- Ministers laud strong start to OPEC, non-OPEC oil output cuts
- Sun, 22 Jan 2017 10:10:48 -0500 -
OPEC and non-OPEC countries have made a strong start to lowering their oil output under the first such pact in more than a decade, energy ministers said on Sunday as producers look to reduce oversupply and support prices. "The deal is a success ...All the countries are sticking to the deal ...(the) results are above expectations," Russian Energy Minister Alexander Novak said after the first meeting of a committee set up to monitor the deal. Countries involved in the deal could reduce their output by 1.7 million bpd by the end of the month, Interfax news agency quoted Novak as saying.
- Foxconn CEO says investment for display plant in U.S. would exceed $7 billion
- Sun, 22 Jan 2017 08:46:23 -0500 -
Foxconn, the world's largest contract electronics maker, is considering setting up a display-making plant in the United States in an investment that would exceed $7 billion, company chairman and chief executive Terry Gou said on Sunday. The plans come after U.S. President Donald Trump pledged to put "America First" in his inauguration speech on Friday, prompting Gou to warn about the rise of protectionism and a trend for politics to underpin economic development. Foxconn's proposal to build a display plant, which would be planned with its Sharp Corp unit, depend on many factors, such as investment conditions, that would have to be negotiated at the U.S. state and federal levels, Gou told reporters on the sidelines of a company event.
- Apple files $1 billion lawsuit against chip supplier Qualcomm
- Fri, 20 Jan 2017 20:10:54 -0500 -
Qualcomm is a major supplier to both Apple and Samsung Electronics Co Ltd for "modem" chips that connect phones to wireless networks. The two companies together accounted for 40 percent of Qualcomm's $23.5 billion in revenue in its most recent fiscal year. In the lawsuit filed in U.S. District Court for the Southern District of California, Apple accused Qualcomm of overcharging for chips and refusing to pay some $1 billion in promised rebates.
- Wall Street Week Ahead: Optimism among S&P 500 CEOs as Trump takes power
- Sat, 21 Jan 2017 21:31:09 -0500 -
U.S. President Donald Trump's administration is only hours old, but already a small parade of S&P 500 companies' chiefs have voiced optimism that his promised tax cuts, stimulus spending and deregulation will boost corporate profits. In the days ahead of Friday's inauguration, senior executives from Morgan Stanley , Delta Air Lines and other major U.S. corporations said the Trump White House has already sparked a brighter outlook for business. "There is certainly more reason to be optimistic as we enter 2017 than there was at the beginning of 2016," Morgan Stanley CEO James Gorman said on Tuesday after his bank said profit doubled in the fourth quarter.
- Chief of Taiwan's Foxconn says rise of protectionism unavoidable
- Sat, 21 Jan 2017 22:17:49 -0500 -
The head of Foxconn, the world's largest contract manufacturer of electronic goods and a major Apple Inc supplier, said on Sunday that the rise of protectionism is unavoidable. Terry Gou, chairman of Foxconn, formally known as Hon Hai Precision Industry Co, warned that uncertainties for this year make it tough to have a very clear analysis and outlook, but he said it was clear politics would underpin economic development.
- U.S. bankers tell Europeans to think positively on Trump
- Fri, 20 Jan 2017 08:40:13 -0500 -
By Carmel Crimmins and Pamela Barbaglia DAVOS, Switzerland (Reuters) - U.S. bankers, buoyed by a resurgence in profits, are advising their counterparts in Europe to think positively about the new administration of U.S. President-elect Donald Trump. At the annual gathering of the world's political and business elites in the Swiss resort of Davos, U.S. financiers told investors and overseas' rivals to focus less on Trump's anti-globalization rhetoric and more on his cabinet picks, comprising of Wall Street veterans and corporate bosses. Many European bankers fear Trump, who campaigned on an "America first" platform and who has threatened to impose punitive tariffs on Chinese imports, could trigger a trade war with the world's second-largest economy.
- U.S. department stores steady profitability boat even as sales slide
- Fri, 20 Jan 2017 16:14:06 -0500 -
U.S. department store chains, hit by slowing sales for more than two years, have used layoffs, store closings and cutbacks to maintain one aspect of stability: profit margins. An analysis of two important indicators of retail profitability, gross margins and operating margins, shows retailers like Kohl's Corp , JC Penney Co Inc , Macy's Inc and Target Corp have done a better job at delivering on profitability than maintaining sales growth.
