Tag Archives: tech

(Bloomberg) — Donald Trump’s sagging fortune is suddenly poised to get a massive boost from meme-stock mania. Most Read from Bloomberg News late Wednesday that the former president’s nascent media enterprise, Trump Media & Technology Group, is planning to go public via a special purpose acquisition company has sent retail investors into a frenzy, even with few details released. The stock gain drove the implied value of the new venture to more than $8.2 billion. Based on figures from press… Source link

The complaint doesn’t detail what happened at the meeting, which the states said occurred on Aug. 6, 2019. But Apple spokesperson Fred Sainz said Friday that no representative from his company attended the meeting. A Microsoft spokesperson declined to comment on the meeting. Facebook did not immediately offer a comment when asked Friday. The documents — filed as part of an antitrust suit by Texas, 14 other states and Puerto Rico — are emerging at a time of rising frustration in… Source link

Russian tech giant Yandex is expanding its mobility footprint in Israel with the acquisition of shared e-scooter company Wind’s Israeli operations. The two are not sharing the terms of the deal, but Israeli financial newspaper Globes reported that it is estimated to have cost $40 million to $50 million. Wind is one of the top e-scooter sharing operators in Israel, alongside competitors like Lime, Leo and Bird. Yandex has already been operating its Yango mobility… Source link

Shiba Inu Shiba Inu fell by 2.02% on Saturday. Partially reversing an 18.89% breakout from Friday, Shiba Inu ended the day at $0.00002670. A mixed start to the day saw Shiba Inu rise to a mid-morning intraday high $0.00003020 before hitting reverse. While falling short of the first major resistance level at $0.00003100, Shiba Inu broke through the 23.6% FIB of $0.00002831. The reversal, however, saw Shiba Inu slide back through the 23.6% FIB to a late afternoon intraday low $0.00002443. Steering… Source link

Zscaler founder and CEO Jay Chaudhry tells Yahoo Finance Live he has been able to hire one-third of his company’s 3,153 workers during the super competitive environment for talent this past year.   How is he doing it at the nearly $40 billion market cap cloud security company? The power of the mighty stock option. “It’s higher compensation than it was a year ago. But what attracts employees at Zscaler is also equity. We have done well as a company. Our stock has done well. So employees they… Source link

Ireland said Thursday it would join an international agreement that sets taxes on profits for multinational corporations at a minimum rate of 15 percent. This is a major shift for the country that is the European headquarters for many large US pharmaceutical companies, as well as tech firms, including Google, Apple, and Facebook. An increase from Ireland’s current 12.5 percent to 15 percent may not seem that large by itself. The so-called Organization for Economic Cooperation and… Source link

[unable to retrieve full-text content]Yandex Could Be An Undervalued Tech Stock  Seeking Alpha Source link

Google app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration/File Photo BRUSSELS, Oct 7 (Reuters) – DuckDuckGo and three other search engine rivals to Google on Thursday urged EU lawmakers to take action against the Alphabet (GOOGL.O) unit via new tech rules, saying they have yet to see positive results from an antitrust ruling against Google. The European Commission in 2018 levied a record 4.24- billion-euro ($5 billion) fine on Google for… Source link

Facebook’s stock has hung in there amid the latest public controversy on how it operates.  But if you are a Facebook (FB) investor and are getting concerned Zuck & Co. can’t stay teflon forever in the eyes of market goers, there are other ways to play the generally healthy tech space.  “You play this by owning IAS [Integral Ad Science Holding]. They effectively do ad verification. So they ensure when an ad is shown it’s shown in the proper way. These ad insurance stories like IAS will… Source link

Autonomous vehicle company Aurora recently launched a partnership with FedEx (FDX) to test the use of self-driving trucks to ship goods between Dallas and Houston. The project features an operator in the truck to oversee the system in its initial stage, though Aurora plans to launch a driverless version of the experiment within the next two years.The trucks will travel a route measuring almost 500-miles to help FedEx deliver packages across the state of Texas. Aurora looks to help ease the… Source link