Tag: 25Year

HSBC Shares Hit 25-year Low On Report Of China ‘Unreliable List’

Shares in banking giant HSBC plunged to a 25-year low Monday on fears it could be added to a Chinese list of firms deemed a threat to national security and following news it had been accused of allowing fraudulent activity to go unpunished.

The troubled lender tanked more than four percent to HK$29.60 at one point — a level not seen since mid-1995 — as investors fret over its ability to continue doing business in China and Hong Kong, which make up a crucial portion of its growth.

The sell-off came after the Global Times, a state-run English tabloid in China, reported the bank could be one of the first firms to be named on Beijing’s “unreliable entity list” as part of a tit-for-tat stand-off with several western countries.

The report pointed to HSBC’s participation in Washington’s investigation of Huawei and the arrest of its chief financial officer Meng Wanzhou

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25-Year Anniversary: How Windows 95 Forever Changed Personal Computing | Tech Buzz

Last week was the 25th anniversary of the biggest and most critical launch in computing history. Steve Jobs was on a forced hiatus after being fired from Apple, and that platform wasn’t doing well. OS/2 the supposed successor to DOS/Windows, wasn’t selling well either, and DOS/Windows was way out-of-date and aging poorly.

Then Windows 95 was promised and the year running up to the launch was a fantastic mix of media showcases, previews, speculation and excitement. From the standpoint of lines and demand, nothing that preceded the product even came close, and even after the launch, only Apple has been able to drive the same level of excitement — but not for an operating system, only for complete hardware.

The launch year was an essential point in the history of the PC that changed the market forever. It also made my career for which I’m eternally grateful. Let’s talk about

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