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Monday, May 13, 2019 by Snacks

Happy conference season... Google's Apple-ish I/O event (stands for "input/output") revealed a voice assistant to screen robo-calls, "Incognito" Google Maps, and (the main event) a $399 Pixel smartphone. Unlike Apple, Google doesn't need an extra-profitable $1,000 smartphone — Its focus is making money off hoards of data from your internet use.

Some hookups abroad... Match enjoyed a 14% revenue jump last quarter, courtesy of 23% user-growth internationally. Tinder is still its alpha app, totaling 4.7M active dating users. But shares jumped over 10% on one key stat: In places where Facebook's dating feature is already rolled out, Match hasn't seen any negative impact.

Cars want all the attention... GM's Cruise Automation (a self-driving car startup it bought in '16) raised $1.15B to push forward with robotaxis (planned for later this year). Then Tesla jumped into the car insurance biz, while Ferrari closed in on an all-time high stock price, powered by sales in China.

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