Amazon and Lyft Join Forces to Meet COVID-19 Demands
Amazon (NASDAQ:AMZN) and Lyft (NASDAQ:LYFT) have joined forces to support each other during this COVID-19 crisis.
Technology & Communications
The latest news on the biggest technology and communications companies.
Netflix Names Ted Sarandos Co-CEO, Flags TikTok as Threat
Netflix has appointed Ted Sarandos as its co-CEO alongside Reed Hastings. Sarandos seems to really understand Netflix and the future the company seeks.
Betting against Square Stock Might Be the Wrong Move
Although the coronavirus pandemic has shaken Square, it can ride out the storm. The company’s future looks bright beyond the pandemic.
Is Apple Eyeing the eSports Market in 2020?
2020 may see Apple (AAPL) in a completely new arena. On December 23, Patently Apple reported that this year the iPhone marker might venture into eSports.
Netflix Has to Overcome These Three Challenges in 2020
Netflix is ramping up its original content slate for 2020 and rapidly expanding overseas. That said, it will have to address certain challenges in 2020.
Huawei’s Competitive Products Could Scare Apple
Chinese smartphone maker Huawei, which has continued to haunt Apple, has just launched the 10.8-inch MatePad Pro tablet to compete with Apple’s iPad Pro.
Uber Suffers Blow in $1 Billion Trade Secrets Dispute
Recently, a jury decided that a California entrepreneur, Kevin Halpern, filed a timely trade secrets lawsuit against Uber.
Amazon CEO Jeff Bezos Marks Juneteenth Holiday with a Twist
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 Keeps Focusing on Podcasts with Joe Rogan Deal
Spotify just signed a deal with comedian Joe Rogan to bring his popular “Joe Rogan Experience” podcast series to its platform.
Uber Posts Mixed Q1 Earnings, Focuses on the Future
Uber Technologies released its financial results for the first quarter of 2020 on Thursday. CEO Dara Khosrowshahi wants investors to have hope.
Why SoftBank Selling Alibaba Stock Shouldn’t Worry You
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.
Microsoft Stock Could Grow 26% in 2020
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.
iPhone SE: Did Apple Just Nail It with This Smartphone?
Apple’s iPhone SE wants to take advantage of the shift to low-cost purchases amid the pandemic. So far, the strategy seems to be working.
Why TikTok Woes Drive Investors to Facebook Stock
Facebook stock jumped about 3.0% on July 6 after US Secretary of State Mike Pompeo talked about banning TikTok in the US.
Apple Buys Stake in Japan Display’s LCD Hakusan Plant
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.
Why Groupon Stock Rose 4% despite Revenue Plunging
On Tuesday, Groupon (NASDAQ:GRPN) stock rose nearly 4% in after-hours trading following its results for the first quarter of fiscal 2020.
EdgeConneX Is Bringing Private Cloud Connectivity Solutions to Munich
EdgeConneX offers connections to Microsoft Azure ExpressRoute, solving performance challenges by bringing cloud access to Munich’s enterprises.
Can Nvidia Stock Sustain Its Growth Momentum in 2020?
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.
T-Mobile versus Sprint: Which Stock Should Investors Buy?
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.
Is fuboTV the Next Big Thing in Video Streaming?
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.
Why Is the T-Mobile and Sprint Merger at Risk?
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’s Cash App Seeks Role in $2.0 Trillion Stimulus Fund
Square and PayPal want the government to use their platforms to deliver direct payments to Americans under the $2.0 trillion stimulus package.
Apple’s iPhone Sales in China Fall 60%, There’s Still Hope
Apple stock has taken a beating as the company struggles with the effects of the coronavirus outbreak. However, there are rays of hope for investors.
Kanye West Picks Great Stocks, Might Run for President
Kanye West has an eye for picking great stocks. In December 2017, he bought a few stocks as a Christmas present for his wife, Kim Kardashian.
Why Apple Has Set a Purchase Limit for iPhone Sales
So far, the coronavirus pandemic has disrupted the global supply chain. Apple (NASDAQ:AAPL) has resorted to curbing bulk purchases of iPhones.
