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Elon Musk Falls To Second Richest Person In The World After His Fortune Drops Nearly $14 Billion In One Day - Forbes
Musk, who became the world’s richest person on Friday according to Forbes, loses that spot after Tesla’s stock fell nearly 8% on Monday.
Musk, who became the worlds richest person on Friday according to Forbes, loses that spot after ... [+] Teslas stock fell nearly 8% on Monday. Yasin Ozturk/Anadolu Agency via Getty Images After a brief stint as the wealthiest person on the planet, Tesla billionaire Elon Musk is again the second-richest person in the world after his fortune fell by nearly $14 billion in one day. Shares of his electric-vehicle maker, Tesla, fell by nearly 8% on Monday, pushing Musks net worth down by $13.5 billion, to $176.2 billion. After briefly overtaking Amazon CEO Jeff Bezos as the worlds richest person last Friday, Musk has again fallen to second spot, according to Forbes estimates. He is now about $6 billion behind Bezos, who has a net worth of $182.1 billion. Shares of Amazon fell by more than 2% on Monday, lowering Bezos net worth by $3.6 billion. Over the course of 2020, Musk received several tranches of options worth billions of dollars each as Tesla hit various market capitalization and EBITDA milestones. The board of directors of Tesla certifies the award of each tranche, and then issues a statement in a regulatory filing with the Securities and Exchange Commission. Musk appears to be eligible for another tranche of 8.44 million optionsworth around $6.25 billion as of Mondays closing pricebut Forbes hasnt yet attributed these options to Musk because the board hasnt publicly certified them. (Bloomberg appears to count Musks latest tranche of options in its net worth calculations for Musk.) Fueled by the skyrocketing Tesla share price, Musks fortune has increased by around $150 billion since March 2020, when he was worth $24.6 billion. Teslas stock rose more than 720% in 2020, and has already gained another 12% in the first week of 2021. Tesla joined the S&P 500 Index in late December 2020, a move that drove the stock higher as well. The worlds most valuable automaker, Tesla produced half a million cars in 2020a fraction of the production at global giants like GM and Toyota. Despite Musks drop on Monday, he is still some $20 billion richer than the third richest person in the world, French luxury tycoon Bernard Arnault (worth $154.6 billion today).
27 Best Apple Cyber Monday Deals: Save Up To 50% on AirPods, IPhones, MacBooks And More - Forbes
Apple Cyber Monday is in high gear with more than 27 products on sale, including iPhones, iPads, AirPods, MacBooks and more.
If youve spent the last few weeks waiting for colossal sales on Apple products, you probably know by now thats not the way Apple rolls. While there certainly have been a few interesting deals, Apple itself doesnt really discount its products for Black Friday or Cyber Monday, leaving that to retailers. And this year, even those price breaks (with a few exceptions) have been modest. But the game isnt over yet: Cyber Monday is here, and there are still some great deals to be had. Tip: Bookmark this page for easy access to the latest Cyber Monday Apple deals 2020. Well be updating this story with the newest discounts as theyre available. There are still some solid deals available on Apple products during Cyber Monday sales. Apple One place to save some money is at Apple, as long as you set your expectations properly. While the Cupertino tech giant isnt known for offering much in the way of discounts on Black Friday or Cyber Monday, you can pocket some Apple gift cards with eligible purchases. Apples four-day shopping eventnow in full swingconcludes on Monday, Nov. 30 and can earn you a $50 gift card with the purchase of an iPhone, a $25 card for the Apple Watch or AirPods, and so on. Want to learn more? Scroll to the end of this article for details on Apples sales event. Meanwhile, major retailers like Amazon, Walmart and Best Buy have been discounting Apple products for weeks in the runup to Black Friday, and the sales on stuff like AirPods, iPhones, iPads, and MacBooks are still going strong. Unfortunately, the very best deals are over, and wont be back this year. The AirPods Pro hit an all-time low price of $170, for example, at a couple of retailers, and sold out quickly. But there are still at least two dozen good deals in play. Here are the best Cyber Monday sales on Apple products still running. And check back later, because we will update this story if new and better deals happen to materialize. Best Apple Cyber Monday Deals: iPhones Verizon Wireless Apple iPhone 12 BUY FROM VERIZONGet up to $700 off the price of an iPhone 12 when you trade in your existing phone and purchase an unlimited line. AT&T Apple iPhone 12 BUY FROM AT&TGet up to $700 off the price of an iPhone 12 when you trade in your existing phone. Here are a few other iPhone deals happening right now: Best Apple Cyber Monday Deals: AirPods and Audio Apple AirPods Pro - White and kate spade new york - AirPods Pro Case Hollyhock BUY FROM BEST BUY BestBuy Beats by Dr. Dre - Powerbeats Pro Totally Wireless Earphones - Moss BUY FROM BESTBUY Best Apple Cyber Monday Deals: Apple Watches Amazon Apple Watch Series 6 (GPS, 40mm) Aluminum Case with Navy Sport Band BUY FROM AMAZON Amazon Apple Watch SE (GPS, 44mm) Aluminum Case with Sport Band BUY FROM AMAZON Best Apple Cyber Monday Deals: iPads Amazon Apple iPad Pro 12.9-inch, Wi-Fi, 256GB - 4th Generation BUY FROM AMAZON Apple Apple iPad Pro 12.9" (64GB, Wi-Fi + 4G LTE, Space Gray, Previous Gen) BUY FROM B&H Apple Apple 10.2" iPad (Late 2019, 128GB, Wi-Fi + 4G LTE, Space Gray) BUY FROM B&H Apple Apple 11" iPad Pro (Early 2020, 256GB, Wi-Fi Only, Space Gray) BUY FROM B&H BestBuy Apple Smart Keyboard Folio for 12.9-inch iPad Pro (3rd Generation 2018) and (4th Generation 2020) BUY FROM BESTBUY Best Apple Cyber Monday Deals: Macs Apple Apple 27" iMac with Retina 5K Display (Mid 2020) BUY FROM B&H Best Apple Cyber Monday Deals: MacBooks Apple Apple MacBook Pro (13-inch, 16GB RAM, 512GB SSD) BUY FROM B&H Amazon Apple MacBook Pro 16-inch, 16GB RAM, 1TB Storage, Intel Core i9 BUY FROM AMAZON Apple Apple 16" MacBook Pro (Late 2019, Space Gray) BUY FROM B&HCPU: Intel 9th Gen Core i9 eight core Memory: 64GB Storage: 2TB GPU: AMD Radeon Pro 5500M 8GB Apple Apple MacBook Air 13.3-inch (2019, Space Gray) BUY FROM B&H When is Cyber Monday? Cyber Monday is on November 30th. Retailers started Black Friday sales very early this yearthe first sale events were on November 3, and all the major stores had online and in-store sale events all throughout the month. But the current sales wont last long. Is there an Apple Cyber Monday sale? Yes, Apple does have its own combination Black Friday/Cyber Monday sale, but as usual, its more about offering Apple gift cards rather than lowering prices. This year, Apples four-day Black Friday event starts on Nov. 27 and runs until Nov. 30. Here are the major deals Apple has planned:
- Get a $150 Apple Gift Card with the purchase of an eligible MacBook Pro.
