What's happening in the digital world.
Chinese investors are increasingly turning to Israel’s technology sector, which features companies operating at similar standards to their Silicon Valley rivals.
Read more: Chinese investment in Israeli tech is growing, and it’s ‘quite welcome’ for some
Insight Venture Partners’ Fund X raises the largest fund to date with its largest investors hailing from its own firm.
Read more: Venture firm’s partners make up the largest class of investors in its new .3 billion fund
According to Leanplum, marketers are leaning more heavily on emojis in emails and push notifications
Read more: Emojis are key to getting consumers to open those pesky marketing messages
Microsoft beat expectations for the last quarter of its 2018 fiscal year, but reported slower growth in its Commercial Cloud, which includes Azure.
Read more: Microsoft jumps on strong guidance
Amazon failed to secure enough servers to handle Prime Day traffic surge, causing it to launch a scaled-down backup site and temporarily kill off all international traffic within 15 minutes of the event, according to internal documents seen by CNBC.
Read more: Internal documents show how Amazon scrambled to fix Prime Day glitches
Tencent hinted at signing more merchants up to WeChat Pay in the U.S. despite the ongoing trade war between the U.S. and China.
Read more: Chinese tech giant Tencent plans to expand its US footprint — despite ongoing trade war
According to an extensive study of over 6,000 individuals, those who spent money on time-saving activities reported being happier and more satisfied. “People who spend money in ways that allow them to have more free time report greater life satisfaction,” says Ashley Whillans, a professor at the Harvard Business School.
Read more: Money won’t make you happier. Time will.
Let’s start with a concept known as “last place aversion.” In a paper by that name, Ilyana Kuziemko, an economist at Princeton, Taly Reich, a professor of marketing at Yale, and Ryan W. Buell and Michael I. Norton, both at Harvard Business School, describe the phenomenon in which relatively low income individuals “oppose redistribution because they fear it might differentially help a ‘last-place’ group to whom they can currently feel superior.” Those thus positioned “exhibit a particular aversion to being in last place, such that a potential drop in rank creates the greatest disutility for those already near the bottom of the distribution.”
Read more: Why Don’t We Always Vote in Our Own Self-Interest?
Jim Cramer explains why investors shouldn’t worry about the slumping transportation stocks after United Continental’s quarter.
Read more: Cramer Remix: Don’t despair about the transports’ weakness
Jim Cramer sits down with Martin Schroeter, senior vice president of IBM global markets, who says IBM is a leading choice for blockchain implementation among international companies.
Read more: Big banks like Deutsche choose IBM to run their blockchain for 3 reasons, IBM executive says