There are different ways to establish how much you should be saving for retirement. Most people would agree that regular saving is a good way to plan for retirement, but how much to set aside and how to set your targets are up for debate. Rules of thumb Registered Retirement Savings Plans (RRSPs) were introduced in 1957, and the maximum contribution limit as a percentage of earned income was 10 per cent, up to a…"How to save for retirement at a time when most aren’t saving much at all"
Ring, the smart-doorbell company that Amazon bought for at least $1 billion last year, says it has partnered with more than 400 U.S. police forces to gain voluntary access to the video footage recorded by Ring doorbells. “Today, 405 agencies use the Neighbors Portal,” the company writes in a corporate blog post Wednesday, published after a Washington Post story detailed the expansion of its police partnerships, which had reached a larger scale than previously reported.…"Amazon’s Ring Partners With 400 Police Forces, Adding Fuel to an Already Raging Privacy Debate"
Since its debut two days ago, online video game World of Warcraft Classic has generated a level of excitement that surprised many observers. Demand to play the game has far outpaced server capacity, leaving would-be players waiting hours to enter its multi-player world of orcs and dragons. This would be remarkable for any game, but it’s particularly striking because WoW Classic is essentially the re-release of a 15-year-old title—complete with rough-edged character models and, arguably,…"A 15-Year Old Video Game Is Catching Fire All Over Again"
A former Google employee elaborated on previous allegations about her relationship with a powerful executive at Google parent Alphabet, saying that she was forced out of the company and that he refused to help raise their child. Jennifer Blakely, who worked in Google’s legal department, posted a detailed account of her involvement with Alphabet Chief Legal Officer David Drummond, claiming he broke company rules about workplace relationships and declined to pay child support for several years after…"Ex-Google Employee Says She Was Forced Out by Alphabet’s Chief Legal Officer, Who Refused to Pay Child Support for Their Son"
Tesla’s cars will cost more in China. But that doesn’t mean that the company’s investors should be worried. The electric car maker plans to increase prices in China starting on Friday, Reuters reported, citing people familiar with the matter. The move is likely a reaction to the slumping yuan, which has weakened against the U.S. dollar and has made it more difficult for American companies doing business in China to earn the same profit as…"Why Tesla’s Planned China Price Hikes Shouldn’t Worry Investors"
YouTube said it will launch a separate website for children after the Google-owned service was criticized and investigated for showing inappropriate videos to kids on its main site. The new site, an online version of the YouTube Kids mobile app, will go live later this week, according to a statement posted Wednesday by the company. YouTube also said its Kids app and website will get new categories for different ages. Preschool will be for children who are…"YouTube, Long Criticized for Showing Kids Inappropriate Videos, Will Launch a Children’s Site"
The Justice Department is opposing a bid by Google, Facebook, and a Chinese entity to complete an undersea internet cable between the U.S. and Hong Kong, raising national security concerns for the project that runs out of temporary authority next month. The high capacity fiber-optic cable running about 8,000 miles (13,000 kilometers) is intended to connect U.S. internet users to Asia and increase competition on the trans-Pacific data route, according to filings at the Federal…"Justice Department Wants to Cut Off Google’s Plan for an Undersea Internet Cable Between the U.S. and China"
Cryptocurrencies plunged suddenly in afternoon trading on Wednesday, spurring a guessing game of potential catalyst among enthusiasts and investors. The price of Bitcoin dropped below $10,000 for the first time since July. The largest digital token fell as much as 5.6%, before trading at $9,686 as of 3:40 p.m. in New York. Peer coins also sold off, with Bitcoin Cash falling close to 4% and Litecoin dropping about 8%. As with many things crypto, enthusiasts…"Why Today’s Cryptocurrency Crash Could, in Part, Be Blamed on Burning Man"
Apple is making a big change in the way it is recording—and improving—Siri. And it did it in typical Apple fashion. In a statement on Wednesday, Apple apologized for not “fully living up to our high ideals.” The company said that it is changing its practice of having outside contractors listen to recordings made by Siri users, which was previously a step in its evaluation process for the virtual personal assistant technology. Under Apple’s new…"Apple Opts out of Saving Siri Recordings by Default, Turning Another Controversy into a Marketing Moment"
The S&P 500 closed at 2,839 on January 25, 2018. On Monday, the S&P closed just shy of 2,886. That’s just 1.6% higher. So not including the dividends paid out in this time, the stock market has basically gone nowhere for more than a year-and-a-half. Coupled with the recent volatility in the markets over the past year or so, the fact that markets have done nothing for some 18 months can make some investors uncomfortable.…"Spike, Swoon, Repeat: What to Make of a Volatile Stock Market—That Has Basically Gone Nowhere for a Year and a Half"