Why Honey May Be Worth Its $4 Billion Price Tag

After PayPal announced its acquisition of coupon browser add-on maker Honey Science on Wednesday, investors didn’t see a bargain. Shares were down about 1.5% by the end of Thursday. Shareholders should sit down with a calculator, because this particular acquisition could more than pay for itself within a few years, according to Fortune estimates verified with some analysts who follow the company. Already making money In a post-WeWork era—which followed some disappointing 2019 IPOs like those of Uber, Lyft, Slack, SmileDirectClub, and Peloton Interactive—valuations get more scrutiny than they once did. Not a bad idea. But the reaction to the Honey Science acquisition may have be too conservative. To start,… Read More

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Jedi: Fallen Order is the best Tomb Raider game I’ve played in a while

While playing the most recent piece of Star Wars media, Electronic Arts’ Jedi: Fallen Order, I’m getting some definite Lara Croft vibes. And I’m very much okay with that. Jedi: Fallen Order is perhaps the first true attempt by EA to produce a single-player Star Wars game. After years of hearing about such games getting canned in favor of two Battlefront titles, playing this game feels like an achievement in and of itself. I’ve been playing it off-and-on ever since it came out. Keep in mind I haven’t finished the game — Death Stranding and Pokémon Sword & Shield exist, and I only have so many hours in… This story… Read More

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Best unlocked phone in the US: 10 smartphones with no contract

The best unlocked phones in the US will ensure you don’t get stuck with a mobile carrier or network that doesn’t cut it. With unlocked phones, you can switch from carrier to carrier, so one month you can snag unlimited data and the next you can hold back and save some money. This freedom comes at a higher upfront price generally, but the freedom to choose your plan can save you money in the long wrong. If you’re looking at the best unlimited data plans, having an unlocked phone will give you considerably more options to choose the one that perfectly suits you. And, even if you end up going… Read More

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Bill Gates says that the only way to hire and keep AI talent is to let them share their research openly: ‘You can completely ignore whoever tries to close their system’

Microsoft cofounder Bill Gates appeared onstage for Bloomberg’s New Economy Forum in Beijing on Thursday, and spoke out against protectionism in artificial intelligence research. The US and China have dominated in AI research, but rising political tensions have slowed collaboration between the two countries and raised concerns of national security. But Gates said separating the sectors was impractical, and ‘just doesn’t work.’ He also said sharing research was key for attracting talent: many Microsoft employees stayed at the company because it regularly publishes their research, he said. Gates is no stranger to wading into controversial topics. At the New York Times DealBook conference in early November, he apologized for his… Read More

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Another US court says police cannot force suspects to turn over their passwords

The highest court in Pennsylvania has ruled that the state’s law enforcement cannot force suspects to turn over their passwords that would unlock their devices. The state’s Supreme Court said compelling a password from a suspect is a violation of the Fifth Amendment, a constitutional protection that protects suspects from self-incrimination. It’s not an surprising ruling, given other state and federal courts have almost always come to the same conclusion. The Fifth Amendment grants anyone in the U.S. the right to remain silent, which includes the right to not turn over information that could incriminate them in a crime. These days, those protections extend to the passcodes that only a… Read More

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