What’s Going On Here? Amazon’s 4th quarter weaved beyond investors’ expectations, helping the company’s stock price punch 10% higher. What Does This Mean? Total revenue at Amazon grew 21% last quarter, much more than investors expected. The record holiday sales season probably helped, with unprecedented US store closures last year potentially leaving some Main Street shoppers…
Tag: technology
Ep 99: Farfetch Raises $250M To Grow Luxury Fashion Platform
What’s going on here? Farfetch, a luxury technology platform, has raised $125 million from Tencent and $125 million from Dragoneer through the sale of convertible senior notes. Tencent is a global technology company based in Shenzhen, China, and Dragoneer is an investment firm based in San Francisco. The journey ahead Farfetch will use the capital to…
Journal Report 6: SoftBank Is Funding Every Side of a Bruising Startup Battle
Introduction In Mexico, for two years, the legendary late-night snack spot El Moro relied on Uber Eats to deliver its churros and hot cocoa to takeout customers across the capital. Then, in late 2018, it dumped Uber for an exclusive deal with rival delivery startup Rappi. The Colombian company offered to make deliveries for 10%…
Ep 70: OK Computer
What’s Going On Here? “Just” $40 billion separates the values of Apple and Microsoft – the world’s largest and second-largest public companies. So here’s hoping Microsoft’s better-than-expected quarterly update will help it become fitter, happier, and more productive… What Does This Mean? Microsoft’s revenue and profit was higher than forecast, and the sky was the limit for the company’s…
Ep 67: How Pinterest Built One of Silicon Valley’s Most Successful Algorithms
Pinterest was built on assumptions and biases Unlike most social networks, Pinterest admits it. From the start, you tell the company how to profile you: The service asks two personal questions when you register — your age and gender — and how you answer them shapes everything that happens next. Based on your responses, along…
Ep 24: Dassault, Folks
What’s Going On Here? French tech titan Dassault Systèmes announced a $6 billion acquisition of American software company Medidata Solutions, shining a light on previously announced major marriages… What Does This Mean? “Analytics” seems to be a buzzword right now: Salesforce’s purchase helping its customers make more sales to you; Medidata’s tools helping biotech and pharma companies keep track of their drugs during clinical…
with HT 