Internet stocks have crushed the market this year, and one Wall Street firm believes the strong performance will continue. Jefferies’ research team shared its top internet stock ideas in a note to clients Thursday. “We take a deep dive into the current state of the internet and interactive entertainment sectors, examining themes such as cloud […]
Read moreNew methods for treating the rising opioid epidemic in America may be found in the brains and behavior of drug-addicted tropical fish, says a new study. A team of researchers from the University of Utah Health got a tank full of zebrafish hooked on opioids and found they showed many of the same drug-seeking behaviors […]
Read moreA U.S. Democratic senator on Friday questioned the Federal Trade Commission’s quick approvalof Amazon‘s purchase of Whole Foods Market this week, less than three months after the $13.7 billion deal was announced. The FTC said on Wednesday that it had ended its antitrust investigation without seeking a second request for additional information on a deal […]
Read moreWall Street punished GameStop on Friday, a day after the company posted weaker-than-expected earnings and margins. The stock price was down more than 13 percent Friday afternoon. Despite strong revenue and same store sales, GameStop’s earnings per share fell just shy of estimates. The video game retailer posted adjusted second-quarter earnings of 15 cents per […]
Read moreGoogle is issuing refunds to advertisers whose ads ran on its sites later found to have fake traffic, according to a report in the Wall Street Journal. The refunds are being made while Google works on a tool to give online marketers more transparency into the ads they buy via the company’s technology, known as […]
Read moreElon Musk says artificial intelligence is a bigger threat than North Korea. Bill Gates has suggested that it will be necessary for companies to pay a “robot tax” as they increasingly replace workers with automation. But the rise of machine intelligence isn’t all bad. Case in point: it’s made possible a robot dance party which […]
Read moreOfficially, Apple has no presence in Iran. Because of American sanctions against the country, the company’s iPhones are not legally available for sale here, and Apple does not offer a version of its App Store in the country. That has not stopped Iranians from snapping up millions of iPhones smuggled in from places like Dubai […]
Read moreTesla and SpaceX CEO Elon Musk has repeatedly said society needs to be more concerned about safety with the increased use of artificial intelligence. “If you’re not concerned about AI safety, you should be,” Musk recently tweeted. TWEET Jenny Dearborn, chief learning officer at software solutions company SAP, agrees. In fact, she says it’s critical […]
Read moreAppearing at a gathering of U.S. governors this February, the Trump administration’s top transportation official pledged she would work swiftly to help put more self-driving cars on the country’s roads. “There’s a lot at stake in getting this technology right,” Secretary Elaine Chao stressed at the time. Six months later, however, the Trump administration has […]
Read moreFedEx is betting on bots to help increase the efficiency of its employees. Since 2016, the company has been using autonomous delivery robots at its equipment repair center in Collierville, Tennessee. Technicians can call the robots to retrieve, move or pick up various parts and tools they need from the stock room without having to […]
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