Displays are cropping up everywhere these days, from electronic billboards to office televisions to just about any consumer electronic device. Due to the high demand for these displays, many manufacturers have turned to OLED technology to make high definition capabilities more accessible. We’ll focus on the differences between OLED displays and how they are fundamentally superior options compared to the traditional LED displays.
There is no shortage of useful devices that a business could benefit from, but the most popular is undoubtedly the smartphone. As a communication tool, it is effectively unparalleled - you can use your device to conduct business and communicate from anywhere. However, this is neglecting many of the other abilities that make the smartphone a smart choice for your business productivity, especially when you’re mobile.
Although we’re in the habit of discussing ways to keep your business more secure, we unfortunately have to discuss how to keep yourself more secure against a business. Walmart recently filed a patent that could potentially be used to undermine the security of everyone there, from shoppers to employees. We took the time and dug into the jargon in the patent to give you a better look at the situation.
Have you ever found yourself packing too many things for a short trip? What about your technology? Do you have multiple devices? The truth is that no matter the reason you are traveling, you don’t need to pack like royalty to be able to be productive while you are on the road. Today, we talk about how scaling down your technology while you travel is a solid practice.
Wireless charging seems to be a perfect idea - imagine if someday, our devices would never run out of charge? This may be why such aggressive progress has been made toward building a better battery charger. However, not everyone is convinced that wireless charging will have the effects that are desired of it.
Money needs to move in order for the economy to work. Traditionally, banks are the major lending institutions, and as a result have to adhere to a myriad of regulations. To provide an equitable system that people aren’t afraid to utilize, there are a lot of checks and balances that have put in place by the bank and regulators, alike. Today, there is growth of what are called marketplace lenders (MPLs) that are changing the way people (and organizations) can access capital and it is fueled by what is referred to as FinTech, or financial technology. Today, we will take a short look at FinTech and how it is changing the way we manage, borrow, pay, see, and use money.
Most computer users know of the hard drive, but how many actually know what it does? Depending on who you ask, you’ll get different degrees of answers. It’s rare that you’ll encounter the ordinary person who knows what the hard drive is, as well as how it works or what it does. This week’s tech term is the hard drive, so let’s dig in.
Your business either has a sound plan to manage its IT maintenance, or it does not. There is no middle ground here. Either you have an internal team dedicated to maintaining your IT infrastructure, or it’s not being taken care of as well as it should be. Even if you do have an internal team, you might notice that they simply don’t have time on their hands to handle all of their responsibilities. We’re here to introduce you to one of the most notable ways of keeping your technology in proper working order: managed IT services.
It’s true that email is such a common solution that most people don’t think twice about how it works. However, it’s imperative that you at least understand the concept, as it can provide you with a considerable advantage when it comes time to optimize email access on your mobile devices. First, we’ll discuss the ways in which the two major message exchange protocols differ, and then dig into the specifics of why you should choose one over the other.
Technology is a necessity for businesses everywhere if they are to reach their goals, which are themselves influenced by the technology that businesses have access to. If this cycle is to continue, a business needs to establish what is expected to come next in the line of IT innovation. From the looks of it, businesses are currently placing convenience in high regard.
Vince Lombardi, one of the most successful head coaches in NFL history, once said “If you are five minutes early, you are already ten minutes late.” Although it wasn’t its intended use, this quotation can easily apply to technology. The tech industry is constantly changing, improving, and innovating. Adapting to changes is something all businesses must do to thrive, small and medium businesses included.
How would you like to be able to charge your smartphone by simply walking down the street? Or to be able to turn the tie you’re wearing into a voice-recognition security system? Thanks to a team at Michigan State University, these abilities may not be so out of the question, as they have developed a promising little device that could be used to achieve these goals and many others.
In recent years, the familiar hard disk drive has slowly been losing ground to the much faster solid state drive. As they operate through very different processes, there are a few critical differences that you need to be aware of: SSDs have a limit to how many times data can be rewritten on the drive. This limit isn’t small, a standard consumer SSD drive is rated to sustain 40 gigs of data writing per day for 10 years. This may seem like a lot, but you’ll only get good results if you meet certain requirements and practices.
Everyone knows that everything in the break room fridge needs to be replaced after a certain amount of time, but that’s not all that’s at your business that needs regular updates. The solutions you use every day will also need maintenance, for quite a few reasons.
When you think about the stock market, one vibrant image that comes to mind is the chaotic trading floor of the New York Stock Exchange, with traders climbing over each other and barking orders. Today, the NYSE trading floor is much more subdued, a testimony to just how much technology has changed the financial marketplace.
Wall Street, BC (Before Computers)
Even before the advent of the computer, Wall Street was well known for utilizing technology. The ticker tape is a shining example; a fascinating device which gave a real-time and continuous printout on the performance of the market.
When combined with a nearby telephone, these two technologies gave the average Joe the ability to buy and sell securities on a whim. This helped pave the way for near-instantaneous trading, which was largely responsible for the dynamic growth experienced by the stock market during the twentieth century.
Make Way for the Computers
Later, the quotation board was adopted, retiring the iconic ticker tape machines. In the 1980s, modern computing tactics took front and center, thanks to the introduction of the Quotron. With this technology, brokerage houses gained the power to instantaneously manage large hedge funds by quickly reacting to market fluctuations.
