The Supreme Court last week ruled that pulling cellular site records from a wireless carrier requires law enforcement to obtain a warrant, a potentially far-reaching decision for the telecom industry, In ruling 5-4 on the side of Timothy Carpenter, who was convicted in 2013 of robbing Radio Shack and T-Mobile stores, the court determined that […]
Read moreApple just launched the public preview of iOS 12. That means you can now try the new software features that are coming to iPhones and iPads this fall. The public preview is a way for Apple customers to try new software that’s relatively stable but which might still have bugs and other issues. That means […]
Read moreInitial public offerings are a dying breed, a phenomenon that has attracted recent attention, especially given the fire hose of emerging tech-related start-ups, The real losers are ordinary investors. For decades, individuals have participated in the fastest growth segments of the economy by making stock investments through their pension plans, 401(k) accounts and mutual funds. […]
Read moreTop venture capital firm Andreessen Horowitz is doubling down on crypto, even as bitcoin and other cryptocurrencies have struggled to find footing this year. The firm raised $300 million for its first-ever fund dedicated to crypto companies, Andreessen Horowitz announced Monday. Over two to three years, it plans to put that money in everything from […]
Read moreWhen Ruhi Sarikaya, Amazon’s director of applied science, spoke at the World Wide Web conference in April, an Echo device on stage introduced him as the person “building my brain.” Then it shared a fun fact about his previous job: he founded a key group within Microsoft’s Cortana voice-assistant team. “His group has built language […]
Read moreShares of small-cap Cirrus Logic bucked the downward trend in semiconductor stocks Monday, rallying more than 3 percent after an analyst speculated the company’s chips will be used in the second generation of Apple’s AirPods. “The device is expected to incorporate active noise cancellation powered by Cirrus Logic,” Susquehanna analyst Christopher Rolland wrote in a […]
Read moreJack Ma’s Ant Financial is betting on blockchain but the Chinese billionaire warned against the technology’s first and most popular use case: Bitcoin. The financial-technology affiliate of e-commerce giant Alibaba launched a joint venture in Hong Kong Monday that uses blockchain for a cross-border remittance service. At the launch event hosted by Ant Financial, Ma […]
Read moreShares of Netflix were on pace for the stock’s worst day in nearly two years Monday, as some of the year’s best-performing tech stocks tumbled. Netflix fell as much as 7 percent — its biggest drop since July 2016 — to a session low of $381.50. The stock closed Friday above $411 after gaining nearly […]
Read moreCarnival shares dropped Monday after the company cut its full-year guidance, citing increased fuel costs and unfavorable currency exchange rates. Shares were down as much as 10 percent after the cruise line operator cut its full-year earnings outlook to a range between $4.15 and $4.25 from a range between $4.20 and $4.40 earnings. The Miami-based […]
Read moreDespite jangled nerves over the increasing potential for a global trade war, domestic stocks are outperforming their global counterparts, suggesting the U.S. has the least to lose should the conflict escalate. As major U.S. indexes notched losses of 1 percent or better Monday, others around the world got slammed as well. The Hang Seng in […]
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