All posts on February, 2017


Wall Street

Apple Goes on Record-Breaking Spree

Apple stunned Wall Street with Q1 earnings that set new quarterly unit and revenue records in key product segments, and its highest-ever earnings per share. CEO Tim Cook said the company set all-time revenue and unit records for its iPhone and Apple Watch brands, all-time revenue records for its Mac and Services businesses, and all-time revenue records for four of its five geographic sectors.

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Emerging Tech

3 Teams Qualify for Tube Test in Hyperloop Pod Competition

Elon Musk’s hyperloop dream began to take shape in reality last weekend as 27 teams, including six from outside the U.S., participated in a competition to create the mass transit vehicle of the future. The competition in Hawthorne, California, sponsored by SpaceX, which Musk founded, attracted teams made up mostly of students who created pods designed to run on hyperloop transportation systems.

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Trends

Tech Industry Gets Political

In the last decade or so, the tech industry has become increasingly political, which is different from being politicized. If I had to guess, I’d say that for the most part everyone is on the same page. However, many of the largest technology concerns have come to the realization that to protect their outlook, they need representation in Washington in the form of lobbyists.

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