CNBC’s Jim Cramer will forever remain a fan of diversification, which he calls “the only free lunch” in the business of investing, because of days like Wednesday. “Days like this one show you why I find it so worrisome that stocks within the same sector often trade in tandem, in unison. We just don’t know […]
Read moreCompanies are often ready to pay top dollar for the best and the brightest employees. But what happens when a talented candidate isn’t a fit with a company’s culture? The best way forward is to say no to them — even if those decisions are extremely difficult to make, according to the co-founder of Southeast […]
Read moreThe rotation out of tech stocks on Wednesday isn’t necessarily the start of a trend yet, but investors need to be cautious, two experts warned. The Nasdaq dropped 1.3 percent on Wednesday, while the Dow Jones industrial average closed at an all-time high. Shares of Facebook, Netflix and Alphabet all fell. Financials, on the other […]
Read moreNokia is in talks to buy Juniper Networks, sources told CNBC, a technology deal that would marry a multibillion-dollar networking company with Nokia’s infrastructure resources. The offer would value Juniper at around $16 billion, one of the sources said, above its market capitalization of around $11.12 billion at Wednesday’s close. Shares of Juniper rose more […]
Read moreFacebook CEO Mark Zuckerberg said the company will stop levying fees on donations to charitable organizations made via its service, though fees on some personal fundraisers will remain. “Now 100 percent of the money people donate on Facebook is going to go to the causes they care about,” Zuckerberg said at the company’s Social Good […]
Read moreUber’s top lawyer on Wednesday denied an allegation by an ex-employee that the company deliberately used secret messaging systems in an effort to hide the theft of trade secrets — and that the allegation was part of an effort to extort money from Uber. Angela Padilla, deputy general counsel at the company, said in court […]
Read moreThe gaming industry is buzzing over the viability of publishers’ in-game money-making practice or so-called micro-transactions. Activision Blizzard, Electronic Arts and Take-Two shares all fell 4.8 percent, 2.7 percent and 3.9 percent, respectively, Wednesday as investor concerns mount on the issue. Wedbush analyst Michael Pachter believes industry behavior will be change following the gaming community […]
Read moreIn December, SpaceX will again send cargo to the International Space Station — but this time, it will use a Falcon 9 rocket that has already flown to space and back. NASA officially confirmed the decision today during a meeting, noting that SpaceX’s upcoming resupply mission will fly on a Falcon 9 that already launched […]
Read moreBitcoin enthusiasts have a lot of growth to celebrate. Not only is the digital currency surging, but related businesses are booming. Coinbase is the leading U.S. platform for buying and selling bitcoin. For the company’s GDAX exchange, average daily trading volume has increased 10 times this year, and 30 times over the last two years, […]
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While Snapchat does have valuable news from well-established media companies, including coverage of international conflicts, refugees, live coverage from natural disasters and more, it also features clickbait headlines under the Discover tab that are the very opposite of hard-hitting journalism. Some sample headlines that were front and center when I opened Snapchat this morning: “Do […]
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