Business news

• Samsung thinks foldable phones are the new flip phones

  09-11-2016 23:34 via cnet.com
  
  A patent application gives us a good look at the company's plans for a foldable smartphone.
  
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• Asia shares to rally as turnaround 'astonishes'

  09-11-2016 23:34 via news.yahoo.com
  
  By Wayne Cole SYDNEY (Reuters) - Asian shares were set to rally hard on Thursday after global markets made a truly remarkable comeback from the shock of Republican Donald Trump's presidential victory, dumping safe-havens for the tempting returns of risk assets. Copper alone added 3.4 percent while iron ore surged 4.7 percent to its highest since January 2015.
  
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• Twitter says COO Adam Bain to leave

  09-11-2016 23:23 via news.yahoo.com
  
  Twitter shares were down 4.3 percent in after-hours trading. Bain will be replaced by Chief Financial Officer Anthony Noto, the company said, adding it would begin a search for a new CFO. Noto, who became the finance chief in 2014, will continue to manage the live content business, and will manage Twitter's global advertising sales, data and mobile ad exchange MoPub.
  
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• Every cloud needs a cop: How the FBI secures its digital assets

  09-11-2016 23:06 via techrepublic.com
  
  At the 2016 Structure Conference, FBI CISO Arlette Hart explained how the bureau approaches security and manages its systems.
  
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• Naim updates high-end Uniti range with eye-catching design, Google Cast

  09-11-2016 23:05 via cnet.com
  
  Following the success of the mu-so streaming speaker, Naim has announced updates to its high-end Uniti streaming amps, which now include Google Cast capability.
  
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• Unions brace for pro-business shift in labor policy under Trump

  09-11-2016 23:00 via news.yahoo.com
  
  By Timothy Aeppel and Daniel Wiessner NEW YORK (Reuters) - Unions in the United States face sweeping changes to labor law and regulations under a new Republican administration that is expected to tilt policy toward employers. Republicans will take control of the presidency and both chambers of Congress in Tuesday’s elections, after unions failed to deliver key industrial states to Democratic candidate Hillary Clinton. Clinton's loss could have wide-ranging consequences for unions.
  
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• ​Now you'll see ads in your LinkedIn mailbox too

  09-11-2016 22:57 via cnet.com
  
  LinkedIn is just the latest social network to let marketers target users through their inboxes.
  
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• Keystone XL will be approved 'in the first week': Expert

  09-11-2016 22:33 via cbc.ca
  
  It seems clear that President-elect Trump will be good for pipelines and bad for the climate, but what about prices?
  
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• Facebook buys black market passwords to keep your account safe

  09-11-2016 22:11 via cnet.com
  
  The company's security chief says account safety is about more than just building secure software.
  
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• ​How AI could help save the humble sea cow

  09-11-2016 22:07 via cnet.com
  
  Google's neural network software is being used to scan thousands of photos to detect the cute mammals threatened by extinction.
  
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• U.S. arms export boom under Obama seen continuing with Trump

  09-11-2016 22:04 via news.yahoo.com
  
  By Mike Stone and Patricia Zengerle WASHINGTON (Reuters) - U.S. defense contractors, which saw international sales rise strongly under President Barack Obama's administration, can expect a continued boom in arms exports under Donald Trump, aided by persistent security risks in the Middle East and rising tensions in Asia and Europe. Shares of major defense contractors, including Raytheon Co. , Northrop Grumman Corp and General Dynamics hit lifetime highs, on Wednesday as investors bet on higher P
  
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• #Calexit secession movement trends on Twitter

  09-11-2016 21:27 via cnet.com
  
  If you can't beat 'em, leave 'em, or so goes the Brexit-inspired movement for California to secede from the US in response to Donald Trump's win Tuesday.
  
