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1. Has Alphabet Topped Out? (GOOGL, GOOG)

  • Duration: 138
  • Channel: news
Has Alphabet Topped Out? (GOOGL, GOOG)

Has Alphabet Topped Out? (GOOGL, GOOG) A 2015 breakout lost momentum in the first quarter of 2016, giving way to choppy sideways action, ahead of a 2017 breakout that mounted a four-year trendline of rising highs in April. However, the first leg of the downturn at $1,000 generated the highest selling volume since the fourth quarter of 2016, when the stock fell nearly 100 points in under four weeks. Alphabet Inc. (GOOGL) has rewarded institutional and retail shareholders for months, but its impressive uptrend may be coming to an end, replaced by an intermediate correction that could relinquish 200 or more points before committed buyers return in force. This marks a binary setup in which new highs will continue the uptrend while a breakdown may signal the rally’s end, ahead of a multi-month trading range or long-term top. GOOGL Short-Term Chart (2015 – 2017) A July 2015 gap ended more than a year of lagging performance, generating a two-step rally that topped out near $800 at the start of 2016. That uptick also broke long-term resistance at the rising highs, reaching $1,000, where aggressive selling pressure triggered an intermediate reversal. GOOGL Long-Term Chart (2004 – 2017) The company came public at $50 in August 2004, after adjustment for the 2014 split that created two equity classes and a new corporate identity.


2. YouTube star Logan Paul's upcoming movie has been put on hold because of his dead body video (GOOG, GOOGL)

  • Duration: 44
  • Channel: news
YouTube star Logan Paul's upcoming movie has been put on hold because of his dead body video (GOOG, GOOGL)

YouTube confirms with Business Insider, 22-year-old YouTube star Logan Paul's next movie is getting put on hold. This following Paul's posting of a notorious video featuring a dead body. The movie was supposed to debut on the platform's YouTube Red subscription service. The movie in question is "The Thinning: New World Order." It was supposed to be the follow-up to Paul's 2016 YouTube Red original "The Thinning.


3. [Newsa] AMZN Earnings Confirm Amazon's Dominance, Though Stock Wavers

  • Duration: 119
  • Channel: news
[Newsa] AMZN Earnings Confirm Amazon's Dominance, Though Stock Wavers

