Tag Archives: company

Zoom Video Communications (ZM) broke a 7-year winning streak in 2021. Before Zoom, every business Yahoo Finance selected for Company of the Year delivered a positive stock return during the following 12 months. All but once, those stocks outperformed the S&P 500. Zoom shares, however, have fallen 46% so far this year, the first losing performance since Disney was our debut Company of the Year in 2013. We’re not apologizing—and we doubt Zoom investors are complaining, either. Zoom was our Source link

Microsoft (MSFT) has had a stunning year. After nearly 50 years in business, the tech giant crashed through the $2 trillion market capitalization mark in June, joining an exclusive club that includes Apple and, for a brief moment, Google parent Alphabet. As of Dec. 6, Microsoft was worth a staggering $2.4 trillion. Over the last 52 weeks, Microsoft’s stock price has skyrocketed 45%, easily outpacing the broader S&P 500, which rose 21%, not to mention rivals Apple (AAPL) and Amazon (AMZN),… Source link

American multinational technology company Google logo seen at Googleplex, the corporate headquarters complex of Google and its parent company Alphabet Inc. Alex Tai | SOPA Images | LightRocket | Getty Images While judges review subpoenas in an almost year-long case that pits Google against its workers, former company employees are doing their part to highlight the intensifying tension between the two sides. Three ex-Google employees filed a lawsuit this week, accusing their former employer of… Source link

Google employees fill Harry Bridges Plaza in front of the Ferry Building during a walkout Thursday, Nov. 1, 2018, in San Francisco. Eric Risberg/AP hide caption toggle caption … Source link

Three former Google employees have sued the company, alleging that Google’s motto “Don’t be evil” amounts to a contractual obligation that the tech giant has violated. At the time the company hired the three software engineers, Rebecca Rivers, Sophie Waldman and Paul Duke, they signed conduct rules that included a “Don’t be evil” provision, according to the suit. The trio say they thought they were behaving in accordance with that principle when… Source link

Google employees staged walkout in 2018. (Photo by Mason Trinca/Getty Images) Getty Images Three former Google engineers — Rebecca Rivers, Sophie Waldman and Paul Duke — are suing the search giant for slander, breach of contract and termination in violation of public policy. The lawsuit, filed on Monday in Santa Clara County, comes two years after they were fired. Rivers, Waldman and Duke were terminated in November 2019 after months of publicly protesting Google… Source link

Written by Billy Mitchell Nov 12, 2021 | FEDSCOOP Google Cloud CEO Thomas Kurian on Thursday confirmed recent reports that his company wants a piece of the Department of Defense’s forthcoming multi-cloud procurement, the Joint Warfighter Cloud Capability. Kurian wrote in a blog post that if Google Cloud is invited by the Department of Defense (DOD) to bid on the Joint Warfighter Cloud Capability (JWCC),… Source link

Alphabet, Google’s parent company, briefly hit a market cap of $2 trillion. The tech behemoth’s market cap is currently at a comfortable $1.98 trillion, but crept over the $2 trillion mark midday Monday, later closing out at $2,987.03 per share. Alphabet’s market cap has just about doubled from $1 trillion since January 2020. In the third quarter of 2021, Alphabet had a record quarter, earning a hefty $65.1 billion. The company reported that its revenue soared by 41 percent, while… Source link

Google’s parent company, Alphabet, is launching an operation dedicated to drug discovery. The new company, called Isomorphic Labs, will build on recent research from DeepMind, a London-based artificial intelligence lab also owned and operated by Alphabet. Demis Hassabis, the co-founder and chief executive of DeepMind, will also serve as chief executive of Isomorphic Labs as it maps out its technical strategy and hires its first employees. Isomorphic and DeepMind announced the creation of the… Source link

WATCH 1:44 | Nov 02, 2021, 11:32am EDT Yahoo is the second U.S. tech giant in weeks to pull out of China, symbolically ending its services in the world’s second-biggest economy after years of winding down because of an “increasingly challenging business and legal environment.” Source link