Tag Archives: Internet

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

Russia is a vast frontier of internet growth potential that Yandex has exploited. Yandex received an upgrade yesterday from Bank of America as a result. With strong returns, and financials, Yandex has a very bullish outlook Very rarely in today’s age will you come across an internet giant that is undervalued. A company that controls a sizable market share in a geography with great overall size and better growth potential that isn’t trading at huge multiples. Meet Yandex N.V. (NASDAQ: Source link

One of Russia’s most successful technology companies, Yandex, has launched an online grocery delivery service in Israel as part of its international expansion program. The service, which has expanded greatly in Russia since the beginning of the Covid-19 pandemic, will operate in Israel under a new brand, Deli, according to the company’s statement. Read more … Source link

Yandex has long been called the Google of Russia. However, it also wants to be Russia’s Uber, Amazon, Netflix and Wolt. Moscow As one on the autumn day of Moscow Darja Sonkinan began to make up the mind of watermelon. Very big, ripe and sweet watermelon. Usually he buys fruit from the hall and the market, but now he was tired and not amused anyway to go in the rain to drag the melon to the car and then to the third floor. So he ordered it from his doorstep online store JandeksLavka. . Source link

On Wednesday, Google (GOOG, GOOGL) CEO Sundar Pichai, Facebook (FB) CEO Mark Zuckerberg, and Twitter (TWTR) CEO Jack Dorsey testified before the Senate Commerce Committee on Section 230 of the Communications Decency Act, which gives websites that host user-generated content broad protection from legal liability for content posted on their sites. “From our perspective, Section 230 does two basic things. First, it encourages free expression, which is fundamentally important,” Zuckerberg… Source link

A former Google executive, who asked not to be identified because he was not permitted to talk about the deal, said the prospect of losing Apple’s traffic was “terrifying” to the company. The Justice Department, which is asking for a court injunction preventing Google from entering into deals like the one it made with Apple, argues that the arrangement has unfairly helped make Google, which handles 92 percent of the world’s internet searches, the center of consumers’ online lives.

When Tim Cook and Sundar Pichai, the chief executives of Apple and Google, were photographed eating dinner together in 2017 at an upscale Vietnamese restaurant called Tamarine, the picture set off a tabloid-worthy frenzy about the relationship between the two most powerful companies in Silicon Valley. As the two men sipped red wine at a window table inside the restaurant in Palo Alto, their companies were in tense negotiations to renew one of the most lucrative business deals in history: an… Source link