(Source: WealthManagement.com) While the online retailer is considered a consumer discretionary company under existing classifications, the company has expanded into technology, grocery stores and even healthcare. “An investor who wants to gain technology exposure can do so by investing in a traditional technology sector fund, but it may have zero …
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NVIDIA’s Self-Driving Technology Continues to Accelerate
(Source: Motley Fool) Self-driving cars need to be tested in more wildly varied environments and traffic conditions than they’re currently able to get in the real world. However, the company’s NVIDIA AutoSim technology addresses this problem by allowing cars to be “driven” in a simulaton, racking up the equivalent of billions of miles on the road.
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Spotify’s Churn Rate and Inactive Subscribers: Should the Music Industry Be Concerned?
(Source: Billboard) Churn is a vital metric for measuring a SaaS company’s health, in part because it is much more expensive to acquire new customers than to keep existing ones. … The RoW is accounting for a steadily growing percentage of Spotify’s net global subscriber additions over time, clocking in at 10 percent of net new subs in 2017 …
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The best tax software
(Source: Engadget) Its biggest drawback isn’t the software itself, but Intuit’s presentation of upgrade opportunities—and, more broadly, in some of the business practices the company has engaged in since it started selling accounting software in 1983. TurboTax’s brand-name domination of the tax-return category has led Intuit to make some …
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TravelSky Announces 2017 Annual Results; Total Revenue up 8.2 % to RMB6,734.2 Million
(Source: AsiaOne) In 2017, revenue of aviation information technology (“AIT”) services increased by 10.9% to RMB3,878.5 million, accounting for 57.6% of the total revenue. Revenue of accounting, settlement and clearing services increased by 7.2% to RMB555.19 million, accounting for 8.2% of the total revenue. Revenue of system …
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SS&C Technologies (SSNC) Lowered to “Hold” at Zacks Investment Research
(Source: registrarjournal.com) According to Zacks, “SS&C Technologies Holdings, Inc. delivers investment and financialmanagement software and related services focused exclusively on the financial services industry. The Company provides a broad range of specialized software, software enabled-services and software as a service (SaaS) solutions for …
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Westpac’s Kasada deal points to ‘cyber security as a service’
(Source: The Australian Financial Review) The software, known as Polyform, stops automatic bots. This can be used to prevent malicious attacks on websites designed to break into customer accounts, and also to prevent inappropriate “scraping” of websites by competitors. It is an “out of the box” solution, for a much smaller monthly fee compared to cyber software …
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Santander to Launch Ripple-Based International Money Transfer App
(Source: Finance Magnates) Santander first invested in Ripple back in 2015 through its venture investment arm Santander Innoventures, shortly after concluding that it was only a matter of time before distributed ledger technology would be adopted by banks. Santander has collaborated with Ripple several times since then, including with a partnership …
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