Tag Archives: says

Intel’s Brian Krzanich says 5G networking will let millions of drones roam the earth

Millions of drones, roaming the earth. No, it’s not a scene from The Terminator—it’s an example of what fifth-generation, or 5G, networking will eventually enable. Intel CEO Brian Krzanich used a small drone as a prop during a Monday panel at Mobile World Congress, where he discussed the impact of faster, stronger wireless networks on our lives. As Krzanich dandled ... Read More »

Oil lender: We assume $40 crude out to 2020

Cullen/Frost Bankers Chairman and CEO Dick Evans said Monday his stress test model looks for a $28 per barrel bottom for oil, and a historically low level of $40 per barrel out to 2020. Energy loans make up for over 15 percent of Cullen/Frost’s total loan portfolio, and 9.8 percent of them are now considered problem credit. That’s up around ... Read More »

Facebook plans Internet drone tests, says Mark Zuckerberg

Facebook will begin testing a solar-powered Internet drone called Aquila later in 2016, Mark Zuckerberg said on Monday at Mobile World Congress in Barcelona. Similar Mobile More Mobile Review: Meet the Nextbit Robin, an Android phone that never lets you run out of space (2:46) Most Memorable Moments of MWC 2015 (3:23) Samsung Galaxy S7 rumor roundup(5:02) When are VR ... Read More »

Apple and the FBI will need to compromise, Cisco’s CEO says

Cisco Systems CEO Chuck Robbins gave up a chance to strongly support enterprise mobility partner Apple in its fight with the FBI over iPhone encryption. Asked about the controversy during a press briefing at Mobile World Congress, Robbins said he doesn’t think vendors should put back doors in products. But when it comes to personal privacy versus national security, “There ... Read More »

IBM says its new software links all your IT to the cloud

the digital-transformation imperative looms large in the business world, but it’s not always clear how on-premises software and data fit into the picture. IBM says it can help. The company on Monday announced a new series of “connect” tools for IBM Cloud that are designed to make it easier for companies to extend existing IT investments to the cloud. “There ... Read More »

HSBC pegs FY16 growth at 7.4%, says reforms key to push it up

Foreign brokerage HSBC has said the country is in the midst of a “credit-less” recovery and policy reforms are the main way ahead to achieve higher growth. Expressing dissatisfaction with the new way of GDP computation, its country economists, led by Pranjul Bhandari, estimated that the economy would clock a 7.4 per cent growth in FY16, and it would remain ... Read More »

Ruckus says OpenG can make LTE work better indoors

Carriers’ heroic efforts to keep mobile devices well-connected can go to naught once users walk into a hotel or office building, if the signals can’t get in. Now someone else can solve that problem, according to Ruckus Wireless. The enterprise Wi-Fi company wants to become an LTE network vendor, supplying gear for indoor networks that could belong to a service ... Read More »

BofAML contrarian indicator says market poised for 24% gain

Sentiment on Wall Street has gotten so bad that it’s good, at least according to one indicator with a high degree of accuracy. Investor optimism has continued to erode through the current correcting, with some gauges showing bearishness at multiyear highs. One in particular — the Bank of America Merrill Lynch Sell Side Indicator — puts sentiment “close to where ... Read More »

Microsoft says its fix for Surface Book, Surface Pro 4 finally solves power problems

It seems like Microsoft has finally, completely solved its long-standing power problems with the Surface Book and Surface Pro 4. At least that’s the message its sending with a new firmware update that was released today. According to Microsoft, the firmware update released Wednesday fixes an issue whereby both the Surface Book and Surface Pro 4 failed to go into ... Read More »

Cramer: Buy the railroads if the Fed says this…

Six months ago Jim Cramer told investors that the railroad stocks were about to go off the rails. Since then, the group has been slammed so hard that Cramer now suspects the torture could finally be coming to an end. “Some of the railroad stocks are starting to look attractive here, although there is no rush to buy them, and ... Read More »