Photo/Ahn Young-joon Sometimes the consumer electronics industry tries to sell a new technology that consumers thoroughly reject — and as a result, it goes on the trash pile of products that were "before their time,"Here's a great example: 3D TV, which is officially dead.The last two TV makers to build 3D functionality into their sets, LG and Sony, will not build any new sets this year that can show
Barclays analysts said they do not see "meaningful upside potential" in Apple stock in a note distributed to clients on Tuesday.Basically, Barclays analyst Mark Moskowitz believes that investors are putting too much stock in the iPhone 8 "supercycle" later this year.Apple is expected to release a significantly redesigned iPhone this fall that some analysts believe will return the product line to sales growth given the large buildup of current iPhone users waiting to upgrade."Our chief concern is that investors increasingly are hoping for a meaningful exit rate i.e., 10%-plus year-over-year unit growth led by the iPhone 8 cycle in the second half of 2017.Our view is that customers increasingly mixing down iPhone 6S in favor of iPhone 7 and maturation of the device-centric consumer electronics adoption wave could weigh on both Apple and the smartphone market," Moskowtiz wrote.Ultimately, Barclays still believes that Apple is a good stock to long-term investors, especially given the company's large cash balance and products that retain customers from year-to-year."Long-term growth opportunities related to India, services, the enterprise, artificial intelligence, and maybe even the Cloud still exist; however, we do not expect these potential 'what s next?'opportunities to emerge as major needle movers over the next 12 months for Apple s model," Markowitz wrote.Barclays downgraded the iPhone maker from "overweight" to "equal weight" and dropped its price target to $117 from $119.
For Aryeh Bourkoff, the star tech, media, and telecom TMT banker and founder of the boutique bank LionTree, 2017 will be a year of uncertainty.But it will also be ripe with opportunity, especially in the TMTThat's the message Bourkoff gave his team in a year-end letter sent out in December.
Vivos The Silicon Valley elite may be among the most active — and potentially successful — doomsday preppers, according to a riveting new essay in The New Yorker.Leaders of industry from Silicon Valley to Wall Street are joining the survivalism movement, The New Yorker's Evan Huffman, cofounder and CEO of Reddit; Marvin Liao, a former Yahoo executive and a partner at 500 Startups; and Robert A. Johnson, a managing director of hedge fund Soros Fund Management.
A rough start to the week for Qualcomm stock following a week that brought some major bad news in the form of an FTC antitrust complaint and a one $1 billion or so suit from one-time ally Apple.The chipmaker was already stumbling from an FTC complaint a week back that accused the company of instituting a no license, no chips policy that instituted higher fees and held down competitors, according to the commission.On Friday, Apple piled on, accusing Qualcomm of exclusionary tactics and excessive royalties.While Qualcomm has stood firm, calling Apple s accusations baseless and suggesting that the iPhone maker of misrepresenting facts and withholding information in order to help bring about charges from the FTC and around the world, Wall Street is seemingly troubled by the mounting accusations against the San Diego-based component manufacturer.Qualcomm s morning kicked off with a tumble, dropping 11-percent shortly after the bell this morning.The company says it looks forward to proving itself in court in the face of mounting blowback over monopolistic claims, but the company has already been hit with fines recently, including 1.03 trillion won $853 million from a South Korean antitrust regulator just before the end of the year.
LONDON — Lloyds Bank was hit by a sustained cyber attack from overseas earlier this month that aimed to crash the lender'sThe so-called "Denial of Service" DoS attack, first reported by the Financial Times and confirmed by Business Insider, lasted from the morning of January 11 to theCyber attacks repeatedly tried to overwhelm the bank's servers with requests in a bid to crash its
www.media.tumblr.comVisible Alpha, a startup backed by five banks, is acquiringThe two firms help investors answer two key questions in theWhat is your investment recommendation based on?Wall Street research analysts have lots of ways to communicate their opinions to investor clients.They can be neutral or have a hold rating.
A total of 3,889 victims were defrauded out of £39 million from online-dating fraud in 2016 according to the National Fraud Intelligence Bureau, the BBC reports.Each victim loses £10,000 on average, the deputy head of the UK's cybercrime reporting centre Action Fraud told the BBC. number of victims has risen from 2,824 in 2013, figures from the
For years, Samsung has announced its flagship Galaxy S smartphones ahead of Mobile World Congress MWC , a major industry conference held in Barcelona in February or March.But after the Galaxy Note 7 exploding smartphone debacle, that'sThe South Korean electronics company has opted not to launch its expected S8 smartphone at MWC this year, Reuters reports — raising the possibility that the
DAVOS, Switzerland — Richard Lumb, the CEO of Financial Services at Accenture, told Business Insider a story about his 16-year-old daughter that summed up the problem Britain has in finding enough skilled workers for new jobs in highly-skilled STEM areas science, tech, engineering, and maths ."I do think the government needs to respond and get to the source
Without a doubt, the potential Snap IPO this year is one of the most anticipated developments for entrepreneurs and venture capitalists.With the IPO market hitting a slump the last two years, despite a decent economy, hope abounds that a strong Snap could repair the broken relationship between tech startups and Wall Street.In advance of a possible Snap IPO, the data visualization specialists at Geckoboard have pulled together a range of interesting data about which tech IPOs have been winners and losers over the past decade.The numbers contain some surprises, as well as offering good perspective about how some of the most familiar names performed.First, it s worth noting that of the 100 largest tech companies that went public over the past decade, 67 percent are currently trading up.That s a pretty good track record.What are the odds that Snap will end up on the right side of the winners-losers line?According to Geckoboard, the projected $25 billion valuation of the Snap IPO would make it the fourth largest tech IPO in the past 10 years.That number would make it bigger than the IPOs of notable names like LinkedIn, Tesla Motors, and Atlassian.Indeed, it would be the biggest U.S. tech IPO since cough, cough Twitter, which has lost about half of its valuation.So, which are the most successful IPOs?
