Tag Archives: Today

Dale Smith/CNET Smart home tech from Google is all about fading into… Source link

Dale Smith/CNET Smart home tech from Google is all… Source link

Alibaba Group Holding Ltd (NYSE: BABA) is trading lower Friday amid continued Evergrande default concerns. Evergrande had an $83 million interest payment due Thursday for a bond that’s set to mature in March 2022. The company has not said whether or not it intends to make the payment. As of Friday morning, Evergrande had not made any announcement or filing to the Hong Kong exchange. The company will not default unless it fails to make the payment within 30 days. Alibaba is the world’s largest… Source link

Shares of Salesforce (CRM) rallied more than 7% Thursday after the cloud-based software company boosted its full-year sales forecast as the pandemic-led shift to remote work continues to fuel demand for its products. The stock is up about 24% so far this year. The company now expects fiscal full-year 2022 sales between $26.25 billion and $26.35 billion, up from its previous forecast of $26.2 billion to $26.3 billion. Salesforce also raised its revenue outlook for fiscal year 2023 as it bets… Source link

Today in restaurant and grocery tech news, FreshDirect adds 250 SKUs of parent company Ahold Delhaize’s private label brands, and Russian food delivery company Yandex purchases a stake in Uber in a $1 billion deal. Plus, Nat Trienens, founder and CEO of digital ordering solutions provider Koala, discusses the delta variant’s effect on restaurant ordering habits. FreshDirect Woos Shoppers with Major Private Label Expansion, Lower Prices In a move to attract cost-conscious consumers with… Source link

From Crispy Chicken Sandwich tacos at Taco Bell to “new” fries at Wendy’s, there’s no shortage of shiny new items to draw the attention of the fast food connoisseur. The chicken sandwich wars also continue, two years after Popeyes kicked off the craze. And with many restaurant chains raising their prices, the business of keeping fast food fresh and interesting is more important than ever. But these enticing eats are created for more reasons than just driving up a company’s bottom… Source link

Yandex (NASDAQ: YNDX) shares are trading higher after the company announced it will acquire 100% of Uber’s interest in the Foodtech, Delivery and Self-driving businesses. “Since we started our partnership with Uber in 2018, we’ve been able to create and rapidly develop a number of successful businesses — all of them are highly synergetic to our e-commerce initiative and to the entire Yandex ecosystem. The consolidation of these businesses puts us in a great position to further… Source link

Yandex (NASDAQ: YNDX) shares are trading higher after the company announced it will acquire 100% of Uber’s interest in the Foodtech, Delivery and Self-driving businesses. “Since we started our partnership with Uber in 2018, we’ve been able to create and rapidly develop a number of successful businesses — all of them are highly synergetic to our e-commerce initiative and to the entire Yandex ecosystem. The consolidation of these businesses puts us in a great position to further increase… Source link

Jury selection begins today in the criminal case against Theranos founder Elizabeth Holmes, who’s accused of defrauding investors and patients through her once-hyped blood-testing startup. Prosecutors and lawyers for Holmes will have to narrow a pool of nearly 200 prospective jurors to 12 who will decide her fate in a case that could potentially land her in federal prison for years. The dozen jurors and five alternates will sit for a closely watched trial expected to last as long as four… Source link

Support.com (SPRT) has become the new “meme stock” retail traders are pushing to the moon. Shares of the LA based software company closed 33% higher, at $26.33 on Friday. The stock skyrocketed more than 190% earlier in the session and was the No. 1 trending ticker on Yahoo Finance.  ‘The squeeze will continue and accelerate’ The stock caught the attention of retail traders last month based on its high short interest, which currently accounts for about 60% of the float. “Shares shorted were… Source link