In the wake of Oculus’ decision to cut the price of the Oculus Rift with controllers to $400, there’s been some worry that this move indicates a major new platform update is imminent. It’s not a crazy idea — plenty of companies, from car dealerships to CPU and sometimes even GPU manufacturers will cut prices to clear inventory and make room for upcoming models. In Oculus’ case, however, that doesn’t ...
With the Nasdaq Composite index breaking through the 6,000 milestone for the first time and the Dow Jones Industrial Average regaining territory above 21,000, does this market exuberance represent a new ‘dotcom-style’ bubble or a tech revolution? And, what should investors consider now. Amazon, Apple, Facebook, Google and Microsoft, which combined account for something a tenth of US market capitalization and keep notching up one record ...
Reports suggest that Facebook’s is in talks with Major League Baseball to live stream one game per week on its platform. Both Facebook and Twitter are looking at live sports as a key catalyst to drive user engagement, growth and eventually revenues. more...
Last year, Facebook announced it would push Oculus Rift demo kits in 500 Best Buy stores around the nation. The move was widely seen as key to establishing virtual reality in the consumer market. One of the biggest problems with VR is that it’s impossible to convey in text, images, or video what it’s like to actually wear a headset. On a 2D screen, the output from a ...
Stock Market A To Z: 26 Names, Themes And Trends To Watch In 2017 A is for Apple "The stock trailed the broader market in 2016, but there may be tailwinds in 2017. Tax reform may include a provision that incentivizes the company to deploy its billions in foreign cash back to shareholders, while some analysts are betting on a big upgrade cycle for the iPhone 8, which has been lacking in recent launches." B is ...