The explosion of an experimental nuclear bomb in New Mexico in 1945 made it blindingly clear that the Industrial Age was over. This event showed with terrifying clarity that scientific knowledge, mathematical skill, and engineering prowess can be used for unthinkable levels of destruction. The combined wonder and terror of this culmination of the Manhattan Project prompted its leader, J. Robert Oppenheimer, to remark: ... Read More »
Software stocks are leading the tech sector, and broader market, in a strong start to 2019. The XSW S&P software and services ETF has surged 7 percent in the past two weeks, better than the 3 percent gain on the XLK tech ETFand 4 percent advance on the S&P 500. Ari Wald, head of technical analysis at Oppenheimer, says it makes sense to ... Read More »
K. Kasturirangan. Photo: HT New Delhi: The Union government has granted another extension to the K. Kasturirangan Committee tasked with drafting a new education policy, days after the human resource development (HRD) ministry said it was giving final shape to the policy. The committee, which was supposed to submit the report by 30 June, now has till 31 August. This is ... Read More »
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 »
Forrester projects that the global tech market for business and government purchases of technology goods, software, and services will grow by around 5 percent in 2018 and 2019(subscription required) measured in constant currencies. Measured in US dollars, tech market growth will be stronger in 2018 at 6 percent due to a slightly weaker US dollar, then slow to 4.6 percent growth ... Read More »
Apple shareholders Jana Partners and the California State Teachers’ Retirement System are urging the smartphone maker to take steps to address what they say is a growing problem of young people getting addicted to Apple’s iPhones, Jana partner Charles Penner said. Jana, a leading activist shareholder, and CalSTRS, one of the nation’s largest public pension plans, delivered a letter to Apple on ... Read More »
Ever since the rise and rise of Facebook, we’ve seen one company after another come up to try and become the next world conquering social network. Ello is the latest in a long line of platforms that have been described as the next big thing but judging by our first brush with the network, Zuckerberg and company have nothing to worry about ... Read More »
HIGHLIGHTS Google reportedly doesn’t proactively inform users about deleting data Users who are paying for Google Drive can’t recover data once deleted Android allows users to backup app and settings data If you have a habit of switching your daily driver from Android frequently, we have news for you. As it turns out, Google deletes the Android backup data for users if ... Read More »
Take two of the hottest themes in the market, electric vehicles and new iPhones, and both lead you to a Korean tech company: Samsung SDI . The $11 billion company, 20% owned by Samsung Electronics , makes most of its revenue from batteries, yet the biggest profit driver in the next few years will come from something else, smartphone screens. ... Read More »
Brazilian cities went into partial shutdown on Friday as the country observed its first general strike in more than two decades. Millions of workers, including public transport staff, bankers and teachers, have been urged to take part by trade unions and social groups. Protesters are taking a stand against the president’s proposed pension reforms. President Michel Temer says the changes ... Read More »
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