Flax News Magazine & Live Cricket

Mobile World Congress is underway in Barcelona. By most metrics it’s the largest conference in the world dedicated mostly to mobile technology and gadgets. And Samsung just punted. Mobile World Congress needs Samsung more than Samsung needs Mobile World Congress. Samsung just held its MWC press conference and what’s interesting is what wasn’t announced: The Galaxy S8. Instead, Samsung chose to announce several passé tablets and a new VR headset, because in the end Samsung doesn’t need a third party to facility interest. Yet during the presser, Samsung sent out an invite announcing the S8’s announcement, which will happen March 29 in New York City. Said another way, Samsung announced an announcement at another announcement. MWC, CES, E3 and every other industry-specific event like auto shows have long existed to bring manufacturers and distributers together under one event. C-suite executives from both sides meet in hotel rooms and bars and local golf courses and chat about

While Twitter continues to  struggle as a public company , Jack Dorsey’s other business seems to be doing pretty well. Today payments company Square announced earnings , beating the street with a narrower loss than expected — $0.04 per share — on revenues of $452 million for the fourth quarter 2016. These results are a vast improvement over last year’s fourth quarter, when the company lost $0.34 per share on revenues of $374.4 million. It also was better than Wall Street’s forecast of $0.09 loss per share on revenues of $450 million for the quarter. Thanks to better-than-expected results, Square’s share price increased 5 percent in after-hours trading. Square saw growth in all vectors of its business, with traditional payment processing growing at a 30+ percent clip year-over-year. But it’s the acceleration of Square Capital and other new-ish products that are dominating its growth strategy. Square’s revenues come off of gross payment volume of $13.7 billion, which is up 34