- Get up to a $100 Apple Gift Card when you buy an Apple TV and HomePod.
- Get up to a $100 Apple Gift Card with the purchase of an iPad Pro or iPad mini.
- Get a $50 Apple Gift Card with the purchase of an eligible Beats headphone.
- Get a $50 Apple Gift Card with the purchase of an iPhone SE, iPhone 11, or iPhone XR.
- Get a $25 Apple Gift Card when you buy an Apple Watch Series 3.
- Get a $25 Apple Gift Card with AirPods Pro, AirPods with Wireless Charging Case, or AirPods with Charging Case.
Ugg Black Friday Sale: The Best New Ugg Deals Available Now - Forbes
Ugg has a lot in store for Black Friday this year, including the brand's annual "Cyber Closet 2020" event, live now. Here are our favorite picks from all of the Ugg deals available now.
Ugg has a lot in store for Black Friday this year, and thankfully the brand has already let shoppers know what to expect. In addition to Black Friday and Cyber Monday deals kicking off on November 27 and November 30 respectively, with new styles added daily Ugg has officially launched its annual Cyber Closet 2020 event, featuring markdowns over 60% off on shoes, seasonal boots, apparel, and more. Tip: Bookmark this page for easy access to updates on Ugg Black Friday deals now through Cyber Monday. For more tips on great Black Friday sales, see our favorite clothing deals. While big ticket items like classic shearling boots and sheepskin accessories are bound to sell out quickly throughout the week, you can also expect to see major Ugg discounts at select retailers, including up to 60% off at Nordstrom. Regardless of where you shop, youll want to move fast. Psst: Want more Black Friday? You can jump to our guides for Walmart deals, Target deals, Amazon deals, Macys deals, Kohls deals, and everything we know about the best Black Friday sales so far. Best UGG Black Friday Deals: Deals For Women Best UGG Black Friday Deals: Deals For Men Best UGG Black Friday Deals: Deals For Kids Nordstrom UGG Fluff Mini Quilted Boot (Walker, Toddler, Little Kid & Big Kid) BUY FROM NORDSTROM Nordstrom UGG® Classic II Shimmer Metallic Bootie (Walker, Toddler, Little Kid & Big Kid) BUY FROM NORDSTROM
Apple Black Friday 2020: AirPods Pro, iPad, iPhone, New MacBook Pro Deals - Forbes
The best Apple Black Friday 2020 savings with deals on AirPods Pro, iPhones, iPads, 16-inch MacBooks, iMacs, the Apple Watch and Beats By Dre headphones...
Black Friday sales on Apple products have already begun. As usual, you wont find the best deals at Apple itself so I have rounded up the top live deals you will find around the web. These include big savings on AirPods, iPhones, iPads, iMacs, MacBooks, the Apple Watch and Beats headphones. Black Friday 2020 sales on Apple's biggest devices are already live. AFP via Getty Images Note: if you are waiting to see what Apple offers, dont bother. The best it has come up with in recent years is an Apple Store Gift Card, and deals are primarily on older products. The deals below are much better. Best Black Friday Apple iPhone Deals
- 11/15 STAR DEAL - iPhone 12 mini, iPhone 12, iPhone 12 Pro and iPhone 12 Pro Max - Save up to $800 on activation and qualified trade-in with AT&T and save up to $440 on activation and qualifying trade-in with Verizon and T-Mobile - BestBuy - shop deal now
- 11/15 STAR DEAL (Ends 11/18) - iPhone 12 Pro Max and iPhone 12 Pro Mini. Save up to $800 on a second device with Verizon - Costco - shop deals now
- 11/15 DOORBUSTER DEAL (Ends 11/19) - iPhone 12. Save up to $800 on activation with AT&T - Costco - shop deal now
- 11/15 Straight Talk Apple iPhone XR, 64GB Black - Prepaid Smartphone - $299 (save $100) - Walmart - shop deal now
- 11/15 Total Wireless Apple iPhone SE 2nd Generation, 64GB Black - Prepaid Smartphone - $199 (save $150) - Walmart - shop deal now
- 11/15 Apple iPhone Xs Max, 512GB, Gold - Fully Unlocked (Renewed) - $709.99 (save $390) - Amazon - shop deal now
- 11/15 New Apple iPad (10.2-inch, Wi-Fi, 128GB) - Silver (Latest Model, 8th Generation) - $395 (save $34) - Amazon - shop deal now
- 11/15 New Apple iPad (10.2-inch, Wi-Fi, 32GB) - Gold (Latest Model, 8th Generation) - $299 (save $30) - Amazon - shop deal now
- 11/15 Apple iPad Air 2, 128 GB, Space Gray, (Renewed) - $279.49 (save $120.50) - Amazon - shop deal now
- 11/15 New Apple iPad Pro (12.9-inch, Wi-Fi, 256GB) - Space Gray (4th Generation) - $999 (save $100) - Amazon - shop deal now
- 11/15 Apple iPad Pro (10.5-inch, Wi-Fi + Cellular, 64GB) - Rose Gold (Previous Model) - $675.45 (save $103.55) - Amazon - shop deal now
- 11/15 New Apple MacBook Pro (16-inch, 16GB RAM, 1TB Storage, 2.3GHz Intel Core i9) - Space Gray - $2,499 (save $300) - Amazon - shop deal now
- 11/15 New Apple MacBook Pro (16-inch, 16GB RAM, 1TB Storage, 2.3GHz Intel Core i9) - Silver - $2,539 (save $260) - Amazon - shop deal now
- 11/15 New Apple iMac with Retina 5K Display (27-inch, 8GB RAM, 256GB SSD Storage) - $929 (save $70) - Amazon - shop deal now
- 11/15 Apple MacBook Pro (13-inch, 8GB RAM, 256GB SSD Storage, Magic Keyboard) - Silver (Previous Model) - $1,219 (save $80) - Amazon - shop deal now
- 11/15 Apple AirPods Pro - Amazon - $199.98 (save $49) / Target: 199.99 (save $50)
- 11/15 Apple AirPods with Charging Case (Wired) - Amazon - $128.98 (save $30.02) / Target: $129.99 (save $30)
- 11/15 Apple AirPods with Wireless Charging Case - Amazon - $159.98 (save $39.02) / Target: $159.99 (save $40)
- 11/15 Beats Studio3 Wireless Over-Ear Noise Canceling Headphones - $174.99 (save $175) - Target - shop deal now
- 11/15 Apple Watch Series 5 (GPS + Cellular, 44MM) - Gold Aluminum Case with Pink Sand Sport Band (Renewed) - $379 (save $150) - Amazon - shop deal now
- 11/15 Apple Watch Series 4 (GPS + Cellular, 44MM) - Space Black Stainless Steel Case with Black Sport Band (Renewed) - $324.97 (save $46.66) - Amazon - shop deal now
- 11/15 Apple Watch Series 3 (GPS, 38mm) - Silver Aluminum Case with White Sport Band - $179 (save $20) - Amazon - shop deal now
- 11/15 New Apple Watch SE (GPS + Cellular, 44mm) - Space Gray Aluminum Case with Charcoal Sport Loop - $309.99 (save $49.01) - Amazon - shop deal now
- 11/15 SAVING INCREASED - Apple Magic Keyboard with Numeric Keypad (Wireless, Rechargable) (US English) - $119 (save $10) - Amazon - shop deal now
- 11/15 Apple EarPods with Lightning Connector - $16.98 (save $13.01) - Amazon -shop deal now
- 11/15 Stylus Pen for iPad with Palm Rejection, Active Pencil Compatible with (2018-2020) Apple iPad Pro (11/12.9 Inch),iPad 6th/7th Gen,iPad Mini 5th Gen,iPad Air 3rd Gen for Precise Writing/Drawing - $33.99 (save $13) - Amazon -shop deal now
