Google Inc(NASDAQ GOOG) has strengthened its home automation offerings by buying surveillance camera maker Dropcam for $555 million. The purchase, made by the Google’s Nest brand, shows the search giant’s executives remain convinced that home automation- which has so far been a relatively small market- will greatly expand in the future. The addition of Dropcam…
Alexander Graham Bell would be hard-pressed to recognize his invention today! Telephones and telecommunications have come quite far, yet their evolution is increasingly complex as evidenced by the latest phone systems available to businesses today. Understanding the differences between each system is the only way a business can choose a platform that is right for…
We are maintaining our fair value estimate and economic moat rating for Ingram Micro IM after the company reported solid first-quarter results that indicated consumers across the globe are spending more on IT. Ingram Micro’s sales grew 19% year-over-year to $10.6 billion, with the 2012 BrightPoints and Aptec acquisitions adding $1.85 billion, or 13%, to…
CAVIRTEX has launched its first six bitcoin-branded ATMs in the greater Toronto area. The machines mark the first phase of the exchange’s larger plan to bring 10 bitcoin ATMs to Canada through a partnership with Gateway Newstands, a retail chain with 500 locations in North America. Speaking to CoinDesk, CAVIRTEX’s marketing and business development director…
Discover Financial Service DFS reported net income of $673 million, or $1.33 per diluted share, for the first quarter of 2013. The narrow-moat company continued to generate strong momentum across business lines, increasing book value more than 5% during the quarter, and we may moderately increase our fair value estimate as we incorporate the quarter’s…
Global online payment processor Payza has announced it is now offering customers in 190 countries the ability to buy bitcoin via bank transfer. Payza took to its official blog to reveal the news, though this formal announcement followed preliminary tweets from both Payza business development consultant Charlie Shrem and the London and Montreal-based company itself….
