Karl Francois

69 Flips | 2 Magazines | 70 Likes | 1 Follower | @KarlFrancois | Keep up with Karl Francois on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Karl Francois”

Apple Accidentally Posts Photo Of New iPhone

Well this is embarrassing…<p>Apple, famed as the world’s most secretive technology company, has accidentally posted photos of a new, unknown iPhone straight to its Apple Store website.<p>Interestingly the shot comes as a direct result of Apple launching its new Lightning Dock with the last photo in the …

Mobile Technology

Five Top Venture Capitalists Name The Top 10 Tech Trends Of The Next 5 Years

Get ready for the Skynet economy, the death of the car, and the re-emergence of women in tech.<p>Those are three of the top 10 trends coming in technology in the next few years, according to several top venture capitalists. They made their predictions Thursday night at a local Silicon Valley …

Venture Capital

Billionaires Tony Ressler And Sara Blakely Snatch Atlanta Hawks For $730M

<b>UPDATE:</b> <i>While initial reports indicated the figure was $850 million, the actual acquisition price was $730 million, according to Forbes’ Mike Ozanian.</i><p>Billionaire Antony Ressler finally got his hands on an NBA team. Reports indicate Tony, as he’s known, led a group of investors which bought the …

Sara Blakely

What To Expect From The Apple Watch—The Good, The Bad And The Unknown

On Monday, all eyes are going to be on the Yerba Buena Center for the Arts in San Francisco, where Apple is set to reveal more about its long-awaited Apple Watch. We’re expecting the Cupertino company to tell us everything we need to know about its smartwatch, including how much each model will …

Crude at Risk of Getting Drilled Again

DailyFX.com -<p>Daily<p>Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0<p>Automate trades with Mirror Trader and see ideas on other USD …

Nokia is paving the way for driverless cars

A fleet of 300 cars is methodically criss-crossing major cities around the world, documenting our streets in painstaking detail.<p>They aren't Google's Street View cars, but Nokia's Here True cars, similar vehicles with a slightly different goal. Nokia wants to create the next generation of …

Greek Stocks and Bonds Sink After ECB Debt Decision

Standoff Between European Central Bank and Athens Weighs on Greek Shares, Bonds and Euro<p>Greek stocks and bonds took a beating Thursday after the European Central Bankfueled an increasingly tense standoff between the Greek government and its international creditors.<p>Athens’ main stock index fell by …

Economics

Australian stocks surge to new seven-year high on rate cut optimism

The Australian share market has achieved its longest winning streak in more than 11 years, with the financial sector driving its latest day of gains.<p>The market rose by almost 0.6%, marking its 11th straight session in positive territory, as investors continued to be buoyed by Tuesday’s reduction in …

European Markets Close Higher

Rebound Follows Early Jitters Over Falling Oil Prices<p>European markets closed higher Tuesday, rebounding after an early wobble sparked by a fresh plunge in the price of oil.<p>The Stoxx Europe 600 erased opening losses to end 1.4% higher. Travel stocks on the index led the way, climbing 1.9%, as …

Stock Markets

Eurozone Bonds Surge on QE Hopes

Weak Manufacturing Data Boosts Expectations That Asset-Purchase Program Will Be Expanded<p>European government bond prices surged to highs after weak manufacturing data reinforced hopes that the European Central Bank will expand its asset-purchase program to include government debt early this year.<p>The …

Economics

Japanese Bond Yields Hit Historic Low

TOKYO—Japanese government bond yields sank to their lowest-ever level Thursday, defying an upswing in U.S. yields over the last week and demonstrating the Bank of Japan’s overwhelming influence on the market.<p>The benchmark 10-year Japanese government bond was yielding just 0.31% in afternoon …

Bank of Japan

Asian Markets Are Up

Tokyo opened 1.17 percent higher, Hong Kong added 0.15 percent, Seoul gained 0.38 and Sydney rose <b>0.22 percent</b> in morning trade.<p>Shanghai rebounded slightly after a three percent drop the previous day, edging up 0.22 percent.<p>Trade was thin ahead of the Christmas holiday, with half days in Hong Kong …

Dow tops 18,000, S&P 500 at record high, too

The Dow and the S&P 500 stretched further into record territory following news of 5% economic growth and the strongest consumer sentiment since 2007, with the blue-chip index crossing 18,000 for the first time and closing above that milestone.<p>The Dow Jones industrial average DJIA ended up 64.73 …

U.S. Economy Shows Explosive Growth in Third Quarter

The U.S. economy grew at a sizzling 5 percent annual rate in the July-September period, the fastest in more than a decade, on the strength of higher consumer spending and business investment.<p>The resurgence in growth last quarter provided the latest evidence that the U.S. economy is steadily …

Wall St. ends flat in short session, Dow ekes out record close | Reuters

NEW YORK (Reuters) - U.S. stocks closed flat in a short session on Wednesday as investors found few reasons to push major indexes to their sixth straight day of gains despite strength in biotechs and bullish labor market data.<p>While both the S&P 500 and Dow touched intraday records, and the Dow …

3 tips for choosing the right city for your startup

You’ve got your disruptive idea. You’re making the rounds with angels and VCs. But where will you launch and set up shop with your new startup?<p>A successful business can have origins in almost any location — Rogers, Arkansas, was the site of the first Walmart, after all. Strategically basing your …

President Obama Made One Of History's Greatest Stock Market Calls In March 2009

Barack Obama is having a pretty good month. On Thursday, the Supreme Court voted in favor to uphold the Affordable Care Act, aka Obamacare.<p>You could argue that he's having a pretty good presidency overall. On comedian Marc Maron's podcast on Monday, he listed a bunch of things he accomplished while …

US stocks eke out gains in abbreviated trading day

HONG KONG (AP) -- Asian stock markets were mixed on Thursday as tech-sector losses on Wall Street weighed on sentiment. Trading in some markets was muted ahead of the Easter long weekend.<p>KEEPING SCORE: Japan's Nikkei 225 rose 0.4 percent to 21,121.17 after a sharp drop in the yen made shares …

Russia says currency crisis over, but inflation set to soar

MOSCOW (Reuters) - Russia said on Thursday its currency crisis was over even though its forex reserves have plunged and annual inflation has climbed above 10 percent, adding to the problems facing the government as it fights its worst economic crisis since 1998.<p>An employee counts Russian ruble …

Alibaba 101: Inside the record IPO

A new star in the tech world is forming right before our eyes.<p>Alibaba, the Chinese e-commerce giant, raised more money this week in its initial public offering than Facebook (FB) or Visa (V) did. It generated an eye-popping $21.8 billion in a record-shattering IPO on the New York Stock Exchange.<p>Few …

U.S. gasoline prices fall to four-year low: Lundberg survey | Reuters

(Reuters) - The average price of a gallon of gasoline in the United States has dropped one dollar since early May, the lowest price in more than four years, according to the Lundberg survey released Sunday.<p>Vehicles wait in line at a gas station in Turnersville, New Jersey December 4, 2014. …

Here are Wall Street’s six worst trades of 2014

A lot of money went the wrong way on Wall Street this year, and none of it was managed by the Quartz staff. Still, we used our 20/20 hindsight to gather up six of the worst investing ideas of the year. We hope none of them have punished your portfolio too much.<p><b>1. Oil</b><p>Analysts had expected oil prices …

Here’s the now-debunked story of Stuyvesant High’s $72 million kid

<i>Editor’s note: The high-school senior mentioned in this report was later quoted by the New York Observer as saying the story was fabricated. For an</i> …