- Oculus VR said Wednesday the debut consumer version of its headset will ship in the first quarter of 2016, with preorders beginning later this year (WSJ)
- Spotify, which is laying plans to enter the hotly competitive Web-video business, according to people familiar with the matter, posted a net loss of €162 million last year, compared with a net loss of €55.9 million in 2013. Revenue soared 45% to €1.08 billion from €747 million in the same period. (WSJ)
- Tesla CEO Elon Musk stated today in its first quarter earnings call that the company received more than 38,000 reservations for the Powerwall, which includes roughly 2,800 businesses looking to purchase the commercial version called the Powerpack.
Last week, Tesla unveiled two versions of the Powerwall – a 10kWh configuration that’s optimized for use as a backup system and a 7kWh designed for daily cycling. These devices go for $3,500 and $3,000, respectively. (The Next Web) - Best practices from the most active Slack users (Fast Company)
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Robinhood, a Snoop Dogg and Marc Andreessen-backed app that lets you buy and sell stocks without a fee, just raised $50 million (Business Insider)
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Alibaba, just released earnings, it announced that COO Daniel Zhang will replace Jonathan Lu as CEO. (Business Insider)
- 15 predictions Bill Gates made in 1999 that became true (WEF)
- Charlie Rose : Megan Smith, chief technology officer of the United States, on data, innovation, and women in technology.
- Shockwave of Traffic Jams
interesting times for Alibaba + future of China mobile commerce $BABA http://t.co/d68Y14YnUj pic.twitter.com/ztmwmutzoT
— Craig Bujnowski (@craigbuj) May 7, 2015
Netflix subscribers directly correlates with content investment says Ben Keen of @IHS4Tech at #fdmconf today pic.twitter.com/hNtCM8pUS0 — Amanda Russo (@amandaEMEA) May 7, 2015
Alibaba’s GMV +40% y/y + Mobile GMV +157% y/y $BABA http://t.co/qIY3vpgbXH pic.twitter.com/YhoLlMlciR
— Craig Bujnowski (@craigbuj) May 7, 2015
Early virtualization models pic.twitter.com/nz7H0PyQg7 — Benedict Evans (@BenedictEvans) May 5, 2015
The Personality of Bimodal IT: Nurture Is Stronger Than Nature http://t.co/eH2EOsYuWn pic.twitter.com/W4HrsmOtnR
— Vala Afshar (@ValaAfshar) May 7, 2015
Mobile phone evolution pic.twitter.com/BJGYyWoIXw — Vala Afshar (@ValaAfshar) May 7, 2015
2015 is everything they said it would be. pic.twitter.com/p6SbYkHpCR
— Adam Khan (@Khanoisseur) May 7, 2015
Apple’s transition from Software to Services. (Compared also to Amazon’s AWS) pic.twitter.com/M5XjSJZGWA — Horace Dediu (@asymco) May 7, 2015
I estimate Apple’s billings for content + services revenues (under Eddie Cue) are running at $8 billion/Q. pic.twitter.com/1b2BMOCe2B
— Horace Dediu (@asymco) May 7, 2015
Americans spend more on the lottery than live professional sports, books, video games, movies + music.. combined pic.twitter.com/IQm3EvUYk2 — Joe Rizk (@jfrizk) May 6, 2015