Apple Set To Unveil New iPhones On Sept. 10

Consumer electronics giant Apple announced Thursday that it will hold its fall new products briefing on Sept. 10 at its headquarters in Cupertino, Calif. Apple stock edged higher on the news. source

Will Alibaba Help Distribute Chinese Government Crypto?

For a long time, China’s stance concerning cryptocurrencies was unfriendly. As such, Alibaba’s crypto operations took place through third-party companies. source

The Time a Jet-Lagged Musk Made Alibaba’s Jack Ma Sound Grounded

(Bloomberg) — Elon Musk and Jack Ma matched wits publicly for the first time. And boy, they didn’t disappoint.An onstage debate between China’s richest man and the Tesla Inc. boss left a largely Chinese audience both awestruck and dumbfounded as the pair sparred over everything from the existence of aliens to the preservation of humanContinue reading “The Time a Jet-Lagged Musk Made Alibaba’s Jack Ma Sound Grounded”

Microsoft says new augmented reality headset to go on sale in September

SHANGHAI (Reuters) – Microsoft Corp’s second generation HoloLens augmented reality headset will go on sale in September, the company’s executive vice president Harry Shum said on Thursday. Shum made the comment in a speech at the World Artificial Intelligence Conference in Shanghai. (Reporting by Yilei Sun and Josh Horwitz, Writing by Brenda Goh; Editing byContinue reading “Microsoft says new augmented reality headset to go on sale in September”

Elon Musk and Jack Ma Will Debate AI at China Summit

(Bloomberg) — From Jack Ma to Pony Ma, the leading lights of China’s internet industry gather in Shanghai this week to showcase the country’s latest advances in artificial intelligence. But the real headliner could be American entrepreneur Elon Musk.The Tesla Inc. and SpaceX impresario features prominently on the opening-day card of the World AI Conference,Continue reading “Elon Musk and Jack Ma Will Debate AI at China Summit”

Apple TV+ to Add $2.5 Billion in Sales by 2021

Apple TV+ is set to launch in November with a monthly cost of $9.99. Analysts expect Apple TV+ to reach 12 million subscribers by the end of 2020. source

Tesla Unplugged: In Singapore, It’s Just Another Unwelcome Car

(Bloomberg Opinion) — Around the world, Tesla Inc is a welcome symbol of what can happen when high-tech meets the global need for sustainable, electrified transportation. Everywhere, that is, except Singapore.Last week, in an interview with Bloomberg News, Masagos Zulkifli, Singapore’s minister for water and environment resources, dismissed the company and its founder, Elon Musk,Continue reading “Tesla Unplugged: In Singapore, It’s Just Another Unwelcome Car”

Roku Projected To Reach 82 Million Active Accounts By 2025

Roku stock spiked to a record high on Tuesday as the streaming video platform received a bullish outlook from a Wall Street analyst. William Blair sees international growth fueling Roku. source

Activision Blizzard stock rises following World of Warcraft re-release

Activision Blizzard Inc. shares rose Tuesday after the video game publisher re-released its classic World of Warcraft game to subscribers at no additional cost. Activision Blizzard shares rose 3.7% to $50.50 in early trading after touching an intraday high of $52.22. The company said late Monday that the classic, pre-expansion version of the game isContinue reading “Activision Blizzard stock rises following World of Warcraft re-release”

Amazon’s Valuation Compared to Peers’ amid the Slump

Amazon’s (AMZN) valuation has fallen with the fall in its stock price. August is proving to be a weak month for the equity market. source