Featured|Tech

Wall Street suffers setback because of Apple

(FinancialPress) – A negative sentiment in the market towards Apple‘s current marketing direction was materialized on Thursday‘s burse session, as shares experienced a 2.5% drop due to concerns over lacking demand for the iPhone 8. It had been 2 months since stock for the company had experienced a day as bad as yesterday. Their double iPhone launch strategy for 2017 is raising doubts among investors. The gloomy sentiment was bolstered by a series of weak corporate earnings reports. “Apple has its impact across the board. The marketing plan here was not a lot to be desired, considering you have two phones and the next one is just two weeks away from release. If it’s going to be a significant upgrade, it did not make any sense to me.” -Phil Blancato, head of Ladenburg...

Calgary courting Amazon like it‘s the ‘30s

(FinancialPress) — Calgary has shortlisted itself as one of the front runners for Amazon‘s new $5 billion second headquarters project. In the 42 days since the project was first announced by the tech giant, the city has developed a strong campaign to earn its graces. Thursday marked the official inauguration of the courtship process, as a 200-page bid package was hand-delivered by the city. City officials believe that the benefits showcased in it will go a long way in persuading the company towards bringing the $4 billion investment home. The team that put together the Calgary bid is confident in what was presented, even within a shark tank of competition. At least 60 other cities have made or are preparing bids for the tech company to bring up to 50,000 jobs to their city. The Calgary pit...

Twitter gets plea to “Ban Russian Bots”

(FinancialPress) — On Wednesday, Twitter employees were welcomed to their workplace by a strange, yet familiar message – projected onto the side of the building, the words “Ban Russian Bots“ shone in bright, white letters. The company is struggling to explain how bots, which can be programmed to periodically send messages to their platform, may have been allowed to have influence over the 2016 US presidential election. Sean Knox – @smk “Ban Russian bots” projecting on Twitter HQ right now https://t.co/musk8g085y https://twitter.com/smk/status/917959326093926405 Twitter made a conscious effort to maintain its platform bot-friendly, given how advertisers can use them to efficiently promote advertisements and respond to user complaints. The number of bots in the user base ra...

NVIDIA is overhauling the self-driving car industry — again

(FinancialPress) — One of 2017‘s Wall Street superstars, chipmaker NVIDIA (NVDA), has unveiled a new generation of computer chips with the capacity of operating fully autonomous self-driving vehicles. 25 clients have jumped onboard for development of the new wave of driverless cars, which also includes robotaxis and long-haul trucks. Among the vanguard of 25 companies, the standouts are ZF – a top automotive parts supplier, and the world’s largest mail and logistics company: DHL Group (Deutsche Post – DPW.SW). As per NVIDIA, the plan is to release the first fleet of autonomous delivery trucks running on the new technology by 2019. Codenamed Pegasus, NVIDIA’s third-gen automotive line Drive PX is a multi-chip platform with datacenter-level processing capacity. The device i...