Warning Issued For Millions Of New iPhone 12 Users - Forbes
Apple's new iPhone 12 range is suffering from serious messaging problems...
Apples new iPhone 12 range is selling like hot cakes, but millions of potential upgraders should now hold fire. Apple's iPhone 12 line-up is suffering from serious SMS messaging problems Apple MORE FROM FORBESHuge Real World iPhone 12 Pro Performance Gains RevealedBy Gordon KellySpotted by MacRumors, large numbers of users are reporting that SMS messaging on the new iPhone 12 models is broken. Complaints range from being unable to send or receive SMS, to missing messages in group chats and no notifications for the SMS messages which do get through. The problem also appears to be hitting some older models. Consequently, the official @applesupport Twitter account is being litup by frustrated users: @AppleSupport When will you fix the issue on the iPhone 12 pro where I, and most other iPhone 12 pro users, are not receiving SMS texts? - source I can confirm this is true. Im missing about 1/3 of the texts in a green bubble group chat and I have an iPhone 12 Pro Max. Wife is on iPhone X with iOS 14.2 and shes not missing any. - source Hey @AppleSupport I just got my new iPhone 12 pro max and Im not getting sms messages. Can you help? - source When will the bug that causes me not to receive all SMS text messages be resolved? Ive been an iPhone user for 10 years, but Im about to return this iPhone 12 Pro. - source @AppleSupport is there a fix for the major issue of the iPhone 12 not receiving SMS group text messages? This is becoming very annoying. - source @AppleSupport are you guys ever going to fix the iMessage/text issue with the iPhone 12. It really sucks missing 25% of my texts. - source I havent been getting text notifications ever since I updated my phone and Im SO ANNOYED @Apple - source @AppleSupport Um what's going on with SMS TEXTS? I am getting any SMS text like 24 hours later. - source @AppleSupport I need the text message notifications bug fixed. I keep missing important text messages ever since I downloaded iOS 14. - source Interestingly, for some owners of older iPhones it appears that this problem has been bubbling under the surface since the arrival of iOS 14. But only with the launch of the new iPhone 12 models has the problem seemingly become widespread, something Apple has yet to acknowledge: I've got trouble tickets with Apple and Tmobile and nothing from either yet. Escalated to engineering but havent heard anything. Apple tech was VERY suspicious that it is their issue, but it's so widespread. - source I have contacted Apple and will update this article when I receive a response. In the meantime, given the potentially serious consequences that occur from not receiving SMS messages (also crucial for two-factor authentication), I would advise buyers considering any iPhone 12 model to hold off on their purchase until this is fixed. ___ Follow Gordon on Facebook More On Forbes 1TB iPhone 13 Tipped, Doubles iPhone 11 Pro Storage Apple iOS 14.2 Release: Should You Upgrade?
Apple’s iPhone 12 Will Cause Serious Problems For Samsung, Google - Forbes
Why Apple new iPhones are going to destroy the competition...
Concerns around the iPhone 12 range are growing, thanks to price hikes and warnings about MagSafe. That said, new tests have revealed one area where Apple's new iPhones will destroy the competition. Apple's iPhone 12 Pro finally fixes the iPhone's biggest weakness Apple MORE FROM FORBESApple iOS 14.1 Release: Should You Upgrade?By Gordon KellyPopular YouTuber Filip Koroy (aka EverythingApplePro) has revealed the iPhone 12 Pro delivers real world speed improvements which are off the scale compared to anything synthetic benchmarks, or even Apples own marketing has claimed up to now. In fact, not only does the iPhone 12 Pro demolish previous iPhones, it wipes out the one long-standing advantage held by rival Android phones: multitasking. Breaking this down, Koroys test opens a large number of apps before reopening each app in order - this is a popular test because it mimics real world usage. The iPhone 12 completes the test in just 2 mins 49 seconds, compared to over 4 minutes from both the iPhone 11 Pro (running hot but in line with past tests) and the iPhone XS. Koroy puts this down to gains from Apples impressive A14 Bionic chipset but the unsung hero here is RAM. The iPhone 12 Pro is the first iPhone to come with 6GB RAM and this enables the phone to hold all apps in memory without reloading. Every single application that I opened after running a 4K video export was still preloaded in the background. I have never seen this on an iPhone. This is new. Apple has finally fixed the multitasking issue on the iPhone. Historically, Apples decision to fit iPhones with 2-4GB RAM has seen iPhones lose out to Android rivals here because they cant hold many apps in memory, which causes lengthy reload times. This cancels out the big performance gains Apples A Series chips have long held over Android phones, in terms of raw speed. This can be seen in the video below, where Samsungs Galaxy Note 20 Ultra comes from miles behind to overtake the iPhone 11 Pro. And it was a big advantage. While synthetic benchmarks have given Apple a huge lead over its rivals for years now, the reality is our smartphone usage consists primarily of moving between apps, rather than the scores we get from benchmarks trying to max out the CPU and GPU. And this is worrying news for both Samsung and Google, at different price points. At the high end, Samsungs Galaxy S20 Ultra and Note 20 Ultra are already more expensive than the iPhone 12 Pro Max, and now they are heavily outgunned as well. Meanwhile, for Google, it took the risky move to put a lower performance chipset in the Pixel 5 (whose speed was already far behind last years iPhone) and now the A14 Bionic in the iPhone 12 and iPhone 12 mini looks set to put it to the sword. In fact, the biggest worry for Apple at this stage is less likely to be the competition than its next iPhone. A legal settlement with Qualcomm forced Apple to publicly reveal iPhone modem plans for the next four years and here the iPhone 13 looks like a game changer. For everyone else, things just got a lot harder. ___ Follow Gordon on Facebook More On Forbes First Apple iPhone 13 Leaks Reveal Smaller Notch, ProMotion Display, Touch ID Apple iOS 14.1 Release: Should You Upgrade?
