Tag Archives: year

Zoom Video Communications (ZM) broke a 7-year winning streak in 2021. Before Zoom, every business Yahoo Finance selected for Company of the Year delivered a positive stock return during the following 12 months. All but once, those stocks outperformed the S&P 500. Zoom shares, however, have fallen 46% so far this year, the first losing performance since Disney was our debut Company of the Year in 2013. We’re not apologizing—and we doubt Zoom investors are complaining, either. Zoom was our Source link

Microsoft (MSFT) has had a stunning year. After nearly 50 years in business, the tech giant crashed through the $2 trillion market capitalization mark in June, joining an exclusive club that includes Apple and, for a brief moment, Google parent Alphabet. As of Dec. 6, Microsoft was worth a staggering $2.4 trillion. Over the last 52 weeks, Microsoft’s stock price has skyrocketed 45%, easily outpacing the broader S&P 500, which rose 21%, not to mention rivals Apple (AAPL) and Amazon (AMZN),… Source link

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices alone. And in the U.S., app usage surged ahead of the time spent watching live TV. Currently, the average American watches 3.7… Source link

Yahoo has announced its 2021 Year in Review (YIR) for India. The survey analysed search trends to reveal what Indian users searched for this year. Yahoo’s report reveals the year’s top personalities, newsmakers, and events, based on users’ daily search habits on the platform. As per the findings, India’s ‘Most Searched Personality’ is Narendra Modi. Cricketer Virat Kohli was ranked second in the category, while West Bengal Chief Minister Mamata Banerjee rounded off the top three…. Source link

Google is reconsidering its return-to-office plans again, saying that its US employees won’t have to adopt a hybrid work model come January 10th, as was previously indicated. A Google spokesperson told The Verge that the company’s current plan is to hold off on coming up with new plans until next year, with decisions regarding timelines still being left up to local offices. The company has changed its return to work plans several times as the pandemic evolved. In August, when the… Source link

Dec 2 (Reuters) – Timnit Gebru, the computer scientist whose disputed exit from Google’s (GOOGL.O) artificial intelligence research team prompted debate across the tech industry about diversity and censorship, said on Thursday she has launched a small lab to continue her work freely. The Distributed AI Research Institute has raised $3.7 million from foundations and aims to critically study services from big tech companies as well as propose AI-based solutions to issues such as food insecurity… Source link

Facebook CEO Mark Zuckerberg announces the company’s future plans for the metaverse during the company’s Connect keynote. (Image: Facebook) This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, December 1, 2021 Big Tech wants to sell you on the metaverse, but don’t hold your breath If there’s one buzzword the tech world couldn’t stop… Source link

The Internal Revenue Service’s Criminal Investigations Unit (IRS-CI) seized $3.5 billion from cryptocurrency-related fraud cases over the fiscal year of 2021, according to an annual report published by the agency, underscoring how the booming sector has also sparked a rise in the illicit use of crypto. According to the IRS-CI, 93% of the total money they seized this year came from crypto-related cases, the latest sign that fraudsters and scammers have found a way to leverage the soaring… Source link

Google News Showcase—the search giant’s platform for displaying and licensing news content—celebrated its first birthday this week with a public update on the growth of the program and how publishers have benefitted from it. Recommended articles … Source link

Lucid’s first EV earns coveted award, recognizing Lucid Air’s unrivaled combination of efficiency, performance, and luxury with EV powertrain technology developed and manufactured entirely in-house – Lucid Air awarded MotorTrend’s Car of the Year against a formidable field of 24 competitors from major manufacturers – The win marks the first time that the initial product from a new automotive company has been awarded MotorTrend’s flagship Car of the Year award – Designed in Silicon Valley and… Source link