For any young professional, networking is of the upmost importance. From business to academics, your connections will forever offer you widespread knowledge and allow you many "real world" opportunities. However, tracking and maintaining your connections is by no means simple. In fact, if you network correctly, it can be timely and exhausting. Luckily, we have LinkedIn (LNKD) to help us with such a process.
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Google's Android Watch
For two days in June (June 25-26, 2014), San Francisco hosts Google’s (GOOG) largest developer conference of the year, Google I/O. This is where Google unveils its newest technology and developer tools. Today, Google started the festivities with a 2.5-hour keynote address. Here are the highlights and possible game-changing technologies that Google plans to release in the coming months.
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Apple Approves First Bitcoin App
After a recent update to its iTunes policy for developers, Apple (AAPL) has decided to include Bitcoin-related applications, specifically those that promote in-app purchases, in its App Store. Apple was initially skeptical about iOS-based Bitcoin apps, but the newly implemented bylaws permit apps to use the virtual currency so long as they adhere to regional state and federal laws (click here to read more about why Apple must evolve to survive).
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Buds, Barley, & Bills
There is no denying that Americans love beer, especially during warm summers. From barbeques to camping, beer is an indispensable component of most warm-weather activities. Thus, it should come as no surprise that two of the largest beer companies, Anheuser-Busch (BUD) and Molson Coors (TAP), are currently the driving force behind the recent success of the economy’s consumer goods sector.
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Facebook's Slingshot
In an effort to replicate Snapchat, Facebook (FB) has updated its Messenger application so that users can send their friends 15-second videos (read The Ghost Of Snapchat for more information). This effort is the latest push by Facebook to increase its mobile messaging presence. The company previously purchased its most notable competitor, WhatsApp, for $19 Billion. Facebook’s Messaging application alone has over 200 million active users per month.
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An Uber Investment
Last Friday, transportation network provider Uber announced that it raised an additional $1.2 billion of primary capital, raising its valuation to $17 billion. In just one year, Uber’s perceived value has quadrupled; furthermore, the company is a mere four years old. Now, Uber operates in 128 cities, in 37 countries, around the world and is worth more than rental car competitors Avis (CAR) and Hertz (HTZ).
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Apple Beats Down Critics
Last Wednesday, May 28, 2014, Apple (AAPL) announced its $3 billion acquisition of Beats Music. The deal was finalized after three weeks of intense media coverage, and after the negotiations were leaked to the press. Previously, I endorsed Apple’s decision to purchase Beats for several reasons, including its brand recognition value, headphone market share, and popular music streaming service.
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