President Donald Trump met with Microsoft Corp. co-founder Bill Gates at the White House on Monday, just days after releasing a budget proposal that would impose deep cuts on funding for many of the causes championed by the billionaire philanthropist. White House spokesman Sean Spicer said the two spoke about their “shared commitment to finding and stopping disease outbreaks around the world.”
Category: Startups
3 Stocks That Are Ridiculously Cheap Right Now
With the market steadily pushing above and beyond its all-time highs, it’s becoming increasingly difficult to find stocks with compelling valuations. With this in mind, we asked three of our contributors which stocks they think are still bargains that might be worth buying right now.
Intel and Micron’s new high-speed memory represents a huge opportunity: Jhonsa
The chipmakers’ 3D XPoint next-gen memory offers a middle ground between expensive DRAM and relatively slow NAND flash memory. It’s great for games, analytics and possibly more.
AT&T Outage Takes Down 911 Lines
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Money laundering watchdog scrutinizes Facebook, social media
Award-winning reporter Elizabeth Thompson covers Parliament Hill. A veteran of the Montreal Gazette, Sun Media and iPolitics, she currently works with the CBC’s Ottawa bureau, specializing in investigative reporting and data journalism.
AT&T staying mum on outage that disrupted 911 service
UPDATE: An AT&T spokeswoman says a nationwide outage has been resolved. A hardware issue had caused some calls not to connect Saturday morning.
Optical Component Stocks Still Worth a Look Following Finisar’s Tumble
Though Finisar and a couple of other component vendors have offered disappointing outlooks, strong demand from cloud giants should continue propping up the industry. This column originally appeared on March 10 on Real Money, our premium site for active traders.
AT&T Outage Takes Down 911 Lines
Millions of AT&T customers were left without 911 service for several hours last night. The outage appeared to have affected wireless customers across the country, with reports that customers were unable to reach emergency services in New York, Los Angeles, Washington D.C., Chicago, Miami, San Francisco and Seattle, among other areas.
Optical Component Stocks Might Deserve a Look Following Finisar’s Tumble
For all the good news that optical component suppliers have seen over the last 12 months or so, it’s been hard to forget the fact that many of the telcos that have historically accounted for a big portion of optical equipment spending aren’t seeing much growth, and spending accordingly. Or that the industry in the past has been quite cyclical, with major growth spurts followed by sharp downturns.
Bitcoin Plummets 18% as SEC Rejects Winklevoss ETF Proposal
Bitcoin’s price plummeted after U.S. regulators rejected a proposal by the Winklevoss twins for a publicly traded fund based on the digital currency, dashing hopes that a government-approved investment vehicle would lead to wider interest in virtual money. The Securities and Exchange Commission refused to grant an exemption that would have let the Winklevoss Bitcoin Trust trade on the Bats BZX Exchange, according to a filing posted Friday on the regulator’s website.
AT&T Mum on 911 Service Outage
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Facebook Now Has 4 Snapchat Clones
Facebook has four extremely popular apps. Its flagship Facebook app is quickly closing in on 2 billion active users, Messenger and WhatsApp have over 1 billion each, and Instagram has managed to attract 600 million users.
Facebook Now Has 4 Snapchat Clones
Facebook has four extremely popular apps. Its flagship Facebook app is quickly closing in on 2 billion active users, Messenger and WhatsApp have over 1 billion each, and Instagram has managed to attract 600 million users.
The 10 Most Innovative Companies In Social Media 2017
Gone are the days of managing regularly updated Facebook profiles or Twitter accounts and calling it “social media.” Our very means of social connectivity have transformed in the last year, demanding that users and companies alike adapt to new platforms and ever-changing trends.
(FILES) This file photo taken on February 05, 2016 shows WikiLeaks…
This file photo taken on February 05, 2016 shows WikiLeaks founder Julian Assange coming out on the balcony of the Ecuadorian embassy to address the media in central London. This file photo taken on February 05, 2016 shows WikiLeaks founder Julian Assange coming out on the balcony of the Ecuadorian embassy to address the media in central London.
Apple’s iPhone 6 Revival Could Go Over Well in China and India
With manufacturing costs for older and/or less advanced models likely in the $200 range or below, the company can easily sell such iPhones at lower price points while still turning a profit, and in doing so take share from mid-range Android rivals. But when a company is selling over 200 million phones annually at an average selling price well north of $600, it’s hard to blame it for being cautious about how much it moves down-market, given the risk of potentially cannibalizing sales of pricier models.
Why Tesla Can’t Live Up to This Analyst’s Expectations
An analyst has likened the electric carmaker to Amazon, Netflix and Apple. Here’s why that’s a ridiculous idea.
Here’s Why Apple’s Stock Is Still a Buy
Trading at all-time highs, Apple is up 20% for the year already. With Citi raising its price target for the stock to $160 recently, many investors believe Apple’s stock will only continue climbing .
AT&T staying mum on outage that disrupted 911 service
The Federal Communications Commission is investigating what caused a 911 outage that affected AT&T wireless customers in multiple states on Wednesday. The Dallas-based company has revealed little about the outage, which has since been fixed.
FCC says it will investigate AT&T wireless 911 outage
The Federal Communications Commission said Wednesday night it will investigate “the root cause” of an outage that prevented AT&T wireless customers in several states from connecting to 911. FCC chairman Ajit Pai tweeted, “.@FCC AT&T has reported to me that 911 service is now restored.
Google’s Latest Cloud Event Suggests Its Enterprise Message is Gaining Traction
While Amazon remains the cloud infrastructure market’s 800-pound gorilla, Google’s unique services are winning over more businesses. This column originally appeared on March 8 on Real Money, our premium site for active traders.
