Hedge fund Sentient Technologies is relying on artificial intelligence to trade stock, marking a potential breakthrough in the race between man and machine in investment. “For me, it’s scarier to be relying on those human-based […]
Research firm Canalys said the Apple Watch (NASDAQ:AAPL) experienced its best quarter yet in the final three months of 2016, with 6M smartwatches shipped, bringing the annual total to an estimated 11.9M. This reflected year-on-year […]
Trading volumes at China’s three largest bitcoin exchanges have plummeted after the PBOC put the virtual currency market under sharper scrutiny in a move that coincided with efforts to stem capital outflows. China has been the […]
Pinterest introduced Lens, a mobile app that uses the phone’s camera to recognize physical objects and pull up related items from Pinterest. Lens focuses on objects appearing within a circular window — likely to reduce the signal-to-noise […]
The Galaxy S8 will be unveiled in New York next month, according to WSJ, and Samsung (OTC:SSNLF) is ready to display a whole host of new features. While the physical home button will be stripped […]
German Deputy Finance Minister Jens Spahn has repeated the country’s call to the European Central Bank for a stronger euro and a rise in interest rates. The US has claimed that Germany is keeping the […]
Exchange operator Nasdaq Inc. (NDAQ.O) plans to set up a venture capital arm to invest in financial technology companies that can help grow its own businesses. Nasdaq is best known for running stock exchanges around […]
The International Monetary Fund is making “irresponsible demands” that are disrupting Greece’s bailout, said George Katrougalos, the Greek alternate foreign minister for EU affairs. The IMF’s positions are the only obstacles standing in the way […]
All three major stock indexes closed at record highs Thursday, and markets continued to climb in early trading today. At 10 a.m. Eastern, the Dow Jones industrial average was up 57 points, the Nasdaq composite […]
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