Facebook’s head of news partnerships, Campbell Brown, said at a industry conference in New York that the social networking giant will launch a subscription-based news product later this year, according to a report from The Street. The Street said the feature is set to be built on top of Facebook’s “Instant Articles,” which aggregate stories […]
Read moreIntel has axed the division that worked on health wearables, including fitness trackers, according to a person familiar with the matter. The company has been slowly de-emphasizing its own line of wearables for the past several years, and has not mentioned wearables on its earnings calls since 2014. In November, TechCrunch reported that the company […]
Read moreSenior U.S. and Chinese officials on Wednesday U.S.-time failed to agree on major steps needed from Beijing to help reduce the U.S. trade deficit with China during an annual economic dialogue meeting, a Trump administration official said. The official, who was not authorized to speak publicly on the talks and requested anonymity, said that the […]
Read moreWhen a caller asked Jim Cramer for his thoughts on the fate of Snap Inc., he did not hesitate to give the social media company a dooming prognosis. “Snap is the No. 1 reason why you want to own Facebook, because we thought that Instagram would be challenged by Snap. It turns out that’s not […]
Read moreAhead of Microsoft‘s quarterly earnings report due out on Thursday after the market close, one macro strategist is marking the stock as a buy. The legacy technology company has seen a strong long-term trend, said Boris Schlossberg, managing director of foreign exchange strategy at BK Asset Management. Even if Microsoft sees a short-term decline here, […]
Read moreInvestors may worry about what is causing the stock market’s monster rally, but Jim Cramer insists that it is all about boring stocks like financial technology player Equifax. Shares of Equifax, one of the country’s three biggest credit reporting agencies, have been on fire, rallying almost 20 percent in 2017 and far outpacing the S&P […]
Read moreThousands watch as they laugh over odd-shaped swimsuits, pack school lunches, and roll their eyes over sticky fingers and crying children. Jen Smedley and Kristin Hensley, the stars of web series IMomSoHard, have gone viral by poking fun at the struggles of motherhood. With a Facebook page that has more than 1 million likes, the […]
Read moreDespite various investing outlets inciting fear in the stock market about “single-stock risk,” Jim Cramer has seen average investors coming out of the woodwork to buy strong individual stocks. “I know there are tons of statistics showing an almost inexorable decline in interest in the stock market as a whole,” the “Mad Money” host said. […]
Read moreSome well-known names in the financial industry are buying bitcoin, and more could come. First, investing legend Bill Miller put 1 percent of his net worth into bitcoin in 2014, according to a Forbes report Tuesday. The digital currency is one of the top holdings in Miller’s $120 million hedge fund, the article said. Reflecting […]
Read moreQualcomm is confident it has the upper hand in its legal battle with Apple, which began with a $1 billion royalty dispute in January. The San Diego-based company revealed its optimism in its third-quarter earnings report on Wednesday. “We believe that we hold the high ground with regard to the dispute with Apple, and we […]
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