iPads

Ray Dalio’s Bridgewater Associates might become the first hedge fund to hand over the reins to an algorithm.

At least that’s the takeaway from Bloomberg’s latest profile of the hedge fund billionaire, who founded Bridgewater Associates, presently the world’s largest hedge fund with more than $160 billion AUM. The profile offers an update on the firm’s difficulties in formulating a succession plan, as well as its founder’s quest to automate many of its management functions.  

More comfortable online than out partying, post-Millennials are safer, physically, than adolescents have ever been. But they’re on the brink of a mental-health crisis...

The Atlantic's Jean Twenge asks the most crucial question of our age... "have smartphones destroyed a generation?"

With Apple trading just shy of all time highs (and with a quarter trillion in cash on the books), the market was wondering if AAPL can once again surprise to the upside ahead of the all important iPhone 8 quarter, as well as provide some guidance what it plans to do with its cash hoard. And while, there was no explicit guidance on the now $260BN+ in gross cash, Apple has surged after hours on the strong top and bottom line beat, and just as strong guidance, despite a small iPhone sales miss in the current quarter.

One week ago, when shares of the UK-based Imagination Technology crashed 70% overnight after Apple announced it would cease using the tech company's graphics technology for new products, including phones, tablets, and watches, in a push to insource key R&D as well as preserve capital, Neil Campling, head of technology research at Northern Trust Securities, said that "this is what we would describe as a black swan moment for the company and investors in Imagination."

U.S. government officials have temporarily banned most electronics (including laptops, iPads, and Kindles) on certain flights into and out of the country, according to Jordan’s national air carrier.

As The Hill reports, Royal Jordanian posted on Twitter Monday that “following instructions from the concerned U.S. departments, we kindly inform our dearest passengers departing to and arriving from the United States that carrying any electronic or electrical device on board the flight cabins is strictly prohibited."