Forget swiping a credit card or badge to buy food at work. One Wisconsin-based tech firm is offering to install rice-size microchips in its employees’ hands. Three Square Market will be the first firm in the U.S. to use the device, which was approved by the FDA in 2004, CEO Todd Westby told CNBC on […]
Read more
During one of the most jam-packed weeks of earnings season, Jim Cramer expects the stock market’s fluctuations to continue as companies’ quarterly results roll in. “The distortions caused by all these earnings coming at once are immense, so, if you’re listening to me, CFOs and CEOs, please, you need to rethink when you report. You […]
Read moreFacebook has acquired a startup to help it crack down on users who share pirated videos and other content without permission. Source3 builds technology to detect intellectual property that has been shared by internet users without permission. Facebook is acquiring both the technology and at least some of the team behind Source3, which announced the […]
Read moreThe U.S. Commodity Futures Trading Commission announced Monday it unanimously approved digital currency trading platform LedgerX for clearing derivatives. LedgerX initially plans to clear bitcoin options, the release said. “Participants in the LedgerX venue will be able to obtain and hedge bitcoin and other digital currencies using exchange-traded and centrally-cleared options contracts,” stated a release […]
Read more
Strategist David Rosenberg named demographics the single most important factor for financial analysts and investors to monitor over the next decade. “If it’s all about ‘follow the money,'” wrote Gluskin Sheff’s Rosenberg, “then it is ‘follow the boomers.'” “Nothing is more important than this if you are looking at what will fundamentally influence the financial […]
Read moreAlphabet reported a drop in second-quarter profit thanks to a $2.74 billion fine European antitrust regulators slapped on its Google unit. Shares are off almost 3% in after hours trading. Here are the numbers: EPS: $5.01 versus $4.49 expected Revenue: $26.01 billion, up from $21.5 billion a year ago Paid clicks: +52% from a year […]
Read moreThe Roomba robotic vacuum has been whizzing across floors for years, but its future may lie more in collecting data than dirt. That data is of the spatial variety: The dimensions of a room as well as distances between sofas, tables, lamps and other home furnishings. To a tech industry eager to push “smart” homes […]
Read moreVideo game stocks have crushed the market this year and a top Wall Street firm predicts the sector’s strong performance will continue. Credit Suisse shared its best interactive entertainment picks going into earnings season in a note to clients Monday. Analyst Stephen Ju shared why he is still bullish on the sector long term: “With […]
Read moreMark Zuckerberg is 33 years old, worth almost $70 billion, according to Forbes, and is running one of the largest, most influential tech companies in the world. Why and how is he so successful? Luck has a lot to do with it, he says. “You don’t get to be successful like this just by being […]
Read moreJobs at tech companies like Google, Amazon and Facebook are the most sought-after roles around. But what type of employees are these companies looking to for? Data analysis site Paysa looked at over 8,200 job posting and over 70,000 resumes at tech companies worth $10 billion or more to find what roles they are hiring […]
Read more