Sir Martin Sorrell has completed his first acquisition since leaving advertising agency conglomerate WPP in April. His new venture, S4 Capital, has bought Dutch digital production company MediaMonks in a deal reported to be valued at 300 million euros ($352 million). Other bidders were WPP and Accenture Interactive, according to a Financial Times report. MediaMonks […]
Read moreShares of Chinese electronics-maker Xiaomi surged over 13 percent Tuesday on just its second day of trade following its initial public offering (IPO). Xiaomi shares closed at 19 Hong Kong dollars ($2.17), above its IPO price of 17 Hong Kong dollars. The rise is a welcome boost for the world’s fourth-largest smartphone maker, which went […]
Read moreCryptocurrency conversion platform Bancor has suffered a “security breach” that saw $13.5 million worth of digital tokens stolen. The Israeli start-up said Monday that a cryptocurrency wallet on its network had been compromised, leading to the theft of $12.5 million worth of ethereum and $1 million worth of the lesser-known token Pundi X. Ethereum has […]
Read more
I’m a bit torn on the size. It’s small, with a 10-inch screen, and has big bezels — the areas around the screen — which means it’s not nearly as attractive as an iPad. Also, the keyboard seemed a little cramped during my brief hands-on with the Surface Go, though on a par with what […]
Read moreIt’s time for investors to reconsider the stock of toymaker Hasbro after retailer Toys R Us closed the last of its U.S. stores, CNBC’s Jim Cramer said on Monday. “You might want to use any additional Toys R Us-related doom and gloom to scale into Hasbro on weakness, because long term, you may end up […]
Read moreAt a bachelor party two years ago in South Lake Tahoe, California, a tech worker who we’ll call Owen glanced down at his Fitbit in between snorting lines of cocaine. He noticed his heart rake had spiked to 150, an abnormally high level considering he’d been sitting for hours. “My heart rate only gets to […]
Read moreYouTube will start adding previews and links to news articles in order to combat fake news around events, and will enlist popular stars on the platform to teach kids about how to discern real news from falsehoods. In addition to linking to articles for breaking news in search results, it will also start adding text […]
Read moreChinese smart phone maker Xiaomi stumbled 6 percent on its debut on the Hong Kong Stock Exchange on Monday, but early investor Hans Tung says the company’s performance is more reflective of investor confusion than the strength of the stock. The performance was “probably a combination of both market conditions in the U.S. and China, […]
Read moreDemand for batteries in everything from smartphones to electric cars has driven up the price of the once obscure element cobalt, fueling fears of a shortage. Prices for the metal, which is essential in making lithium-ion batteries, more than doubled in 2017 over the previous year, according to the United States Geological Survey. Researchers haven’t […]
Read moreSpeaking from a blockchain conference in Morocco over the weekend, Google co-founder Sergey Brin said the internet giant missed its chance to be at the forefront of blockchain technology. Brin, who currently serves as president of Google parent company Alphabet, joined blockchain technology leaders and researchers on a panel at Richard Branson’s exclusive Blockchain Summit. […]
Read more