Lyft goes public; Wells Fargo fallout; Huawei earnings – CNN

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CNN’s Omar Jimenez takes us inside the world of e-sports where states across the US are starting to recognize these video gamers as varsity athletes.”},{“title”:”This controversial app tracks nearby danger in real time”,”duration”:”01:26″,”sourceName”:”CNN Business”,”sourceLink”:”http://www.cnn.com”,”videoCMSUrl”:”/video/data/3.0/video/business/2019/03/11/citizen-app-crime-orig.cnn-business/index.xml”,”videoId”:”business/2019/03/11/citizen-app-crime-orig.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/190311104526-citizen-app-large-169.jpg”,”videoUrl”:”/videos/business/2019/03/11/citizen-app-crime-orig.cnn-business/video/playlists/business-tech/”,”description”:”Citizen is a mobile app that sends out realtime alerts and crowdsources video of nearby crime and emergencies. 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But some say it encourages people to run towards danger in order to film it.”},{“title”:”These drones on a leash can fly for hours”,”duration”:”01:21″,”sourceName”:”CNN”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2019/03/04/drones-on-a-leash-lon-orig.cnn/index.xml”,”videoId”:”business/2019/03/04/drones-on-a-leash-lon-orig.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/190304154610-drones-on-a-leash-1-large-169.jpg”,”videoUrl”:”/videos/business/2019/03/04/drones-on-a-leash-lon-orig.cnn/video/playlists/business-tech/”,”description”:”Drone tech company Elistair has invented a giant extension cord that keeps a drone tethered to the ground, but flying for much longer.”,”descriptionText”:”Drone tech company Elistair has invented a giant extension cord that keeps a drone tethered to the ground, but flying for much longer.”},{“title”:”Watch this robot thread a needle”,”duration”:”01:17″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2019/03/01/service-robot-thread-needle-dancing.cnn-business/index.xml”,”videoId”:”business/2019/03/01/service-robot-thread-needle-dancing.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/190301123053-robot-threading-needle-large-169.jpg”,”videoUrl”:”/videos/business/2019/03/01/service-robot-thread-needle-dancing.cnn-business/video/playlists/business-tech/”,”description”:”Chinese company Innfos Technology has unveiled a robot that can perform tasks with human-like dexterity such as pouring a drink, synchronized dancing and shaking hands.”,”descriptionText”:”Chinese company Innfos Technology has unveiled a robot that can perform tasks with human-like dexterity such as pouring a drink, synchronized dancing and shaking hands.”},{“title”:”FedEx is testing a new delivery robot”,”duration”:”00:56″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2019/02/27/fedex-delivery-robot-sameday-bot-zw-orig.cnn-business/index.xml”,”videoId”:”business/2019/02/27/fedex-delivery-robot-sameday-bot-zw-orig.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/190227115130-20190227-fedex-robot-2-large-169.jpg”,”videoUrl”:”/videos/business/2019/02/27/fedex-delivery-robot-sameday-bot-zw-orig.cnn-business/video/playlists/business-tech/”,”description”:”FedEx is joining the autonomous delivery robot craze with its six-wheeled SameDay Bot.”,”descriptionText”:”FedEx is joining the autonomous delivery robot craze with its six-wheeled SameDay Bot.”},{“title”:”New Pokémon debut in upcoming Nintendo Direct video games”,”duration”:”01:24″,”sourceName”:”CNN”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2019/02/27/pokemon-sword-shield-nintendo-switch-trnd-orig-tc.cnn/index.xml”,”videoId”:”business/2019/02/27/pokemon-sword-shield-nintendo-switch-trnd-orig-tc.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/190227132753-new-pokemon-large-169.jpg”,”videoUrl”:”/videos/business/2019/02/27/pokemon-sword-shield-nintendo-switch-trnd-orig-tc.cnn/video/playlists/business-tech/”,”description”:”Two new role-playing games, “Pokémon Sword” and “Pokémon Shield,” are coming to Nintendo Switch in late 2019. They’ll include three never-before-seen Pokémon.”,”descriptionText”:”Two new role-playing games, “Pokémon Sword” and “Pokémon Shield,” are coming to Nintendo Switch in late 2019. They’ll include three never-before-seen Pokémon.”},{“title”:”See the Galaxy Fold, Samsung’s new foldable phone”,”duration”:”01:17″,”sourceName”:”CNN Business”,”sourceLink”:”http://www.cnn.com/business”,”videoCMSUrl”:”/video/data/3.0/video/business/2019/02/20/samsung-galaxy-fold-phone-orig.cnn-business/index.xml”,”videoId”:”business/2019/02/20/samsung-galaxy-fold-phone-orig.