Huawei Launches Stunning New Strike At Google To Beat Android - Forbes
This could be Huawei's biggest "fight" with Google yet...
Barcroft Media via Getty Images And so the Mate 40 has finally launched. Set against the backdrop of U.S. restrictions on the chipsets required to power Huawei devices, and with Google still missing, Chinas leading smartphone manufacturer has released another stellar device that will stall outside China based on factors outside its control. And while the U.S. blacklist is the real existential issue, yet again its that loss of Google stealing the headlines. Alongside the Mate 40, Huawei also announced its enhanced Petal Search, part of a new app family that includes the companys long-awaited Google Maps replacement. This is a stunning strike at Googles search dominance on Huawei devicesat least those that sell outside China. With Google now under scrutiny given its dominance of web search, it is unsurprising that Huaweidriven by the loss of Googleis getting in on the act. With hundreds of millions on its ecosystem, its a compelling opportunity. That said, it brings a fundamental issue for Huawei to contend with: trusted content. While no-one expects streets to shift or disappear, when it comes to news and events, history and general web search, its a different matter. Huaweis initial Petal Search was designed to find apps U.S. restrictions had prevented from being loaded onto new phonesGoogles apps, but other U.S. staples as well, including social media and entertainment offerings. But now its all changed. Petal Search has become a fully-fledged search engine in its own right, akin to Huawei Search, which was road-tested in March but was never fully released. There are a whole raft of implications from this latest updatea threat to Googles core business model as a mainstream smartphone maker goes its own way, a threat to U.S. dominance on mobile internet standards and staples for the same reason, but also a serious question about a Chinese company providing a search engine to the west. This is rather like the issue highlighted by TikToks provision of content to western users. This year we have seen China tighten its influence on its domestic search engines, while obviously prohibiting western equivalents from even operating in the country. When I reported on Huawei Search, a company insider assured me there would be no issues of censorship applied to search results outside China. But then TikTok says the same, and still the question has always dogged the platform. More critically for Huawei, though, the equation has materially changed since its launch of an in-house search engine was first touted back in March. At the time, this was part of an alternative ecosystem to Googles, one that would include mail and maps. But now, with the brutal U.S. clampdown on chipset sales, Huawei is looking at morphing from phone maker to software ecosystem provider. Under that model, its search engine and other apps would be provided to a range of other OEMsif it can secure them, and not just for its own use. According to GSMArena, the Petal Search app now works as a general search engine providing results for regular queries alongside news, images and videos. You can also use it for shopping and booking flights just like on Google or Bing. In our testing search results were provided by Microsoft Bing though other reports claim that regions like Spain and Turkey feature independent indexing directly from Huawei. Petal Search Huawei And so, as 2020 nears its end, Huawei has launched another exciting smartphone and yet more software within its ecosystem, yet as it does so, its stockpile of chipsets is depleting and it does not have an answer to plug a 2021 gap that could see smartphone sales drop from an expected 180-200 million units down as low as 50 million. Even as it faces that challengeand the company has described its imminent fight to beat Android as a must-win battle for survival, the reality is that sales outside China will remain constrained unless and until it can restore Google. Huaweis expanding ecosystem will do nothing to shift millions of European customers away from the apps and full-fat Android experience they expect from their devices. And in that regard, the other news this week is the latest reported solution to restore Google Mobile Services to ineligible Huawei phones. According to XDA-Developers, Googlefier is a new way to use the LZPlay GMS recovery software that appeared last year before being withdrawn. Youll then be able to install the Google Play Store and other Google apps on your device and then log into your Google account. This week, Huawei reported revenues for the first three quarters of the year up 9.9%, down from around 24% growth for the same period last year. The company says that this basically met expectations. With the combined challenges of the blacklist and coronavirus, Huawei says that it will do its best to find solutions, to survive and forge forward, and to fulfill its obligations to customers and suppliers. Recent reports that Huawei may divest its Honor brand of smartphones illustrate just how drastic might be Huaweis strategy to escape the U.S. blacklist stranglehold. There are two ways off viewing that potential news. First, that it might be a test-bed for Huawei breaking up into smaller, less threatening parts to appease Washington. Or, second and more radically, that Huawei can divest its smartphone brands and then seek to onboard those brands (which will then have access to required chipsets) to the companys open-source HarmonyOS alternative to Android. Its hard to overstate how critical the next few months will be for Huawei. A depleting chipset stockpile allied to any newly minted licenses for chipmakers to restore their supplies, the continuing progress of HarmonyOS toward a smartphone launch and whether or not its open-source version attracts any major takers, the continued expansion of the HMS app ecosystem, ever more countries opting for alternatives to Huawei for the 5G networks. Plus, of course, the small matter of a U.S. election and any impact that may have on the tone of the current crackdown.
Samsung Leak Reveals Stunning New Galaxy Smartphones - Forbes
Samsung's radical new flagship smartphones have been revealed and they're coming a lot sooner than you think...
