2016
Pinterest creates content destination, “Explore”
Pinterest is developing a media section called “Explore”; it will include video and multimedia content. The move opens up the opportunity for more video advertising on the site. Advertising Age (free-article access for SmartBrief readers) […]
Tesla/Nvidia Autopilot A Win For Both Companies
Tesla has confirmed that effective immediately, Autopilot will be based on Nvidia hardware. Tesla also claims that the hardware will be sufficient to support fully autonomous operation in about two years. The switch from Mobileye […]
Dyn, an internet traffic company, was hit with a distributed denial of service attack today
The company has been hit more than once by the coordinated attack and the Department of Homeland Security is now looking into the situation. This is something that’s hard for investors to prepare for, it […]
China’s yuan plummets to 6-year low
China’s yuan fell 0.2% against the US dollar in Shanghai trading Thursday, taking it to its lowest level in six years after the People’s Bank of China made the biggest cut in the currency’s reference […]
Morgan Stanley stands to collect $120M if Bayer closes its $57B takeover of Monsanto
Morgan Stanley (NYSE:MS) stands to collect $120M if Bayer (OTCPK:BAYRY) closes its $57B takeover of Monsanto (NYSE:MON), which would be the second-largest deal fee for a single bank on record. The payout is a bright […]
Ericsson’s shares were -4.7% premarket after reported a Q3 net loss of $26M
Ericsson’s shares were -4.7% premarket after the telecom-network provider reported a Q3 net loss of 233M kronor ($26M), more than double estimates of 112M kronor. Last year the company made a profit of 3.1B kronor. […]
Daimler’s Q3 net profit climbed 8.8% to €2.595B
Daimler’s Q3 net profit climbed 8.8% to €2.595B, boosted by strong sales of the German car company’s new Mercedes-Benz E-class models and sport-utility vehicles. Daimler’s (OTCPK:DDAIF) revenues grew 4% to €38.6B, pretty much as expected, […]
SAP’s Q3 adjusted operating profit rose 1% to €1.64B as revenue climbed 8%
SAP’s Q3 adjusted operating profit rose 1% to €1.64B as revenue climbed 8% to €5.4B and topped forecasts of €5.3B. SAP (NYSE:SAP) obtained over 400 new customers for its flagship S/4 Hana cloud platform, with […]