Terry Fulmer

Terry Fulmer

Followers 45
Following 46
US
Companies such as Amazon and Shopify have seen huge tailwinds to their e-commerce businesses during COVID-19. Not so much for Google. One top Wall Street analyst says it's something Google "needs to address" in the coming months. "I don't know if they have to acquire or develop their way back," he said. A recent internal reshuffle along with some changes to the selling process could help Google in its efforts to claw back in shopping, but it won't be easy. Visit Business Insider's homepage for more stories. While companies such as Amazon, Shopify, and even Facebook have seen huge tailwinds to their e-commerce businesses during the pandemic, Google continues to lag behind. That much was made apparent when the company announced its Q2 earnings last week, revealing an 8% drop in search advertising revenue year on year – and a historic revenue decline overall. Now, Google and analysts have a renewed focus on shopping, but they want to know: can Google catch up? "There's clearly this spike in e-commerce activity – that's what's behind the rise of Amazon, eBay and Shopify – and at some level you wonder is Google less relevant to overall e-commerce than it used to be?" RBC analyst Mark Mahaney told Business Insider. "I think it's something they need to address," he added. Amazon has seen a monumental boost to online shopping during the pandemic,doubling profits to $5.2 billion in the second quarter and exceeding Wall Street expectation by a whopping 600%. Meanwhile, Shopify reported a revenue jump of 97% from a year earlier. "When we have this pandemic-induced spike in online retail, Amazon full participates, Shopify fully participates, and then Google doesn't," said Mahaney. "So it kind of highlights that they're less relevant in e-commerce, I guess that's the clear evidence. That's something to really mull." Google has made several recent notable changes in shopping, which analysts believe could pay off in the coming months. For example, at the end of June, it announced it would make it free for retailers to sell products in search results. Shortly before that, the company shuffled Prabhakar Raghavan – previously SVP of ads, commerce and payments – to the top of a huge internal structure where he'll also oversee search and geo, which could help Google in its efforts to push shopping.  In fact, on an investors call last week Google CEO Sundar Pichai said there would be a "long-term focused effort on shopping with the new leadership team," alluding to the benefits of the reorg in the coming months. But it will be a tough battle ahead, particularly going into the holiday months where Amazon will only reap more of the rewards. "I don't know if they have to acquire or develop their way back. And it may be that they just can't," said Mahaney. "They'll always be relevant, they'll just be at the margins slightly less relevant, and they have enough properties that that's ok. That could be the answer." He added: "If you wanted to sell on the internet, you once had to pay Google and it drove a lot of traffic your way. It's less obvious now that you have to pay Google to grow."SEE ALSO: Google's deal for Fitbit faces an EU probe — and regulators who watched the company break a major promise after buying DoubleClick in 2008 Join the conversation about this story » NOW WATCH: Why thoroughbred horse semen is the world's most expensive liquid
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As the White House zeroes in on a single app, some experts say more pressing issues are going by the wayside.
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We compare four top phones to find which one takes the best selfies.
UK
I’m a big fan of outsourcing essential chores to robots. There is something therapeutic about handing over my responsibilities to a machine instead of another human. Robots have no feelings, no demands, no agency over their actions — they’re simply perfect vessels of servitude (a hot take I expect to pay dearly for when the singularity takes place). True, robots used to get a bad rap when it comes to actually doing their jobs right, but that has been changing recently. I used to be a skeptic, too, but my brief affair with the Roomba i7+ turned me into a believer. To be fair,… This story continues at The Next Web
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Asus is giving its ZenBook 13 and ZenBook 14 some modern updates ahead of the back-to-school season.
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Is TalkTalk the next telecoms takeover target?
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Learn these essential tricks if you want to maximize your iOS productivity and nearly replace your computer.
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(Linköping University) Researchers at Linköping University's Department of Thematic Studies, Environmental Change, have developed a simple logger for greenhouse gas flows. It is built using inexpensive and easily available parts, and provides data on levels of methane, carbon dioxide, temperature and humidity.