Amazon.com (ticker: AMZN ) posted major beats on both earnings and revenue on Thursday, although shares of AMZN stock didn't jump in quite the same way. Third-quarter guidance was also higher than expected. Earnings per share came in at $1.78, an increase from 19 cents in the same quarter last year, while revenue was up 31 percent to $30.4 billion. Amazon and Alphabet ( GOOG , GOOGL ), which also posted a commanding beat Thursday afternoon, round out a week of high-profile earnings releases from some of the biggest names on Wall Street. Analysts were expecting Amazon to report EPS of $1.11 on revenue of $29.55 billion. "Amazon has not only established a strong foundation, namely with Amazon Prime and its Web Services, but also continues to invest in fulfillment centers, video content and data hubs that make them a more structurally profitable and diversified business," says James Gellert, CEO of Rapid Ratings, a financial health ratings firm. "It's no wonder why Amazon had such a great quarter." [Read: The Valuable World of Value Investing .] Amazon shares were up more than 11 percent for 2016 going into Thursday's report. In 2015, AMZN was the second-best performer in the entire Standard & Poor's 500 index , soaring 122 percent. While the stock didn't do much immediately after the big beat, shares were up 2.2 percent on Thursday before the release, so some of the gains may have already been factored in by the market. The muted response is still unusual though, especially since Amazon's guidance also cruised past analysts' expectations. The company projected revenue between $31 billion and $33.5 billion in the third quarter, implying a midpoint at $32.25 billion that was meaningfully higher than the $31.63 billion consensus estimates. The company's cloud computing arm, Amazon Web Services, is largely responsible for Amazon's pivot to profitability in recent years. AWS revenue soared 58 percent in the second quarter to $2.9 billion. High margins, consistently high growth, and the ability to quickly leverage and scale make AWS the perfect cash cow that can fund Amazon's more ambitious, loss-producing exploits. While the $99 annual fee it charges its Amazon Prime subscribers helps finance aggressive and expensive customer-centric services and perks like same-day delivery, the costs associated with those initiatives are growing rapidly. Fulfillment expenses rose by nearly 35 percent to $3.9 billion last quarter. "Over half of American households are now Amazon Prime members," says Tien Tzuo, CEO of Zuora, a subscription billing, commerce, and finance solutions company. "Over 3 million Echos have been sold. Jeff Bezos has created a massive subscriber-based loyalty program that is doing to retail what Netflix ( NFLX ) and Spotify did to content. It's a pretty remarkable achievement." [See: The 10 Best Ways to Buy Tech Stocks .] That's where the high margins of AWS come in handy. Despite accounting for just 9.5 percent of overall sales last quarter, the cloud leader generated $718 million in operating income – nearly 56 percent of the entire company's operating income. To say the cloud is fueling the company's profitability is an understatement. Driven by the larger role of AWS, operating margins rose again, more than doubling from 2 percent a year ago to 4.2 percent in the most recent quarter. While AWS is the clear leader in the enterprise cloud computing arena, Microsoft Corp.'s ( MSFT ) Azure is widely considered the No. 2 player. Azure revenue rose 102 percent last quarter, although Microsoft doesn't break out exactly how much it made. Sales growth, devices . North America revenues rose 28.1 percent to $17.7 billion, while international revenues rose 30.1 percent to $9.8 billion. The Amazon Echo , a voice-controlled wireless speaker and virtual assistant, has continued to fly off the shelves. At $179.99, Amazon says that it couldn't keep it in stock in the first quarter, and during Amazon Prime Day – which falls into the third quarter – it sold out before the day was over. Other Amazon devices like the Fire TV Stick and its Kindle Fire tablets, have also been huge successes. Amazon products may be cheap, but its stock isn't. The rapid rise of AMZN stock leading up to Thursday's report doesn't come without its risks. Going into the second-quarter announcement, Amazon shares were trading at 307 times earnings and 75 times forward earnings, both steep premiums to the S&P 500, which trades for less than 25 times earnings and 18.4 times forward earnings. The general idea with Amazon is that it will keep expanding into new verticals and growing market share until eventually it begins to enjoy larger and more significant economies of scale. AWS appears to have been the first significant step in making that vision a reality. There are few markets Amazon feels it can't compete in, and this year it's even been taking steps towards becoming...


4. [Newsa] AMZN Earnings Confirm Amazon's Dominance, Though Stock Wavers

  • Duration: 119
  • Channel: news
[Newsa] AMZN Earnings Confirm Amazon's Dominance, Though Stock Wavers

