As more and more jobs become automated, the irony is that the most tech-savvy generation in history could lose out to the very technology it has mastered.
By Reilly Dowd, The Fiscal Times
Joining the workforce in the age of pizza-delivering drones and self-driving cars is easier said than done, especially for millennials. Available jobs are increasingly going to equally qualified applicants, the types that were once just a thing of Hollywood movies -- robots.
Consider the irony: Millennials are coming of age in a world where the one thing they understand better than any other generation – technology -- may well be the thing that hurts them most of all.
It's all part of what leading tech gurus say is an urgent need for society to transform the way it views jobs.
Google (GOOG) cofounder Larry Page, for example, says one antidote for high unemployment is to view employment differently; if people prefer not to work 24/7, "just reduce work time," but don't consider part-time a negative.
When the Chinese commerce king goes public, it will mean a windfall for the Internet giant. Here are a few ways CEO Marissa Mayer may put that money to work.
After Alibaba's initial public offering, Yahoo (YHOO) and CEO Marissa Mayer may be looking to put some of that money to work, buying companies that will boost both revenue and engagement.
Mayer has said that search, communications, digital magazines and video are the four key areas of interest for Yahoo, as it seeks to reshape itself. Yahoo has acquired dozens of smaller companies to help in that regard, including Summly, Jybe and the largest, Tumblr, which was purchased in May 2013 for $1.1 billion in cash and stock.
Yahoo holds nearly 24 percent of Alibaba, which is expected to go public as soon as August. Analysts have speculated that the company could be worth anywhere from $150 billion to $200 billion once shares start trading, making Yahoo's stake worth between $36 billion and $48 billion -- more than the Internet company itself. Yahoo currently sports a market cap of approximately $35 billion, which not only takes into account the Alibaba stake, but a 35 percent stake in Yahoo Japan, as well as the core business.
The CEO's vision for the tech giant has come into sharper relief as he pushes executives to be more collaborative and broadens the company's laser focus.
By Daisuke Wakabayashi, The Wall Street Journal
In the first few years of his tenure, Tim Cook's Apple (AAPL) looked a lot like the company he inherited from Steve Jobs.
Then, over six weeks starting in late April, Cook's image of Apple came into sharper focus. Apple agreed to buy back $100 billion of its shares -- more than any company in U.S. history -- after years of hoarding cash. Cook settled a feud with Google (GOOG), a rival that Jobs once targeted for a "holy war."
Recently, Cook agreed to acquire headphone maker and streaming-music service Beats Electronics for $3 billion and will keep the Beats' brash, in-your-face brand rather than subsume it. Earlier, he hired Angela Ahrendts, the former head of British apparel retailer Burberry (BRBY) to run Apple's retail operations, a sign Cook would choose high-profile deputies.
The company's No. 2 executive responds to backlash over a psychological experiment conducted on nearly 700,000 of its users.
By R. Jai Krishna, The Wall Street Journal
Facebook's (FB) psychological experiment on nearly 700,000 unwitting users was communicated "poorly," Sheryl Sandberg, the company's No. 2 executive, said Wednesday.
It was the first public comment on the study by a Facebook executive since the furor erupted in social-media circles over the weekend.
"This was part of ongoing research companies do to test different products, and that was what it was; it was poorly communicated," Sandberg, Facebook's chief operating officer, said while in New Delhi. "And for that communication we apologize. We never meant to upset you."
No phone is completely hack-proof, but here are a few ways to kick up the security on your mobile device.
By Geoffrey A. Fowler, The Wall Street Journal
There's no way to completely NSA-proof your phone calls and data. But you can make the spy agency -- and anyone else -- work harder to get it.
A year after Edward Snowden made surveillance a household term, privacy and security are becoming services you can buy in your phone. This week, Blackphone, a $629 Android phone that can secure calls and messages, starts shipping. And FreedomPop, a small U.S. carrier, now offers an $8-per-month, add-on privacy service for Android handsets.
Here's a scary reality: Phone networks are insecure, and the equipment to digitally eavesdrop is getting more common. If you work with trade secrets or confidential documents, you should assess your risks. But those of us with less sensitive, but more personal, data must recognize that smartphone apps can eavesdrop too, recording your locations, contacts and photos, and possibly sharing them in ways you don't know.
Copyright © 2014 Microsoft. All rights reserved.
Start investing in technology companies with help from financial writers and experts who know the industry best. Learn what to look for in a technology company to make the right investment decisions.
- In current trade, gold, silver, WTI crude oil and natural gas are all sitting just above lows for the day
- Energy is lower this morning, metals are mostly lower, agriculture is mixed
- Overnight on the LME, aluminum futures rose 2.2%
- Dec gold is currently -1.8% at $1264.90/oz
- Dec silver is -1.5% at $19.20/oz
- Oct WTI crude oil is -1.4% at $94.64/barrel
- Oct natural gas -3.1% at $3.94/MMBtu
- Dec copper +0.1% at ... More
More Market News
|There’s a problem getting this information right now. Please try again later.|
MUST-SEE ON MSN
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'