Billionaire tech entrepreneur Elon Musk is running electric car company Tesla and the aerospace company SpaceX. He’s planning to build a city on Mars. He’s a co-founder of the non-profit Open AI, which aims to prevent dangerous artificial intelligence, and the founder of Neuralink, a company working to connect the brain with computers. He has […]
Read moreThe world is moving toward crisis and a state of “geopolitical depression” as the presidency of Donald Trump accelerates divisions among citizens and the unraveling of the global order, risk consultancy Eurasia Group warns. Liberal democracies are suffering from a deficit of legitimacy not seen since World War II, and today’s leaders have largely abandoned […]
Read moreElectronic Arts “Star Wars Battlefront II” sales will improve after a weak and controversial start, according to one Wall Street firm. Wedbush Securities reiterated its outperform rating for Electronic Arts shares, citing the company’s strong game pipeline for the next fiscal year. EA shares rose 3 percent Tuesday after the report. “The sell-off in recent […]
Read more
The hottest digital coin as 2018 kicks off is stellar, which has climbed more than 65 percent since Friday into the 10 largest cryptocurrencies by market capitalization. By Tuesday, stellar had a market cap of $10 billion as the eighth-largest digital currency, according to CoinMarketCap. The digital coin traded 17.5 percent higher on the day […]
Read moreAmazon and Salesforce have long searched for alternatives to Oracle’s technology — and now, the pair have made “significant progress” toward that goal, unnamed sources told The Information in a report published on Tuesday. Salesforce is developing its own alternative to Oracle’s database, while Amazon is moving toward open-source technology called NoSQL, sources told The […]
Read moreApple‘s iPhone battery problem isn’t a big deal and investors shouldn’t sell their stock, CNBC’s Jim Cramer said Tuesday. The tech giant announced customers can now replace batteries on the iPhone 6 or later models for $29. It came after the revelation that its software slows down older phones to protect battery stability. “How many […]
Read moreThe speculative mania on anything related to cryptocurrencies is happening again in the new year. Chanticleer Holdings (BURG), an owner of burger restaurants, said Tuesday it will use block chain-related technology for its customer rewards program. “We wanted to expand our existing loyalty program with something that really changes the way our customers can leverage […]
Read moreLululemon expectations have improved so much that the upside opportunity has evaporated for investors, according to Citigroup. Despite solid holiday performance and “product newness” driving sales at the athletic apparel retailer, Citi analyst Paul Lejuez downgraded shares of Lululemon to neutral Tuesday. “We believe expectations are now elevated for a strong fourth quarter and continued […]
Read moreTechnology is fuelling a new wave of workplace sexual harassment, as social media provides intimate details of workers’ personal lives and systems deployed by some companies allow would-be stalkers to track their colleagues’ location in real time. The role of new technologies in enabling workplace sexual harassment emerged in readers’ responses to a Financial Times’ […]
Read moreShares of Weight Watchers rose more than 5 percent Tuesday after the company announced that music producer DJ Khaled will be its “social media ambassador” in 2018. Weight Watchers said Khaled will document his progress on social media as he completes the “WW Freestyle” weight-loss program. Khaled has a wide following on social media. As […]
Read more