysts have been very bullish on Facebook in recent months thanks to stronger than expected mobile revenue, an increase in Instagram profits, and the soon-to-arrive Oculus Rift virtual reality headset. Last Friday Facebook shares […]
Supermarket chain Whole Foods has outright denied claims that customers in New York City were being overcharged by the fresh food provider. The company has been backed into a corner after an investigation by the New York City Department of Consumer Affairs (DCA), found that some Whole Foods stores were charging customers more than sticker […]
The labor force in 22 of the 50 United States is going to shrink over the next 15 years according to state-by-state projections of the working-age population from the Conference Board. In terms of loss, Vermont is expected to lose 11.5% of its population by 2030, the largest drop off in available workforce members. Vermont is […]
