Tag Archives: tech

Apple (AAPL) CEO Tim Cook is flush with cash. The head of the world’s first company to reach a $3 trillion market cap took home a staggering $98.7 million in stock and cash in 2021. That’s a 571% increase in his compensation compared to 2020. Cook, of course, has seen Apple through a slew of firsts including hitting a market cap of $1 trillion in 2018. Oh, and he also oversaw the release of everything from new versions of the Apple Watch to the company’s expansion into streaming… Source link

Google is making a last-ditch effort to change the EU’s incoming laws on Big Tech with a flurry of advertising, emails and targeted social media posts aimed at politicians and officials in Brussels. As EU policymakers put the finishing touches to the Digital Markets Act (DMA), executives at Google’s headquarters in Silicon Valley are stepping up their efforts to water down parts of the legislation that they fear may have a severe impact on their business. “Top executives in… Source link

Tech and internet stocks came up for air on Monday afternoon amid a recent sell-off in high growth stocks. The declines came amid a rising 10-year treasury yield (^TNX).  Microsoft (MSFT) ended the session flat after being down earlier this morning. The stock is down more than 6% over the last five session.  Amazon ended .66% lower, recuperating much of the earlier morning losses. The stock had declined more than 3% on Monday, reaching intraday levels it hasn’t seen since May. Alphabet ( Source link

Dive Brief: Yahoo is partnering with e-commerce platform MikMak to offer add-to-cart functionality and analytics for advertising campaigns on its properties, including Yahoo Finance, TechCrunch and AOL, according to an announcement. CPG advertisers can now offer consumers a multi-retailer checkout experience directly from their ads on Yahoo, allowing website users to buy from their preferred source. The deal also gives brands access to MikMak Insights to assess… Source link

Adobe (ADBE) will be a major winner from the build out of the metaverse, says one widely followed Wall Street analyst. “Adobe is the best software play for the metaverse — its creative tools will enable the next generation of the internet,” said Jefferies tech analyst Brent Thill in a new research note Thursday.  Thill reiterated a Buy rating and $680 price target on Adobe. Shares of Adobe were relatively unchanged in pre-market trading Thursday. It closed down 7% at $514.43 on… Source link

Charlie Munger just doubled his bet on tech giant Alibaba to $71.5 million — try these 3 China plays instead to diversify your exposure Warren Buffett is famous for getting “greedy when others are fearful.” And his right-hand man Charlie Munger isn’t opposed to going against the herd, either. Best known as Berkshire Hathaway’s vice chairman and Buffett’s long-time business partner, Munger also serves as the chairman of Daily Journal, a newspaper publisher with a sizable stock portfolio of… Source link

U.S. stock futures kicked off the overnight session near the flat line Tuesday evening, following a drop in technology shares during the regular trading day.  Contracts on the S&P 500 were little changed. Nasdaq futures also drifted after the index dropped more than 1% during the regular trading day. Apple (AAPL) shares steadied following a decline earlier, which pulled the stock back after reaching a $3 trillion market capitalization for the first time ever at the start of the week.  In the… Source link

PORTLAND, Ore. (KTVZ) — This week, the Oregon FBI’s Tech Tuesday segment focuses on building a digital defense against Google Voice authentication scams. What is Google Voice? It’s a service – brought to you by Google, of course – that allows you to set up a new virtual phone number that can be used to make domestic and international calls or send and receive text messages. You don’t even have to have a Google Voice account to get scammed in this particular scheme…. Source link

A strong year of performance for chip stocks in 2021 amid major pandemic-driven shortages isn’t causing Goldman Sachs to back off key trades in the red-hot sector.  Analyst Toshiya Hari revealed Monday in a new research note eight names in the chip space that are top picks for the investment bank: Advanced Micro Devices, Marvell, Analog Devices, Teradyne, Impinj, Micron, ON Semiconductor and Qorvo. Hari warns, however, that stock selection in chips will take on greater importance this year… Source link