The Internet Changes Everything
When the Internet revolution hit, using computers connected over a network wasn’t something new to Wall Street. In fact, as early as the 1970s brokerages had been using Electronic Communications Networks (ECNs) to make their own computer systems more efficient. However, before computer networking could significantly change the operations of a behemoth institution like Wall Street, significant capital first needed to be invested in order to build the infrastructure--a longtime task that was actually funded by significant technology investments being poured into the stock market.
With the rise of the Internet came online brokerages such as ETrade and Ameritrade. However, the major influence of such online tools which gave individual players unparalleled control over their investments is only part of the story. In 1994, two economists, William Christie and Paul Schultz, published a paper titled, “Why do NASDAQ Market Makers Avoid Odd-Eighth Quotes?” where they outlined a deliberate anomaly where market makers were manipulating the spread (the difference between the buy and sell prices of NASDAQ securities) to secure these individuals a higher profit margin. You may recall this event leading to a full-scale investigation and subsequent rule changes by the Security and Exchange Commission (SEC) to protect the smaller investors that made use of these online trading services. Eventually, even the traditional brokerages such as Charles Schwab and TD Waterhouse offered online trading that could be accessed by anyone.
Like with every good bubble, the crazy market growth fueled by Internet technologies (with frenzied spending seen particularly in 1999 and 2000) eventually popped. It took a few long years for the EU and US markets to rebound from the pop of the dot com bubble, but confidence in the markets was eventually restored, thanks to a realization that the Internet was much more than a fad and could be effectively utilized by companies to boost their sales base.
Online Trading at High Speed
No longer faced with the limitations of dial-up modems, today’s Internet speeds make it possible for investors to execute trades in incredibly short intervals--millions of times faster than what can be made by human decision making. This has led to the phenomena of quantitative trading, which uses complex algorithms to do trades so fast that a half a cent here and a half a cent there can lead to millions of dollars changing hands over millions of trades.
However, this technological development helped contribute to another major dip in the market, the housing collapse of 2008. Since then, several strategies and regulations have been implemented in an effort to keep tabs on this fast-paced market.Today, regulators heavily rely on automated systems in an effort to keep investors, traders, brokers, and everyone else involved in quantitative trading honest.
Despite the best efforts of regulators, they still find themselves in a reactive position to wild market fluctuations that are fueled by high-speed trading technologies. This was especially evident on May 6, 2010 in what was known as the “Flash Crash.” Wikipedia gives an account of this fateful day, “The Flash Crash, was a United States trillion-dollar stock market crash, which started at 2:32 p.m. EDT and lasted for approximately 36 minutes. Stock indexes, such as the S&P 500, Dow Jones Industrial Average and Nasdaq Composite, collapsed and rebounded very rapidly. The Dow Jones Industrial Average had its biggest intraday point drop (from the opening) up to that point, plunging 998.5 points (about 9%), most within minutes, only to recover a large part of the loss. It was also the second-largest intraday point swing (difference between intraday high and intraday low) up to that point, at 1,010.14 points. The prices of stocks, stock index futures, options and exchange-traded fund (ETFs) were volatile, thus trading volume spiked. A CFTC 2014 report described it as one of the most turbulent periods in the history of financial markets.”
On the upside, the market rebounded almost as fast as it fell, finishing down only three points. It took regulators over four months to determine the cause of this “hiccup,” which stemmed from an algorithm being triggered by a very large sale of stock, along with the same-day announcement that Greece was bankrupt. Protections have since been put into place, but it just goes to show how volatile technology makes today’s financial markets when millions of trades are being made every minute.
What’s your opinion of all of these crazy changes experienced by the stock market (and perhaps your portfolio) due to the introduction of new technologies? Does it make you more cautious to invest or emboldened to take greater risks?
Additionally, how does the story of technology changing the financial markets relate to how technology has changed your own business model over the years? Has it made you faster, more automated, and more effective? Share your thoughts with us in the comments.
Technology has unlocked some marvelous advancements for human civilization, and thanks to the Argus device by Second Sight, it can now provide a cure for blindness!
Regardless of how your business’s administration is set up, you should be aware that anyone in a position of authority must have a basic understanding of how IT, and its related responsibilities, functions for your business. Here are four ways that you can learn more about how IT works within your organization.
The 1990s were a golden time of technology with VHS, floppy disks, and beige computing hardware aplenty. Back then, learning of new technology shortcuts was totally rad. Although, looking back, many of these cool tech tips are now obsolete. Yet, they still hold a special place in our hearts. Here are some of our favorite technology tips from the ‘90s. Which ones do you remember?
Computer monitors have become streamlined in appearance and design over the years. One of the biggest improvements was the addition of the LCD screen, which in comparison to the old CRT monitors is more pleasing to the eye. However, its brightness means that there are side effects that can lead to eye strain and headaches. You can lower your screen brightness to preserve both your eyesight and your sanity, in addition to saving precious battery life.
Windows 95 changed the way that consumers saw personal computing, and it heavily influenced future versions of Microsoft’s Windows operating system. Over twenty years later, you can expect to see significant changes and improvements, to the point where those who weren’t exposed to older technology don’t have any clue what it is. Nowhere is this more painfully true than watching how teens react to Windows 95.
