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Alibaba Group Holding Ltd announced a partnership with Nvidia Corporation that will see the two firms collaborate on development of artificial intelligence and cloud computing technologies. An estimated 1,000 developers will be hired to create a big-data platform over the next three years. The partnership will see the Chinese e-commerce giant, through its subsidiary Alibaba…
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It is unlikely that the Syrian civil war will be ending anytime soon. However, in recent weeks, there has been a surge in diplomatic efforts to end the conflict, with major international and regional players working together, to find common ground and start a political process. Furthermore, towards the end of September 2015, the Russian…
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Metals manufacturing firm, Worthington Industries, Inc. , has acquired Net Braze. Net Braze is a US based firm that manufacturers solders, brazing alloys, and other similar products. Very few details have been released regarding the acquisition. There has been more significant news from this sector in the UK. Just one day ago, Tata Steel announced that they…
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Apple Inc. made an announcement this morning, reporting on yet another record-breaking holiday season. The company’s App Store managed to rake in more than $1.1 billion through app and in-app sales during the past two weeks ending Jan. 3rd. However it wasn’t Christmas Day that saw the most gains for Apple, but New Year’s Day…
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For Apple Inc. , the year 2016 could be make-or-break, according to FBR Capital Markets analyst Dan Ives. On Tuesday, Apple stock closed up 1.80% at $108.74. Year to date, the stock is down almost 2% while in the last one-month, it is down almost 8%. iPhone 7 must be a hit On Tuesday, speaking to…
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Yahoo! Inc. has followed Facebook Inc in giving alerts to users that are at risk of being the target of foreign hackers. Bob Lord, data security chief at Yahoo, said users are being asked to report odd login attempts and change passwords as part of steps to ward off attacks. “We’re committed to protecting the security and safety of our users. Yahoo will…
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Apple Inc. stock have not been able to keep pace with the broader market since early summer, with the stock down 10% in the last six months compared to 1% down for the S&P 500. One trader, who relies more on the technical side of things for direction, believes the stock could continue to remain…
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SolarCity Corp appears comfortable enough with the allegations focused on it from Jim Chanos. The firm, which Jim Chanos recently called a sub prime lender echoing the 2008 financial crisis, wants to lower the credit score that those lending its solar panels must have in order to do business. Currently the firm looks for customers…
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Silver prices continue to face the same pressures that global commodities are facing in the markets as a result of weakness in China, a sliding US dollar, emerging market currency slack and the actions of speculators. This has been especially notable in futures trading where the price of silver retreated sharply on international bourses. December…
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General Motors Company and McDonald’s Corporation are good buys after strong performance in the just reported quarter. Both of these stocks should outperform the broader market not just through the rest of the year, but also into 2016. General Motors Company General Motors Company ’s biggest headache in recent years has been its high-profile recalls….
