Stocks turned positive Tuesday in part because investors hope Hurricane Harvey could unite Congress on its budget, closely followed trader Art Cashin told CNBC. “I don’t want to call it a silver lining given the tragedy of what’s going on in Texas but there may be a little bit of bonus in the fact that […]
Read moreLast Tuesday, California state Senator Hannah-Beth Jackson introduced a bill that will amend the California civil code to tackle an on-going pattern of sexist conduct in Silicon Valley — specifically the sexual harassment in the venture capitalist-entrepreneur context. The bill is a direct reaction to a story published in June in which two dozen women […]
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“A LEADER is a dealer in hope,” said Napoleon Bonaparte. For much of this year Uber, the ride-hailing firm, has lacked both leadership and optimism. But on August 27th news leaked that Uber had poached as its new chief executive Dara Khosrowshahi, the boss of Expedia, an online-travel company. Mr Khosrowshahi is seen as both […]
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Apple shares hit an all-time high on Tuesday after research firm IDC released bullish estimates for the widely anticipated new iPhone. IDC said it expects iPhone shipments to increase 9.1 percent in 2018 after the new iPhone 8, 7S and 7S Plus models are released. This would be the biggest iPhone shipment growth since 2015, […]
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Criminals are dropping bitcoin in favor of other digital currencies that are harder for law enforcement to use in tracking activities in an anonymous corner of the internet known as the dark web, analysts said. Although hard numbers on criminal activity in digital currencies are difficult to pin down, Shone Anstey, co-founder and president of […]
Read moreFor the last 12 years, YouTube’s logo has been a pair of anachronisms wrapped inside each other. “We have the word tube in a tube,” says Christopher Bettig, the head of YouTube’s art department. “This is weird. No one know what this is.” Tube is slang for a television set, which used to be powered […]
Read moreFinish Line has trimmed its profit outlook for the full year amid disappointing sales volume, sending its stock plunging more than 28 percent Tuesday morning. Just earlier this month, the CEO of rival Dick’s Sporting Goods said that his sector of retail was in “panic mode.” The remarks immediately sent shock waves across the broader […]
Read moreSteve Jobs and Bill Gates‘ rivalrous friendship is the stuff of tech lore. The most poignant moment of that fraught relationship happened 20 years ago. In August of 1997, Gates stepped in and saved Apple, which, at the time, was on the brink of bankruptcy. “Bill, thank you. The world’s a better place,” Jobs told […]
Read moreApple and professional services company Accenture said Tuesday they will team up to help businesses build better applications for iOS, the operating system that powers Apple’s iPhone and iPad. Accenture helps large companies write new software and adopt new technology. The company will create special teams dedicated to helping its customers, which include banks and […]
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Analyzing the large amounts of data created by internet-connected devices will be a huge market in the coming decades, according to a top Wall Street firm. Bank of America Merrill Lynch says the artificial intelligence and so-called “big data” analysis trends will also have dramatic ramifications for business and markets. “We are living in an […]
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