Apple is officially done rebuilding its maps in the US
The next step? Remapping Europe. To say Apple Maps stumbled out of the gate is putting it mildly; it quickly became an internet punchline when it launched in 2012, and left the company with the unenviable job of fixing it. Since then, Apple has been rebuilding the most fundamental part of the experience — the […]
Scientists make jellyfish swim faster to prepare for deep-sea exploration
They developed a prosthetic that uses electrical impulses to give jellyfish a boost. Scientists at Caltech and Stanford University want to turn jellyfish into deep-sea explorers that could be directed around the ocean, recording info as they travel. In a paper published in the journal Science Advances, the team explains how they’ve developed a tiny, […]
FCC commits $20.4 billion to help close the rural digital divide
$16 billion will bring high-speed broadband to ‘wholly unserved’ areas. Over the next 10 years, the Federal Communications Commission (FCC) will spend $20.4 billion to bring high-speed broadband internet to underserved rural America. “This is the biggest step we’ve taken to close the digital divide,” FCC Chairman Ajit Pai said in a video today. In […]
Microsoft made a Nike Air Max 90 Xbox but you can’t buy it
You could win it, though. The Super Bowl is right around the corner, so here come all the brand collabs. To celebrate Sunday’s showdown between the Kansas City Chiefs and San Francisco 49ers, Xbox, EA Sports and Nike have joined forces to create a limited-edition custom Xbox One console. Inspired by the special edition Nike […]
Citigroup Inc (NYSE:C) Shares Bought by Cooper Financial Group
Cooper Financial Group boosted its position in shares of Citigroup Inc (NYSE:C) by 8.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,296 shares of the financial services provider’s stock after buying an additional 256 shares during the period. Cooper Financial […]
Macerich (NYSE:MAC) Downgraded by BMO Capital Markets
Macerich (NYSE:MAC) was downgraded by equities research analysts at BMO Capital Markets from a “market perform” rating to an “underperform” rating in a report released on Tuesday, January 7th, Marketbeat Ratings reports. They presently have a $24.00 target price on the real estate investment trust’s stock. BMO Capital Markets’ price objective points to a potential upside of 4.48% […]
Graco (NYSE:GGG) Shares Gap Up Following Analyst Upgrade
Graco Inc. (NYSE:GGG) shares gapped up before the market opened on Wednesday after Robert W. Baird raised their price target on the stock from $54.00 to $57.00. The stock had previously closed at $55.20, but opened at $55.05. Robert W. Baird currently has a neutral rating on the stock. Graco shares last traded at $55.04, […]
Adobe Inc (NASDAQ:ADBE) Shares Sold by Bangor Savings Bank
Bangor Savings Bank lessened its holdings in shares of Adobe Inc (NASDAQ:ADBE) by 15.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,223 shares of the software company’s stock after selling 225 shares during the period. Bangor Savings Bank’s holdings in Adobe were worth $403,000 […]
Oil, gas sector speeds up
Industry group forecasts $2-billion rise in oil and gas spending Spending in the oil and gas sector is expected to rise by about $2 billion this year after declines in four of the past five years. The Canadian Association of Petroleum Producers says it expects about six per cent more will be invested in Canadian […]
CRTC to have new powers
Bill to reform broadcast and telecom rules coming soon Heritage Minister Steven Guilbeault is promising to table legislation to reform Canada’s broadcasting and telecom rules within a matter of months, but is offering few details on what the proposed changes will be. On Wednesday, an expert panel delivered a report recommending sweeping new powers and […]