The “AMC apes” were quick to shred the downgrade of their favorite company on Twitter from Macquarie analyst Chad Beynon on Wednesday, a move that wiped away 7.3% from the stock price.  A day later, Beynon is standing by his call because, well, the fundamentals warrant a more bearish stance.  “It has been a pretty difficult time [to cover AMC],” Beynon said Thursday on Yahoo Finance Live. “The AMC story is really momentum and technically driven, and a lot of the leaders of this [AMC]… Source link

MOSCOW—Russia’s state censor threatened to fine Apple Inc. and Google and accuse them of interfering in elections if they don’t remove an app developed by supporters of jailed opposition leader Alexei Navalny, in what critics say is the latest attempt to stifle criticism ahead of a parliamentary vote next month. The communications regulator Roskomnadzor said Thursday the app enabled Mr. Navalny’s supporters to continue their campaigns after his Anti-Corruption… Source link

The trial of Theranos CEO Elizabeth Holmes officially begins next week — and there’s more at stake than the fate of a disgraced biotech entrepreneur, and a company that’s now become synonymous with fraud. Indeed, there’s at least some element of Silicon Valley that’s also being put on trial, and at least a few entrepreneurs believe the fallout could outlast the trial headlines, particularly for female startup founders. The tech sector’s mantra of “move fast and break things,”… Source link

Google Chrome has well over two billion users worldwide and it not only dominates the web browser market, its Chromium core runs numerous browser alternatives. All of which makes Chrome the number one target for hackers and now Google has issued its fifth urgent upgrade warning in two months.  Google has warned users about five new ‘High’ security risks in Chrome LightRocket via Getty Images MORE FROM FORBESGoogle Reveals 7 ‘High’ Level Security Flaws In… Source link

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Yahoo and AOL, formerly known as Verizon Media, have officially been acquired by their new owners and renamed as simply “Yahoo.” Verizon announced it was selling the properties to Apollo Global Management in May in a deal said to be worth $5 billion, around half of the nearly $9 billion the telecom giant originally paid for them, and a fraction of the hundreds of billions the two companies were worth at their peaks. Verizon originally purchased AOL in 2015 for $4.4 billion, and… Source link

Russian technology giant Yandex has purchased Uber’s stake in several of the joint ventures it owns together, including its food and grocery delivery services. Yandex is one of Russia’s biggest technology companies Russian search engine and ridehailing company Yandex has announced that it will buy out Uber in some of the joint ventures the two giants share, including its food and grocery delivery services, in a $1 billion deal.     The agreement will see Yandex purchase Uber’s… Source link

Yandex (NASDAQ:YNDX) was the recipient of a significant growth in short interest during the month of August. As of August 13th, there was short interest totalling 6,120,000 shares, a growth of 13.8% from the July 29th total of 5,380,000 shares. Approximately 2.0% of the company’s stock are sold short. Based on an average daily volume of 960,400 shares, the short-interest ratio is currently 6.4 days. Several institutional investors have recently modified their holdings of the company…. Source link

Yandex (NASDAQ:YNDX) was the recipient of a significant growth in short interest during the month of August. As of August 13th, there was short interest totalling 6,120,000 shares, a growth of 13.8% from the July 29th total of 5,380,000 shares. Approximately 2.0% of the company’s stock are sold short. Based on an average daily volume of 960,400 shares, the short-interest ratio is currently 6.4 days. Several institutional investors have recently modified their holdings of the company…. Source link

“Quick phrases” is a new feature currently under development for Google Assistant that could one day let you skip having to say “Hey, Google” for common phrases like “What time is it?” or “Turn the lights on,” 9to5Google reports. The feature is yet to be officially announced, and it’s unclear when it might launch or exactly which devices might support it. The feature emerged back in April under the codename “Guacamole.” At the time it was called “Voice… Source link