Later this year, the best-selling Scarpa Maestrale ski boot will shave 5 ounces off its weight and gain more flexibility.So why is the outdoor footwear company planning on updating the Maestrale in the fall of 2017?Because it has found some interesting and innovative ways to make an already outstanding boot even better.At the Outdoor Retailer convention in Salt Lake City a couple of weeks back, Scarpa unveiled an all new version of the Maestrale RS, and the Gea RS, which is the women s version of the popular boot.That brings a size 27 U.S. size 9 boot down to an impressively light 3 pounds, 2 ounces, making it one of the lightest touring boots available today.In a sport like skiing, where the weight of the gear can add up quickly, dropping five ounces is much appreciated.
What is the Asustor AS3202T?A two-bay NAS with a high-end quad-core processor for fast file transfers and video transcoding, and an HDMI output so you can show those videos on your TV.There are no fancy slide-out trays for your disks; once you ve taken the metal case off, the inside is all bare metal like a cheap PC case but without the sharp edges, at least .The quad-core 1.6GHz Intel Celeron processor is seriously powerful by NAS standards, so the AS3202T shouldn t have a problem transferring files at a rate of knots and streaming video over your network.You can use the setup CD in the box, a mobile app or go to start.asustor.com.Considering RAID 0 will lose all your data if one drive fails, it s more of a high-performance, high-risk configuration than a balanced one.
Apple is suing one of its biggest partners, Qualcomm for $1 billion, alleging witholding of promised rebates and inflated patent prices.The lawsuit comes just days after the Federal Trade Commission FTC in the US sued Qualcomm over alleged anticompetitive practices to maintain a monopoly in the semiconductor market for mobile phones.Qualcomm denied the allegations in a statement, saying the FTC's "central thesis", i.e.that the firm withheld processors to gain exclusive licensing agreements, is "wrong".Apple claims the San Diego-based chipmaker withheld the rebates because of the Apple's involvement in an investigation carried out by South Korea's anti-trust regulator, the Fair Trade Commission.The regulator fined Qualcomm 1.03 trillion won $853 million in December for allegedly violating competition laws.
Amazon is currently offering UK shoppers £10 off every order over £50.The company is celebratingfinishing top of the UK Institute of Customer Service rankings for the second year running.All shoppers need to do is add the promo code BIGTHANKS when they checkout.Save £10 on every £50 on Amazon right nowThere are some exceptions, the code cannot be used to buy gift cards, AmazonFresh orders, digital products, baby formula and Marketplace orders.However, if you wanna save a tenner on a piece of gadgetry you've been eyeing for a while, here's your chance.
Nintendo has confirmed the belated release of Legend of Zelda: Breath of the Wild on Wii U will be the last ever game made for the system.Speaking to Polygon, Nintendo of America boss Reggie Fils-Aime, confirmed there s no new development in the pipeline.He said: From a first-party standpoint, there's no new development coming after the launch of the legend of Zelda: Breath of the Wild.We really are at the end of life for Wii U. Fils-Aime did specify first-party development, but given the Wii U enjoys next to no third-party support, it s one and the same.Nintendo announced it would be ending Wii U production soon in mid-November last year.
Four cemeteries, from which at least 123 individuals have been excavated so far, have been unearthed near the remains of a medieval Christian monastery in Sudan.The cemeteries and remains, which have been excavated over the past two years, are located at a monastery called al-Ghazali near the Nile River.The people who were buried there lived about 1,000 years ago, during a time when a series of Christian kingdoms flourished in the area, according to Robert Stark, a doctoral student at McMaster University in Hamilton, Ontario, who presented the findings this month in Toronto at the joint annual meeting of the Archaeological Institute of America and the Society for Classical Studies.The discoveries include well-preserved burial shrouds that in a few instances still cover the skulls of the deceased, Stark said.In one cemetery, some people were buried in mysterious ways: For example, two individuals were found with post-mortem cut marks incised in their bones.See Photos of the Massive Burial Ground and Monastery
And so the transition of power begins.First up is the WhiteHouse.gov site where several pages are now changing or altogether disappearing — including a page on lesbian, gay, bisexual and transgender rights.It s just been over an hour since Trump took office and whitehouse.gov/lgbt has now been replaced by a Trump transitionsplash page.The Obama administration introduced the White House LGBT page to highlight major legislative achievements, historic court victories and important policy changes for gay and transgender people.The page also shined a spotlight on certain campaigns for gay rights such as the It Gets Better campaign to help those in the LGBT community struggling with thoughts of suicide.That campaign, as of this writing, still redirects to a Strengthening Civil Rights page.
The day before Donald Trump won the election over Hillary Clinton, the Swedish ad agency Round & Round put out an invitation to all Americans: Escape Trump.Two months later, the nearly 900 applications the agency has"A lot has happened since November," Round & Round's head of content, Nahir Aslan, told the Swedish edition of the Local news site on Friday, the day Trump became the 45th US president.
Various other genes on the list are likely to help the pandas' digestion.Some of the genes are known to be involved in protein digestion, while others help with the uptake of vitamins A and B12, which are in low supply in bamboo.And in both species, the umami taste receptor gene has been pseudogenized —it can no longer produce a functional protein.Umami is a critical taste sense for meat-eating animals, the authors write, and the loss of function may be an evolutionary response to the dietary shift from carnivory and omnivory to herbivory.