Investment bank Cowen is predicting Apple News+ will account for $2.2 billion in revenue and have some 19 million users by 2023. Apple News+ is the company’s subscription-based news service that provides news and magazines from popular sources. Many of Read More
The cryptocurrency market passed a major milestone Monday, passing $2 trillion market capitalization. The crypto market was boosted by bitcoin, which currently makes up over $1 trillion of the total market’s valuation. According to Reuters, analysts say that as long as Read More
Comcast has announced it is committing $1 billion over the next 10 years, to help low-income families close the digital divide. The global pandemic has forever altered the modern workplace, and emphasized the importance of fast, reliable internet access. Unfortunately, Read More
“Our competitors just spent a combined $80 billion trying to catch up and match us and they fell short,” says T-Mobile CEO Mike Sievert. “We didn’t just leave this auction with the most mid-band spectrum, we left the auction with Read More
Tesla is poised to become the next $1 trillion company, thanks to potential demand in China, according to one analyst. Tesla has been growing at an incredible pace, recently passing Facebook as the fifth most valuable US company. China has been a big Read More
Huawei has informed suppliers that it will cut smartphone shipments by at least 60% in 2021. The Trump administration banned the Chinese company from participating in US networks, and pressured its allies to do the same. Government and intelligence officials Read More
The Federal Trade Commission (FTC) has announced Amazon is settling to the tune of $61.7 million for tips it withheld from drivers. As part fo the Amazon Flex program, drivers were promised $18–25 per hour for making deliveries. In addition, Read More
Samsung is considering a $10 billion factory in Texas, its most advanced to date in the US. Samsung is the largest smartphone maker, as well as the largest memory chip maker, but the company lags behind rival TSMC as a Read More
Visa is abandoning its plans to acquire Plaid after the Department of Justice (DOJ) sued over antitrust concerns. Visa announced in January 2020 its plans to purchase Plaid. While the smaller company is primarily known for a service that allows Read More
Bitcoin has had a stellar year and passed a significant milestone with the first NFL player being paid with the cryptocurrency. While there are a number of cryptocurrencies available, Bitcoin is easily the most well-known and recognized. The currency has Read More
