It became quite clear to Jim Cramer on Monday that the stock market was trading on, well, nothing. “I’ve thought a lot about these periods and I’ve learned that there is such a thing as random movement periodically, and it always gets ascribed to something. The market’s not always logical and the action doesn’t always […]
Read moreAs China‘s financial markets mature, major non-Chinese financial firms increasingly want to open funds in the country and tap the multitrillion-dollar institutional investor market there. This summer, UBS Asset Management received a license for private fund management in mainland China, and BlackRock said it plans to set up its first private fund in the country. […]
Read moreIn its bid to compete with Amazon Web Services, Google has opened data centers in four countries outside the U.S. this year and has plans to launch in five more before 2019. But one big market is not on the list: China. Google’s absence, which stems from a long-standing feud with the world’s second-biggest economy, […]
Read moreRoss Levinsohn has worked at all kinds of media companies, but he’s never managed a newspaper before. Now he’ll run a big one: He’s the new publisher and CEO of the Los Angeles Times. As the Times reports, Levinsohn’s appointment comes as part of a restructuring, one of many the paper has undergone: The Times, […]
Read moreYahoo owes a prize promoter $5.5 million for backing out of a contract to pay $1 billion for predicting every winner in the 2014 NCAA men’s basketball tournament, and entering a similar contract with Quicken Loans and Warren Buffett‘s Berkshire Hathaway, a court decided on Monday. The 5th U.S. Circuit Court of Appeals in New […]
Read moreFirst the solar spectacle…then the traffic jam. Enough Americans watched the total eclipse from inside (or near) their cars for the aftermath of the phenomenon to show up on national traffic maps. A screen grab of national traffic patterns on Google Maps shows a series of traffic jams following the path of the event across […]
Read moreWorkplace biases are back in the national conversation, thanks to the recent memo by a Google employee. The memo’s author challenges the company’s diversity policies, arguing that psychological differences between men and women explain why fewer women work in tech. He also minimizes the effect that unconscious biases have on women in the workplace. Even […]
Read moreDigital currency ethereum climbed Monday to a near two-month high amid renewed uncertainty about the future of bitcoin. Ethereum traded about 10 percent higher near $330 Monday afternoon, after earlier rising 15 percent to $347.05, its highest since June 23, according to CoinMarketCap. At its session high, the site’s data showed ethereum had gained 70 […]
Read moreIT IS an often-heard office conversation. Someone returns from a trip with a nasty bug, and colleagues say he must have caught it from a germ-ridden plane. It is not unusual to come down with something nasty after flying. And as a fellow Gulliver reported last week, contaminated air on flights is widespread. Someone has […]
Read moreGoogle‘s latest operating system update now has a name: Android Oreo. The operating system is part of the artificial intelligence software push Google announced earlier this year at its annual developer conference, Google I/O. Google said in May that it would improve Google Photos and expand the reach and capabilities of Google Assistant. The company […]
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