Chinas sweeping antitrust clampdown

China is preparing a substantial fine for Tencent Holdings (0700.HK) as part of its sweeping antitrust clampdown on the country’s internet giants, but it is likely to be less than the record $2.75 billion penalty imposed on Alibaba earlier this month, two people with...

Monetizing Memes with Venture Capital

  Turner Novak is monetizing memes with venture capital If you’ve been anywhere near tech Twitter over the past year, you’ve seen a viral tweet from Turner Novak. The 30-year-old investor pumps out investment memes and conjures up hysterical parodies: Don’t let the...

Worry About the Real Stuff

  “A ship in harbour is safe, but that is not what ships are for..” This morning: There are plenty of positive news stories emerging as the global economy reopens, but also an increasing number of real-world tangible threats emerging. The Pandemic has affected...

Google banks big in post-pandemic-peak Q1 earnings

KEY POINTS Alphabet reported big beats on earnings and revenue for Q1. The stock rose more than 4% in after-hours trading. YouTube ad revenue grew nearly 50% year over year. Alphabet reported huge beats on its top and bottom lines for its first quarter of 2021, as...

All-electric pickups are almost here

  Back in 2019, Ford had its prototype all-electric F-150 pickup truck tow a double-decker, 10-car freight train filled with 42 other F-150s. Not to rain on Ford’s parade, but apparently towing a train isn’t hard to do, though it’s still insanely cool and represented...
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