Tech Giants Slide, Pulling US Stock Market Sharply Lower
A broad sell-off in technology companies pulled U.S. stocks sharply lower Monday, knocking more than 600 points off the Dow Jones Industrial Average. A broad sell-off in technology companies pulled U.S. stocks sharply lower Monday, knocking more than 600 points off the Dow Jones Industrial Average. The wave of selling snared big names, including Apple, […]
Pocket money apps for kids
For kids growing up in today’s cashless society, the piggy bank is going virtual. Father of two Roland Hall turned to a British startup’s digital pocket money app because his kids were still too young to get bank cards from traditional banks. With prepaid debit cards linked to the app, Hall’s kids, aged 8 and […]
Athenahealth’s big buyout
Athenahealth shares soared Monday after the struggling medical billing software maker received a $5.7 billion cash buyout offer. Veritas Capital and Evergreen Coast Capital plan to give athenahealth shareholders $135 per share in a deal that will take the company private. That represents a roughly 12 per cent premium over the closing price of athenahealth […]
TSE stocks open lower
Canada’s main stock index was lower in late-morning trading, hit by a broad-based decline including losses in the key industrial, material and financial sectors, while U.S. markets also sank lower. The S&P/TSX composite index was down 112.61 points at 15,161.83. In New York, the Dow Jones industrial average was down 341.89 points at 25,647.41. The […]
Alarm over talks to implant UK employees with microchips
Trades Union Congress concerned over tech being used to control and micromanage Britain’s biggest employer organisation and main trade union body have sounded the alarm over the prospect of British companies implanting staff with microchips to improve security. UK firm BioTeq, which offers the implants to businesses and individuals, has already fitted 150 implants in […]
Technology key to better health – but human mediation still crucial
Politicians struggle to agree on the best strategy to improve the health of their nations. Yet history shows that it is not politics, but developments in science and technology that have had the biggest impact in transforming care – from hip replacements to heart bypass surgery, ultrasound scans to effective drug treatment for malaria. Innovation […]
Learning from nature: the increasing efficiency of organic solar cells
Researchers from universities around the world are attempting to improve the efficiency of solar cells using organic materials. Scientists in China and the UK have developed carbon and plastic-manufactured polymer cells, while Canadian researchers have looked into using bacteria to convert light to energy, taking techniques from natural photosynthesis. How have alternatives to traditional solar […]
Alberta dream homes delivered with the help of Canadian technology
Jayman Homes experienced a tech turning point in 1995. By adopting Fast Management, software that streamlines purchasing and scheduling, the Calgary company could grow Jayman Homes was building 100 houses a year until it decided to go fast – now it builds 1,000. “We invested in software called Fast Management to handle all of our […]
Alibaba racks up record $30.8 billion in Singles Day shopping
Jack Ma hands cedes center stage CEO Daniel Zhang at gala SHANGHAI — It was another record-setting Singles Day for Alibaba Group Holding Ltd. Sunday, with consumers snapping up bargains despite China’s slowing economic growth, the trade fight with the U.S. and the diminished presence of Alibaba founder Jack Ma. The e-commerce behemoth clocked in […]
Lawsuits, accusations fly as Florida begins arduous recount process
Palm Beach County warns it may not meet Thursday deadline An arduous recount process began Sunday in Florida as both sides of a close U.S. Senate race launched legal actions and the state again commanded national attention over an election controversy. The recount of the state’s Senate and governor’s races began in many counties on […]