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These Companies Were Non-Existent When President Obama Took Office; Today They Are Worth Billions
Monday, December 19, 2016 - 4:38pm | 264Read More...President Barack Obama's second term will come to an end in just a few short weeks. CNBC took the opportunity to list several companies that are now valued at more than $1 billion — dubbed "unicorns" within the venture capital community. These are all impressive stories of entrepreneurship...
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Fear Of Commitment? Millennials Prefer To Lease Over Buying Their Cars
Thursday, September 29, 2016 - 2:50pm | 356Read More...Millennials are a stereotyped demographic. They have been said to have a fear of ownership when it comes to large-scale purchases, from home buying to car buying. Certainly, it appears this group has a fear of commitment. Automakers have long worried that millennials were not interested in car...
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Airbnb Worth $30 Billion After Latest Funding Round
Thursday, September 22, 2016 - 3:49pm | 222Read More...Just how Uber revolutionized the ride-sharing economy, Airbnb has had a similar impact on the hospitality industry, making these two companies the most influential pre-IPO unicorns. Airbnb has exploded in popularity as people are becoming more and more comfortable with the concept. In areas...
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6 Degrees Of Self-Driving Separation
Wednesday, August 24, 2016 - 12:48pm | 505Read More...The six degrees of separation theory is a theory that each person in the world can be connected to every other person in the world in only six steps. The same theory could easily apply to the self-driving car industry. In fact, all the major players in autonomous driving can be connected in much...
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Starbucks + Lyft = Win-Win?
Wednesday, August 10, 2016 - 3:31pm | 374Read More...Starbucks Corporation (NASDAQ: SBUX) announced a partnership with ride sharing service Lyft to increase business on both ends. The coffee giant will start selling $20 Lyft gift cards at participating stores to increase visibility of the company. A peculiar move, since Lyft and Uber's...
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Is The IPO Market Set To Heat Up?
Monday, August 8, 2016 - 4:16pm | 218Read More...While the IPO market has been struggling recently, the market is starting to shift, however, and with the recent success of Twllio Inc(NYSE: TWLO)'s recent public offering we could see several new tech IPOs in the near future. The number of companies going public hit a 7-year low in Q1 of 2016,...
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Bike-Sharing Program Gains Popularity Thanks To Detroit
Monday, July 18, 2016 - 10:09am | 272Read More...Car sharing programs, like Uber and Lyft, continue gaining in popularity. Meanwhile, bike sharing programs are flying under the radar, and one company in Detroit is looking to change that. Zak Pashak, a 36-year-old in Detroit, is overseeing a bicycle manufacturing facility he opened in 2013. At...
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Amazon Moves Cloud Service Focus From Startups Like Lyft To Big Enterprises Like Netflix And Capital One
Thursday, July 14, 2016 - 2:26pm | 346Read More...According to the report published Wednesday, Pacific Crest analysts (after attending the summit in Santa Clara) believe Amazon.com, Inc. (NASDAQ: AMZN)'s Amazon Web Services (AWS) continues to capitalize on the multiyear secular shift to cloud platforms. "While AWS remains a key enabler within the...
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Ride-Sharing Apps Gaining In Popularity, But New York City's Taxi Industry Is 'Far From Dead'
Monday, July 11, 2016 - 2:53pm | 343Read More...Adam Jonas of Morgan Stanley took a deep dive into the taxi and ride-sharing space to see exactly how much of a disruption Uber and Lyft are to the traditional taxi industry. Jonas' new "Taxi and Ride-share App Monitor" (TRAM) examines the detailed monthly report from New York City's Taxi &...
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New Data Show Uber Is The Most Dominant Ride-Sharing App
Monday, July 11, 2016 - 1:22pm | 277Read More...There’s no question that Uber and other ride-sharing companies have completely transformed the transportation business. However, the latest data from New York City’s Taxi & Limousine Commission (TLC) highlights just how rapidly these services are growing. According to the TLC, Uber...
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The Organic Food Delivery Service That Wants To Take Down Whole Foods And Amazon
Thursday, June 30, 2016 - 4:08pm | 673Read More...If you’ve been to a grocery store at any point this decade, you may have noticed organic foods are incredibly popular. According to the Organic Trade Association, Americans spend over $43 billion on organic food each year. And in 2015, the number of organic businesses in the United States...
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Hertz Just Locked Down Rental Deal With Both Uber And Lyft
Thursday, June 30, 2016 - 8:43am | 434Read More...Shares of Hertz Global Holdings Inc (NYSE: HTZ) surged higher by more than 7 percent early Thursday morning after the company announced it has reached a rental deal with both Uber Technologies and Lyft — the two most popular ride sharing platform. Hertz announced in a press release it reached...
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Lyft Hires Investment Bank Qatalyst Partners
Tuesday, June 28, 2016 - 12:42pm | 134Read More...The Wall Street Journal reported ride share service Lyft has hired Qatalyst Partners to contact automakers about acquiring a stake in company. Lyft said after its most recent funding round in January it was valued at $5.5 billion. Qatalyst acted as advisor for Microsoft's acquisition of...
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Social Data Forecasts Growth Of Fresh Grocery Delivery
Tuesday, June 21, 2016 - 11:10am | 332Read More...According to the latest data from TickerTags, fresh grocery delivery could become more commonplace in years to come. TickerTags monitors social media sites to identify trends by searching for words and phrases that appear together in social media content, such as tweets. Amazon.com, Inc. (NASDAQ:...
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Wal-Mart Teams With Uber And Lyft To Deliver Groceries To Your Home
Friday, June 3, 2016 - 11:57am | 306Read More...Wal-Mart Stores, Inc. (NYSE: WMT) has partnered with ride-sharing firms Uber and Lyft to test grocery delivery service for its online shoppers, a move that aims to compete with the last mile delivery program of Amazon.com, Inc. (NASDAQ: AMZN). Walmart is expected to start tests of grocery...















