Tag Archives: dead

Facebook shares are likely to stay in the penalty box for some time in the wake of a lackluster fourth quarter and even worse 2022 outlook as Apple privacy changes and a surging TikTok take their collective toll on profits. “Shares are probably dead money at this level of growth for at least the next three months,” said top tech analyst Mark Mahaney of EvercoreISI on Yahoo Finance Live. Meta shares were rocked to the tune of 25% on Thursday’s session, and rightfully so most analysts… Source link

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, January 26, 2022 Nvidia’s (NVDA) $40 billion bid to buy chip designer Arm is effectively over. The deal, which would have blown apart the balance of power in the microprocessor industry, already attracted intense scrutiny from regulators both in the U.S. and abroad. Industry… Source link

GameStop’s (GME) reported plan to launch an NFT marketplace is “dead on arrival”, says one analyst.  “NFT’s are a real thing…the problem is GameStop,” Wedbush’s Michael Pachter told Yahoo Finance Live.  A Wall Street Journal report says the company hired more than 20 people to run the unit which will launch an NFT marketplace, a plan which the video game retailer has hinted at in the past. The report also states GameStop is working on creating partnerships with two crypto companies. “NFT’s… Source link

Graphics card giant Nvidia’s (NVDA) plans to buy Arm, which licenses chip designs, looks all but dead after the Federal Trade Commission sued to block the deal on Thursday. The move is just the latest blow to the $40 billion deal and would seem to strike the final blow to a deal that would have been one of the largest chip industry mergers in history. Nvidia’s stock, however, was up slightly on the news late Thursday, though it was down Friday along with the broader market. That could… Source link

Netflix (NFLX) recently announced it’s moving into the gaming sector with the hire of a 30-year gaming industry veteran, former EA (EA) and Oculus executive Mike Verdu. However, some experts believe that the move into the cutthroat gaming industry won’t pan out for the content platform. “This thing is dead on arrival. It will not work,” Michael Pachter, senior analyst at Wedbush, told Yahoo Finance Live. “Have me back and we’ll talk about Mike Verdu’s departure and the exit of Netflix… Source link

Enlarge / The now-defunct news aggregator was an excellent source of boldface, italics, underline, and wildly mismatched typefaces. In August of 2019, Rupert Murdoch’s News Corp announced that it was developing Knwez, its own “conservative friendly” alternative to Google News. Knewz went live without much fanfare in January of 2020, and officially died today, less than eighteen months later. What was Knewz? Knewz described itself as “an… Source link

A section of Champlain Towers South, a Miami Beach condominium just one block from where Jared Kushner and Ivanka Trump are leasing a home, crumbled in the wee hours of Thursday morning. Screengrab/Google Street View; Screengrab/Alex Hernandez via Twitter A person died with 8 more injured in a Florida building collapse early Thursday, local media said. A video posted on Twitter showed damage to Champlain Towers on 8777 Collins Avenue, Surfside. The building is one block from Ivanka Trump and… Source link

BARCELONA, June 23 (Reuters) – Antivirus creator John McAfee, 75, was found dead in his prison cell in Barcelona after the Spanish high court had authorised his extradition to the U.S., the Catalan justice department said, confirming an earlier report from El Mundo newspaper.    Everything points it could be a death by suicide, the department said in a statement.    The high court had agreed to extradite him back to the U.S. where he faces tax evasion charges. (Reporting by Inti Landauro… Source link

Parul Khakhar describes herself as a ‘homemaker first – and a poet, second’ One morning in early May, a poetess living in a nondescript town in India’s western state of Gujarat finished her chores and picked up the newspapers. India was in the throes of a deadly second wave of the coronavirus. Disturbing pictures of India’s holiest river, the Ganges, swollen with bodies of people feared to have died of Covid-19 filled the front pages. There were reports of overflowing cremation grounds, and of… Source link

The Daily Beast This Belarusian Currency Trader Is Buying Up Tiny Vermont Photo Illustration by The Daily Beast/GettyA Belarusian currency speculator named Pavel Boguslavovich Belogour is buying up huge swaths of tiny Vermont—thousands of acres of the Green Mountain State, and even patches of land over the border in Massachusetts and New Hampshire.At first, Belogour, who goes by “Paul,” was received as something of a novelty. An idiosyncratic character with long hair and scant online… Source link