Tag Archives: Challenges

IBM (IBM) is already trying to get investors excited about 2022 despite only being 22 days into 2021. And that’s not exactly great news to investors in the here and now, many who have bought early into the turnaround story pitched by new IBM CEO Arvind Krishna. Shares of Big Blue tanked more than 8% in early Friday trading following a lackluster fourth quarter on most fronts. Despite company executives trying to suggest better times are ahead in 2022 (the year was mentioned by executives 10… Source link

Following the election of President Trump in 2016, a growing number of software engineers and product developers began to question Silicon Valley contracts with the U.S. military and police departments. They formed into activist groups like the Tech Workers Coalition and publicly challenged management decisions. The Google walkout in 2018 was the most dramatic public showing of this growing discontent. Last year, a group of about 80 subcontracted white-collar workers at a Google office… Source link

NEW YORK (WCBS 880) — New Jersey, New York and Connecticut are among more than 30 states suing Google, saying the company is too dominant in the search engine industry. In a statement, New Jersey Attorney General Gurbir Grewal said the suit “sends the message that no company is too powerful to avoid real accountability.” The states say that Google is not giving enough of a choice when searching online and that they’re paying in some cases to make… Source link

(Bloomberg) — It may take a bit of innovation to get Tesla Inc. shares into the world’s most-influential stock index. At almost $390 billion in value and growing, Elon Musk’s company would be the biggest ever added to the benchmark. Pushing it all in at once would force index-tracking funds into serious contortions — they’d need to sell upwards of $40 billion of stock in other constituents to make room. As a result, the index’s overseer, S&P Dow Jones Indices, is considering doing… Source link

A visitor walks past a logo displayed in the reception area at the headquarters of Yandex NV in Moscow. Photographer: Alexander Zemlianichenko Jr./Bloomberg Photographer: Alexander Zemlianichenko Jr./Bloomberg Months after… Source link