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Articles related to "technology"

Millennials' favorite stocks include Apple, Tesla, and Warren Buffett's Berkshire Hathaway

  • Millennials' favorite stocks include Apple, Tesla, and Warren Buffett's Berkshire Hathaway.
  • Apex Clearing, a specialist in digital wealth management, analyzed more than 734,000 investment accounts owned by US-based investors with an average age of 31 for its Q4 Millennial 100 report.
  • The 10 most popular stocks, and what percentage of millennial investors' holdings they make up, are shown below.
  • The tech titan behind the iPhone, iPad, and Macbook took first place on the list.
  • Warren Buffett's conglomerate owns businesses such as See's Candies and Geico, and holds billion-dollar stakes in Apple and Coca-Cola.
  • Disney's entertainment empire stretches from Marvel, Star Wars, and Pixar movies to theme parks, merchandise, video games, its new Disney Plus streaming service, and TV networks including ABC and ESPN.
  • The video-streaming service has plowed billions into original movies and TV shows such as "The Irishman" and The Witcher" as it seeks to grow its 167 million subscribers.

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Trump administration 'disappointed' with UK's decision to grant Huawei access to 5G networks

  • WASHINGTON — The Trump administration expressed disappointment in the U.K.'s decision to allow Chinese telecommunications giant Huawei limited access to some British 5G mobile networks.
  • U.S. officials have long complained that Chinese intellectual property theft has cost the economy billions of dollars in revenue and thousands of jobs and that it threatens national security.
  • What's more, the Director of National Intelligence, alongside the heads of the FBI, CIA, NSA, Defense Intelligence Agency, and National Geospatial Intelligence Agency testified before lawmakers in 2018 on potential security risks posed by Huawei and ZTE.
  • The 2012 report and subsequent intelligence briefings on Huawei do not outline specific proof of Huawei's ties to Beijing, but assert the risk of allowing Huawei to supply this critical equipment is too great.
  • Huawei officials have said they have repeatedly asked the Department of Defense to allow the company to submit to a risk mitigation process, but no agreement has ever been discussed.

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Ring doorbell 'gives Facebook and Google user data'

  • Ring doorbells are providing customer data to companies such as Facebook and Google, an investigation suggests.
  • Five companies were receiving a range of information, including names, IP addresses and mobile networks, it said.
  • Ring said it limited the amount of data it shared.
  • But the EFF said Ring was failing to protect users' privacy, noting only one of the trackers it had found was mentioned in the company's privacy policy.
  • Amazon, which bought Ring in 2018 and sells a range of home security cameras as well as doorbells, has been criticised for partnering with at least 200 law-enforcement agencies to carry out surveillance via its devices.
  • One Alabama-based man, who claims a hacker spoke to his children via his Ring camera, is leading a group legal action against the company over the security of its products.

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Kobe Bryant had a second act as an investor after retiring as a basketball legend

  • Kobe Bryant started Bryant Stibel, a $100 million venture-capital fund in 2016 after retiring from the Los Angeles Lakers.
  • Bryant said in a 2016 interview with CNBC that he hoped to be remembered more for investing than for basketball in 20 years.
  • The fund was backed by Bryant and Stibel's own capital, and targeted technology, media, and data companies, The Wall Street Journal reported.
  • Bryant told CNBC in a 2016 interview that he hoped to be remembered for investing more than basketball in 20 years.

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Deep Decarbonization: A Realistic Way Forward on Climate Change

  • To make the reductions required, what’s needed is a new approach that creates incentives for leading countries and industries to spark transformative technological revolutions.
  • The lack of much incentive for deep decarbonization explains why global emissions have increased by nearly two-thirds since 1990, when the United Nations General Assembly formally launched talks that led to the Framework Convention on Climate Change.
  • Making more rapid progress requires changing the facts on the ground — new methods of industrial production and agriculture with radically lower emissions — so that key countries will be willing to do more and powerful groups and companies can mobilize around systemic decarbonization.
  • But fundamental change tends to happen slowly, which means that between the inertia of today’s existing technological systems, investment commitments to high-emitting infrastructure, and the inertia of the climate system there’s a lot of warming in the pipeline.

