Robert Arthur Gan

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Yahoo in rumoured $1.1bn bid to buy white-hot Tumblr

Marissa Mayer, the former Google executive who is now in charge of Yahoo, is poised to create yet another nothing-to-riches tale in the web industry …

IBM's Watson Now A Customer Service Agent, Coming To Smartphones Soon

IBM’s question-answering Watson supercomputer is building quite the résumé. First it won a much-publicized showdown against the two greatest Jeopardy! champions of all time, then it went to medical school and emerged as a budding oncologist. Now Watson has a new job–as a customer-service agent with …

Google Is The New Hedge Fund Hotel, Boeing The Market Darling, And Apple's Looking Rotten

The 50 largest hedge funds in the world decided to sell Apple in the first quarter, replacing it with Boeing and, interestingly, Norwegian Cruise Holdings which went public in January, according to a report by FactSet. The group of hedge fund heavyweights, which includes the likes of Carl Icahn, …

Inside The Orwellian World Of Ad-Funded Face-Recognition Technology

Big business has refined facial identification. And it is everywhere.<p>As Lesley Stahl reported on "60 Minutes" last weekend, "the ability of computers to identify faces has gotten 100 times better, a million times faster, and exponentially cheaper."<p>The "60 Minutes" segment gives an in-depth account …

The Ménage À Trois Keeping This Market Alive

There are three things investors should never bet against: one is the world’s biggest fund manager, Ben Bernanke at the Federal Reserve Bank in Washington. The other is Mario Drahgi and the European Central Bank and most recently, the Bank of Japan.<p>For example, year to date, the liquidity pumping …

Apple’s tax bill is a window into the global post-industrial economy, and all its problems

The testimony by Tim Cook, CEO of Apple, on his company’s tax-avoiding habits has elicited mixed reactions. Some thought the company was being nailed to the cross; others thought the hearing added up to an Apple love-fest. But on the whole, the hearing wasn’t really about Apple’s tax shenanigans, …

Economics

Inspiring 85-Year-Old Lands A Job Four Days After Graduating From College

In conversation, while being tactful enough not to name names, Zedan made it clear that the instruction about pregnancy updates was directed at more than one family member, who like so many of their generation think that every kick or gurgle is worth sharing.<p>Her college experience, she says, while …

Tumblr's Recently Fired Editorial Team Just Missed Out on a $371,000 Payday

This article is from the archive of our partner .<p>Every single one of Tumblr's 178 employees will get money from the $1.1 billion Yahoo deal, which …

Sony mulls investor proposal to sell off movie, TV, and music units

Report says sale could finance a reinvigoration of Sony's electronics units<p>With Sony under increasing pressure to get out of the entertainment business and get back to making great gadgets, company managers have begun to evaluate whether to sell off part of the unit that oversees movies, TV and …

U.S. Trust Study Finds Wealthy Americans Underinvested And Unprepared

U.S. Trust released its 2013 Insights on Wealth and Worth report on Tuesday. The nation’s oldest trust company, under the wing of Bank of America since 2007, surveyed 711 wealthy American adults over the age of 18 with investable assets north of $3 million on a variety of wealth-related topics. The …

Border accountability builds trust

The immigration reform bill before the Senate is called the Border Security, Economic Opportunity and Immigration Modernization Act of 2013. The order is no accident. Border security is the linchpin, and few Republicans will support the broader legislation unless they are convinced the border can …

Xbox One HDD is non-removable, USB 3.0 supports external storage

The 500 GB internal storage featured in the Xbox One will be non-removable and non-user serviceable, and the three USB 3.0 ports will allow for external storage, Albert Penello, senior director of product planning at Microsoft confirmed with Engadget.<p>In comparison, the hard drive installed in the …

Microsoft's new Kinect will be coming to Windows

Along with the Xbox One, Microsoft also announced a new Kinect today — and it appears the updated motion-tracking system will be coming to Windows PCs just like its predecessor. <i>Shacknews</i> reports that Scott Evans, Microsoft's Kinect program manager, confirmed that the device will be coming to PCs. …

Xbox One game pricing up to publishers, Phil Spencer says

Microsoft won't set the price for Xbox One games and will leave the price point of next-gen games up to publishers, Microsoft Studios corporate vice president Phil Spencer told Polygon today.<p>When asked about how games might be priced on the newly announced Xbox One console, Spencer said that's not …

Apple chief calls on US government to slash US corporate tax

Apple has called for US corporate tax rates to be slashed after it admitted sheltering at least $30bn (£20bn) of international profits in Irish …