In case you’ve been living under a rock for the past week, or studying for finals, you should know Apple (AAPL) is currently pursuing a deal to acquire Beats Headphones. Made iconic by celebrity co-founder Dr. Dre, and countless athletes, Beats headphones have become a popular consumer device among young Americans. If the deal were to go through, Apple would spend $3 billion of its cash reserves.
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Tinder, Spark Your Relationship
Recently, there has been a flurry of iOS dating applications, many of which belong to major dating websites eager to reach their customers through an alternative medium. These applications, although extremely popular, maintain a certain negative appeal. Thus, serious dating companies, like Match.com (a subsidiary of IAC), have updated their iPhone applications to emulate the design of socially acceptable apps, such as Tinder.
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Practice Safe Text
Mark Cuban continues to expand his already impressive portfolio by entering the social media market with a new iOS messaging app, Cyber Dust. The billionaire has invested heavily in the development and promotion of Cyber Dust, describing the app as a combination of Snapchat and WhatsApp. However, unlike Snapchat, Cyber Dust focuses on providing users a secure mobile messaging experience.
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Never Leave Your Wingman
Ever wanted to join the mile high club? There’s an app for that and its name is Wingman: a new application that aims to be the “Tinder of the skies.” The apps’ purpose is to connect people that are at the same airport, or even on the same flight (for better or for worse). The application is still in its beta stage, but is supposed to have a design similar to that of Tinder.
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3D-Farmville... & Drones?
Facebook (FB) continued its massive spending spree a few weeks back, purchasing Oculus VR, a technology company that specializes in virtual reality, for $2 Billion. This acquisition occurred a mere few months after Facebook purchased messaging service WhatsApp, for $19 Billion.
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Is The Game Stopping?
According to the Entertainment Software Association (ESA), “no other sector [in the United States Economy] has experienced the same explosive growth as the computer and video game industry.” In their demographic study of the video game industry, the ESA reports 58% of Americans play video games and 51% of American households own a game console (many of which own more than one).
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Tesla Uncoils For A Momentous Ride
Tesla (TSLA) is a revolutionary electric car company based out of Palo Alto, California. The company was founded, and is now overseen, by billionaire entrepreneur Elon Musk. Tesla’s stock has grown by 600% over the past year, but has also been quite volatile. Interestingly, Tesla’s product portfolio contains only a single car: the Model S.
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