Tag Archives: Investment

BOISE, Idaho — A group of conservative Idaho lawmakers is asking managers of the state’s employee retirement system to divest in tech companies they say don’t value free speech.  The 22 Republican lawmakers and Republican Lt. Gov. Janice McGeachin in a letter sent Monday say that $650,000 should be removed from Twitter, Amazon, Google, Apple and Facebook. Those companies have either banned former… Source link

TipRanks 3 “Strong Buy” Stocks with Over 9% Dividend Yield Markets ended 2020 on a high note, and have started 2021 on a bullish trajectory. All three major indexes have recently surged to all-time highs as investors seemingly looked beyond the pandemic and hoped for signs of a rapid recovery. Veteran strategist Edward Yardeni sees the economic recovery bringing its own slowdown with it. As the COVID vaccination program allows for further economic opening, with more people getting back to… Source link

Indian startup Glance, which serves news, media content, and games on the lock screen of over 100 million smartphones, has a new investor: Google. The two-year-old Glance, which is part of advertising giant InMobi Group, said on Tuesday that it has raised $145 million in a new financing round from Google and existing investor Mithril Partners. The new round values Glance at over $1 billion, a person familiar with the matter said, making the startup a… Source link

GlobeNewswire The Best Women’s Fashion And Workout Leggings: Ryderwear Brings Christmas Home Early With Their Holiday Sale Australia-based sportswear brand, Ryderwear, offers amazing price slash on their range of workout clothes and gym leggings in celebration of Christmas, Boxing Day, and New Year. Highwaisted women’s legging Australia-based sportswear brand, Ryderwear, offers amazing price slash on their range of workout clothes and gym leggings in celebration of Christmas, Boxing Day, and… Source link

2020 has been a bumper year for the Australian and New Zealand arm of Verizon Media and its Yahoo platforms. The company has reported 22% y-o-y business growth for 2020 and an 11% increase in monthly active users across editorial brands: Yahoo, TechCrunch and HuffPost/BuzzFeed. It has also seen triple digit growth in its digital offerings according to director of platforms ANZ, John McNerney, and a significant increase in the use of out of home digital. “Verizon has invested a lot in the… Source link

TipRanks Wells Fargo: 3 Stocks to Snap up Now Wall Street hit some rough waters last week. With the Presidential elections only two days away, spiking COVID-19 numbers and hopes for a pre-election stimulus package dwindling, stocks posted their worst week since the height of the pandemic in March. All three of the major U.S. stock indexes also reported a second consecutive monthly decline. According to the pros on Wall Street, uncertainty is ruling the markets. That said, some strategists… Source link

Google (GOOGL) will pump $4.5 billion into Mukesh Ambani’s Jio Platforms, the digital technology arm of sprawling conglomerate Reliance Industries. That gives Google a 7.7% stake in the company, the companies announced Wednesday. The investment includes a deal to jointly develop an entry level, affordable smartphone and “expand the benefits of digitization across the length and breadth of India,” they said. The deal values Jio at about $58 billion. Jio Platforms includes India’s biggest mobile… Source link

Roman Abramovich is taking a stake in Russia’s largest internet company, Yandex NV, giving it more firepower to buy out ecommerce partner Sberbank PJSC and accelerate a push into online retail. The billionaire owner of Chelsea Football Club and two partners — VTB Bank PJSC and a company owned by steel billionaires Alexander Abramov and Alexander Frolov — bought… Source link