- U.S. bankruptcy court judge OKs $425 million for Avaya loan
- Fri, 20 Jan 2017 17:29:24 -0500 -
A U.S. bankruptcy court judge granted Avaya Inc approval on Friday to tap $425 million of the $725 million loan proposed to carry the telecommunications company through its restructuring, funds the company said were essential to continue operations. Avaya filed for Chapter 11 bankruptcy protection on Thursday to cut its debt of about $6 billion after efforts to sell its call center business and reach a consensual deal with creditors failed. "The company has taken a decisive step to rightsize its balance sheet," Pat Nash, one of the company's attorneys, told Judge Stuart Bernstein at the U.S. Bankruptcy Court for the Southern District of New York.
- Morgan Stanley CEO James Gorman's 2016 pay up 7 pct to $22.5 million
- Fri, 20 Jan 2017 17:09:10 -0500 -
Gorman will receive $22.5 million in total compensation, up from $21 million in 2015, spokesman Mark Lake said in an email. Gorman received a $5 million stock bonus for his performance in 2016, an 8 percent increase from 2015, according to a filing with the U.S. Securities and Exchange Commission. The filing did not provide greater detail on Gorman's total 2016 compensation.
- TrailStone buys Cargill's power and gas group: sources
- Fri, 20 Jan 2017 16:39:10 -0500 -
Commodities trader and investor TrailStone Group has purchased Cargill Inc's gas and power trading group, three sources familiar with the deal said this week. The move, first reported by Sparkspread, comes amid a reshuffling in the power and natural gas industry as private equity firms and hedge funds pour into the space, filling a void left by banks and other longtime players. The banks and others have been pulling back over the past several years as natural gas prices have reached lows not seen in a decade, due to abundant U.S. shale gas and increasingly strict capital requirements and regulations that have pressured banks to reduce their involvement in physical commodities markets.
- Two ways to set up a one-click shortcut for creating a restore point in Windows 10
- Fri, 20 Jan 2017 13:58:00 -0500 -
Manually creating a restore point is a bit of a clumsy process. Check out these two techniques for turning restore point creation into a one-click operation.
- Trump's tech transition: Will the president's new phone change his Twitter game?
- Fri, 20 Jan 2017 13:53:30 -0500 -
US President Donald Trump has officially traded in his personal smartphone for one with limited features, which could impact the way he interacts with social media.
- How to fix slow Android app installations
- Fri, 20 Jan 2017 12:12:33 -0500 -
If you've run into a crawling Google Play Store app installation, check out the fix by way of cache and a handy DNS app called DNS Changer.
- How to enable two-factor authentication for your Apple ID
- Fri, 20 Jan 2017 10:56:44 -0500 -
A hacked Apple account can be worth a lot to a cybercriminal. Protect yourself by enabling two-factor authentication for your Apple ID.
- Why AI is about to make some of the highest-paid doctors obsolete
- Fri, 20 Jan 2017 10:48:13 -0500 -
According to a recent New England Journal of Medicine article, radiology and pathology are particularly susceptible to the power of machine learning.
- Tesla Autopilot lowers crash rate by 40%, proves robots are better drivers
- Fri, 20 Jan 2017 10:11:00 -0500 -
During an investigation into a fatal Tesla wreck, evidence was produced that shows the automaker's AI-powered Autopilot improves vehicle safety.
- Windows 10: Microsoft's enterprise upgrade push 'will pay off in 2017'
- Fri, 20 Jan 2017 09:25:00 -0500 -
Microsoft's offer to upgrade some business customers to Windows 10 for free is the latest in a concerted effort to push firms to begin deployments.
- How Seattle wants to avoid becoming a 'dumb smart city'
- Fri, 20 Jan 2017 09:22:24 -0500 -
Putting the right tech in place, and doing it the right way, is the key for Seattle's smart city goals. TechRepublic talked to Seattle's CIO to find out more about the city's plans.
- Poll: Will Trump improve or harm cybersecurity and digital privacy?
- Fri, 20 Jan 2017 09:06:53 -0500 -
The new administration may trigger profound changes in digital security, encryption, personal privacy, and innovation. Do you think the cybersecurity changes will help or hurt business?
- How to create work-life balance in tech: 7 tips from the C-suite
- Fri, 20 Jan 2017 07:00:03 -0500 -
Disconnecting after work, allowing flexible schedules, and prioritizing personal events as much as work are all keys to finding a balance, tech professionals say.
- Extra, extra! That fake news story might come with malware
- Thu, 19 Jan 2017 16:42:25 -0500 -
Fake news is worrying IT security pros, and there appears to be no end in sight.
- Is Linksys Velop mesh network a smart buy for your small business?
- Thu, 19 Jan 2017 15:28:49 -0500 -
If your small business or home office suffers from wireless dead spots, you might consider a mesh networking device. Meet one of the new players in that realm: Linksys Velop.
