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Yen spikes to 18-month peak, Amazon softens Apple blow
Thu, 28 Apr 2016 22:22:40 -0400 -

A man walks past a display of the Nikkei average and other market indices outside a brokerage in TokyoThe yen surged to an 18-month peak on Friday as investors wagered the Bank of Japan might be done adding fresh stimulus to the economy, hurting prospects for Japanese exporters with a move that rippled through share markets across the Asian region. Perhaps taking advantage of Japan's absence for a holiday, speculators smashed through the yen's previous top at 107.63 per dollar and drove the currency as far as 107.075. It had been at 111.67 before Thursday's decision by the BoJ not to ease policy further, even though prior media reports had set the market up for more action.

Amazon profit crushes estimates as cloud-service revenue soars
Thu, 28 Apr 2016 20:12:07 -0400 -

File photograph of an Amazon logo on a worker's jacket at an Amazon Fulfilment Inc on Thursday reported profit and revenue that blew past analysts' expectations, sending its shares soaring in after-hours trading and demonstrating the growing market power of its core retail business and new cloud services division. The results draw a sharp contrast to the disappointing fourth quarter Amazon reported in January, which renewed worries among some shareholders about the company's comparatively thin profit margins. Amazon's performance also assuaged concerns about a broader slowdown among tech and internet companies after Apple , Microsoft and Intel all reported disappointing earnings.

Carl Icahn says he sold entire Apple stake on China woes: CNBC
Thu, 28 Apr 2016 17:27:07 -0400 -

Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network's Neil Cavuto show in New YorkBillionaire activist investor Carl Icahn said Thursday he had sold his entire stake in Apple Inc , citing the risk of China's influence on the stock. Icahn, in an interview with cable television network CNBC, also said he was "still very cautious" on the U.S. stock market and there would be a "day of reckoning" unless there was some sort of fiscal stimulus. Icahn had been a huge cheerleader of Apple, acquiring a stake in the company almost three years ago, repeatedly calling the investment a "no brainer." In an open letter to Apple Chief Executive Officer Tim Cook in May 2015, Icahn had argued that shares of the iPhone maker were worth $240, about 90 percent more than they had been trading.

Facebook in class of its own as ad revenue soars
Thu, 28 Apr 2016 16:12:28 -0400 -

Facebook CEO Mark Zuckerberg holds a pair of the touch controllers for the Oculus Rift virtual reality headsets during the Facebook F8 conference in San Francisco, CaliforniaWow. After underwhelming results from Apple Inc, Google Inc and other big tech names, investors finally found a friend in Facebook Inc after the company shredded Wall Street's forecasts for revenue, profit and user growth. Facebook's shares, which touched a record high of $120.79 on Thursday, closed up 7.2 percent at $116.73, giving a $22 billion boost to the social networking company's market value.

U.S. economy stalls in first quarter as activity weakens broadly
Thu, 28 Apr 2016 14:03:18 -0400 -

A shopper takes part in Black Friday sales at a Target store in ChicagoU.S. economic growth braked sharply in the first quarter to its slowest pace in two years as consumer spending softened and a strong dollar continued to undercut exports, but a pick-up in activity is anticipated given a buoyant labor market.

Exclusive: CBS weighs share options for post-Redstone era - sources
Thu, 28 Apr 2016 20:12:56 -0400 -

President and Chief Executive Officer of CBS Corporation Leslie Moonves poses for a portrait in his office in Studio CityCBS Corp's executives are talking to investment bankers about how their CEO and executive chairman, Les Moonves, can gain more control over the broadcaster after Sumner Redstone dies, or if he is declared mentally incompetent, said two sources familiar with the situation. The New York-based company met with investment banks in recent months to discuss how it could buy CBS's voting shares from Redstone's National Amusements Inc, and collapse CBS's dual-class share structure, the sources told Reuters. CBS and Viacom Inc both have dual-class share structures with 80 percent of their voting shares owned by National Amusements, a privately-held movie theater company controlled by the 92-year-old Redstone.

