Asia’s Top-Performing Tech Stock Cashes in on Spending Shift
(Bloomberg) — The hottest stock in Asia since markets hit their nadir in March amid the peak of the coronavirus impact is an Australian payment company that is seeking to cash in on the global change in spending habits. Installment payment platform…
Twitter’s Dorsey Sought by Top Republican for Tech CEO Hearing
(Bloomberg) — Representative Jim Jordan, the top Republican on the House Judiciary Committee, wants to invite Twitter Inc. Chief Executive Officer Jack Dorsey to a hearing next week featuring four top tech CEOs. Jordan, in a letter to Democratic…
Fiat Chrysler, Waymo to put self-driving tech in Ram vans, other vehicles
Fiat Chrysler Automobiles and Waymo are moving well beyond developing self-driving minivans together. In a dramatic expansion of their four-year-old partnership, FCA and Waymo, once known as Google’s self-driving car project, plan to fit Ram…
3 Safe Haven, Stay-At-Home Tech Stocks to Buy with Nasdaq at Highs
The Nasdaq hit new highs once again on Monday, as the familiar faces of the market’s coronavirus comeback, from Tesla TSLA to Zoom ZM continue to soar. On Tuesday, IBM IBM topped our quarterly estimates, and the Dow climbed on the back of the European…
Amazon Sets New Lobbying Record as Tech Antitrust Scrutiny Grows
(Bloomberg) — Amazon.com Inc. spent a record $4.38 million on lobbying during the second quarter, according to a spokeswoman, as the e-commerce giant faced increasing antitrust scrutiny in Washington and the challenges of delivering goods to…
Is It Time to Rotate Out of Tech ETFs?
Technology stocks and ETFs have been star performers of this year. The coronavirus outbreak could not take the sheen out of this sector, rather added more to it. Social distancing norms enacted globally to mitigate the spread of the virus compelled…
What we know about the death of Fahim Saleh, the 33-year-old tech millionaire who was found decapitated and dismembered in his Manhattan condo
33-year-old entrepreneur Fahim Saleh in a YouTube video he published on Feb. 2, 2020. Fahim Saleh/YouTube On Monday, July 13, tech entrepreneur Fahim Saleh was stabbed to death in his seventh-floor Manhattan condominium. Saleh’s body was found…
Zoom to open tech centre in Bengaluru
By Sankalp Phartiyal NEW DELHI (Reuters) – Zoom Video Communications Inc said on Tuesday it will open a technology centre in Bengaluru and soon begin hiring as part of an expansion push in the country. Potential areas of expansion for the new…
3 Hot Tech Stocks to Buy After Solid Earnings
Tech sector earnings are entering their heaviest period and there’s sure to be much to say about them. One thing’s for sure, this should be a big quarter for many players because a truly large number of companies have benefited from the pandemic-induced…
America’s Tech Stock Mania Lures Amateur Traders From India
(Bloomberg) — The record-shattering run in U.S. technology stocks has captivated mom-and-pop investors across America. Now their counterparts in India are piling in too. Spurred on by a spate of Indian brokerages offering new low-fee trading plans…