Tag Archives: market

Stock market books weekly, daily gain as tech and energy sectors rally

U.S. stocks finished mostly higher Friday as investors scooped up battered energy shares, and technology stocks extended their recent advance, helping the main indexes close out the week on a positive note. The S&P 500 SPX, +0.16%  rose 3.80 points, or 0.2%, to end at 2,438.30 with technology stocks up 0.7% and energy shares adding 0.8%. The Dow Jones Industrial ... Read More »

US Tech Firms Give Up Security Secrets For Access To Russian Market

  U.S. technology companies routinely share sensitive product security secrets with Russian agencies in order to gain access to the country’s lucrative tech market, a compromise that could enable Moscow’s aggressive hacking efforts against Western governments and companies. Russian officials demand tech companies hand over source codes for security products such as firewalls, anti-virus applications, and encrypted software before they are ... Read More »

Google Gaining Ground on U.S. Education Tech Market: First Kahoot! EdTrends Report

OSLO, Norway, June 21, 2017 /PRNewswire/ — Kahoot!, the game-based learning platform and one of the world’s fastest-growing learning brands, today launched its Kahoot! EdTrends Report, which addresses the latest education tech trends in the U.S. K-12 market. This new quarterly report will enable educators and administrators to stay better informed about trending educational technologies, methods and best practices. Key findings ... Read More »

Stock market closes lower as oil slips into bear-market territory

Getty ImagesIt was a gloomy day for crude oil. U.S. stocks finished lower Tuesday as investors dumped energy shares after crude-oil prices sank into bear-market territory. The S&P 500 SPX, -0.67%  dropped 16.43 points, or 0.7%, to close at 2,437.03, with nine of the 11 main sectors trading lower. The energy sector was down 1.3%, topping the losers. Crude oil ... Read More »

What’s behind the big market swing from tech to banks

The tech sector can’t lead the market forever: Strategist  Friday, 9 Jun 2017 | 2:08 PM ET | 01:44 Technology stocks are getting beaten up and banks have surged as part of a broader trend that has hit the market this year, where yesterday’s hot hands are today’s also-rans. The two sides have exchanged market leadership over the past week or ... Read More »

New report shows how quickly India’s tech and mobile market is growing

Mumbai skyline at night. Shutterstock If there’s been any doubt about India being the next major target market for tech businesses, Kleiner Perkins partner Mary Meeker’s latest Internet Trends Report should make that clear as day. The report, which spans 355 pages, dedicates 55 pages solely to the state of internet and mobile access in India. The first major takeaway ... Read More »

Chipmakers at Taiwan’s Biggest Tech Fair Look Beyond Crowded Smartphone Market

Chipmakers switched focus at Taiwan’s top tech fair this week with bets on new areas such as driverless cars, virtual reality and artificial intelligence, shifting away from smartphones where intense competition has pushed down components prices. The Computex Taipei event, now in its 36th year, has historically been a central venue for electronic parts manufacturers to show off their processors ... Read More »

India is definitely the world’s next major tech market, says Internet Trends Report

If there’s been any doubt about India being the next major target market for tech businesses, Kleiner Perkins partner Mary Meeker’s latest Internet Trends Report should make that clear as day. The report, which spans 355 pages, dedicates 55 pages solely to the state of internet and mobile access in India. The first major takeaway is that the country now ... Read More »

DJUBO to Conquer South Asian Hotel Tech Market

DJUBO, a cloud based 360 Hotels Sales Platform, has now entered the South Asian hotel tech market after announcing its partnerships with Traveloka and Pegi Pegi. DJUBO as a company has grown 12x in revenues in just 18 months of their launch in India. It has 2000+ clients and is already the single largest hotel tech company with hotel clients ... Read More »

SGX still a viable tech market

Mr Chew Sutat, SGX head of equities and fixed income, told an exchange event yesterday: “The US, we do acknowledge, is a great market for tech today. There are companies like Snap that have no profits that can actually raise quite good money. “But in Asia today, there isn’t a single market that is a pre-eminent market for technology.” He ... Read More »