n yesterday’s OLED technology explainer, Jon L. Jacobi noted that organic light-emitting diodes (OLED) technology has applications beyond its use in high-end TVs. The Aerelight A1 desk lamp is a good example: It uses a single five-inch-square OLED to illuminate your desktop work surface. As an object, it’s very pretty. As a desk lamp, it’s not as practical as it could be. The Aerelight A1 is fabricated from a single piece of brushed aluminum and is available in three anodized finishes: Red, black, or silver. The company says it’s open to the idea of producing additional colors if there’s enough…
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Friday was a day of big superlatives for the financial markets, with stocks, oil and bonds all posting significant negative milestones. The Dow Jones industrial average fell below 16,000 for the first time since September. The S&P 500, down more than 8 percent so far in 2016, is off to its worst start to a year ever. WTI crude oil fell below $30 a barrel to the lowest price since 2003. The 10-year Treasury yield breached 2 percent, a level not seen since the turmoil last October. And that’s just the U.S. Here are all the major indexes around the…
We’ve all loved to hate Microsoft’s free Windows Defender software—it’s been so mediocre that it’s been considered the baseline metric in third-party tests. But recent independent tests show it’s actually outperforming a number of third-party suites, some of which charge you money to use them. Results released by AV-test.org for the month of December put Microsoft right in the middle of the pack of its list of antivirus software for home users. Microsoft is still near the bottom of the heap in the business market, however, using the version of Microsoft System Center that’s been integrated into Windows 10’s business…
sold off once again, but strategist Bob Doll said a bear market is not necessarily in the cards. “I do not think we’ll enter bear market territory, assuming that’s defined as 20 percent (decline), but needless to say the only way we can avoid that is if the price of oil stops going down and the dollar stops going up, because those two things were the cause of the decline in earnings expectations all year last year,” Nuveen Asset Management’s chief equity strategist told CNBC’s “Worldwide Exchange.” Crude futures sank more than 5 percent Friday to dip back below $30…
Marvin Minsky, a professor emeritus at MIT who pioneered the exploration of the mind and its replication in a computer, died on Sunday from a cerebral hemorrhage at the age of 88, according to MIT Media Lab. In his prologue to his seminal book, Society of Mind, Minsky wrote that the book tries to explain how the mind works, and “that you can build a mind from many little parts, each mindless by itself.” In 1982, he wrote in a magazine article that, “it will be a long time before we learn enough about common sense reasoning to make machines…
Consumer sentiment in the U.S. came in better than expected for January, according to a Friday report. The index of consumer sentiment hit 93.3, data from Surveys of Consumers showed. The reading is also the highest since June, according to Reuters. Analysts polled by Thomson Reuters expected consumer sentiment to rise slightly, to 93, from the prior month. Consumer sentiment was at 92.6 in December. “Consumer confidence inched upward for the fourth consecutive month due to more positive expectations for future economic growth. Personal financial prospects have remained largely unchanged during the past year at the most favorable levels since…
Jeff Bezos and company appear to desperately want a piece of that Android pie. According to The Information, Amazon is looking to partner with primo smartphone OEMs to start integrating some of its services into devices, though much deeper than merely preloading applications, as it already does with Samsung’s devices. A summary of the report—the entirety of which requires a subscription to read—states: Amazon.com is looking to cement tighter software partnerships with Android phone makers, its latest effort to get more customers for its services on smartphones, say people briefed on different aspects of the discussions at Amazon. Amazon has…
Despite this week’s market turmoil around the world, one of Wall Street’s biggest bulls maintains the end of the correction may be near. On CNBC’s “Futures Now” on Thursday, Tony Dwyer, who has an impressive 2,350 price target on the S&P 500, said he is watching four key indicators that prove the market may have found a bottom this week. “We tend to wait for the market to get oversold enough and as of this week we got into that category,” said the chief U.S. market strategist for Canaccord Genuity. “Our key four indicators will close this week in an…
on rates until June, following a major selloff in the market Friday morning. The chance of a March hike, above 50 percent just a few days ago, has dwindled to 35 percent. The next closest month for a hike is now June, which has a 54 percent probability. Earlier in the morning, expectations had put the hike off until July, but that pulled in after New York Fed President William Dudley said in a speech that he still sees rates on a steady trajectory higher. The decline comes amid a slowing economy, tumbling oil and weakness in Japan. Fed officials,…
The European Data Relay System’s first node, EDRS-A, is packed into its flightcase atop its host satellite Eutelsat-9B in Airbus Defence and Space’s facilities in Toulouse, France Credit: Airbus Space and Defense COMMENTS Martyn Williams IDG News Service Jan 25, 2016 3:39 PM A “space data highway” that links satellites using high-speed laser transmissions should take a big step forward this week with the launch of the Eutelsat 9B satellite. The satellite’s main role will be downlinking hundreds of TV channels to viewers in Europe, but it will also carry the first node in the European Space Agency’s European Data…