Google Self-Driving Car Project might be worth $70 Billion

“If we assume that Waymo can grow to 1% of global miles driven by 2030 (based on a fleet of three million cars each driving 65,000 miles a year) and that Waymo can generate on average ~$1.25 in revenue per mile driven, it implies a $70 billion Waymo enterprise value,” Nowak wrote. “More miles/year and revenue/mile could lead to an enterprise value of $140 billion.”

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Uber Threatening to fire Otto Founder

Alsup made the request because it sounds as if Levandowski committed theft and Uber bought stolen property which is also a crime. If the FBI and the US attorney can prove Kalanick paid Levandowski $680 million for the stolen files both men might end up in prison.

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Alipay Comes to America

Tim Cook’s worst nightmare then would be Walmart accepting Alipay but saying no to Apple Pay.

That would be a real coup for Ant because Walmart operates 4,672 stores in the United States; including 3,522 supercenters and 660 Sam’s Clubs. It might also force Apple and Alphabet to add QR code to their mobile wallets.

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PayPal Plans to Support Android Pay

Android Pay users will soon be able to make purchases with PayPal through the app. That means PayPal will appear as a payment option in Android Pay, The Verge reported.

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The Strange Relationship between Apple Pay and Western Union

The growth is driven by millennials who are more likely to use digital payment solutions such as Venmo and less likely to have traditional bank accounts or credit cards. These people can get through their days with electronic solutions and cash but still need to receive funds from home and send the occasional money order.

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Comcast Proves Cable is Far from Dead

The huge amount of float that Comcast is generating indicates that a lot of Americans are still paying their cable bills every month. There’s also some statistical evidence out there that indicates the level of cord cutting has been greatly exaggerated.

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The Future of Banking at Goldman Sachs

Strangely enough the future of banking and finance is on display at Goldman Sachs (NYSE: GS). The 147 year-old investment bank is quietly transforming itself into an information technology company, a paradigm shift that will be felt far beyond Wall Street.

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The Unbelievable Number of Scandals at Uber

Uber Technologies Inc. may have become the most scandal plagued company in history. There are so many scandals at Uber that a checklist is needed to keep score.

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Netflix vs. Disney vs. Google what is the Future of Entertainment?

Both entertainment models work but they each have serious drawbacks. Netflix has not figured out how to make its model pay; while Disney is unable to protect its market share. The data suggests that a combination of new and old models would work best.

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WWE shows why Old Media is dying

Investors need to pay attention to Matt Hardy, because his success might be repeated by any performer using open sourced media to totally disrupt the business. This professional wrestler from North Carolina might be showing us the future of entertainment.

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