'Apple Car' could generate $50B in revenue by 2030, analyst says
The "Apple Car" may not disrupt the market when it first debuts, but Piper Sandler says it could become a solid hardware revenue source for Apple, possibly generating $50 billion by 2030.In a note to investors seen byAppleInsider, lead analyst Harsh Kumar laid out Piper Sandler's framework for a potential "Apple Car" release."Overall, we think Apple entering the automotive market makes perfect sense. Similar to its other hardware offerings, the company can enter the market at a time of peak tech
Microsoft tried to buy Pinterest in recent months: report
Deal likely would have been Microsoft's largest-ever acquisition. Microsoft Corp. made overtures to buy Pinterest Inc. in recent months, the Financial Times reported Wednesday night.The acquisition talks are not currently active, the FT reported , adding that in the past Pinterest has signaled its preference to remain an independent company. The FT reported that Microsoft's acquisition strategy is targeting active online communities that it can pair with its cloud platform.Pinterest $$ has a cur