Here’s Why Alnylam Pharmaceuticals Plunged 59.8% in 2016

That was a far worse decline than the 19% loss by the biotech sector, in general, as measured by the iShares Nasdaq Biotechnology ETF While Alnylam’s share price was weak through the first nine months of the year, investors can mostly chalk that up to the general sell-off in biotech. However, the company’s stock was decimated in October after the company reported a major clinical setback.

US Trade Associations and ISPs Petition FCC to Reconsider New Privacy Rules

On January 3, several US trade associations and internet service providers submitted petitions requesting that the Federal Communications Commission reconsider its broadband privacy rules mandating consumer opt-in before using data for marketing purposes. Among those groups submitting petitions are the United States Telecom Association, NCTA – Internet and Television Association, Competitive Carriers Association, Association of National Advertisers, American Association of Advertising Agencies, American Advertising Federation, Data & Marketing Association, Interactive Advertising Bureau, and Network Advertising Initiative.

Why Amazon.com, Inc. Shares Gained 11% in 2016

If you bought Amazon shares at the 52-week lows in early February and sold them at the October peak, you would have seen a staggering 79% return in just eight months. And if you’re that lucky, I would advise you to stock up on lottery tickets, stat .

U.S. Claims Thousands of D-Link Users Exposed to Hacking

A U.S. consumer protection watchdog sued a Taiwan-based maker of home-networking equipment over claims that lax security left its products vulnerable to hackers. The Federal Trade Commission alleged that D-Link Corp. and a U.S. unit failed to secure their routers and web cameras, exposing thousands of American consumers to targeted online security breaches.

Alexa Could Be Amazon’s “Fourth Pillar”

All three have been instrumental to Amazon’s success over the past decade-plus and Bezos wrote, “I assure you that we also remain hard at work on finding a fourth [pillar].” It’s been two years since Amazon unveiled the Echo, which can serve as a hub for other smart-home devices like thermostats and lightbulbs, and its functionality has been extended through third-party “skills,” which function like voice-controlled apps.

Top Takeaways From CES 2017: Nvidia Struts Its Stuff While Intel and Samsung Look for Growth

Intel gave a first-hand look at VR’s potential and Samsung added to its smart home bet, but Nvidia stole the show by announcing impressive new partnerships and initiatives. In their own ways, Intel and Samsung’s big news events on CES 2017’s press day carried with them important subtexts about where growth in their largest businesses has flattened, and how the companies are looking to respond.

Alibaba Sues Sellers of Fake Swarovski Watches in Crackdown

Alibaba Group Holding Ltd. sued two vendors it said used the company’s Taobao website to sell counterfeit Swarovski watches, just weeks after the site was labeled a haven for knockoffs by U.S. regulators. The lawsuit is the first legal action taken by an e-commerce site in China against sellers of counterfeit goods and Alibaba seeks 1.4 million yuan in damages, the company said Wednesday in a statement.

Intel handed out barf bags for its event at CES

Attendees at tech trade shows are accustomed to getting plied with all sorts of shwag, but those who attended Intel’s event on Wednesday got something different: barf bags. to attendees at its press conference at the Consumer Electronics Show in Las Vegas, Nevada – a precaution in case audience members got sick during the virtual reality experience.

Alibaba cracks down on counterfeiters on their platform

Chinese e-commerce giant Alibaba has sued two vendors for selling counterfeit goods, weeks after being blacklisted by a US industry watchdog. The move comes just two weeks after the company was put back onto the US’s “notorious markets” list over failing to curb the sale of counterfeit goods.

7 Signs Amazon’s Best Days Are Ahead of It

The company has come to dominate the retail industry and is rapidly disrupting many other areas of the global economy. Yet with its stock up several hundred times in value since its 1997 IPO, you’d be excused for thinking Amazon’s days of turbocharged growth are long gone.

Broadband Carriers Urge FCC To Roll Back New Privacy Rules

Broadband carriers are urging the Federal Communications Commission to reconsider its stringent new privacy rules, which require carriers to obtain consumers’ opt-in consent before drawing on their Web-surfing data for ad targeting. In a petition filed Monday, the trade group US Telecom Association argues that carriers shouldn’t be subject to tougher rules than other Web companies — like search engines and social networking services.

