Category: Business

Business Cloud Entertainment

Netflix begins raising prices, but current users get a two-year freeze (update)

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As reported on Engadget. BY MATT BRIAN Remember that Netflix price hike we were warned about? Well, it’s finally happening, and it’s affecting potential streamers across Europe. We say potential because although the cost is rising by £1 and €1 in the UK and across Europe, to £6.99 and €8.99 respectively, it’ll only affect those signing up for the first time. The good news is that if you’re already a Netflix subscriber, you’ll pay the same amount you…

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Business Politics

HANA Visionary Vishal Sikka Resigns From SAP

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As reported on TechCrunch. by Ron Miller This afternoon, SAP announced in a statement that Vishal Sikka, Executive Board Member for Products and Innovation, has resigned for personal reasons. The resignation was effective immediately. At the same time, SAP named a couple of new executive board members, including Robert Enslin and Bernd Leukert. The news could indicate some disarray or possibly a power struggle at the software giant, especially coming so close to itsSAPPHIRENow Conference, which is scheduled…

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Business Culture Random

High rollers: Las Vegas is poised to become the Disneyland of weed

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As reported on The Verge. By Lessley Anderson Cannabis entrepreneurs fight to stake their pot leaf in the world’s biggest tourist destination They won’t have neon signs, drive-thru windows, or 24-hour wedding chapels attached to them. But Las Vegas marijuana dispensaries will be massively profitable tourist attractions that could deepen the entire nation’s relationship with weed. At least that’s the hope of the 109 applicants who entered the heated competition for Vegas’ first medical marijuana dispensary…

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Business Microsoft

Good luck, Microsoft: Nokia’s phone sales are down 30 percent

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As reported on Engadget. BY DANIEL COOPER Nokia, at least in the form that we once knew it, is no more. The handset business has been cleaved off and sold to Microsoft, but that union isn’t beginning on a happy note. In Nokia’s final earnings report as an independent phone manufacturer, the outfit revealed that it isn’t just feature phone sales that are dwindling, but that people are spending less on Asha andLumia handsets too. In fact, the company’s overall…

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Apple Business Retail Sales

Apple’s MacBook Air is now $100 cheaper and has a slightly faster processor

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As reported on Engadget. BY SEAN BUCKLEY Been waiting for a MacBook Air refresh? Breathe easy, friend, because one has arrived — well, sort of. Cupertino has quietly updated its online store with a familiar looking ultraportable, matching last year’s model almost spec for spec: 4GB of RAM, 128 or 256GB of flash storage, a 1,440 x 900 resolution display, Intel HD 5000 graphics and a slim wedge frame with all the trimmings — Thunderbolt and USB 3.0 ports…

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Business

Five Hard Things That Great VCs Do

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As reported on TechCrunch. by Mike Driscoll The Screen That Doesn’t Scream Editor’s note: Mike Driscoll is founder and CEO of Metamarkets and partner at Data Collective. In Ben Horowitz’s The Hard Thing About Hard Things, he recalls a conversation in 1999 where one of his investors asked coldly: “When are you going to get a real CEO? Someone who has designed a large organization, someone who knows great senior executives and brings pre-built customer relationships, someone who knows what they are doing.”…

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Apple Business

Tim Cook says Apple is ‘closer than it’s ever been’ to new product category

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As reported on The Verge. By Jacob Kastrenakes Apple is “closer than it’s ever been” to entering into a new product category, company CEO Tim Cook tells The Wall Street Journal. Apple has been regularly promising to enter into a new product category for some time now, with Cook perennially reiterating that it would happen this year. Now, in a conversation with the Journal, he continues to lay out familiar reasons for the time-consuming development process — “you want to…

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Automotive Business

FTC: State bans on Tesla’s direct sales model are hurting competition

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As reported on Engadget. BY JON FINGAS Tesla has just gained a valuable ally in its battle to sell cars directly to customers: the Federal Trade Commission. The regulator now argues that state bans on direct sales are “protectionist,” propping up the traditional dealership business model rather than protecting companies from unfair abuses by automakers. It’s the “competitive process” that should decide which sales model is better, not the law. The FTC also doesn’t buy the notion that Tesla’s modest US…

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Business

Weed greenhouses are so hot right now

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As reported on The Verge. By Lessley Anderson They’re cost-effective, eco-friendly, and produce mass quantities of chronic RiverRock is a marijuana company in Denver, CO, that was founded in 2009 by an enterprising medical malpractice attorney some four years before recreational weed become legal in the state. Today, RiverRock operates two dispensaries, grows its own, and makes edibles, extracts, and concentrates. It used to cultivate all its cannabis indoors — a quantity John Kocer, RiverRock’s CEO, wouldn’t…

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Business Cloud Google

The Dawn Of Cloud 2.0 And Why Google Started A Price War

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As reported on TechCrunch. by Peter Relan Editor’s note: Peter Relan is serial entrepreneur-turned-founder of two incubators: YouWeb(focused on gaming), and Studio 9+ (focused on big data, IoT, wearables, and P2P marketplaces). His incubations include OpenFeint, Crowdstar, Hammer and Chisel, Spaceport, and Agawi. Prior to founding his incubators, Peter held founding roles at Webvan and Business Signatures, as well as executive roles at Oracle and HP. Google recently announced up to 85 percent reduction in pricing for its PaaS and BigQuery services. Soon…

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