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Wall Street rises on US-EU trade deal hopes, tech gains

July 26, 2018 channelnewsasia Leave a Comment

NEW YORK: Wall Street's major indices rose on Wednesday (Jul 25) after US President Donald Trump said he hoped to reach a trade deal with Europe as he met with European Commission President Jean-Claude Juncker.The S&P 500, the Nasdaq and the Dow all hit session highs as both Trump and Juncker struck a conciliatory tone on trade in their statements to reporters.The Dow, which had been weighed by Boeing Inc's report of higher costs for its aerial refueling tanker program, reversed its earlier downward course. Boeing shares pared losses and were last down 1.9 per cent.The S&P and the Nasdaq were boosted by gains in the technology sector. Shares of Facebook Inc and Microsoft Corp hit record highs earlier in Wednesday's session. Facebook shares were last up 1.4 per cent, and Microsoft shares were trading up 2.1 per cent.Visa Inc shares also rose 1.1 per cent. Both Facebook and Visa are scheduled to report results after the bell.Investors noted that strong corporate … [Read more...] about Wall Street rises on US-EU trade deal hopes, tech gains

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Insider Inc. held its second-ever hackathon — these are some of the top ideas our tech teams came up with

January 16, 2018 robert Leave a Comment

If you were given one week to build something new or innovative that would benefit people or your company, what would you create? Here at Business Insider, our tech team was given that opportunity in our first-ever hack week in December 2016 – and it was such a success that we recently held “Hack Week 2: The Unhackening.” As a way to kick off our hacking, we hold a team meeting to pitch ideas, review some suggestions for projects, and form teams. All participants are then given four days – Monday through Thursday – to work on their passion project, concluding with presentations on Friday. Each participant/team is able to use technologies they prefer, which really allows for creativity and gives everyone a chance to stretch their legs and work on something cool they may not have had time for otherwise. Our first hack week, held last December, was a fun experiment that culminated in the whole team gathering in our building’s … [Read more...] about Insider Inc. held its second-ever hackathon — these are some of the top ideas our tech teams came up with

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Insider Inc. held its second-ever hackathon — these are some of the top ideas our tech teams came up with

January 16, 2018 robert Leave a Comment

If you were given one week to build something new or innovative that would benefit people or your company, what would you create? Here at Business Insider, our tech team was given that opportunity in our first-ever hack week in December 2016 – and it was such a success that we recently held “Hack Week 2: The Unhackening.” As a way to kick off our hacking, we hold a team meeting to pitch ideas, review some suggestions for projects, and form teams. All participants are then given four days – Monday through Thursday – to work on their passion project, concluding with presentations on Friday. Each participant/team is able to use technologies they prefer, which really allows for creativity and gives everyone a chance to stretch their legs and work on something cool they may not have had time for otherwise. Our first hack week, held last December, was a fun experiment that culminated in the whole team gathering in our building’s … [Read more...] about Insider Inc. held its second-ever hackathon — these are some of the top ideas our tech teams came up with

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Singapore central bank head hopes cryptocurrency tech will survive ‘crash’

January 15, 2018 robert Leave a Comment

Singapore’s central bank head said on Monday he hoped the technologies underpinning cryptocurrencies such as blockchain would not be undermined by an eventual crash in the virtual coins.The city-state is among many global central banks voicing concern about potential losses for citizens and money laundering through cryptocurrencies. But it is carrying out extensive research into the distributed ledger technology that underlies bitcoin.“I do hope when the fever has gone away, when the crash has happened, it will not undermine the much deeper, and more meaningful technology associated with digital currencies and blockchain,” Ravi Menon, the managing director of the Monetary Authority of Singapore (MAS), said at a UBS Wealth Insights event in Singapore.South Korea, a crucial source of global demand for cryptocurrencies, said last week it plans to ban cryptocurrency trading, a move that sent bitcoin and other virtual coin prices plummeting.The value of bitcoin surged … [Read more...] about Singapore central bank head hopes cryptocurrency tech will survive ‘crash’

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Cheerleader outfits and weird looks: I went to the biggest tech industry conference of the year for the first time, and it’s clear CES still has a woman problem

January 14, 2018 robert Leave a Comment

CES, an annual tech trade show, took place in Las Vegas last week. Despite months of attention paid to sexual harassment and misconduct in the tech world and beyond, the show still featured “booth babes,” scantily clad women working the parties, and zero women giving keynote addresses. The male-dominated show has a lot of work to do in order to become more inclusive for women. I had heard the stories long before I ever attended CES: the “booth babes,” the hordes of men, and the parties where women were asked to dress in suggestive costumes. But I thought things would be different this year. Since the last CES, we’ve seen the rise of the #MeToo movement, which has encouraged women to share their stories of harassment and assault. Men in positions of power at venture capital firms and tech companies have lost their careers over allegations of sexual misconduct and gender bias, and the … [Read more...] about Cheerleader outfits and weird looks: I went to the biggest tech industry conference of the year for the first time, and it’s clear CES still has a woman problem

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