Tag Archives: Giants

Tech Giants Drag Down US Stocks After Torrid Rally: Markets Wrap

Tech Giants Drag Down US Stocks After Torrid Rally: Markets Wrap

(Bloomberg) — Stocks came under pressure as a trio of tech heavyweights fell, with traders wading through mixed economic data in the run-up to Jerome Powell’s testimony to Congress. Most Read from Bloomberg Equities lost traction after a rally that has spurred concern about sky-high valuations — especially in megacaps, leaving the group vulnerable to big moves in the face of bad news. Apple Inc.’s iPhone woes in China deepened while Advanced Micro Devices Inc. hit a US roadblock in… Source link

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Reports: Giants, 3B Matt Chapman agree to 3-year, $54 million deal

Reports: Giants, 3B Matt Chapman agree to 3-year, $54 million deal

Matt Chapman is headed to the Giants on a three-year deal. (Daniel Shirey/MLB Photos via Getty Images) Matt Chapman’s long, strange trip through free agency has finally come to an end. The third baseman reportedly agreed Friday on a three-year, $54 million deal with the Giants, according to multiple reports. The deal reportedly includes opt-outs after both the first and second years. According to ESPN’s Jeff Passan, Chapman will earn $20 million this season. He will then earn $18 million in… Source link

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Amazon, Microsoft and Google are opening Saudi Arabia HQ’s as kingdom tries to stop tech giants from working out of Dubai

Amazon, Microsoft and Google are opening Saudi Arabia HQ’s as kingdom tries to stop tech giants from working out of Dubai

Amazon, Microsoft are boosting Saudi offices amid state pressure SEBASTIEN BOZON / AFP) (Photo by SEBASTIEN BOZON/AFP via Getty Images Global technology giants including Amazon.com Inc., Alphabet Inc.’s Google and Microsoft Corp. are among firms working to ramp up their presence in Saudi Arabia amid pressure from the government, which has said it will stop giving contracts to companies without regional headquarters in the country. The three US firms… Source link

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An engineer laid off after over 16 years at Google said ‘faceless’ tech giants see staff as ‘100% disposable’

An engineer laid off after over 16 years at Google said ‘faceless’ tech giants see staff as ‘100% disposable’

A Google engineer laid off after 16 years said the tech giant sees staff as “100% disposable.”Beata Zawrzel/NurPhoto via Getty Images An engineering manager laid off by Google said the tech giant sees staff as “100% disposable.” Justin Moore said on LinkedIn that he was laid off through an automatic account deactivation. Moore was one of 12,000 people affected by the company’s mass layoff last week. A Google engineer laid off after over 16 and a half years at the firm said the tech giant views… Source link

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