April 23, 2019
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Apple Pay,
JCPenney
JCPenney quietly ditched Apple Pay this month. The decision was announced in response to a customer complaint on Twitter, but without any context or further explanation at the time. JCPenney had first rolled out Apple Pay into testing in 2015, then expanded to all its U.S. stores the following year, and later to its mobile ...
April 23, 2019
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robotaxis,
Tesla
Tesla expects to launch the first robotaxis as part of broader vision for an autonomous ride-sharing network in 2020, CEO Elon Musk said during the company’s Autonomy Day. “I feel very confident predicting that there will be autonomous robotaxis from Tesla next year — not in all jurisdictions because we won’t have regulatory approval everywhere” ...
April 23, 2019
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Netflix,
Revenue
Earlier this week, Netflix (NASDAQ: NFLX) reported another quarter of impressive revenue growth. Revenue and subscriber gains both modestly outpaced the guidance that management provided back in January. That said, it is clear that Netflix’s growth rate is finally slowing after years of rapid expansion. Rising competition from Walt Disney (NYSE: DIS) and others — ...