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Financial Markets Snapshot: 20+ Stories That You Should Read Today

6. Interesting Reads

 

“GoPro today announced the Fusion, a camera capable of capturing spherical video for use in VR and standard video formats through a software solution. The camera will be released this fall. GoPro has yet to name the price. If nothing else GoPro is becoming a camera company again. The Fusion shows that GoPro is going back to its core competency in creating hardware. Action cameras existed before GoPro. But GoPro provided a better complete solution and the market responded by making the company top-selling vendor. GoPro likely hopes the same thing will happen with the Fusion and the rest of the spherical camera market.”

(Tech Crunch)

 

“Apple’s next-generation iPhone 8 is slated to debut this coming September, and it should be released either later that month or sometime soon after. But new flagship iPhones always launch in September, right? While that has been true ever since Apple shifted its release from the early summer to the late summer, recent reports suggest that Apple and its manufacturing partners are having trouble with a key piece of technology expected to debut in Apple’s tenth-anniversary smartphone. According to those reports, Apple was faced with two options: either delay the launch or ditch the tech. And now, perhaps for the first time ever, loyal Apple fans are praying that the company’s hotly anticipated new iPhone is delayed.”

(BGR.com)

 

“If you want to work for yourself without working completely on your own, you might be interested in the most profitable franchises to buy in 2017. Franchises are a pretty lucrative way to make money. You pretty much own your own business without the faff of coming up with your own concept. You own a branch of an already profitable company and try to make more money for yourself and the franchise itself. I remember one time Domino’s messed up my order and when I tried to contact Domino’s via Twitter they told me that they couldn’t do anything about it because the specific location that gave me issues was a franchise, which means I would’ve had to contact that store’s owner directly to address the problems.”

(Insider Monkey)

 

“There is something in the air today. Maybe you’ve noticed. April 20, or 4/20, is known as “Weed Day” in some circles because the date corresponds with a numerical code for marijuana. Yes, it seems arbitrary. So how did the number 420 come to represent smoking pot? First, let’s get the myths and rumors out of the way: The legend of the California penal code: Some claim the number is drawn from the California criminal codes used to punish the use or distribution of marijuana. But the state’s 420 code actually applies to obstructing entry on public land. So, not quite.”

(CNN Health)

“An Earth-like planet orbiting a small, cool star not far from our sun could be the best candidate so far for detecting life. The “super-Earth”, a rocky planet about six times the mass of Earth, orbits close in around the star LHS 1140, a red dwarf star about 40 light years from Earth. It’s in the “Goldilocks region”, an orbit where it’s not too hot and not too cold, so liquid water can exist on its surface. It was spotted by scientists at the MEarth observatory, and the research is published today in Nature.”

(BuzzFeed.com)

 

“Detroit — General Motors has stopped doing business in Venezuela after authorities took control of its only factory there in what GM called an illegal judicial seizure of its assets. The plant was confiscated on Wednesday as anti-government protesters clashed with authorities in a country that is roiling in economic troubles such as food shortages and triple-digit inflation. The Detroit automaker said in a statement Thursday that other assets such as vehicles were taken from the plant, causing irreparable damage to the company.”

(The Detroit News)