Facebook is expanding the use of its facial recognition technology to alert users when a photo of them is posted, even if they’re not tagged. The idea is to round up photos posted by friends that you might want to add to your profile, and to detect when someone else is using your photos as […]
Read moreThe are some “classic” signs of market bubbles in certain asset classes, according to VTB Capital’s Global Macro Strategist Neil MacKinnon, who believes that easy money from central banks is to blame. “I think what we’re seeing across some asset classes is the appearance of bubbles — we’re thinking of cryptocurrencies,” MacKinnon told CNBC Tuesday, […]
Read moreCNBC’s Jim Cramer defend Apple on Tuesday, saying a recent rare downgrade report “directly contradicts” the tech giant’s earnings call. Apple shares fell about 1 percent Tuesday after Nomura Instinet lowered its rating on the companyto neutral from buy. Analyst Jeffrey Kvaal told clients “the stock’s gains for the iPhone X supercycle are in the […]
Read moreThe world around cryptocurrency is great, but investors should be a little more careful and know the risks, CNBC’s Jim Cramer said Tuesday. “I’m not denying the crypto world, I’m supporting the crypto world. I think that crypto is great,” Cramer said on “Squawk Box.” “But I think we have to be a little more […]
Read moreBitcoin is a risky investment that could easily plunge 50 percent next week to levels seen only last month, said a former hedge fund strategist who is now a digital currency investor. But Dan Morehead, founder and CEO Pantera Capital, predicted Tuesday that bitcoin in the long run is likely to spike much higher than […]
Read moreFacebook and Microsoft independently stopped North Korean cyberattacks last week, a US official says
Facebook and Microsoft acted last week to disable a number of North Korean cyber actions, White House homeland security adviser Tom Bossert said on Tuesday as the United States publicly blamed Pyongyang for a May cyber attack that crippled hospitals, banks and other companies. Bossert did not provide details on those actions but said the […]
Read moreThe blockchain, the digital ledger system that underlies the boom in cryptocurrencies like bitcoin, is an innovation born within the open-source software community, where software coders pride themselves on the sharing of information. But the blockchain’s open-source formative years may not stay that way. As bitcoin nears $20,000 and other digital currencies experience unprecedented gains, […]
Read moreUnited Parcel Service just became Tesla‘s biggest Semi-truck customer to date. The delivery service and logistics provider announced Tuesday morning its plans to preorder 125 of Tesla’s new electric Semi tractors. Previously, beverage and snacks behemoth PepsiCo had reserved 100 of the trucks, the largest-known order as of last week. Companies including Walmart, fleet operator […]
Read moreThere are hedge funds with blockbuster returns. Then there is the Pantera Bitcoin Fund. The fund — one of the first in the world to dedicate itself to virtual currencies — released its returns in a letter sent to investors on Tuesday. The figure for the life of the fund, which was set up in […]
Read moreThe wave of sexual harassment claims has toppled powerful men in entertainment, media and politics. Now, it is also creating permanent changes in workplace policy at one giant technology company. Microsoft, one of the world’s biggest software makers, said on Tuesday that it had eliminated forced arbitration agreements with employees who make sexual harassment claims […]
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