Getty Images Federal Reserve Board Chair Janet Yellen holds a news conference after the central bank announced an increase in the benchmark interest rate following a Federal Open Market Committee meeting December 14, 2016 in Washington, DC. Traders increased bets on a June 2017 interest rate hike after the Federal Reserve on Wednesday raised rates and surprisingly forecast three increases for the coming year. The CME Group FedWatch probability for a June 2017 rate hike rose from a 57.7 percent chance for a June rate hike to 78 percent after the central bank announcement. June “probably makes sense” for the…
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The vice-chancellor, while asking to pause paper evaluation till police reports were received, also asked to ensure more careful and stricter security on question papers. Pune University. Image source: blogete RELATED STORIES Haryana government plans ‘free Wi-Fi’ for college campuses: Education minister Classical music enhances concentration power: study says IIM directors think to strengthen brand IIM ‘Signal schools’ to be launched by the Maharashtra government: Underprivileged street kids to get education Indian-American IT entrepreneur to fund Indian journalist Nearly a week after the report of Electrical Engineering first year exam paper leak, the vice-chancellor of Savitribai Phule Pune University (SPPU),…
A Wednesday summit between some of the most powerful people in technology and U.S. president-elect Donald Trump covered a wide ground but avoided discussion on two of the biggest issues facing the industry: the use of encryption and government surveillance. Trump’s team called the meeting the start of “a conversation and partnership in order to spark innovation and create more jobs in the U.S.” and said it could be repeated as often as once a quarter once he assumes the presidency. Many in Silicon Valley had been vocal opponents of Trump prior to the election, but in meeting executives of…
By Agam Shah | Follow U.S. Correspondent, IDG News Service | Dec 14, 2016 9:40 PM PT Dell Venue 8 with PowerVR Dell’s Venue 8 tablet has a PowerVR GPU. Credit: Alexandru Voica/Imagination Technologies MORE LIKE THIS 160907 apple iphone7 3 The mysteries of the GPU in Apple’s iPhone 7 are unlocked ARM demonstrating Ice Cave app on Gear VR New ARM GPU could bring VR to low-cost smartphones by 2018 pebble smartwatch Imagination eyes wearables as target for graphics chips VIDEO Fujitsu’s digital room lets you write on walls and tables Apple’s powerful iPhone 7 GPU is based on…
Popular online note-taking service Evernote has announced an update to its privacy policy, allowing some of its employees to read your notes. The updated policy will come into effect starting January 23, 2017. The reason behind the move is described as: “this is primarily to make sure that our machine learning technologies are working correctly, in order to surface the most relevant content and features to you.” And that’s not all – there’s no way for users to opt-out of this change. “And please note that you cannot opt out of employees looking at your content for other reasons stated…
Looks like Motorola’s Moto Z Play smartphone is all set to receive the Android Nougat update. Model XT1635-02, running Android version 7.0, has received Wi-Fi certification from the WiFi Alliance (WFA). While there is currently no information on exactly when the roll out will begin, given that the Nougat-powered model of the handset has started collecting the required certifications, we expect that to happen sooner than later. This comes just a few days after the Moto X Play running Android Nougat (version 7.1) was spotted on benchmarking website GFXbench. The Nougat update has been already rolled outby Motorola to its…
Remember the Sony Xperia G3121 and G3112 that were spotted on the website of Russian regulatory body back in October this year? Well, new details have emerged about these handsets. According to a rumor out of China, the devices will be powered by Snapdragon 820 SoC. The rumor also says that the phones will sport 5.2-inch and 5.5-inch display, respectively, and will be unveiled at the upcoming Consumer Electronics Show (CES) 2017. Needless to say, none of this has been officially confirmed, so don’t take anything for granted just yet. Via source”cnbc”
VCG | Getty Images Wanda Group chairman Wang Jianlin attends the press conference of 2017 Gree China Cup International Football Championship on December 7, 2016 in Beijing, China. Wang Jianlin may be ready to hand over the reins of his 634 billion yuan (HK$712 billion) business empire – spanning from shopping centers, theme parks and sports clubs to cinemas – to a successor, but his only son may not be the one. The founder and chairman of Dalian Wanda Group said he was most likely to pick a professional manager to take over the running of his business, according to…
heck out which companies are making headlines before the bell: Joy Global — The mining equipment maker reported adjusted quarterly profit of 17 cents per share, matching estimates, while revenue fell short of analysts’ forecasts as the commodity price slump continues to impact Joy Global’s customers. Express Scripts — The pharmacy benefits manager reaffirmed its adjusted 2017 earnings guidance, and raised its overall outlook stemming from tax benefits related to its disposition of its PolyMedica unit. It is also revising its methodology for reporting network claims. Nvidia — Evercore upgraded the graphics chipmaker’s stock to “buy” from “hold,” even after…
The biggest source of speculation at a Fed meeting — whether or not the board will decide to raise interest rates, which it has done only once since 2006 — is all but a foregone conclusion this time. The bigger question is what the Federal Reserve will do in 2017, and how that will impact the markets, policymakers and ordinary investors under a Trump administration. “There’s less uncertainty than usual about this decision,” said Joseph Gagnon, senior fellow at the Peterson Institute for International Economics. More from NBC News: International college students leery of Trump could cost U.S. billions Next…