Google spent $30 billion on its cloud and is making some…
If there’s one question that the top brass at Google are sick of being asked it’s this: How are you going to catch up in the cloud market to Amazon and Microsoft? Google’s answer is pretty straightforward: the old-fashioned way. It plans to build out its tech, making it reliable, affordable, with just enough differentiation to attract customers.
Google’s Latest Cloud Event Suggests Its Enterprise Message is Gaining Traction
” has…the money, the means and the commitment to pull off a new platform of computation globally, for everybody who needs it.” One has to wonder if Schmidt read a morning Wall Street Journal column raising doubts about the company’s enterprise cloud bona fides.
Intel Should Remain Dominant in Server CPUs, but AMD and Qualcomm Just Made Things More Interesting
While Intel is about to see tougher server processor competition, no rival can match the breadth of its offerings, or its industry support. Just as the PC CPU market has been overdue for some real competition to challenge Intel’s hegemony, the same could arguably be said for server CPUs.
Wednesday’s ETF with Unusual Volume: XT
The iShares Exponential Technologies ETF is seeing unusually high volume in afternoon trading Wednesday, with over 637,000 shares traded versus three month average volume of about 73,000. Shares of XT were trading flat on the day.
Wednesday’s ETF Movers: XBI, XOP
In trading on Wednesday, the SPDR S&P Biotech ETF is outperforming other ETFs, up about 2.3% on the day. Components of that ETF showing particular strength include shares of Puma Biotechnology, up about 10.4% and shares of Cytokinetics, up about 8.5% on the day.
Netflix’s Reality TV Push Shows That Its Horizons Keep Expanding
This column originally appeared on March 7 on Real Money, our premium site for active traders. Click here to get great columns like this.
WikiLeaks Adds to Samsung Headaches With Claims of Spying TVs
For a company that has been mired in negative headlines for months, just about the last thing Samsung Electronics Co. needed was news its smart TVs could be used to spy on users.
WikiLeaks claims the CIA built special tools for hacking…
Documents published on Tuesday by WikiLeaks claim to be evidence that the “CIA lost control of the majority of its hacking arsenal.” According to the WikiLeaks files, it appears that the CIA has teams specifically dedicated to breaking into Apple products, including iOS, the software that runs on iPhones and iPads, and even Apple’s line of routers, AirPort .
Wanted at Wells Fargo: Three New Deputies to Run Retail Bank
Wells Fargo & Co. community banking head Mary Mack is seeking three new deputies and shaking up regional leadership of the division she inherited after a bogus-account scandal.
Ever Want Image Search For Google Earth? This AI-Driven Tool Does That
There’s a single wind turbine near the intersection of 760th St. and Quincy Road in Massena, Iowa. It’s just one of thousands of them located around the country.
LinkedIn Barred from Public Access in Russia
Russia blocked access last year after a court found LinkedIn guilty of violating a law requiring companies holding Russian’s citizen’s data to store it on servers located in the country. Microsoft’s LinkedIn failed to reach an agreement with Russian authorities to allow public access to the employment networking site, the company and Russia’s communications regulator said on Tuesday.
Francisco Partners invests $200 mln in iconectiv
Francisco Partners is investing $200 million for a 16.7 percent stake in iconectiv . Ericsson is the seller.
Gmail Ups Attachment Limit to 50 MB
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IBM, Salesforce Agree to Partner on Artificial Intelligence
International Business Machines Corp. and Salesforce.com Inc. agreed to mingle their artificial-intelligence technologies in a bid to boost sales of data-analytics offerings. The companies Monday announced plans to offer integrated AI services that weave the broad human-like conversation and learning capabilities of IBM’s Watson with Salesforce’s more sales-oriented Einstein technology.
Snap slides as Wall Street ends lower
Shares in Snap, the owner of Snapchat, slid 12% on Monday to close below the price at which they started trading just last week in New York. Snap closed 44% higher at $24.48, valuing the company at $28bn, after it raised $3.4bn in the richest US technology company listing since Facebook in 2012 However, analysts have given mixed views on the future of Snap, debating whether it can emulate the success of Facebook, sending shares down $3.32 to close at $23.77.
Amazon Is Pulling Out All the Stops Against Apple and Google in High-Stakes Voice Assistant Wars
Although Apple and Google’s voice assistants are shipped with far more devices, Amazon’s Alexa has become a formidable rival thanks to big investments and a swelling ecosystem. As much as Amazon’s Echo home speaker/voice assistant has turned into a surprise hit and yielded a blizzard of positive media attention, the Alexa voice assistant powering Echo hardware is still in key respects at a strategic disadvantage compared to rival offerings from Alphabet /Google , Apple , and Microsoft’s .
Standard Life to Buy Aberdeen in $4.7 Billion Stock Deal
Standard Life Plc, Scotland’s largest insurer, agreed to acquire Aberdeen Asset Management Plc for about 3.8 billion pounds , a deal that would create one of Europe’s biggest fund managers. Their stock soared.
How to Trade the Week’s Most Active Stocks–AMD, Snap, Rite Aid and More
Put down the 10-K filings and the stock screeners. It’s time to take a break from the traditional methods of generating investment ideas.
Standard Life’s Aberdeen Bid Marks Push Against Passive `Bogey’
Standard Life Plc’s bid to take over Aberdeen Asset Management Plc is the latest defensive move by active asset managers grappling with fee pressure from cheaper passive funds that often outperform them. The merger of Scotland’s two biggest money managers follows France’s Amundi SA agreement to buy Pioneer Investments from Italy’s UniCredit SpA in December as companies seek extra scale to boost returns.