What is suitable technologies?
Suitable Technologies develops systems that combine mobility and video conferencing. View contacts for Suitable Technologies to access new leads and connect with decision-makers. Suitable Technologies' Beam is a true remote presence device. Travel instantly to remote locations, in a way that makes you feel as though you're really there.
What are the best tech stocks to buy?
Another wager on the core parts of humanity, Adobe is arguably the most appropriate tech stock to buy in order to bet on the endurance of human creativity.
What happened to suitable?
Though Edward Snowden, Steph Curry, President Barack Obama, and others have used Suitable’s Beam product to talk to someone remotely, the company only sold or leased about 7,000 units and was never profitable, with operating losses totalling more than $50 million between 2013 and 2018, according to the bankruptcy declaration.
What went wrong at suitable technologies?
Scott Hassan speaks with a colleague on a Beam robot. Silicon Valley startup Suitable Technologies filed for bankruptcy this week, declaring that its primary product — a video-conferencing robot that looks like an iPad on a wheels — failed to catch on, leading to tens of millions of dollars in losses.
What are the best tech stocks to buy in 2021?
Another best-in-class pick, Adobe has earned its spot as one of the best tech stocks to buy for 2021. When investors think of tech stocks, many imagine risky, high-priced growth companies that don't pay dividends. There are several such stocks on this list, but Cisco isn't one of them.
How much is Apple worth?
Apple, the largest publicly traded company in the world, is worth about $2.2 trillion. Not including state-owned businesses like Saudi Aramco, it's also the most profitable, raking in $57.41 billion in profit in the last 12 months. A price-earnings ratio around 40 is a little high for such an already massive company, but investors are paying up in part for the financial security that comes with that size. Although AAPL is slowly diversifying away from its reliance on the iPhone, the hit smartphone still remains Apple's major source of revenue, and recent reports from Nikkei Asia claim Apple is planning to increase its iPhone production by almost 30% in the first half of 2021 alone. Excluding companies running index funds, Berkshire Hathaway ( BRK.B, BRK.A) is Apple's single-largest shareholder, owning more than 5% of total outstanding shares.
Is Spotify profitable?
The company has 356 million monthly active users, 158 million of which are paying, premium members. Spotify is not currently profitable and operating in a competitive industry , so shareholders have been a bit fickle this year, but the business is growing at a healthy pace.
What is Uber technology?
Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It connects consumers with independent providers of ride services for ridesharing services and other forms of transportation services, including public transit, as well as connect riders and other consumers with restaurants, grocers, other stores, and delivery service providers for meal preparation, grocery, and other delivery services. The company operates through four segments: Mobility, Delivery, Freight, and Advanced Technologies Group (ATG) and Other Technology Programs. The Mobility segment provides products that connect consumers with mobility drivers who provide rides in a range of vehicles, such as cars, auto rickshaws, motorbikes, minibuses, or taxis. It also offers Uber for Business, financial partnerships, transit, and vehicle solutions offerings. The Delivery segment allows consumers to search for and discover local restaurants, order a meal, and either pick-up at the restaurant or have the meal delivered, as well as offers grocery and convenience store delivery, and select other goods. The Freight segment connects carriers with shippers on the company's platform and enable carriers upfront, transparent pricing, and the ability to book a shipment. The ATG and Other Technology Programs segment engages in the development and commercialization of autonomous vehicle and ridesharing technologies, as well as Uber Elevate. The company was formerly known as Ubercab, Inc. and changed its name to Uber Technologies, Inc. in February 2011. Uber Technologies, Inc. was founded in 2009 and is headquartered in San Francisco, California.
What is Fortinet software?
Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides central and scalable management solution for its FortiGate products. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall; FortiToken and FortiAuthenticator product families for multi-factor authentication to safeguard systems, assets, and data; and FortiEDR/XDR, an endpoint protection solution that provides both comprehensive machine-learning anti-malware execution and real-time post-infection protection. The company provides security subscription, technical support, professional, and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries. It has strategic alliance with Linksys. The company was founded in 2000 and is headquartered in Sunnyvale, California.
About
Suitable Technologies develops systems that combine mobility and video conferencing.
Highlights
View contacts for Suitable Technologies to access new leads and connect with decision-makers.
