Unlimited data plans are slowing down mobile speeds for Verizon and AT&T customers, according to data released today by mobile network measurement company OpenSignal. Verizon and AT&T reinstated their unlimited plans in February to compete with T-Mobile and Sprint, which have long offered unlimited data plans, and have since seen a deluge of demand. Greater […]
Read moreShares of Snap fell again on Wednesday, amid a myriad of market jitters that have mounted since the company’s March IPO. Instagram said on Wednesday that users under 25 spend more than 32 minutes a day on Instagram, demonstrating its success with an age group that Snap also targets. Snap released similar data at the […]
Read moreAnalysts at JPMorgan initiated coverage of Apple supplier Jabil Circuit at overweight, forecasting added gains ahead of the iPhone 8’s so-called super cycle. Jabil supplies Apple with the plastic and metal encasements used to house iPhones and iPads. After Apple beat Wall Street expectations on both the top and bottom line Tuesday evening, shares of […]
Read more“Game of Thrones” spoilers may now be the least of HBO’s worries this season. A coordinated cyberattack on July 27 saw hackers walk away with one-and-a-half terabytes of HBO data, a publication reported, which included video footage, internal documents and email correspondence. Insiders at HBO now fear the lack of motive or ransom demand may […]
Read moreThere’s something everybody is forgetting about the iPhone 8: It’s not just about the hardware. Check most analyst notes over the past several months and you’ll find discussions about bright and colorful new OLED screens that are coming to the high-end iPhone 8. Or you’ll read about new 3D sensors that can detect a user’s […]
Read moreThe Federal Reserve‘s looming attempt to shrink its mammoth portfolio of bonds comes with an ugly track record: Virtually every time the central bank has tried it in the past, recessions have followed. Over the past several months, the Fed has prepared markets for the upcoming effort to reduce the $4.5 trillion it currently holds […]
Read moreAs a college student at the University of Mount Union in Alliance, Ohio, Megan McMinn studied biology, hoping to one day become a physician’s assistant. But a desire to interact even more with patients led her down a different path in genetic counseling. “What genetic counseling gave me was a good split between patient care […]
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If bitcoin does not prove its worth as a usable currency, its massive price surge is a “dangerous” game, according to one respected finance professor. “If you don’t believe that bitcoin will ever acquire wide acceptance in transactions, it is time that you were honest with yourself and recognized that is just a lucrative, but […]
Read morePapa John’s tepid second-quarter earnings report on Tuesday wasn’t enough to deter shareholders on Wednesday. Shares of the company spiked 12.5 percent after the company said that it was raising its leverage over the next 12 months and would be repurchasing $500 million in shares. “The stock is likely to react favorably when Wednesday’s trading […]
Read moreTesla is expected to release its second-quarter earnings report after the market closes on Wednesday, days after it delivered its first batch of highly anticipated Model 3 sedans. Here is what analysts expect: Adjusted loss per share: $1.82 expected, according to a Thomson Reuters survey Revenue: $2.51 billion, expected, analysts told Thomson Reuters Analysts expect […]
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