Four Tech Giants Gird for Tough Hearing in House Antitrust Probe
(Bloomberg) — Chief executives from four of the biggest U.S. technology companies will face a moment of reckoning Wednesday in an extraordinary joint appearance before Congress that will air bipartisan concerns that they are using their dominance…
Good Morning Britain suffers tech fail after “massive power cut”
Photo credit: ITV From Digital Spy Good Morning Britain viewers were very nearly denied their daily fix this morning (July 28), after the programme experienced a “massive power cut” before going on air. Fortunately, Ben Shephard and Kate…
Working From Home Is Terrible News for Landlords
(Bloomberg Opinion) — Early on in the pandemic, reports of the death of the office appeared greatly exaggerated. But as Covid-19 lingers, and second infection spikes dot the global map, something is changing in how employees and employers view the…
Blowout Earnings Spur Biggest Upgrades for India Tech Since 2013
(Bloomberg) — With India’s biggest technology companies joining their global peers in topping earnings forecasts, analysts are turning extremely bullish on the sector’s outlook. Twelve-month forward earnings estimates for the 50-member S&P BSE…
What Mark Cuban Says Could Be The Greatest Threat To America’s Tech, Military Future
Intel Corporation (NASDAQ: INTC) is still struggling to produce its next-generation chips containing 7-nanometer transistors, and Intel investors are likely losing patience with the company. Billionaire entrepreneur Mark Cuban said on Sunday that Intel’s…
Buy Big Tech Stocks Despite Pullback Fears?
Zacks Stocks In The News · Amazon, Apple & Facebook Earnings: Buy Big-Tech Stocks Despite Pullback Fears? On today’s episode of Full Court Finance here at Zacks, Ben Rains dives into what to expect from Amazon, Apple, and Facebook’s upcoming…
Stocks higher with earnings, stimulus talks in focus
Stocks rose Monday ahead of a busy week of corporate earnings results, a Federal Open Market Committee monetary policy meeting and plethora of economic data reports. Each of the three major indices held in slightly positive territory Monday afternoon,…
‘I Do Not Believe’ in Conspiracy Group
Fox News’ Jesse Watters walked back praise for QAnon late Sunday after initially praising the far-right conspiracy theory movement, which is considered a terror threat by the FBI. “While discussing the double standard of big tech censorship, I mentioned…
An $8 Billion U-Turn Works for Europe’s Top Tech Firm
(Bloomberg Opinion) — It’s not a good look to sell a company less than two years after buying it. But SAP SE’s planned listing of its Qualtrics unit makes sense for the same reason the original acquisition by Europe’s largest technology company was…
Big Tech and antitrust: where things stand
Washington (AFP) – The four major tech firms whose chief executives are testifying at a congressional antitrust hearing face a variety of complaints about their dominance in the US and elsewhere. Investigations are being led by antitrust enforcers…