Alphabet’s second quarter earnings soar despite rising – moonshot’ losses

Business is booming at Google's parent company, Alphabet Inc., even as it loses billions of dollars on kooky-sounding projects that may never produce any revenue. Huge chunks of the losses have been piling up in Alphabet's X lab, a wellspring of far-out ideas that has become known as a ''moonshot factory'' since Google cofounder Sergey Brin launched it about six years ago.

SurveyMonkey study finds social media apps ruled mobile in first half of 2016

Messenger A new study from SurveyMonkey Intelligence revealed the 30 most-downloaded, and most-used apps in the American iOS and Android app stores so far this year. Social media apps like Facebook, Snapchat and Instagram ruled over mobile games in the first six months of 2016. Because Pokémon Go was released in the US on July 6, that wildly popular new title didn’t even show in the… Read More

What’s this whole email thing about, anyway?

tumblr_mhd47rDuqy1rbv0tfo1_1280-1 What do you know about the Clinton email scandal? If you’re anything like me, not much — yet! Let’s take a stroll into our political Swamp of Sadness where both parties are currently mired. One candidate became stuck there while trying to beat the dead horse of the Crooked Hillary meme and the other candidate is sinking simply because government email is just so damn… Read More

The rise and rise of Mexican fintech

233524311_c95a700bff_b Nothing tells the story of how the Mexican tech ecosystem is steaming ahead in Latin America quite like the rise of fintech. The financial services space ticks all the right boxes entrepreneurs look for when launching a company. On the flipside, Mexico’s fintech industry has everything VCs daydream about. It’s worth taking a step back to analyze the forces driving Mexico’s… Read More

Stocks waver as investors work through earnings

Stocks continued to search for direction Thursday as investors worked through another batch of mixed company earnings, including results from Facebook, Ford and Whole Foods. Investors are looking ahead to a meeting of the Bank of Japan tomorrow which is expected to result in an announcement of more stimulus for the world's third-largest economy.