Some tiny stocks are taking a wild ride as traders look for ways to bet on bitcoin’s blockchain technology. Since bitcoin doesn’t trade on a traditional exchange like the Nasdaq, traders have latched onto any stock claiming some connection to the world of digital coins and blockchain. Bitcoin is a highly volatile digital currency that […]
Read moreApple fans may be miffed about the supply chain delays hitting the much-anticipated new iPhone X, but Apple investors don’t have much to worry about, according to a Wall Street analyst. “It’s certainly better than the alternative,” meaning lower demand, Andy Hargreaves, an analyst at KeyBanc, told CNBC’s Power Lunch on Friday. Pre-orders for Apple’s […]
Read moreHere’s a round-up of the most important deals in venture capital from the past two weeks. Auto parts maker Delphi announced that it will acquire self-driving software start-up NuTonomy in a deal valued at $450 million. Delphi, a top-tier supplier, aims to speed up the development of autonomous vehicles. Nutonomy, based in Boston, will bring […]
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Amazon shareholders are having a good day. The e-commerce juggernaut added more market value in one day than that of more than 400 individual companies in the S&P 500. Amazon shares surged more than 13 percent to an all-time high midday Friday, a day after it reported better-than-expected earnings. The gain represented $61.9 billion of […]
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Tech stocks are soaring, but there’s one name that’s noticeably absent from the recent rally: Tesla. Shares in the electric-car maker fell 2 percent on Friday after reports that production of the Model 3 would be delayed. Tesla’s stock has been on a precipitous decline since hitting a high last month, falling 17 percent, near […]
Read moreFacebook is trying to make it easier to identify political ads in your News Feed. The social giant announced on Friday it will soon require advertisers — especially political candidates — to disclose more information about their advertising efforts on the platform as the company seeks to temper concerns from the U.S. Congress about Russian […]
Read moreWhere are dreams fulfilled for tech talent? Companies including SpaceX, Google, Tesla, Netflix, Slack and Facebook rank highly, according to a survey conducted by job website, Hired. For the survey, released Thursday, 2,349 software engineers, product managers, designers, and data scientists were interviewed between Aug. 8 and Aug. 24. Respondents were asked how they would […]
Read moreAt any point in any console cycle, the launch of a new Super Mario game is a big deal. But “Super Mario Odyssey,” which hits store shelves today, is a bonafide event. The game is garnering some of the best reviews of any game this year. And consumer interest in those reviews is so strong […]
Read moreGoogle Fiber was one of the company’s most ambitious projects. Under the original vision, the company was going to run fiber optic cable directly to consumers’ homes, giving them super-fast Internet. Google announced it would roll the service out in Kansas City, Kansas, in 2011, and followed on with 8 other cities. Then, Alphabet happened. […]
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IPhone X sales started early Friday morning, and one of the most anticipated new features is Face ID — which could be huge for mobile banking. Visa’s been developing this technology for banks to better secure transactions and account information. It’s said to be far more secure than passwords, because biometrics like face, voice and […]
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