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Analysis shows just 6% of corporate gains from Trumps tax cuts have trickled down to workers as raises, bonuses and investments US stock markets keep hitting record highs as anyone who follows Donald Trumps Twitter account cant help but notice. And according to a paper by NYU economist Edward Wolff.…
Snap Inc.’s second-quarter revenue topped analyst projections, signaling a pickup in demand for mobile advertising even as a controversial redesign of the Snapchat mobile app continued to hinder user growth. Separately, Saudi billionaire Evan Spiegel defended his strategy, saying that while the redesign was the primary reason for fewer daily…
return of its early-2000s saddle bag line by asking style bloggers from around the world to post snaps of the satchel on Instagram at the same time. In September, Versace showed a “tribute” collection with updated versions of founder Gianni’s most memorable looks, closing the show with a reunion of…
Three decades ago, Robert T. Fraley helped invent the genetically modified seeds that have become a $17 billion global industry and ushered in a new era of agricultural productivity. So it’s little surprise that this longtime Source: International Service for the Acquisition of Agri-Biotech Applications * sugar beet, potato, apple,…
Psychologist Michal Kosinski says artificial intelligence can detect your sexuality and politics just by looking at your face. What if hes right? Vladimir Putin was not in attendance, but his loyal lieutenants were. On 14 July last year, the Russian prime minister, Michal Kosinski, who had been flown from the…
Cryptocurrencies dropped after the second South Korean exchange in as many weeks said it was the victim of a theft, renewing fears about the security of digital-asset trading venues. Bithumb, ranked seventh in the world by traded value on Coinmarketcap.com, said on Wednesday that about 35 billion won ($32 million)…
Numbers using Facebook have dropped significantly since 2015, with YouTube, Instagram and Snapchat more popular Teenagers have abandoned Facebook in favour of other social media platforms such as Snapchat and Instagram, according to Pews previous study in 2015, when it was the dominant online platform. In this years study reported…
Congratulations, Ant Financial, Source: Alibaba, Bloomberg Opinion calculations The danger with such mega-fundings is that big multiples through a public exit become ever more difficult. Xiaomi Corp. is an example: A $65 billion expected valuation upon an IPO this year is a tidy 40 percent upside from recent private-funding valuations, but that's…
Defence pamphlet shows how population can prepare in event of attack and contribute to countrys total defence The Swedish government has begun sending all 4.8m of the countrys households a public information leaflet telling the population, for the first time in more than half a century, what to do in…
A New York judge rules @realDonaldTrump is a presidential, not personal, account and blocking violates the first amendment A district court in New York has ruled that Donald Trump cannot block people on Twitter, because it violates their first amendment rights to participate in a public forum. The case was…
From microchip implants to wristband trackers and sensors that can detect fatigue and depression, new technology is enabling employers to watch staff in more and more intrusive ways. How worried should we be? Last year an Tony Danna, vice-president at Three Square Market, gets his microchip implant. Photograph: Jeff Baenen/AP…
Original audio clip comes from vocabulary.com and features voice repeating one word but which one do you hear? A short audio clip of a computer-generated voice has become the most divisive subject on the internet since the appeared on Reddit, seems to be saying one word but whether that word…
Expanding Prime subscriber ranks, cloud business drive results Company hikes Prime price; gets into higher-margin businesses Amazon.com Inc. reminded investors on Thursday that scraping by selling things online was just the beginning. The world’s biggest internet retailer reported larger profits in the first quarter and forecast more of the same,…