Exactly a decade ago, it was time for investors to start worrying, even as stocks sat at record highs and the signs of onrushing danger were far from obvious. In July 2007, the U.S. stock market was just emerging from a prolonged stretch of unusual calm, the S&P 500 clicking to a new high before […]
Read moreGoogle is giving the Press Association news agency a grant of €706,000 ($806,000) to start writing stories with the help of artificial intelligence. The money is coming out of the tech giant’s Digital News Initiative fund, which supports digital journalism in Europe. The PA supplies news stories to media outlets all over the UK and […]
Read moreChinese smartphone maker Xiaomi may be at an inflection point, according to its latest mobile shipment figures. The company shipped 23.16 million smartphones in the second quarter of 2017, up 70 percent on the first quarter of this year. This is a record high for Xiaomi’s quarterly smartphone shipments. “Xiaomi is once again embarking on […]
Read moreChina has hit back at claims of a continued uptick in trade with North Korea, arguing that its figures were taken out of context and trade with its neighbor has instead been on the decline. President Donald Trump criticized China for its ties with North Korea’s government following the launch of a test missile earlier […]
Read moreCheck out which companies are making headlines before the bell: Apple – The company was sued by Qualcomm for patent infringement. The chipmaker claims that Apple breached six Qualcomm patents that increase battery life and it is asking for an import ban on certain iPhones, as well as monetary damages. Mondelez – Mondelez said second-quarter […]
Read moreWhen you’re new to investing, it’s all too easy to make mistakes that cost tens of thousands of dollars or more. Knowing the potential pitfalls is the first step to avoiding them. Here are three to watch. Scenario: An acquaintance gives you a “can’t miss” tip on a stock at a cocktail party. He says […]
Read moreCurrency, United States Finance
Russians sole culprits in US election hacking, says ex-intel director Clapper
The U.S.’s former top intelligence official has rubbished President Donald Trump’s claims that foreign actors outside of Russia may have been involved in the alleged hacking of the 2016 U.S. presidential election, saying that they are unsubstantiated. “We saw no evidence whatsoever that it was anyone involved in this other than the Russians,” James Clapper, […]
Read moreRed, a company that makes high-end cameras to shoot blockbuster films, has launched an expensive smartphone which it is billing as the “world’s first holographic media machine”. The Hydrogen One smartphone has a 5.7 inch holographic display and runs Google’s Android mobile operating system. According to a press release by Red, the handset’s screen can […]
Read moreTesla has agreed to build the world’s largest lithium-ion battery storage project in South Australia, billionaire founder Elon Musk said on Friday. The electric car company, which also makes the Tesla Powerpack storage battery, outbid 91 other companies to win a contract to install a 100 megawatt facility. It will partner with French renewable energy […]
Read moreMUMBAI, India — Amazon Prime Video is looking to cash in on India’s two biggest loves: Bollywood and cricket. The streaming service is set to debut its first original series for India, “Inside Edge,” on Monday — just six months after Amazon’s Prime service launched in the country. It’s the latest push to capture a […]
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