Tag Archives: ambitions

[unable to retrieve full-text content]Google Focuses on AI, Reins in X Lab Ambitions  Bloomberg Source link

Food delivery giant DoorDash is doubling down on its global ambitions, even as the delivery space faces steep declines from its pandemic highs. In an interview with Yahoo Finance at the Collision Conference, Co-Founder and CTO Andy Fang explained what the company’s recent $3.5 billion acquisition of Finnish delivery company Wolt meant for them down the road. “With the partnership with Wolt, I think we’re going to be able to fast forward those ambitions,” Fang said, adding: “People ask us,… Source link

Google and its rivals are wielding a new weapon in the battle for cloud-computing market share: big-dollar investments in companies that agree to sign on to their services. With Thomas Kurian serving as cloud chief executive since 2019 after a long tenure at Oracle Corp. , the Alphabet Inc. unit has been tapping its $142 billion treasure chest of cash to make it more attractive to customers. Google has taken… Source link

Yandex.Market wants to grow its fashion category from one percent to 20 percent of total GMV. Shutterstock Although Yandex backed out of a deal to buy fashion e-tailer KupiVip in July, the tech giant hasn’t given up on the fashion segment, announcing earlier this week at its Yandex Fashion Day conference that its own Yandex.Market platform would be doubling down on fashion category… Source link

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WASHINGTON — Washington is abuzz with an ambitious new antitrust effort to rein in the power of tech industry power players like Apple, Amazon, Google, and Facebook — and the effort could limit their ascent in the health care industry. Tech companies are already major players in the health care space — think Amazon’s decision to launch its own pharmacy, or Google’s acquisition of Fitbit — and they have their sights set even bigger. If major antitrust reform passes, it could… Source link

Tesla shares (TSLA) are getting a nice pop on Monday following much better than expected first quarter delivery numbers, but the real upside to shares in the medium-term will be in part due to efforts out of the Biden administration to get people into electric cars.  Or so says Wedbush tech analyst Dan Ives, who lifted his rating on Monday to Outperform with a $1,000 price target. Ives’ bull case price target is $1,300, reflecting optimism on Biden’s EV ambitions.  “We are hearing from our… Source link

Russia’s internet major Yandex is maintaining ambitious plans in the e-commerce space for this year and sees its ecosystem as a key competitive advantage, Sova Capital wrote on March 11 after a call with Yandex executives and investors. As reported by bne IntelliNews, in 2021 Yandex for the… Source link

Russia’s internet major Yandex is maintaining ambitious plans in the e-commerce space for this year and sees its ecosystem as a key competitive advantage, Sova Capital wrote on March 11 after a call with Yandex executives and investors. As reported by bne IntelliNews, in 2021 Yandex for the… Source link

Russia’s internet major Yandex is maintaining ambitious plans in the e-commerce space for this year and sees its ecosystem as a key competitive advantage, Sova Capital wrote on March 11 after a call with Yandex executives and investors. As reported by bne IntelliNews, in 2021 Yandex for the fifth year in a row topped the list of most valuable tech and internet companies with a valuation of $23bn. Its investment case now rests on… Source link