James Dyson Shows It's Too Easy to Make Electric Cars

(Bloomberg Opinion) -- The reason it was even conceivable for Dyson Ltd. to make an electric car may also have been why its project was doomed to fail: They’re simply too easy to make. The British company, best known for its expensive vacuum cleaners, has now abandoned its 2 bill … | Continue reading


@finance.yahoo.com | 2 days ago

Beware of Funny Financials

(Bloomberg Opinion) -- However frothy valuations currently seem to be, optimists can always argue they’re justified by strong earnings. In the past four years, S&P 500 operating earnings per share have grown by nearly 40%.Those numbers, however, may be as airy as the asset prices … | Continue reading


@finance.yahoo.com | 4 days ago

SoftBank-backed Vir Biotechnology's shares tumble in market debut

Vir's disastrous IPO deals another blow to Japan's SoftBank , which is still smarting from the botched initial public offering of WeWork last month following increased investor skepticism regarding the office-sharing startup's path to profitability. SoftBank's $100-billion Visi … | Continue reading


@finance.yahoo.com | 5 days ago

Dropbox, Inc. (DBX) – [Notification of] Class Action

NEW YORK, NY / ACCESSWIRE / October 10, 2019 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Dropbox, Inc. ("Dropbox" or the Company") (DBX) and certain of its officers, on behalf of shareholders who purchased Dropbox Cla … | Continue reading


@finance.yahoo.com | 5 days ago

Apple's Cook defends decision to remove police-tracking app used in Hong Kong

Apple Inc Chief Executive Tim Cook on Thursday defended the iPhone maker's decision to remove a police-tracking app used by protestors in Hong Kong from its App Store, according to a copy of the letter seen by Reuters and confirmed by Apple. "This use put the app in violation of … | Continue reading


@finance.yahoo.com | 6 days ago

Insurer James River shares slide 22% after it cancels policies issued to Uber

Shares of insurer James River Group Holdings Ltd. slid 22% Wednesday, after the insurer said it plans to cancel all policies issued to its biggest customer, Uber's commercial auto business Raiser LLC. "This account has not met our expectations for profitability, and we think it … | Continue reading


@finance.yahoo.com | 7 days ago

US dips in competitiveness index as Singapore takes top spot

The United States is less competitive than it was a year ago and the global economy remains hobbled by low productivity despite a decade of cheap money from central banks, the World Economic Forum said Wednesday. In its latest assessment of the factors behind productivity and lo … | Continue reading


@finance.yahoo.com | 7 days ago

PayPal Writes Down $228M on Investments After Uber

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@finance.yahoo.com | 7 days ago

To Live or Die by Google Search Brings an Escalating Cost

(Bloomberg) -- “Where’s the best place to hide a body? The second page of a Google search.”The gallows humor shows that people rarely look beyond the first few results of a search, but Lee Griffin isn’t laughing.In the 13 years since he co-founded British price comparison website … | Continue reading


@finance.yahoo.com | 7 days ago

Trump tariffs are set to cost U.S. households $2k in 2020

Tariffs are expected to cost American households more than $2,000 per year in 2020, according to a recent report from the National Foundation for American Policy (NFAP). | Continue reading


@finance.yahoo.com | 9 days ago

Drug firms 'colluded' to overcharge NHS by up to 1,800%

The Competition and Markets Authority said three companies broke competition law by agreeing to a drug monopoly in the UK. | Continue reading


@finance.yahoo.com | 11 days ago

Andrew Yang's 257% fundraising surge blows away all other Democratic candidates

The 2020 hopeful and entrepreneur nearly tippled the cash his campaign brought in. | Continue reading


@finance.yahoo.com | 12 days ago

Jeep Dealer’s $50k Sticker Shock Captures Auto Sales Stress

(Bloomberg) -- Robert Loehr’s dealership is hanging in just fine, much like Fiat Chrysler Automobiles NV’s sales did last quarter. But just as investors doubt the U.S. car market can sustain near-record results for much longer, the Georgia retailer is apprehensive about a key iss … | Continue reading


@finance.yahoo.com | 13 days ago

Plumbers salaries close to that of doctors when student loans factored in (2011)

Javascript is needed to play this video The value of a college education has been a hot topic of discussion here at Tech Ticker.  Now there's more fodder for debate. A new study from Princeton University shows that expensive college degrees are not necessarily worth the lofty pri … | Continue reading


@finance.yahoo.com | 16 days ago

Amazon uses third-party seller data to build a private label juggernaut

Former Amazon employees confirm third-party sellers' concern on how their data are used. Regulators are taking a closer look. | Continue reading


