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Mark Zuckerberg Testifies In Court, Reveals Oculus Cost $3B Instead Of $2B

Jan 18, 2017 11:00 am UTC| Technology Law

When Oculus was acquired by Facebook as a promising startup, it was revealed that it cost the social media company $2 billion. After sitting on the witness stand, the social networks founder, Mark Zuckerberg said that he...

Memory Implants Come Closer To Reality, No Need To Cheat During Exams

Jan 18, 2017 09:36 am UTC| Technology

As the world progresses to a more technologically advanced state, it has had a staggering effect on the attention span and memory of humans. With the prospect of challenges related to retaining good memory as people age...

Renewable Energy First, Renewable Electronics Follow

Jan 18, 2017 09:01 am UTC| Technology

Much of the focus regarding the fight for environmentally friendly technology revolves around renewable energy, forgetting that there are also other facets of modern industries that cause harm. Electronics are prime...

US Suing Qualcomm Over Accusations Of Strong-Arming Apple Into Anti-Competition Deal

Jan 18, 2017 08:00 am UTC| Technology Law

The U.S. Federal Trade Commission is currently suing the chip maker Qualcomm, accusing it of forcing Apple to only use its chips for its devices and cutting off the competition. This puts the government agency directly in...

Facebook To End Live Compensation, Shifts Focus To Video Instead

Jan 18, 2017 07:59 am UTC| Technology

Last year, Facebook launched its live streaming service called Facebook Live with huge fanfare. Spending over $50 million, the social media site paid celebrities and professional content producers to drum up some business....

How to be human when technology is driving the new industrial revolution

Jan 17, 2017 15:29 pm UTC| Technology

As the World Economic Forum convenes in Davos, on the agenda for the assembled super-rich, politicians and celebrities will be the implications of a dramatic and impending shift in how our world works. This transition, the...

Detecting methane leaks with infrared cameras: They're fast, but are they effective?

Jan 17, 2017 15:14 pm UTC| Insights & Views Technology

Methane is the major component of natural gas, which heats our homes and recently surpassed coal as the top fuel for generating electricity in the United States. But methane is also a powerful greenhouse gas that...

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Economy

Brexit to have little impact on eurozone growth prospects in 2017 - Schaeuble

German Finance Minister, Schaeuble, speaking on the German growth prospects and on Brexit at the World Economic Forum (WEF) in Davos said that Brexit is likely to have little impact on eurozone growth prospects in...

Too early to discuss ECB tapering, says Benoit Coeure

The European Central Banks executive board member Benoit Coeure speaking on the central banks monetary policy programme at Davos told CNBC that ultra-loose monetary policies will not last forever. However, he added that it...

Chart of the Day: Shrinking margins

This interesting chart, shared by Soberlook.com shows the difference between the input and output components of producer price index (PPI) for the United Kingdom. The recent drop in the pound has accelerated the input...

Steven Mnuchin supports strong dollar

Steven Mnuchin, a former Goldman Sachs banker and the 45th President of the United States pick as the treasury secretary asserted in his support for a stronger dollar at the Senate confirmation hearing, which is striking...

China’s capital outflows mean tweaking of controls

There was further confirmation from SAFE yesterday that the Chinese authorities will continue to tweak the current system of capital controls to discourage and prevent capital outflows intensifying even further. The recent...

Politics

Theresa May confirms it'll be a hard Brexit – here's what that means for UK trade

Today, Theresa May confirmed that the UK government intends to leave the EUs single market and customs union. The consequences of this decision from a trade perspective should not be underestimated. The single market...

Liberal or conservative? Most of our beliefs shift around

One common reaction to the election of Donald Trump (and perhaps to a lesser extent, the Brexit vote) among liberals like me is an expression of dismay that some of our fellow citizens are more racist and more sexist than...

Trumpus Andronicus? What the Byzantine Empire can tell us about the rise of populist leaders

The approaching Donald Trump presidency has taken quite a battering from historians. Comparisons have abounded with the 20th centurys greatest villains, including Adolf Hitler and Benito Mussolini, even if some have...

