Amazon Web Services on Monday introduced cloud service for the CIA and other members of the U.S. intelligence community. The launch of the so-called AWS Secret Region comes six years after AWS introduced GovCloud, its first data center region for public sector customers. AWS has since announced plans to expand GovCloud. The new Secret Region […]
Read moreAngry gamers that are livid over Electronic Arts’ in-game money-making strategy in its new “Star Wars Battlefront II” title are overreacting, according to one Wall Street firm. “We view the negative reaction to Star Wars Battlefront 2 (and industry trading sympathy) as an opportunity to add to Electronic Arts, Take-Two, and Activision Blizzard positions. The […]
Read moreAmericans’ access to credit improved while their perceived vulnerability to a financial shock declined, according to a Federal Reserve Bank of New York survey that painted a slightly more optimistic picture of U.S. households. The so-called survey of consumer expectations found that respondents who were too discouraged to apply for credit over the past 12 […]
Read moreElon Musk is the ultimate performer. And he knows it. His latest bit of intrigue? Sunday night, the billionaire teased the notion that the only thing stopping Tesla’s most souped up Tesla Roadster from flying is safety precautions. Thursday, after unveiling the Tesla Semi truck, Musk announced the next generation high-end Tesla Roadster. The four-seater, […]
Read moreAmazon’s dominance over multiple industries and markets will only get larger, according to one Wall Street firm. Nomura Instinet reiterated its buy rating for Amazon shares, saying the internet giant will maintain its leadership position because of its massive investment spending. “With nearly all retailers playing defense, the few willing & able to go on […]
Read moreUber plans to buy up to 24,000 self-driving cars from Volvo, marking the transition of the U.S. firm from an app used to summon a taxi to the owner and operator of a fleet of cars. The non-binding framework deal could offer San Francisco-based Uber a way to overcome setbacks at its autonomous driving division […]
Read moreGeneral Motors will surprise Wall Street with its “advanced” autonomous technology announcement later this month and affirm its goal to be a key competitor in ride-sharing, according to one Wall Street firm Monday. Guggenheim upgraded shares of General Motors to buy from neutral on Monday, citing the company’s “vision for an autonomous future” as well […]
Read moreOrganizations were hit by an average of 237 distributed denial of service, or DDoS, attack attempts per month during the third quarter of 2017, according to researchers. The data, from Corero Network Security’s (CNS) latest “DDoS Trends and Analysis” report, showed a 35 percent increase in monthly attack attempts compared to the second quarter of […]
Read moreWomen’s clothing brand Victoria’s Secret has wrapped its first ever fashion show in China, although the brand’s move east has not been without its issues. Its annual show was held in Shanghai this year, but politics in the region caused problems for the event organizers. Katy Perry, who was expected to perform, was reportedly denied […]
Read moreIf you are looking for easy answers or reassuring platitudes, do not check in with Jack Bogle, the 88-year-old founder and retired CEO of the world’s largest mutual fund company, Vanguard, which manages $4.5 trillion in assets. “I seek the truth,” he said. “In my long experience, one thing I know is that truth is […]
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