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/190220145251-20190220-samsung-fold-large-169.jpg”,”videoUrl”:”/videos/business/2019/02/20/samsung-galaxy-fold-phone-orig.cnn-business/video/playlists/business-tech/”,”description”:”Samsung unveiled the Galaxy Fold, a phone that opens into a tablet. See its new features and hefty pricetag.”,”descriptionText”:”Samsung unveiled the Galaxy Fold, a phone that opens into a tablet. See its new features and hefty pricetag.”},{“title”:”This robot named Stan can park your car at the airport”,”duration”:”01:42″,”sourceName”:”CNN Business”,”sourceLink”:”http://www.cnn.com/business”,”videoCMSUrl”:”/video/data/3.0/video/business/2019/01/28/stan-valet-parking-robot-orig.cnn-business/index.xml”,”videoId”:”business/2019/01/28/stan-valet-parking-robot-orig.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/190128163246-stan-valet-parking-robot-01-large-169.jpg”,”videoUrl”:”/videos/business/2019/01/28/stan-valet-parking-robot-orig.cnn-business/video/playlists/business-tech/”,”description”:”London’s Gatwick Airport is testing out an electric, autonomous robot that parks customers’ cars for them. Stan uses forklift-like arms and artificial intelligence to create up to 50% more space in a parking lot.”,”descriptionText”:”London’s Gatwick Airport is testing out an electric, autonomous robot that parks customers’ cars for them. Stan uses forklift-like arms and artificial intelligence to create up to 50% more space in a parking lot.”},{“title”:”LG says these are the TVs of the future”,”duration”:”01:27″,”sourceName”:”CNN”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2019/01/08/lg-display-tv-oled-portable-zw-gr-orig.cnn/index.xml”,”videoId”:”business/2019/01/08/lg-display-tv-oled-portable-zw-gr-orig.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/190108092137-lg-display-tv-oled-portable-zw-gr-orig-00000819-large-169.jpg”,”videoUrl”:”/videos/business/2019/01/08/lg-display-tv-oled-portable-zw-gr-orig.cnn/video/playlists/business-tech/”,”description”:”LG Display has designed a series of TV prototypes that the company says will be the televisions of the future.”,”descriptionText”:”LG Display has designed a series of TV prototypes that the company says will be the televisions of the future.”},{“title”:”Here’s how he makes $500,000 per month playing video games”,”duration”:”01:55″,”sourceName”:”CNN Business”,”sourceLink”:”http://www.cnn.com/business”,”videoCMSUrl”:”/video/data/3.0/video/business/2018/12/24/ninja-fortnite-video-gamer-orig.cnn-business/index.xml”,”videoId”:”business/2018/12/24/ninja-fortnite-video-gamer-orig.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/181224144529-ninja-playing-fortnite-large-169.jpg”,”videoUrl”:”/videos/business/2018/12/24/ninja-fortnite-video-gamer-orig.cnn-business/video/playlists/business-tech/”,”description”:”If you’ve heard of Fortnite, you’ve probably heard of Ninja — the gaming world’s biggest star.”,”descriptionText”:”If you’ve heard of Fortnite, you’ve probably heard of Ninja — the gaming world’s biggest star.”},{“title”:”How influencers make money online”,”duration”:”03:11″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2018/12/10/rewardstyle-liketoknowit-influencers-amber-venz-box-orig.cnn-business/index.xml”,”videoId”:”business/2018/12/10/rewardstyle-liketoknowit-influencers-amber-venz-box-orig.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/181207163433-rewardstyle-1-large-169.jpg”,”videoUrl”:”/videos/business/2018/12/10/rewardstyle-liketoknowit-influencers-amber-venz-box-orig.cnn-business/video/playlists/business-tech/”,”description”:”Amber Venz Box, co-founder and president of rewardStyle and LIKEtoKNOW.it, created a way for influencers to monetize their content online.”,”descriptionText”:”Amber Venz Box, co-founder and president of rewardStyle and LIKEtoKNOW.it, created a way for influencers to monetize their content online.”},{“title”:”Here’s why 5G is the future”,”duration”:”01:38″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2018/10/03/5g-explained-orig.cnn-business/index.xml”,”videoId”:”business/2018/10/03/5g-explained-orig.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/180607163106-5g-large-169.jpg”,”videoUrl”:”/videos/business/2018/10/03/5g-explained-orig.cnn-business/video/playlists/business-tech/”,”description”:”What is 5G? It’s a wireless network technology that will change everything from how you use your phone to how self-driving cars navigate. Welcome to the super-charged world of 5G.”,”descriptionText”:”What is 5G? It’s a wireless network technology that will change everything from how you use your phone to how self-driving cars navigate. Welcome to the super-charged world of 5G.”}],’js-video_headline-featured-135s0ct’,”,”js-video_source-featured-135s0ct”,true,true,’business-tech’);if (typeof configObj.context !== ‘string’ || configObj.context.length

