Tag Archives: tech

Yahoo Japan and messaging app provider Line have officially merged, creating a new tech giant. The two entities integrated their operations on Monday under SoftBank’s subsidiary, Z Holdings, which operates Yahoo Japan. The merger has created a new group of about 23,000 employees. It handles various online services, including search, social networking, shopping and finance. Yahoo… Source link

Z Holdings Corp., operator of Yahoo Japan online services, and messaging app provider Line Corp. merged on Monday to expand their online services globally as they aim to better compete with U.S. and Chinese tech giants. With a combined user base of about 150 million in Japan, the merger of Z Holdings, a SoftBank Group Corp. subsidiary, and Line will make it one of the biggest information technology companies in the country. Kentaro Kawabe (L), president of Z Holdings… Source link

Bloomberg Inflation Angst Is About to Rewrite the Stock Market Playbook (Bloomberg) — For bond investors, inflation is pretty much all bad news, eating into the value of future returns. For equity traders, the tidings can be less categorically awful, given the ability of certain companies to wring profits from higher prices.While there will be plenty of stock-market casualties should price pressures perk up, history suggests the landscape isn’t devoid of opportunity. Energy shares have been… Source link

Today it might seem that Google’s power and success were inevitable — thanks to Larry Page and Sergey Brin cracking the search code — but the reality is quite different. Google was born in a state of war in the early 2000s, subject to the whims of Microsoft, a tech goliath whose Internet Explorer browser was on 90 percent of all computers at the time and essentially controlled most people’s access to Google’s search engine. And even though Google won that battle, it’s faced… Source link

(Bloomberg) — U.S. equity futures slid with European stocks on Tuesday as the jump in bond yields and commodity prices continued to hammer technology shares. Nasdaq futures slumped 1.7% a day after the tech-heavy gauge posted its longest losing streak in four months. Tesla Inc. dropped 5% in pre-market trading as investors continued to punish stocks that have led the rally from the depths of the pandemic a year ago. In Europe, tech shares dragged the Stoxx 600 Index lower. Budding inflation… Source link

Google’s main campus. Photo by Michelle Le Visitors to Google’s tech campus in Mountain View can walk right up to the front doors of the Googleplex, enjoying the views of the public courtyard outside one of the largest companies in the world. But that could change soon. In an effort to reduce security risks at all of the company’s sites, Google is looking to revamp its 1995 headquarters — along with a second North Bayshore office building currently under construction — and clamp down… Source link

TipRanks Billionaire Ray Dalio Places Bet on 3 “Strong Buy” Stocks When billionaire financier Ray Dalio makes a move, Wall Street pays attention. Dalio, who got his start working on the floor of the New York Stock Exchange trading commodity futures, founded the world’s largest hedge fund, Bridgewater Associates, in 1975. With the firm managing about $140 billion in global investments and Dalio’s own net worth coming at $17 billion, he has earned legendary status on Wall Street. Summing… Source link

Entrepreneur Marc Andreessen speaks onstage during TechCrunch Disrupt SF 2016 at Pier 48 on September 13, 2016 in San Francisco, California. (Steve Jennings/Getty Images for TechCrunch) Last week workers at a San Francisco-based company announced they were forming a union. “We are organizing because it is more important than ever that companies are equitable and supportive of their employees… [Our company] must support and protect its workforce and create the best environment possible in… Source link

TipRanks The Bottom Is in for These 2 Stocks? Analysts Say ‘Buy’ Today, we’re looking at two small-cap biotech firms whose stocks have struck a rut. Each company has hit a recent clinical setback that sent the share price falling, erasing previous gains and sending it back down to low levels. Setbacks of this sort are not uncommon in the biotech industry, and in fact highlight the risk and speculative nature of the industry. So what should investors do, when a stock collapses? Is this a… Source link

By April Joyner NEW YORK (Reuters) – The S&P 500 and the Nasdaq fell on Wednesday as concerns about inflation pressured stocks and investors rotated out of technology shares. The Dow Jones Industrial Average edged higher, however, aided in part by gains in shares of Verizon Communications Inc and Chevron Corp, which rose after Warren Buffett’s Berkshire Hathaway Inc disclosed major investments in the companies on Tuesday. Verizon shares climbed 5.0%, and Chevron shares advanced 2.7%. Technology… Source link