Pop singer Beyonce posted the first photo of her twins on Instagram early Friday, getting 1.7 million “likes” in just one hour. “Sir Carter and Rumi 1 month today,” Beyonce said in the description on the social media website. By 7:30 a.m. ET Friday, the post had gained over 5 million “likes,” 5½ hours after […]
Read moreShares of social media firm Snap were downgraded for a second time this week Friday, adding to an already dismal trading week for the stock. Analysts at Cowen lowered their rating to market perform from outperform and cut their price target to $17 a share from $21. John Blackledge, an analyst at Cowen, said the […]
Read moreThe manufacturing arm of a British luxury smartphone maker is to be wound down after a failed buyout bid in the U.K. High Court, according to multiple media reports. Vertu Corporation Limited (VCL) made products for the super-rich that came with hefty price tags. Some Vertu models boasted state of the art technology, superior craftsmanship […]
Read moreSignificant progress could be made on artificial sun technology by 2023 – and it could be used to generate clean energy for China in 50 to 60 years, a senior government nuclear scientist says. Song Yuntao, a lead scientist on the country’s largest fusion energy project, told the official Science and Technology Daily on Thursday […]
Read moreTarget’s surprisingly positive preannouncement may have lifted retail stocks as investors wondered if their fears about the sector were overblown, but Jim Cramer remained skeptical. “While Target’s news flash is certainly good for Target and for its long-suffering shareholders, it’s not necessarily good enough yet to ignite a sustainable rally in the group – and […]
Read moreResearchers at Alphabet subsidiary Google have taught software to create great-looking photos out of panoramas that you can look at in Google Street View. An academic paper published on Wednesday documents the Creatism system, which is just the latest fascinating thing Alphabet is doing with artificial intelligence — alongside Facebook, Google and other tech companies. […]
Read moreAfter the stock of Alder BioPharmaceuticals fell off a cliff, plummeting to just over $12 on Thursday from its $55 peak two years ago, Jim Cramer had to find out what went wrong. The decline was only accelerated on Wednesday when the small-capitalization company announced a huge secondary offering and the stock lost almost 20 […]
Read moreWhen cryptocurrency investors talk of influential work in the space, they often point to an August 2016 blog post titled “Fat Protocols,” written by an analyst at Union Square Ventures. That analyst, Joel Monegro, is now getting out of the traditional venture world to invest solely in crypto assets. Monegro recently left Union Square to […]
Read moreI know it’s fun to speculate on the various CEO candidates who might take over at Uber. And that’s what many in the media have been doing since its leader Travis Kalanick was jettisoned in a shareholder pique last month, often quite breathlessly. And more often inaccurately. So I checked, since someone had to. Will […]
Read moreInternet television company Roku has hired investment banks to lead an initial public offering that could come later this year as it aims for a valuation of more than $1 billion, sources familiar with the matter said. An IPO will test investor’s reception to Roku, the brainchild of digital video recorder (DVR) inventor Anthony Wood […]
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