Windows 10 now running on 75m devices in 192 countries, Microsoft figures reveal August 26, 2015 More than 75m devices around the world are now running Windows 10 since Microsoft released the new operating system less than a month ago. That means 31 devices – including phones, laptops and Xbox games consoles – were upgraded every single second over the last 28 days. It's the second time Microsoft has released figures [...]
Chinese economic crisis: China cuts rates as a pick-me-up after stock market crash August 26, 2015 Aftershocks from Monday’s chaos rippled through global markets yesterday, with shares bouncing back in parts of the west and China providing a shot in the arm for its battered trading floors and wavering economy. Following the worst worldwide stock market rout in years, the FTSE came out fighting and recorded its biggest one-day rise [...]
Tech stocks rebound on Nasdaq – Netflix, Facebook, Amazon and Apple share prices are on the up after Black Monday August 25, 2015 Tech stocks have rebounded after a dismal Black Monday. Netflix has had one of the biggest rallies in early morning trading, up around seven per cent, while Apple was up around 4.5 per cent. The tech-heavy Nasdaq, on which Apple is the heaviest weighted stock, was up more than three per cent after global markets [...]
Self-driving cars: This is why they won’t reach our roads for a long time August 25, 2015 There’s much excitement about the future of the self-driving car. We've heard endless discussions about Google's version ever since it was first launched in 2010, and now Apple has jumped on the bandwagon, too. Read more: Driverless car technology to get £20m UK government funding and testing guidelines introduced In fact, earlier this year [...]
Black Monday 2015: Shanghai shockwave wipes $1.6 trillion from global blue-chips in just one day August 25, 2015 More than one trillion dollars was wiped off the value of the world’s top companies yesterday, as panic on China’s trading floors sent shockwaves through global markets. Volatility soared to levels not seen since the aftermath of the financial crisis, prompted by renewed fears over the health of China’s economy and a near-nine per [...]
Black Monday 2015: US stocks battered in biggest fall since 2011 August 24, 2015 After briefly reversing the losses they suffered in early morning trading, US stocks dived back down again and experienced their biggest one-day fall in four years. Read more: Black Monday: Equities bloodbath continues on US markets as Dow Jones and S&P 500 plummet At close, Nasdaq was down 3.8 per cent at 4,526, while the Dow [...]
US stocks sink as investors fret over China – New York Report August 24, 2015 US STOCK indexes plunged almost four per cent yesterday as investors, rattled about China’s economy, sold heavily in an unusually volatile session. The Dow Jones industrial average briefly slumped more than 1,000 points, its most dramatic intraday trading range ever, before clawing back some of the losses to close down 588.4 points, or 3.57 per [...]
Black Monday: Tech stocks nosedive with Netflix share price leading the plunge, and Apple, Twitter, Facebook, Google following August 24, 2015 Tech stocks are taking a severe beating as US markets join today’s global stock market rout, with Netflix down over 11 per cent. The US’s tech-heavy Nasdaq index opened over four per cent down, following huge falls in both Asia and Europe amid investors’ fears that China’s slowing economy would lead a global slowdown. Media [...]
Twitter’s share price is tanking: Stock swoops below $26 IPO price August 20, 2015 The rapidly declining share price of Twitter has swooped lower than its IPO price of $26 – a new nadir for the troubled social network. Twitter shares have fallen by more than six per cent in early afternoon trading, sending stock as low as $25.94 per share, and tumbling past the marker which signals the [...]
Indices tumble as concerns rise on slowdown – New York Report August 20, 2015 The S&P 500 hit a more than six-month low yesterday, closing in negative territory for the year, on concern a deceleration in the Chinese economy would translate into slower global growth. The Dow Jones industrial average fell 358.04 points, or 2.06 per cent, to 16,990.69, the S&P 500 lost 43.88 points, or 2.11 per cent, [...]