Gadgets

Citi's Internet Shopping List

Citi analysts are largely bullish on Internet stocks, eyeing future growth amid an influx of more tech-savvy consumers and greater access to high-speed mobile data. Analysts at the bank, which initiated coverage of the Internet sector this week, said in a research note sent to clients that the industry is still in the “early innings of its growth cycle.” Internet-centric consumers, mainly from the Millennial generation, are just starting to enter their “prime buying and influence period,” they added, while the shift in Internet consumption from PCs to mobile devices represents a key growth driver for the industry. With those factors in mind, Citi unveiled its top five web stocks, five others it rated at neutral and one more that analysts consider to be on the way down, listed in order of preference.

Opinion: LEADS Act Can Save U.S. Innovation

With cloud computing becoming commonplace, the federal government is seeking to place every byte of data on the Internet under its jurisdiction, a power-grab that should concern every American and every foreigner using an American corporation for computer services. 

HP Split Unlocks Cash for Mobile Play

Plans to split Hewlett-Packard into two companies, with one focused on consumer technology, could reinvigorate the PC maker’s push into mobile devices.

Microsoft Revenue up 18%; Profit Falls

The tech behemoth posted 4Q profits that came in shy of estimates, while revenues topped views. Shares bounced between gains and losses after-hours.

Tech to Blur Lines Between 'Real' and Digital Friends

By taking advantage of the oodles of information people post to the cloud, and cross-referencing that with location data, SocialRadar and wearables are hoping to provide users with relevant real-time data about the people in their vicinity -- but not in a creepy way. 

Happy Birthday Internet: 25 Years of Milestones

Until the Internet of Things became dinner table conversation and mobile phones became extensions of human hands, the web faced a rollercoaster few years. Here are some of the web’s lowest, and most shining moments.