Feb 12
Eventually, they could end up on your roof, beaming trading data across the sky: Lasers, originally developed by the military, that are now being co-opted by high-frequency traders looking for even faster ways to do business.
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Feb 20
Google’s stock closed at a record high of $800 yesterday. This is the first time a technology company has passed the $800 mark. It seems that the rumors of a Google store opening by the end of 2013 came down positively in Wall Street. The stocks for Google have jumped 14 % since the begging of 2013.
Google’s stock was at $700 in October 2007, and then the economy collapse happened. Nonetheless Google’s management changed in 2011 with Larry Page becoming the CEO and has given the company a boost of almost 35 % since his taking over the seat. It seems that while Apple is tumbling down with a decrease of about $230 billion since September last, Google has been on the rise. Google creates the Android software, but distributes it to other mobile phone makers such as Samsung and HTC. This has helped manufactures cut the cost of smartphones and have been able to create stiff competition for Apple iPhones.
Google it seems has a long way to go and there is still space for going upwards. Especially with the leadership of Larry Page, the company should be in the headlines for more days to come.
By Ubergizmo. Related articles: Qualcomm Announces Snapdragon 200 And 400 Chipset, BT Tower Breaks World Record With A 320-Gigapixel Photo,
Aug 03
Robot stock traders lose $440,000,000 in 45 minutes, need someone to spell it out
Posted in: Today's Chili 
Humans never learn and apparently neither do robots. Autonomous trading AIs went on a spending spree at Knight Capital Group in New Jersey this week, buying up shares in everything from RadioShack to Ford and American Airlines (ouch) in a 45-minute frenzy of disobedience. The company tried to offload the unwanted stock, but discovered it was already nearly half a billion dollars in the red — enough to wipe out its entire profit from 2011 and “severely impact” its ability to conduct business. If only it had protected itself with one of these.
Filed under: Misc. Gadgets, Robots, Software
Robot stock traders lose $440,000,000 in 45 minutes, need someone to spell it out originally appeared on Engadget on Fri, 03 Aug 2012 10:02:00 EDT. Please see our terms for use of feeds.
Jul 31
It might not pack the same thrill as the rumors of in-feed video, but Twitter has added clickable stock symbols on tweets. This now throws up search results for both the stock and the company, using a new ‘cash’ tag, like $FB, to differentiate from typical links and tags. As noted by TNW, it’s bad news for the founder of StockTwits, a service that offered similar functionality to gather tweet-based financial nuggets. The new feature is live across Twitter’s web client — though it hasn’t hit TweetDeck just yet — and should make discovering exactly how many millions companies have made (or lost) all a bit faster.
Filed under: Internet
Twitter quietly adds clickable stock symbols originally appeared on Engadget on Tue, 31 Jul 2012 05:22:00 EDT. Please see our terms for use of feeds.
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