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iPhone 7 Plus again tipped to come with a dual-camera setup

September is still a long way off, but rumors regarding Cupertino’s next iPhone are already coming in hard. Apple analysts from KGI, like Ming-Chi Kuo have definitely proven a trustworthy source of information in the past and although they mostly deal with analytical results and speculations, predictions have often turned out true in the past. In a new memo to ... Read More »

Hated market has 97% chance to rally: Citi

Hatred of the U.S. stock market is near levels last seen during the financial crisis, according to a Wall Street sentiment measure. And that, ironically, increases the chances the selling is almost over. Citi Research strategist Tobias Levkovich said his time-tested sentiment model shows there is a 97 percent chance of market gains over the next 12 months. This probability ... Read More »

Why oil could surge to $85 by year-end: Analyst

Depressed oil prices are likely to rally in the second half of the year —perhaps as high as $85 per barrel, energy analyst Michael Rothman said Monday. That said, he added any move higher won’t be a result of coordinated production cuts. West Texas Intermediate crude tumbled around 5 percent in late morning trade to under $32 per barrel, as ... Read More »

White House: FBI is not asking Apple for a ‘backdoor’ to the iPhone

The White House said it is not the aim of the government to compromise the security of Apple’s iPhone, as it only wants the company to help in the case of one phone that was used by a terrorist in the San Bernardino, California, attack on Dec. 2. Google, Mozilla and some other tech organizations and civil rights groups have ... Read More »

Hospital pays $17,000 ransom to get access back to its encrypted files

A Los Angeles hospital has paid US$17,000 to cyberattackers who crippled its network by encrypting its files, a payment that will likely rekindle a fierce debate over how to deal with a problem known as ransomware. Hollywood Presbyterian Medical Center issued a statement saying that its systems were restored on Monday, 10 days after malware locked access to its systems. ... Read More »

Big oil expected to report steep profit and revenue declines

Earnings season gets underway for the energy industry’s giants on Friday when Chevron reports before the bell. With profits and revenue for so-called “Big Oil” expected to fall significantly from a year ago, investors will have an eye on a few critical factors. In a field of battered drilling stocks, many analysts have advocated holding the big, integrated oil companies ... Read More »

Foxconn allegedly wants to buy Sharp

Sharp has been struggling for years and now chatter from Japan indicates that there’s a bidding war going on for the ailing company. Interestingly, Foxconn is said to have made a $5.1 billion bid. Sharp is one of Apple’s main display suppliers and, of course, Foxconn is Apple’s one of primary manufacturers. Foxconn chairman Terry Gou bought 38% of Sharp’s ... Read More »

Android 6.0 coming to Xiaomi Mi Note as soon as Friday

Testing over folks, the Xiaomi Mi Note is getting the Android 6.0 Marshmallow update soon – should be tomorrow! The Developer Edition already received the update and it’s firmware version MRA58K. The MIUI interface is at version 7, no surprises here. A screenshot of the updated About screen Keep in mind that this is for the Xiaomi Mi Note, not ... Read More »

HTC Desire Eye tipped to receive Marshmallow update later this year

The HTC Desire Eye smartphone, which was launched back in November 2014, will get the Marshmallow update sometime later this year. This was revealed by the usually reliable leakster @LlabTooFeR, who said the device will be updated to Android 6.0.1. For those who aren’t already aware, back in September last year, HTC USA released a list of smartphones that the ... Read More »

Apple analyst: Investors don’t want to hear THIS

One technology analyst had some unwelcome news for Apple investors as Wall Street digests some negative earnings commentary from CEOTim Cook. That news: This setback could be a good thing. Shares of the iPhone maker continued to sink, down almost 5 percent mid-day Wednesday amid a slew of analyst downgrades after Tuesday nights’ earnings. But some people were cheering that ... Read More »