(Bloomberg) — Mercari Inc., the online flea-market operator that has become one of Japan’s most closely watched tech ventures, is closing in on new highs as the stock has drawn both big and small money.
The company has already grown to command the largest weighting on Japan’s startup-focused Mothers index as individual investors buy in — of some 230 of the largest Japanese companies with market value of over $5 billion, Mercari has the third-highest percentage of individual shareholders. Then on Oct. 7, Los Angeles-based money manager Capital Group declared it had taken a 5% stake in Mercari.
That’s helping propel the stock to near the 6,000 yen mark it hit just once, on the day it listed to great fanfare in 2018. After a rapid decline, the stock has worked its way back up this year, fueled by its first quarterly operating profit. That’s been helped by
The next time you use your iPhone to place a food order, rent a bike at a kiosk or set up a smart lightbulb, you may not have to set up yet another app on your phone. iOS 14’s new App Clips feature is a miniature version of the full app that will save you time and storage space.
App Clips offer a subset of features you can find in any given application. Without downloading or installing an entire app, you can still use just a “slice” of it for a basic, and one-off purpose, like renting a tourist bike in a new town, placing a reservation at your favorite restaurant or setting up your new robot vacuum cleaner, all without having to install a new app every
In “The Code Detectives,” two middle school girls who love coding use artificial intelligence to solve mysteries. For 17-year-old author Ria Dosha, writing the book series is a way to advocate for increasing diversity within the technology field.
“I’ve brought a diverse cast of characters to life, with the series centering around Ramona Diaz, a powerful young girl of color,” says Ria, a student at Cupertino’s Monta Vista High School. “The book series gives young girls strong, fictional role models in technology and AI, and introduces them to AI topics in a compelling way, clearing common misconceptions.”
Ria writes what shoe knows, and vice versa. She is the founder of CodeBuddies, which uses workshops, panels, challenges and more to promote problem-solving through technology. She is also the founder of Monta Vista’s Women in AI club, where she teaches girls the impact of artificial intelligence in daily life.
As the CEO of Apple, for the past several years I’ve written you with a wish list of new features I wanted to see on the next iPhones, as you prepared to launch the new editions.
Sometimes you agreed with me, like in 2016 when I requested water-resistant iPhones, and other times you passed, like in 2018 when I begged for a Wide Selfie mode to get more people into the shot – like Samsung offered on some phones.
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But as you prepare Tuesday to show the world what you have in store with four new models – beyond the extra power, faster processing, 5G connectivity and beautiful screens that you’ll surely be touting – may I go over a few things I’d love to see too?
President Trump doesn’t appear to be very keen on listening to the science community on COVID-19, but America at large is sure voicing their support for a scientific profession under siege from the Oval Office.
“Science is having a moment in 2020,” 3M Chief scientific advocate Dr. Jayshree Seth told Yahoo Finance’s The First Trade.
New data out of 3M underscores Seth’s point.
Trust in science and scientists is the highest it has been in three years since 3M’s State of Science Index was launched. About 89% of those surveyed trust science, 86% trust scientists and 77% are more likely as a result of the pandemic to agree that science needs more funding. Some of the other findings are equally as compelling, and run counter to the ongoing narrative out of the White House.
More than half (54%) agree that science is very important to their everyday lives, a double-digit
(Bloomberg) — Caught off guard by Tencent Holdings Ltd.’s record-breaking rally earlier this year, Hong Kong’s stock investors are getting well prepared for the next one.
For about two months, options traders have consistently shelled out more for bullish three-month contracts on the stock than they’re willing to pay for those protecting against losses, according to data compiled by Bloomberg. That’s kept Tencent’s so-called volatility skew below zero, an unusual quirk for a market that typically sees traders pay more for downside protection than upside speculation.
There are now almost 1.1 million outstanding options on Tencent, outnumbering those on the Hang Seng Index by more than 4-to-1. The demand for the derivatives mirrors a trend in the U.S., where volume in single-stock options exploded this year and helped underpin the rally in technology shares.
How Tech Options Juiced the U.S. Stock Market: QuickTake
This week Asana–which operates a platform for project management–pulled off its direct listing on the New York Stock Exchange. On the first day of trading, the shares shot up about 37%.
The roots of Asana go back to 2008. The co-founders were Dustin Moskovitz (the the co-founder of Facebook) and Justin Rosenstein (a former employee at Facebook and Google). They got the idea for their startup
It would be easy to chalk up technological developments from Amazon(NASDAQ:AMZN) as par for the course. The company is perpetually throwing spaghetti on the wall to see what sticks.
A recent product unveiling, however, may mean far more than most realize.
The new device is the Amazon One, which can be used for contactless payments and is up and running in two Amazon Go stores. The device facilitates a completely hands-free interaction. Amazon says the palm print reader could also be utilized for things like granting access to restricted areas or in place of a loyalty card. Amazon is using it for its own purposes right now, but plans to sell the tech to third parties in the future.
Amazon One puts the e-commerce giant smack in the middle of a contactless shopping market that’s worth billions already, but could double in size in five years now that consumers
Canadian marijuana company Aurora Cannabis(NYSE:ACB) had a dreadful 2019; its stock lost 56% of its value over the year, compared with a 36% decline in the industry benchmark Horizons Marijuana Life Sciences ETF. External headwinds in Canada, along with Aurora’s own haphazard acquisitions, dragged down revenue and made profit challenging, while expenses kept piling up. All these factors led to its decline, and hopes of the company recovering anytime soon were minimal.
Hence, its third-quarter results at the end of March came as a pleasant surprise. The company reported a surge in revenue — to be precise, a year-over-year jump of 35% to 75.5 million Canadian dollars. Aurora gave a sneak peek into its fourth-quarter results on Sept. 8 when it discussed some impairment charges and a decline in revenue. But investors hoped to get some good news from the actual results, and the stock was up 16%
It is said that ‘A mother is a daughter’s best friend.’ Perhaps no sight best exemplifies this than that of visually-impaired Fumbi Josiah and her eight-year-old daughter, Seteminire. Aside being the eyes through which she reads and watches her environment, Seteminire also polices her very well, causing The Nation’s Gboyega Alaka to seek a conversation with both mother and daughter.
THEY were a spectacle. Mum and daughter. It was at the occasion of a workshop by the NGO, Project Alert on Violence Against Women, to enlighten a select group of persons with disabilities on the war against gender-based violence, as part of an ongoing Spotlight Initiative campaign to eliminate violence against women and girls. A card, containing a list of SGBV (Sexual and Gender-based Violence) referral centres had just been passed round to participants. Fumbi Josiah collected a copy and pronto, handed it over to her daughter, Seteminire, who proceeded