AppleMagazine #487

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United States
Ivan Castilho de Almeida
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26 Numéros

dans ce numéro

5 min
investing abcs: teaching your kids about money and markets

The recent stock market mania over the video game company GameStop, which this week was scrutinized by Congress, has provided a teachable moment for kids. The press talked to a few parents and financial experts for their tips on talking with kids about investing and the often confusing behavior of financial markets. Here’s a summary of what they had to say. KEEP IT SIMPLE Parents should make sure kids understand money basics before they try to conquer investing. Once they’re ready, don’t overwhelm kids with too much information at once — you risk them missing the lesson and losing interest. Kids need to understand what stocks are, why people invest and how the markets work before they can understand investing. “The best way to get kids interested in investing is to speak their language,” said…

2 min
huawei unveils flagship foldable smartphone

Struggling under U.S. sanctions, Huawei unveiled a folding smartphone with an 8-inch (20-centimeter) -wide screen Monday to show off its tech prowess but said it will be sold only in China. The Mate X2 highlights the challenges for Huawei Technologies Ltd. after Washington cut off access to U.S. processor chips and Google services. Last year, Huawei fell from the top-selling global smartphone brand to sixth place. Huawei says the Mate X2, its third folding phone, has crisper visuals and better sound for movies and games. It runs on Huawei’s most advanced processor chip, the Kirin 9000. The phone offers “a truly immersive experience,” the president of Huawei’s consumer unit, Richard Yu, said at a launch event broadcast online. Huawei, China’s first global tech brand, was battered by being put on an export blacklist by…

1 min
google fires ai manager who protested her peer’s departure

Google has fired a leader of its artificial intelligence ethics team in the fallout from the recent departure of another former employee involved in the same field. The internet company confirmed the firing after Margaret Mitchell announced her ouster on Twitter. The firing comes a month after Mitchell also vented on Twitter about the handling of her former colleague, Timnit Gebru, who parted ways with Google late last year. Gebru, a Black woman, said she was fired in a dispute over a research paper, while Google said it had accepted her resignation. Hundreds of Google employees have signed an online petition protested Gebru’s departure. Mitchell, though, was even more outspoken in a Jan. 19 tweet t hat insinuated that a meeting company CEO Sundar Pichai had scheduled with the leaders of historically Black…

1 min
company testing fully driverless cars on las vegas streets

An autonomous vehicle company has been testing its cars in Las Vegas without a human backup driver ready to take control in an emergency. The company Motional, a joint venture between between Hyundai and Aptiv, an auto tech company, announced it has been testing its driverless cars in Las Vegas in February. The company, which has an agreement with ridesharing company Lyft to operate a fullydriverless service in 2023, received permission in November from the Nevada Department of Motor Vehicles to begin the tests without a backup driver. Nevada in 2011 passed the nation’s first law to permit testing of driverless cars but backup drivers were required until 2017. That year, a fully driverless shuttle was tested in downtown Las Vegas, offering a dozen passengers a ride on a short loop. In 2019 and…

9 min
dogecoin: the new bitcoin is happening right now

With more than 47 million Twitter followers, Elon Musk holds a great deal of influence in the world of tech and cryptocurrency, proven by Dogecoin’s meteoric growth in recent weeks. A single tweet from Musk sparked overnight interest in the currency, first released in 2013, and now has investors taking it seriously. The payment system, developed by Billy Markus and Jackson Palmer, reached a market capitalization of $5,382,875,000 in January, and with its value growing rapidly, it’s a genuine Bitcoin alternative. Now could be the time to invest… THE CHANGING CONSUMER LANDSCAPE In early February, SpaceX founder Elon Musk sent out one tweet to his millions of followers, asking “Who let the Doge Out?” - it amassed almost 800,000 likes and changed the fortunes of the cryptocurrency overnight, not only demonstrating Musk’s…

2 min
consumer confidence rises for second straight month

U.S. consumer confidence rose again in February as an accelerating COVID-19 vaccine push provides hope for Americans who have lived through a year of unprecedented restrictions. The Conference Board reported this week that its consumer confidence index rose to 91.3, up from 88.9 in January. However, despite the improved vaccination rollout, consumers are more optimistic about current conditions than they are about the near future. The present situation index, which is based on consumers’ assessment of current business and labor market conditions, rose to 92 from 85.5 last month. But the expectations index — based on consumers’ near-term outlook for income, business, and labor conditions — ticked down slightly to 90.8 this month from 91.2 in January. That’s somewhat surprising to economists as many experts have predicted that widespread vaccinations and warmer weather…