BUSINESS

John McAfee Plans New Cyber-Security Company to Make the Internet Safer for Everyone

It seems to be comeback time for shamed tech entrepreneurs. After, Kim Dotcom's plans to enter politics and his decision to quit Mega to pursue other projects, it is now the turn of disgraced anti-virus software pioneer John McAfee. McAfee, 67, aims to make the Internet safer for everyone and promises to launch a new cyber-security company to do so.

Australian Stock Market Report – Morning 9/26/13

In US economic news, orders for durable goods - goods expected to last more than three years - rose by 0.1pct in August, in line with expectations. Excluding defence and aircraft, orders rose by 1.5pct, just short on the 1.9pct expected rise. New home sales soared by 7.9pct in August to a 421,000 annual rate, in line with forecasts.
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Australian Stock Market Report - Midday 9/25/13

The ASX200 has started in strong fashion in Wednesday ignoring the weakness seen in the US overnight. The initial setup for local trade was less than optimistic after the Dow closed around the worst levels if its session.

China’s Smartphone Demand to Hit More Than 450M in 2014, Will Apple (AAPL) Regain Bruised Market Share?

Smartphone shipments in the world's biggest market China has been forecast to hit more than 450 million units in 2014, according to research firm IDC. The jack up will be triggered by the government's issuance of 4G licences as well as the foreseen Apple (AAPL) - China Mobile alliance. Will Tim Cook's company finally regain its bruised share in the China market pie?

Apple Inc's iPhone Opening Weekend Sales Not Impressive? Australian Telcos Struggle with iPhone 5C Sales

Apple Inc may have reported a record-breaking iPhone sales weekend for the iPhone 5S and iPhone 5C, but 9 million iPhone units sold don’t necessarily warrant rave reviews for some analysts. For Apple Inc investors, analysts said they should be careful in factoring in Apple’s iPhone opening-weekend sales to future growth expectations. In 2013, Apple has launched two new versions of the iPhone for the first time.

Australian Dollar Outlook - 9/25/13

The Australian Dollar is slightly lower amid more signs that the US economic recovery may not be all that strong.

Australian Stock Market Report – Morning 9/25/13

In US economic news, consumer confidence fell from 81.8 to 79.7 in September, short of forecasts for a result near 79.9. The Case Shiller home price index rose 0.6pct in July to be up 12.4pct on a year ago. The FHFA home price index rose 1.0pct in July and8.8pct over the year and the Richmond Fed composite index eased from +14 to zero in September. The Redbook chain store sales index also was 3.6pct up over the year, compared with a 3.4pct gainin the previous week.

NASA Map Shows Regions Most at Risk for Air Pollution Deaths

People wanting to live longer and breathe in fresher, cleaner air may want to get out from mega cities in China, India, Indonesia and Europe and migrate to other regions in the world. A map recently released by NASA has specifically and graphically pinpointed where air pollution is at its deadliest around the globe.

When Will This Bull Market Run Out Of Steam?

By Peter Switzer, Switzer Super ReportWith the Dow Jones index now in record high territory and the All Ordinaries Accumulation Index also at levels never seen before, the key question for many is ? how long does this bull market run for?Let's face it, if we thought it was, say for only one yea...

A Trader's Wrap

By Chris Weston, IG MarketsThe talking point on the floor today has been firmly around the outperformance of the Australian market, despite a slightly weaker lead from the S&P, a flat day's trade in China and a softer Nikkei.

Australian Stock Market Report – Afternoon 9/24/13

The Australian share market ended in the red for a third consecutive session on Tuesday, weighed down by mining stocks and ongoing confusion over the US Central Bank's expected tapering policy.

‘Breaking Bad’ Pass Holders get Refund from Apple

Apple has reportedly refunded the credits on iTunes to customers, who had bought the pass to download the episodes from season 5, of the hit TV show “Breaking Bad.” The decision comes after there was some confusion following AMC’s decision to split the season into two.

After U.S., Drug Manufacturer Ranbaxy Faces Regulator's Heat in Australia and UK

There seem to be no respite for troubled Indian drug manufacturers Ranbaxy. Reports say that, after facing U.S. Food and Drug Administration (FDA) action last week for manufacturing lapses, the company, acquired by Japanese drug maker Daiichi Sankyo in 2008, now faces regulators agencies in Australia and Europe who are also assessing if drugs manufactured and exported by the Indian firm to their regions are affected.

Australian Housing Market: Mortgage Lending in the Spotlight

The Federal Reserve's surprising decision to keep QE going at its current rate is still front page news. While the US fiddles with monetary policy to meddle with house prices, the Australian government is set to interfere with banks in order to manipulate mortgage lending. If you've been reading the Daily Reckoning for a while, you know we are sceptical that government action like this produces the intended outcome.

HP's Envy 17 vs MacBook Pro 2013: Leap Motion Controller vs Retina Pro

Ultrabooks improve by the day. HP’s latest Envy Leap Motion challenges products like MacBook Pro especially with their latest sensors and apps. Now, people can control their programs or interface elements just by waving over the notebook. MacBook Pro, on the other hand, features better display through the Retina Display technology. Which ultrabook should people go for?

Real Life ‘Snakes on a Plane’ Freak 370 Qantas Airline Jet Passengers

Good thing Qantas Airways staff discovered the 20-centimeter (8-inch) snake way even before passengers boarded its plane bound for Tokyo. Otherwise it would have been chaos equivalent to the 2006 American action thriller film 'Snakes on a Plane.' Imagine combining aerophobia, the fear of flying, and ophidiophobia, the fear of snakes.

Momentum Builds For Uranium

By Greg PeelIn July last year, Japan restarted its Ohi 3 and 4 reactors and so brought to an end the post-Fukushima period of zero nuclear energy production in the country.

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