China’s government has told telecommunications carriers to block individuals’ access to virtual private networks by Feb. 1, people familiar with the matter said, thereby shutting a major window to the global internet. Beijing has ordered state-run telecommunications firms, which include China Mobile, China Unicom and China Telecom, to bar people from using VPNs, services that skirt censorship restrictions by […]
A new company makes AI software in use at a handful of police departments. Can it make law enforcement more transparent? There’s a story Brett Goldstein likes to tell. It starts on a Friday night in 2010 with him sitting in a darkened Crown Victoria on a Chicago street, poring over maps. Goldstein was a […]
Software maker BlackBerry Ltd’s (BB.TO)(BBRY.O) long-running recovery effort has been slowed by a dearth of salespeople to promote its revamped and more complex products, with CEO John Chen pledging to hire more sales specialists to help achieve its growth target. While BlackBerry’s traditional customers were security executives in top global companies, its reboot from smartphone […]
Wall Street was unable to hold earlier gains as tech stocks once again weighed on sentiment Monday and investors saw little encouragement from the day’s macro data. At 11:36AM ET (15:36GMT), the Dow Jones advanced 24 points, or 0.11%, the S&P 500 inched up less than a point or 0.01%, while the Nasdaq Composite traded […]
Apple, Google Self-Driving Car Deals Boost Rental Car Leaders More Shares in Avis Budget Group (CAR) and Hertz Global Holding (HTZ) leapt in trading Monday after it was reported the two rental-car giants forged respective self-driving auto deals with Google-parent Alphabet (GOOGL) and Apple (AAPL). Avis announced a pact to manage the fleet built by Waymo, the […]
Global threats, recent WannaCry ransom attack fuel awareness Cybersecurity will increasingly become part of deal-vetting Executives and investors are hiring an unlikely crowd to help them do deals: computer geeks. Companies and investment funds are adding an extra layer of scrutiny to acquisitions by screening targets for cybersecurity risks, as global computer attacks raise awareness. […]
Sony’s PlayStation VR headset. There’s no getting around it: virtual reality has stalled out. After years of gushing previews and bold corporate stage shows, reality seems to have virtual reality. It’s clunky, pricey and still mostly a curiosity. We know that will eventually change — the headsets will slim down, the prices will drop and the […]
Prime Minister Justin Trudeau meets with Mexican President Enrique Pena Nieto during November’s APEC Summit in Peru. Photo from The Canadian Press A new report on wireless broadband is out, and it may not leave readers cheering “USA! USA!” According to OpenSignal’s study, Mexico, Canada, France, the United Kingdom and more than 50 other countries […]
Apple’s shares have become very oversold in the past two weeks as Mizuho and Pacific Crest downgraded the stock from Buy/Overweight to Neutral/Sector Weight, respectively, and tech stocks took a hit. Their main reason centered around iPhone 8 expectations being baked into the stock given their recent strength and that valuation levels while not excessive […]
Startup working with banks to engage potential investors Funding to fuel expansion in North Asia, marketplace business Reebonz Pte, Southeast Asia’s largest online luxury retailer, is planning to raise as much as $150 million to bolster its marketplace business and fund expansion in China, Japan and South Korea. Reebonz has been working with investment banks including […]
Henrik Fisker is a bit of a legend in the automotive design world, so when he announced that he was working on an all-new electric vehicle that would both challenge Tesla’s Model S, and serve as the spiritual successor to the Fisker Karma, there was plenty of interest. Fisker first teased the new car in […]
The Dow jumping to a new all-time high as tech recovers with FANG back in the hunt. (^DJI, ^GSPC, ^IXIC) Catch The Final Round at 4 p.m. with Jen Rogers and Yahoo Finance markets correspondent Nicole Sinclair. Winners and losers Let’s take a look at some of today’s winners and losers. Stocks in the red today […]
