Investors are eagerly awaiting another “connect” program that will allow them to invest in the Chinese market as exchange-traded funds become the next product to join the party, a China stocks expert said Tuesday. Following launches of the Shanghai– and Shenzhen-Hong Kong Connect programs in the last few years, Chinese regulators now have plans for […]
Read moreIntel CEO Brian Krzanich said Monday the chip maker expects to issue updates to all of its processors released in the last five years before the end of January. The announcement followed the disclosure of massive security vulnerabilities last week that affect Intel chips. “For our processors, products, introduced in the past five years, Intel […]
Read moreChinese education start-up Liulishuo has developed what it calls the world’s first artificial intelligence English teacher. After years spent gathering data on Chinese people speaking English, the firm employed deep learning to create personalized English courses powered by AI. Available on the firm’s mobile app, the courses were launched in 2016 and boast around 50 […]
Read moreNorth and South Korea kicked off their first formal talks in more than two years on Tuesday, brought together by sport to discuss how the North’s athletes can attend next month’s Winter Olympics in the South despite simmering fears of conflict. Regardless of its narrow, primarily sporting agenda, the meeting is being closely watched by […]
Read moreTwo U.S. companies shelved proposals to launch bitcoin exchange-traded funds, citing ongoing concerns by the Securities and Exchange Commission (SEC), filings showed on Monday. Staff at the regulatory agency “expressed concerns regarding the liquidity and valuation” of futures contracts based on the digital asset, according to one of the filings. The move adds a new […]
Read moreFacebook said that Chinese smartphone maker Xiaomi will make the hardware for the upcoming Oculus Go virtual-reality headset. “Xiaomi is our hardware partner for launching Oculus Go globally,” Hugo Barra, a former Xiaomi executive who was hired by Facebook a year ago, said on Monday. Xiaomi is also building a product called the Mi VR […]
Read moreGoogle typically keeps a low profile at CES. Not this year. As techies swarm Las Vegas for the annual Consumer Electronics Show, the world’s biggest internet company is squarely out to capture their attention. It’s created a giant “playground” in the parking lot of one of the convention centers, complete with a slide and a […]
Read moreAs the stock market resumed its march higher on Monday, CNBC’s Jim Cramer pinpointed the main drivers fueling the monstrous rally. “First, let’s understand: this market is largely driven not by stock-pickers, but by index funds,” the “Mad Money” host said. “That index fund money comes in automatically, every day, over the transom. Billions of […]
Read moreSamsung Electronics on Tuesday said it was expecting record operating profit of about 15.1 trillion Korean won (about $14.13 billion) for the December quarter. That number fell short of a Reuters average forecast of 15.9 trillion won in operating profit, but it was likely up 64 percent from a year ago. Samsung also said its […]
Read moreWall Street closed mostly higher ahead of Asia’s Tuesday trading day in a somewhat quiet session that saw the euro slide. U.S. stocks closed mixed on Monday. With no major data released stateside overnight, investors there looked to quarterly earnings releases due at the end of the week. Several major U.S. banks, including J.P. Morgan […]
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