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Homebuilder sentiment unexpectedly rises amid solid demand

Homebuilder sentiment unexpectedly rises amid solid demand

Confidence among homebuilders unexpectedly rose in October, registering the first gain in five months amid falling lumber prices and solid demand, according to a report Tuesday from the National Association of Home Builders/Wells Fargo. The Housing Market Index increased 1 point to 68 (the estimate was 66). The current sales gauge for single-family homes increased to 74 from 73; the gauge of the six-month sales outlook rose to a three-month high of 75 from 74. The measure of prospective buyer traffic climbed to a seven-month high of 53 from 49.
Twilio to Acquire SendGrid, the Leading Email API Platform

Twilio to Acquire SendGrid, the Leading Email API Platform

Twilio (NYSE:TWLO) and SendGrid today announced that they have entered into a definitive agreement for Twilio to acquire SendGrid in an all-stock transaction valued at approximately $2 billion. At the exchange ratio of 0.485 shares of Twilio Class A common stock per share of SendGrid common stock, this price equates to approximately $36.92 per share based on today’s closing prices. The transaction is expected to close in the first half of 2019.
Apple apologizes for phishing scam account hack in China

Apple apologizes for phishing scam account hack in China

Following reports from Chinese mobile payment companies Alipay and WeChat that some of their Apple device-using customers had lost money, Apple today apologized and confirmed that stolen Apple IDs were the subject of a hack. “We are deeply apologetic about the inconvenience caused to our customers by these phishing scams,” Apple said in a statement (via the WSJ), describing the issue as limited to “a small number of our users’ accounts.”
Cannabis will be legal in Canada this week, but the industry's landscape is still hazy

Cannabis will be legal in Canada this week, but the industry's landscape is still hazy

Jimmy’s Cannabis will be opening its doors to the public for the first time on Oct. 17 — but it’s still not clear whether there will be any pot products on its shelves. The Saskatchewan-based chain of recreational pot stores is one of 51 retailers to receive a store permit and is putting the finishing touches on two locations, which feature reclaimed barnwood and custom-made display cases and other details to reflect their provincial roots said co-owner David Thomas
Goldman warns Apple's earnings could fall short this year on 'rapidly slowing' demand in China

Goldman warns Apple's earnings could fall short this year on 'rapidly slowing' demand in China

Apple earnings may disappoint investors because of a marked deterioration in Chinese demand for iPhones, Goldman Sachs says. "There are multiple signs of rapidly slowing consumer demand in China which we believe could easily affect Apple's demand there this fall," Goldman analyst Rod Hall said in an investor note Sunday.
The ‘Amazon Effect’ Can Drive Prices Up, Too

The ‘Amazon Effect’ Can Drive Prices Up, Too

In recent years, the so-called “Amazon effect” has been used to explain low inflation in developed economies: Prices are supposedly lower – and more transparent – online, forcing offline retailers to reduce prices. The effect, however, can go both ways – the influence of e-commerce makes prices fluctuate more often, reacting immediately to shocks like energy price and exchange rate jumps.
Around 62 percent of all Internet sites will run an unsupported PHP version in 10 weeks

Around 62 percent of all Internet sites will run an unsupported PHP version in 10 weeks

The highly popular PHP 5.x branch will stop receiving security updates at the end of the year. According to statistics from W3Techs, roughly 78.9 percent of all Internet sites today run on PHP. But on December 31, 2018, security support for PHP 5.6.x will officially cease, marking the end of all support for any version of the ancient PHP 5.x branch. This means that starting with next year, around 62 percent of all Internet sites still running a PHP 5.x version will stop receiving security updates for their server and website's underlying technology, exposing hundreds of millions of websites, if not more, to serious security risks.
Drones for Good: Oceans Unmanned

Drones for Good: Oceans Unmanned

Capt. Brian Taggart, National Oceanographic and Atmospheric Institute (NOAA) (ret.) has spent a career flying all types of aircraft – manned and unmanned – to gather aerial data for conservation.  Now, he heads the Oceans Unmanned project, an organization developed to use drones to support conservation, education, and protection of oceans.  Oceans Unmanned, says Taggart, is “Bringing Tech to Ocean Protection.”
Amazon Takes Aim at Yet Another Massive Opportunity

Amazon Takes Aim at Yet Another Massive Opportunity

There's no doubt that India is a gold mine for Amazon (NASDAQ:AMZN). The company is tapping into the many opportunities in this region, ranging from e-commerce to smart speakers and even insurance, but it will keep pushing the envelope, as its latest move indicates. Recent filings with Indian regulatory authorities revealed that the e-commerce giant has made a fresh infusion of $80 million into its digital payments business, Amazon Pay. This brings the company's total investment in Amazon Pay to more than $170 million over the past year.
Magic Leap’s Mica is a human-like AI in augmented reality

Magic Leap’s Mica is a human-like AI in augmented reality

Magic Leap showed off a demo of Mica, a humanlike artificial intelligence that can be viewed in the company’s augmented reality glasses, the Magic Leap One Creator Edition. I saw a demo of Mica, a short-haired woman who doesn’t speak but still communicates in warm ways with the viewer. I put the AR glasses on my head and looked through prescription inserts to see the virtual overlays in the real world. I thought it was the best thing Magic Leap showed off.
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