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The Morning After: This Boston Dynamics robot is ready to work – Engadget


Handlin’ boxes.Boston Dynamics’ new Handle robot heads to the warehouse

When we first met Handle, the wheeled robot was more about leaping and living its best life rather than the nine-to-five drudgery. A new demo video from Boston Dynamics shows Handle is growing up, however. Watch larger Handle units work autonomously to move boxes around inside a warehouse environment — boxes that weigh about 11 pounds each.


There’s even a $20 card game spinoff called ‘Tiny Tina’s Robot Tea Party.’Gearbox officially announces ‘Borderlands 3’

This first trailer reveals the long-awaited sequel will include over a billion guns (including some with legs), plenty of familiar faces (such as a saxophone-playing Brick and Tiny Tina) and some new characters. It also showcases a number of locations, including a swamp, a desert and a city full of highrise buildings. Meanwhile, the Borderlands: The Handsome Collection bundle is getting a 4K update on April 3rd, and a Borderlands: Game of the Year edition arrives the same day on PC, PS4 and Xbox One. Expect to hear more info about Borderlands 3 on April 4th.


Please, stop sharing your password. Please.Spotify is testing a cheaper Premium subscription for two people

Spotify is testing a discounted subscription for two in the hopes of curbing password sharing. Premium Duo gives you and a person you live with individual Premium accounts for €12.49 ($14) per month. There are unique perks including a Duo Mix playlist made of tracks you both like, the ability to share your entire library of saved music and a Duo Hub where you can manage accounts and settings. For now, the test is limited to Colombia, Chile, Denmark, Ireland and Poland, with no word on more markets.


Most will never use the coolest functions on their way to Coachella.Land Rover’s Evoque hides off-road tech behind a luxury SUV

The Range Rover series is typically a collection of luxurious SUVs that are able to navigate the toughest terrain. That well-earned reputation includes its entry-level Evoque, which has seen a slight design refresh and has received all the latest tech. The most intriguing is the new ClearSight Ground View that helps keep drivers from scraping the bottom of the Evoque while off-road.


It comes close to replicating the experience of rowing on water.Hydrow could be the Peloton of rowing machines

The Hydrow is a land-locked rowing machine with a difference. There’s no resistance lever on the side, and the underside is one big, swoopy curve. It has minimalist metal legs, similar to some TVs. Oh, and there’s a 22-inch screen attached, staring you right in the face. It’s an erg from the future. But can it keep our Editor-In-Chief rowing?


Scientists tested Mars 2020’s smaller companion in JPL’s Space Simulator.NASA proves its space helicopter can fly on Mars

Scientists working on NASA’s Mars helicopter project are done building the actual 4-pound vehicle that’s blasting off to the red planet with the Mars 2020 rover. But first they have to prove that it can actually fly in Martian conditions. That’s why in late January, the team replicated our neighboring planet’s much thinner atmosphere in JPL’s Space Simulator to make sure the helicopter will be able to take off.


Deal with the email deluge your own way.Gmail finally offers customizable swipe actions on your iPhone

Gmail’s customizable swipe actions have finally reached the iPhone masses. Google is updating Gmail for iOS to let you personalize what happens when you swipe right. You can tell it to mark a message as read, move it to a folder or delete it outright, among other options. Suffice it to say, this could help a lot if you’re inundated with email (hello) and would rather not laboriously sort it all.


It has created a minimalist mode for its optional digital instrument cluster.2020 Ford Explorer activates ‘mindful mode’ for relaxed driving

Ford goes hard on the zeitgeist. Buzzword du jour, ‘mindfulness’, is part of the package for the company’s 2020 Explorer, with a special minimalist mode coming to its array of dials and displays.