@finance.yahoo.com | 19 days ago

The Wealthiest Families Are Stockpiling Cash as Recession Fears Grow

(Bloomberg) -- Rick Stone, a former partner at Cadwalader, Wickersham & Taft, sees treacherous times ahead for family offices trying to deploy cash.The head of Stone Family Office said he doubts the bond market will provide any real return over the next decade, that equity market … | Continue reading


@finance.yahoo.com | 23 days ago

Rogue Oil Trader Causes $320M Loss at Mitsubishi Corp. Unit

(Bloomberg) -- Mitsubishi Corp. said a rogue oil trader at its Singapore unit lost $320 million in unauthorized transactions disguised as legitimate hedges for customers.The employee, a Chinese national working at Petro-Diamond Singapore Pte, has been fired and reported to police … | Continue reading


@finance.yahoo.com | 26 days ago

Corporate America Has Found a Way to Turn a Profit Off Being Green

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@finance.yahoo.com | 26 days ago

Crown Sterling Decrypts RSA Asymmetric Public Keys in Live Demonstration

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@finance.yahoo.com | 26 days ago

Datadog Raises $648M in U.S. IPO Priced Above Target

(Bloomberg) -- Datadog Inc. raised $648 million in its U.S. initial public offering, pricing its shares above an already increased target range.The New York-based software company sold 24 million shares Wednesday for $27 each after marketing them at $24 to $26, according to data … | Continue reading


@finance.yahoo.com | 27 days ago

Cisco Offered $7B-Plus for DataDog as Company Prepares to IPO

(Bloomberg) -- Cisco Systems Inc. approached software company Datadog Inc. in recent weeks with a takeover offer significantly higher than the $7 billion valuation it is aiming for in an initial public offering, according to people familiar with the matter.Datadog rebuffed the ad … | Continue reading


@finance.yahoo.com | 28 days ago

Coalfire believed the agreement allowed physical security assessments

Global cybersecurity firms such as Coalfire involved in technical testing are professionally contracted to simulate attacks using the same techniques any attacker may use to test the company's defenses so that they can remedy their vulnerabilities before a real-world incident occ … | Continue reading


@finance.yahoo.com | 28 days ago

Datadog looks to raise about $718M in IPO at $7B Valuation

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@finance.yahoo.com | 29 days ago

0Chain's DStorage Teams Up with Oracle Blockchain

SAN JOSE, Calif. , Sept. 16, 2019 /PRNewswire/ -- 0Chain LLC, a Gold level member of Oracle PartnerNetwork (OPN), today, announced a collaboration with Oracle to provide Hyperledger Fabric customers a ... | Continue reading


@finance.yahoo.com | 1 month ago

AWS Quantum Ledger Database

Today, Amazon Web Services, Inc. (AWS), an Amazon.com company (AMZN), announced the general availability of Amazon Quantum Ledger Database (QLDB), a fully managed service that provides a high-performance, immutable, and cryptographically verifiable ledger for applications that ne … | Continue reading


@finance.yahoo.com | 1 month ago

Apple TV+ wil launch in November for $4.99/month

Apple announced the launch date and price for its Apple TV+ service, and dropped a trailer for another original show. | Continue reading


@finance.yahoo.com | 1 month ago

Shopify to buy warehouse technology provider for $450M

Shopify unveiled plans in June to spend over a billion dollars to build and operate its fulfillment network in the United States to take on the likes of Amazon.com Inc and eBay. The deal, which consists of about 60% in cash and 40% in Shopify Class A subordinate voting shares, w … | Continue reading


@finance.yahoo.com | 1 month ago

Probability 101: How Not to Be a Sucker

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@finance.yahoo.com | 1 month ago

Cloudera Acquires Arcadia Data

NASA's NuSTAR X-ray observatory saw a flash of light that could be produced only by an extremely energetic event. Scientists are investigating what could have caused the flare. | Continue reading


@finance.yahoo.com | 1 month ago

The Big Short’s Michael Burry Explains Why Index Funds Are Like Subprime CDOs

(Bloomberg) -- For an investor whose story was featured in a best-selling book and an Oscar-winning movie, Michael Burry has kept a surprisingly low profile in recent years.But it turns out the hero of “The Big Short” has plenty to say about everything from central banks fueling … | Continue reading


@finance.yahoo.com | 1 month ago

Frank Abagnale: Never do these things because that's me stealing your identity

Former con-artist Frank Abagnale, famously portrayed by Leonardo DiCaprio in the film 'Catch Me If You Can,' is out with a new book titled 'Scam Me If You Can: Simple Strategies to Outsmart Today’s Rip-off Artists.' | Continue reading


@finance.yahoo.com | 1 month ago

America’s Wealth Hinges on Its Ability to Borrow Big – Or Else

(Bloomberg) -- The U.S. economy is consistently ranked among the world’s strongest. But cut off its addiction to debt and exhaust its gold and currency reserves, and a very different picture would emerge.The nation’s health as measured by gross domestic product per capita would p … | Continue reading


