Some major brokerage houses have begun to respond to a frenetic surge in the price of shares of companies that has been attributed to rabid buying by individual investors on social-media platforms. From a report: On Wednesday, TD Ameritrade said it was restricting trading for GameStop and AMC Entertainment Holdings, as well as other names, amid a triple-digit percentage surge in…
Tag: price
Despite SolarWinds Cyberattack, Microsoft’s Azure Business Predicted to Benefit
“Microsoft Corp. was wrapped into a massive cybersecurity attack late last year,” reports MarketWatch, “but the unprecedented intrusion may actually end up being a positive for the company’s bottom line.” UBS analyst Karl Keirstead, who has a buy rating and a $243 price target, said while Microsoft products were leveraged by hackers in the attack on SolarWinds Corp.’s Orion IT management…
‘We Messed Up’. Microsoft Rescinds Xbox Live Gold Price Hike
“We messed up today,” the Xbox Live Gold team wrote late Friday night, “and you were right to let us know.” Their blog post’s new title? “No Changes to Xbox Live Gold Pricing, Free-to-Play Games to be Unlocked.” Forbes reports: It has been a very strange few days for Microsoft and Xbox fans. On Friday, Microsoft announced that for effectively no…
US Treasury Nominee Yellen Wants to Encourage Cryptocurrencies — ‘For Legitimate Activities’
Business Insider reports: The bitcoin price was set for its biggest one-week fall since September on Saturday morning, having slipped around 10% since Monday… Bitcoin came under selling pressure this week after Janet Yellen, Joe Biden’s pick for Treasury secretary, suggested the use of cryptocurrencies should be “curtailed” because they were used mainly for “illicit financing”. Writing at Nasdaq.com on Thursday,…
Are We Slowing Global Warming?
This week New York Magazine featured a new article by journalist David Wallace-Wells about the state of the fight against global warming. He warns that “Already, the planet is warmer, at just 1.2 degrees, than it has ever been…” But there’s also some good news:
Just a half-decade ago, it was widely believed that a “business as usual” emissions path would bring…
iFixit Says Teardown of AirPods Max Made Competitors Look Like Toys
After looking at the innards of Apple’s new over-the-ear headphones, the AirPods Max, tech site iFixit concluded that the intricate engineering made the lofty $550 price seem almost reasonable. iFixit cracked open the headphones and in summation said, that after looking at competitors, “internally, the AirPods Max’s obsessive craftsmanship makes those other extremely capable devices look like toys by comparison.”
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Qualcomm’s New Snapdragon 870 Reheats the Snapdragon 865 for 2021 Phones
Qualcomm has announced a new mobile phone processor: the Qualcomm Snapdragon 870, a successor to last year’s Snapdragon 865 and 865 Plus models. To be clear, the 870 isn’t a new next-gen design — that title goes to the Snapdragon 888, which makes far more substantial improvements in performance and new features. From a report: The 870, on the other hand,…
Superconducting Microprocessors? Turns Out They’re Ultra-Efficient
Long-time Slashdot reader AmiMoJo quotes IEEE Spectrum: Computers use a staggering amount of energy today. According to one recent estimate, data centers alone consume two percent of the world’s electricity, a figure that’s expected to climb to eight percent by the end of the decade. To buck that trend, though, perhaps the microprocessor, at the center of the computer universe, could…
Amazon.com and ‘Big Five’ Publishers Accused of eBook Price-Fixing
Amazon.com and the “Big Five” publishers — Penguin Random House, Hachette, HarperCollins, Macmillan and Simon & Schuster — have been accused of colluding to fix ebook prices, in a class action filed by the law firm that successfully sued Apple and the Big Five on the same charge 10 years ago. The Guardian reports: The lawsuit, filed in district court in…
The Galaxy S21 and S21+ Are Samsung’s New, More Affordable Flagships
An anonymous reader shares a report: 2020 was the year Samsung was forced to rethink its smartphone strategy. A pandemic-fueled global decline in sales and a frosty reception to its S20 lineup and the Galaxy Note 20, left Samsung looking up to another company for the first time in years. However, out of that moment came its most practical phone in…