Samsungs Galaxy S21 is going to arrive surprisingly soon and not only has Samsung now confirmed the new models, we now also know they will have stunning new designs. Leaked Samsung Galaxy S21 Ultra shows a stunning new camera design OnLeaks / Voice MORE FROM FORBESGalaxy S21 Early Release Uncovered In New Samsung LeakBy Gordon KellyFirst up is Samsung, which was good enough to confirm the Galaxy S21 for the first time after the company submitted the phone for certification through Chinas public 3C certification program. The certification confirms its model number is SM-G9910, the Galaxy S20s model number is SM-G981. Next comes the juicy part. Famed smartphone leaker Steve Hemmerstoffer (aka @OnLeaks) has spilled the motherlode on his profile at new social network Voice. Across four separate posts, Hemmerstoffer has revealed Samsungs new designs for the Galaxy S21, the Galaxy S21 Ultra as well as 360 degree videos of both phones. And theres a lot to like. Samsung's new Galaxy S21 Ultra design is head-turning OnLeaks / Voice The most eye-catching change is Samsung will equip the range with radically overhauled camera housings which subtly mold into the side of each phone. Its unlike anything I have seen in smartphone design and looks stunning. That said, the Galaxy S21 Ultra camera housing is massive, taking up almost half the width of the phone, and it fits no less than four cameras plus the flash. Samsung Galaxy S21 Ultra render OnLeaks / Voice Interestingly, Hemmerstoffer notes that Samsung may fit two zoom cameras and does not rule out S-Pen support (which has been hotly tipped), though neither the Galaxy S21 nor the S21 Ultra have a dedicated slot for an S-Pen in their leaked designs. In addition to this, Hemmerstoffers designs show steps both forwards and backwards. The Galaxy S21 Ultra is a big step forward with virtually no bezels, but the Galaxy S21 seems to have thicker (though more symmetrical) bezels than its predecessor. This could mean Samsung is continuing the unpopular policy introduced with the Galaxy Note 20 lineup of downgrading the entry-level model to upsell its more expensive stablemate. I hope not. Samsung Galaxy S21 first renders reveal thicker bezels OnLeaks / Voice In terms of dimensions, Hemmerstoffer reveals that the Galaxy S21 Ultra will have a display of between 6.7 and 6.9-inches (the S20 Ultra uses a 6.9-inch panel) and measures 165.1 x 75.6 x 8.9mm (10.8mm with camera bump) - making it slightly smaller than its predecessor. While the Galaxy S21 matches the S20 with a 6.2-inch display and virtually identical measurements of 151.7 x 71.2 x 7.9mm (9.0mm with camera bump). And Hemmerstoffer closes by confirming the big news leaked earlier this week: Samsung will indeed step up the launch of these phones by several months. That said, he believes it will be early January rather than December. Either way, Apples new iPhone 12 range will face next generation smartphone competition a lot sooner than usual and, given that range has several eye-opening limitations, its a good time for Samsung to be more aggressive. Disclosure: I am a paid consultant to Voice, backed by Block.one, a source for this post. The information in this post was publicly available prior to publishing on Forbes ___ Follow Gordon on Facebook More On Forbes Galaxy S21 Early Release Uncovered In New Samsung Leak Samsungs Galaxy Note 20 Smartphone Has Serious Problems
19 Under-$50 Amazon Prime Day Deals To Score Before The Sale Ends - Forbes
Whether you’re sticking to a budget or looking for early holiday gifts, there are still plenty of Prime Day deals under $50 to get now.
Right now you can score this JBL clip speaker for less than $50. Amazon The last few hours of Amazon Prime Day are actually a great time to browse for the afterthoughts: Those things you might not need per say, but certainly wouldnt mind spending less than $50 bucks on. The list below is made up of just those kind of things, from essentials you may have forgotten about (like underwear) to fun items that would make great gifts (like JBL headphones), and everything in between. MORE FROM FORBES19 Amazon Prime Day Deals You Don't Want To Miss: Air Pods, Echo Dot, Instant Pot, Vitamix, Roomba & MoreBy Cory BaldwinHopefully by this point in Amazon Prime Day, you were able to purchase all the big-ticket items on your list your TVs and your furniture and your appliances. (No? Weve got some suggestions below.) You can shop those deals across all categories, of course, but if youre looking for Amazon Prime Day deals under $50, you still have some great options to sort through before the event ends. So whether youre sticking to a budget or looking for early holiday gifts, theres bound to be something that catches your eye. Under $50 Prime Day Deals You Dont Want to Miss Amazon New Balance Women's Fresh Foam Evare V1 Running Shoe, Black/Silver Metallic, 6 M US BUY FROM AMAZON Amazon Signature by Levi Strauss & Co. Gold Label Men's Signature Trucker Jacket BUY FROM AMAZON Amazon Skullcandy Indy XT True Wireless in-Ear Earbud - Black BUY FROM AMAZON Amazon Calvin Klein Men's Cotton Stretch Multipack Boxer Briefs BUY FROM AMAZON Amazon Herschel 10347-00001-OS Chapter Toiletry Kit, Black, Carry-On 3L BUY FROM AMAZON Amazon Rose Quartz Roller -- Muscle Relaxing and Relieve Fine Lines and Wrinkles BUY FROM AMAZON Amazon JBL CLIP 3 - Waterproof Portable Bluetooth Speaker - Black BUY FROM AMAZON Amazon Mario Badescu Spritz Mist and Glow Facial Spray Collection Trio, Lavender, Cucumber, Rose BUY FROM AMAZON Amazon Hieha Double Camping Hammock with Mosquito Net Tree Hammocks, Portable Travel Hiking Camping Hammocks for 2 Adults BUY FROM AMAZON Amazon MyQ Smart Garage Door Opener Chamberlain MYQ-G0301 - Wireless & Wi-Fi enabled Garage Hub with Smartphone Control, 1 Pack, Black BUY FROM AMAZON MORE FROM FORBES19 Amazon Prime Day Deals You Don't Want To Miss: Air Pods, Echo Dot, Instant Pot, Vitamix, Roomba & MoreBy Cory BaldwinMORE FROM FORBES12 Prime Day TV Deals With Huge Discounts: $400 Off Sony X900HBy Jon MartindaleMORE FROM FORBES7 Amazon Prime Day Golf Deals To Snag Before The Sale Ends At MidnightBy Don ReisingerMORE FROM FORBESGarmin Vivoactive 4 Now $150 Off + More Prime Day Fitness Equipment DealsBy Steven JohnMORE FROM FORBESThe Best Prime Day Appliance Deals Today: A $361 Portable Dishwasher, $55 Off NewAir Drinks Fridge & MoreBy Heather NewmanMORE FROM FORBESThe Best Prime Day Kitchen Deals: 40% Off Le Creuset, SodaStream, Calphalon & MoreBy Leah Koenig
Sorry, SpaceX. Watch This Week As NASA Pays $90 Million To Launch U.S. Astronaut On A Russian Rocket - Forbes
The final countdown?
