Google wants to close the gap with Amazon and Microsoft in the cloud computing market. The company announced plans to invest $10 billion this year.
Apple stock has fallen by more than 10% since the company issued a revenue warning. The coronavirus outbreak has impacted Apple’s business.
Walt Disney stock fell by nearly 4.0% on Tuesday. The company announced that longtime CEO Bob Iger stepped down. The news was a big surprise.
Facebook bought virtual reality games developer Sanzaru Games. Notably, Sanzaru will join Facebook’s Oculus unit and work on content production.
The Trump administration blacklisted Huawei, which sparked a Huawei and Google rivalry. Notably, the rivalry seems to be intensifying by the day.
The coronavirus outbreak in China has created a big problem for Amazon. The outbreak threatens the company's retail business—its largest operation.
ViacomCBS investors have been disappointed. So far, the stock has fallen 36% YTD. However, ViacomCBS isn't the only media company with struggling stock.
eBay has been operating three main business units—Marketplace, Classifieds, and StubHub. However, the company is undertaking a portfolio review.
Google has acquired Cornerstone. The company continues to purchase cloud computing technology providers. Recently, the company acquired Looker.