Tech

New York (CNN Business) The attempt to roll out amped up mobile service across the United States has been a bit of a mess. The aviation industry and transportation regulators are worried about new 5G antennas interfering with a key type of aircraft altimeter that's essential for landing planes in bad weather. But wireless carriers and telecom regulators have said there's nothing to fear. The authorities have been in a weeks-long stalemate. And the whole thing culminated this week with some major international airlines canceling some US flights, as regulators, telecom giants, and airlines blew past a deadline to come to an agreement. AT&T and Verizon are now, yet again, delaying their plans to switch on their new 5G antennas near certain airports. Regulators are still hashing out solutions. And a lot remains unclear. The President of Emirates, Sir Tim Clark, told CNN on Wednesday that the airline was not aware of some of the potential 5G rollout issues until yesterday … [Read more...] about The 5G-airline snafu: Everything we know

(CNN Business) The next-generation of wireless technology is now even faster for 5G users in some parts of the country. Telecom companies have rolled out 5G networks to various locations across the United States over the last few years, delivering an experience that's arguably only a notch above what 4G offers. But on Wednesday, Verizon ( VZ ) and AT&T ( T ) turned on their C-band 5G networks -- an important set of radio frequencies that will supercharge the internet as we know it. "The impact will be that users will likely consume more data, the connection will be more robust and most likely we may see new types of applications emerging," said Dimitris Mavrakis, senior director at market research firm ABI Research. "5G is also positioned toward enterprise services, so this upgrade may push both carriers' plans to address this domain even further." International airlines suspend some US flights over 5G uncertainty If … [Read more...] about What is C-band 5G? Verizon and AT&T are flipping on the switch in the US

Share to Twitter Share to Linkedin Investors are buying up legacy companies as quickly as they are dumping innovative digital businesses. Everything is upside down. It may stay that way for a while. Shares of Hewlett HPQ Packard (HPQ) jumped last week to a new high as DocuSign (DOCU) stock plummeted. Luddite investors are choosing printers and messy ink over the digital equivalent. It’s time to consider buying Oracle ORCL Systems (ORCL) . Let me explain. The stock market is in the midst of a rotation. It is the beginning of the year and the really big money is pouring into the market. Large institutional accounts skew heavily toward conservative, value investing strategies. This makes sense. Their investors, mostly pension funds, are more afraid of losing their capital than posting big returns. Holding Hewlett Packard in the portfolio is an easier sell to clients than DocuSign. Hewlett is a fundamentally cheap household name whereas … [Read more...] about Why Oracle Will Survive And Thrive In Tech Shake-Out

- A + A SINGAPORE (Jan 20): A small blank-cheque firm backed by state investor Temasek made its Singapore debut on Thursday, marking the first such local listing as Singapore steps up a drive to emerge as a key venue for listings of this type. This came four months after Singapore Exchange (SGX) allowed special-purpose acquisition companies (SPACs) or shell firms to list, easing proposed rules in response to market feedback. The listing of Vertex Venture's SPAC also marks the first major debut of such vehicles in Asia since the frenzy seen in the United States in early 2021 prior to regulatory changes there. "As the first SPAC in Singapore, we had to tread through difficult and unchartered waters," Chua Kee Lock, chief executive officer of Vertex Venture, a Temasek subsidiary, told company executives, bankers, and lawyers at a listing ceremony. With an eye on sectors such as cybersecurity and fintech, Vertex Technology Acquisition Corp raised S$200 million … [Read more...] about Singapore lists first SPAC as Asia investors warm up to blank-cheque firms

- A + A KUALA LUMPUR (Jan 20): Manulife Investment Management (Manulife IM) says Malaysia’s accelerated vaccination rates, which was faster than what the market had anticipated, combined with increased government spending ahead of the next general election could support domestic demand amid the lingering effects of the pandemic. At a media briefing on Thursday (Jan 20), Manulife IM’s Head of Macro Strategy (Asia), Sue Trinh said the outlook for Asian countries in 2022 is a mixed bag as the cyclical macro conditions are favourable for reopening and recovery in Taiwan, select Asean countries such as Vietnam, Indonesia, Thailand, Singapore and Malaysia, as well as Japan. “Structurally, the Asian region has a lot of work to do to recoup lost output due to the pandemic. The biggest concern remains weak consumer demand which will be exposed by the looming downturn in export growth. “On the other hand, Asia’s milder inflation expectation comes down to one simple factor — … [Read more...] about Accelerated vaccination rates, higher govt spending to support domestic demand, says Manulife IM