A Soyuz spacecraft lifts-off from Baikonur, Kazakhstan on its way to the ISS. (Photo by NASA/ Joel ... [+] Kowsky via Getty Images) NASA via Getty Images U.S. astronauts now fly to the International Space Station (ISS) from American soil, right? So why is a NASA astronaut about to blast-off to the ISS from Russia at a cost of over $90 million? Despite the success of Launch America back on May 30, 2020 when NASA astronauts Bob Behnken and Doug Hurley journeyed to and from the ISS in SpaceX hardware during the historic SpaceX Crew Demo-2 mission, NASA astronaut Kate Rubin will this week leave Earth from the Baikonur Cosmodrome in Kazakhstan. As I reported back in June, its the final part of an existing contract between NASA and the Russian space agency to send a US astronaut to the ISS aboard a Russian Soyuz spacecraft. When is the next rocket launch to the ISS? Rubin is due to lift-off on Wednesday, October 14, at 1:45 a.m. EDT (10:45 a.m. Kazakhstan time) together with cosmonauts Sergey Ryzhikov and Sergey Kud-Sverchkov of Roscosmos. Their two-orbit, three-hour journey will begin their six-month mission on the ISS. Where to watch the rocket launch to the ISS You can tune-in to the launch online by visiting NASA TV on the space agencys website or NASA TV on YouTube: Why is NASA paying Russia $90 million to launch an astronaut when it now has SpaceX? NASA has been signing contracts with Russia to buy seats on Soyuz spacecraft since 2011 when the Shuttle was grounded. This is its last currently contracted seat, NASA confirmed to me last week. In fact, a contract modification in May 2020 procured one seat at a cost of $90,252,905.69. The cost covers training and preparation for launch, flight operations, landing and crew rescue services. So does this mean NASA had a Plan B while SpaceX was testing its Crew Dragon spacecraft last summer? NASA continues to have high confidence in our U.S. commercial crew partners for regular crew rotation, said NASA in an emailed statement to me. However, theres a refreshing lack of nationalism in what is, after all, an entirely global endeavor. As the U.S. commercial crew capability becomes operational, astronauts and cosmonauts should resume flying together on our respective spacecraft, consistent with past practice, reads the statement from NASA. Will Russian cosmonauts fly on NASA SpaceX missions? Almost certainlybecause its safer. A problem with a spacecraft in orbit may require the full crew of that spacecraft to return to Earth, reads the NASA statement. Flying mixed crews is mutually beneficial as it would increase the probability that both astronauts and cosmonauts will be on the space station to perform critical operations. NASA and Roscosmos are now discussing plans to ensure at least one U.S. and Russian crew member are aboard the ISS at any one time. So while the days of paying $90 million-per-seat are over for NASA, we can expect to see Russian cosmonauts on SpaceX missions and NASA astronauts on Soyuz missions. Going beyond Earth ... NASA What about the space toilet? While on the ISS, Rubin will be taking part in myriad science experiments, though one of her and the crews biggest jobs will be to test NASAs new space toilet. Taken up to the ISS earlier this month on a cargo resupply mission, the Universal Waste Management System (UWMS) is a compact toilet with a Urine Transfer System that further automates waste management and storage. Smaller than the previous toilet, the UWMS is designed for more crew members and for future missions to the Moon and Mars. The astronauts will get to use the new space toilet, said a NASA spokesperson to me a few days ago. The intent is to fully test it out, and we need humans to do that. The SpaceX Crew-1 crew members (from left) NASA astronauts Shannon Walker, Victor Glover, Mike ... [+] Hopkins, and JAXA (Japan Aerospace Exploration Agency) astronaut Soichi Noguchi. SpaceX When is the next SpaceX mission to the ISS? Rubins ride is not the final time a NASA astronaut will ride on Russian space hardware. On Wednesday, October 21, 2020, Expedition 63 Commander Chris Cassidy of NASA and Roscosmos cosmonauts Anatoly Ivanishin and Ivan Vagnerwho have been aboard the complex since April 9, 2020will depart the ISS in a Soyuz MS-16 spacecraft and land in Kazakhstan. In a mission now delayed until early-to-mid-November, NASAs SpaceX Crew-1 missionthe first scheduled private mission to the ISSwill take NASA astronauts Mike Hopkins, Victor Glover, Shannon Walker, and Japan Aerospace Exploration Agency astronaut Soichi Noguchi to the ISS aboard SpaceXs Crew Dragon vehicle. Wishing you clear skies and wide eyes.