Amazon.com (ticker: AMZN ) posted major beats on both earnings and revenue on Thursday, although shares of AMZN stock didn't jump in quite the same way. Third-quarter guidance was also higher than expected. Earnings per share came in at $1.78, an increase from 19 cents in the same quarter last year, while revenue was up 31 percent to $30.4 billion. Amazon and Alphabet ( GOOG , GOOGL ), which also posted a commanding beat Thursday afternoon, round out a week of high-profile earnings releases from some of the biggest names on Wall Street. Analysts were expecting Amazon to report EPS of $1.11 on revenue of $29.55 billion. "Amazon has not only established a strong foundation, namely with Amazon Prime and its Web Services, but also continues to invest in fulfillment centers, video content and data hubs that make them a more structurally profitable and diversified business," says James Gellert, CEO of Rapid Ratings, a financial health ratings firm. "It's no wonder why Amazon had such a great quarter." [Read: The Valuable World of Value Investing .] Amazon shares were up more than 11 percent for 2016 going into Thursday's report. In 2015, AMZN was the second-best performer in the entire Standard & Poor's 500 index , soaring 122 percent. While the stock didn't do much immediately after the big beat, shares were up 2.2 percent on Thursday before the release, so some of the gains may have already been factored in by the market. The muted response is still unusual though, especially since Amazon's guidance also cruised past analysts' expectations. The company projected revenue between $31 billion and $33.5 billion in the third quarter, implying a midpoint at $32.25 billion that was meaningfully higher than the $31.63 billion consensus estimates. The company's cloud computing arm, Amazon Web Services, is largely responsible for Amazon's pivot to profitability in recent years. AWS revenue soared 58 percent in the second quarter to $2.9 billion. High margins, consistently high growth, and the ability to quickly leverage and scale make AWS the perfect cash cow that can fund Amazon's more ambitious, loss-producing exploits. While the $99 annual fee it charges its Amazon Prime subscribers helps finance aggressive and expensive customer-centric services and perks like same-day delivery, the costs associated with those initiatives are growing rapidly. Fulfillment expenses rose by nearly 35 percent to $3.9 billion last quarter. "Over half of American households are now Amazon Prime members," says Tien Tzuo, CEO of Zuora, a subscription billing, commerce, and finance solutions company. "Over 3 million Echos have been sold. Jeff Bezos has created a massive subscriber-based loyalty program that is doing to retail what Netflix ( NFLX ) and Spotify did to content. It's a pretty remarkable achievement." [See: The 10 Best Ways to Buy Tech Stocks .] That's where the high margins of AWS come in handy. Despite accounting for just 9.5 percent of overall sales last quarter, the cloud leader generated $718 million in operating income – nearly 56 percent of the entire company's operating income. To say the cloud is fueling the company's profitability is an understatement. Driven by the larger role of AWS, operating margins rose again, more than doubling from 2 percent a year ago to 4.2 percent in the most recent quarter. While AWS is the clear leader in the enterprise cloud computing arena, Microsoft Corp.'s ( MSFT ) Azure is widely considered the No. 2 player. Azure revenue rose 102 percent last quarter, although Microsoft doesn't break out exactly how much it made. Sales growth, devices . North America revenues rose 28.1 percent to $17.7 billion, while international revenues rose 30.1 percent to $9.8 billion. The Amazon Echo , a voice-controlled wireless speaker and virtual assistant, has continued to fly off the shelves. At $179.99, Amazon says that it couldn't keep it in stock in the first quarter, and during Amazon Prime Day – which falls into the third quarter – it sold out before the day was over. Other Amazon devices like the Fire TV Stick and its Kindle Fire tablets, have also been huge successes. Amazon products may be cheap, but its stock isn't. The rapid rise of AMZN stock leading up to Thursday's report doesn't come without its risks. Going into the second-quarter announcement, Amazon shares were trading at 307 times earnings and 75 times forward earnings, both steep premiums to the S&P 500, which trades for less than 25 times earnings and 18.4 times forward earnings. The general idea with Amazon is that it will keep expanding into new verticals and growing market share until eventually it begins to enjoy larger and more significant economies of scale. AWS appears to have been the first significant step in making that vision a reality. There are few markets Amazon feels it can't compete in, and this year it's even been taking steps towards becoming...


5. A Former Employee Speaks Out Against Google's Plan For A Censored Search Engine in China

  • Duration: 48
  • Channel: tech
A Former Employee Speaks Out Against Google's Plan For A Censored Search Engine in China

Greg Sandoval/Business Insider GOOG Alphab Non Vtg-C 1,237.61 -11.49 (-0.90 %) Disclaimer Get real-time GOOG charts here " GOOGL Alphabet-A 1,252.51 -11.95 (-0.90 %) Disclaimer Get real-time GOOGL charts here " A former Google exec who worked in China has called Google's plan to build a censored search engine "stupid." Lokman Tsui, head of free expression for Asia, said he couldn't think of a scenario by which such a search engine didn't violate human-rights standards.


