Venture Beat News & Views

Updated 5 days ago   More news & views
The Rise, Fall, And Rise Of The "Steve Jobs Of Denim" External-link
In the 1990s, hip-hop stars everywhere wore Maurice Malone's clothes. By 2001, he was broke. But his new venture is simplicity itself: quality jeans at a reasonable price. Maurice Malone walks into a café in Williamsburg, Brooklyn, his home and base of operations for nearly 20 years, looking suitably stylish. Soo...
Tesla's Stock Is On A Tear – Up 25% (TSLA) External-link
Tesla's stock is up a whopping 25% today after the green automaker beat earnings expectations yesterday. Tesla reported its first ever quarterly profit. It announced earnings of $0.12 per share, beating expectations for $0.03 per share. Revenue jumped 83% from the last quarter to $562 million. People have been conce...
Browse Related Topics:   Tesla Facebook Market Watch Tesla More    
Stocks pull back on Wall Street External-link
The stock market pulled back Thursday as investors became harder to please.Even a decline in the number of Americans applying for unemployment benefits failed to give stock prices a big boost. Markets drifted lower in early trading, then ticked higher in the early afternoon.Unemployment claims dropped to a five-year...
Tesla Smashes Earnings And Revenue Expectations (TSLA) External-link
Tesla reported adjusted earnings of $0.12 per share, on revenue of $562 million. This beat expectations of $0.03 per share. Sales expectations were up 83% from the last quarter. This is Tesla's first profitable quarter. The stock is up over 13% in after hours. The company expects to build over 5,000 model S units ...
Browse Related Topics:   Tesla Facebook Tesla Tsla More    
Reuters – Sumitomo to Buy Up to 40% of BTPN External-link
Sumitomo Mitsui Banking Corp. said it agreed to acquire as much as 40 percent of Indonesian lender BTPN, giving the Japanese bank a foothold in the fast-growing Southeast Asian economy, Reuters reported. SMBC's pursuit of Indonesia's seventh-biggest bank underscores a sustained push abroad by Japanese companies to b...
Fossil Stock Surges On Q1 Profit Beat, Raised Guidance External-link
Fossil saw its shares climb 7.62% in the stock market today. in early trading Tuesday after the fashion accessories designer and retailer reported first-quarter earnings that handily beat views and raised its full-year guidance. Fossil (FOSL) said adjusted earnings rose 16% to $1.08 a share, well ahead of forecasts ...
Browse Related Topics:   Spanish Fosl
Valve experiments with players' sweat response, eye-tracking controls for future game design External-link
Valve has a surprisingly varied staff roster. Mike Ambinder is the company's very own experimental psychologist and he's been outlining some of Valve's work with biofeedback technology, including eye-motion controls for Portal 2 and perspiration-based gaming adjustments on Left 4 Dead. Mentioning these developments ...
Browse Related Topics:   Portal Valve Venture Beat Left
What The World's Biggest Apple Fanboy Has To Say About His New Job At Google (GOOG) External-link
MG Siegler, the TechCrunch columnist and venture capitalist known best for his unabashed pro-Apple bias, spurred a lot of discussion (and mockery) Monday when he announced he was departing Michael Arrington's VC firm CrunchFund for Google Ventures. The irony wasn't lost on us: the idea of a part-time Apple blogger w...
Tumblr Has A Huge, Fate-Deciding Board Meeting Today – Here Are The Topics External-link
Yesterday morning was a fateful morning for Tumblr, the New York-based blog-hosting startup valued by investors at $800 million. Today is going to be even bigger. Tumblr has been looking for a COO for CEO and founder David Karp for many months now. They want a "Sheryl Sandberg" &ndas...
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