COVID-19 Has Changed The Housing Market Forever. Here’s Where Americans Are Moving (And Why) - Forbes
COVID-19 has turned America's housing upside down. Now that the first wave of the pandemic is over, these towns, cities, and regions are booming. Here's why—and how— COVID's great migration is about transform American real estate for a generation
Amid all the uncertainty brought on by COVID-19 over the past six months, one thing is assured: the pandemic has re-ordered real estate markets across the board on an unprecedented scale. Some of this may be irreversible. Real estates re-sorting this time isnt just based on markets crashing (the Great Recession), political turmoil (the 1979 oil embargo), or financial speculation (the first and second dot.com busts)after which theres generally confidence that overall consumer demand and buyer preferences will sooner or later snap back to normal. COVID-19 has changed America's housing market forever. Realtors, investors, and politicians should ... [+] take notice getty Thanks to the COVID-19 pandemic, more deep-seeded, tectonic-sized questions beyond markets and interest rates are being asked this time around that no one really has the answers to yetlike will people feel safer living in the south and southwest where they can spend all year social distancing outside? What if companies let workers work remotely for the rest of their lives? Why go back to retail shopping when Im already ordering everything online? Whats the point of living downtown if half of the restaurants, bars, and museums never open back up? How these questions get answered will fundamentally re-order how Americans live in the new pandemic normal, and as a result will play a huge X-factor in which cities and states will experience growth, demand, and price appreciation over the next 3-5 years, and which ones will stagnate and lose out. More broadly for large metropolises like Washington, D.C., New York City, and Philadelphia, the answers risk slowing or even reversing a wave of gentrification and wildly profitable downtown revitalization thats been accelerating since before the Great Recession. Crowded Washington, D.C. metro station. In the COVID age Americans are seeking less density, more ... [+] outdoors, lower taxes, and less regulation in the places they live and invest in real estate getty Against this backdrop, real estates new normal is also creating huge swathes of opportunity. Dozens of cities and counties that were once considered too small, too southern, too hot, too flat, or lacking in amenities, culture, or sophistication are now finding themselves being swooned to the top of the real estate desirability lists as Americans seek warmer, healthier, less dense, better educated, and more mobile places to live that offer closer access to the outdoors, better hospitals, and more open space with no clear end to the pandemic in sight. To get a better view on whats really happening to real estate in America right now I decided that it was time to do a deep dive into the actual data from the expertsincluding CoStar, Zillow, and Realtoron how COVID-19s great migration is actually shaking out and where the money and bodies are moving. Heres what I found out. Downtown Brickell Miami. Real estate platforms like Zillow and CoStar show Americans are moving ... [+] south and southwest towards warmer, healthier climates with lower taxes and fewer regulations getty No matter who I spoke with, a few words kept resurfacing as we lurch into the post-pandemic future: warmer, safer, smaller, stabler, lower taxes, less regulation, and fewer lockdowns. Regardless of where people come from or where theyre going, these things arent new on the list of what most Americans generally expect from the places they live, especially as they get older. (Northeasterners have been moving south and west for generations). The more interesting pandemic sub-text is the acceleration factorand how the places where Americans are moving in the midst of COVID-19 may finally be expressing a more fundamental preference for how they reallywantto live instead of where they haveto stay because of their job location or where their kids go to school. It also says a lot about where many Americans heads are right now, and more importantly, the specific criteria with which theyre considering making one of the most important next decisions of their lives in an era of unprecedented uncertainty. The repercussions of Americas great COVID migration has the potential to re-shuffle the essential demographic and economic balance of America for the next generation. Realtors, investors, and politicans should be paying attention. The COVID-19 pandemic has transformed America's real estate market forever getty By every metric, Americans are moving faster now than they were before the pandemic. Page-per-property views on real estate platforms like Realtor and Zillow are up over 50% year-over-year almost everywhere, inventory in Americas 100 top metro markets has been shrinking since March, along with days on market and the gap between list-to-sale price. A lot of real estate experts prefer the word despite when it comes to accounting for this phenomenon while the pandemics still raging, when its probably more accurately because of. Real estate markets have undergone noticeable shifts since the start of the coronavirus pandemic, George Ratiu, Senior Economist at realtor.com tells me. In the wake of the lockdowns in March, Americans discovered that existing homes were not adequate for the new work, teach, exercise, cook and live at home reality. Based on realtor.com surveys of consumers, we learned that home shoppers are looking for more space, quieter neighborhoods, home offices, newer kitchens and access to the outdoors, traits which have revived a strong interest in the suburbs and smaller metro areas. Boston. Still rock solid when it comes to its real estate market even during the COVID-19 pandemic. ... [+] The city's strong resilient economy based on tech, education, and healthcare is why getty The other clear trend since the COVID-19 pandemic began is that residential real estate is on a tear virtually everywhere. Previous recessions and economic shocks tended to pull some regions down while sparing or barnstorming others. This time, so far, every regions a winneras Americans put more stock in their quality of life, work, walkability, and community when it comes to where they root themselves next other than just the cables that previously tied them to their workplaces. The Northeast real estate market remains strong, despite all omens otherwise since New York City was the original epicenter of COVID-19 flight back in March, and the overall low-tax, lower regulation trends across the country that arent in the regions favor. According to realtor.coms most recent data, five of Americas hottest real estate markets are in New EnglandRochester, NY, Melrose, MA, Portland, ME, Hudson, NH, and Worcester, MAeach of which ranked in the top ten across more than three categories including lowest days on market, list-to-sale ratio, or page views per-property. Columbus, OH. Home to three of Zillow's hottest real estate market's during the COVID-19 pandemic in ... [+] 2020, including Columbus, Cincinnati, and Dayton. getty Data crunched by real estate platform Zillows research group paints a similar picture of strong regional growth across small cities as well suburbs within an hour of established major metro areas. I had Zillow look at the 100 largest metro areas based on five metricsmedian sale price, median list price, days to pending, share of listings with a price cut, and page viewsand grabbed the top and bottom seven in each one. At the top of Zillows list as of October 2020, three of Americas hottest real estate markets are in Ohio: Columbus, Cincinnati, and Dayton. Boise and Salt Lake City also made the list, along with Stamford, CT outside of New York City. Austin came in number one. Louisville, KY, Memphis, TN, Honolulu, and Des Moines, IA were at the bottom on Zillows aggregate list, though Zillows economists were quick to point out that in todays market that means less good. Even the coolest markets in America right now are generally performing well and tilted in favor of sellers, says Cheryl Young, senior economist at Zillow. Theres a lot of demand for housing right now and homes are typically selling quickly for prices above what we were seeing last year. It's also worth noting that the bottom performers for the most part arent decreasing. Theyre just increasing at a lower-than-average rate. The residential market is on fire right now in most of the country, so these coolest markets arent necessarily doing all that poorly. Why wouldn't you work here? getty Trends show Americans are also still moving where businesses move, despite the work-from-home trend accelerated by COVID-19. Even if Americans dont have to show up to the same office every day, the tax base, culture, vibrancy, hospitality backfill, and infrastructure (think school districts) that a thriving business and entrepreneurial community supports long-term is one of the essential underpinnings of a