Tech 3 April 2018

Why an internet sales tax would harm small businesses more than Amazon

The problem with Internet sales taxes is that they’re anti-competitive, says Jessica Melugin.

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Snap is in talks to set up shop in Saudi Arabia

The company is also developing a content deal with one of Crown Prince Mohammed bin Salman's foundations to teach Saudi youth how to use Snapchat, according to a source.

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Shares of cryptocurrency play Longfin drop 30% after disclosing SEC investigation

The SEC informed Longfin on March 5 that the agency is investigating trading in the company's shares and requested documents related to its IPO and acquisition of blockchain-related firm Ziddu.com, according to a required 10-K filing Monday.

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Tesla missed its Model 3 production target of 2,500 vehicles a week, but stock popped anyway

Tesla made 2,020 Model 3's in the last week of the quarter, and said it will not need an equity or debt raise in 2018.

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Snapchat finally gets group video chat

You can now video chat with 16 of your friends at once using the platform.

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Disregard Trump's Amazon 'chatter' and buy shares, Wall Street analyst says

Tax changes at Amazon would have "limited impact" on the e-commerce company's profits, Piper Jaffray told clients Tuesday.

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Spotify relies on the big labels for most of its music. It thinks that will change.

The streaming music company wants to get more music — and more profitable music — from the little guys, Recode reports.

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Amazon could 'take Google to the cleaners' in retail search with a $20 billion ad business, analyst says

Amazon's nascent advertising business could be worth around $20 billion in 2020, media analyst Alex DeGroote says.

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Bank of America says buy Nvidia into the tech slide because a big year for chipmaker is ahead

Bank of America Merrill Lynch reiterates its buy rating for Nvidia shares.

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Panera Bread's website reportedly leaks customer records

Bakery-cafe chain Panera Bread's website leaked customer records for at least eight months, cybersecurity blog KrebsOnSecurity reported on Monday.

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Bitcoin had its worst first quarter in history with over $119 billion wiped off its value

Ripple or XRP was the worst-performing cryptocurrency out of the top three in the first quarter of 2018, down 77 percent.

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If Spotify's unusual debut works, it could mean trouble for Wall Street's IPO hype machine

Spotify's direct listing avoids all the regulatory hassles and expensive bankers that are the hallmarks of IPOs.

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Tech stock prices were ‘not real life’ — and the correction has only just started, expert says

After a year of record highs, tech stocks may have more pain ahead amid Trump Twitter anger amd fears of regulation.

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Founders of a cryptocurrency endorsed by Floyd Mayweather charged with fraud by SEC

The two founders of a cryptocurrency firm called Centra have been charged with with carrying out a fraudulent ICO by the SEC.

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Stocks could soon see another 10% correction as investors face 'time of reckoning,' analyst warns

Overvalued stocks and the prospect of rising U.S. interest rates will soon trigger another stock market correction, according to one market analyst.

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Here's why Facebook should consider a 'Why Me?' button

The internet giant has plenty of problems to fix. Explaining why particular ads are presented to users would be a good start.

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Japan's Monex considering to buy cryptocurrency exchange Coincheck

Japanese online broker Monex Group Inc said on Tuesday it is considering buying Coincheck Inc.

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