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Amazon is catching up to Google on voice recognition (AMZN, GOOG)

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Cryptocurrencies are 'in the 3rd inning' — and Wall Street is just getting started

The rapid rise of bitcoin, the red-hot cryptocurrency up more than 400% this year, has Wall Street abuzz. 

Still, despite its meteoric rise, bitcoin by many measures is still in its very early days. Bitcoin and other cryptocurrencies are used, for instance, by a very small percentage of people and institutions are just starting to look at building out a sophisticated market around the space. 

"We are in the third inning of a burgeoning new asset class," said BlockTower Capital cofounder Matthew Goetz in a recent interview with Business Insider. 

Credit Suisse agrees with Goetz's thesis. In a note out to clients Friday, analysts Paul Condra and Mrinalini Bhutoria wrote "the investment infrastructure is emerging."

Amazon's Alexa is dominating the smart speaker landscape (AMZN, GOOG, GOOGL)

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GM bought a little-known startup and suddenly became a dominant force in self-driving cars (GM)

General Motors and Cruise Automation made news by buying Pasadena-based Strobe, Inc. Strobe's CEO explained how the deal happened. She also provided details on the company's technology.

Julie Schoenfeld has seen the future of the self-driving, and it depends a single critical piece of technology.

"Everybody is kicking the tires on every Lidar company," the CEO of Strobe, Inc. said. 

Lidar is "laser radar," and anyone who has seen what Schoenfeld, who started Strobe in 2014 and sold it last week to General Motors for an undisclosed amount, entertainers referred to a "spinning Kentucky Fried Chicken" bucket atop an experimental autonomous vehicle from Waymo or Uber knows what Lidar looks like.

The 13 best subreddits everyone should follow
Posted October 13, 2017 0:24 AM
The 13 best subreddits everyone should follow

Reddit can be an incredibly fun tool, if you know how to use it.

The so-called "front page of the internet" might look a bit drab, as its design hasn’t changed much since its 2005 debut. But if you only think of the site as a text-based forum for discussion, you're missing out on some of its best aspects.

If you follow the right "subreddits" — areas of interest created and moderated by other Reddit users — you’ll always have plenty of interesting links, photos, videos, and GIFs to gawk at and share.

There are literally millions of subreddits out there, but here are the 13 best:

1. r/mademesmile

For when you need a quick video clip to brighten your mood.

2. r/natureisf-----glit

For the occasional but necessary reminder that nature is downright incredible.


What you need to know in advertising today
Posted October 13, 2017 0:24 AM
What you need to know in advertising today

Facebook said it has discovered roughly $100,000 in ad buys between June 2015 and May 2017 associated with roughly 3,000 ads. A number of these ads specifically targeted Michigan and Wisconsin, two states where US President Donald Trump won by approximately 10,700 votes and 22,700 votes, respectively.

The money spent may seem insignificant at first glance, but Facebook's advanced and granular targeting options may have given that dollar amount significant reach and engagement.

To see how easy it would be for just about anyone to use Facebook's targeting parameters to reach their desired audience, we asked three media agencies to come up with media plans and budgets — in this case specifically for someone looking to swing an election in Michigan and Wisconsin.

Facebook's 3D posts could pique VR interest (FB)
Posted October 13, 2017 0:54 AM
Facebook's 3D posts could pique VR interest (FB)

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The Clean Power Plan is among dozens of environmental rules that Trump is reversing — here are the key others

President Donald Trump has said he believes climate change is a hoax.

So it's no surprise that Trump's EPA administrator, Scott Pruitt, has announced plans to roll back the Clean Power Plan — Obama's signature pollution-curbing legislation.

Since entering the White House, Trump's administration has made efforts to revoke or reverse 52 Obama-era environmental polices aimed at fighting the gradual warming of the planet.

Trump has

Bitcoin just hit an all-time high — here's how you buy and sell it

Bitcoin hit a record high of $5,866 on Friday, October 13, after a dismal September in which the cryptocurrency fell to $2,900 a coin on September 15.

Two years ago, the idea of buying the virtual currency even at that price was laughable. After a rapid rise in value in 2013, the cryptocurrency's value more than halved by mid-2015.

At its lowest point, one bitcoin was equal to about $230.

The next great Aston Martin convertible has arrived

On Friday, Aston Martin unveiled the new DB11 Volante convertible.

Volante means "flying" in Italian and is Aston's designation for its convertible models.

The stylish drop-top is the third variant of Aston Martin's next-generation grand tourer to debut, after the V12 and V8 Coupes.

The new Volante is an important addition to Aston's lineup. The open roof GT is expected to account for half of all DB11 sales worldwide, Aston Martin CEO Dr. Andy Palmer told Business Insider.

The DB11 Volante will be powered by a new 503-horsepower, 4.0 -liter, twin-turbocharged V8 engine that debuted on the V8 Coupe.