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• Trump victory clouds outlook for Time Warner-AT&T, other mergers

  09-11-2016 21:24 via news.yahoo.com
  
  WASHINGTON/NEW YORK (Reuters) - U.S. corporate dealmakers were likely to put major merger plans on hold as they assess whether U.S. President-elect Donald Trump will follow through on his populist promises and a threat to block AT&T Inc's purchase of Time Warner Inc , or act more like traditional business-friendly Republican administrations. Wall Street braced for a drop in deals, with Goldman Sachs on Wednesday projecting a 20 to 30 percent downside for earnings of banks that focus on merge
  
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• U.S. companies react cautiously to Trump victory

  09-11-2016 21:20 via news.yahoo.com
  
  U.S. companies reacted on Wednesday with caution to businessman Donald Trump's victory in the U.S. presidential election and pointed to uncertainty over his lack of clear policy proposals. A smattering of analyst conference calls held by companies reporting their quarterly results offered a glimpse of how they view the country's new path led by the former reality TV host. Following campaign promises by Trump to renegotiate global trade agreements and make U.S. companies move factories back to th
  
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• Aerospace and defense industry welcomes Trump victory

  09-11-2016 21:14 via news.yahoo.com
  
  Aerospace companies and lobbying groups embraced Donald Trump's presidential victory on Wednesday, setting aside fears that his policies would depress sales, shatter global alliances and roll back trade agreements. Boeing Co , which is finalizing a deal to sell jetliners to Iran, congratulated Trump and members of Congress and said it looked forward to working with them to promote global economic growth and protect workers. The warm response from the world's No. 1 plane maker echoed friendly ove
  
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• LastPass: The smart person's guide

  09-11-2016 21:03 via techrepublic.com
  
  This comprehensive guide covers everything you need to know about password management app LastPass, including its newly announced free cross-platform access.
  
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• Lessons in the cloud: How Juniper Networks made the switch and what you can learn

  09-11-2016 20:42 via techrepublic.com
  
  There are many steps for a company to transition to the cloud. At the 2016 Structure Conference, Juniper Networks' Bob Worrall explained how the company is managing the change.
  
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• ​Adobe Lightroom for Android makes it easier to dump your PC

  09-11-2016 20:24 via cnet.com
  
  A new feature, the ability to edit raw photos, makes tablets and phones a more powerful option for Adobe's software for editing and cataloging photos.
  
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• T-Mobile will sell you two Samsung Galaxy S7s for the price of one

  09-11-2016 20:23 via cnet.com
  
  The buy-one, get-one sale takes place this weekend.
  
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• These powerful PCs may cure your MacBook Pro spec blues

  09-11-2016 20:20 via cnet.com
  
  If you're a creative professional disappointed by the specs of Apple's new MacBook Pro, you have options -- take a look at how these powerful Windows laptops compare.
  
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• How to manage your Redhat subscription on RHEL 7.3

  09-11-2016 20:15 via techrepublic.com
  
  If you're taking Redhat Enterprise Linux out for a spin, Jack Wallen shows you how to connect your server to your Redhat account, so you can get the most out of that trial.
  
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• How to manage your Red Hat subscription on RHEL 7.3

  09-11-2016 20:15 via techrepublic.com
  
  If you're taking Red Hat Enterprise Linux out for a spin, Jack Wallen shows you how to connect your server to your Red Hat account, so you can get the most out of that trial.
  
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• How Amazon is planning for the second decade of the cloud revolution

  09-11-2016 20:15 via techrepublic.com
  
  AWS is one of leaders in public cloud, but the market is still evolving. Here's how they plan to keep innovating.
  
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• Kia's 2017 Cadenza offers full-size fancy for $31,990

  09-11-2016 19:58 via cnet.com
  
  Opt for all the trimmings and you'll be spending closer to $45,000.
  
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• Trump wins as the experts get it so wrong (The 3:59, Ep. 138)

  09-11-2016 19:52 via cnet.com
  
  We look at how social media fueled Trump's ascendancy. Also, good luck trying to move to Canada.
  
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• Trump's hostile attitude toward free trade could threaten tech sector and overseas commerce for US

  09-11-2016 19:38 via techrepublic.com
  
  With President-elect Donald Trump set to take office in January 2017, economists and tech leaders weigh in on how his presidency could impact global trade agreements and the tech sector.
  
