Tag Archives: company

Marijuana company Green Thumb Industries stock tanks 14% on report of federal probe

Shares of Chicago-based cannabis giant Green Thumb Industries (GTBIF) tanked 13% Tuesday after a Chicago Tribune report claimed the company was part of a federal probe into pay-for-play allegations regarding its operations. The report details an ongoing investigation, which Yahoo Finance was unable to verify, that unnamed sources say scrutinizes political donations and other steps the company allegedly took to win growing and distribution licenses in Illinois and other states. A Green Thumb… Source link

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Google payments chief quits after 15 years at company

FILE PHOTO: Caesar Sengupta, Google’s General Manager of Payments and Vice President leading the Next Billion Users (NBU) initiative, poses for a picture after an interview with Reuters in New Delhi, India, August 28, 2018. REUTERS/Adnan Abidi (Reuters) – Senior Google executive Caesar Sengupta, head of the tech giant’s payment initiatives, said on Monday he was leaving the company next month, after 15 years. “I remain very positive about Google’s future but it’s time for me to see if… Source link

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Gaming company Roblox surges 54% in debut on NYSE

By Joshua Franklin and Niket Nishant (Reuters) – Shares of U.S. gaming company Roblox Corp closed up 54.4% in its New York Stock Exchange trading debut on Wednesday, valuing the company at $45.2 billion. San Mateo, California-based Roblox is among the world’s most popular gaming sites for children and offers a host of games across mobile devices and gaming consoles. The company’s stock opened at $64.5 and ended trading at $69.47, up from the reference price of $45 per share set on Tuesday and… Source link

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Gaming company Roblox surges 54% in debut on NYSE

By Joshua Franklin and Niket Nishant (Reuters) – Shares of U.S. gaming company Roblox Corp closed up 54.4% in its New York Stock Exchange trading debut on Wednesday, valuing the company at $45.2 billion. San Mateo, California-based Roblox is among the world’s most popular gaming sites for children and offers a host of games across mobile devices and gaming consoles. The company’s stock opened at $64.5 and ended trading at $69.47, up from the reference price of $45 per share set on Tuesday and… Source link

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Tesla Former Board Member Says Elon Musk Company Won’t Remain ‘King Of The Hill In Electric Forever’

The Conversation Why using reconciliation to pass Biden’s COVID-19 stimulus bill violates the original purpose of the process Speaker of the House Nancy Pelosi and other top Democrats meet with reporters before the House voted to pass a $1.9 trillion pandemic relief package on Feb. 26, 2021. AP Photo/J. Scott ApplewhiteReconciliation – it’s a term federal budget experts would understand, but for the rest of us, it sounds like what you do with a family member you haven’t talked to in… Source link

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When You Buy A Stock, Here’s How Much Cash The Company Actually Receives

TipRanks Billionaire Steven Cohen Picks Up These 3 “Strong Buy” Stocks Last week, the NASDAQ slipped below 13,200, making the net loss from its all-time peak, reached earlier this month, 6.4%. If this trend keeps up, the index will slip into correction territory, a loss of 10% from its peak. So what exactly is going on? At bottom, it’s mixed signals. The COVID-19 pandemic is starting to fade and the economy is starting to reopen – strong positives that should boost markets. But an… Source link

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Apple buys a company every three to four weeks

Apple chief executive Tim Cook Apple has acquired about 100 companies over the last six years, the company’s chief executive Tim Cook has revealed. That works out at a company every three to four weeks, he told Apple’s annual meeting of shareholders on Tuesday. Apple recently delivered its largest quarter by revenue of all time, bringing in $111.4bn (£78.7bn) in the first-quarter of its fiscal year 2021. Mr Cook told the shareholders meeting that the acquisitions are mostly aimed at… Source link

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A second Google A.I. researcher says the company fired her.

Two months after the jarring departure of a well-known artificial intelligence researcher at Google, a second A.I. researcher at the company said she was fired after criticizing the way it has treated employees who were working on ways to address bias and toxicity in its artificial intelligence systems. Margaret Mitchell, known as Meg, who was one of the leaders of Google’s Ethical A.I. team, sent a tweet on Friday afternoon saying merely: “I’m fired.” Google confirmed that her… Source link

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“Don’t be evil” isn’t a normal company value. But Google isn’t a normal company.

Silicon Valley is full of lofty ideals. But few are as lofty as Google’s most famous motto: “Don’t be evil.” If you know anything about Google’s culture, you’ve probably heard those three words. They’re catchy. Quotable. Even mockable. “Don’t be evil” was at the top of the company’s code of conduct for over a decade, seeing the company through its exponential rise from scrappy startup to tech giant. The ideal is legendary. And its origin story is particularly… Source link

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Major Australian media company strikes Google news pay deal | World

“If it goes through as is, it will be very beneficial for Australian media,” Barnet said of the code. “Google will be lobbying very hard in the background … to confine it to News Showcase,” she added. Seven West Media said it will release more details about the deal after those details are finalized within 30 days. Before the announcement, Treasurer Josh Frydenberg had said Google and Facebook were close to striking commercial deals, “which could be of real benefit to the domestic… Source link

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