Google deleted 60 kid-themed apps from its Google Play app store after security firm Check Point found that they contained malware that could display pornographic content, trick users into installing fake “security apps,” or induce them to sign up for premium SMS services. Using Google Play store estimates, Check Point found that the 60 games, […]
Read moreRick Wilking | Reuters Jensen Huang, CEO of Nvidia, shows the Drive Pegasus robotaxi AI computer at his keynote address at CES in Las Vegas, January 7, 2018. Nvidia and competitors AMD, Intel and Qualcomm all unveiled new chip technology at CES this week. But Nvidia’s was most focused on the emerging market for self-driving […]
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Kohl’s stock rallied in premarket trading Friday after two Wall Street banks upgraded the company’s shares. Both J.P. Morgan and RBC Capital Markets cited Kohl’s improving same-stores sales (i.e., comp sales) in raising their ratings on the apparel department store. “We see Kohl’s as a rare large cap ‘value’ idea in consumer with its $75,000 […]
Read moreSaks Fifth Avenue isn’t intimidated by the emergence of artificial intelligence and consumer preferences shifting to online retail, the luxury department store’s president told CNBC on Friday. “When you think about the online versus the offline experience, we don’t need AI in our stores. We have ‘I,'” said Marc Metrick, president of Saks. “We have […]
Read moreVenture capital firm DFJ is apologizing for an event hosted by founder Steve Jurvetson, further highlighting how the personal allegations against him ultimately forced him out of his job. Jurvetson hosted a party at his home that reportedly featured rampant sex and drug use following a DFJ event, according to a forthcoming book from Bloomberg […]
Read moreIt’s fair to say that digitalization has shaken up industries across the globe as of late. The technological age brings both advantages and disadvantages, whether that is concerns over automation or the shift of consumer spending to different sectors — it’s a movement that’s keeping business leaders on their toes. Chief executive of cosmetics giant […]
Read moreU.S. retail sales increased in December as households bought a range of goods and figures for the prior month were revised higher, suggesting the economy exited 2017 with strong momentum. The Commerce Department said on Friday that retail sales rose 0.4 percent last month. Data for November was revised to show sales gaining 0.9 percent […]
Read moreIn 2018, investors can expect another year of respectable economic growth, higher corporate profits, and rising equity markets. But there are rising risks. To help investors negotiate the shifting investment landscape we offer our portfolio tips for the coming year: Navigating the end of easy money: The last quarter of 2018 will be the first […]
Read moreThe same Russian government-aligned hackers who penetrated the Democratic Party have spent the past few months laying the groundwork for an espionage campaign against the U.S. Senate, a cybersecurity firm said Friday. The revelation suggests the group often nicknamed Fancy Bear, whose hacking campaign scrambled the 2016 U.S. electoral contest, is still busy trying to […]
Read moreJ.P. Morgan Chase on Friday revealed it took a huge loss from a trading-related loan to a single client in the fourth quarter. “Equity markets revenue was flat compared to a strong prior year and included the impact of a mark-to-market loss of $143 million on a margin loan to a single client,” the company […]
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