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• Show off your superhero pride with Marvel fashion

  09-11-2016 19:36 via cnet.com
  
  Dress to impress with Avengers, Spider-Man, Doctor Strange, Squirrel Girl and other Marvel superheroes on clothes perfect for female fans.
  
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• Trump victory jolts automakers, lifts Caterpillar, railroads

  09-11-2016 19:31 via news.yahoo.com
  
  The election of Republican Donald Trump as U.S. president put new pressure on automakers and other manufacturers that have come to depend on open trade with Mexico, and lifted shares of companies that could gain if the new administration boosts infrastructure spending and eases curbs on coal. Investors are betting that some big U.S. manufacturers, such as mining and heavy equipment maker Caterpillar Inc , could benefit from possible changes in energy, climate and tax policies. The Obama administ
  
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• Big Oil revels in Trump victory, expects less red tape

  09-11-2016 19:20 via news.yahoo.com
  
  The world's largest energy market saw a boom in oil and gas output under Democratic President Barack Obama's administration, as improved technology led to the development of shale energy reserves that had previously been too expensive to produce. Now, they expect Trump to roll much of that back. While Trump has given little detail on energy policy, he has surrounded himself with shale industry supporters and voiced support for infrastructure projects, including pipelines.
  
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• Apple is doubling down on open source

  09-11-2016 19:07 via techrepublic.com
  
  Apple has been getting religion on open source, but more than code the industry needs its voice.
  
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• Electricity is for suckers: Mercedes goes racing with IMSA in 2017

  09-11-2016 19:03 via cnet.com
  
  Both works and customer efforts are slated to hit the track next year.
  
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• Exclusive: Goldman Sachs considers Frankfurt move over Brexit - sources

  09-11-2016 18:58 via news.yahoo.com
  
  By Alexander Hübner, John O'Donnell and Olivia Oran FRANKFURT/NEW YORK (Reuters) - Goldman Sachs is considering shifting some of its assets and operations from London to Frankfurt, three people familiar with the matter said, as it tries to secure access to the European Union market when Britain leaves the bloc. The U.S. investment bank is examining the step as a way to qualify for supervision by the European Central Bank, putting some of its operations under the watch of the euro zone's mai
  
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• Pandora rocks a redesigned web interface with new features

  09-11-2016 18:57 via cnet.com
  
  The music-streaming service's revamped website includes features designed to help you interact with your music in new ways.
  
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• Canada-U.S. trade relations face uncertainty with Trump victory

  09-11-2016 18:54 via cbc.ca
  
  Economists say Donald Trump's storming victory to claim the White House has ramped up uncertainty for Canadian trade with the United States.
  
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• GM to lay off 2,000 workers at 2 plants in Ohio, Michigan

  09-11-2016 18:45 via cbc.ca
  
  General Motors says it will halt the third shift at two vehicle factories in Ohio and Michigan because of reduced demand for cars.
  
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• Trump's win shows social media's blind spot

  09-11-2016 18:36 via cnet.com
  
  Even a close watch on Election Day social posts couldn't see the Republican candidate's victory coming.
  
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• Atlanta Fed keeps U.S. fourth-quarter GDP growth view at 3.1 percent

  09-11-2016 18:32 via news.yahoo.com
  
  The U.S. economy is on track to grow at a 3.1 percent annualized pace in the fourth quarter following data on wholesale inventories in September, the Atlanta Federal Reserve's GDP Now forecast model showed on Wednesday. The Commerce Department said on Wednesday domestic wholesale inventories grew 0.1 percent in September, less than the 0.2 percent increase forecast among economists polled by Reuters. The forecast of the contribution of U.S. inventory investment to fourth-quarter GDP growth incre
  
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• Fed to proceed with December U.S. rate rise despite Trump upset: Reuters poll

  09-11-2016 18:24 via news.yahoo.com
  
  While there was no prior official view on what the Fed would do if Trump won in a contest where nearly every poll of U.S. voters pointed to a victory for Democrat Hillary Clinton, many had said ensuing uncertainty from an upset might put up a roadblock. When the Fed last hiked, its first in the current cycle off the zero bound, it expected to have delivered four more by now, but was thrown off course several times throughout the year. Inflation has not picked up as the Fed expected, either.
  
