Tag Archives: giant

Disney (DIS) is set to report its fiscal third quarter earnings on Wednesday after the bell as the company works to provide more clarity on its direct-to-consumer strategy while also battling macroeconomic headwinds. Here’s what Wall Street expects, according to Bloomberg consensus estimates: Revenue: $21 billion expected Adj. earnings per share (EPS): $0.96 expected Disney+ subscriber net additions: 10 million expected Parks, experience and consumer products: $1.78 billion expected Although… Source link

Google has apologised for a software update issue that caused a major international outage on Tuesday. A spokesperson for the company said the team had “worked quickly” to address the fault and services were back running as normal. “We’re aware of a software update issue that occurred late this afternoon Pacific Time and briefly affected availability of Google search and Maps,” they said. “We apologise for the inconvenience. We worked to quickly address the issue and our services… Source link

Running for thousands of miles along the bottom of the sea, the cable’s landing had been delayed for months by rough conditions and Covid-19. But now here it was, a couple of inches wide and already covered in sand. A welcome party stood on the beach and posed for photos before the cable continued inland. Equiano had finally arrived. Equiano is the latest subsea internet cable financed by Google. Starting in Portugal and eventually ending in South Africa, with branches to Nigeria, Togo, the… Source link

Sundar Pichai, CEO of Google and parent company Alphabet, announced the news on Tuesday in an internal memo, noting “the uncertain global economic outlook.” Google confirmed the authenticity of the letter to CNN Business, but declined to comment further. “Moving forward, we need to be more entrepreneurial, working with greater urgency, sharper focus, and more hunger than we’ve shown on sunnier days,” Pichai said in the memo, according to The Wall Street Journal. “In some cases, that means… Source link

‘The biggest Ponzi scheme in history’: This CEO warns that the Fed’s strategy has created a giant bubble in housing. Here’s what he likes for protection The Fed is tasked with a dual mandate: to ensure price stability and aim for maximum employment. But according to Dan Morehead, CEO of crypto hedge fund giant Pantera Capital, there’s a third thing that the Fed has been doing — running a Ponzi scheme. In his latest Blockchain Letter, Morehead says that the Fed’s “manipulation of… Source link

Russian tech entrepreneur Tonia Samsonova in London on June 19, 2022. Samsonova resigned from Yandex in protest of the company’s refusal to run objective news stories about the Ukraine war. (Mary Turner/The New York Times) What a difference a war makes. Just a few months ago, Yandex stood out as a rare Russian business success story, having mushroomed from a small startup into a tech colossus that not only dominated search and ride-hailing across… Source link

Yandex, the Russian tech giant, is shutting down its Irish entity less… Source link

Jesse Powell is the founder and CEO of crypto exchange Kraken.Kraken Kraken’s CEO is offering four months’ pay for employees who don’t agree with his values to leave. The program is dubbed “Jet Ski,” and employees have until June 20 to take part, the New York Times reported. “We want it to feel like you are hopping on a jet ski and heading happily to your next adventure!” read a memo about the project. Kraken, one of the world’s largest cryptocurrency exchanges, will pay employees four months’… Source link

Chinese ride-hailing giant Didi Global will start trading on the over-the-counter market (OTC) on Monday, more than two weeks after its shareholders voted to delist the company from the New York Stock Exchange (NYSE) where it raised US$4.4 billion last year in a public listing that angered Beijing. That move was announced on Friday in the US by Chicago-based Options Clearing Corp, the world’s largest equity derivatives clearing house, which said the Chinese firm’s trading symbol will change… Source link

As Android enthusiasts, many of us have become accustomed to watching Apple announcements that bring in new products and features that look awfully similar to things Google did first—not to say Android hasn’t borrowed a few things too. But in recent years, there seems to be another thing Apple has borrowed from Google—is willingness to have fun. Think back about five years, when we all made a game of trying to guess the next dessert name for Android, and the unveiling of each new… Source link