Recent Posts

What Bezos spending $2 billion would feel like to the average American

Lindsey Wasson | Reuters Amazon founder and CEO Jeff Bezos speaks at the new Amazon Spheres opening event at Amazon’s Seattle headquarters in Seattle, Washington, U.S., January 29, 2018. Envision a world where attending Princeton University costs you about two quarters and staying in one of the most luxurious hotels …

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Microsoft acquires Lobe, A.I start-up

Lobe The Lobe team, along with Microsoft’s Umesh Madan, left; Gaz Iqbal, second from left; Kevin Scott, second from right; and Jaron Lanier, right. Microsoft on Thursday said it has acquired Lobe, a small San Francisco start-up that focuses on making it easy to train and deploy artificial intelligence models. Terms …

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Facebook looks ‘kinda cheap’ at this price and given its growth rate

Appaloosa Management’s David Tepper said Facebook’s stock looks inexpensive at its current price and that the fund has not reduced its holding. “It’s kinda cheap in this market for the growth rate. So we’re still holding on as big as we were,” Tepper told CNBC’s Scott Wapner on Thursday. “It’s …

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