6. A Former Employee Speaks Out Against Google's Plan For A Censored Search Engine in China

  • Duration: 48
  • Channel: tech
A Former Employee Speaks Out Against Google's Plan For A Censored Search Engine in China

Greg Sandoval/Business Insider GOOG Alphab Non Vtg-C 1,237.61 -11.49 (-0.90 %) Disclaimer Get real-time GOOG charts here " GOOGL Alphabet-A 1,252.51 -11.95 (-0.90 %) Disclaimer Get real-time GOOGL charts here " A former Google exec who worked in China has called Google's plan to build a censored search engine "stupid." Lokman Tsui, head of free expression for Asia, said he couldn't think of a scenario by which such a search engine didn't violate human-rights standards.


7. A Former Employee Speaks Out Against Google's Plan For A Censored Search Engine in China

  • Duration: 48
  • Channel: fun
A Former Employee Speaks Out Against Google's Plan For A Censored Search Engine in China

Greg Sandoval/Business Insider GOOG Alphab Non Vtg-C 1,237.61 -11.49 (-0.90 %) Disclaimer Get real-time GOOG charts here " GOOGL Alphabet-A 1,252.51 -11.95 (-0.90 %) Disclaimer Get real-time GOOGL charts here " A former Google exec who worked in China has called Google's plan to build a censored search engine "stupid." Lokman Tsui, head of free expression for Asia, said he couldn't think of a scenario by which such a search engine didn't violate human-rights standards.


8. Jim Cramer's Take on Apple, Facebook and Alphabet

  • Duration: 58
  • Channel: shortfilms
Jim Cramer's Take on Apple, Facebook and Alphabet

Jim Cramer gave his latest take on Apple AAPL , Facebook FB and Alphabet GOOG , GOOGL this week in an exclusive conference call with members of his ...


9. The Top 5 Google Shareholders (GOOG/GOOGL)

  • Duration: 143
  • Channel: news
The Top 5 Google Shareholders (GOOG/GOOGL)

The Top 5 Google Shareholders (GOOG/GOOGL) As of September 2016, Page owns 25,000 Class A Common Stock shares and 20 million Class C Capital Stock of company and is one of the richest people in the United States with a net worth of $46.3 billion according to Forbes. As of October 2017, he owns over 19.3 million Class C Capital Stock shares and 12,000 shares of Class A Common Stock. Currently, he is an Executive Chairman of Alphabet and owns close to 2.4 million shares of Class C Google Stock, as well as 32,947 shares of Class A stock. As of October 2016 he holds 24,003 shares of Class A Google Stock units and 353,939 Class C stock according to company’s SEC filing. As of October 2017, Google is part of Alphabet Inc. (NASDAQ: GOOG, NASDAQ: GOOGL) and is the world’s most-used search engine and one of the greatest entrepreneurial success stories in U. S. history. The company also issued class B shares which are only owned by insiders and are not traded on the market. The two ticker symbols for the company represent two different classes of shares, A and C. The difference between the two lies in the voting rights. The Vanguard Group owns a combined 41 million shares of Google stock, valued at $40 billion. Sundar Pichai was appointed as the new CEO of Google Inc. in October 2015. Sergey Brin is the president of Alphabet, the parent company created in 2015 to house the corporate structure for numerous other projects.


10. Google Creates New Holding Company in Restructuring

  • Duration: 47
  • Channel: tech
Google Creates New Holding Company in Restructuring

Larry Page announced in a blog post after markets closed Monday that Google is rebranding. The CEO stated a new holding company named Alphabet will be founded with Google as it's largest wholly owned subsidiary. The co-founder added that Sundar Pichai will serve as Google CEO as Page transitions to Alphabet. Fellow co-founder Sergey Brin will become president of Alphabet, and Eric Schmidt will be executive chairman. Page stated the company will still be traded as the market entities GOOG and GOOGL. All Google shares will automatically convert into Alphabet shares with the same rights and values.




