At a time when many furniture retailers like Williams-Sonoma andRestoration Hardware are struggling, Jim Cramer turned his attention to Wayfair to see how it could differentiate itself from the competition. Online retailer Wayfair sells furniture and home goods at bargain prices for brands like Joss & Main, All Modern, Birch Lane and Dwell Studio. However, it seems that regardless of how the company is doing, the stock continues to be a target of short sellers who dismiss its ability to compete against traditional home-goods retailers. With the stock down more than 16 percent for the year, Cramer spoke with Wayfair’s…
Author: Deep
SIM cards have gone from regular through mini and micro to nano and soon they will be the size of electrons. The Samsung Gear S2 classic 3G is the first product to support this new standard called eSIM. This is a built-in, programmable SIM that allows users to remotely connect to a device to a mobile network. This makes it easier to join a carrier of your choice (no trips to the store!). For now, the GSMA intends these eSIMs to be used for secondary devices – like the Gear S2 classic 3G smartwatch, tablets, smart bands and various Internet…
Adobe Systems released new versions of Flash Player in order to fix 18 critical vulnerabilities that could be exploited to take over computers, including one flaw that’s already targeted by attackers. “Adobe is aware of a report that an exploit for CVE-2016-1010 is being used in limited, targeted attacks,” the company said in a security advisory. The flaw stems from a heap overflow condition and was reported to Adobe by researchers from antivirus firm Kaspersky Lab. Kaspersky Lab did not immediately respond to an inquiry seeking more details about the targeted attacks in which the vulnerability is being exploited. Adobe…
St. Louis Fed President Jim Bullard said Thursday the silver lining of the stock market’s correction was it averted an asset bubble. Despite investor concern about the 2016 market downtown after years of strong returns, Bullard told CNBC’s “Squawk Box” that U.S. equities seem to be better priced at current levels. “If we had continued to go up at that same pace, that would have been an asset pricing bubble,” he said. “You’re [now] closer to fair value.” ‹ US is still in a bull market: Investor ETF combos trades may help weather market storm › Bullard attributed this year’s…
he Cupertino, CA Company successfully launched the mobile payment service just as planned for a February launch as reported back in November. Apple Pay is slowly but surely shaping up the mobile payments industry starting in October 2014 with the launch of the iPhone 6. Apply Pay’s countries of availability include: the USA, United Kingdom, Canada, and newly added to the list: China. Apple has its own work cut out for competing against other mobile payment companies that are already established in China, such as WeChat Payment and Alipay from Alibaba Group. [“source-gsmarena”]
Huawei has started rolling out a new update to its Mate 8 flagship smartphone that includes Android security patch for the month of February. The update also brings along fixes to several issues, including those related to security, privilege escalation, and remote code execution. If you are a Mate 8 owner, you should see an OTA update notification soon, if not already. However, if you’re feeling impatient, you can also check for the update manually by heading to your handset’s settings menu. Among other devices, BlackBerry’s Android-powered Priv and Nexus devices have alreadyreceived this month’s Android security update. [“source-gsmarena”]
Some food trades have flourished during an otherwise rough year for stocks, but “Fast Money” traders said Wednesday they would hesitate to jump into the sector. Tyson Foods, Campbell Soup and Hormel Foods shares have climbed 22, 15 and 10 percent this year, respectively. In that span, the S&P 500has fallen more than 5 percent. Some traders contended that those food stocks look too expensive at their current levels. “It’s absurd the multiple you’re paying for that company,” trader Tim Seymour said of Tyson. Source: Tyson Foods Facebook Tyson Food workers handle boxes of food for shipping. If he had…
Broadband providers would often be required to get customer permission to use and share personal data they collect under regulations proposed by the U.S. Federal Communications Commission. Broadband providers have an unrivaled ability to track customers and collect personal data, and there currently are no specific rules covering broadband providers and customer privacy, FCC officials said Thursday. The goal of the rules is to give broadband customers notice, choice and control over their personal data, FCC officials said during a press briefing. “Your ISP handles all of your network traffic,” FCC Chairman Tom Wheeler wrote in the Huffington Post. “That means…
estimated 3 million Americans have glaucoma, and 120,000 are blind because of the disease. A study published this week in JAMA Ophthalmology shows that a diet rich in green, leafy vegetables might reduce the risk of this debilitating disease. It is time to break out the spinach. Could nitrates in leafy greens prevent glaucoma? Glaucoma is a leading cause of blindness; even if treatment is received, 10% of people with the condition will eventually lose their sight. Unfortunately, as it stands, there is no cure; to make matters worse, there are no early symptoms that might assist in catching the…
The facelifted BMW 3 Series GT was recently spotted on test at the Nurburgring. The 3 Series Gran Turismo model gets updates similar to the ones on the revised 3 Series sedan. The slightly camouflaged test mule mirrors the changes as seen on the present BMW 3 Series sedan. The new bumpers are nicely sculpted and the car sports revised LED headlamps and tail lamps. There seem to be no changes to the GT’s tapering roof that ends into the boot with a spoiler. The changes in the interior are expected to be similar to the sedan with new contoured…