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In defense of Twitter

  • But the point I’m making is that ordinary people have used Twitter to challenge us to think differently, to tell their stories, people who have typically not been heard through other media channels or platforms.
  • We’ll get to the social impact, but I’ll just ask up front: On a more individual level, do you worry that technologies like Twitter are just bad for our brains and basically addiction-generating machines.
  • Her argument is that social media was initially a boon for democratic activists, but that the gap in resources and organizational capacity have gradually undercut working-class movements and marginal voices and instead bolstered authoritarian groups and people with more power.
  • We need a public space where ordinary people can come together and build communal understandings, debate the ethics and values and norms of the society with one another, without it having to be mediated by an institution or by someone in power.

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The five biggest tech companies now make up 17.5% of the S&P 500 — here's how to protect yourself

  • With Big Tech earnings kicking off this week, the industry's dominance is greater than ever: the five most valuable U.S. companies — Apple, Microsoft, Alphabet, Amazon and Facebook — now account for 17.5% of the S&P 500.
  • That means investors passively putting money into the most popular exchange-traded fund, the SPDR S&P 500 ETF, are heavily, and perhaps unintentionally wagering on U.S. tech companies.
  • Marguerita Cheng, a certified financial planner and the CEO of Blue Ocean Global Wealth, said she has recommended that clients in retirement accounts, which allow for rebalancing without tax implications, shift some money into equal-weighted funds.
  • Paul Pagnato, CEO of wealth management firm PagnatoKarp, said that one of his strategies is to combine passive management with fund managers who are actively focused on the leaders in emerging areas like genomics, 3D printing, autonomous vehicles, the cloud, connected devices and financial technology.

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5 things to know before the stock market opens Tuesday

  • U.S. stock futures were higher Tuesday, but indicating only a partial rebound from Monday's more than 450-point drop in the Dow Jones Industrial Average.
  • Three Dow components reported earnings before the bell: 3M and Pfizer issued mixed quarters, while United Technologies beat on quarterly profit and revenue.
  • Apple, also a Dow component, reports fiscal first-quarter 2020 earnings after the bell Tuesday.
  • Analysts are expecting the tech giant to deliver earnings of $4.55 per share, compared with $4.18 in the year-ago period.
  • Apple's stock increase in recent weeks has led to a number of analysts revising their price targets higher.
  • However, there are still only five confirmed cases in the U.S. President Donald Trump's lawyers are set to finish their opening statements Tuesday, after laying out a multi-pronged defense in Day 2 at his Senate impeachment trial on Monday.

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Chicago's ActiveCampaign raises $100M for an all-in-one marketing and sales automation platform

  • Marketing and sales automation — tools that leverage the advances and data of our digital age to better identify and then interact with customers — is big business, with the whole market expected to generate some $6.6 billion in revenues for related companies by 2025.
  • There is an alternative trend, though, and today a customer experience automation company called ActiveCampaign, catering not just to large enterprises but small and medium businesses too, has raised a large round of funding to build out its own one-stop-shop model.
  • The Chicago-based company is today announcing that it has closed a Series B of $100 million, money that it will use to invest in building out new technology and to expand internationally.
  • The company’s core proposition is that it provides a less fragmented approach to businesses interested in building in some digital marketing or sales tools into their outreach and then considering what to do next.

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Shipamax scores $7M Series A to digitise the logistics back-office

  • Shipamax, the London-based startup and YC graduate that is helping freight forwarders and other logistics companies automate their back-office processes, has raised $7 million.
  • However, realising that the need for digitisation was real but that the market wasn’t large enough for a “VC scale business,” the startup pivoted one more time to develop a toolkit for back-office “process automation” for the global logistics industry.
  • The core Shipamax technology connects to any email inbox or unstructured data source and automatically extracts data from emails and attachments in real-time.
  • The startup says that’s very different to how logistics companies have previously tried to solve the digitisation problem, typically via optical character recognition (OCR) tools such as Abbyy.
  • “The problem with OCR technology is that each company has to start from scratch – setting up hundreds of ‘templates’ to capture important fields and implementing ‘rules’ to interpret this data,” says Shipamax.

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