UK
The coronavirus pandemic has led to significant disruption to school education in England. Teachers have made a concerted effort to use digital technology and remote teaching and learning to lessen the impact of this disruption on their students. However, thanks to a decade of unambitious government policy, many have faced an uphill struggle. A general lack of preparedness for digital technology in England has left many children without the tools they need to access and benefit from remote learning. Our recent research shows that teachers have been hampered by weak policies surrounding technology supported learning, and by the research behind… This story continues at The Next Web
US
Photo by Aurora Samperio/NurPhoto via Getty Images Monday’s congressional hearing with the chief executives of Facebook, Google, Amazon, and Apple will “likely” be postponed as the late Rep. John Lewis will lie in state at the US Capitol next week. The House Judiciary Committee had initially scheduled the blockbuster hearing for Monday at noon, setting the stage for a dramatic public airing of the various antitrust concerns facing the companies. But a source familiar told The Verge Thursday that “it is highly likely that the House Judiciary Committee will reschedule Monday’s hearing to allow Members of Congress to pay their respects.” “It is highly likely that the House Judiciary Committee will reschedule” It’s still unclear when the hearing will ultimately take place, although the CEOs... Continue reading…
UK
Carrier and unlocked units of the Samsung Galaxy Z Flip 5G are scheduled to ship on Aug. 7, in the United States.
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Did Microsoft convince you that you wouldn’t need to next-gen hardware to play Xbox Series X games? Think again: fully half of the next-gen games that Microsoft showcased at its Xbox Series X showcase today, including Forza, probably aren’t coming to Xbox One. Which suggests either some of those games aren’t actually coming out for a long time — or Microsoft has already broken a big promise it made just last week. For years now, Microsoft has been working toward a future where you don’t need to buy the latest console to play the newest games — many now run on a spectrum of hardware including Xbox One, Xbox One S, Xbox One X, and Windows PCs — and the upcoming Xbox Series X was touted as the culmination of that vision. It will play a... Continue reading…
UK
Halo Infinite gameplay has finally been revealed, and its looking promising for Xbox Series X.
US
Elon Musk became the fifth-richest person in the world on Monday, according to Forbes. His net worth is valued at over $74 billion. The majority of Musk's wealth is tied to shares in his companies, Tesla and SpaceX. Despite factory closures due to COVID-19, Tesla's value has increased by $200 billion since March, vaulting Musk up various indexes of the world's most wealthy individuals. Visit Business Insider's homepage for more stories. Elon Musk's net worth skyrocketed past the $74 billion mark on Monday afternoon, making him the fifth richest person in the world, according to Forbes.  In mid-March, Musk was worth almost $25 billion and was ranked the 31st-richest person by Forbes. Since then, his net worth has nearly tripled, and he has vaulted up the list, passing Warren Buffet, Phil Knight, and Michael Bloomberg on the way.   The majority of Musk's wealth is tied to shares in his companies, Tesla and SpaceX. Tesla's value has increased by $200 billion since March, frequently hitting record highs after delivering stronger-than-expected vehicle delivery numbers.  A smaller fraction of his wealth — about $100 million — is tied up in real estate. But that's likely to change. In May, Musk announced that he planned to sell all of his worldly possessions, and listed nearly $40 million of property. I am selling almost all physical possessions. Will own no house. — Elon Musk (@elonmusk) May 1, 2020   Like many automakers, Tesla has had a tumultuous few months as Americans increasingly stayed inside during shelter-in-place guidelines. Since March, the company's only US car factory faced shutdowns due to the coronavirus. Musk said that stopping production at the factory, based in Fremont, California, posed a "serious risk" to business, and went on to sue the local county over its shelter-in-place orders and reopen in spite of them. Despite these hurdles, Tesla went on to deliver 90,650 vehicles to customers in Q2, topping Wall Street predictions by 20,000 vehicles. In addition, Tesla's stock has been boosted by speculation that the company could be added to the S&P 500 after Wednesday's Q2 earnings report. Tesla also announced that it will be presenting new battery technology at a "Battery Day" in September. Still, Tesla's meteoric stock price has perplexed analysts — and even Musk himself, who sent the stock tumbling after tweeting out that he felt it was overvalued. Tesla stock price is too high imo — Elon Musk (@elonmusk) May 1, 2020   Tesla's car output pales in comparison to its peers like Ford, GM, and Fiat-Chrysler, yet its market cap still