Top VC Jason Calacanis has not been a bitcoin booster, and said there’s a 33 percent chance the cryptocurrency goes to zero. “Cryptocurrency is a real technology, it’s fascinating, it’s got the potential to do some amazing things,” Calacanis told CNBC’s “Squawk Alley” Wednesday. “But we’re talking about an unregulated, highly manipulated and anonymous global […]
Read moreChecks with supply chain vendors indicate that Apple’s iPhone sales may decline about 33 percent between the December 2017 and March 2018 quarters, Bernstein analyst Toni Sacconaghi wrote in a research note released on Tuesday. He predicts Apple will offer implied guidance of 51 to 57 million iPhones sold for the March quarter, lower than […]
Read moreAt least one governor of a state still in the running for Amazon‘s second headquarters is ambivalent about winning the final bid. Colorado Governor John Hickenlooper said he’s “not going to cry” if Amazon chooses another of the 20 finalist metro areas over Denver, according to The Denver Post. “There will be a sense of […]
Read moreGoldman Sachs Chairman and CEO Lloyd Blankfein did not totally shun bitcoin in Wednesday’s CNBC interview from Davos, “Mad Money” host Jim Cramer said. “I think it was important to parse what Lloyd said,” Cramer reflected. “[Blankfein] said customers who want to be involved with bitcoin … we will do business” on some level. Blankfein […]
Read moreSeven years ago, a computer beat two human quizmasters on a “Jeopardy” challenge. Ever since, the tech industry has been training its machines to make them even better at amassing knowledge and answering questions. And it’s worked, at least up to a point. Just don’t expect artificial intelligence to spit out a literary analysis of […]
Read moreApple announced a big iPhone update, iOS 11.3, is coming later this spring with plenty of new features including Business Chat. It’s a big deal. Imagine a day where you can quickly schedule a doctor’s appointment, buy new shoes or book a plane ticket, all from iMessage. Business Chat has the fundamentals to make that […]
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Digital currency stellar soared 20 percent Wednesday after online payments company Stripe said it may add support for the cryptocurrency. Stellar, or XLM, climbed to about 58.96 cents, up 21.2 percent on the day, according to CoinMarketCap. That gave the digital currency a market value of about $10.3 billion, making it the sixth-largest cryptocurrency by […]
Read moreTrade deals between the U.S. and other nations are outdated, and any changes must work toward modernization, IBM chair and CEO Ginni Rometty told CNBC on Wednesday. “If you line up a set of priorities and one of the things I work on from a policy perspective, trade would be one of them,” Rometty told […]
Read moreApple announced iOS 11.3 on Wednesday, the update that will roll out this spring and will let users take more control over whether or not Apple slows down an iPhone’s battery. Apple has been slowing down iPhone 6, iPhone 6s and iPhone 6s Plus smartphones with aging batteries to preserve battery life, and users have […]
Read moreChinese search engine Baidu is seeking new investors for its wholly-owned finance unit, in a deal that could fetch up to $2 billion and deepen its push into financial services, people with knowledge of the matter said. The investors will either buy some of Baidu’s shares in Baidu Financial Services Group (Baidu FSG) or buy […]
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