Forrester’s latest European tech market forecast projects that growth in purchases of technology software, hardware, and services by European businesses and government measured in Euros will hold steady at 1.6 percent in 2017, and increase to 2.2 percent in 2018. Spending on software and tech consulting services will do better, with software spending rising by 2.5 percent in 2017 and 3.5 percent ... Read More »
HIGHLIGHTS The video shows a white strip of windshield lights on the van flickering Developers have taught driverless cars to stay in their lanes Study is investigating the potential need for additional exterior signals The man in the seat-cushion costume got all the attention. What appeared to be a driverless vehicle actually had a researcher sitting in the front seat, ... Read More »
Apple is releasing a new version of its mobile operating system this fall, bringing the company up to a nice round number: iOS 10. Ahead of launch, Apple is allowing anyone to test the software and give their feedback. First, I would not recommend that most people download this beta. Bugs are par for the course with all early software and could try ... Read More »
Toronto is North America’s fastest growing tech market, outpacing New York and San Francisco combined, according to CBRE’s fifth annual Scoring Tech Talent Report. The report, which ranks 50 U.S. and Canadian markets according to their ability to attract and grow tech talent, also shows Toronto is the second-cheapest place to operate a tech firm. Even Oklahoma City, the cheapest ... Read More »
FreightBro leverages technology to enable freight forwarders to make data-driven decisions, predict changes in the market and provide better value to shippers. The bustling industrial centre of Oragadam, Chennai, houses hundreds of SMBs exporting automotive parts to Turkey, South Africa, South Korea and Europe. But their precision is plagued by transport inefficiencies and port documentation delays. The $200 billion logistics ... Read More »
HIGHLIGHTS The tape comes with a recording density of 201GB per inch IBM worked with Sony Storage Solutions for the tape The tape has been developed over years In an interesting development, scientists at IBM have managed to develop a prototype magnetic tape drive that fits in the palm of your hand and can store a whopping 330TB of uncompressed ... Read More »
Nasdaq and technology stocks are sending up warning flares that the broader market may be getting ready for a late-summer sell-off. The Dow surged above 22,000 for the first time ever Wednesday, and the S&P 500 and Nasdaq also rode higher after Apple’s strong earnings cast a positive glow across the market. But those gains evaporated and the Dow was just slightly higher for most ... Read More »
The Dow industrials finished at an all-time high on Monday, but the broader market’s gains were hobbled by losses in the technology sector. The Dow Jones Industrial Average DJIA, +0.41% gained 60.81 points, or 0.3%, to close at 21,891.12, pulling back from its best levels after hitting an intraday record earlier in the session at 21,929.80. The S&P 500 index SPX, +0.25% declined 1.80 points, or ... Read More »
A nothing day has turned into a selloff, as tech stocks tumble and take the market with it. Except for the Dow, which is hitting a new all-time high. ILLUSTRATION: GETTY IMAGES The S&P 500 have fallen 0.4% to 2,467.59 at 1:51 p.m. today, while the Dow Jones Industrial Average has ticked up 14.85 points, or 0.1%, to 21,725.86. The Nasdaq Composite has dropped 1.1% to 6,352.31. Earlier today, ... Read More »
12:10 pm Buzzing: Adani Power shares fell as much as 4 percent intraday after foreign brokerage house Citi discontinued its coverage on the stock. “We are discontinuing coverage on Adani Power due to reallocation of our resources. The firm’s last recommendation for the stock is sell and our target price is Rs 23. This is our last rating on Adani Power,” the ... Read More »
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