INDEX funds were devised in the 1970s as a way of giving investors cheap, diversified portfolios. But they have only become very popular in the past decade. Last year more money flowed into “passive” funds (those tracking a benchmark like the S&P 500) than into “active” funds that try to pick the best stocks. In […]
Read moreTech entrepreneur Rob Glaser was unwittingly embroiled in the national political discourse this week, when a conversation between WikiLeaks and the president’s son was published by The Atlantic. Glaser told CNBC that he didn’t know he was personally being discussed or scrutinized by WikiLeaks or Donald Trump Jr., but he said, “I’m not shocked.” WikiLeaks […]
Read moreAn early Facebook and Google investor said that revelations of Russian propaganda during the election have elevated his concerns about the personal data collected by Facebook and Google. About 150 million Americans came in contact with divisive content or advertisements from ingenuine Russian-based accounts, according to Facebook. Russian state actors are also suspected of trying […]
Read moreWhile many of its peers are giving up on General Electric, Bank of America Merrill Lynch still recommends the industrial giant’s stock. We are “sticking with a buy despite a disappointing outlook,” analyst Andrew Obin wrote in a note to clients Tuesday. “We believe that GE has significant cost cutting opportunities under the new leadership. […]
Read moreAfter a tumultuous year that saw a major sexism scandal and founder Travis Kalanick resign as CEO, Uber released new “cultural norms” last week. Media mogul Arianna Huffington, who joined the ride-sharing service’s board of directors in 2016, thinks it’s a step in the right direction. Huffington has spearheaded efforts to revamp Uber’s image, pushing […]
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GE shares broke below $18 for the first time since December 2011 on Tuesday, as the stock’s electric slide continued for the second-straight session. The ailing behemoth saw its shares slide as much as 7 percent on Monday, for its worst trading day since 2009, following a dividend cut and a weak 2018 forecast released […]
Read moreItalian Finance Minister Pier Carlo Padoan is confident that measures implemented by his government to strengthen a fragile banking sector will deliver dividends, based on a declining debt forecast and a number of government reforms. The country, whose banking system has been embattled with non-performing loans (NPLs) amounting to more than 300 billion euros ($353.8 […]
Read moreChatbots are used for a variety of tasks: ordering pizza, getting product suggestions via Facebook Messenger and receiving online customer support. But can they cope with death? A three-year clinical study with financial backing of more than $1 million from the National Institutes of Health is exploring whether a chatbot can help terminally ill, geriatric […]
Read moreThe way Stratim Founder and CEO Sean Behr sees the future, car-sharing and autonomous-drive vehicles will fill the roads as more people turn to someone else’s car to get around. The big year he’s focused on is 2019. “We believe by then, that a good number of autonomous services will be available in a number […]
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GrabIt — GrabIt makes robots that use static cling, a.k.a. electro-adhesion, to lift a wide variety of items, such as layers of leather, fabric, glass windshields and easily-bruised apples. Electro-adhesion allows the robots to handle items that other grippers can’t manage during high-speed, high-volume production in factories, or picking and packing in fulfillment centers. The […]
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