(Bloomberg) — AT&T Inc. will offload its DirecTV operations in a deal with private equity firm TPG that values the business at about $16 billion, a fraction of what the telecom giant paid for the satellite-TV company in 2015. The move caps years of AT&T deliberating over what to do with DirecTV, a pay-television pioneer that had increasingly become a burden as it hemorrhaged customers. As part of the agreement, a joint venture with TPG will run DirecTV and AT&T’s other pay-TV operations,… Source link

TipRanks 2 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ We’re in a volatile period right now, as stocks slipping after starting the year on a strong note. Big Tech, which boomed during the pandemic lockdowns and the move to remote work, is leading the declines. Investors have taken the measure of the vaccination programs, and now, in fueled by both a belief and a hope that economies will soon return to a more normal footing, they are seeking out those stocks that will gain we… Source link

The world’s first bitcoin exchange traded fund is off to a hot start. The Purpose Investments bitcoin ETF now has more than $590 million in assets under management after launching just one week ago. The ETF was the first physically settled Bitcoin ETF to win approval and began trading in Canada on Thursday. It now gives investors a more direct way to invest in bitcoin relative to other closed-end funds like the popular Grayscale Bitcoin Trust (GBTC) and a less direct way than outright owning… Source link

Formerly known as G Suite and Google Apps, this comprehensive guide outlines the essential features of Google Workspace for organizations. Google Workspace is a set of communication and collaboration apps built for people in organizations. The core Google Workspace communication apps, such as Gmail and Google Meet, are widely used around the… Source link

Google CEO Sundar Pichai testifies before the House Judiciary Subcommittee on Antitrust, Commercial and Administrative Law during a hearing on “Online Platforms and Market Power” in the Rayburn House office Building on Capitol Hill, in Washington, U.S., July 29, 2020. Mandel Ngan/Pool via REUTERS The power of Big Tech to tamp down potential business rivals stretches all the way into the courtroom, a leading antitrust attorney testified before the House Judiciary Subcommittee on Antitrust on… Source link

Computing and printing giant HP (HPQ) sure dialed up the growth in its most recent quarter. Powered by consumers continuing to invest in work-from-home tech gear during the COVID-19 pandemic, HP blew away Wall Street sales and profit forecasts Thursday after the close. The company also shared upbeat guidance for its fiscal year, which may trigger a good number of upward revisions to analyst profit estimates and stock price targets in the coming days. “What we are seeing is very strong demand… Source link

WASHINGTON (Reuters) – A federal judge hearing a U.S. government antitrust case against Google on Thursday urged the lawyers to work out a complicated dispute on pre-trial document production among themselves. FILE PHOTO: The Google sign is shown on one of the company’s office buildings in Irvine, California, U.S., October 20, 2020. REUTERS/Mike Blake The Justice Department has been pushing Alphabet’s Google to produce documents on a long list of topics related to its lawsuit, which… Source link

WASHINGTON (Reuters) – A federal judge hearing a U.S. government antitrust case against Google on Thursday urged the lawyers to work out a complicated dispute on pre-trial document production among themselves. FILE PHOTO: The Google sign is shown on one of the company’s office buildings in Irvine, California, U.S., October 20, 2020. REUTERS/Mike Blake The Justice Department has been pushing Alphabet’s Google to produce documents on a long list of topics related to its lawsuit, which… Source link

WASHINGTON (Reuters) – A federal judge hearing a U.S. government antitrust case against Google on Thursday urged the lawyers to work out a complicated dispute on pre-trial document production among themselves. The Justice Department has been pushing Alphabet’s Google to produce documents on a long list of topics related to its lawsuit, which accuses the company of breaking antitrust law in its search and search advertising businesses. Google has balked at some of the production, describing… Source link

TipRanks Billionaire Ken Griffin Pulls the Trigger on These 2 Penny Stocks Risk and reward are the yin and yang of stock trading, the two opposite but essential ingredients in every market success. And there are no stocks that better embody both sides – the risk factors and the reward potentials – than penny stocks. These equities, priced below $5 per share, typically offer high upside potentials. Even a small gain in share price – just a few cents – quickly translates into a high… Source link