Caution! well, this is rather peculiar. The Nasdaq stock market — the entire Nasdaq, which lists major tech firms such as Apple and Facebook — has temporarily suspended all trading due to a technical issue.
The exchange sent an alert to traders at 12:14PM ET today announcing that it was halting all trading “until further notice,” according to a New York Times report.
Reuters is reporting that Nasdaq will reopen trading soon, but with a 5-minute quote period. The market will not be canceling open orders, however, so firms that don’t want their orders processed once everything’s up and running should cancel their orders manually now.
However it’s not entirely clear what caused the issue, or how and when it will be resolved, but you better believe it’s causing some commotion on Wall Street, and could impact traders for days and months to come.
Update (2:28PM ET): CNBC and the Wall Street Journal are reporting that Nasdaq will resume limited trading beginning at 2:45PM ET.
Update (2:32PM ET): CNBC is now reporting that trading will resume with just two securities at 2:45PM ET. Full trading will begin at 3:10PM ET.
Update (3:28PM ET): It appears that trading has resumed as of 3:25PM ET.
Microsoft has released the Outlook.com app for Android. It is, as you would expect, an email client for your Outlook (previous Hotmail) account. What you wouldn’t expect is just how badly made this app from Microsoft is.
Just looking at the screenshots above you can see what is wrong with the app. It looks like it went into development when Gingerbread came out and since then no one told Microsoft about ICS and Jelly Bean. This is confounding as other recent apps from Microsoft, such as OneNote Mobile and SkyDrive are actually pretty good.
Functionality-wise, the app is fine, but then, so is the stock mail client in Android. It even supports push mail, which leaves you with the question, why would you ever download this atrocity from Microsoft?
Update: Technically the app is developed by Seven Networks on behalf of Microsoft but it still has Microsoft’s stamp of approval on it so they are just as responsible for this terrible app.
Samsung Electronics announced on the 19th that Galaxy Note 10.1 LTE—the 4G version upgraded with new features—would be consecutively released via three major Korean mobile carriers.
Galaxy Note 10.1 LTE simultaneously supports the voice call, video, and data transmission with the latest LTE technology such as VoLTE (Voice over LTE) and Multi Carrier, which is five times faster than the previous 3G technology. Equipped with a slew of new features, Galaxy Note 10.1 LTE runs on the latest Android OS Jelly Bean.