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…
CES says January’s tech conference will be a virtual event
CES, one of the world’s biggest technology conferences, will be a virtual event in January due to the coronavirus pandemic. The announcement is a reversal from May when organisers said it would go on as a smaller gathering in Las Vegas. It is another…
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…
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…
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…
Tech Analyst Says Valuations ‘Hit a Wall’ Following Recent Gains
(Bloomberg) — Shares of technology companies have soared over the past few months, and valuations “have hit a wall,” suggesting there could be limited additional upside over the near term, according to Jefferies. Analyst Brent Thill believes that…
Big Tech Goes on Shopping Spree, Brushing Off Antitrust Scrutiny
(Bloomberg) — The biggest U.S. technology companies have gone on a buying spree this year, waving off intense scrutiny from competition watchdogs and critics who say they’ve bolstered their power by snatching up nascent rivals. The number of…