-
Google Was Just Downgraded, But This Could Be A Good Thing
Friday, June 30, 2023 - 11:31am | 871After watching their shares rally by more than 50% from last November, it must have been a kick in the teeth for Alphabet Inc (NASDAQ: GOOGL), better known as Google, to receive two downgrades this week. But that's exactly what came from the teams over at UBS and Bernstein. Not all hope is lost...
-
What Crypto Winter? Google Cloud Partners With Coinbase To Accept Digital Payments
Tuesday, October 11, 2022 - 10:43am | 372Google is partnering with crypto exchange Coinbase (NASDAQ: COIN) to allow customers to pay for cloud services in cryptocurrencies starting early next year. Coinbase will also leverage the Alphabet Inc. (NASDAQ: GOOGL) subsidiary's fiber-optic network to enhance the global reach of its...
-
Alphabet's Q3 Earnings: Full Steam Ahead Against Advertising Headaches And Regulatory Headwinds
Friday, October 23, 2020 - 11:04am | 1417Against the backdrop of COVID-19, Alphabet Inc (NASDAQ: GOOGL) faces cold headwinds on the earnings front in addition to emerging regulatory challenges. Coming off a not-so-stellar Q1 reporting season, GOOGL fell short in Q2, reporting its first-ever year-over-year quarterly decline...
-
Google Gets Federal Approval To Operate Under Sea Cable Between US and Taiwan To Boost Network Capacity
Wednesday, April 8, 2020 - 11:24pm | 548Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) owned Google has obtained federal clearance to temporarily operate a sub-sea fiber-optic cable between the United States and Taiwan. What Happened Google will be able to run a segment of the Pacific Light Cable Network System, which connects the U.S. to...
-
Google Gives 60-Day Extension To All Contractors Due To Pandemic
Wednesday, March 25, 2020 - 4:20am | 294Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Google LLC has granted a 60-day extension to all its contractors in the wake of the novel coronavirus (COVID-19) outbreak, CNBC reported Tuesday. What Happened All contracts which were set to expire between March 20 and May 15 this year would...
-
Huawei Partners With TomTom To Develop Google Maps Alternative
Tuesday, January 21, 2020 - 5:40am | 305Chinese telecom giant Huawei Technologies Co. Ltd. is collaborating with Dutch digital maps supplier TomTom NV (OTC: TMOAF) to make an alternative to Google Maps for its phones, according to Reuters. What Happened Huawei can now use the Dutch digital mapping company’s maps, traffic...
-
Google Fires Four Employee Activists For 'Data Security Breach'
Tuesday, November 26, 2019 - 5:14am | 448Alphabet Inc.’s (NASDAQ: GOOGL) subsidiary Google LLC fired four employees over “clear and repeated violations” of the company’s “data security policies,” an internal memo accessed by Bloomberg on Monday showed. What Happened Google said that the...
-
Netflix's International Expansion Encounters Setback, Video Service Being Partially Blocked In Indonesia
Thursday, January 28, 2016 - 1:08pm | 174According to a report by The Times Of India, Netflix, Inc. (NASDAQ: NFLX)'s streaming video service is being partially blocked in Indonesia. Netflix announced in early 2016 it will launch its service globally. The Times Of India reported that Indonesia's state-owned telecommunications...
-
#PreMarket Primer: Tuesday, December 30: Debris Found From AirAsia Plane
Tuesday, December 30, 2014 - 9:09am | 895Debris that was part of the missing AirAsia Jet was found early on Tuesday. Teams have been searching for the plane since it went missing on Sunday and crashed somewhere off the coast of Indonesia. The plane lost contact with air traffic controllers just after requesting to increase altitude in...
-
#PreMarket Primer: Friday, December 19: U.S. Debates A Response To Sony Hackers
Friday, December 19, 2014 - 9:17am | 1247U.S. officials are finding it difficult to come up with an appropriate response to the hacking group that broke into Sony Corp’s (NYSE: SNE) computer system and later issued a threat to those attending the company’s latest movie premiere for, “The Interview.” Sony has...
-
#PreMarket Primer: Thursday, December 11: Investors Flock To Safer Bets
Thursday, December 11, 2014 - 9:26am | 1282With oil prices continuing to free-fall and the global economy still on shaky ground, U.S. investors ditched riskier assets in favor of safer bets. Traders swapped high-yield corporate bonds for government bonds and proceeded with caution. On Wednesday, the Dow Jones Industrial Average fell 1.5...
-
How These 4 Tech Giants Are Resolving Their China Challenges
Monday, December 8, 2014 - 6:18pm | 972Any company doing business in mainland China faces challenges. Such challenges include, according to the Global Association of Risk Professionals: relationship building, the role of respect, widespread tax evasion, weak internal controls and use of third-party agents. Here are four major...
-
#PreMarket Primer: Tuesday, October 14: US Hospitals To Receive More Ebola Training
Tuesday, October 14, 2014 - 7:21am | 1189On Monday, the director of the U.S. Centers for Disease Control and Prevention, Dr. Thomas Frieden, apologized for his remark over the weekend that the 26-year-old Dallas nurse who contracted Ebola had breached protocols. Instead, he said the CDC is working to provide better training in order...
-
#PreMarket Primer: Friday, October 3: JP Morgan Suffers Largest Cyberattack Against A Financial Institution
Friday, October 3, 2014 - 7:03am | 1182JPMorgan Chase & Co. (NYSE: JPM) reassured its customers that their money was safe, but disclosed that 76 million households were affected by a hacking attack on the company’s data. Over the summer, the bank’s cyber security was breached allowing hackers access to customer...
-
#PreMarket Primer: Friday, July 25: Russia Accused Of Actively Engaging Ukraine
Friday, July 25, 2014 - 7:04am | 1241On Thursday, the US accused Russia of firing across its border in an attempt to take out Ukrainian military posts in what are the most serious allegations that Moscow is fueling the conflict in Ukraine. Since the start of the conflict, questions have been raised about whether or not the Kremlin...