Fitbit has been on a rollercoaster of success and uncertainty since releasing their first step tracker all the way back in 2007, and now the fitness tech icon may be looking for a potential buyer. This comes after Fitbit cut its 2019 revenue forecast after sales of its newest wearables (namely the Versa Lite) were below expectations. Read More
In the wake of a record $5 billion EU antitrust fine, Google parent company Alphabet was still able to post a 25% increase in revenue at the end of Q2 (against that same period last year). Financial results for the third quarter of 2018 are in and despite strong profits, Alphabet missed its targets and share prices fell somewhat. Read More
Most of our readers should probably be familiar with MoviePass—if not for the company's movie ticket-accessing subscription service, at least for its presence in the news for the last few days. If you'll recall, MoviePass owners Helios and Matheson Analytics Inc. recently performed a reverse-split for the company's shares to drive up stock prices, but not with much success. More recently, everyone's favorite $6.95 a month service ran into a bit of a snag last night, resulting in a date night-stopping outage. Turns out, that's because the company literally just ran out of money. After borrowing $5 million to turn the lights back on, stock for the parent company took a nosedive to $1.98 (at the time of writing), down 70% over the last 24 hours. Read More
Facebook has been an omnipresent part of American news for what seems like all of 2018, and rarely with a positive connotation. Based on the company's recent second-quarter financials, Facebook has a more conservative outlook on the future, expecting revenue growth to decline in the coming years. The company is quick to externalize blame for this, pinning its expectations for the decrease on currency markets projections and pesky privacy-enhancing regulations like GDPR.
In an understandable development at the announcement, Facebook's stock has taken a tremendous nosedive, down nearly 20% at peak. Read More
Google parent company Alphabet just announced financial results for the first quarter of 2018, and the news is good across the board. The company took in a whopping $31.15 billion over the three-month period ending March 31st, which is a 26% increase of Q1 of 2017. After expenses, Google had $9.4 billion in net income for Q1. Read More
Google has been pushing out new updates to its self-named app with unusual vigor over the last few weeks. Despite an aggressive release schedule, there are still quite a few additions and clues about future changes. The latest update actually brings some visible changes if you look into Actions on Assistant; but more importantly, there are a handful of clues about future enhancements to Actions, the home screen widget, and more. Read More
OnePlus' 5T has been in and out of stock at the company's website for the last couple weeks, and it turns out that's not a fluke. Engadget has confirmed that the company has run out of all its North American stock in just four months. If you didn't manage to grab one new from the OnePlus store, 3rd party resellers and used phones are now your only option. Read More
We heard of Google Finance's complete overhaul a few days ago, but it seems that hints of the new design could be hiding in Google's latest stocks card interface. If you search for any stock value on Google, it provides you with a card that details its price history, performance, and provides comparison against other stocks and news.
Now that interface has changed. Instead of one long page where you scroll down to each separate section you have 4 tabs for Overview, News, Compare, and Financials. The blue line in the graph has also been replaced by a filled green one, and the different history periods are now tappable buttons instead of tabs. Read More