Tag Archives: company

Vertical Aerospace, a British electric aircraft manufacturer, announced last Thursday that it intends to go public via a $2.2 billion SPAC deal with Broadstone Acquisition. SPAC mergers, once the hottest method for private companies to go public, have seen a slump in their performances recently. Both pre-merger and post-merger SPACs have fallen in market cap within the last few months. Yet Vertical Aerospace viewed the process as an opportunity now that the frenzy surrounding blank-check… Source link

GameStop (GME) reported fiscal first-quarter results that reflected improved sales and narrowing losses, even as many investors continue to fixate on the company’s “meme stock” clout over business performance. The company also announced two Amazon veterans would be joining the company as chief executive officer and chief financial officer. Shares traded 5% lower during the after hours session before paring some losses. Here were the main results from GameStop’s report compared to consensus… Source link

Democratic senators led by Cory Booker of New Jersey say they worry about how Google’s products and policies may perpetuate bias. Anna Moneymaker/Getty Images hide caption toggle caption Anna Moneymaker/Getty Images … Source link

Democratic senators, led by Cory Booker of New Jersey, say they worry about how Google’s products and policies may perpetuate bias. Anna Moneymaker/Getty Images hide caption toggle caption Anna Moneymaker/Getty Images … Source link

TipRanks 2 Big Dividend Stocks Yielding 7%; Analysts Say ‘Buy’ Let’s talk about defending your portfolio. It’s a common impulse for most investors, when the economy starts to turn sour. We’re in a growth phase now, with economic activity rebounding strongly from the corona-crisis shutdowns, and with reopening getting into full stride, economists are predicting up to 8% GDP expansion this year. But there are clouds on the horizon. Inflation is rising, and the April jobs report was,… Source link

The Alphabet Workers Union launched a campaign Tuesday to push Google to allow employees to use their chosen names on ID badges. The move comes after Phares Lee, a transgender man who works at a Google data center in South Carolina and is employed by security subcontracting firm G4S, asked to have his deadname removed from his badge and was denied. Lee came out as transgender during his initial interview with G4S. “I was assured [Google] was inclusive, yet when I asked about a badge in… Source link

Yandex has partnered with Amer’s Deli to deliver food with the Rovers, six-wheeled delivery bots that weigh about 150 pounds and are large enough to carry the equivalent of five large pizzas. By fall, the company anticipates adding more restaurants to its delivery offerings here. Ramping up those operations this spring is not as arduous as starting from scratch, Vorobev says, in part because Yandex already has self-driving test vehicles on Ann Arbor roads. The company deployed seven of its… Source link

Coinbase (COIN), the largest cryptocurrency exchange in the U.S., missed analysts’ expectations on the top and bottom line in its Q1 2021 earnings report, its first ever as a public company. Coinbase employee Daniel Huynh holds a celebratory bottle of champagne as he photographs outside the Nasdaq MarketSite, in New York’s Times Square, April 14, 2021. (AP Photo/Richard Drew) The company’s stock was down more than 3% following the announcement. “Our strong Q1 2021 results reflect the strength… Source link

Arlington-based AES Corp. has signed an agreement to supply electricity to power Google’s data centers in Virginia with carbon-free energy. Arlington, Virginia-based AES Corp. has signed an agreement to supply electricity to power Google’s data centers in Virginia with carbon-free energy. Financial terms of the 10-year supply contract weren’t disclosed, but AES said it will require about $600 million of investment and generate 1,200 jobs, both permanent and… Source link

A report from The Information confirmed that John Justice, Google Stadia’s Vice President and Head of Product, has left Google. 9to5Google received confirmation of Justice’s departure through a statement from Google. We can confirm John is no longer with Google and we wish him well on his next step. John Justice oversaw the consumer experience for Stadia and has previously talked about the future of Google Stadia. Following intense competition from Microsoft and Sony with the… Source link