11. Larry Page Announces Google Rebranding

  • Duration: 43
  • Channel: tech
Larry Page Announces Google Rebranding

Larry Page announced today after the financial markets closed that Google is rebranding. A new holding company, Alphabet, will be founded whose largest wholly owned subsidiary will be Google. Page, a company co-founder, stated Alphabet will preside over a collection of other companies as well. All shares of Google will automatically convert into shares of Alphabet, which will continue to trade under the stock ticker symbols GOOG and GOOGL. Shares in Google soared 5% in after hours trading.


12. Have Apple’s problems just started?

  • Duration: 890
  • Channel: school
Have Apple’s problems just started?

Hello MarketClub members everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 13th of April. IS GOOGLE MAKING A MISTAKE? We show you where we think Google (GOOG) is headed in today’s video. HAS APPLE TOPPED OUT? We show you where we think Apple (AAPL) is headed based on our Trade Triangle technology.


13. Is Nordstrom the Next Bout in Amazon v. Walmart?

  • Duration: 166
  • Channel: news
Is Nordstrom the Next Bout in Amazon v. Walmart?

Is Nordstrom the Next Bout in Amazon v. Walmart? Amazon’s ability to slash prices further could lift the competitor brand, and give Amazon a strong foothold into the brick-and-mortar discount market.” As for Wal-Mart, Glueck said it will be able to reach new customers by acquiring Nordstrom and getting Nordstrom Rack under its control. “Our analysis is driven by the unique perspective we have based on our location intelligence and our understanding of how people move through more than 105M locations around the globe.” The way Foursquare sees it, Amazon tends to invest in brands that are smaller and more upscale than its rivals while Wal-Mart is in e-commerce catch-up mode and is looking to broaden it reach and digital footprint. “We can make informed recommendations about which brands Amazon and Wal-Mart should target next using our proprietary data-driven insights,” wrote Foursquare Chief Executive Jeff Glueck in a blog post this week. “What Nordstrom does have is a bona-fide track record as well as a healthy concentration of Millennials and females, a nice addition for Wal-Mart to balance out the the purchase of Bonobos [an online men’s clothing retailer], which has a wider male reach,” wrote Glueck. In the case of Amazon, Glueck argued the customers at Whole Foods and Nordstrom share similarities—the department store’s consumers are nearly twice as likely to purchase goods at Whole Foods. Find the best broker for your trading or investing needs After all, Amazon’s multi-billion-dollar acquisition of Whole Foods Market Inc. (WFM) just got shareholder approval, and Wal-Mart this week inked a voice-command shopping deal with Alphabet Inc’s (GOOG) Google.


14. NVIDIA, Intel, Broadcom Are All Cloud Buys: RBC

  • Duration: 126
  • Channel: news
NVIDIA, Intel, Broadcom Are All Cloud Buys: RBC

NVIDIA, Intel, Broadcom Are All Cloud Buys: RBC Find the best broker for your trading or investing needs A foreseen boost in the amount to be spent on building out cloud computing platforms by the industry’s largest companies including Apple Inc. (AAPL), Alphabet Inc. (GOOG) and Microsoft Corp. (MSFT) is set to fare well for smaller U. S.-based chipmakers. Daryanani notes the chipmakers’ exposure to cloud and hyperscale spending are “probably the fastest growing subsegments within the enterprise businesses of the hard disk drive (HDD) manufacturers.” In 2016, a 17% growth in cloud capital spending amounted to $52.8 billion. As cloud capex continues to show improving trends, it should present upside for semiconductor businesses, particularly Intel Corp. (INTC), NVIDIA Corp. (NVDA) and Broadcom Ltd. (AVGO), says RBC. Daryanani also notes that growth rates having been improving, suggesting that “as of June/September, there appears to be some picking up of growth.” The consensus estimate for 2017 has risen by approximately $4 billion over the past year. At the head of the group, Apple is the single biggest spender, accounting for 24% of total cloud capex in 2016, while Google trailed in second with 19% of total spend and Microsoft in third at 17%.


