Tag Archives: tech

Facebook shares are likely to stay in the penalty box for some time in the wake of a lackluster fourth quarter and even worse 2022 outlook as Apple privacy changes and a surging TikTok take their collective toll on profits. “Shares are probably dead money at this level of growth for at least the next three months,” said top tech analyst Mark Mahaney of EvercoreISI on Yahoo Finance Live. Meta shares were rocked to the tune of 25% on Thursday’s session, and rightfully so most analysts… Source link

Yahoo has promoted Elizabeth Herbst-Brady to lead its Global Revenue and Client Solutions and as part of that team, Josh Partridge has risen to the position of head of EMEA where he will be responsible for driving growth for the media company across each market. Source link

Text size It’s another big week for tech stocks, with results coming from Google, Amazon, Meta, and others. Denis Charlet/AFP via Getty Images … Source link

Stretched valuations, coupled with the threat of rising interest rates, have landed technology stocks into trouble to start the new year. And although Microsoft (MSFT) on Tuesday bucked a trend of lackluster fourth quarter results, DataTrek Research thinks a couple of factors are sending the popular sector into a downward spiral, which aren’t likely to be offset by encouraging earnings. That could spell bad news for Meta (FB), Google (GOOG), Tesla (TSLA) and Apple (AAPL): the last two report… Source link

Amazon is among the big tech stocks losing ground so far this year. (Source: AP) Stock market-listed technology companies the world over have seen their share prices plummet in the first few weeks of 2022, as concerns over rising inflation scare off investors. The NASDAQ 100 Technology index, which includes gigantic names like Apple, Microsoft and Google’s owner Alphabet, shed 12 per cent of its value in the first 21 days of 2022. The unusually sluggish start to the year for technology stocks… Source link

The logo for Google LLC is seen at their office in Manhattan, New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly WASHINGTON, Jan 20 (Reuters) – Alphabet Inc’s (GOOGL.O) Google reported 27% higher U.S. lobbying expenditures for 2021 compared to 2020, spending $9.6 million for the year, according to the Senate lobbying disclosure database. That’s far below the more than $20 million it spent in 2018 but more than the $7.53 million that went to lobbying in 2020. Google spent… Source link

Yandex, the Russian technology giant, has eyes on Ireland. … Source link

Fox News host and right-wing commentator Dan Bongino won’t be able to upload anything to his YouTube channel for a week, according to Forbes and The Hill. The website has temporarily suspended his account over COVID-19 misinformation, specifically for saying masks are useless in preventing the coronavirus’ spread. YouTube updated its rules in 2020 to prohibit “content about COVID-19 that poses a serious risk of egregious harm.” It doesn’t permit videos with medical misinformation that… Source link

Stock futures rose Thursday evening to steady after a tech-driven selloff during the regular trading day. Contracts on the Nasdaq gained after the Nasdaq Composite sank by 2.5% during the earlier session.  Investors this week have been weighing concerning signs of lingering price pressures across the U.S. economy against assertions from key central bank officials that the Federal Reserve is ready to take action to bring down inflation.  In Fed Governor Lael Brainard’s hearing before the… Source link

Adam Mossoff is a patent law expert at George Mason University who has testified before Congress on the STRONGER Patent Act and a senior fellow at the Hudson Institute. The U.S. International Trade Commission ruled on January 6 that Google infringed Sonos’ patented innovations in wireless speaker technology. This may sound like an obscure legal ruling about a complicated fight over intellectual property. But it confirms a problem that threatens America’s innovation… Source link