Apr 30, 2013, 4:00 pm EDT
If you take a look at Apple’s (NASDAQ:AAPL) App Store, you won’t see too many highly ranked apps for investing. Of course, those that are from banks like JPMorgan (NYSE:JPM), Wells Fargo (NYSE:WFC) and Bank of America (NYSE:BAC) — financial institutions with huge customer bases (and thus marketing dollars) that can be leveraged to get high rankings.
But a Silicon Valley startup, Robinhood, wants to change things up, and has just launched a cool app that helps you make better investment decisions.
Robinhood tracks all the stock picks of its users, then uses a Big Data system to discover the top investors. Read
Apr 30, 2013, 1:54 pm EDT
In the coming years, technology will start to invade more traditional products. More cars will have LTE capabilities. Refrigerators will be connected to the Internet. Tech even will become part of our everyday attire — just look at the head of steam Google (NASDAQ:GOOG)’s getting behind its Google Glass.
That last item is part of a trend known as “wearable tech.”
Numerous companies are pushing hard to innovate in this field, though perhaps one of the most notable is a company called Jawbone. Read
Apr 29, 2013, 3:49 pm EDT
Given the horrible performances of Facebook (NASDAQ:FB), Groupon (NASDAQ:GRPN) and Zynga (NASDAQ:ZNGA), there has not been much activity with social IPOs. Instead, investors seem more interested in enterprise cloud operators, as seen with hot deals like ServiceNow (NYSE:NOW) and Workday (NYSE:WDAY).
Still, at some point, it’s inevitable that we’ll start seeing social IPOs hit the market again — especially those that have a mobile-first focus.
One good possibility: Shazam. The company has an app that allows your phone to recognize a song or TV show by hearing the lyrics or grabbing a screen capture. From there, you can get more information and find similar content. Read
Apr 29, 2013, 1:52 pm EDT
If there’s one thing Facebook (NASDAQ:FB) has never had a problem with, it’s attracting users. The social networking now has more than 1 billion of them, and for the most part, they like to keep coming back to the site every day.
But lately, rumors have been buzzing that Facebook is losing its “cool” factor and could even be experiencing a slowdown in user growth.
Just look at a recent piece from The Guardian. There are some interesting data points — referencing analysis from Social Bakers (a social analytics firm) — that show big problems in developed markets. Read
Apr 29, 2013, 1:13 pm EDT
If you were alarmed by last week’s shutout in the IPO column, don’t worry — Wall Street is still putting deal together.
In fact, six offerings are planned for the next five days.
However, something you should worry about is how these IPOs might do; many of them (specifically the smaller operators) could face rough waters, especially if the markets continue to be volatile. Read