Tag Archives: Google

Taxidrivers could become extinct

If you work as a taxi driver you must have a plan B, because someone out there will change the game. Thousands of taxi drivers will be replaced by robots. The driverless cars is one of the biggest and fast growing technology trends at the moment.

Goolge have been working on a driverless car for some years now, and many others are working with the same case. Google said they will be ready for the mainstream market in about five to ten years, but driverless cars is in use already today!

Google-Driverless-Car-picture

The UK government is pouring about $30 million into those driverless cars, and Britain have real driverless cars on real roads in four different places in the country today, right now. “An essential part will be an effective and fast communication between cars, and between cars and existing and future roadside infrastructure,” said Dr Evtim Peytchev, of Nottingham Trent University.

Business Secretary Vince Cable, backing driverless car trials in four cities, believes driverless transport could become a £900 billion industry worldwide by 2025.

Google is not alone on the market for this new technology trend.

Audi`s next generation A7 is on the road today, and Mercedes, BMW, Volvo and Toyota are working to make a big advantage in the new auto market. But what`s funny is that some of the innovative companies in this new market isn`t real car company`s.

One of them is Google, but Apple is also on this trend now.

Google`s driverless cars have traveled thousands of miles and most importantly; without an accident! Awesome.

One of the biggest privately held technology company`s is Uber, which I have talked much about in my recent articles. Google venture is not only investing in real hi-tech company`s, and it is no secret that Google have invested huge amount of money in Uber. A company that is taking the world by storm right now.

Uber have so far made many taxi drivers angry, and Uber have disrupted the old traditional taxicab market already. This is just the beginning. Uber and Google will shock the market again, but this time it will be critical for the taxi drivers. Reason: driverless cars + Uber. What a mix. But there is a drawback; Uber and Google may have a conflict of interests, because Google is so far along on the ride-sharing portion of this combination.

Taxidrivers will be history.

Your cab in the future will be a smart phone on four wheels.

Taxidrivers have been angry about Ubers innovative business model, but what are they gonna do when the driverless cabs comes to the market? They will be fired. You think that a human/taxi driver is better and safer than a computer but it isn`t. A «driver» is safer on the road than a human/taxi driver.

The driverless cars will make peoples`s life easier and cheaper. CEO`s and other workers can use the new car/cab as an office instead of driving the car. Some companies will organize driverless carpools for their employees if they work overtime.

Parents can send their kids to the school and other activities without a driver/busy parent.

They say it is safe, but is it 100% safe? What if the driverless car crash. Who are responsible? Who can you blame on?

According to The New York Times, policy makers and regulators have argued that new laws will be required if driverless vehicles are to become a reality because “the technology is now advancing so quickly that it is in danger of outstripping existing law, some of which dates back to the era of horse-drawn carriages”.

 


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Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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Tech Rally today

Nasdaq had a bad day yesterday and slid -1,89%, but the major index is the only one that is in positive territory for the year. One of the biggest losers on Nasdaq yesterday was Microsoft. Down -9,25%.

Microsoft reported earnings of 72 cents per share on $26,47 billion in revenue for the second fiscal quarter, but the revenue was better than analysts estimations. The negative is the weaker than expected Windows non-Pro revenues which is down -13% YoY, and the commercial license declined 2%.

msft

(Picture: Microsoft down -9,25%)

CEO Satya Nadella said it doesn`t take much longer time to successfully transition from a licensing sales focused firm into a software as a service firm. Microsoft`s cloud business doubled and came in on $5,5 billion i sales. Xbox sales fell to 6,6 million units (from 7,4 million) in sales.

Caterpillar was another big company that slid yesterday. Down -7,18%. The company delivered a shockingly weak outlook for this year and investors got scared. It seems like Caterpillar is in big trouble.

Analysts expected earnings of $1,55 a share but it fell about 20%, landing on $1,23 a share. Its Q4 operating profit slumped 27% YoY. Lower oil prices is negative for their construction business. Caterpillar lowered its 2015 sales expectations for mining and construction equipment, and that was not music in investors ears.

Good news is coming later today. First of all; Alibaba is coming out with the second report as a public company. The Chinese e-commerce giant is expected to post a quarter of tremendous growth. EPS is expected to grow 39% YoY! It`s also expected a massive 48% improvement in YoY revenue!

