internationalnews
Apple Inc. stock analysts headed in opposite directions, with the tech giant picking up a rare downgrade on the same day it got a new target price that exceeded all others on Wall Street. While Longbow Research analyst Shawn Harrison cut the stock to neutral on Wednesday, Bank of America Merrill Lynch analyst Wamsi Mohan raised his target price to $220 from $180. That’s the highest target price among analysts surveyed by Bloomberg. The shares slipped 0.1 percent in early trading to $176.05. Read more: https://www.bloomberg.com/news/articles/2018-01-17/apple-gets-a-downgrade-and-a-new-street-high-target-on-same-day

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Alphabet Inc.’s Google is introducing a new product that lets data-center customers tap the search engine’s artificial-intelligence arsenal, part of the company’s effort to stand out in the competitive cloud-computing market. The product, called Cloud AutoML, is aimed at companies with limited experience in the AI field. It uses a company’s data to automatically generate machine-learning models -- computing systems that can crunch and parse huge swaths of information. Google is starting with vision, allowing companies to classify images more effectively, but plans to release the tool for analyzing text, speech and video. Read more: https://www.bloomberg.com/news/articles/2018-01-17/google-pitches-ai-image-detection-tool-to-lure-cloud-customers

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Bitcoin has traded below $10,000 for the first time since early December. The value of one bitcoin fell to $9,958 (£7,222) before making a slight recovery, according to the price index run by the news site Coindesk. That represents a drop of nearly 50% since it peaked close to $19,800 five weeks ago. Read more: http://www.bbc.com/news/technology-42717639
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