It’s easy to call the market “crazy” or “irrational” in the face of an unexpected sell-off like the one that happened in the technology stocks this week, CNBC’s Jim Cramer said on Thursday. “But the market’s not crazy, nor is it irrational,” the “Mad Money” host said. “In reality, traders tend to make wild over-generalizations. […]
Read moreThe U.S. Food and Drug Administration just released its guidance on a category of software called “clinical decision support,” which is designed to help doctors make more data-driven decisions about patient care. It sounds wonky, but companies for years have been begging for clarity on whether this type of software is regulated — or it […]
Read moreEmployers are expected to have added about 200,000 jobs in November and wage growth was seen as strong, two trends reinforcing that the Federal Reserve will raise rates when it meets next week. The employment report, expected at 8:30 a.m. ET, is expected to show the unemployment rate held at 4.1 percent, and average hourly […]
Read moreAdvocates on both sides of the net neutrality debate are calling out Google for apparent hypocrisy this week after it blocked YouTube from working on Amazon’s FireTV product. People who watch a lot of YouTube videos through their Amazon streaming devices got a nasty surprise Tuesday when YouTube announced it would cut its video service […]
Read moreDespite Facebook’s $2 billion bet on Oculus and virtual reality products from Samsung, Sony and Google, VR hasn’t gone mainstream. But the founder of HTC’s Vive headset business is more bullish than ever. Phil Chen left HTC in 2015 and is now a partner at Li Ka-Shing’s Horizons Ventures and the co-founder of a VR-focused […]
Read moreDidi Chuxing, China’s ride-hailing behemoth, plans to expand into Mexico next year, intensifying its global rivalry with Uber, according to two sources familiar with the plans. Didi has spoken before of global ambitions, but has not formally announced where or when it would expand. The Chinese company is the second-most highly valued, venture-backed private firm […]
Read morePresident Donald Trump sought a billionaire investor’s advice twice on whether he considered Amazon a monopoly during a dinner this summer, weeks before federal regulators signed off on the e-commerce giant’s acquisition of Whole Foods Market. Leon Cooperman, a former partner at Goldman Sachs who runs the hedge fund Omega Advisors, said Thursday he attended […]
Read more
Affinity Photo is a full-fledged photo editing tool — you can think of it like Photoshop for the iPad if you haven’t used it before — that works really well. Apple used demos of it when it was showing press the capabilities of its new 10.5-inch iPad Pro. I bought it and liked that I […]
Read moreThe Chinese are much more positive about autonomous vehicles than Americans, according to a new report from Ford. In fact, citizens of India and Brazil — two other large, developing countries — also appear to be considerably more hopeful about a future with self-driving cars than those from more developed nations, such as the U.S., […]
Read moreA lot of people are talking about cryptocurrencies these days, probably because they’ve gone so much higher this year. The most important thing to remind ourselves is that anything to do with bitcoin or ethereum right now is pure speculation. Prices are rising because there is a finite supply and people are betting that other […]
Read more