How progressives can still make change in the age of Trump

Things are not looking good for American progressives. President-elect Donald Trump is poised to put in place many regressive policies in his quest to make America great again that are fundamentally at odds with what...

When politicians become pundits

Former prime minister Tony Abbotts weekend column in The Australian was a good example of professional politicians intervening in the public debate through guest punditry. Abbott has a journalistic background, and is...

Science

Why we should send Bill Gates to Mars

Bill Gates, along with a few of his billionaire friends, has launched a US$1 billion fund to support research into energy technologies that will help us address climate change. The idea behind Breakthrough Energy...

Bee Makes Endangered Species List, Scientific Community Alarmed

Bees are often considered the single most important pollinators in the natural world, helping to spread life all across the land by coming in contact with pollens and spreading them everywhere. Now, one species of these...

Scientists Create Li-Ion Batteries With Built-In Fire Extinguishers

Following the wake of widely covered incidents involving exploding lithium-ion batteries in products like the infamous hoverboard and the unfortunate Samsung Galaxy Note 7, the fire hazard posed by the power source has...

Astronomers spot strange, bow-like structure in Venus' atmosphere

Venus is known both as the planet of love and the Earths evil twin. And although research suggests its environment is more hellish than romantic, theres actually a lot we dont know about our celestial neighbour. Now...

Menopause Reversing Treatment To Start Clinical Trials

A lot of things in life are thought to be irreversible and menopause has been one of the most devastating for a lot of women. Now, a new treatment that is meant to reverse menopause is about to go on clinical...

Technology

Government Green Lights Building Of Atlantis, Construction Begins in 2019

When talking about cities of the future, most people often think of major landmasses floating in the sky. Before getting there, however, it seems engineers are looking at solving the floating aspect first and they are...

Mind-Controlled Robot ‘Teleport Helps The Disabled Move Around

It would seem that the world of robotics is progressing at an exponential rate, with advances in artificial intelligence and cybernetic mimicry leading the charge. Now, machines that can be controlled via neural interface...

Meitu App Makes Users Look Like Cute Anime Characters And Vulnerable To Data Mining

There is a new app in the market that is skyrocketing in popularity of late because it can turn any user into a cute anime character. While the benefits may seem appealing, particularly to a certain otaku-ish segment of...

LG Patent Foldable Smartphones Too; Company Receives Tablet Hybrid Patent

LG seems to be seeking a dominant position in the smartphone market with its foldable phone model. GSMInfo first reported that LGs patent showcases a new smartphone model looking likea merger of two, different parts. The...

Mark Zuckerberg Doesnt Run His Facebook Profile, A PR Team Does

Mark Zuckerberg is one of the most prolific billionaires in the U.S. largely thanks to his activities on Facebook. Having his own Facebook profile has given the social media figure the appearance of accessibility. However,...
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Market-moving news and views, 24 hours a day >

2017-01-20 15:26:23
0m

January 20 07:00 UTC Released

DEProducer Prices YY

Actual

1.0 %

Forecast

1.0 %

Previous

0.1 %

January 20 07:00 UTC Released

DEProducer Prices MM

Actual

0.4 %

Forecast

0.4 %

Previous

0.3 %

January 23 07:00 UTC 37793779m

TRConsumer Confidence*

Actual

Forecast

Previous

63.40

January 23 13:00 UTC 41394139m

SACPI YY*

Actual

Forecast

Previous

2.3 %

January 23 13:00 UTC 41394139m

SACPI MM*

Actual

Forecast

Previous

-0.2 %

January 23 13:30 UTC 41694169m

CAWholesale Trade MM

Actual

Forecast

Previous

1.1 %

January 23 15:00 UTC 42594259m

EZConsumer Confid. Flash

Actual

Forecast

Previous

-5.1 %

January 23 19:00 UTC 44994499m

ARAnnual Industrial Output*

Actual

Forecast

Previous

-2.5 %

January 23 21:00 UTC 46194619m

KRConsumer Sentiment Ind*

Actual

Forecast

Previous

94 bln $

January 24 00:30 UTC 48294829m

JPNikkei Mfg PMI

Actual

Forecast

Previous

52.4 %

Close

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