Technology

Only one week after PayPal announced cutting ties from Libra, several other partners from the 27 companies in the Libra Association including Ebay, Visa, Marcado Pago, Mastercard, and Stripe announced this week that they would also stop supporting Facebook’s Libra project. [more]

Piper Jaffray conducted its 38th biannual survey of U.S. teens – overall spending decreased by 4% with YouTube, Nike, and Amazon popular among this demographic. [more]

Tesla (NASDAQ: TSLA) reported Q3/2019 global sales of 97,000 electric vehicles, which missed Factset’s estimate target of 99,000, with a 1.8% sales growth quarter-over-quarter compared with a 51% growth in Q2/2019. [more]

The robo-advisory landscape, once fragmented with start-ups disrupting the industry, is now changing as financial firms with large assets under management launch low-fee, robo-advisory services. [more]

Apple currently has goals to work with vendors to reuse, recycle, and compost 100% of the waste that is created from corporate facilities, retail stores, and data centers. [more]

Large tech companies have been developing products for the lucrative and growing online & mobile gaming industry and are introducing subscription-based gaming platforms, such as Google Stadia and Apple Arcade. [more]

On September 17, 2019, Shopify announced expansion of its cannabis e-commerce platform to allow U.S. retailers to operate online sales of hemp and hemp-derived cannabinoid (“CBD”) products. [more]

Intuit can be a core portfolio investments as it focuses on “sticky” software solutions, such as accounting, that are used every day, and are leveraging innovative technologies to disrupt processes most likely to be around for the near term. [more]