Ford And Google Sign Six-Year Deal For In Car Connectivity And Cloud Services

Ford and Google are entering a six-year deal that will make the tech giant responsible for much of the automaker’s growing in-vehicle connectivity. Google will also provide cloud computing and other technology services. The partnership announced Monday is designed to streamline Ford’s operations and accelerate an ongoing $11 billion restructuring plan. It marks a major…

How to Make an Ecommerce Career Work for You

If you’re ready for a career change and have ever thought about opening your own business, now may be the perfect time to do so. Ecommerce has experienced substantial growth over the last four years and is expected to nearly double by 2021. While sites such as Amazon, Wayfair, and Zulily dominate the market, small…

Dragonchain Awarded Patent for Blockchain Powered Loyalty System

Dragonchain, an enterprise blockchain-as-a-service provider originally developed out of a Disney technology incubator, was awarded a patent for a loyalty system that tracks and monetizes time on the blockchain, according to documents published by the U.S. Patent and Trademark Office (USPTO). The patent, titled security systems and methods based on cryptographic utility token inventory tenure,…

Facebook Sets Up Libra Networks in Switzerland

Facebook has reportedly set up a fintech company dubbed Libra Networks in Switzerland. The move clearly correlates with the social media giant’s Project Libra. According to Reuters, the focus of the fintech is on the blockchain, payments, data analytics, and investing. Libra Networks, which was registered in Geneva on May 2, will provide financial and…

How TripAdvisor changed travel

Should one be so unlucky as to find oneself, as I did, lying awake in bed in the early hours of the morning in a hostel in La Paz, Bolivia, listening anxiously to the sound of someone trying to force their way into one’s room, one could do worse than to throw a chair under…

How is Best Buy Thriving in the Age of Amazon

In Best Buy’s perfect world, all 380 of its new “in-home advisors” would park their clean, white Priuses in front of a customer’s house rather than in the driveway, where the car could block others. They would quickly appraise the neighborhood, survey the landscaping, and see if a security system is in place. After knocking…

Microsoft and Walmart Team Up to Take On Amazon

Walmart has plenty of competition, but you could argue that its only real rival is Amazon.com (NASDAQ:AMZN). And the two massive retailers are engaged in a technological arms race to make shopping as easy and convenient as possible for customers. That’s an area where the e-commerce leader has had an edge. Because Amazon started as…

How Amazon Rattles Other Companies

Amazon’s ambitions have few limits, and the mere specter of its entry into a particular industry can shape markets. When the company has appeared interested in expanding into a new business, it has spooked investors in potential competitors, leading to large sell-offs. The most recent example: Amazon, along with JPMorgan Chase and Berkshire Hathaway, announced…

Microsoft and Google Trying to Catch Amazon in the Cloud

It’s hard to think of a business Amazon.com Inc. dominates as convincingly as the market for cloud computing services. Andy Jassy, chief executive officer of the company’s cloud division, Amazon Web Services Inc., likes to brag that his outfit has several times as much business as the next 14 providers combined. Amazon’s next-largest cloud competitor,…

A Thesis on the US Airline Industry

The premise of our investment is simple: The next few quarters are uncertain at best, but I believe that industry demand and earnings will be far higher over the next several years. The question, then, is whether certain individual businesses have the resilience to reap the benefits of that growth, and whether the offered price…