15. Alphabet Stock Breaks Down Despite Earnings Beat

  • Duration: 107
  • Channel: news
Alphabet Stock Breaks Down Despite Earnings Beat

Alphabet Stock Breaks Down Despite Earnings Beat Alphabet’s second quarter revenue rose 21% to $26.01 billion – beating consensus estimates by $410 million – while earnings per share of $5.01 beat consensus by 58 cents. Find the best broker for your trading or investing needs Alphabet Inc. (GOOG​) shares failed to break out to all-time highs despite better-than-expected second quarter financial results. The relative strength index (RSI) has moderated to 50.81, but the moving average convergence divergence (MACD) could see a bearish crossover if the downtrend persists. Traders watching for a strong rebound should keep an eye on $990 levels and, of course, the psychologically important $1,000 level that traders have been closely watching over the past several weeks. From a technical standpoint, Alphabet shares failed to break out from prior highs made in early June and instead moved to the 50-day moving average at $950.70. Since shattering 2000 record highs, the technology sector has become a "crowded trade" according to a survey from Bank of America Merrill Lynch.


16. What Are the Biggest Stocks in ’Sharing Economy’?

  • Duration: 165
  • Channel: news
What Are the Biggest Stocks in ’Sharing Economy’?

What Are the Biggest Stocks in ’Sharing Economy’? A spokeswoman for Lyft added: “Waymo holds today’s best self-driving technology, and collaborating with them will accelerate our shared vision of improving lives with the world’s best transportation.” Some of the other companies that made it on the BoAML list of the most likely to benefit from the growth in the sharing economy include GrubHub (GRUB), the leader in the online restaurant ordering, eBay (EBAY) which has long operated a marketplace for sellers and buyers, and Box (BOX), the cloud content management and file sharing service for businesses Expedia Inc. (EXPE), the online travel booking site, has long cut the middle man—travel agents—out of the process of booking flights, hotels and car rentals, but it has also expanded into the sharing economy with its $3.9 billion acquisition of HomeAway in late 2015. While the rise of Airbnb was expected to put online travel websites on notice, Expedia has long argued it helps the travel industry because it increases demand from consumers that weren’t in the reach of online travel agents. While Alphabet Inc. (GOOG) is yet another example of a tech company that isn’t normally considered a sharing economy player, BoAML added it to its list, largely because of Waymo, its self-driving car spinoff. Uber and Airbnb aren’t likely to go away, and they may become publicly traded companies in the future, but established ones also stand to benefit. Amazon Prime, its membership program that gives shoppers two-day delivery, free content and discounts, relies on freelance delivery companies to get the packages to customers on time via its Amazon Flex program.


17. YouTube TV DVRs Will Have Non-Skippable Ads (GOOG, CMCSA)

  • Duration: 126
  • Channel: news
YouTube TV DVRs Will Have Non-Skippable Ads (GOOG, CMCSA)

YouTube TV DVRs Will Have Non-Skippable Ads (GOOG, CMCSA) If YouTube ends up with an on-demand version before viewers have had a chance to watch their recording, then "viewers will be forced to watch the on-demand episode and all of the ads." The WSJ report states that the change in ad strategy is a result of the "tangle of contracts" that YouTube has with its advertisers, which include the likes of The Walt Disney Company (DIS). As the video platform becomes an increasingly important contributor to Google’s overall revenue mix, the company has been tinkering with ad formats and measurement metrics. According to a report in the Wall Street Journal, on-demand versions of popular television shows broadcast on YouTube TV’s available networks will contain full-length ads that cannot be skipped by viewers. The platform generally does not get paid if viewers choose to skip ads. Viewers of Alphabet Inc. (GOOG) subsidiary Google’s YouTube TV will not be allowed to skip advertisements in recordings of their favorite TV shows. To that end, YouTube has also introduced non-skippable 30-second ads on its main platform but has said that they will be phased out next year. This is a change of strategy for YouTube, which pioneered the skippable ad format on its platform.


