Tag Archives: Announces

Bloomberg Reddit Crowd Bludgeons Melvin Capital in Warning to Industry (Bloomberg) — The first sign of trouble for hedge fund wunderkind Gabe Plotkin came in late October: A poster on Reddit’s popular wallstreetbets forum was taking aim at his wildly successful investment firm.“GME Squeeze and the demise of Melvin Capital,” wrote the user, Stonksflyingup, referring to stock ticker of GameStop Corp. and Plotkin’s $12.5 billion firm. Before long, veryforestgreen weighed in: “Melvin… Source link

Quarterback Philip Rivers is retiring after 17 seasons in the NFL, he announced Wednesday. “It’s just time,” he told Kevin Acee of the San Diego Union-Tribune. “It’s just right.” Rivers, who turned 39 in December, spent all but one of his professional seasons playing for the Chargers — first the San Diego Chargers, and then the Los Angeles Chargers — and played his final season for the Indianapolis Colts. “This is the first year I felt like the ending was real,” he said…. Source link

On Thursday, Google announced that its acquisition of Fitbit is finally complete in a press release on its website. The announcement was made by Rick Osterloh, Senior Vice President of Devices and Services for Google. In the release, Osterloh emphasizes that the acquisition of the wearables company “has always been about the devices, not data” in an effort to clarify Google’s intentions with the purchase of Fitbit. Google looks forward to utilizing the talents of the Fitbit team to… Source link

Apple CEO Tim Cook, right, chats with an attendee at the Steve Jobs Theater during an event to announce new products Tuesday, Sept. 10, 2019, in Cupertino, Calif. (AP Photo/Tony Avelar) Apple (AAPL) on Wednesday announced a slew of investments as part of a $100 million initiative to combat racial inequity and injustice. The moves, part of the company’s Racial Equity and Justice Initiative (REJI), includes a $25 million contribution to the Propel Center, an innovation and learning hub for… Source link

TCL Google TVs will combine TCL’s industry-leading display technologies, such as Mini-LED, 8K and QLED, with Google’s new entertainment experience, to help users discover and access the content they love in stunning definition on the latest TCL screens more easily than ever before. “The introduction of TCL Google TVs will take our partnership with Google to the next level,” said Kevin Wang, CEO of TCL Industrial Holdings and TCL Electronics. “Our theme at CES this year is ‘Experience… Source link

Get ready for a super-sized NFL wild-card weekend. In 1982, there was a 16-team bracket due to a strike-shortened season. That was the last time we’ve had more than four games in the first weekend of the NFL playoffs, before this season. With the NFL expanding the playoffs from 12 to 14 teams, we’ll get wall-to-wall postseason football on wild-card weekend. Those games can be live steamed on the Yahoo Sports app. Here is the schedule for the three games on Saturday of wild-card weekend, all… Source link

Add comment 2500)this.value=this.value.substr(0,2500);” onkeydown=”if(this.value.length>2500)this.value=this.value.substr(0,2500);”> We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is… Source link

InvestorPlace Learn a Lesson From Luckin Coffee — and Avoid It in the Process You may remember Luckin Coffee (OTCMKTS:LKNCY) as the ticker symbol LK. That’s no longer the case. After revelations this past year, Luckin Coffee stock was relegated to the over-the-counter market.  Source: NewsToday / Shutterstock.com This was once a promising growth stock, but it led investors astray when top management was dishonest about sales, among other things. While the company looked like it was… Source link

Online advertising is expected to generate $42 billion in revenue this year for Google, which captures a third of all digital ad spending, according to an October projection from the firm eMarketer. Google’s vast reach led Texas and other state attorneys general to conclude in their lawsuit that the tech giant essentially had built the “largest electronic trading market in existence,” operating ad systems that are not unlike trades on a stock exchange. In that analogy, though, Texas… Source link

Google has delayed its plan for employees to return to the office, moving the date from July to September 2021, according to a staff memo sent Sunday night by Alphabet and Google CEO Sundar Pichai. In the email, confirmed by NBC News, Pichai said the company will test out a “flexible work week” that entails working at least three days a week in the office and other days at home. “We are testing a hypothesis that a flexible work model will lead to greater productivity, collaboration, and… Source link