- A + A LONDON (Jan 20): European stocks fell on Thursday as cautious investors continued to assess how far and fast the US Federal Reserve will begin raising interest rates this year. Also keeping a lid on risk taking were the tech-laden US Nasdaq entering correction territory on Wednesday, a sell-off in bonds, still elevated crude oil prices and increased political tensions over Ukraine. But Chinese stocks were a bright spot after the country cut benchmark mortgage reference rates to ease pressure on its property sector. The STOXX index of 600 European companies was down 0.17% at 480 points, below its life-time high of 495.46 points hit in the first week of trading this year. Blue-chip indexes in Frankfurt, Paris and London were all lower. Gains in Asia helped to counter the pullback in Europe to keep the MSCI all country stock index in positive territory, up 0.16% at 728 points, but still down about 3.8% so far this year. "There is a tonne of caution now," … [Read more...] about Stocks slip in Europe as investors refine Fed hike bets

The p revailing belief is this: Don’t hire overqualified workers. They’ll be bored. They’ll be dissatisfied. They’re flight risks. advertisement advertisement But isn’t this for the candidate, not the company, to decide? Why are we comfortable believing there’s more satisfaction to be found in a job that consistently strains us past the limits of mental capacity, time, and stamina? Hasn’t the Great Resignation shown us that we can’t keep this pace? I quit my job in late 2020 along with millions of American workers. I had spent eight years doing editorial work in tech, startups, and online publications. I started as a technical writer, became copy editor, then managing editor, then content strategist—a predictable sequence for a career like mine. Less than a decade in, I could manage enormous editorial projects, start publications from the ground up, hire and manage teams. But I was exhausted. With each step up came more … [Read more...] about Why it’s sometimes harder to get a job you’re ‘overqualified’ for

NFTs entered the mainstream through the art world, as collectors paid headline-grabbing sums for digital works. And now there’s a growing number of Web3-first startups, including Catalog, Royal, and Sound.xyz, betting on the music industry carrying the next big NFT wave. advertisement advertisement Case in point: DoomsdayX , a new Web3 studio focused on developing tools and experiences to connect music fans and artists. DoomsdayX, a sister company to video production outfit Doomsday Entertainment , announced today a $1.5-million pre-seed round led by The Chernin Group , as well as The Producer NFT Collection, a project that allows fans to have a say in the creative and marketing decisions of an artist’s music video. Rapper Haleek Maul—no stranger to the crypto space, having sold several of his records on NFT auction house and music library Catalog —is DoomsdayX’s premier artist for The Producer NFT Collection. advertisement … [Read more...] about This Web3 music startup mints ‘producer NFTs’ as the future of fandom

Biotech stocks haven't been at their best of late. The SPDR S&P Biotech Exchange Traded Fund ( NYSEMKT:XBI ) has lost more than 30% of its value over the prior 12 months. The XBI is thus bumping up against its 52-week low as of this writing. Investors have been backing away from biotech stocks over the past year for many reasons, including inflationary pressures, the risk of rising interest rates, the threat of fundamental drug pricing reform in the U.S., and the appeal of other high-growth asset classes like cryptocurrency. All isn't lost, however. Biotech, as a whole, is still going through an unprecedented period of innovation. As a result, scores of untapped, high-value therapeutic markets are starting to open up, a fact that bodes well for the industry's long-term fortunes. Savvy investors, in turn, would be wise to take advantage of this broad selloff in biotech. Which biotech stocks are the most attractive buys amid this turmoil? Here are my top three biotech … [Read more...] about My 3 Top Biotech Stock Picks for 2022

While you might not like what I'm about to say, it's the truth: A stock market crash or steep correction may be brewing . Since the beginning of 1950, the benchmark S&P 500 has undergone 38 double-digit percentage declines, equating to roughly one every 1.9 years. Even though Wall Street doesn't strictly adhere to averages, it's important to recognize that crashes and corrections are a normal part of the investing cycle. On the other hand, dips in the market are also an incredible opportunity to pick up high-quality stocks at a discount. While there are numerous investing strategies that can make you richer over time, dividend stocks have a proven track record of outperforming their non-dividend-paying peers. Since dividend stocks are almost always profitable and time-tested, they're the perfect way to put money to work in a volatile market. If a stock market crash does occur in 2022, the following four dividend stocks would make for perfect buys. Image source: … [Read more...] about 4 Perfect Dividend Stocks to Buy if There’s a Stock Market Crash