Apple‘s health boss, Anil Sethi, has left the company to start venture focusing on helping very sick patients after his sister died from cancer. Sethi’s medical record start-up Gliimpse was acquired by Apple in August 2016, with Sethi named director of the health team. Sethi also worked at Apple as an engineer in the late […]
Read moreThe iPhone X is pricey with a $999 starting price, but LG’s new Signature Edition smartphone costs $1,800. LG announced the device this morning, which is based on the LG V30 flagship device and will be sold locally in South Korea for 2 million won, according to The Verge. It’s made out of ceramic, a […]
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Stronger business travel in 2018 will likely mean higher profits for hotels, airlines and car rental providers, but online travel company Expedia won’t be in on the windfall. Growth concerns have dogged Expedia throughout the year, and MKM Partners analyst Christopher Agnew says these worries aren’t likely to resolve themselves soon. Shares of Expedia fell […]
Read moreA new report from Nikkei suggests Apple will manufacture three new iPhones next year, including a new larger 6.3-inch iPhone with an OLED screen. Apple’s $999 iPhone X switched from a traditional LCD panel to a more premium OLED screen, which is more colorful, brighter and energy efficient. Apple continued to use LCD panels on […]
Read moreReal estate technology firm Compass announced on Thursday it’s getting an investment of $450 million from the SoftBank Vision Fund. The infusion from the $93 billion venture vehicle — whose backers include the Japanese conglomerate SoftBank and Saudi Arabia’s sovereign wealth fund — brings Compass’ total capital raise to $775 million. Other Compass investors include […]
Read moreInstagram is testing a standalone app for private messages called Direct, a first step toward possibly toward removing messaging features from the core app. Direct, which opens to the camera in the same way Snapchat does, will become available on Android and iOS today in six countries: Chile, Israel, Italy, Portugal, Turkey, and Uruguay. If […]
Read moreA senior U.S. official has cast doubt over whether U.S. athletes will able to compete at the 2018 Winter Olympics in South Korea amid heightened tensions with the North. U.S. Ambassador to the United Nations, Nikki Haley, said the prospect of U.S. athletes participating in February was an “open question.” When asked by Fox News […]
Read moreCheck out which companies are making headlines before the bell: Shake Shack — The fast casual chain got a positive bump from Morgan Stanley, which raised its rating on the stock to “equal weight” from “underweight.” Shake Shack new store openings have consistently outperformed, the firm wrote in a note, and this next year should […]
Read moreA correction hasn’t shaken the historic market rally yet, but Wall Street legend Byron Wien says it’s “definitely” coming. “A 10 percent correction could come along at any time, and particularly when the market has done as well as it’s done. I mean basically it’s gone straight up since Donald Trump was elected,” Wien warned […]
Read moreChipmakers focused on artificial intelligence are in a race to get their hardware out the door, a theme that’s on full display this week at a major industry event in Southern California. A little-known start-up called Wave Computing shared exhibit floor space with tech giants including Google and Microsoft at the 31st annual Neural Information […]
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