Tag Archives: Biggest

CEO Sundar Pichai announced Monday that the company would devote 1 billion Australian dollars (about $736 million) to the country over the next five years. The funds will go, in part, toward launching the firm’s first research hub in Australia, as well as helping develop the nation’s cloud computing sector. Google (GOOGL) also plans to team up with an Australian government agency on scientific research, which will include projects on clean energy and protection of the Great Barrier Reef…. Source link

Facebook. Apple. Amazon. Netflix. Google. Five Big Tech giants known in investing circles simply as FAANG for years. That was until Mark Zuckerberg channeled his inner meta on Thursday.  The FAANG investing acronym was created in 2013 by Jim Cramer, the founder of TheStreet (full disclosure, my former boss who also created the term “Cloud Kings“). It was both catchy as hell and true to form for the companies it represented.  Think of a fang on a rabid dog and it’s not unlike all five tech… Source link

(Bloomberg) — Few people could have predicted the downward spiral for Alibaba Group Holding, when founder Jack Ma delivered a blunt criticism of China’s financial system last October. Most Read from Bloomberg Yet one year on, the technology titan has lost a whopping $344 billion in market capitalization — the biggest wipe-out of shareholder value globally, according to data compiled by Bloomberg. Shortly after the now infamous speech, Beijing suspended the listing of its fintech arm Ant… Source link

Google just wrapped up its Pixel 6 Fall Launch event, where it announced two new phones as well as a wealth of features that are supported by its new Tensor processor. Here are the biggest things Google announced during its live stream. Image: Google After months of leaks, we got the full details on Google’s Pixel 6 and Pixel 6 Pro phones — the Pixel 6 will sell for $599… Source link

(Bloomberg) — Grayscale Investments LLC and the New York Stock Exchange filed to convert the world’s biggest Bitcoin fund into an ETF, appealing to regulators for approval just as its wildly popular vehicle is beset with competition. Most Read from Bloomberg The application to flip the $40 billion Grayscale Bitcoin Trust (ticker GBTC) landed on the same day that the ProShares Bitcoin Strategy ETF (BITO) debuted, becoming the first exchange-traded fund in the U.S. investing in futures on the… Source link

Late Monday night, Google filed for a court order to produce documents from longtime Google critic Luther Lowe, as part of its ongoing federal antitrust case, US vs. Google. The motion arises from an apparent breakdown in negotiations between Google and Lowe’s employer, Yelp. Yelp has agreed to document production from a number of its employees, but has resisted on Lowe in particular, leaving Google to ask the court for a subpoena that would compel email archives and other documents.

Kiyosaki: ‘Biggest crash in world history’ hits in October — 3 ways to protect yourself The looming default of Evergrande — the second largest property developer in China — continues to send nervous vibes across global markets. And “Rich Dad Poor Dad” author Robert Kiyosaki is predicting a major crash because of it. “HOUSE of CARDs coming down. Real estate crashing with stock market,” Kiyosaki tweeted last week. “China’s Evergrande Group cannot pay. Valuation of properties… Source link

(Bloomberg) — Most Read from Bloomberg Bitcoin jumped, rising in a matter of minutes to its biggest daily gain since July, and other digital currencies surged in a shock rally that followed the largest monthly decline since May. The largest cryptocurrency by market value rose as much as 10% to $47,884 early in New York trading before paring gains. Ethereum, Litecoin and EOS also jumped, with the Bloomberg Galaxy Crypto Index rising as much as 8.9%. Bitcoin had slumped 7.6% in September amid… Source link

Julian Assange after his arrest in 2019. Photo: Jack Taylor/Getty Images In 2016, WikiLeaks founder Julian Assange released hacked Democratic Party emails that were widely credited with boosting President Trump’s underdog campaign. But if Assange thought that meant he would receive more generous treatment from the U.S. once… Source link

Vaccinating Americans with their first or second shots is more urgent than giving boosters, according to one infectious disease expert, given that unvaccinated individuals generally experience the worst outcomes when infected with COVID-19. “What I’m seeing here on the ground level in Alabama and other areas with low vaccination is that a lot of the morbidity, a lot of the bad outcomes, are not in individuals who lack a booster,” Dr. Ellen Eaton, assistant professor at the University of… Source link