It is expected to see Tmall and Taobao to deliver strong revenue momentum on the back of higher e-commerce penetration in China. Alibaba has an ongoing international expansion and the stock is up 3,3% in three months.

ATH is 119,15 which is from 10 November last year. The stock was down -1,01% yesterday, and there are some short interest in the stock right now. The opening trade is now $102,94. 52-week low is registered as $82,81. Outstanding shares are 2,465,006,000. The stock is priced richly with Alibaba`s market cap now over $250 billion, but the market is looking for huge surging numbers which could validate the company`S valuation.

Yahoo! Is set for a rally today, trading up about 8% AHT. The company is spinning off Yahoo`s $39 billion stake in Alibaba Group Holding. The anticipated decision announced yesterday will enable Yahoo to avoid paying billions of dollars in future taxes.

A newly formed entity called SpinCo will inherit ownership of the company`s 384 million shares in China`s Alibaba Group Holding when the tax-free spinoff is completed toward the end 2015. Owner of Yahoo shares will receive stocks in SpinCo, which is designed as an investment company.

The old giant is struggling to grow and the firm earned $166 million, or 17 cents per share. Down -52% from the same periode last year. Yahoo`s revenue dipped 1% to $1,25 billion, and investments in Alibaba and Yahoo Japan is the main reason Yahoo`s stock has more than trippled last years.

They have a 36 stake in Yahoo Japan, worth about $7 billion. The Alibaba investment is worth far more than their own online services, and their competitors like Facebook and Google have grabbed a big piece of the digital marketing budget.

Have a closer look at Apple today. The stock is also set for a rally. Up about 7% ATH. Revenue rose to $74,6 billion from $57,6 billion a year earlier. Profit of $18 billion is the biggest ever! Apple reported net profit of $18,02 billion, or $3,06 per diluted share, compared to $13,07 billion, or $2,07 per share a year earlier. Apple faced a clear headwind from a strong dollar.

 

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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Harley-Davidson Project LiveWire

«Don`t drink and drive». You have probably heard that before, but maybe for the last time, because now you can simply switch to put your car on autopilot. You can let the car take over and do the work for you. Just like an autopilot technology in aircraft.

HD2

The connected car trend is gaining some serious momentum, and Tesla (TSLA) is getting in on the act too, with a driverless «autopilot» feature revealed in its new Model D car. There is no doubt that the auto industry is getting increasingly high-tech, from augmented reality to infotainment systems, to driverless cars from Google (GOOGL) and Volvo (VOLVY).

But who is talking about motorcycles?

Milwaukee`s stalwart, Harley Davidson (HOG) embraces its tech side and have launched a few projects it`s been working on. One of them is LiveWire, and Harley Davidson broke away from two century-old traditions at the company, and that`s their new electric motorbike swapping its signature V-Twin engine for an electric motor.

The bike is not available for dealers yet, but Harley Davidson will take the electric bike on a cross-country tour through 30 dealers located on Route 66. Afterwards, Livewire will make its way through select cities in Canada and Europe.

The 460-pound bike boasts 74 horsepower. It can race from 0 to 60 mph in 4 seconds. The drawback is that this bike has only one gear and the engine tops out at 92 mph. In addition; there is no sound. Can you imagine a Harley Davidson without sound? It`s good for me, but what about the rider?

How cool is it to ride a bike that sounds like a tiny cat compared to a big lion?

Harley Davidson is thinking different, and the company is one of two American motorcycle manufacturers that survived the Great depression. That`s pretty impressive for a company with the motto; «We know what we`re doing, and haven`t looked for outside help», but in 2009, the stock fell from $73 to $10. A dramatic drop.

Innovation have helped them to get back again. Q3 results showed a 6,8% rise in sales. EPS is up 20,1% (compared to Q3, 2013), and net income jumped 16,9%. U.S bike sales grew by 3,4%, and global sales rose 3,8%.

Another upgrade is their Project Rushmore. Harley`s new Twin Cam 103. It`s liquid-cooled V-Twin engine. The vehicles were given a new cam shaft. The rider is given more comfort especially on hot days. New ABS brakes, a larger rigid fork, LED headlamps, and a text-to-speech infotainment system, voice recognition software, satellite radio and bluetooth connectivity.

Harley Davidson is becoming a tech company?

