BUSINESS

Intel's CTO Steps Down, New CEO Focuses on Wearable Device Chip

Intel's chief technology officer Justin Rattner has stepped down from his post because of his age. The company forbids any employer to be beyond 65 working still. Rattner will be on extended leave. Intel did not provide details about his return and to what his return will account for.
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Australian Stock Market Report – Midday 7/1/13

Investors seem to be kicking off the financial year with a sour taste in their mouths. The All Ordinaries Index (XAO) is down by 1.6 per cent at lunch. The banks are the biggest culprits when it comes to the losses, with the big four down by as much as 2.9 per cent.

Bearish Tone For Aussie Dollar

Off The Forex Desk from PhillipCapitalEconomic News & ReleasesUS markets closed the Financial year on a negative tone with the Dow falling 115 points or 0.

The Best Way to Invest in a Volatile Market

'U.S. stocks rose, sending the Standard & Poor's 500 Index (SPX) higher for a second day, as China's cash crunch eased and slower-than-forecast economic growth fueled speculation the Federal Reserve will maintain stimulus.' - Bloomberg News

How the Power of Tweets Saved Tesla Motors

How quickly it all turns from gloom and doom to rainbows and bunny-rabbits. Well it's not quite that rosy, but the last couple of days have been a little more positive in markets. That makes us happy, and if you're a politician, you'll likely attribute it to something you think you've done well.

China To Prioritise Reform Over Growth

Speaking at a financial forum in Shanghai, head of the People's Bank of China Zhou Xiaochuan said investors can no longer depend on cheap cash to fund riskier operations, cautioning that the central bank will conduct pre-emptive adjustments to liquidity in the banking system to keep financial markets stable.

Gold Price Dips Anew to a 3-Year Low of $1,180 an Ounce

The yellow metal continued its downward trend after the spot price of bullion hit a three-year low over the weekend to $1,180 an ounce. Since January 2013, gold price has retreated 29.5 per cent while the FTSE Gold Mines index of gold equities has declined 52 per cent.

Ultrabooks Reach another Milestone with Asus Taichi

A few years can make a different especially in computers. Intel’s latest line of Haswell processors changed the way laptops and similar devices work. These processors made it possible to work with lighter and thinner computing devices – they can also last for more than half the day. Heralding a new era of technology, ultrabooks are now the standard for computers. Tech giants like Samsung and Asus are boosting their line to satisfy this increasing demand.

Intel Now Works with Brains, Company Focuses on Brain Research for Safe Roads

Intel is not just working on new chips to surprise both the computer and mobile phone industry – it is also investing on research for road safety. Recently, researchers from Intel are now focusing their attention on how drivers think. The company aims to gain more understanding on how drivers behave on the road and what can make roads safer.

Acer is Changing the Standards for Touch-Type Duality, Heralding a New Era

Acer India has unleashed a series of Windows 8 devices all boasting of touch-enabled features. These devices have a slim design and offer dual functionalities for excellent computing experience. The launch of these tablet and touch plus notebook computers herald a new era of computing devices and experience.

Asia Leading Spike in Global Arms Trade

Massive defence spending in the Asia-Pacific region is driving an "explosion" in the global arms trade, and Asian military budgets are likely to eclipse the United States' by 2021, a study by respected analysts IHS Jane's showed on Tuesday.

Australian Stock Market Report – Midday 6/28/13

Investors and traders aren't overly motivated to buy or offload equities on the final trading session of this financial year. The All Ordinaries Index (XAO) is up just 0.1 per cent. On a positive note, we've just had the best two run of 2013, with the XAO up 3.2 per cent on Wednesday and Thursday combined.

Acer Boosts Product Lineup, Reveals Aspire P3, R7 and Iconia W3

Acer is stepping up their game releasing as many new laptop and tablet offerings as with top competitors like Samsung and Asus. Dating back to the Computex 2013, the company has been working double time introducing several products to the market in just a short span of time – Acer Aspire P3, R7 and Iconia W3.

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