CNBC’s Jim Cramer would usually be happy about Netflix’s huge Monday earnings beat, but this time around, he was a little disappointed. “Normally I love it when my favorite stocks surge higher, but today’s 10 percent run in Netflix kind of had me bummed me out,” the “Mad Money” host said. “What makes me upset […]
Read moreUrsula K. Le Guin, the renowned author of the “Earthsea” series, has died at the age of 88. Her more than 20 novels and more than 100 works of short fiction, which won numerous Locus, Hugo, and Nebula awards, expanded the way many people thought about the science fiction and fantasy genres; authors who cite […]
Read moreWhen Practice Fusion, a medical records start-up, sold to AllScripts for $100 million this month, it was a massive disappointment for employees and investors. Only two years earlier, their stock in the company was reportedly worth 15 times the purchase price. Start-ups crash and burn all the time. It’s an inherent risk and one that’s […]
Read moreAmazon’s cloud business has acquired Sqrrl, a cybersecurity start-up that spun out of the National Security Agency. The deal, which Sqrrl confirmed on Tuesday, comes as Amazon Web Services aims to pick up more business from U.S. intelligence agencies. In November AWS announced the formation of a “secret” region of data centers meant to handle […]
Read moreIt used to be an unspoken rule for investors to sell stocks at the first sign of negative news, but sometimes, the rules have to change, CNBC’s Jim Cramer said Tuesday. “This time is indeed different, which means you can’t take your cue from the playbook that worked in more troubled times,” the “Mad Money” […]
Read moreJerome Powell will take the helm as the 16th chairman of the Federal Reserve, after the Senate confirmed him for the position Tuesday. The final vote was 85 to 12 in favor of confirmation. Powell — known more casually as “Jay” — assumes the top Fed position following his nomination by President Donald Trump in […]
Read moreConsumer companies have tried all sorts of campaigns to reconnect with the millennial generation, but the social media infamy of the “Tide Pod Challenge” is not the sort of marketing Procter & Gamble would have liked. Since Dec. 23, “Tide Pod Challenge” has received a total of 435,119 mentions on social media, according to Andy […]
Read moreFacebook is buying Boston-based software company Confirm, which specializes in authenticating government-issued identification cards, a person familiar with the acquisition said on Tuesday. Confirm, which says on its website that it has more than 750 clients, will wind down its operations and its employees will join Facebook in Boston, the source said. Terms of the […]
Read moreApple on Tuesday took the next step toward protecting Mac users from recently disclosed security vulnerabilities that have been shown to affect many kinds of devices. The move brings Apple closer to being on par with Microsoft in terms of deploying protections for older versions of its desktop operating systems. On Tuesday Apple said it […]
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Apple rolled out an update for iPhones and iPads on Tuesday, iOS 11.2.5, which lets you ask Siri to play a variety of news content. It builds on a feature introduced in the last update, iOS 11.2.2, which let you ask Siri to recite the news but was limited to content from select sources. Now […]
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