Tag Archives: tech

Stocks rise, tech shares rebound as earnings roll in

Stocks rise, tech shares rebound as earnings roll in

U.S. stocks advanced Thursday as investors continued to monitor a steady stream of corporate earnings results against a backdrop of elevated inflation and further Fed policy tightening. The S&P 500 rose by about 0.9% just after the opening bell. The Dow Jones Industrial Average also gained. The Nasdaq outperformed, rising by more than 1% to reverse some of Wednesday’s losses, when the tech-heavy index was weighed down by a slide in shares of Netflix. Meanwhile, Tesla (TLSA) shares jumped more… Source link

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Trade and Tech Council 2.0 — Google vs. Yandex — Crypto warning – POLITICO

Trade and Tech Council 2.0 — Google vs. Yandex — Crypto warning – POLITICO

Press play to listen to this article POLITICO’s weekly transatlantic tech newsletter for global technology elites and political influencers. By MARK SCOTT Send tips here | Subscribe for free | View in your browser WELCOME BACK, this is Digital Bridge. I’m Mark Scott, POLITICO’s chief technology correspondent, and I’ll be interviewing the European Commission’s Werner Stengg and the White House’s Peter Harrell later today about… Source link

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Ukrainian tech executives make appeal amid fears of brain drain

Ukrainian tech executives make appeal amid fears of brain drain

Ukraine’s IT sector boasted some of the highest salaries in the country, long before Russia invaded, with roughly 200-thousand workers providing critical services to tech giants and other major industries around the world. As the country enters its seventh week of the war, some of its top tech executives are making direct appeals to those same international firms to stick with them, even as fears of a brain drain consume the domestic market. “We are showing [the world] that we can continue… Source link

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Stock futures open slightly higher after tech sell-off

U.S. stock futures traded slightly higher Tuesday evening as investors digested hawkish remarks from key monetary policymakers. These suggested that more members of the Federal Reserve were open to moving aggressively to raise interest rates and bring down demand and persistently elevated levels of inflation. Contracts on the S&P 500 edged up. The blue-chip index ended Tuesday’s session lower by 1.3%. The Nasdaq Composite dropped 2.3% its biggest decline in a month as technology stocks gave… Source link

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Digital Markets Act Proposed to Tame Big Tech; Yandex Spark Concerns over Data sent to Russia

In this weekly segment, ExchangeWire sums up key industry updates in media, marketing, and commerce from around the globe. In this edition: European lawmakers propose the Digital Markets Act to tackle antitrust behaviour in Big Tech; Russia’s search engine, Yandex, has sparked security concerns over harvesting users’ data; US representatives propose a new bill to create a digital dollar; and, Meta have hired digital consulting firm Targeted Victory to “orchestrate a nationwide campaign”… Source link

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Russian tech giant’s data harvesting raises security concerns

Russia’s biggest internet company has embedded code into apps found on mobile devices that allows information about millions of users to be sent to servers located in its home country. The revelation relates to software created by Yandex that permits developers to create apps for devices running Apple’s iOS and Google’s Android, systems that run the vast majority of the world’s smartphones. Yandex collects user data harvested from mobiles, before sending the information to… Source link

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Russian Tech Giant Yandex’s Boardroom Is Fractured by Ukraine War

The 10 people who convened in Moscow in mid-February came from multiple countries and professions but they had one thing in common: They were all directors on the board of Yandex, Russia’s largest internet company. Russia had not yet invaded Ukraine, and though much of the world was on edge, people in Moscow and on the board of Yandex were incredulous that war was coming. Yandex’s board meeting in the Russian capital, the first in-person meeting in two years,… Source link

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Nvidia is the most important tech company on planet: analyst

Step aside Apple and Google, Nvidia may be the new king of tech, one analyst contends. “Nvidia may be the most technology company today,” said Evercore ISI analyst C.J. Muse in a new note on Monday. The analyst reiterated an Outperform rating on Nvidia with a $375 price target. Shares of Nvidia rose slightly in afternoon trading Monday to $277. Muse’s upbeat take on Nvidia comes hot on the heels of the company’s closely watched analyst day, where it held nearly 1,000 sessions that included more… Source link

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