If you haven’t read the full, 10-page anti-diversity memo written by a male Google employee that has now gone viral, here’s your CliffsNotes version. In the piece, entitled “Google’s Ideological Echo Chamber,” a software engineer who works at the Mountain View, California, headquarters tries to make the case that women are underrepresented in tech because […]
Read moreOne of the hottest stocks in the S&P 500 is in a rare and sudden slump. Shares of Amazon have fallen more than 8 percent since its earnings miss in the last week of July, the very same week the now-$994 stock rose to an all-time high of $1083.31. That’s the biggest pullback since last […]
Read moreThe facial recognition feature expected in Apple‘s iPhone 8 may be more secure and faster than the Touch ID fingerprint reader on current iPhones. Bloomberg reporter Mark Gurman, known for his accurate reporting on future Apple products, recently published a tweet saying as much, referring to the feature as “Face ID.” Here’s Gurman’s Tweet While […]
Read moreBitcoin climbed above $3,400 to trade at all-time highs on Monday as investors gained confidence in the future of the digital currency. Its price rose nearly 5 percent, to $3,451.86, up nearly $600 from Friday’s $2,900 levels, according to CoinDesk. Bitcoin has now increased 3.5 times this year and is up 18 percent for August. […]
Read moreNetflix is delving deeper into the comic book world with its first acquisition, comic book publisher Millarworld. The company announced Monday it has acquired MIllarworld, which publishes franchises including “Kingsman: The Secret Service,” “Kick-Ass,” “Wanted” and “Reborn.” Netflix said it plans to turn its franchises into films, series and kids’ shows. No further details were […]
Read moreIn early July the Food and Drug Administration approved the first new drug for sickle cell patients in nearly 20 years. It was a watershed moment for people who suffer from the rare blood disorder that can cause debilitating pain. And for one physician it was the end of a 25-year journey. The drug, Endari, […]
Read moreSamsung announced a more rugged version of the Galaxy S8 on Monday. The new device is called the Galaxy S8 Active and will be sold on AT&T in the United States beginning Friday. Samsung typically launches a tougher version of its Galaxy S smartphones a few months after the original launches. As with previous models, […]
Read moreSoftBank Group, a prolific investor in global technology startups, reported a sharp rise in quarterly profits and said it would be interested in parking funds in ride-hailing firms Uber Technologies or Lyft in the future. This is the first time Softbank has publicly indicated an interest in Uber, after having so far put funds into […]
Read moreOaktree’s Howard Marks sounded a general alarm last week about the state of stock markets, private equity, credit markets and — for good measure — new digital currencies like bitcoin and ethereum. Essentially, he wrote in his letter to investors that everything is overvalued. On the cryptocurrencies, he went further. He stated several times that […]
Read morePilotless planes could not only be a future method of transport, but an economically-beneficial one too, according to new research by Swiss bank UBS which claims that they could save airlines billions of dollars. “Reducing the intervention of human pilots on aircraft could bring material economic benefits and improve safety,” UBS analysts wrote in a […]
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