Ericsson Shifts to 5G Network, Can Investors Capitalize?
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 Wants Warner Games, Stock Up 316% since LinkedIn Buy
Microsoft (NASDAQ:MSFT) is in talks to acquire Warner Bros’ gaming unit. Microsoft hopes that the gaming unit will supercharge its Xbox business.
Facebook Stock Up 13%, Nancy Pelosi’s Husband Sold Stake
In recent months, investors have piled into Facebook (NASDAQ:FB) stock. The stock reached new post-pandemic sell-off highs.
Why Is Groupon Stock Trading at a 73% Discount?
Groupon (NASDAQ:GRPN) stock rose more than 14% on Thursday and closed at $1.02. So far, the stock has gained 86% this week.
Rivalry Keeps Intensifying between Jeff Bezos and Elon Musk
The rift between Jeff Bezos and Elon Musk keeps getting bigger. Recently, the rivalry got deeper after Amazon announced plans to acquire Zoox.
Demand Increases for Amazon Stock amid COVID-19
Amazon (NASDAQ:AMZN) stock rose by 3.36% to $1,963.95 on Monday. The stock has gained 4.26% over the past month.
Why Did Comcast Sell Its Entire Stake in Snap Stock?
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.
When Will the Reinvent Technology SPAC Go Public?
Reinvent Technology Partners, a new SPAC, filed for a $600 million IPO on Sept. 1. Has the Reinvent Technology IPO date been set?
How U.S. Investors Can Buy Samsung Stock Through ETFs
U.S. investors can purchase Samsung stock through ETFs that have exposure to the South Korean company.
Why Micron’s management is optimistic about DRAM growth
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.Why Micron’s position in the DRAM market may be under threat
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.Must-know: Concur is the biggest acquisition in SAP’s history
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.Consumer Why the video gaming industry is attracting so much investment
Mergers and acquisitions aren’t uncommon. In fact, they play an integral role in the growth of the video gaming industry.
Citrix’s GoToMeeting Is Now a Part of LogMeIn
The combined conferencing business of LogMeIn and GoToMeeting is expected to bring in $1 billion pro forma revenues in its first year.Why Oracle’s cloud growth lags behind IBM and other peers
Oracle is lagging behind its competitors in taking up the opportunity provided by the high-growth cloud services market.
Understanding Oracle’s LogFire Acquisition
After the acquisition, LogFire’s WMS (warehouse management applications) solutions will be integrated into Oracle’s SCM (supply chain management) cloud.
Softbank Group Selling Japan Telecommunications Unit
SoftBank Group plans to sell shares of its Japan telecommunications unit worth about $12.5 billion to increase its cash reserves.
Elon Musk Offering Peek at Neuralink: What to Know About the Brain Chip
Elon Musk is set to update us on his Neuralink brain-machine interface today. Here's what to know about the potentially revolutionary technology.
Everything We Know About the Corsair IPO So Far
Corsair Gaming will go public and has filed for a $100 million initial public offering. Has Corsair Gaming IPO date been set?
Cash App Investing: How Does It Work?
Cash App Investing allows you to set up a free stock trading account and start investing with as little as $1.
A Look at Microsoft’s More Personal Computing Segment in 1Q18
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 […]
Why FireEye Could Be Seen as an Acquisition Target
FireEye has frequently been considered as a potential takeover target, and its transition toward a subscription business model makes it an attractive option.
How FireEye’s CEO Is Approaching the Security Field
In its most recent quarter, FireEye strengthened its HX with Exploit Guard to facilitate behavioral analysis. HX protects network end points from malware.
Microsoft’s Productivity and Business Processes Segment
In fiscal 4Q18, Microsoft expects Productivity and Business Processes revenue of $9.6 billion–$9.8 billion.
Assessing VMware’s End-User Computing in 4Q18
Workspace ONE, VMware’s digital workspace platform, integrates EMM (enterprise mobility management) with identity and digital workspace capabilities.
