Abbie has enjoyed a brilliant start to her new job as a junior fund manager at AllianceBernstein, a $500bn investment group in New York. In her first three months she has handled thousands of bond trades worth nearly $19bn, never complaining, messing up or even taking a break. That’s because she is an algorithm. AllianceBernstein’s […]
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CNBC’s Jim Cramer praised Nvidia‘s billionaire CEO Jensen Huang ahead of the computer chipmaker’s quarterly earnings after Thursday’s closing bell on Wall Street. The “Mad Money” host characterized the Taiwanese-American entrepreneur, who co-founded the Silicon Valley company in 1993, as a “visionary” and possibly the “[Albert] Einstein of our era.” Even Huang’s biggest competitors call […]
Read moreHouse Democrats released more than 3,500 Russian-bought Facebook ads Thursday. You can view the ads in a file published by the House Intelligence Committee. “There’s no question that Russia sought to weaponize social media platforms to drive a wedge between Americans, and in an attempt to sway the 2016 election,” Congressman Adam Schiff, D-Calif., said […]
Read moreThe Federal Communications Commission said in a notice Thursday that 2015 landmark U.S. open internet rules will cease around June 10. The FCC in December repealed the Obama era “net neutrality” rules, which will allow internet providers to block or slow websites as long as they disclose the practice. The FCC said the new rules […]
Read moreIt was a typical Saturday morning. Angela Watschke was shuffling some of her kids around four years ago while the others were at home. Her then-two-year-old daughter Abrielle was lying on the bed when she started slipping off as her eyes rolled back. The toddler was experiencing cardiac arrest. One of Watschke’s daughters texted her […]
Read moreGoogle recently added a new feature to Gmail on iPhone that lets you send money to anyone with an email address. It’s a feature that’s already been available for Android users. That means you can quickly send someone cash — maybe to your son or daughter away at college — all in the same message […]
Read moreRoku shares jumped 7 percent in the first minutes of trading Thursday, a day after an earnings beat revealed strong ad revenue. Shares opened above $38, in the company’s highest open in nearly two months. On Wednesday, Roku reported a smaller-than-expected loss in the first quarter and posted higher revenue from its streaming platform than […]
Read moreStock trading app Robinhood has beat its rival E-trade when it comes to users, doubling the number of accounts in the past year. The start-up now has 4 million brokerage accounts on its platform. On Thursday it announced a $363 million funding round, valuing the company at $5.6 billion, which is quadruple its valuation from […]
Read moreCryptocurrencies are standing in the way of authorities catching “bad guys” who are using payment systems for nefarious purposes, a Bank of America official said Thursday. Addressing a key criticism of bitcoin and its growing list of competitors, Cathy Bessant, BofA’s chief technical officer, said it’s important to differentiate the two major uses of digital […]
Read moreApple has envisioned its smartwatches as health devices since the product’s conception in 2012, according to a new interview with Apple’s top designer in Hodinkee Magazine. Jony Ive told Hodinkee, which covers the luxury watch industry, that health was “absolutely” an “early and significant focus” of the watch. The goal, he said, was “developing both […]
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