McDonald's Just Did Something So Stunningly Strange That It'll Make You Wonder What's Coming Next

Absurdly Driven looks at the world of business with a skeptical eye and a firmly rooted tongue in cheek.  If there’s one thing McDonald’s wants you to think right now, it’s that it isn’t, you know, McDonald’s. Not the old McDonald’s, that is. Not the old, slightly worn, very predictable McDonald’s where the ice-cream machines rarely […] Read more »

Dunkin' Donuts Has a Stunningly Simple New Trick So You'll Get Your Coffee Faster

In New England, people love their Dunkin’ Donuts. Heck, I was in a Dunkin’ Donuts in Massachusetts once, and a guy showed me how you could actually see two other Dunkin’ Donuts from the parking lot of the first Dunkin’ Donuts. But for all of Dunkin’ Donuts regional ties, the company has its sights set on world domination. And as […] Read more »

Alibaba kicks off sponsor deal in Pyeongchang

PYEONGCHANG (Reuters) – Alibaba Group Holding Ltd (BABA.N) is launching a project that will create a “smarter” and more connected athletes’ village and stadia and make all Olympics stakeholders “more money”, its executives said on Saturday. Many of Alibaba’s plans are still concepts since it has not had enough time to implement its technology after […] Read more »

Exclusive: China's Ant plans equity fundraising at potential $100 billion valuation – sources

HONG KONG (Reuters) – China’s Ant Financial Services Group is planning to raise up to $5 billion in fresh equity that could value the online payments giant at more than $100 billion, people familiar with the move told Reuters. A fundraising would bring Ant, in which e-commerce firm Alibaba Group Holding Ltd is taking a […] Read more »

Anime, technology on offer as Japan promote 2020 Games

GANGNEUNG, South Korea (Reuters) – Traditional paper cranes and some of the latest technology are on offer as Japan seeks to promote itself as the host of the next Olympic Games in 2020, with organizers hoping to inherit the enthusiasm and fervor of Pyeongchang 2018 hosts. Tokyo will host the summer games for the second […] Read more »

Snap Touts Snapchat Redesign as Revenue, User Growth Send Shares Soaring

Less than a year after Snapchat’s parent company went public with a flop, Snap Inc. is finally hinting at the possibility of a rosier future after posting surprising quarterly revenue- and user-growth that beat Wall Street’s expectations for the first time ever. On Tuesday afternoon, Snap said fourth-quarter revenue jumped 72% year-over-year, to $285.7 million, […] Read more »

Capacity alone won't assure good cloud performance

Many people believe that workloads in the cloud always perform better because public clouds have access to an almost unlimited amount of resources. Although you can provision the resources you need—and even use serverless computing so the allocation of resources is done for you—the fact is that having the right amount of resources is only […] Read more »

Tesla Strikes Deal to Give 50,000 Australian Homes Solar Power

The state government of South Australia announced Sunday that it had struck a deal with Tesla to install as many as 50,000 solar-power systems on homes, at no cost to residents. The system would include both solar panels and Tesla Powerwall batteries, and would become part of a decentralized electric grid managed by software. The […] Read more »

Exclusive: Broadcom to raise Qualcomm bid in push for talks, sources say

(Reuters) – Broadcom Ltd (AVGO.O) plans to unveil a new approximately $120 billion offer for Qualcomm Inc (QCOM.O) on Monday, aiming to ratchet up pressure on its U.S. semiconductor peer to engage in negotiations, people familiar with the matter said on Sunday. The move comes ahead of a Qualcomm shareholder meeting scheduled for March 6, […] Read more »

The Sound of a Cyber Bubble Popping

The cryptocurrency market is in a meltdown. Bitcoin prices are down nearly 60% from their December highs, and major banks are cutting off credit card access to crypto exchanges—no surprise in the wake of a mania that saw everyone and their dog sharing hot crypto tips. Meanwhile, the cyber-security industry is experiencing its own bubble […] Read more »