U.S., EU officials say they will not settle for limited trade deal
Thu, 28 Apr 2016 22:04:38 -0400 -

Currency signs of Japanese Yen, Euro and the U.S. dollar are seen on a board outside a currency exchange office at Narita International airportBy David Lawder NEW YORK (Reuters) - U.S. and European Union trade officials said on Thursday they would not settle for a limited trans-Atlantic free trade deal that ignores deep divisions on agricultural products, services, public procurement and dispute resolution. In separate briefings during the latest negotiating round in New York, the U.S. and EU officials said they would push for a comprehensive Trans-Atlantic Trade and Investment Partnership, or T-TIP, before U.S. President Barack Obama leaves office in January. "We are not going to shoot for or accept a 'T-TIP light,' a U.S. Trade Representative official said on condition of anonymity because of the sensitivity of the talks.

India's Mallya says willing to reach 'reasonable' debt settlement: FT
Fri, 29 Apr 2016 01:09:42 -0400 -

Kingfisher Airlines Chairman Vijay Mallya speaks to the media during a news conference in MumbaiMallya, 60, flew first class from Delhi to London on March 2 at a time when the Indian government and mainly state-controlled banks are trying to recover $1.4 billion owed by his collapsed Kingfisher Airlines Ltd . "By taking my passport or arresting me, they are not getting any money," the newspaper quoted him as saying.

Comcast to buy DreamWorks Animation for $3.8 billion
Thu, 28 Apr 2016 19:29:30 -0400 -

Jeffrey Katzenberg, CEO of Dreamworks Animation, speaks at the 2014 Milken Institute Global Conference in Beverly HillsComcast Corp, the owner of NBCUniversal, said on Thursday it would buy Hollywood studio DreamWorks Animation SKG Inc for $3.8 billion to boost its family-friendly offerings and help it take on media conglomerate Walt Disney. The acquisition will add major children's franchises to Universal's film library such as "Shrek," "How to Train Your Dragon" and "Kung Fu Panda," which it could tap for its growing theme parks and consumer products businesses. Comcast's Universal Pictures found success with blockbuster family films like "Despicable Me" and "Minions," but this deal will ramp up its portfolio.

Oil prices dip on looming OPEC production rise
Fri, 29 Apr 2016 00:17:09 -0400 -

File photo of a pump jack is seen near sunflowers in Guthrie, OklahomaCrude oil prices fell in early trading on Friday as a looming rise in Middle East output may drag on the stronger markets seen in April, although falling U.S. production and a weakening dollar are still offering support. U.S. West Texas Intermediate (WTI) crude futures were down 18 cents at 45.85 a barrel.

Argentinean football club to offer dermal implants to its fans
Thu, 28 Apr 2016 21:19:00 -0400 -
NY Times sends 300,000 Google Cardboard viewers to subscribers
Thu, 28 Apr 2016 20:20:00 -0400 -
Twitter co-founder Biz Stone relaunches failed Jelly app
Thu, 28 Apr 2016 19:19:00 -0400 -
Uber affirms tipping drivers 'is not expected or required'
Thu, 28 Apr 2016 18:21:00 -0400 -
Don't Squelch Sensitive Topics. Instead, Learn to Embrace Them.
Thu, 28 Apr 2016 17:54:43 -0400 -

Why the 9-to-5 Workday Should No Longer ApplyControversial social issues don't stay outside the office door. This year, especially, has been a-boil with such volatile topics as the Presidential election, terrorism, religious beliefs, and LGBT rights. Debates on these issues can't help but seep into the work environment and affect our interchange with colleagues and clients.Companies can't...

The Wirecutter's best deals: The Pebble Time Round
Thu, 28 Apr 2016 17:22:00 -0400 -
Google's OnHub router uses IFTTT to automate your life
Thu, 28 Apr 2016 17:21:00 -0400 -
Tune up your iOS device with PhoneClean
Thu, 28 Apr 2016 16:56:00 -0400 -

Tune up your iOS device with PhoneCleaniMobie's free PhoneClean app can help keep your iOS device running smoothly by deleting old clutter. Learn more about how it works and what it can do.

