Ageism is a growing issue in Silicon Valley. But are older millennials finding themselves too old for the tech jobs at the biggest companies? An anonymous user recently asked on Quora: “I’m 35 years old. Am I too old to join Google, Facebook, Microsoft or Apple as a software engineer?” Quora is a website that […]
Read moreCentral banks may one day need to issue their own cryptocurrencies, the Bank for International Settlements, or BIS, said in its latest quarterly review. “Whether or not a central bank should provide a digital alternative to cash is most pressing in countries, such as Sweden, where cash usage is rapidly declining,” the Sunday report said. […]
Read moreHuawei, one of the world’s largest smartphone makers, is already taking jabs at Apple’s iPhone X. In a post to Twitter, Huawei shows a short video of an apple being eaten to the core. The tweet says “Feeling disappointed? We’ve got a real surprise exceeding anything you’ve ever seen.” Huawei will unveil its new Huawei […]
Read moreDespite Netflix’s huge rally this year, a Wall Street firm says the stock will continue to go higher based on an analysis of Google search data. Piper Jaffray told its clients the video streaming company could have as much as 42 percent year-over-year gains in its international subscriber base in the third quarter, in line […]
Read moreCryptocurrencies are the new red state/blue state divide in America. StockTwits said late last week that there were as many messages on its service last week on bitcoin as its most popular ticker for the S&P 500. And popular opinion is split. There’s one incredibly passionate group that believes in cryptocurrencies as the future of […]
Read moreShort-seller Carson Block told CNBC on Monday that his lawsuit against Equifax over its massive cyberbreach is a personal case, and he’s seeking at least $500,000 in damages. “This is really on my behalf, since apparently my data … may have been compromised,” said Block, founder of Muddy Waters Research. “I’m suing.” Block filed a […]
Read moreTesla is often tipped as one of the most disruptive companies in the world, but one investor is shorting the California-based electric car maker given its sales in comparison to BMW. Patrick Armstrong, managing partner at Plurimi Investment Managers, told CNBC Monday that, “Tesla is obviously leading the charge with electronic, electric cars. Rightly so, […]
Read moreAlphabet unit Google has offered to display rival shopping comparison sites via an auction in order to comply with an EU antitrust order to stop favoring its own shopping service, four people familiar with the matter said on Monday. The proposal, which resembles a failed offer made to the European Commission three years ago to […]
Read moreNvidia shares are surging as Wall Street is growing more bullish on the company’s artificial intelligence opportunity. Bank of America Merrill Lynch raised its price target for the chipmaker to the second highest among analyst firms, citing the company’s product leadership in the gaming, data center and AI markets. The move came soon after Evercore […]
Read moreVideo streaming pioneer Roku hopes to raise just over $252 million in an initial public offering as it tries to expand into more households. The Los Gatos, California, company on Monday said it would offer about 18 million shares of stock at $14 apiece. The company had 15.1 million active accounts as of June 30 […]
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