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Alibaba founder Ma says will 'seriously consider' Hong Kong listing

SHANGHAI/HONG KONG (Reuters) – Alibaba Group Holding Ltd (BABA.N) will “seriously consider” listing in Hong Kong, founder Jack Ma said, marking a potential boon for the financial hub which recently decided to move towards allowing dual-class share listings. Ma made the comments at an event in the city on Monday in response to remarks made […]

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VTech to settle charges it violated children's privacy: U.S. FTC

WASHINGTON (Reuters) – Electronic toymaker VTech has agreed to settle charges that the company violated a U.S. children’s privacy law by collecting personal information without providing notice or obtaining parental consent, the Federal Trade Commission said on Monday. Hong Kong-based VTech Electronics Ltd and its U.S. subsidiary agreed to pay $650,000 to settle the charges […]

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Bitcoin Boom: Why Gain Capital Is Likely Going Much Higher In 2018

Source: techjuice.com Bitcoin Boom: Why Gain Capital Is Going Significantly Higher In 2018 Gain Capital Holdings Inc. (GCAP), a relatively small investment brokerage firm based out of the U.S. has seen an unusual uptick in volume the past few sessions. The increased interest in the stock is due to the company’s recent announcement that it […]

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Walgreens' Surprise Earnings Sell-Off Could Be Just The Beginning

Walgreens Boots Alliance (WBA) recently reported earnings, which I covered and predicted in Exposing Earnings. I predicted WBA would sell off on earnings, taking a short position and recommending my subscribers do the same. I urged my subscribers to take their profit at the end of the day, Jan 4, as my algorithms pointed to […]

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Nvidia partners with Uber, Volkswagen in self-driving technology

LAS VEGAS (Reuters) – Nvidia Corp will partner with Uber Technologies Inc [UBER.UL] and Volkswagen AG (VOWG_p.DE) as the graphics chipmaker’s artificial intelligence platforms make further gains in the autonomous vehicle industry. The company, which already has partnerships in the industry with companies such as carmaker Tesla and China’s Baidu, makes computer graphics chips and […]

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How Meltdown and Spectre Were Independently Discovered By Four Research Teams At Once

On a cold Sunday early last month in the small Austrian city of Graz, three young researchers sat down in front of the computers in their homes, and tried to break their most fundamental security protections. Two days earlier, in their lab at Graz’s University of Technology, Moritz Lipp, Daniel Gruss, and Michael Schwarz had […]

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Does This 'Black Mirror' Fan Theory Mean We're Finally Ready For the Singularity?

When Black Mirror first hit the air in 2011, it drew invariable comparisons to The Twilight Zone. Understandably so: Both shows dealt with elements of science fiction and psychological horror, and both functioned as anthology shows, with episodes so distinct from one another that an uninitiated viewer could plunge in at random and be as […]

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German opposition calls for abolition of online hate speech law

BERLIN (Reuters) – Germany’s opposition parties on Sunday called for the abolition of a new law that aims to rid social media of hate speech, saying it was wrong for private companies to be making decisions about whether posts are unlawful. The legislation, which came into force on Jan. 1, can impose fines of up […]

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Congratulations, Your Income Is Too High: Non-Deductible IRA Conversions – Part 2

In part 2 of our “Congratulations, Your Income Is Too High” series, we continue our examination of non-deductible IRA contributions. In the first part of the series, we analyzed the merits of making after-tax contributions into a Traditional IRA. The benefits of trading annual taxes on investment income for deferred taxes with a built-in future […]

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Tech Stocks Soared In 2017. That Could Hurt You In 2018

In recapping the stock market’s strong performance in 2017, the bulls invariably laud the tech titans as the force that, more than any other, propelled the S&P 500 and the Nasdaq to record after record. It’s chiefly the power of these world champions, the Wall Street crowd crows, that will make 2018 another double-digit winner […]

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GoPro Lays off Hundreds of Workers In Its Karma Drone Unit

GoPro’s new year has begun with a round of layoffs, primarily affecting the company’s Karma drone business unit. Around 200 to 300 workers were laid off this week, according to a report Thursday by tech news site TechCrunch that cites unnamed sources. The report highlights an internal letter to laid off workers that said the […]

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