Apple‘s HomePod smart speaker won’t have all its advertised features when it launches in February. For instance, it won’t support the ability to play the same music across multiple units around the home. That’s a function already offered by Google Home, Sonos and Amazon Echo speakers, all of which compete directly with the HomePod. Apple’s […]
Read moreShares of GoPro fell as much as 7 percent Tuesday after a Morgan Stanley note said the company’s adventure cameras aren’t improving fast enough to keep up with market expectations. “Improvements in camera usability have not been able to sustain demand, and with limited earnings power, we think the market is giving too much credit […]
Read moreThe U.S. will suffer the most if it follows the Donald Trump administration’s plan to adopt an “America First” policy, the president of Colombia said Tuesday. Speaking to CNBC at the World Economic Forum (WEF) in Davos, Switzerland, Juan Manuel Santos said he was a strong believer in free trade. “Protectionism is something that will […]
Read moreA panel of fund managers have given their tips on where to find pockets of value in the market — and what assets investors should avoid. The cryptocurrency bitcoin soon popped up in the discussion. “Frankly, we will never invest ever in cryptocurrencies … For us it’s very clear that bitcoin is a bubble,” Kirill […]
Read moreA Tesla Model S on Autopilot crashed into the back of a fire engine on a California freeway. No injuries were reported in Monday’s crash on Interstate 405 in Culver City in Los Angeles County. The Culver City Firefighters Association Local 1927 union chapter tweeted out a picture of the crash on Monday afternoon. The […]
Read moreHermitage Capital CEO Bill Browder said bitcoin’s usefulness for criminal activity will be the death of it and other cryptocurrencies. “Bitcoin and other cryptocurrencies are a way for bad dictators or criminals to bypass sanctions,” Browder told CNBC’s “Squawk Box” at the Davos World Economic Forum. Browder is well-positioned to comment on government sanctions: A […]
Read moreAs retail is getting personal, shoppers are also adapting to ordering items online with voice technology — no keyboard required. “The way humans interface with computers is changing fast,” eBay Chief Executive Officer Devin Wenig told CNBC Tuesday from the World Economic Forum in Davos, Switzerland. “It’s moving from text to images and voice.” Wenig […]
Read moreBond yields have risen sharply in the past week, sparking fears of trouble in the Treasury market, but one trader sees a buying opportunity. Treasury yields were modestly lower on Tuesday. On Monday, the 2-year Treasury yield hit its highest level since 2008, while the 5- and 10-year Treasury yields hit their highest levels since […]
Read moreApple will launch a new entry-level MacBook during the second half of this year, according to DigiTimes. Currently, Apple’s entry-level laptop computer is the 13-inch MacBook Air. Apple refreshed the components inside the MacBook Air in 2017 — such as the processors — but hasn’t updated other features — like the display — in years. […]
Read moreBrazil expects to see upwards of 3 percent gross domestic product (GDP) growth in 2018, Brazilian Finance Minister Henrique Meirelles told CNBC Tuesday, a figure that flies in the face of the International Monetary Fund’s (IMF) forecast of 1.5 percent. Speaking at the World Economic Forum in Davos, the head policymaker for Latin America’s largest […]
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