Dell says hackers tried to get customer data
A.I. will equalize health care in China, NovaVision CEO says
Artificial intelligence (A.I.) will level out the quality of health care in China in the coming decades, particularly closing the gap between rural and urban parts of the country, according to a CEO in the medical industry. Speaking at CNBC’s East Tech West conference in the Nansha district of Guangzhou, China, Jim Wang, CEO of […]
Computing faces an energy crunch unless new technologies are found
There’s little doubt the information technology revolution has improved our lives. But unless we find a new form of electronic technology that uses less energy, computing will become limited by an “energy crunch” within decades. Even the most common events in our daily life – making a phone call, sending a text message or checking […]
NIST atomic clocks now keep time well enough to improve models of Earth
Experimental atomic clocks at the National Institute of Standards and Technology (NIST) have achieved three new performance records, now ticking precisely enough to not only improve timekeeping and navigation, but also detect faint signals from gravity, the early universe and perhaps even dark matter. The clocks each trap a thousand ytterbium atoms in optical lattices, […]
Google’s cheap and super-simple cellphone service will now work with iPhones
Google’s super-simple and cheap cellphone service will now work with a broader selection of devices, including iPhones from arch-rival Apple. Google Fi (formerly known as Project Fi) is a mobile virtual network operator (MVNO), which means that instead of just using one of the “big four” carriers, it automatically jumps between several cellular networks depending […]
This is the most prosperous country on earth
Even as the world is becoming more prosperous, it’s also becoming less safe and secure, a new report finds Prosperity has a dark side. The world is more prosperous than ever — at least according to the 12th annual Legatum Prosperity Index. The index, from the London-based think tank Legatum Institute, measures prosperity using these […]
Bitcoin soars 15%, drags market value for all cryptocurrencies up $20 billion
Bitcoin ETF not viable until underlying markets are cleaned up, says SEC chair Digital currency prices shot higher on Wednesday, with most major coins recording double-digital gains. Bitcoin, BTCUSD, +0.85% the No. 1 digital currency, was trading at $4,370.30, up 15% since Tuesday at 5 p.m. Eastern Time on the Kraken exchange and on track […]
Jobless claims surge to 6-month high of 234,000
Layoffs appear to rise around Thanksgiving, but could recede soon The numbers: The number of Americans who applied for unemployment benefits in the week of Thanksgiving rose to the highest level in six months. But the recent upturn might stem from holiday-season hiccups or other temporary factors and it could be reversed soon. Initial jobless […]
Economy grew 3.5% in third quarter, pushing corporate profits to 6-year high, GDP shows
Business investment not as weak as it seemed during the summer The numbers: A torrid U.S. economy blazed a 3.5% pace of growth during the summer and boosted corporate profits to the highest rate in six years, fresh government figures show. The increase in gross domestic product — the official measuring stick of the economy […]
US consumer spending up
Consumers boosted their spending in September at the fastest pace in seven months, while their incomes rose by the largest amount in nine months. Both are good signs for future economic growth. The Commerce Department says consumer spending rose a sharp 0.6 per cent last month. It was the biggest increase since a similar gain […]