Bloomberg Weibo Corp. has more than doubled this year as steady user growth and an improved sales outlook have lured investors to the Chinese social media. Short sellers are becoming increasingly convinced the stock has peaked. Bearish bets on Weibo, the Asian nation’s answer to Twitter Inc., are at the highest ever, even after the company reported earnings that ...
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Livestreaming apps beyond Facebook Live
AP Live video is growing more popular as a way for families to share big moments with faraway loved ones and for artists and athletes to connect with fans. Livestreaming has also made the news in recent weeks as House Democrats used Periscope to broadcast a sit-in over gun control after the Republican majority cut off television cameras. It ...
Read More »Pokemon hunt leads to glory for Niantic
Bloomberg Born in Google’s shadow, Niantic strode into the spotlight with a mobile internet spin on hunting Pokemon but can the obsession with the game lead to long-term financial success? Niantic founder and chief executive John Hanke has told a story of naming the company after a whaling ship abandoned in San Francisco Harbor by crew members who rushed ...
Read More »â€˜Remotes are hackable on many vehicles’
Bloomberg A group of computer security experts say they figured out how to hack the keyless entry systems used on millions of cars, meaning that thieves could in theory break and steal items without leaving a broken window. The experts say that remote entry systems on millions of cars made by Volkswagen since 1995 can be cloned to permit ...
Read More »Pokemon not welcome at Cambodia’s genocide museum
Bloomberg The game “Pokemon Go” has caused distress in Cambodia, where some smartphone-wielding players have been chasing its virtual characters at a genocide museum that was a torture center in the 1970s. Tuol Sleng Genocide Museum director Chhay Visoth said Wednesday that he has posted signs at the site’s entrance and inside banning the popular game, which made its ...
Read More »Smiley faces at small company making popular emoji apps
AP Mobile apps that allow users to create their own emojis or share the stylized images of NBA star Stephen Curry and other celebrities are paying off for a small upstate New York company. Moji Maker— with its mix-and-match menu of happy, angry or goofy faces — was the No. 2 paid app on the iTunes chart as of ...
Read More »Netflix fueling yet another record year of TV shows
Bloomberg The TV industry will make a record number of shows in 2017, as streaming services Netflix, Amazon and Hulu propel a swell in production that’s creating an oversupply, veteran Fox executive John Landgraf said during his semiannual presentation for critics. TV networks will make 500 original scripted shows in 2017, almost 20 percent more than the 419 produced ...
Read More »Self-driving cars spur heavy auto deal traffic in Silicon Valley
Bloomberg The auto industry’s self-driving revolution has spurred the biggest two years of car-supplier takeovers in a decade, with more coming as parts makers struggle to keep up with the pace of technological transformation. The total value of automotive-supplier deals in 2015 and 2016 was $74.4 billion, according to data compiled by Bloomberg, with each of those years far ...
Read More »Amid hunt for next ‘Thrones,’ Time Warner CEO charts TV’s future
Bloomberg Few media executives have embraced television’s digital future more than Jeff Bewkes. The chief executive officer of media giant Time Warner Inc. was an early promoter of making shows available anytime on any device. He’s started selling HBO to cord-cutters who don’t pay for cable. And this week, Time Warner bought a 10 percent stake in Hulu LLC, ...
Read More »Apple to plan first pro laptop overhaul in four years
Bloomberg Apple Inc. is preparing the first significant overhaul of its MacBook Pro laptop line in over four years, according to people familiar with the matter, using one of its older products to help reverse two quarters of sliding sales. The updated notebooks will be thinner, include a touch screen strip for function keys, and will be offered with ...
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