 

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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Yelp revenue up +62%

Yelp are reporting earnings later today, and this one will be interesting to watch. The competition in the ad business is stiff as local ad segments has become more attractive to competitors like Google, TripAdviser and Facebook to name a few.

Yelp logo

They have all increased their focus on local advertising in recent years, but despite that, Yelp reported positive EPS for the first time since its IPO. It`s estimated to see EPS to come in at $0,05 vs Wall Street`s $0,03.

That`s much better than last year, which was lower at -$0,04. Revenue is estimated to be $99,4M vs Wall Street`s slighly lower estimate of $98,9M, and that would be a whopping 62% increase YoY. Not bad for a 5B market cap company.

Yelp had about 68 million mobile unique visitors in the second quarter, and that`s up 51%. The growth factor is in their expansion in Japan, Mexico, Hong Kong, Portugal, Argentina and Chile, which will boost their ad revenue. 40% of all new reviews and more than 50% of Yelp`s total ad impression came from mobile devices. It`s expected to see the trend to continue.

Yelp is challenged by Google`s algorithmic change this summer, but despite that, Yelp`s traffic increased. The international traffic grew 80% YoY last quarter to 31 million unique monthly visitors. Another challenge is Angie`s list. Google is likely to offer them a buyout offer, but Amazon or Home depot is also on the retailers list for a possible acquisition in the future.

Angie`s list`s shares plunged today, reported a bigger than expected quarterly loss and they reported a fewer paid members. They lose market share and subscribers because they charges their customers fees to access reviews and ratings, which is free on Yelp. They have had to slash membership fees over the past few years, and has failed to turn into profit since their IPO in 2011. Angie`s list in founded in 1996, which is one of the tech companies that survived the dot-com bubble in 2000.

Yelp is scheduled to release its earnings results after the bell today.

 

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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Who is Sergey Brin?

Sergey Mikhaylovich Brin is an American business magnate and computer scientist who, with Larry Page co-founded Google, which is one of the most profitable Internet companies. As of June 2014, his personal wealth was estimated to be $30 billion, and together, Brin and Page own about 16 percent of Google.

sergeybrin

(Picture: Sergey Brin, Google Inc)

 

Brin was born in Moscow in the Soviet Union to Russian Jewish parents, Michael Brin and Eugenia Brin, both graduates of Moscow State University. His father is a mathematics professor at the University of Maryland, and his mother a researcher at NASA`s Goddard Space Flight Center.

The economist newspaper referred to Brin as an «Enlightenment Man», and someone who belive that «knowledge is always good, and certainly always better than ignorance», a philosophy that is summed up by Google`s motto «Organize the world`s information and make it universally accessible and usesful» and «Don`t be evil».

When Brin was 6 years (1976) old, his family felt compelled to emigrate to the United States. Sergey`s father has earlier told that he was «forced to abandon his dream of becoming an astronomer even before he reached college».

He claims Communist Party heads barred Jews from upper professional ranks by denying them entry to universities, as Jews excluded from the physics departments in particular. Michael Brin therefore changed his major to mathematics where he received nearly straight A`s.

He said; «Nobody would even consider me for graduate school because I was Jewish. At Moscow State University, Brin said, Jews were required to take their entrance exams in different rooms from non-Jewish applicants and they were marked on a harsher scale.

In 1977, after his father returned from a mathematics conference in Warsaw, Poland, he announced that it was tome for the family to emigrate. «We cannot stay here anymore», he told his wife and mother. At the conference, he was able to «mingle freely with colleagues from the United States, France, England and Germany and discovered that his intellectual brethren in the West were not «monsters». He said; «I was the only one in the family who decided it was really important to leave».

Sergey`s mother was less willing to leave their home in Moscow, where they had spent their entire lives, but the decision ultimately came down to Sergey. In May 1979, they were granted their official exit visas and were allowed to leave the country. «I know the hard times that my parents went through their and am very thankful that I was brought to the States», Sergey said in an interview in October 2000.

A few weeks before Sergey`s 17th birthday (1990), his father led a group og high school math students, including Sergey, on a two-week exchange program to the Soviet Union. As Brin recalls, the trip awakened his childhood fear of authority and he remembered that «his first impulse on confronting Soviet oppression had been to throw pebbles at a police car».

On the second day of the trip, while the group toured a sanatorium in the countryside near Moscow, Brin took his father aside, looked him in the eye and said; «Thank you for taking us all out of Russia.»

