Tag Archives: billion

(Reuters) – Alphabet Inc’s Google has reached licensing deals with over 600 news outlets around the world and is seeing a “huge increase” in users requesting more content from specific publications as part of a new program, it said on Wednesday. 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 update comes as big internet service providers including Facebook Inc have been locked in bitter… Source link

(Reuters) – Alphabet Inc’s Google has reached licensing deals with over 600 news outlets around the world and is seeing a “huge increase” in users requesting more content from specific publications as part of a new program, it said on Wednesday. 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 update comes as big internet service providers including Facebook Inc have been locked in bitter… Source link

By Makiko Yamazaki and Stanley White TOKYO (Reuters) -Nomura Holdings Inc on Monday flagged a possible $2 billion loss at a U.S. subsidiary, prompting Japan’s biggest brokerage and investment bank to shelve a hefty bond issuance and sending its stock tumbling by the most in over a decade. Nomura’s stock was greeted by a deluge of sell orders at market open, pushing its price down as much 16% in early trade. The firm in a statement said the $2 billion hit derived from transactions with a U.S…. Source link

TipRanks J.P. Morgan Says These 2 Stocks Could Surge at Least 30% From Current Levels In a volatile market environment, with stocks getting buffeted about by a variety of conflicting forces, investors are looking to the expert commentators for some guidance. Covering the macro situation from banking giant JPMorgan, quant strategist Marko Kolanovic believes that we’re in for continued gains in stocks. Kolanovic doesn’t dismiss the recent dips in the S&P 500 and the NASDAQ; rather, he sees… Source link

(Bloomberg) — GameStop Corp. is ending the week lower than where it started, even after retail investors refused to let go of their commitment to the stock following an earnings-related selloff. Investors were quick to get over GameStop’s 12th consecutive quarter of slowing sales and management’s decision to not take questions on its earnings call on Tuesday, despite warnings from most Wall Street analysts. On Thursday, shares erased the earnings-led slump. More than $6.4 billion in… Source link

(Bloomberg) — Beijing’s clampdown on its most powerful internet firms is clouding the prospects for Tencent Holdings Ltd. and its $120 billion financial services operation just as it’s casting around for new sources of growth. China’s top watchdogs have stepped up oversight of the country’s most valuable company, scrutinizing everything from Tencent’s insights into the online behavior of a billion-plus people to an investment portfolio that spans hundreds of startups. Regulators… Source link

When choosing from the Cheesecake Factory menu of NCAA president Mark Emmert’s biggest failures over his decade-long tenure, there appears to be a clear low point. Emmert has bungled many things in his tenure, ranging from allowing politicians and judges to control the issue of athletes profiting off their likeness to the impotence of the rules enforcement department. There are plenty of other lowlights, including the equity issues that arose with the NCAA women’s basketball… Source link

TipRanks AI Is Booming: 2 ‘Strong Buy’ Stocks That Stand to Benefit The COVID pandemic may be receding, but it has left a mark on across multiple aspects of our lives. From mask mandates to travel restrictions, we chafe at some of the changes – but in the business world the use of artificial intelligence (AI) systems has dramatically expanded in the past year. This was probably inevitable – but AI brought advantages in coping with the pandemic for companies that could make use of it,… Source link

(Bloomberg) — Baidu Inc.’s stock offering in Hong Kong Tuesday marks an unlikely resurgence for founder Robin Li, who has fought his way back to relevance in China’s technology industry after squandering a near-monopoly in search. The internet giant raised $3.1 billion in the biggest homecoming by a U.S.-traded Chinese firm in the city since JD.com Inc. last June. Li’s firm has more than tripled its valuation from the trough last March, with about half the gains coming in the past… Source link

Google isn’t ready to give up on the traditional workplace just yet: The massive tech company has just announced plans to spend over $7 billion this year on offices and data centers across the U.S. “Coming together in person to collaborate and build community is core to Google’s culture, and it will continue to be an important part of our future,” CEO Sundar Pichai said in a recent blog post. “So we continue to make significant investments in our offices around the country.” The… Source link