April 22, 2014 |
Wearable fitness trackers are in survival-of-the-fittest mode. Touted as the next big thing in technology, wearable tech has spawned a dizzying array of Internet-connected wristwatches and head-mounted devices. Leading the fledgling industry are fitness gadgets that count steps taken, calories burned and other measurements of activity. But in racing to meet the hype, many companies may have outpaced demand and rushed out products too soon. Nike said Monday that it plans to lay off a small number of employees who work on its line of FuelBand fitness accessories to "align resources with business priorities," signaling that the sporting equipment giant is scaling back its wearable hardware efforts.
April 20, 2014 |
We've all heard the dire pronouncements: U.S. science and technology is losing ground to its global competitors because of a nationwide shortage of scientists and engineers, due primarily to the many failures of K-12 education. But are these gloomy assertions accurate? Nearly all of the independent scholars and analysts who have examined the claims of widespread shortages have found little or no evidence to support them. Salaries in these occupations are generally flat, and unemployment rates are about the same or higher than in others requiring advanced education.
April 17, 2014 |
If "Watermark" does nothing else, it will make you question society's contradictory view of water use. The clear liquid is as essential to human life as it is threatened, yet we don't seem to be able to do what it takes to make sure it stays available enough to keep us alive. As co-directed by Jennifer Baichwal and Edward Burtynsky, "Watermark" is a kind of companion piece to the pair's earlier "Manufactured Landscapes," which looked at how new industrial structures are transforming the face of the planet.
April 16, 2014 |
The largest tech IPO of the year - and perhaps of all time - isn't coming from Silicon Valley. Alibaba, a Chinese e-commerce behemoth with more sales than Amazon and EBay combined, has decided to go public on Wall Street after months of speculation that it would list in Hong Kong. The company could raise $15 billion at an estimated valuation of up to $200 billion. "We expect it to be the largest tech IPO ever, the largest IPO of the year, the largest Chinese IPO of the year," said Max Wolff, chief economist and strategist at Citizen VC. "It's a big number, probably a record-breaker by any metric.
April 16, 2014 |
The largest tech IPO of the year will come from a company that many Americans have never heard of. Alibaba -- a Chinese e-commerce behemoth that produces more sales and net income than Amazon and EBay combined -- has decided to go public in the U.S. after months of speculation that it would list in Hong Kong. The company could raise up to $15 billion at an estimated valuation of up to $200 billion. “We expect it to be the largest tech IPO ever, the largest IPO of the year, the largest Chinese IPO of the year,” said Max Wolff, chief economist and strategist at Citizen VC. “It's a big number, probably a record-breaker by any metric.” PHOTOS: Top 10 tech acquisitions Alibaba's initial public offering plans are part of a wave of Chinese companies going public in the U.S. this year.
April 15, 2014 |
Not sure what to spend that tax refund on? Well, Google has an idea. The tech giant on Tuesday is selling Glass, its $1,500 wearable device, from its website to any adult U.S. resident. Normally, the company sells Glass only to users who have an invitation to join its "explorer" program, but it decided to remove that restriction for one day only. PHOTOS: Top 5 tech acquisitions of 2014 so far Buyers can choose the color of their device, a frame design and their preferred attachable shades.