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• Europe gets a blacked-out Nissan Leaf model with a Wi-Fi hotspot

  09-11-2016 18:23 via cnet.com
  
  Sadly, it's not coming to the US, like so many other neat things.
  
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• GM to lay off 2,000 workers at two U.S. plants due to slowing sales

  09-11-2016 18:20 via news.yahoo.com
  
  GM said it will furlough the employees when it cuts the third shift at its Lordstown, Ohio and Lansing, Michigan plants in mid-January. The Lansing Grand River plant builds the Cadillac ATS and CTS, whose sales were down 17 percent through October. GM also said it will invest $211 million at the Lansing plant for an unspecified "new product program." The company also will invest $668 million in its Toledo transmission plant for a new generation of transmissions.
  
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• Oil rises, recovering from shock Trump victory

  09-11-2016 18:18 via news.yahoo.com
  
  By Devika Krishna Kumar NEW YORK (Reuters) - Oil prices rose on Wednesday, as U.S. financial markets bounced back from a early Brexit-like slide that followed Donald Trump's surprise victory in the U.S. presidential election. "It remains to be seen whether U.S. President Trump will revoke the nuclear agreement with Iran that he has criticized so strongly," Commerzbank said in a note.
  
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• Kissy 'alien face' spotted in Mars formation

  09-11-2016 18:12 via cnet.com
  
  Pucker up. An alien-looking face appears in a Mars rock and it looks like it wants to give you a peck on the cheek.
  
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• JPMorgan CEO Jamie Dimon asks for unity in post-election memo

  09-11-2016 18:09 via news.yahoo.com
  
  NEW YORK (Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon called on employees, business leaders and government officials to work together on solutions to the United States' problems on Wednesday, in response to the surprise presidential election results. In a memo to employees, Dimon cited a "deep desire for change" and a frustration with the economy among the electorate, which voted Republican candidate Donald Trump into office. "We need to listen to those voices," Dimon wrote, c
  
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• Time Warner shares fall on worries Trump may block AT&T deal; bankers see M&A pause

  09-11-2016 17:59 via news.yahoo.com
  
  Time Warner shares were some 24.5 percent below the implied value of AT&T's $107.50 per share cash-and-stock offer in early trading on Wednesday, compared to a just under 22 percent discount at Tuesday's close, indicating greater investor skepticism that the companies will be able to complete the transaction. Dealmakers said there will be an immediate slowdown in mergers and acquisitions as companies and advisers seek clues on how Trump's antitrust enforcement policy will take shape and who
  
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• Martin Shkreli fires up Wu-Tang Clan tracks after Trump win

  09-11-2016 17:44 via cnet.com
  
  The controversial exec has the lone copy of Wu-Tang Clan's "Once Upon a Time in Shaolin," and he's sharing it with the world.
  
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• Tech stocks drop after Trump's victory -- except for Twitter

  09-11-2016 17:42 via cnet.com
  
  Major tech stocks including Apple, Amazon and Microsoft all started off Wednesday's post-election trading in the red, though Twitter was a notable exception.
  
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• Volvo, inventor of the seat belt, recalls 74,000 cars for unsafe seat belts

  09-11-2016 17:39 via cnet.com
  
  All the cars in this recall are either 2016 or 2017 models, many of them still on the lot.
  
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• Japan's new license plate might be the best ever made

  09-11-2016 17:19 via cnet.com
  
  It draws inspiration from the legendary Japanese artist Hokusai.
  
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• A lesson from Apple's Project Titan: Don't let hubris ruin your project

  09-11-2016 17:14 via techrepublic.com
  
  The not-so-secret Apple Car project appears to have been scaled back from a full-fledged Apple-branded automobile to software for other OEMs. What does this mean for the IT and auto industries?
  
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• Show off superhero pride with Marvel fashion

  09-11-2016 17:04 via cnet.com
  
  Dress to impress with Avengers, Spider-Man, Doctor Strange, Squirrel Girl and other Marvel superheroes on clothes perfect for female fans.
  
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