Featured Articles It is hard to imagine a vote on something- even for those of us in the U.S. consumed and amazed by the daily barrage of presidential election year politics-that has garnered more attention than the vote in the U.K. on June 23rd on whether to stay or leave the European Union (EU). In fact, not only is there all of the drama surrounding the advocates of the Yea or Nay positions, but as the vote approaches it is turning into a race that is too close to call. San Francisco-based Twilio counts Uber, Open Table, and Nordstrom among its customers. In 2015, the company's revenues were around $167 million with a net loss of $35.5 million. Having raised $150 million, Twilio isn't pressed to be breakeven or cash flow positive, but it would help the stock in the future. Before opening, Twilio was valued at around $1.23 billion with its price of $15 per share. It is hard to see Apple in trouble. It has massive reserves and remains one of the most powerful brands in the market, yet every week seems to contain more bad than good news for the company. Last week part of China banned the iPhone (this will get overturned), far worse, the forecast for the Apple Watch was cut in half, which was the heart of some rather impressive doom and gloom over the firm. Apple Stock, once a bulletproof investment has been trending down all year. If you put $100 into Apple on January 1, it is worth $95 today. If you go back a year it is worse, dropping closer to 30%. Yahoo, who is looking for a new CEO, is actually outperforming Apple. Facebook seems like it is ready to launch a fledgling version of Facebook Live in the near future, Osofsky said. We have an early beta programm for a relatively small number of partners that includes a broad range of content types from regions around the world. It seems that SoundCloud sees much of the benefit in this partnership with Twitter in the rollout of their new subscription service that is meant to serve as the company's main revenue stream. This investment will enable SoundCloud to remain focused on building value for creators and listeners alike, and to continue the global rollout of many company initiatives such as our recently launched subscription service, SoundCloud Go. There are a couple of rules when it comes to game consoles. First you don't change them very often (the PlayStation 3 and Xbox 360 remained largely unchanged for a decade), you don't price them over $500 (Sony did that initially with the PlayStation 3 and ceded the market to Microsoft), and you don't have multiple systems of the same generation in market at the same time (it confuses folks). Well Microsoft just tossed this rule book out with the Xbox One S and Project Scorpio. But I think it can actually work if the products are positioned properly. Featured Resources Advertise With Us Become a TechZone360 columnist! Become a TechZone360 columnist! Want to contribute your expertise to a growing audience of communications technology professionals? Become a writer, blogger or columnist for the TechZone360 Web site and this newsletter. Contact Erik Linask at elinask@tmcnet.com for details. |
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