Here’s why virtual reality still hasn’t taken off, despite being around for nearly 2 decades

Here’s why virtual reality still hasn’t taken off, despite being around for nearly 2...

Following is a transcript of the video. Michelle Yan: Believe it or not, virtual reality has been around for nearly 20 years. And yet, it still feels like a random experiment instead of the next mainstream video game. You'd think after nearly two decades of calling it the future, it'd be better, but it's not.…
MoviePass competitor Sinemia is being sued by angry customers who say it ripped them off with new fees

MoviePass competitor Sinemia is being sued by angry customers who say it ripped them...

When MoviePass was forced to drastically change its business model in the face of mounting losses in August, competitor Sinemia stepped into the spotlight. The movie-ticket subscription startup was founded in Turkey in 2015 and had operated overseas, but in early 2018 it capitalized on the hype around MoviePass to launch in the US. Despite…
Meet the CEO who once turned down $500 million offer for his startup — and just sold it for $8 billion

Meet the CEO who once turned down $500 million offer for his startup —...

A little over six years ago, Qualtrics CEO Ryan Smith stared at a $500 million acquisition offer - half a billion dollars! - for his bootstrapped company doing $50 million in revenue... ...and turned it down. Instead, he decided to gamble he could grow his company far bigger and far more valuable. Qualtrics was on…
We went to Alibaba’s 24-hour shopping extravaganza that is like nothing in America, featuring a Mariah Carey performance and an online-shopping-themed Cirque du Soleil act. Here’s what it reveals about the future of retail.

We went to Alibaba’s 24-hour shopping extravaganza that is like nothing in America, featuring...

SHANGHAI, China — I've experienced the stampedes of Black Friday shoppers. I survived the Prime Day outage of 2018. And, like an increasing number of Americans, I've checked deals on my iPhone during Thanksgiving dinner. But, I have never seen a shopping event quite like Alibaba's Singles' Day: 24 hours of massive sales, overwhelming festivities,…
Hedge funds just suffered through their worst month in 8 years — here’s why their struggles could just be getting started

Hedge funds just suffered through their worst month in 8 years — here’s why...

The stock market's so-called Red October was a tough time for investors of all shapes and sizes. But few parties felt the pain like hedge funds, which turned in a rocky month for the ages. A large universe tracked by Hedge Fund Research lost almost 3% in October, its worst month since May 2010, when…
Trump torches allies, threatens NATO pullout after tense WWI memorial trip to Paris

Trump torches allies, threatens NATO pullout after tense WWI memorial trip to Paris

President Donald Trump on Monday unloaded on the US's European allies, and appeared to threaten to pull out of NATO, upon returning home from a World War I memorial event in Paris, where French President Emmanuel Macron openly rebuked Trump's political philosophy in a speech on Sunday. Trump returned to his old talking points— that…
The marijuana producer Aurora Cannabis jumps after posting huge growth (ACB)

The marijuana producer Aurora Cannabis jumps after posting huge growth (ACB)

AP Photo/Ted S. Warren The marijuana producer Aurora Cannabis jumped 4% early Monday after posting first-quarter results. Here are the key numbers: Revenue: $29.7 million, +260% year-over-year Profit: $ 104.2 million, +2,826% YoY Gross margin on cannabis: 70%,  +12 percentage points YoY Total kilogram equivalents sold: 2.68 million, +201% YoY Production run rate early in 2019:…
Tucker Carlson broke Fox News’ Twitter blackout that was ordered for him to post a statement about assault allegations

Tucker Carlson broke Fox News’ Twitter blackout that was ordered for him to post...

Fox News has instituted a Twitter blackout across the company, reportedly in response to threats to host Tucker Carlson, but apparently the blackout doesn't apply to Carlson himself. Despite orders emailed to the entire Fox News digital team instructing employees not to tweet, previously reported by Business Insider, Carlson took to Twitter Sunday evening to…
Three recounts, baseless voter fraud claims and mixed messages from candidates: Here’s what’s going on with the Florida elections

Three recounts, baseless voter fraud claims and mixed messages from candidates: Here’s what’s going...

Florida's midterm elections descended into chaos over the weekend as three recounts were ordered and baseless claims of voter fraud arose. Tensions reached a fever pitch after Florida Secretary of State Ken Detzner ordered automatic machine recounts for the US Senate, governor, and agricultural commissioner races in an unprecedented move. Amid continuous baseless claims of…
We compared Amazon’s lockers and Walmart’s pickup towers to see which one was easier to use — and there was a clear winner

We compared Amazon’s lockers and Walmart’s pickup towers to see which one was easier...

Walmart and Amazon's pickup lockers allow shoppers to place orders online and pick them up in stores, rather than having them shipped home. In April, Walmart announced it would be adding pickup towers to 700 of its stores, making the option to pick up orders available to 40% of the United States. Likewise, Amazon has…

Must Read

- Advertisement -