Is South Korea still an investment ‘value trap’? June 23, 2017 ‘Value trap’ is a term used by investors to describe an asset that appears to have been under-priced by the market but turns out to be cheap for a reason. This is often because its ability to make profits has in some way been severely and permanently impaired. It tends to be used in relation [...]
Bitcoin: mouth-watering investment prospect or eye-watering valuation? June 21, 2017 For a system of currency to be worth anything, people need to believe in it – and at present there is no shortage of belief in so-called ‘cryptocurrencies’. Bitcoin may be the one most people will have heard of but there are now around 100 cryptocurrencies in existence and, earlier this month, their combined worth [...]
Apple and Dell join with Foxconn to bid for Toshiba chips unit, but chief executive is coy over pricing June 13, 2017 Apple and Dell have partnered with electronics giant Foxconn to bid for Toshiba’s chip unit, according to Foxconn’s chief executive Terry Gou. In an interview with Reuters, he added that US-based Kingston Technology, a maker of memory products, would also be part of the bidding group. Amazon is apparently close to joining, while Google, Microsoft [...]
Can investors spot the Amazon stocks of the future? June 8, 2017 May was a big month for Amazon. Not only did it celebrate the 20th anniversary of its stockmarket floatation, its share price edged past the $1,000 (£776) mark for the first time. It's not bad going for an internet book-seller that began trading at just under $2 a share. This 49,000%-plus return means anyone who [...]
Apple reveals HomePod, a smart home speaker to rival Amazon Echo and Google Home powered by Siri – price, release date, spec June 5, 2017 Apple has confirmed the rumours and unveiled a home speaker taking on rivals Google and Amazon – it’s called HomePod. “No one’s quite nailed it yet” said Apple executive Phil Schiller of the increasing number of home speakers and voice assistants on the market. “Just like iPod reinvented music in our pockets, HomePod will reinvent [...]
It’s hip to be Square’s CFO: Meet Jack Dorsey’s right-hand woman, finance chief Sarah Friar June 1, 2017 Sarah Friar is the top Silicon Valley tech executive you’ve probably never heard of, but certainly should know about. “That fabulous CFO” as CNBC host Jim Cramer recently called her, was entrusted by Jack Dorsey to take his payments startup public and now takes on more than the traditional role of a finance chief at [...]
Artificial Intelligence is a threat to society, an EU committee (EESC) has warned June 1, 2017 Artificial intelligence (AI) could pose a threat to the fabric of our society, according to an opinion published last night by the European Economic and Social Committee (EESC). The EESC’s Workers’ Group, which is comprised of representatives from national trade unions, found 11 areas in which AI raises societal concerns – ranging from labour to [...]
The new space race: Private companies are getting into the business of space travel – and it could produce the world’s first trillionaire May 30, 2017 Five-minutes’ drive from Kennedy Space Center, among the marshes and pine trees of Merritt Island Wildlife Reserve, lies Shuttles Restaurant & Bar. On the back wall is a massive photograph of the Space Shuttle Atlantis, soaring into space on the back of an orange fuel tank. Bolted to its side are two white rockets, spouting [...]
Ireland: a perfect partner for AI development May 25, 2017 China is emerging as a global powerhouse for artificial intelligence (AI) and Ireland offers an ideal location for Chinese companies to extend their international reach in this critically important space. China’s growing pre-eminence in this area is in line with the “One Belt One Road” initiative announced by President Xi Jinping in 2013 and the [...]
LightwaveRF share price jumped 77 per cent on Google Assistant launch May 18, 2017 Smart home tech firm LightwaveRF’s share price soared today after revealing its entire product range had been added to Google Home’s voice controlled Google Assistant. Shares in the Aim listed group climbed as much as 77.4 per cent mid-morning, dropping back to 54 per cent at pixel time. Read more: Now you can do your [...]