It wasn't the bond insurers suing Puerto Rico that got my attention, even though it could be something for bond holders to think about, especially people who hold Puerto Rican Municipal Bonds.
What got my attention was Apple buying
Emotient. This company specializes in facial recognition software that specifically targets what emotions people are feeling right then. You could immediately see how video cameras stationed around schools, malls, colleges might want this technology to give them a heads up regarding mass murderers whether they be terrorists or just crazy. It's not that you could see who would actually act out in a murderous way but you might begin to recognize the facial emotion states that might lead to mass killings. So, Emotient combined with stationary video cameras all over might be helpful to police in stopping mass murders all over of all kinds.However, then there is the other side of this which is Big Brother controlling the masses of people all over the world which is not a good thing, especially places like North Korea.
Wall Street reacts to strong jobs report; Bond insurers sue Puerto Rico; Apple buys AI start-up
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Wall Street reacts to strong jobs report; Bond insurers sue Puerto Rico; Apple buys AI start-up
U.S. stocks (^DJI, ^GSPC, ^IXIC) look to hang on to early gains following a strong December jobs report. The U.S. economy added 292,000 jobs last month while the unemployment rate remained flat at 5.0%.Specialist James Maher, left, and trader Jonathan Corpina work on the floor of the New York Stock Exchange, Tuesday, Oct. 13, 2015. Stocks are opening slightly lower, breaking a winning streak, as traders worried about weak Chinese trade figures. (AP Photo/Richard Drew)
To discuss today's market movers and some of the other stories Yahoo Finance is keeping an eye on today, Alexis Christoforous is joined by Yahoo Finance's Nicole Sinclair and Kevin Mahn chief investment officer of Hennion & Walsh Asset Management.
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Bond insurers sue Puerto Rico
Earlier this week, Puerto Rico defaulted on $37 million worth of its debt, and two bond insurers filed suit Thursday in Federal Court. Is this a bellwether of future problems in the municipal bond market?
Apple acquires AI start-up
Apple buys artificial intelligence start-up Emotient. The company's technology reads people's facial expressions to determine their emotional states. What are some of the uses of this new technology and why is it a smart buy for Apple?
Will phone numbers become extinct?
Facebook thinks its messenger service is taking us to a world in which phone numbers become almost extinct. In a blog post this week, Facebook executive David Marcus wrote that 2016 will be the year when phone numbers show real signs of death. The app has grown to more than 800 million users. Is it a legitimate threat to traditional phones?
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Wall Street reacts to strong jobs report; Bond insurers sue Puerto Rico; Apple buys AI start-up
Friday, January 8, 2016
Wall Street reacts to strong jobs report; Bond insurers sue Puerto Rico; Apple buys AI start-up
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