Amid the recent market turmoil, one group of stocks has managed to stay above the fray: tech. And there are some specific names in the space market watchers are eyeing for a big breakout. Miller Tabak equity strategist Matt Maley pointed out that the tech-stock tracking ETF (XLK) has recouped all of its losses in the last month, but warned ... Read More »
HIGHLIGHTS The statement was made at Goldman Sachs Internet & Technology conference The redesign has taken flak from millions of users till now Spiegel claims the decision will take sometime to get adapted to Snapchat has dug itself in even deeper into controversy after CEO Evan Spiegel announced that the infamous redesign of the social media app would not be rolled back, and ... Read More »
As 2017 dawned, two tech companies were worth $500 billion on their own. That number has since tripled, forming a group of half a dozen tech companies worth at least half a trillion dollars that dominate the markets as their products weave their way into every facet of consumers’ lives. All six companies — Alibaba Group Holding Ltd. BABA, +0.20% , Alphabet Inc.GOOGL, +0.41% GOOG, +0.54% , ... Read More »
Some of the most popular industrial and consumer robots are dangerously easy to hack and could be turned into bugging devices or weapons, IOActive said. The Seattle-based cyber-security firm found major security flaws in industrial models sold by Universal Robots, a division of US technology company Teradyne. It also cited issues with consumer robots Pepper and NAO, which are manufactured by Japan’s Softbank Group, and the Alpha ... Read More »
Lenovo brand Moto on Tuesday at CES 2018 announced the launch of two new products in its Moto Mod product lineup – the Lenovo Vital Moto Mod and the Livermorium Slider Keyboard Moto Mod. Both these Moto Mods were developed with a combination of crowdfunding campaigns on Indiegogo, Moto’s Accelerator Program, and Moto Mod Development Kit distribution to developers. As before the Moto Mods will work ... Read More »
There’s something in common between amazing story of “Nicole Mincey”, the pseudonymous Twitter user with 146,000 followers who was retweeted by President Donald Trump and then disappeared overnight along with a few other online personae, and a recent prank by a Berliner frustrated with his inability to get Twitter to remove hate speech. The common element is the obvious solution to both problems, ... Read More »
Technology stocks and sector-related ETFs have outperformed this year with some technology ETFs posting gains that are more than double those of delivered by the S&P 500. The Technology Select Sector SPDR Fund (NYSEArca: XLK), the largest tech ETF, is outpacing the S&P 500 by a 2-to-1 margin. XLK tries to reflect the performance of the Technology Select Sector Index, which is ... Read More »
‘It appears that in 2016, bots were deliberately unleashed on social media to sway voter opinion by spreading fake news and deceiving trending algorithms.’ Photograph: PhotoAlto/Alamy Can social bots – pieces of software that perform automated tasks – influence humans on social media platforms? That’s a question congressional investigators are asking social media companies ever since fears emerged that they were deployed ... Read More »
U.S. stocks closed slightly higher on Wednesday, notching record highs, as a gain in the energy sector offset losses in tech. The Dow Jones industrial average rose 39.3 points to close at 22,158.18 — a record — with Chevron contributing the most to the gains. Apple, however, was the biggest loser in the index. The S&P 500 rose 0.1 percent and finished the session ... Read More »
THE risks of a new financial crisis are increasing along with the size of car finance deals handed out by garages, experts warned last night. Though the number of motors bought on cheap credit is finally going down, the total lent remains the same. ALAMY Fewer cars are being bought on cheap credit This indicates customers are taking on higher ... Read More »
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