Shares of IBM rose 2 percent in premarket trading Wednesday after a top Wall Street bank upgraded shares, saying “a new dawn emerges.” Barclays raised its rating on IBM stock to overweight all the way from underweight on Wednesday, advising investors that the company could come to rival Amazon and Microsoft‘s Azure in the cloud […]
Read moreBitcoin fell below $10,000 for the first time since November, as a sell-off in cryptocurrencies continued for a second day Wednesday. The world’s largest cryptocurrency was trading at $9,958.31 at about 6:50 a.m. ET on Wednesday morning, and was down almost 12 percent in the last 24 hours, according to CoinDesk data. CoinDesk tracks prices […]
Read moreThe iPhone cycle will disappoint this year, according to one Wall Street analyst, who issued a rare downgrade of one of the market’s most popular stocks. Longbow Research lowered its rating for Apple shares to neutral from buy, predicting the company will ship less iPhones than expected in fiscal 2018. We are “seeing only a […]
Read moreNorth Korean government-backed hackers are targeting South Korean cryptocurrency exchange customers using similar tactics to the cyberattack on Sony Pictures and the WannaCry ransomware, a report has revealed. The hacking group, known as Lazarus, used a number of methods to target people. One involved exploiting a security flaw in Hangul, a Korean-language word processing program, […]
Read moreIf your internet connection has been going down, your Google Home and Chromecast devices could be to blame. The issue initially seemed to be relegated only to those who owned the Google Home Max speaker and TP-Link Archer C7 router. New issues have been reported involving other devices by both companies, and with routers from […]
Read moreFrom ferrying people to and from their place of work to transporting nuclear waste and coal, railways are not only an integral part of 21st century life but have played a crucial role in shaping the modern world. In Belgium, one business is looking to use innovation to drive further change in the sector. Based […]
Read moreMore than $200 billion has been wiped off the value of global cryptocurrencies at the peak of the recent sell-off, which extended into Wednesday morning. At around 7 a.m. London time on Tuesday, the total market capitalization or value of every digital coin stood at $653.8 billion, according to data from Coinmarketcap.com, a website that […]
Read moreMost major digital currencies suffered massive drops over the last 24 hours, but one token actually appeared to have posted gains. It’s called tether, and the digital asset aims to link the cryptocurrency environment to the fiat world by tying each token to government-backed currency. Of the top 50 digital currencies listed by market value […]
Read moreThe U.S. Senate on Tuesday advanced a bill to renew the National Security Agency’s warrantless internet surveillance program, as a final push by privacy advocates to derail the measure came up short. The legislation just cleared the procedural 60-vote threshold required to limit debate in the Senate and was expected to earn the simple majority […]
Read moreMost major digital currencies sold off sharply on Tuesday, but the declines in bitcoin, ethereum and litecoin prices weren’t as bad as much of the rest of the market. All of the top 20 digital currencies — by market value — suffered double digit losses over the last 24 hours, according to data from industry […]
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