Twitter for iPhone is now classified as a news app
Thu, 28 Apr 2016 16:55:00 -0400 -
Nurturing B2B Relationships On Social Media
Thu, 28 Apr 2016 16:41:44 -0400 -

Nurturing B2B Relationships On Social MediaTed Rubin is an author, social marketing strategist, keynote speaker, and acting CMO of Brand Innovators. He sat down with Oracle Social Cloud's Senior Content Manager Maggie Schneider Huston to discuss how brands can nurture relationships on social media.Maggie Schneider Huston: What's the best way for B2B companies to build relationships on...

Facebook: 60 percent of government requests come with gag order
Thu, 28 Apr 2016 15:56:00 -0400 -
Social VR, space VR, and 360 cameras: SVVR's opening keynote
Thu, 28 Apr 2016 15:37:00 -0400 -

Social VR, space VR, and 360 cameras: SVVR's opening keynoteThe day one keynote at the Silicon Valley Virtual Reality conference included camera satellites and VR calls in Slack.

Google grabs ex-Motorola president to unify its hardware groups
Thu, 28 Apr 2016 15:35:00 -0400 -
Made In China: Will GAC Motors Be Able to Infiltrate the American Market?
Thu, 28 Apr 2016 15:32:28 -0400 -

Made In China: Will GAC Motors Be Able to Infiltrate the American Market?Chinese auto manufacturer GAC Motors is poised to enter the US market in 2017. With its newest GA8 Sedan the company hopes to achieve what no other Chinese auto maker has: a viable US presence. For decades, the Chinese have wished to become a part of the American auto industry. However, it's not easy. Chinese car companies face many challenges...

On the Brink of Greatness short: Standup
Thu, 28 Apr 2016 15:30:00 -0400 -
Talkshow is a messaging app that wants you to text in public
Thu, 28 Apr 2016 15:20:00 -0400 -
When Does it Make Sense to Give Up in Business?
Thu, 28 Apr 2016 15:12:26 -0400 -

When Does it Make Sense to Give Up in Business?We don't like the thought of giving up, especially as entrepreneurs who are told to stick with it.Sometimes, though, it does make sense to give up. This doesn't mean that you have to give up your dreams of financial independence or ultimately being successful in running your own business. When you give up, it shouldWhen you give up, it should...

YouTube's first live 360-degree videos were little more than tech demos
Thu, 28 Apr 2016 15:10:00 -0400 -
Chrome extension blocks out the names of mass shooters
Thu, 28 Apr 2016 14:50:00 -0400 -
Top 3 Reasons Why You Need to Use Storytelling in Your Business
Thu, 28 Apr 2016 14:43:01 -0400 -

Top 3 Reasons Why You Need to Use Storytelling in Your BusinessLet's face it. Regardless of what industry you are in, without question, there is a substantial amount of competition out there. Not only is there competition, but many of them are targeting your potential customers. So it's probably safe to say that you need a competitive advantage or a tool that can separate you from your competition. No,...

Google revamps search in its Photos app for Android
Thu, 28 Apr 2016 14:37:00 -0400 -
Periscope lets you scribble on your livestreams
Thu, 28 Apr 2016 14:27:00 -0400 -
Vudu's latest iPad app finally has picture-in-picture
Thu, 28 Apr 2016 14:04:00 -0400 -
Enterprises beware: An invisible revolution is coming--and you're not ready
Thu, 28 Apr 2016 13:44:00 -0400 -

Enterprises beware: An invisible revolution is coming--and you're not readyCloud computing is leading us to an invisible revolution in technology that most enterprises are not prepared for.

Google Play warns you when apps contain ads
Thu, 28 Apr 2016 13:43:00 -0400 -
Google and Fiat Chrysler are reportedly partnering on autonomous cars
Thu, 28 Apr 2016 13:24:00 -0400 -
How Instagram became the perfect platform for streetwear resellers
Thu, 28 Apr 2016 13:00:00 -0400 -
Curiosity snaps a pic of the most rugged plateau it crossed
Thu, 28 Apr 2016 12:46:00 -0400 -
How virtual reality can save humanity
Thu, 28 Apr 2016 12:24:53 -0400 -

How virtual reality can save humanityTruc de Ouf's Gentry Lane says society is losing its humanity, but a powerful storytelling tool like VR can help revive it.

NFL Sunday Ticket streams out-of-market games at no extra cost
Thu, 28 Apr 2016 12:23:00 -0400 -

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