Asian markets looked set to track stateside gains on Friday after the Dow Jones industrial average hit a major milestone. Markets in the region had traded at or around multi-year highs in the prior session, with Japan’s benchmark index hitting a 26-year high and the Hang Seng Index touching a decade-high. Major U.S. indexes climbed […]
Read moreOn a strong day for markets in which the Dow Jones industrial average crossed the 25,000 mark, CNBC’s Jim Cramer wanted to check in on what exactly is driving this “beast market.” “You get a market in beast mode like this one, you’ve got to feed the beast. And you can’t give it the same […]
Read moreApple executive Jimmy Iovine — a longstanding link between Apple and the music industry — could leave his role at Apple Music this year, a Billboard report says. Unnamed sources told Billboard, as well as industry blog Hits Daily Double, that Iovine’s departure might be timed around the vesting of his stake in Apple in […]
Read moreApple set a new record for App Store sales on New Year’s Day, thanks to a 25 percent increase from the same day a year earlier. Consumers spent $300 million on apps on Jan. 1, the most for a single day since the App Store launched in 2008. It marked the end to a booming […]
Read moreFacebook CEO Mark Zuckerberg expressed his interested in crypto currency and its potential uses in his 2018 mission statement, issued on Thursday. The statement was all about how Zuckerberg is taking on a new personal challenge for 2018: fixing Facebook. (Last year’s challenge was visiting all the states he’d never been to and meet people […]
Read moreFederal Communications Commission Chairman Ajit Pai canceled his scheduled appearance at a major upcoming tech industry trade show after receiving death threats, two agency sources told Recode on Thursday. It’s the second known incident in which Pai’s safety may have been at risk, after a bomb threat abruptly forced the chairman to halt his controversial […]
Read moreHere’s a story that bucks the idea that the tech industry is selfish and myopic: A technology start-up raised more than $20 million this week to help low-income Americans, including the elderly and the homeless, access basic health services. Cityblock Health, which spun out of Alphabet’s urban innovation unit, Sidewalk Labs, will use its funds […]
Read moreHP is voluntarily recalling certain laptop batteries that can overheat and become a burn hazard, regulators said on Thursday. The specific laptops sold over the last two years (from December 2015 through December 2017) that are affected are: HP Probook 64x (G2 and G3) HP ProBook 65x (G2 and G3) HP x360 310 G2 HP […]
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A digital coin worth about a dime a day ago has doubled in price, briefly climbing into eighth place among cryptocurrencies by market capitalization. Tron climbed 112 percent Thursday to 20.5 cents, according to CoinMarketCap. The website showed that tron’s latest gains gave the coin a market cap of $13.5 billion, greater than that of […]
Read moreFollowing Intel’s disclosure that many of its chips have been vulnerable to hackers, the company said on Thursday that it’s been rolling out updates for most processors introduced in the past five years, with more on the way. “Intel has already issued updates for the majority of processor products introduced within the past five years,” […]
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