tech news

This Week in Tech: MIT’s $1 Million Test, Amazon Opens Redshift, and Apple’s Fake Projects

This Week in Tech -

Here are this week's tech stories that caught my eye: MIT's Million-dollar Social Media Stock Market Experiment In March, 10,000 students will invest $100 each in Hong Kong’s stock market as MIT researchers try to pinpoint a connection between social media and profits. Investing has always placed a premium on the importance of inside information, but could the concept of social media-based group-investing change the very nature of how markets … [Read more...]

This Week in Tech: Dell Goes Private, Python Get’s a Big Boost, and Amazon Launches Digital Currency

This Week in Tech -

Happy Friday everyone. Here are notable stories from this week: Dell to Go Private in 2014 In a $24.4 billion deal, Dell, with the help of private equity investors and Microsoft, will be going private in the second quarter of Dell’s 2014 fiscal year. Dell continues to see strong growth in it’s servers business, but with consumer products losing 23 percent, Dell’s bottom line has suffered. “We can deliver immediate value to stockholders, while we … [Read more...]

Apple spending $100M to bring Mac back to U.S.

This Week in Tech -

 More Domestic Manufacturing for Apple Apple CEO, Tim Cook, has announced the company plans on investing $100 million through partnerships with local suppliers to bring Mac computer production home to the U.S. “When pressed about Apple’s commitment to manufacturing its products locally, Cook said: “Next year we are going to bring some production to the U.S. on the Mac. We’ve been working on this for a long time, and we were getting closer to it. … [Read more...]