Microsoft plans to announce on Tuesday a new campaign to try to “eliminate” the gap in high-speed internet access in the country’s hardest-to-reach areas — an effort called the Rural Airband Initiative, which will set an ambitious target of bringing better broadband to two million Americans within the next five years. The Redmond, Wash.-based software […]
Read moreThe Trump administration said it would delay, and probably eliminate down the line, a federal rule that would have let foreign entrepreneurs come to the United States to start companies. The decision, announced by the federal government on Monday ahead of its official publication on Tuesday, was quickly slammed by business leaders and organizations, especially […]
Read moreRetailing is dead. Sales clerks are losing their jobs by the thousands. The employment picture for young people with only a high school education is going to get even worse. And all this is happening because of Amazon and its ilk, which are driving the shift among consumers toward e-commerce. We’ve heard this story over […]
Read moreThe 32-year-old chief executive of defunct Mt. Gox pleaded not guilty on Tuesday to charges relating to the loss of hundreds of millions of dollars worth of bitcoins and cash from what was once the world’s biggest bitcoin exchange. French national Mark Karpeles filed the plea in response to charges of embezzlement and data manipulation […]
Read moreAmerican technology companies are bringing automation and robotics to the age-old task of battling mosquitoes in a bid to halt the spread of Zika and other mosquito-borne maladies worldwide. Firms including Microsoft Corp and California life sciences company Verily are forming partnerships with public health officials in several U.S. states to test new high-tech tools. […]
Read moreIsraeli pension funds are expected to get a waiver that will allow them to invest in four new high-tech funds for which the government issued new tenders this week. The new mutual funds, issued on Sunday and meant for both private and institutional investors, are to be traded on the Tel Aviv Stock Exchange, TASE. […]
Read moreAs goes Silicon Valley, so goes millennials’ money. The top five holdings for young adults are all tech stocks, and none are dividend-yielding stocks sought by the general investing population, according to a report from TD Ameritrade. Millennials’ top stock, Apple, is the world’s most valuable company, reaching a market capitalization of more than $800 […]
Read moreWhen asked about toy company Mattel in the lightning round, Jim Cramer had to make the point that when it comes to toys, one company is the all-around winner. “No, Hasbro,” the “Mad Money” host said. “Hasbro. [CEO Brian] Goldner has been on the show many times, and I still like Hasbro, even up here, […]
Read moreAmazon Prime Day begins at 9 p.m. ET Monday, and Jim Cramer has little doubt that the event will exceed even Wall Street’s grandiose expectations. “The consensus here is that this makeshift holiday will produce gains of up to 20 percent year over year, new benchmark, which would make it a day that will live […]
Read moreWith top analysts turning bearish on the stock market amid concerns about lofty valuations and rising rates, Jim Cramer felt the need to right the record for the bulls’ sake. “I want to address this reluctance to believe in the bull head-on by going over the top 10 reasons why investors always seem to have […]
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