Technology innovation took center stage at the Mobile World Congress, but phone companies might be better off if revenue-generating innovation had grabbed the spotlight. Wireless firms face stagnant revenue growth and declining profit margins, says research firm Strategy Analytics, despite a giant leap in smartphone and tablet capabilities. Apple’s (AAPL) iPhones have driven wireless subscriber growth. And Internet leaders Google (GOOGL),
Nvidia (NVDA) will use its chips in a set-top box called “Shield” that it’s making to plug into televisions and deliver video games, movies and other digital entertainment. The console will run on Google’s (GOOGL) Android software. Chipmaker Nvidia said in a press release Tuesday that it’s launching its “first living room entertainment device,” a console that can “bring 4K entertainment to every home.” The device uses Nvidia’s new Tegra X1
On March 10, 2000, the song “Bye Bye Bye” by boy band NSYNC was a top 10 single on the pop music charts. It was also the day the Nasdaq Composite index hit an all-time high of 5132.50 and investor sentiment turned from buy buy buy to sell sell sell. The decline from that peak signaled the start of the dot-com bubble burst. The index lost half its value within a year and hit bottom on Oct. 10, 2002, at 1108.40. On Monday, the Nasdaq Composite crossed 5000 for the first time since the dot-com crash nearly 15 years ago. The current uptrend has been helped by companies that weren’t public that last time the Nasdaq was above 5000, including Google (GOOGL) and Facebook (FB). Also boosting the Nasdaq is Apple (AAPL), which was just a struggling maker of Mac computers during the dot-com era….