Author: Deep

Over the weekend, several Hive smart thermostat in the U.K. were singing Nelly’s classic song Hot in Herre, and that wasn’t a good thing. A glitch in the popular thermostat sent temperatures at some users’ homes soaring to 32°C (89.6°F). Hive claims a user base of about 300,000 for its smart home products and is owned by British Gas, a U.K. gas and electricity provider. What caused the heating bug is unclear, but in a statement to The Memo, Hive called the problem a “temporary glitch.” Apparently some users would trigger the bug by entering “a certain sequence of commands in…

When you’re as big as Apple, you get used to staffing a strong legal department pretty quick. Copyright claims and lawsuits have become such a mundane part of the tech business that we honestly can’t even remember a time when Cupertino and Samsung weren’t at each other’s throats over some legal claim. Plus, suing a gigantic corporation is often a viable way to earn a few bucks and many have even turned it into a questionable, but still quite profitable business model. Still, there is always the honest case of being mistreated as a little player on the market and…

Amid the market’s new-found stability and less volatile environment, Jim Cramer could finally focus on his strong suit—bottom-up analysis of stocks. “This less brutal backdrop has allowed us to analyze individual stocks and make judgments the way we used to before the beginning of this miserable year,” the “Mad Money” host said. Cramer attributed the positive backdrop to the Federal Reserve putting itself on hold, as well as China and oil finally behaving itself. So despite a weaker overseas market, Cramer has retail earnings on his radar as consumers will have plenty of spare change to spend thanks to better…

Remember “Goldilocks,” that pristine economic condition where growth was strong but not so strong as to induce tighter Fed policy? Well, now meet her evil twin. This is the new state of affairs in the U.S., where growth isn’t strong enough to inspire much confidence but not weak enough to induce easing from the U.S. central bank. It’s an uncomfortable place for investors, evidenced by a move away from stocks despite a strong week for the markets. Read MoreGlobal economy faces a ‘five-finger discount’ Global equity funds surrendered a net $12.2 billion in outflows last week, the highest level of…

nce Russian cosmonaut Yuri Gagarin became the first human to orbit Earth in 1957, we have been learning how the human body changes under low gravity. The effects of space travel on muscle and bone, brain and nerves, heart and circulation, sleep, digestion and exercise, and many other body functions continue to be subjects of scientific discovery and investigation. The researchers say their discovery about genetic differences and vision problems in astronauts may have profound implications for the general population. More recently, missions on board the International Space Station have revealed previously unreported effects of long-duration space flight on eyesight.…

reat deal of emphasis is put on managing and removing childhood diseases as quickly and effectively as possible, and rightly so. Less attention is paid to the long-term health of a child who has been through substantial physical and mental trauma. Retinoblastoma accounts for 2-3% of all childhood cancers. A recent study, published in the journal Cancer, followed up patients who had, in their youth, survived retinoblastoma – a tumor of the eye. Survival rates for retinoblastoma in America are excellent; the 5-year survival rate is around 97%. However, little information is available regarding the survivor’s future illness and well-being.…

Rampant volatility in the U.S. stock market is showing up in the high-end housing market. But as with all things real estate, the impact depends entirely on location. 2016 started with a severe stock swoon, and that had an outsized impact on homebuyers with a higher net worth. Historically, high-end housing suffers most in a market downturn. “As you go up the income quintile, into the top 10 percent, 5 percent, 1 percent by income, their stock exposure increases,” said Sam Khater, chief economist at CoreLogic. “For the typical family, the bulk of their equity is tied up in home…

The Ford EcoSport is cheaper now. Ford has announced a price cut for their most popular SUV, the EcoSport. Launched in 2013, the EcoSport had received a mid-life update at the end of 2015. The price cut seems to be largely inspired by the pricing offensive offered by its latest and prime competitor, the Maruti Suzuki Vitara Brezza. Ford EcoSport was the first sub-four-metre compact SUV in the Indian market and enjoyed its position as the market leader for quite some time. The crossover SUV is now cheaper by almost Rs 54,000 (ex-showroom, Delhi) for the entry-level manual transmission petrol…

Volvo India revealed that they plan to introduce hybrid vehicles in India this year. Though the manufacturer didn’t reveal the line-up, we expect the carmaker to launch the hybrid version of the XC90 first. Chief executives at Volvo believe that tighter emissions rules in Europe will push up the price of diesel cars to the point where plug-in hybrids will become an attractive alternative. With their plan of introducing these hybrid cars globally, we can expect some models to be launched in India as well. So instead of a diesel-hybrid version of their flagship XC90 vehicle, we can expect the…

Google has expanded the digital loss protection features in Gmail for Work, to help ensure that employees don’t share confidential information outside the company they work for. The service can now use optical character recognition on attachments, so administrators can ensure that employees aren’t sharing mounds of confidential data in images (whether intentionally or not). That adds to existing features such as the ability to look inside common attachment types, including documents and spreadsheets. The OCR capabilities integrate with content detectors, so administrators can do things like prevent members of the accounting department from sending an email with a credit…