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Mobile Minutes: Amazon bolsters Alexa; Facebook and ephemeral messaging; Baidu’s regulatory probe; Bursting tech bubbleBy
Amazon bolsters voice based-platform Alexa with investment in TrackR
Amazon.com Inc. is investing between $250,000 and $500,000 in Bluetooth technology company TrackR to extend the reach of its Alexa virtual assistant, according to a source familiar with the matter.
Read more on Reuters
Facebook to add Snapchat-like ephemeral messages to its Messenger app: Report
Facebook is reportedly looking to integrate the popular ephemeral messaging concept into its own Messenger application after failing in similar attempts twice with individual apps in the past.
Read more on The International Business Times
Baidu shares sink following regulatory probe
Regulators from two departments have launched a probe into Baidu, China’s largest online search engine operator and one of the country’s largest entertainment giants.
Read more on Variety
This tech bubble is bursting
When the dot-com bubble burst in early 2000, the fallout for publicly traded stocks was quick and severe. The Nasdaq Composite Index fell 37 percent in the 10 weeks following its peak on March 10, 2000.
Read more on The Wall Street Journal
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