Nasdaq stops all trading due to systems issue, plans to reopen in a limited capacity soon (update: back online)

Nasdaq stops all trading due to systems issue, plans to reopen soon

Well, this is rather peculiar. The Nasdaq stock market — the entire Nasdaq, which lists major tech firms such as Apple and Facebook — has temporarily suspended all trading due to a technical issue. The exchange sent an alert to traders at 12:14PM ET today announcing that it was halting all trading “until further notice,” according to a New York Times report. Reuters is reporting that Nasdaq will reopen trading soon, but with a 5-minute quote period. The market will not be canceling open orders, however, so firms that don’t want their orders processed once everything’s up and running should cancel their orders manually now. It’s not entirely clear what caused the issue, or how and when it will be resolved, but you better believe it’s causing some commotion on Wall Street, and could impact traders for days and months to come.

Update (2:28PM ET): CNBC and the Wall Street Journal are reporting that Nasdaq will resume limited trading beginning at 2:45PM ET.

Update (2:32PM ET): CNBC is now reporting that trading will resume with just two securities at 2:45PM ET. Full trading will begin at 3:10PM ET.

Update (3:28PM ET): It appears that trading has resumed as of 3:25PM ET.

Update (5:47PM ET): One final tweet here from CNBC. Nasdaq is claiming that today’s issues were resolved within 30 minutes. The remaining 2.5 hours were used to coordinate the re-opening.

Update (6:29PM ET): Nasdaq has issued an official statement following today’s market close. In part, it reads: “NASDAQ OMX will work with other exchanges that are members of the SIP to investigate the issues of today, and we will support any necessary steps to enhance the platform.”

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Source: Nasdaq

European commissioner promises single mobile market by 2015

European commissioner promises single mobile market by 2015

Europe may be enjoying deeper and deeper integration, but that doesn’t extend to mobile connectivity; citizens are still whacked with hefty roaming rates. European digital commissioner Neelie Kroes hopes to change this, telling business leaders that she’s planning to push through a single mobile telecoms market before she retires in 2015. Speaking at the European Business Summit, she said she had “no intention to retire until [she’d] knocked down all the barriers to a single market,” which was her “major priority” for the rest of her term. Hopefully those on that side of the pond will never again have to fork over $8 per day just to check Vine.

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Source: EUObserver

Researchers Expect To See A $6.5 Billion Market For Home Robotics By 2017

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Sure, we have our Roombas and a few AR Drones here and there, but researchers expect that we’ll have many more – and better – robots within the next few years and that the overall market should hit $6.5 billion by 2017.

According to ABI Research’s Consumer Electronics Research Service, the consumer robotics market is currently at about $1.6 billion and growing. A slow economy and fairly expensive parts has stagnated things for the time being but improved devices and more interesting implementations – home helper robots, for example – could push the market up considerably.

As we’ve seen in our visit with Bossa Nova Robotics, devices like the Mobi ball bot can move through crowded spaces and help out in unique situations. While it’s still no Rosie the Robot, I could imagine a cleaning bot that could also help move heavy objects as a team effort and robots that can inspect chimneys and drains. Interestingly, the problem of safety begins to crop up when talking about consumer robotics.

“What happens if a robot falls down the stairs while someone is walking up, or gets caught on a lamp power cord and pulls the lamp down and starts a fire?” added Solis. “This is a gating factor to take-up of more complex personal robots – solvable but with additional cost.”

Obviously the question remains: did the robots start the fire on purpose?

via RoboticsTrends

DCM Dealer software platform mines social media for stock sentiment, Wall Street licks its chops

DCM Dealer software platform mines social media for stock sentiment, Wall Street licks its chops

In this episode of “What could possibly go wrong?!“, allow us to introduce you to DCM Dealer. Billed as an “online trading platform,” this here project was whipped up by the same London-based investment outfit (DCM Capital) that went belly-up after losing some $40 million in assets in just one month during the summer of 2011. Granted, that was a pretty tough time in the market, and it did manage to squeeze out a 1.9 percent gain in the period it was open, but it’s still worth keeping in mind. Now, the firm is hoping to catch a second wind with a tool that mines Twitter, Facebook, and the whole of social media in order to pick up clues about the public’s view on a stock. Reportedly, it’ll spit out real-time ratings from 0 (negative) to 100 (positive), giving investors yet another “leading indicator” on what to invest in flip for a quick buck.

Founder Paul Hawtin confesses: “This is not some kind of holy grail of buy-sell signals that’s guaranteed to make you money. This is an additional layer of market information…markets are driven by greed and fear, so if you can understand fear and quantify it in real-time, you could use that to protect yourself.” We’ll leave it to the 99 percent to comment on the idea below.

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Source: CNBC, DCM

NPD: Windows 8 not yet providing boost to slow PC market

NPD: Windows 8 not yet providing boost to slow PC market

Microsoft is pretty happy about how Windows 8 is doing, but 40 million license sales isn’t exactly translating to a boon for the PC market. According to NPD, sales of Windows-powered devices are 21 percent lower than they were during the same time period last year — October 21 through November 17. Of course, Windows 8 didn’t actually hit shelves until the 26th, which may have skewed the numbers a bit as consumers held out for the latest and greatest from Redmond. The weakness of the desktop and laptop market are partially to blame, but while license sales for Windows 8 are outpacing its predecessor, there is some cause for concern. Specifically that, after a few weeks, the touch friendly revamp of the OS is only shipping on about 58 percent of new machines. Four weeks after the launch of Windows 7, it was preloaded on 83 percent of new hardware. Worse yet, according to the NPD, tablet sales “have been almost non-existent.” Of course, things could pick up as we enter the holiday season, but it’s not entirely clear that Windows 8 will be able to lift the sagging PC market on its back. The full PR awaits you after the break.