successful residential real estate market. From this perspective, COVID is accelerating demographic trends that were already in place before the pandemic, especially when it comes to businesses seeking places to expand that are pro-growth, low-tax, politically stable, and stacked with an educated work force in advanced degrees like engineering, math, technology, business, and law. Austin, Salt Lake City, Raleigh, Charlotte, Nashville, and San Jose all top the list in 2020 in this respect according to CoStar, with occupied office growth expected to exceed 10% over the next five years. Dallas, Miami, Phoenix, Atlanta, San Antonio, and Boston arent far behindall expected to grow by 8%+ as of Q3 2020 according to CoStar. Businesses will continue seeking low-cost alternatives to more expensive coastal markets COVID-19 or not, which has fueled growth in markets like Atlanta, Phoenix, or Dallas, though workers that might have once opted for downtown living have shown a preference for suburban locales in recent months, says Andrew Rybczynski, Managing Consultant at CoStar. Smaller, well-educated markets with similar structural advantages, like Raleigh, Charlotte, or Austin also qualify, especially because of their attractive workforces. While COVID and the recession it caused will hurt business growth and office absorption, we expect the structural advantages of many southern and southwestern markets to continue through foreseeable future. Atlanta has been preparing for growth for decades. It's time may finally be coming getty When Rybczynski refers to structural advantages, what he means is governance. Using a simple measure of tax burden, CoStar correlates a rough relationship between lower taxes, pro-business governance, faster growth, and increased in-migrationall of which are currently skewing towards American metro areas with local and state governments that are willing to keep regulations and business costs low in exchange for job growth and economic opportunity. For what its worth, these structural advantages also skew politically. 10 of 12 of Americas cities forecasted to experience the fastest growth in occupied office space according to CoStar over the next five years have Republican Governors, Legislatures, and Mayors. Nine of the top 15 cities where businesses are relocating and mopping up office space are in three states that predominantly lean RepublicanTexas (4), Florida (3), and North Carolina (2)including Austin, Dallas, San Antonio, Houston, Miami, Tampa, Orlando, Raleigh, and Charlotte respectively. Ogden is the county seat of Weber County, Utah outside of Salt Lake City and one of Zillow's hottest ... [+] real estate markets in the country during the pandemic. Do you need to ask why? getty At the same time, however, Americans and its companies are not always moving in the same direction, suggesting a de-coupling of one of the most fundamental drivers of American migration for generationsnamely people living near where they work. In some instances theres overlap, like Austin, Raleigh, Columbus, and Salt Lake City. But overall Americans appear to be moving during the pandemic for more personal reasons than being simply motivated by employment or corporate relocation. The hottest housing markets in the new landscape are cities which offer desirable amenitieslarger homes, leafy neighborhoods, access to the outdoors, walkability and proximity to grocery storesin a more affordable package, says realtor.coms Ratiu. Home buyers still want to be within commuting distance of large employment centers, but with the prevalence of remote work, they are willing to extend the distance from urban downtowns. In addition to the five Northeastern locations on the top of realtor.coms hottest real estate markets to watch list right now, Colorado Springs, CO, Columbus, OH, Topeka, KS, Springfield, VA, and Raleigh, NC also ranked in the platforms top ten in at least three criteria for precisely these more emotional reasons, say Ratiu. Thanks to the COVID-19 pandemic America's next generation of homebuyers is searching for something ... [+] new and different getty The current housing market is driven by several noteworthy factors. First, Americas demographics are skewing younger as the Millennial generationthe largest in U.S. historyis finally embracing home ownership. Second, the technological promise of the mid-1990s of freeing workers from their desks has come of age in 2020, as the coronavirus-induced quarantine has forced employers to rely on workers working-from-home. Americans have been resoundingly successful at navigating this transition, and in the process, discovered the benefits of shorter commutes and the flexibility of being able to work from anywhere. In turn, this has shifted consumer preferences for housing, driving the transition into suburbs, smaller cities, second-home destinations and even rural areas. Third, riding in the wake of a decades worth of home price appreciation which has outpaced income growth, many Americans are seeking affordability again, leading many buyers into suburban neighborhoods and away from high-cost, high-density urban downtowns. Whos notably absent from all the data? Not a single city in California or the Pacific Northwest ranked anywhere near the top of anyones Best Of lists in terms of where Americans are moving, which suggests that the effects of COVIDs first flight from coastal cities last March may be fossilizing permanently. New York City, Long Island, northern New Jersey, Honolulu, Chicago, and Philadelphia were also conspicuously in the basement, reinforcing Americas net emotional migration away from high-priced real estate markets as well as high-tax, high-lockdown urban locations. So whats the bottom line? Keep your bathing suit and laptop ready to pack. The longer COVID-19 continues to push Americans into the new normal, the more of us will be moving south and west, working by the pool. Sometimes its worth just rolling with the data.
Twilio Set To Acquire Cloud Customer Data Startup Segment For $3.2 Billion - Forbes
With cloud companies booming during the pandemic, one of the category’s recent public-company success stories is set to make a splash by spending billions to acquire one of its up-and-comers.
Twilio CEO Jeff Lawson, seen here speaking at Web Summit in 2015, is set to make his second major acquisition in the past two years by acquiring Segment for $3.2 billion Corbis/Sportsfile via Getty Images With cloud companies booming during the pandemic, one of the categorys recent public-company success stories is set to make a splash by spending billions to acquire one of its up-and-comers. Cloud communications business Twilio has agreed to acquire customer data infrastructure company Segment for $3.2 billion, two sources tells Forbes. The deal which was not yet finalized as of Friday afternoon, is expected to be at least partially based on Twilio stock. Segment and its CEO Peter Reinhardt didnt respond to requests for comment. A Twilio spokesperson said the company couldnt comment on any rumors or speculation. Twilio, which trades at a market capitalization of more than $45 billion, went public in June 2016 on the strength of communications infrastructure that allows businesses to reach their customers through text messages, voice and video calls. The company counts the likes of the American Red Cross, delivery unicorn Deliveroo and bank ING as customers. A fellow San Francisco-based company, Segment was founded in 2012 and appeared at No. 26 on this years Cloud 100 list of the worlds leading private cloud companies. The company had most recently raised $175 million in a Series D round led by Accel and GV announced in April 2019 at a reported $1.5 billion valuation. Accel did not respond to requests for comment. A GV spokesperson said the firm wouldnt comment on rumors or speculation. Segment had been known to be open to acquisition offers recently, a third source told Forbes. The company, which appears to have been one of Covid-19s technology winners, has obvious overlap with Twilio through its software tools, which also help clients connect with their customer base. Segment said in September it worked with more than 20,000 businesses including Intuit, FOX and Levis, employing more than 550 people. Segment counts four cofounders: Reinhardt, Ian Storm Taylor, Calvin French-Owen and Ilya Volodarsky, the companys president. Other investors besides Accel and GV include startup accelerator Y Combinator, in which Segment participated in 2011, Thrive Capital, Kleiner Perkins, and Meritech Capital Partners. Segment had raised more than $283 million to date, per industry data provider PitchBook. The acquisition comes almost two years to the date after Twilio announced it would acquire API provider SendGrid for $2 billion in stock. By the time the deal closed in January 2019, with the help of a fateful breakfast burrito, that value was about $3 billion. Twilio shares are up about 146% since then, as Twilio has proven a strong performer on the public markets. Segment insiders set to receive Twilio shares might hope for a repeat of that history. Additional reporting by David Jeans.