technology

Technology, Communications And Energy Are Friday Laggards

Technology, Communications And Energy Are Friday Laggards of the stocks.

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Healthcare And Materials Lead Friday Sectors

Scanning over the sectors performing the best as of midday Friday, with an edge of 1.7%, the shares of Healthcare companies outperform other sectors.

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Technology Sectors Lead; Stock Is At High Despite Corporate News Deluge

Behind corporate bad reports, technology still in the industry as leading sector.

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7 Sectors To Watch Out For High Tech Investment

Here are the top 7 sectors to watch out for.

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U.S. Securities and Commodities Agencies Demanded a Boost in Budget, Cited Growing Fintech Markets

The U.S. securities and commodities regulatory agencies pushed the congress to increase their budget. They argued that more fund is needed to do their functions in the growing financial markets and technology in recent years.

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Audi Custom-Made a 20-feet Limousine for an Unknown European Buyer

Audi has made a special extended version based on its A8 L model. The 20-foot long, six seat luxury limousine is made according to a special request from an unknown European buyer.

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China OEM Meizu Unveiled Its Long-Awaited m3 note

Meizu already unveiled its newest model m3 note. The Chinese OEM is keeping its concept of quality devices with affordable prices, which makes the brand popular in China’s market.

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A Singapore Startup is Preparing for The World’s First Fully Autonomous Taxis

The world’s first fully autonomous taxis might be hitting the streets of Singapore earlier than other cities. An MIT-supported startup is dedicated to develop a technology to achieve that, and is now seeking for approval for pilot program.

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Goldman Sachs-backed CompareAsiaGroup gets new CEO Sam Allen

Goldman Sachs-backed consumer finance startup CompareAsiaGroup got its new CEO Sam Allen. In 2015, CompareAsiaGroup closed a Series A round of funding led by Goldman Sachs and is planning to go for a Series B round funding soon.

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Volkswagen and Porsche Call Back 800,000 SUVs Over Potential Pedal Problem

Volkswagen and Porsche identified a potential problem in their Cayenne and Touareg model from 2011 to 2016 and are calling back 800,000 SUVs to undergo a service to address the issue. The companies said this is a precautionary move, as a U.S. judge demanded that the companies come up with a plan immediately.

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CarDekho's Parent Girnar Software Secured New Funding Round Led by Google Capital, Aims to Expand Services

CarDekho.com and CarBay.com's parent company Girnar Software has received a late-stage funding round led by Google Capital. The new fund will be allocated to further improve the company's car portals' technology as well as expanding services.

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Nike Introduces Self-Lacing Shoe Technology, to be Available Later This Year

The self-lacing shoe technology finally arrives, as Nike announced its newest adaptive lacing technology. The HyperAdapt 1.0 will be available for Nike+ members later this year.

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Avon plans to shift headquarters, cut jobs

New York-based Avon Products Inc is shifting its headquarters to the UK. It's also in the process of reducing headcount by about 2,500 and investing in technology and innovation to enhance sales volume.

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General Motors Acquired Silicon Valley-based Cruise Automation, Aims to Integrate Autonomous Cars Software to Manufacturing

General Motors is moving forward to compete in the autonomous car markets. The giant automaker has acquired a driverless cars software maker, Cruise Automation, for reportedly more than $1 billion.

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Bosch Launches a Cloud Network, Determined to Develop Its Own Internet of Things

Bosch is seeking to transform itself from equipment manufacturers to service providers. The company has launched its own cloud computing network and is determined to develop its Internet of Things technology and software to be better.

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