Given the sweeping job cuts we’ve seen at Microsoft this week, you could be forgiven for thinking the company is looking at winding down its phone hardware business and focusing on the desktop instead. Nevertheless CEO Satya Nadella has promised he is “committed to our first-party devices including phones”, and it sounds like the firm is going to make good on that promise in the not-too-distant future. Respected Twitter tipster
Introduction For years, before the internet became truly mainstream, beta software was shrouded in a cloak of mystery. Copies of software would often circulate on private servers or on CD-ROMs or DVDs but the advent of cheap, fast connectivity and the prevalence of software-as-a-service has changed that. Now allowing more people to test an application at an earlier stage in its development seems to have become a de-facto step, allowing
By J.R. Wu TAIPEI (Reuters) – Companies such as electric motor scooter firm Gogoro could hold the key to Taiwan’s economic growth. In just three years, the start-up, which counts Japan’s Panasonic Corp as a strategic partner and Cher Wang, the founder of local smartphone maker HTC Corp as a key investor, raised $150 million to develop the smartphone-synched bike, and a charging network for it. Gogoro’s success in creating
Italian cyber-security firm Hacking Team said a government might have been behind a massive hack of its systems and warned that the subsequent leaking of its computer codes could prove a field day for criminals. Unknown hackers last week downloaded 400GB of data from the firm, which makes surveillance software that allows law enforcement and intelligence agencies to tap into the phones and computers of suspects. “Given its complexity, I
Euro zone leaders told near-bankrupt Greece at an emergency summit on Sunday that it must restore trust by enacting key reforms before they will open talks on a new financial rescue to keep it in the European currency area. Leftist Prime Minister Alexis Tsipras will be required to push legislation through parliament from Monday to convince his 18 partners in the monetary union to release immediate funds to avert a
China’s securities regulator instructed brokerages on Sunday to review trades and enforce rules that require the use of real names and national identification numbers, the latest move by the government aimed at stabilizing stock prices following a devastating market rout the past month. The latest warning by the China Securities Regulatory Commission (CSRC) is meant to clamp down on a trick whereby a single investor controls multiple accounts — often
Global inflation appears tamer than many had thought it would be by now, still held back by a modest outlook for economic growth, meaning central banks look likely to leave rates lower for longer — or even ease policy further. For those watching the world economy, China, not Greece, has for a while remained the number one concern. The panic by the Chinese authorities last week as they went through
On the heels of a wild trading week, today one of the top economists in the world sent King World News an incredibly powerful piece warning that as asset bubbles implode, synthetic economies will enter a monstrous worldwide depression. Below is the fantastic piece from Michael Pento.
Egon von Greyerz (EvG): Founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland – EvG forecasted the current economic problems over 12 years ago. In 2002 (gold $300/ oz.) MAM recommended to its investors to put 50% of their investment assets into physical gold stored outside the banking system…
Egon von Greyerz (EvG): Founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland – EvG forecasted the current economic problems over 12 years ago. In 2002 (gold $300/ oz.) MAM recommended to its investors to put 50% of their investment assets into physical gold stored outside the banking system…
