Tag Archives: Internet

In preparation for its launch as an internet provider in West Des Moines, Google Fiber has secured a new office and retail space in Valley Junction.  Google Fiber will occupy the ground floor of the nearly complete Junction House mixed-use building at 329 Fifth St. in the historic business district, according to leasing agent R&R Realty Group. Google expects to open in October.  West Des Moines is investing nearly $40 million in a partnership with Google Fiber to bring to the city the… Source link

MOSCOW, February 24. /TASS/. Russian IT giant Yandex once again maintaned the leading position in the rating of the most expensive companies in the Russian segment of the Internet, published by Forbes. According to the report, the value of the company reached $22.98 bln. Yandex has been maintaining the title of the most expensive player in the Russian Internet segment for the third year in a row – in 2020 the company was worth $14.6 bln, and in 2021 it has risen in price more than… Source link

Maryland’s first-in-the-nation law taxing digital advertising by Big Tech companies like Facebook and Google is being challenged in federal court as “a punitive assault” on digital advertising and should be struck down, according to a federal lawsuit filed Thursday by leading trade associations. The lawsuit, filed in U.S. District Court in Baltimore, contends the law “is illegal in myriad ways.” It alleges the law violates the federal Internet Tax Freedom Act, which prohibits… Source link

Benzinga What Keystone Pipeline Cancellation Means For Crude-by-rail President Joe Biden’s revocation of the March 2019 permit enabling the construction of the Keystone XL pipeline will likely result in more crude-by-rail volumes, according to industry observers. But how much volumes will increase could largely depend on the price that heavy crude oil can fetch in the global market. “The cancellation of the Keystone pipeline project was inevitable once the government changed. Despite its… Source link

SYDNEY — A showdown between the Australian government and Google is approaching a conclusion, with the outcome likely to have effects across the globe. In December, the government became the first in the world to introduce legislation that would force tech giants to pay local news outlets for featuring and linking to their stories. Google balked, warning that the proposed news media bargaining code would “break a fundamental principle of how the web works” and threatened to pull its… Source link

Internet users across the northeast U.S. reported widespread outages Tuesday. In an emailed statement 90 minutes after the outage was first reported, Verizon said it was working on the problem hurting Fios service “throughout the Northeast corridor” and that some service had already been restored. The telecom giant had reported a cut fiber in Brooklyn via Twitter, although it’s not clear if that issue was responsible for the outage. Verizon didn’t give any estimate in… Source link

Benzinga Apple Expected To Join The $100 Billion Revenue Club When Earnings Are Released Did someone say $100 billion? And then some? Wall Street analysts did. A consensus sees Apple Inc (NASDAQ: AAPL) as joining that rarefied corporate crowd that’s broken the $100 billion in quarterly revenues mark when it opens the books Wednesday on its fiscal Q1. That’s a record for AAPL, of course, and may have been assisted by holiday sales of its new iPhone 12. But it’s one in a series of fresh… Source link

Google threatens to withdraw search engine from Australia Source link

(Bloomberg) — Alibaba Group Holding Ltd. led a selloff in Chinese tech giants triggered by fears antitrust scrutiny will spread beyond Jack Ma’s Internet empire and ensnare more of the country’s most powerful corporations. China’s e-commerce leader on Monday raised a proposed stock repurchase program by $4 billion to $10 billion, effective for two years through the end of 2022. The buyback program, which began this quarter, failed to stem a slump in the shares, which slid more than 5%… Source link

TipRanks Goldman Sachs Says These 3 Stocks Could Surge Over 30% From Current Levels After a true annus horribilus, we’re all ready for better times. The US equity strategy team at Goldman Sachs, led by David Kostin, sees those better time ahead, and in the near-term. The team is predicting a 25% gain for the S&P 500 within the next 24 months – or to put it in absolute numbers, they believe the index will hit 4,600 by December 2022. Kostin lays out four clear reasons for believing that… Source link