Technology & Communications

Jeff Bezos declared this year’s Juneteenth as a day for Amazon employees to learn about the history of slavery and apply the lessons to help end racism.

Spotify just signed a deal with comedian Joe Rogan to bring his popular “Joe Rogan Experience” podcast series to its platform.

Uber Technologies released its financial results for the first quarter of 2020 on Thursday. CEO Dara Khosrowshahi wants investors to have hope.

If SoftBank wants to sell $14 billion in Alibaba shares, it would still be heavily invested in the stock. Softbank isn’t trying to distance itself from Alibaba.

Wall Street thinks Microsoft stock is up for a dream run in 2020. Bank of America raised its price target for the stock to $200 from $162 on Thursday.

Japan Display has completed the sale of a stake in its Hakusan plant. Apple (NASDAQ:AAPL) is the customer that bought Japan Display’s LCD equipment.

On Tuesday, Groupon (NASDAQ:GRPN) stock rose nearly 4% in after-hours trading following its results for the first quarter of fiscal 2020.

EdgeConneX offers connections to Microsoft Azure ExpressRoute, solving performance challenges by bringing cloud access to Munich’s enterprises.

Nvidia stock generated stellar returns in 2019. The stock rose more than 76.6% last year. Nvidia stock touched a new high of $241.81 on December 23.

Today, U.S. Federal Judge Victor Marrero handed the T-Mobile and Sprint merger a victory. He approved T-Mobile’s $26.5 billion acquisition of Sprint.

fuboTV is entering the video streaming market at the right time. The company provides a live television streaming service and caters to the cord-cutting market.

On April 1, T-Mobile announced that it closed its long-awaited merger agreement with Sprint. The merger deal still needs official approval from the CPUC.

Square and PayPal want the government to use their platforms to deliver direct payments to Americans under the $2.0 trillion stimulus package.

So far, the coronavirus pandemic has disrupted the global supply chain. Apple (NASDAQ:AAPL) has resorted to curbing bulk purchases of iPhones.

Ericsson stock is an option for investors seeking to capitalize on the shift to the 5G network. Ericsson is a leading 5G network equipment vendor.

Microsoft (NASDAQ:MSFT) is in talks to acquire Warner Bros’ gaming unit. Microsoft hopes that the gaming unit will supercharge its Xbox business.

In recent months, investors have piled into Facebook (NASDAQ:FB) stock. The stock reached new post-pandemic sell-off highs.

Groupon (NASDAQ:GRPN) stock rose more than 14% on Thursday and closed at $1.02. So far, the stock has gained 86% this week.

The rift between Jeff Bezos and Elon Musk keeps getting bigger. Recently, the rivalry got deeper after Amazon announced plans to acquire Zoox.

Amazon (NASDAQ:AMZN) stock rose by 3.36% to $1,963.95 on Monday. The stock has gained 4.26% over the past month.

Comcast (NASDAQ:CMCSA) doesn’t own Snap (NYSE:SNAP) shares anymore. Comcast sold off its entire stake in Snap last year and made a profit of $293 million.

Information technology researcher Gartner expects the smartphone market to grow at an average rate of 10% in the next five years. And, the PC market will continue to decline during that period.

Samsung is expected to initiate manufacturing of DRAM wafers by the end of 2014, with a focus on PC DRAM. In the second half of 2015, its maximum S3 DRAM capacity is expected to reach 60,000 per month.

Since 2010, SAP AG (SAP) spent more than ~$12 billion on acquisitions. Concur Technologies is the largest acquisition in SAP’s 42-year history. In its 2Q14 results, most of SAP’s growth was from its cloud business—approximately $1 billion annually. Concur’s management mentioned that they expect to end fiscal year 2014 with ~$690 million.

Mergers and acquisitions aren’t uncommon. In fact, they play an integral role in the growth of the video gaming industry.

The combined conferencing business of LogMeIn and GoToMeeting is expected to bring in $1 billion pro forma revenues in its first year.

Oracle is lagging behind its competitors in taking up the opportunity provided by the high-growth cloud services market.

After the acquisition, LogFire’s WMS (warehouse management applications) solutions will be integrated into Oracle’s SCM (supply chain management) cloud.

SoftBank Group plans to sell shares of its Japan telecommunications unit worth about $12.5 billion to increase its cash reserves.

Cash App Investing allows you to set up a free stock trading account and start investing with as little as $1.

More Personal Computing revenue flat Previously, we discussed Microsoft’s (MSFT) Intelligent Cloud segment’s performance. In this part, we’ll look at how its MPC (More Personal Computing) segment performed in fiscal 1Q18. Microsoft’s MPC segment, as the name suggests, is highly dependent on the PC (personal computer) market, drawing close to ~50% of its total revenue […]

FireEye has frequently been considered as a potential takeover target, and its transition toward a subscription business model makes it an attractive option.

In its most recent quarter, FireEye strengthened its HX with Exploit Guard to facilitate behavioral analysis. HX protects network end points from malware.

In fiscal 4Q18, Microsoft expects Productivity and Business Processes revenue of $9.6 billion–$9.8 billion.

Workspace ONE, VMware’s digital workspace platform, integrates EMM (enterprise mobility management) with identity and digital workspace capabilities.

On April 30, Oracle (ORCL) announced its acquisition of cloud-based financial aid solution Vocado.

Oracle is not expected to face major competition from domestic players.

Earlier in the series, we discussed double-digit growth in VMware’s (VMW) revenue.

Now that we’ve discussed how PlayFab’s acquisition could complement Microsoft’s Azure gaming capabilities, we have to wonder what the acquisition indicates.

Amazon stock is getting too expensive for retail investors. After Apple and Tesla, Amazon might be due for a stock split this year.