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Jeff Bezos Double Dips On His Airbnb Play
Thursday, September 8, 2022 - 12:10pm | 506Amazon.com Inc founder Jeff Bezos made an early bet on the short-term rental platform Airbnb Inc during the company’s Series B round in 2011, nearly a decade before its initial public offering (IPO). His investment came long before the now popular accommodations marketplace was a household...
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Vacation Rental Investment Platform Fully Funds Over $2.2 Million Worth of Properties in Just One Day
Friday, August 19, 2022 - 10:12am | 357The real estate investment platform Here is one of the newest companies in the fractional real estate space and is allowing investors to become fractional owners of short-term rental properties for $1 per share with a minimum investment of $100. According to Here, vacation rentals generate up...
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Homebuyers Face New Competition from Short-Term Rental Investors
Wednesday, August 17, 2022 - 12:08pm | 1375Have you ever had the feeling that you can’t catch a break? American homebuyers are definitely starting to feel that way. In addition to rapidly rising interest rates and a lack of affordable inventory, a new potential obstacle makes it harder for them to buy a home — short-term rental...
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Mobileye Hits Highest Level In A Month
Thursday, December 29, 2016 - 3:06pm | 498Shares of Mobileye NV (NYSE: MBLY), an Israel-based developer of computer vision and machine learning technology for advanced driver assistance systems and autonomous driving technologies, soared higher by more than 8 percent on Thursday. Mobileye's stock is still lower by around 10 percent for the...
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Mercedes Aims For Uber
Tuesday, September 15, 2015 - 1:34pm | 347This week, Daimler AG (OTC: DDAIF) Chief Executive Dieter Zetsche told Reuters that the luxury carmaker was aiming to take on Uber with a fleet of autonomous vehicles. Zetsche said the firm would target customers who are not interested in buying their own car, but still value premium transport...
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Amplitude Analytics Raises $9 Million To Help Nokia, MapQuest & Others Pinpoint Their Path To User Growth
Wednesday, August 5, 2015 - 4:41pm | 719Amplitude Analytics, a startup that provides behavior analytics for growth-focused companies, has raised $9 million in a Series A led by Benchmark. Several existing investors -- Quest Venture Partners, Data Collective, Merus Capital, Charlie Cheever, Dave Morin and a number of unspecified angel...
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Can Nokia Exist If It Sells All Of Its Businesses?
Tuesday, August 4, 2015 - 2:42pm | 631Nokia Corporation (ADR) (NYSE: NOK) famously sold its handset business to Microsoft Corporation (NASDAQ: MSFT) for $7.52 billion. This week the company sold its mapping business to BMW Group, AUDI AG VORMALS AUDI (OTC: AUDVF) and Daimler AG (OTC: DDAIF). The three automakers reportedly paid $3....
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Why Nokia Has Multiple Catalysts, Multiple Suitors For HERE Business
Thursday, June 18, 2015 - 2:21pm | 258In a report issued Thursday, RBC Capital Markets associates Ameet Prabhu, Spencer Green and analyst Mark Sue shared their impressions on Nokia Corporation (ADR) (NYSE: NOK), following their lunch with CEO Rajeev Suri. RBC believes the company’s stock carries the highest potential return...
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Would Uber Buy Nokia's Here Mapping Service For $3 Billion?
Friday, May 8, 2015 - 9:33am | 283Nokia Corporation (NYSE: NOK) has already indicated it is exploring a sale of its mapping business, Here, which has drawn interest from automakers including Audi, BMW and Mercedes-Benz. At the same time, The New York Times reported that Uber may also be entering a potential bidding war. The German-...
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Nokia Extends Gains, Analyst Calls Maps Unit 'Solid'
Monday, April 13, 2015 - 10:24am | 275Nokia Corporation (ADR) (NYSE: NOK) extended its gains Monday on news that it's exploring the sale of its HERE maps business to focus on growth at its wireless network unit and boosting its debt rating. Nokia shares have gained nearly 5 percent since the news was first reported Friday by Bloomberg...
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The Reason Nokia Kept The Patents (NOK)
Wednesday, September 4, 2013 - 12:19pm | 557Nokia (NYSE: NOK) sold its handset business to Microsoft (NASDAQ: MSFT). What it did not sell to Microsoft, or anyone else, is its patents. And Nokia has a bunch of them. The reason? Income, according to Reuters. In technology, patents are like gold. And if there is one thing Nokia knows, it’...