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Big Tech Earnings, Congress Hearing To Determine Trajectory Of Growth
Tuesday, July 28, 2020 - 2:28pm | 507Read More...What Happened? Last week set the scene for a momentous Silicon Valley earnings week, with results due from Amazon Inc (NASDAQ: AMZN), Apple Inc (NASDAQ: AAPL), Alphabet Inc Class A (NASDAQ: GOOG) and Facebook Inc (NASDAQ: FB). Earnings Analysis Facebook realized a 17.6% growth in revenue year...
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How Did The Pandemic Impact Amazon's Retail And Cloud Services?
Tuesday, July 28, 2020 - 9:34am | 1773Read More...Amazon Inc (NASDAQ: AMZN) celebrated its 25th anniversary earlier this month. But the way the company grows and innovates—not to mention how its stock price moves—you’d think it’s a young startup. In his most recent letter to shareholders, AMZN CEO Jeff Bezos stated that if...
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Benzinga's Bulls And Bears Of The Week: Apple, Coca-Cola, Twitter And More
Saturday, July 25, 2020 - 1:10pm | 829Read More...Benzinga has examined the prospects for many investor favorite stocks over the past week. This week's bullish calls included an iconic beverage stock and a cannabis stock. The iPhone maker and the electric vehicle leader were among the week's bearish calls. Overall, the second-quarter...
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Alphabet Shares Rise During Earnings Call As Q1 Advertising Revenue Better Than Expected
Wednesday, April 29, 2020 - 8:11am | 718Read More...The coronavirus pandemic has not affected Alphabet Inc.’s (NASDAQ: GOOG) (NASDAQ: GOOGL) advertising revenue as sharply as expected, while YouTube and Google Services use escalated during the first quarter. Markets Cheer Good News Alphabet’s shares rose sharply in...
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Google Parent Company To 'Significantly' Limit New Hiring In 2020, CEO Pichai Says
Wednesday, April 15, 2020 - 11:07pm | 555Read More...Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) will "significantly slow down the pace of hiring" for the rest of 2020 in light of the novel coronavirus (COVID-19) pandemic, the company's chief executive officer Sundar Pichai told employees in an internal email, as reported by Bloomberg...
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Google Surveys Users For Coronavirus Symptoms To Help Researchers Forecast Spread
Tuesday, March 24, 2020 - 2:01am | 384Read More...Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Google LLC is surveying users for possible novel coronavirus (COVID-19) symptoms. What Happened The survey is being conducted through the search engine giant's Opinion Reward App in the United States. "Your responses will not be used...
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Streaming Platform Like Spotify, YouTube Contributed To 80% Of All Music Sales In 2019
Wednesday, February 26, 2020 - 12:58am | 347Read More...Streaming platforms extended their domination of the music market in the United States in 2019, according to data from the Recording Industry Association of America. Physical Sales Near Disappearance The subscription-based streaming services and free streamers that rely on advertisements for...
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Google Warns New Huawei Phone Owners Against Sideloading Gmail And YouTube
Monday, February 24, 2020 - 5:05am | 325Read More...Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) owned Google warned on Friday that sideloaded Google apps such as Gmail or YouTube will not work reliably on new Huawei phones and may pose security threats. What Happened Google noted that the U.S. government had put Huawei on its Entity List, and it...
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Facebook To Pay Users $5 For Their Voice Recordings
Friday, February 21, 2020 - 5:48am | 373Read More...Facebook Inc. (NASDAQ: FB) will pay users $5 for sharing their voice recordings, the company announced Thursday. What Happened The voice recordings would be used for improving Facebook's speech recognition technology, as first reported by The Verge. Users of Facebook's Viewpoints app, aimed...
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Fitbit Shares Plummet On Q4 Earnings Miss
Friday, February 21, 2020 - 3:42am | 297Read More...The shares of Fitbit Inc. (NYSE: FIT) dropped lower in the after-hours session on Thursday as the fitness wearables maker missed analyst expectations for the fourth-quarter earnings. What Happened Fitbit reported a net loss of $120.8 million for the quarter that ended in December 2019 compared to...
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No More Immunity? Justice Department Wants Tech Companies To Have Legal Responsibility For Content Posted On Their Platforms
Thursday, February 20, 2020 - 9:42am | 579Read More...The United States Department of Justice held a workshop discussing Section 230 of the Communications Decency Act on Wednesday that grants technology companies immunity from legal actions arising from content published by third-parties on their platform. The Takeaways Attorney General William...
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Google Parent Alphabet To Quit Power Generating Kite Company
Wednesday, February 19, 2020 - 6:05am | 337Read More...Alphabet Inc. (NASDAQ: GOOGL) is closing down Makani, a company that generates power with kites, the Financial Times reports. What Happened Fort Felker, CEO of Makani, announced Makani’s departure from Alphabet's experimental “X” lab in a Medium post....
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Global Stocks Drop As Apple, Others Share Grim Outlook Due To Coronavirus Outbreak
Tuesday, February 18, 2020 - 9:57am | 678Read More...Markets in Asia and Europe dipped in Tuesday’s trading session as Apple Inc. (NASDAQ: AAPL) became the latest company to downgrade earnings guidance due to the novel coronavirus (COVID-19) outbreak. What Happened Day-to-day activities continue to be disrupted in mainland China with at least...
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Google Joins Blockchain Startup Hedera Hashgraph's Governing Council
Wednesday, February 12, 2020 - 4:39am | 507Read More...Alphabet Inc. (NASDAQ: GOOGL) owned Google has become a member of the Hedera Governing Council responsible for the planning of Hedera’s blockchain network. What Happened Google will be joining the governing council for Hedera that includes 39 “term-limited and highly...
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FTC Asks Tech Giants To Hand Over Details Of Every Single Acquisition They Made Last Decade
Wednesday, February 12, 2020 - 4:03am | 627Read More...The United States Federal Trade Commission has ordered five technology behemoths to provide the information on every single acquisition they made between January 1, 2010 and December 31, 2019, not otherwise required by law. What Happened The agency announced Tuesday that it issued orders to...
