@finance.yahoo.com | 1 month ago

When Elon Met Jack: Musings on AI, Mars and the End of Civilization

(Bloomberg) -- Tesla Inc. Chief Executive Officer Elon Musk and Alibaba Group Holding Ltd. Chairman Jack Ma, two of the leading luminaries in the technology world, sparred against each other on Thursday on subjects ranging from the dangers of artificial intelligence, the need to … | Continue reading


@finance.yahoo.com | 1 month ago

Most Canadians Are Now Better Off Than Most Americans

(Bloomberg Opinion) -- Everybody knows that the U.S. version of capitalism is rougher and tougher than is the norm in other affluent countries. The rich are richer here, the poor poorer and the welfare state less exhaustive. Not surprisingly, the U.S. scores poorly versus other r … | Continue reading


@finance.yahoo.com | 1 month ago

Costco China forced to close early, overcrowding on it's opening day

Costco enters China to an overwhelmingly positive response among shoppers. | Continue reading


@finance.yahoo.com | 1 month ago

Negative Rates Are Coming for Your Savings

(Bloomberg Opinion) -- First they came for central banks, then they came for government bonds, then they came for rich depositors. Then they came for me.Negative interest rates are coming for us all, in one form or another, as central banks redouble their efforts to avert a globa … | Continue reading


@finance.yahoo.com | 1 month ago

Google DeepMind Co-Founder Placed on Leave from AI Lab

(Bloomberg) -- The co-founder of DeepMind, the high-profile artificial intelligence lab owned by Google, has been placed on leave after controversy over some of the projects he led.Mustafa Suleyman runs DeepMind’s “applied” division, which seeks practical uses for the lab’s resea … | Continue reading


@finance.yahoo.com | 1 month ago

Russia's Rosneft to switch to euros in oil products tenders

Russia's Rosneft, one of the world's top oil producers and exporters, has notified customers that future tender contracts for oil products will be denominated in euros not dollars, five trading sources told Reuters. Rosneft, which accounts for over 40% of oil output in Russia, p … | Continue reading


@finance.yahoo.com | 1 month ago

Luxury Homebuilder's Woes Show Mounting U.S. Slowdown Fears

(Bloomberg) -- Wealthy buyers are pulling back from some of the most expensive housing markets in the U.S., the latest sign that sky-high prices and fears of a recession are weighing on a key sector of the economy.Toll Brothers Inc., the nation’s largest publicly traded luxury-ho … | Continue reading


@finance.yahoo.com | 1 month ago

D.B. Cooper: How a thief jumped out of a plane and vanished into thin air

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@finance.yahoo.com | 1 month ago

Is real Satoshi Nakamoto is almost revealed?

Brace yourselves, good people…The "real" Satoshi Nakamoto could be about to reveal himself as the true inventor of Bitcoin. A company called Satoshi Nakamoto Renaissance Holdings is claiming that this will happen in three instalments, starting today. It will include his real name … | Continue reading


@finance.yahoo.com | 1 month ago

Bitcoin’s race to outrun the quantum computer

The world’s best cryptographers meet this week to compete in a U.S.-sponsored challenge to create a quantum-resistant standard. | Continue reading


@finance.yahoo.com | 1 month ago

Uber spent $200k a year on balloons for its employees

Uber has dropped a scheme which saw it spend more than $200,000 (£165,000) a year on balloons for its employees. | Continue reading


@finance.yahoo.com | 2 months ago

China nationalists hijack pro-Hong Kong protest T-shirt listings on Amazon

Chinese people take action against T-shirts on Amazon with slogans that support anti-government protesters in Hong Kong. | Continue reading


@finance.yahoo.com | 2 months ago

Facebook Paid Contractors to Transcribe Users’ Audio Chats

(Bloomberg) -- Facebook Inc. has been paying hundreds of outside contractors to transcribe clips of audio from users of its services, according to people with knowledge of the work.The work has rattled the contract employees, who are not told where the audio was recorded or how i … | Continue reading


@finance.yahoo.com | 2 months ago

Jack Dorsey: The enigmatic CEO who could save – or break – Western democracy

Twitter CEO Jack Dorsey is an astonishingly gifted, driven, and “super weird and strange” guy, as he has put it, whose actions — and inactions — may determine the fate of the free world. | Continue reading


@finance.yahoo.com | 2 months ago

Uber imposes engineer hiring freeze as losses mount

Uber is imposing a hiring freeze on engineers in the U.S. and Canada as loses mount. | Continue reading


@finance.yahoo.com | 2 months ago

Uber imposes engineer hiring freeze as losses mount

The San Francisco-based ride-sharing giant is turning away some job candidates, citing a "hiring freeze." | Continue reading


@finance.yahoo.com | 2 months ago