But wait, there’s more…


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CNBC’s Hardwood Schools Trump, Trump Jr., After Revised Jobs Numbers Puts Dent In Main Economic Talking Points – Hill Reporter

The chief Washington correspondent for CNBC took the president and his son to task on Thursday, issuing out tweets in which he corrected previous statements the two have made about a supposed booming economy.

GRAND RAPIDS, MICHIGAN – MARCH 28: Donald Trump Jr. talks to the press before the arrival of his father President Donald Trump during a rally at the Van Andel Arena on March 28, 2019 in Grand Rapids, Michigan. Grand Rapids was the final city Trump visited during his 2016 campaign. (Photo by Scott Olson/Getty Images)

Last Friday, President Donald Trump tweeted, in all capital letters, that recently released government numbers demonstrated a stellar year for gross domestic product (GDP) growth in 2018 under his watch.

“3.1 GDP FOR THE YEAR, BEST NUMBER IN 14 YEARS!” Trump wrote.

That wasn’t the case, unfortunately. As CNBC’s John Harwood pointed out, revised numbers brought the yearly growth rate down to 2.97 percent over the past year, similar to what was seen under former President Barack Obama in 2015.

Harwood didn’t stop there, however, and decided to “fact check” a statement written out by Trump’s son, Donald Trump Jr., in which the president’s eldest child tried to chastise a speech given by Obama during the midterm election campaign last fall.

Obama had, during that speech in October, suggested Trump’s economic prowess wasn’t as strong as the current president was making it out to be. “When you hear all this talk about economic miracles, remember who started it,” Obama said, implying that Trump inherited from him an already improving economy.

Trump Jr. took Obama to task for those comments. “This is the dumbest statement in the history of both politics and economics,” Trump Jr. wrote in his tweet in October. “Remember when @realDonaldTrump said he would hit 4% GDP growth and you said ‘There’s no magic want [sic] for that’? Well ABRACADABRA @barackobama, we are at 4.2%. You just needed a leader to get it done!”

Unfortunately for the president’s son, in his comments attacking Obama for supposedly saying something dumb, it seemed Trump Jr. himself exposed his own ignorances, as Harwood pointed out in his tweet “updating” his “abracadabra” commentary.

The 4.2 percent figure Trump Jr. cited was not a yearly number, but rather a quarterly growth rate, Harwood explained. And as the year went by, the numbers for 2018 sank lower and lower.

“[A]bracadabra update,” Harwood wrote. “[G]rowth declined steadily through rest of 2018. 4.2% in Q2, 3.4% in Q3, 2.2% in Q4.”

At least for Trump Sr., his mistake was simple, in that he cited numbers before they had been officially updated and finalized. But Trump Jr. apparently looked at quartlerly numbers and exposed his own ignorance on the matter, wrongly believing them to be yearly figures. That’s hard to defend or come back from.

In fact, far from reaching the 4 percent promise he made, the economy under Trump’s watch hasn’t yet breached 3 percent yearly GDP growth.

Even as numbers were recently revised down, the White House continued to be optimistic for 2019. The Trump administration predicted a 3.2 percent growth for this year, although most economists believe the rate will be closer to being between 2.0 percent and 2.5 percent, per reporting from the Washington Post.

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Google Pulls Conversion Therapy App After Pressure From LGBTQ Rights Activists – The Daily Beast

Google is pulling a gay conversion therapy app that was banned by Apple, Amazon, and Microsoft months ago. Despite pressure from LGBTQ rights groups, Google had refused to ban the app from Living Hope Ministries, saying it didn’t clearly violate its Play Store terms of service. A Google spokesperson said: “After consulting with outside advocacy groups, reviewing our policies, and making sure we had a thorough understanding of the app and its relation to conversion therapy, we’ve decided to remove it from the Play Store, consistent with other app stores.” More than 140,000 people had signed an online petition calling on Google to ban the app. A separate petition, calling on Apple to reinstate the app, currently has 47 signatures. The ban came less than a day after the Human Rights Campaign suspended Google from this year’s Corporate Equality Index after it failed to pull the controversial app.

