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Apple introduces its biggest iPhone yet

Apple introduces its biggest iPhone yet

Technology
Apple focused on big displays -- and even bigger medical applications -- introducing a revamped Apple Watch that doubles as a medical device and three new iPhones at its annual event today. With its latest smartwatch, the company moves further into health. The Apple Watch Series 4 can be used to take an electrocardiogram, or ECG, to monitor heart rate abnormalities, Jeff Williams, Apple's chief operating officer announced. The company said it has obtained two Food and Drug Administration approvals for the watch as a medical device -- for the do-it-yourself ECG and for the monitoring of irregular heart rate, which can be a sign of atrial defibrillation that can lead to stroke and heart failure. The American Heart Association's president Ivor J. Benjamin took the stage to talk about ho...
Russia joined by China for biggest 'war games' since Soviet era

Russia joined by China for biggest 'war games' since Soviet era

World
Agne Gaidyte, news reporterRussia has started its biggest "war games" since the end of the Soviet Union, which are said to involve almost 300,000 troops, more than 1,000 aircraft, 36,000 tanks and military vehicles, and dozens of warships.The huge week-long exercise, called Vostok 2018, is being held in eastern Siberia near the border with China, and also includes the Chinese army.Beijing is sending about 3,200 troops, 900 combat vehicles and 30 aircraft to join the drills at a firing range.It is being seen as a significant deployment that reflects its shift towards a full-fledged military alliance with Russia. Mongolia also has sent a military contingent.NATO has criticised the drills as a rehearsal for a "large-scale military conflict".The show of military power includes Russia's Iskande...
Gamescom: The seven biggest announcements at the show

Gamescom: The seven biggest announcements at the show

Technology
Cyberpunk dystopias and one-armed ninjas are among the highlights from this year's Gamescom games fair, which opened on Tuesday in Cologne.The biggest show of its kind in Europe, Gamescom attracts thousands of visitors to see the latest games every year. Next-generation graphics were teased by Nvidia, while a full Xbox One release for the popular shooter PlayerUnknown's Battlegrounds (PUBG) was announced.The latest game from the creator of Dark Souls was also revealed.Nvidia graphics cards illuminate a new generation of gamesIt may sound like the name of a fictional detective, but ray tracing is the technology at the heart of Nvidia's forthcoming graphics cards - the Turing RTX 2080 and RTX 2080 Ti. Ray tracing enables a more c...
One of market’s biggest bulls takes a ‘few chips off the table,’ sees impending sell-off

One of market’s biggest bulls takes a ‘few chips off the table,’ sees impending sell-off

Finance
One of the market's biggest bulls is on sell-off watch. Federated Investors' portfolio manager Steve Chiavarone sees a 5 to 8 percent drop in stocks before summer ends. And, he thinks it may have already started. "We've taken a few chips off the table," the portfolio manager said Friday on CNBC's "Trading Nation," and he cited uncertainty as the overwhelming reason why. "On average, midterm election years have pullbacks, particularly in the summer months," Chiavarone said. "Big trade rhetoric is going to continue to be hot." ...
Tech firms are suddenly the corporate world’s biggest investors

Tech firms are suddenly the corporate world’s biggest investors

Finance
A COMMON way to describe the history of the technology industry is by product cycles. The 1990s was the era of the PC; then came the internet and related services, followed by mobile; and now artificial intelligence looms. But there is a different way to think about tech: it is switching from an era of hoarding profits to one of reinvestment. Take a crude yardstick of spending: the physical footprint of the five most valuable American tech firms. A decade ago if you added up all the land they occupied, you got to an area one and a half times the size of Central Park. Now an ongoing splurge means they use ten times more space, or 600m square feet (55m square metres), roughly the size of all of Manhattan. This shift to redeploying profits is seismic.Amazon accounts for two-fifths of that spa...