- Microsoft offers free Windows 10 upgrades to certain customers
- Thu, 19 Jan 2017 14:08:25 -0500 -
Windows customers who have subscriptions through the Cloud Solution Provider program can now upgrade their Windows 7 and Windows 8.1 PCs to Windows 10 for no cost.
- Why email encryption is failing, and how to fix it
- Thu, 19 Jan 2017 13:53:16 -0500 -
Email encryption is a necessity, yet the masses still aren't adopting the technology. Jack Wallen offers a solution to this urgent security problem.
- Twitter sells its Fabric developer platform to Google
- Thu, 19 Jan 2017 11:03:35 -0500 -
Google recently announced that it was acquiring a host of developer tools from Twitter, including its Fabric platform and its Crashlytics crash reporting system.
- How Mark Shuttleworth became the first African in space and launched a software revolution
- Thu, 19 Jan 2017 09:24:29 -0500 -
In an inside look at the Ubuntu founder and space pioneer, TechRepublic shows what Mark Shuttleworth has learned about innovation, cybersecurity, the future of tech, and planet Earth.
- How Apple will have to earn its next $1 trillion in the cloud
- Thu, 19 Jan 2017 08:54:47 -0500 -
Apple makes great hardware, but that's not the key to its next trillion dollars. Here's why its cloud-based services will be critical to its success.
- 11 US jobs that pay more than $100K
- Thu, 19 Jan 2017 07:00:03 -0500 -
Positions at Apple, Google, and Facebook are included in a Glassdoor list of jobs with six figure salaries at top-rated places to work.
- The intelligent cloud hinges on cloud adoption
- Wed, 18 Jan 2017 15:59:00 -0500 -
The next version of the cloud isn't going to just store data or serve up SaaS--it's going to be useful for decision making and automating processes and for benefiting from AI in cloud apps.
- How to import Access web app data into an Excel workbook for reporting
- Wed, 18 Jan 2017 15:39:00 -0500 -
This two-step process enables you to import Access web app data into Excel, where you can filter, graph, and analyze it to produce meaningful reports.
- How universities are helping fill the smart cities talent gap
- Wed, 18 Jan 2017 15:24:00 -0500 -
Colleges are offering new classes, degrees and certifications to help train the smart city workforce of the future. Continuing education is also an option.
- Under pressure: 4 main stressors for big data leaders
- Wed, 18 Jan 2017 14:42:02 -0500 -
As more companies take on big data projects, the demands on data scientists and IT leaders are increasing. These are the top four big data pressure points.
- Facebook to invest $3B in VR over next decade to reach more users
- Wed, 18 Jan 2017 14:00:11 -0500 -
During an Oculus intellectual property trial, Facebook CEO Mark Zuckerberg said that his company would make a large investment in virtual reality technology to provide a better user experience.
- How to set up two-factor authentication for your Google account
- Wed, 18 Jan 2017 12:57:00 -0500 -
Two-factor authentication is a simple way to add an extra layer of security to your Google account. Here's how to get it set up.
- How AT&T built the data network for Trump's inauguration
- Wed, 18 Jan 2017 11:16:53 -0500 -
This week nearly a million mobile phone users will attend inaugural events in Washington, D.C. Here's how AT&T spent two years and $15 million to prepare for the next president.
- IBM offers the only cloud secure enough for the US Army
- Wed, 18 Jan 2017 11:02:00 -0500 -
IBM recently signed a $62M deal with the US Army to build and operate a private cloud data center in Huntsville, Alabama.
- As Moscow considers ditching Outlook on 600,000 PCs, how hard could Russia's anti-US software laws hit Microsoft?
- Wed, 18 Jan 2017 10:46:00 -0500 -
Is Microsoft now facing the prospect of a mass defection in Russia?
- There's a new Gmail phishing attack going around, and it's fooling everyone
- Wed, 18 Jan 2017 10:40:28 -0500 -
Tech professionals don't generally fall for phishing attacks: They know what to look for and when to be suspicious. One new attack, however, is even fooling the experienced.
- Transhumanism: Should we use robotics to enhance humans?
- Wed, 18 Jan 2017 10:12:49 -0500 -
Many worry about superhuman AI. But what about human augmentation? Here's why transhumanism, a philosophy that considers melding humans and machines, has become an increasingly relevant force in AI.
- Report: 57% of businesses can't find enough IT security pros
- Wed, 18 Jan 2017 10:00:05 -0500 -
IT security decision makers say their teams lack the staff and skills needed to combat sophisticated cyberattacks, according to a new report from Osterman Research and Trustwave.