eBay Q1 reports sales of $2.374B, active buyers up to 174M in wake of COVID-19

After a quarter in which eBay, tussling with an activist investor, completed the sell-off of its ticketing business StubHub for $4 billion and saw appointed a new CEO after its previous one departed, while also weathering waves of surging demand and dodgy sup…

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  After a quarter in which eBay, tussling with an activist investor, completed the sell-off of its ticketing business StubHub for $4 billion and saw appointed a new CEO after its previous one departed, while also weathering waves of surging demand and dodgy sup…   Read More

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Joue targets novice musicians with its latest crowdfunded instrument

I wrote about Joue back in January, right before the company participated in (and won) our CES pitch off. The company was one of a handful of crowfunded musical instrument startups at the show that were really worth getting excited about. This week, the Frenc…

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  I wrote about Joue back in January, right before the company participated in (and won) our CES pitch off. The company was one of a handful of crowfunded musical instrument startups at the show that were really worth getting excited about. This week, the Frenc…   Read More

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Original Content podcast: Netflix’s ‘Extraction’ combines brutal action with forgettable characters

If you think that action movies generally suffer from an excess of characterization, then “Extraction” is the movie for you. Almost everything about the film that’s not an action scene is dealt with in a perfunctory way, starting from the sketchy characteriza…

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  If you think that action movies generally suffer from an excess of characterization, then “Extraction” is the movie for you. Almost everything about the film that’s not an action scene is dealt with in a perfunctory way, starting from the sketchy characteriza…   Read More

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TikTok tops 2 billion downloads

TikTok, the widely popular video sharing app developed by one of the world’s most valued startups (ByteDance), continues to grow rapidly despite suspicion from the U.S. as more people look for ways to keep themselves entertained amid the coronavirus pandemic.…

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  TikTok, the widely popular video sharing app developed by one of the world’s most valued startups (ByteDance), continues to grow rapidly despite suspicion from the U.S. as more people look for ways to keep themselves entertained amid the coronavirus pandemic.…   Read More

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Tesla turns Q1 profit on cost reductions, rising car margins, credits

Tesla reported Wednesday that it earned $16 million and generated $5.985 billion in revenue in the first quarter, results buoyed by improved automotive margins and reductions in operating expenses. Tesla’s first quarter earnings were lower than the previous p…

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  Tesla reported Wednesday that it earned $16 million and generated $5.985 billion in revenue in the first quarter, results buoyed by improved automotive margins and reductions in operating expenses. Tesla’s first quarter earnings were lower than the previous p…   Read More

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The lockdown is driving people to Facebook

The quarantine lockdown is driving a record number of users to Facebook’s products. On a conference call, CEO Mark Zuckerberg disclosed a number of new metrics highlighting a significant bump in Facebook usage during the broader quarantine lockdown. In the pa…

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  The quarantine lockdown is driving a record number of users to Facebook’s products. On a conference call, CEO Mark Zuckerberg disclosed a number of new metrics highlighting a significant bump in Facebook usage during the broader quarantine lockdown. In the pa…   Read More

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Workers prepare to strike May 1, amid strained pandemic working conditions

The global pandemic has tested the bounds of businesses across the world and transformed the way many of us live our lives. For those among us who are unable to leave our homes at all as COVID-19 virus rages, online retail and food services have been a kind o…

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  The global pandemic has tested the bounds of businesses across the world and transformed the way many of us live our lives. For those among us who are unable to leave our homes at all as COVID-19 virus rages, online retail and food services have been a kind o…   Read More

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Instagram ‘pods’ game the algorithm by coordinating likes and comments on millions of posts

Researchers at NYU have identified hundreds of groups of Instagram users, some with thousands of members, that systematically exchange likes and comments in order to game the service’s algorithms and boost visibility. In the process, they also trained machine…

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  Researchers at NYU have identified hundreds of groups of Instagram users, some with thousands of members, that systematically exchange likes and comments in order to game the service’s algorithms and boost visibility. In the process, they also trained machine…   Read More

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Tesla pushes Tesla Semi deliveries to 2021

Tesla is pushing back plans to produce and deliver its all-electric Class 8 until 2021, the company said in its quarter earnings report Wednesday. The move puts the Tesla Semi two years behind the automaker’s previous target. “We are shifting our first Tesla …

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  Tesla is pushing back plans to produce and deliver its all-electric Class 8 until 2021, the company said in its quarter earnings report Wednesday. The move puts the Tesla Semi two years behind the automaker’s previous target. “We are shifting our first Tesla …   Read More

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Tesla to reduce price of standard range Model 3 in China

Tesla said it will reduce the price of its standard range Model 3 vehicle in China to meet the government’s new eligibility requirements for subsidies. This marks the second time this year that the automaker has reduced the price. Several months ago, the base…

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  Tesla said it will reduce the price of its standard range Model 3 vehicle in China to meet the government’s new eligibility requirements for subsidies. This marks the second time this year that the automaker has reduced the price. Several months ago, the base…   Read More

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