dominates the legacy automakers. Tesla is now worth nearly $300 billion compared to Ford's $26 billion, General Motors' $38 billion, and Fiat-Chrysler's $16 billion. Enthusiasm from young investors and day traders have made it a popular stock. Tesla is the 8th-most traded stock on Robinhood, according to trade-tracking website Robintrack. On some days, Tesla trading can be frenzied. Last week, 40,000 Robinhood users added Tesla shares during a four hour period, according to a Bloomberg analysis of Robintrack data. Another of Musk's ventures, SpaceX, has also enjoyed positive publicity following the launch of the Crew Dragon spacecraft, which made Bob Behnken and Doug Hurley the first NASA astronauts to fly on a commercial rocket to the International Space Station. The space technology company is worth nearly $36 billion, according to Pitchbook data. Despite recent gains, Musk's wealth is still dwarfed by four men: Jeff Bezos, Bernald Arnault of LVMH, Bill Gates, and Mark Zuckerberg.  Yet, Tesla's fortunes, as well as Musk's, may change soon. Its second-quarter earnings report is scheduled for Wednesday after the market close. The earnings could propel the stock — and Musk's net worth — even higher, or reverse the big gains from recent weeks.SEE ALSO: The future of Tesla's $200 billion winning streak hinges on this week's earnings report DON'T MISS: These 2 charts show how Tesla's skyrocketing stock has become divorced from the rest of the auto industry Join the conversation about this story » NOW WATCH: Why you don't see brilliantly blue fireworks
China
In Indonesia, ecommerce is encountering roadblocks as it disrupts how *warungs* source products while Grab and Gojek are being used to harass activists.
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(Massachusetts Institute of Technology) Using specialized nanoparticles, MIT engineers have developed a way to diagnose pneumonia or other lung diseases by analyzing the breath exhaled by the patient.
China
A snapshot of the articles our readers enjoyed this week from a smartphone brand’s rapid rise to a budding interest in marijuana in Asia.
China
CUWI just leaked out the news about launching a full-screen new laptop named CoreBook Pro on July 21st. And it will be sold as low ... The post New CHUWI CoreBook Pro coming on July 21st appeared first on Gizchina.com.
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Save $120 on this fantastic cheap gaming desktop from Dell. It's perfect for getting started as a PC gamer.
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T-cell-based immunity may offer longer protection, but initial results are confusing.
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UK telco group Vodafone has long been one of the biggest opponents of banning Huawei. After the recent decision it is still trying to snatch victory form the jaws of defeat.
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Watchdog: Verizon ads falsely implied US-wide coverage for sporadic 5G network.
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CNET's Now What finds at tech once limited to hospitals and institutions is coming home.
UK
Better serves the Northern Powerhouse, but probably a bit too late to become canon.
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Company’s top priority is to maintain its leadership position in technology to support its customers in a bid to seize upcoming opportunities
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The camera system is new and intriguing, but the phone is overpriced Continue reading…
UK
You'll soon be able to control media playing in a different tab using handy pop-out controls.
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The move to empower Macs with Apple Silicon will in future give Apple ginormous control over its platform, enabling it to resolve almost every PC pain point, but the company already sells Macs equipped with Apple Silicon.To read this article in full, please click here
UK
Served up with a steaming side of buttered Bork Bork!Bork!Bork!  Welcome to another in our series of systems suffering from iffy coding or dirty data in the form of a Bork left hanging out for all to see.…
UK
The Black Friday SIMO market is hotting up with all of the key players dropping their unique take on what the ultimate SIM only deal might look like.The latest offer comes from Virgin Mobile, throwing out an affordable tariff for those looking to save some cash.Obviously, this isn't like Three's unlimited offer or Smarty's Supercharged deal, Virgin isn't trying to keep you scrolling for days and instead just wants some low monthly bills - £10 to be exact!That £10 a month lands you a pretty impressive 10GB of data, making this the cheapest way to score that much data.Or, for those who do actually need a bit more leeway when streaming, Virgin has a second Black Friday offer that might be more up your street.Offering up 50GB of data for just £19 a month, it has sliced £6 off the usual monthly price of this contract making it a real bargain for the big streamers out there!
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