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March Madness Sweet 16, Lyft IPO, ‘Dumbo’ soars into theaters: 5 things to know Friday – USA TODAY

Editors, USA TODAY
Published 4:30 a.m. ET March 29, 2019

March Madness: Bluebloods look to punch Elite Eight tickets

It was a rough night for No. 2 seeds on Thursday night, with Michigan and Tennessee being bounced from the tournament. Will that trend continue when the Sweet 16 resumes Friday night? If so, Kentucky (vs. Houston) and Michigan State (vs. LSU) could be in trouble. ACC rivals, and top seeds in their respective regions, Duke and North Carolina also hit the court. Duke plays Virginia Tech, which will have Ty Outlaw despite an arrest for marijuana possession. UNC plays Auburn, which led the country in 3-point shooting. In the meantime, be sure to check how your bracket is faring against the competition. 



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SportsPulse: Purdue vs. Tennessee became an instant classic but didn’t finish without controversy. USA TODAY’s Trysta Krick breaks down Thursday’s action and previews Friday’s slate of games.
USA TODAY

WOW Air’s demise scrambles fliers’ travel plans

WOW Air’s collapse has passengers who already bought tickets scrambling to find alternative flights. But travelers stranded by WOW or holding tickets for Friday or future flights have limited options — last-minute flights are expensive, and flights to and from Europe on other carriers were never as cheap as Iceland-based WOW’s bargain flights. Passengers can check other airlines to see if they are offering discounted fares for stranded WOW fliers, though travelers will still be out more money, in some cases a lot.



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Iceland’s low-cost airline, WOW Air, has ceased operations, leaving passengers stranded and confused.
USA TODAY

All eyes on Lyft’s IPO

Ride-hailing service Lyft is set to become a public company Friday when its stock trades for the first time under the ticker “LYFT” on the Nasdaq index.  The initial public offering, or IPO, of the company is one of the most highly anticipated offerings this year as other major tech companies line up behind it. On Thursday, Lyft priced the offering at $72 per share, according to a press statement from the company. The offering has attracted quite a bit of investor interest, and one of its biggest investors General Motors could win big — the automaker invested $500 million in Lyft in January 2016. Lyft’s valuation of $24.3 billion is more than the first quarter’s other 17 IPOs combined, says Matthew Kennedy, senior IPO market strategist at Renaissance Capital, a provider of institutional IPO research.  

California racetrack set to reopen after 22 horses died

Anticipating approval by the California Horse Racing Board, California’s Santa Anita racetrack plans to reopen Friday for the first time since it was shut down following the deaths of nearly two dozen horses over three months. Racing had been suspended at the track in suburban Los Angeles since March 5 after 22 horses suffered fatal injuries since late December.. In the aftermath of the tragedies, the board voted Thursday to severely limit the use of whips on horses in racing statewide and approved medication changes on a smaller scale.

Will Disney’s “Dumbo” remake fly?

A live-action remake of Disney’s 1941 animated classic, “Dumbo,” (★★★ out of four; rated PG) opens in theaters nationwide Friday. The new “Dumbo” tells the story of a baby elephant who is pulled away from his mother to join a small circus with one-time horse-riding star Holt Farrier (Colin Farrell). The drama carries well beyond Dumbo’s —spoiler alert — first triumphant circus flight, where the original movie ended, to explore the joys and perils of instant fame. USA TODAY’s Brian Truitt finds that director Tim Burton applies to a “dark whimsy, not unlike what he did with Batman nearly 30 years ago.” In addition to Farrell, stars include Danny DeVito, Eva Green and Michael Keaton and child actors Finley Hobbins, 11, and Nico Parker, 14, — daughter of “Westworld” star Thandie Newton. 



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‘Dumbo,’ the beloved elephant with oversized ears, is reimagined in live action.
WALT DISNEY STUDIOS

Contributing: Associated Press

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Global automakers are lining up to buy Fiat Chrysler. Here’s why – CNBC

Investors are also considering whether a Chinese buyer might be interested in the Italian-American automaker.

In the Japanese and Korean car markets, domestic players grew strong by controlling the market and by being low cost. In turn, they recycled domestic profits into their export strategies and became global players this way.

Chinese car makers, however, do not have control of their domestic market and therefore cannot grow in the same way that Japanese and Korean auto firms did in previous decades.

Therefore, for China’s auto firms, the most feasible way to go global is through M&A. The current political backdrop of a trade war makes it unlikely that FCA, with its strong U.S. legacy and footprint, would be an easy target.

The car industry has been ripe for more consolidation without ever fully delivering on analyst expectations. But with the emergence of autonomous driving and a predicted fall in car ownership, Houchois predicts M&A will be a hot topic.

“Consolidation is not just about getting stronger ahead of the next cycle, it’s about how to prepare for structural change in the industry business model. And it’s a discussion worth having before the cycle turns.”

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