Brin attended grade school at Paint Branch Montessori School in Adelphi, Maryland, but he received further education at home; his father, a professor in the department of mathematics at the University of Maryland, encouraged him to learn mathematics.

He attended Eleanor Roosevelt High School in Greenbelt, Maryland. In 1990, Brin enrolled in the University of Maryland to study computer science and mathematics, where he received his Bachelor of science in May 1993 with honors.

Brin began his graduate study in computer science at Stanford University on a graduate fellowship from the National Science Foundation. In 1993, he interned at Wolfram Research, who were the developers of Mathematica. As of 2008, he is on leave from his PhD studies at Stanford.

He met Larry Page at Stanford. Brin jokingly said; «We`re both kind of obnoxious». They seemed to disagree on most subjects, but after spending time together, they became intellectual soul-mates and close friends. Together, the pair authored a paper titled «The Anatomy of a Large-Scale Hypertextual Web Search Engine».

They both realized they had succeeded in creating a superior engine for searching the web and suspended their PhD studies to work more on their system. Mark Malseed, the co-founder of «The Google story», wrote; «Soliciting funds from faculty members, family and friends, Brin and Page scraped together enough to buy some servers and rent that famous garage in Menlo Park.

Sun Microsystems co-founder Andy Bechtolsheim wrote a $100,000 check to Google Inc, but the problem was that Google Inc did not yet exist. The company hadn`t yet been incorporated. For two weeks, as they handled the paperwork, the young men had nowhere to deposit the money.

Google logo

The Economist magazine describes Brin`s approach to life, like Page`s, as based on a vision summed up by Google`s motto; «of making all the world`s information universally accessible and useful».

Others have compared their vision to the impact of Johannes Gutenberg, the inventor of modern printing:

In 1440, Johannes Gutenberg introduced Europe to the mechanical printing press, printing Bibles for mass consumption. The technology allowed for books and manuscripts – originally replicated by hand – to be printed at a much faster rate, thus spreading knowledge and helping to usher in the European Renaissance. Google has done a similar job.

The authors of «The Google Story» wrote; «Not since Gutenberg…has any new invention empowered individuals, and transformed access to information, as profoundly as Google. Also not long after the two «cooked up their new engine for web searches, they began thinking about information that is today beyond the web», such as digitizing books, and expanding health information.

Sergey Brin married biotech analyst and entrepreneur Anne Wojcicki in the Bahamas in May 2007. She has an active interest in health information, and they have brainstormed with leading researchers about the human genome project. Brin instinctively regards genetics as a database and computing problem. So does his wife, who co-founded the firm, http://www.23andme.com, which lets people analyze and compare their own genetic makeup (consisting of 23 pairs of chromosomes).

Together they have a son, born in December 2008, and a daughter, born in late 2011. In August 2013, it was announced Brin and Anne were living separately. Brin`s mother, Eugenia, has been diagnosed with Parkinson`s disease.

Brin used the services of 23andme and discovered that although Parkinson`s is generally not hereditary, both he and his mother possess a mutation of the LRRK2 gene (G2019S) that puts the likelihood of him developing Parkinson`s in later years between 20 and 80 percent.

An editorial in The Economist magazine states that «Mr Brin regards his mutation of LRRK2 as a bug in his personal code, and thus as no different from the bugs in computer code that Google`s engineers fix every day. By helping himself, he can therefore help others as well. He consider himself lucky, but Mr. Brin was making a much bigger point. Isn`t knowledge always good, and certainly always better than ignorance?

Sergey Brin is an investor in Tesla Motors, which has developed the Tesla Roadster, a 244-mile (393 km) range battery electric vehicle as well as the Tesla Model S, a 265-mile (426 km) range battery electric vehicle.

In 2008, he invested $4,5 million in Space Adventures, the Virginia-based space tourism company. Space Adventures, the only company that sends tourists to space, has sent five of the so far. He and Page are also trying to help solve the world`s energy and climate problems at Google philanthropic arm Google.org, which invests in the alternative energy industry to find wider sources of renewable energy.

Brin was also involved in the Google driverless car project, and in September 2012, at the signing of the California Driverless Vehicle Bill, Brin predicted that within five years, robotic cars will be available to the general public. Wow, we will wait for that car. What a great story!

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

 

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