China’s Sogou Targets $5 Billion IPO to Chase Rival Baidu

China’s third-biggest search engine expects to hold a U.S. initial public offering at a valuation of as much as $5 billion as it raises cash to close the gap with leader Baidu Inc. in the mobile market. Sogou, whose name means “search dog,” plans to sell about 10 percent of its shares in an IPO that will probably be held this year, Chief Executive Officer Wang Xiaochuan said in an interview.

Automation Trepidation

Decades from now, when historians look back on 2016, they’ll of course take note of the momentous votes on both sides of the Atlantic. But if they’re interested in symbolism, they might find that an even more profound turning point occurred over the English countryside in early December, when a little flying robot buzzed  though the air, alighted on a lawn and gently deposited a package for a happy customer.

US states, leery of Russia malware, re-examine cybersecurity

Several states around the country on Saturday asked cybersecurity experts to re-examine state and utility networks after a Vermont utility’s laptop was found to contain malware U.S. officials say is linked to Russian hackers. The Burlington Electric Department, one of Vermont’s two largest electric utilities, confirmed Friday it had found on one of its laptops the malware code used in Grizzly Steppe, the name the U.S. government has given to malicious cyber activity by Russian civilian and military intelligence services.

article

Can the memory chip specialist build on this success with another fantastic performance in 2017? First, I have already taken a look at the potential downside for us Micron investors. In short, the risks involved in owning Micron next year are significant but also limited.

2016’s Best CEOs

The best chief executive officers are an often-underrated source of competitive advantage. A strong leader with the vision to steer a company safely through rapidly changing business conditions can many times be the difference between a business’ success and failure.

5 Things Micron’s Management Wants You to Know

The company’s first-quarter results beat expectations, and its guidance for the second quarter foretells a return to exceptional profitability. While Micron’s first-quarter numbers give investors a good idea of where the company stands, management provided additional information during the earnings conference call.

Nvidia’s Savvy Capital Return Efforts

This program intended to return cash to shareholders through regular dividends and share repurchases. In November 2012, Nvidia announced its first quarterly dividend of $0.075 per share.Based on the closing price on the day of the announcement, this represented an annual dividend yield of 2.4% — a healthy yield for a nimble, relatively small,tech company with above average growth prospects.

GNC’s Stock Is Unhealthy and Unlikely to Improve for a While

The troubled, nutritional retailer closed all its bricks-and-mortar locations for a day in an effort to revamp its pricing, but its methods seem misguided. Health and nutritional store GNC may be well known for selling protein powders to help weight lifters bulk up, but there’s one other thing the company desperately needs to boost : its stock.

Holiday Phone Activations Bode Well for Apple’s iPhone 7-Plus Sales

But the numbers also suggest Apple’s smartphone sales mix improved for the better. Flurry, which relies on anonymized usage data from the thousands of mobile apps connected to its analytics tools, reports Apple products accounted for 44% of the smartphone and tablet activations it recorded from December 19 to December 25. That’s down from the 49.1% reported for the same week a year ago .

Amazon Voted Best Stock for 2017 by Evercore

Amazon is Evercore’s top stock pick for the upcoming year, mainly due to its position in the data science field. Shares of Amazon were slightly higher in late morning trading on Wednesday, after Evercore named the company its top stock pick for 2017, in a note released earlier today.

China Invites Investors, Including Foreigners, Into Space Effort

China is looking to draw private investors, including those from outside the country, into its aerospace program to supplement funding from the government for commercial satellite launches. Investment is welcome for commercial rocket development, satellite research, manufacturing and for applying aerospace technologies to public welfare, Wu Yanhua, vice minister of China National Space Administration, said at a press briefing in Beijing on Tuesday.

article

Staying relevant through constant innovation and disruption is more important in the tech industry than in arguably any other sector. By investing heavily in research and development , these companies are making expensive bets on the future and what technology and trends will lead it — along with their own sales and profits.

Air-Launched Orbital Rockets: Orbital ATK Shows Virgin Galactic How It’s Done

For years, Sir Richard Branson’s Virgin Galactic has been trying to invent a better way to launch rockets into space. Instead of launching from Earth in a fiery blast and a cloud of dust, Virgin Galactic aims to carry a “SpaceShipTwo” spaceship into the stratosphere, strapped to the belly of a “WhiteKnightTwo” mothership — then detach the former from the latter, and rocket to 62 miles above sea level.