Continue reading NPD: Windows 8 not yet providing boost to slow PC market

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Via: TechCrunch

Pew Research finds 22 percent of adults in US own tablets, low-cost Android on the rise

Pew Research finds 22 percent of adults in US own tablets, lowcost Android on the rise

It shouldn’t come as much of a surprise that more Americans than ever now own tablets, but if you’d ever wanted some quantifiable data to go along with that homespun wisdom, then the Pew Research Center is glad to help. According to its latest report, 22 percent of US adults now own a tablet of some form. While the iPad remains the dominant player in the space with a 52 percent market share, this figure starkly contrasts the 81 percent share that Pew reported in 2011. As you might expect, Android tablets have made significant inroads and now account for 48 percent of the overall tablet space. Leading the Android charge is the Kindle Fire, which alone accounts for 21 percent of all tablets sold. It’s worth pointing out that Pew’s survey was conducted before the release of either the Nexus 7 or the Kindle Fire HD, which means that even the most recent information is a bit behind the curve. You’ll find a press release after the break that provides a much broader take on Pew’s latest findings in the mobile space, but those who want to go straight to the meat should hit up the source link below.

Continue reading Pew Research finds 22 percent of adults in US own tablets, low-cost Android on the rise

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Pew Research finds 22 percent of adults in US own tablets, low-cost Android on the rise originally appeared on Engadget on Tue, 02 Oct 2012 17:33:00 EDT. Please see our terms for use of feeds.

Permalink Computerworld  |  sourcePew Research Center  | Email this | Comments

Zuckerberg Rambling About Nothing for 30 Minutes Earned Facebook $7 Billion [Facebook]

Do you want to know what power is? Power is going up on a stage, yammering about very little for half an hour, and boom, a few days later your company is worth nearly $7 BILLION more than it was a few days ago. More »

Isis mobile payment system primed for September launch, supported devices revealed

Isis mobile payment system primed for September launch in Austin and Salt Lake City

You’ve known it was coming, but Isis has been so quiet on the mobile payments front in the past few months that you might’ve forgotten the score. Now, the joint venture backed by AT&T, T-Mobile and Verizon has announced that it’ll debut its system in Austin and Salt Lake City next month. At least part of the delay is attributed to its shift in strategy, when Isis shelved its plans to process payments through the carriers themselves and instead work with MasterCard and Visa. Isis representatives have declined to elaborate on future expansion plans.

Coinciding with the recent update that enabled Isis support for T-Mobile’s Galaxy S II, MasterCard has come clean with a list of devices that’ll receive similar treatment. Specifically, those in the US can expect the Droid Incredible 4G LTE, One X, Amaze 4G, Galaxy S III to gain Isis support. Naturally, the possibility remains open for other devices as well, and if you’d like to see the complete list of candidates, make sure to check out the PDF below.

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Isis mobile payment system primed for September launch, supported devices revealed originally appeared on Engadget on Tue, 28 Aug 2012 20:47:00 EDT. Please see our terms for use of feeds.

Permalink Droid Life  |  sourceBloomberg, MasterCard (PDF)  | Email this | Comments

Updated Google Play app reveals gift card support, wish list coming soon?

Updated Google Play app reveals gift card support, wish list coming soon

If the images and link settings Android Police has dug up from the most recent (v3.8.15) Google Play APK that’s rolling out are correct, we could see a coupe more features coming to the Android app and media store soon. First up are very fleshed out menus for the redemption of Play Store gift cards, perfect for users that aren’t enthused about putting their credit card info out there and would rather purchase a few bucks prepaid and then spend them as they will. Also contained within the APK but not activated or accessible by default is some sort of wish list functionality. Hit the source link for all the images and screens that have been found so far, well have to wait and see when these pop up in a future updated or get activated later on.

[Thanks, Cullen]

Updated Google Play app reveals gift card support, wish list coming soon? originally appeared on Engadget on Thu, 16 Aug 2012 01:14:00 EDT. Please see our terms for use of feeds.

Permalink   |  sourceAndroid Police  | Email this | Comments

NPD: Apple, Samsung control 55 percent of the smartphone market, prepaid sales up 91 percent

NPD

According to NPD DisplaySearch, Apple and Samsung control more than half of the American smartphone market. The second-quarter figures reveal that while contract phone sales are flatter than month-old soda, those for pre-paid handsets have shot up by 91 percent compared to the same quarter last year. The upswing is credited to last year’s flagship handsets falling down the price ladder, snaring lower-income customers who were unable to afford to be early adopters. Cornering that element of the market has helped the battling duo increase their sales by 43 percent, leaving the rest of the technology pantheon scraping around for crumbs. Speaking of which, HTC is a distant third, having 15 percent of the market, while Motorola (12 percent) and LG (six percent) round out the top five.

Continue reading NPD: Apple, Samsung control 55 percent of the smartphone market, prepaid sales up 91 percent

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NPD: Apple, Samsung control 55 percent of the smartphone market, prepaid sales up 91 percent originally appeared on Engadget on Wed, 08 Aug 2012 15:50:00 EDT. Please see our terms for use of feeds.

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