18. Top 4 Companies Owned by Google

  • Duration: 98
  • Channel: news
Top 4 Companies Owned by Google

Top 4 Companies Owned by Google Google is growing through acquisitions, but it is also increasing revenues in each of the companies it owns. Google makes its money by using a version of Android it created and then marketing that to manufacturing companies. Companies pay to be included in Google Maps searches and it earns $89.46 billion annually from advertising. Through its holding company Alphabet Inc. (GOOG), Google owns multiple companies. We have selected four companies to highlight based on their ability to produce consistent revenues. Companies may also be featured as the user zooms in or out on any given map. Google’s revenues from its Android marketing top $31 billion. DoubleClick earns $16.52 billion in revenues. YouTube has been considered a “break-even” company by many industry watchers, but its presence as a means of popularizing goods, services and entertainment is priceless. Google also uses DoubleClick to promote its own services.


19. Apple AR Glasses an ‘Enormous’ Opportunity: Bernstein

  • Duration: 172
  • Channel: news
Apple AR Glasses an ‘Enormous’ Opportunity: Bernstein

Apple AR Glasses an ‘Enormous’ Opportunity: Bernstein Sacconaghi, who rates AAPL at outperform with a $175 price target, foresees a new smartglasses product as boosting Apple’s bottom line, indicating that the opportunity “could be enormous.” The analyst highlights upbeat statements from Apple Chief Executive Officer (CEO) Tim Cook, including one on Oct. 3 when he said “I am so excited about [AR], I just want to yell out and scream.” “If a CEO’s comments are reflective of a company’s enthusiasm about a new opportunity, then Apple clearly thinks AR might be a big deal,” wrote the Bernstein analyst. As Apple generates 70% of revenue and profit from the iPhone, Bernstein indicates that is is necessary that the tech giant finds its “next big thing.” Sacconaghi highlights failed AR attempts by Apple competitors, including Alphabet Inc.’s (GOOG) Google Glass, Lenovo’s Phab2 Pro smartphone and the $3,000 “mixed reality” of Microsoft Corp.’s (MSFT) HoloLens. Bernstein’s Toni Sacconaghi says the Cupertino, Calif.-based tech giant has the best shot of anyone at making AR actually work, and work well, but that the payoff may not come until Apple develops AR for a standalone pair of smartglasses rather than the iPhone. Despite Apple’s edge against other tech giants, Sacconaghi is unenthused about the arrival of AR on the iPhone 8, suggesting that “the near-term of augmented reality will be relatively disappointing.” Bernstein expects actual applications of AR to be very limited in the next year or two, given the technology is restricted to the smartphone. “The key takeaway here is that the AR space has not yet seen a breakout success—as the list shows, no company has released a compelling AR product to the mass market,” says Sacconaghi.


20. Google Brings AR to New, Existing Android Devices

  • Duration: 129
  • Channel: news
Google Brings AR to New, Existing Android Devices

Google Brings AR to New, Existing Android Devices In a blog post, Dave Burke, Google’s VP of Android engineering, said the company has been developing the technologies to run mobile AR over the last three years via Tango, its 3D mapping system and its new tool, ARCore, builds on that. Find the best broker for your trading or investing needs Taking a page from Apple Inc. (AAPL), Alphabet Inc.’s (GOOG) Google announced a new developer tool aimed at getting more augmented reality applications on new and existing Android mobile devices. In the blog post, Burke said that in addition to developing ARCore, Google has been investing in apps and services to help developers create AR experiences. According to a Bloomberg report, Apple should have a better chance at getting developers to create AR apps because it can easily push out a software update for its billions of devices. Google has to work with Android software companies and hardware manufacturers to get them to use ARCore. Bloomberg noted that while the Android handset makers don’t need to use advanced camera technology, they do have to have embedded cameras that have built-in sensors in order for the software to work. Its new tool doesn’t require costly investments on the part of its mobile phone partners since it works with any hardware.