Day: August 15, 2022
Tesla’s valuation doesn’t make sense until it hits this level, fund manager says
Top tech investor Paul Meeks doesn’t buy into the Tesla hype, saying the stock could be a buy — but only at the right price. “You almost have to believe in the cult, and it is a cult, just a little bit to buy that stock, because you are never going to be a hardcore […]
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Apple tells employees to work at the office three times per week starting in September
An aerial view of Apple Park is seen in Cupertino, California, United States on October 28, 2021. Tayfun Coskun | Anadolu Agency | Getty Images Apple employees who work in Santa Clara County near the company’s California headquarters have been called back to the office starting in September, where they are expected to work three […]
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Viking Global bets big on insurance stocks, including a $500 million stake in AIG
Massive hedge fund Viking Global made large bets on insurance stocks during a volatile second quarter for Wall Street, according to securities filings. Viking’s second-quarter regulatory filing, released on Monday, shows that the fund initiated a stake of more than $500 million in AIG . Viking also scooped up more than 1.3 million shares of […]
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How to quickly scan, sign and send documents with your iPhone
Scanning a document on your iPhone in the Notes app. Sofia Pitt You don’t need a bulky machine to scan and sign a document. Instead, you can use your iPhone or iPad to scan a document and, in less than a minute, turn it into a PDF and send it wherever it needs to go. […]
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Apple reportedly plans to put ads in more apps on your iPhone
iPhone 13 Pro Source: Apple Inc. Apple may expand its advertising to more of its first-party apps on the iPhone in an effort to boost revenue, according to Bloomberg. The company generates about $4 billion in annual revenue from its ad business but wants to grow the segment into the “double digits,” according to the […]
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California lawmakers float legislation to keep Diablo Canyon nuclear plant open
Aerial view of the Diablo Canyon, the only operational nuclear plant left in California, viewed in these aerial photos taken on December 1, 2021, near Avila Beach, California. Set on 1,000 acres of scenic coastal property just north and west of Avila Beach, the controversial power plant operated by Pacific Gas & Electric (PG&E) was […]
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Unity shares drop 7% after board rejects acquisition by AppLovin
Unity shares tumbled 7% on Monday, after the video game software company’s board rejected a bid to be acquired by AppLovin. Unity announced on Monday that AppLovin’s $20 billion bid was “not in the best interests of Unity shareholders.” AppLovin offered to buy Unity for $58.85 per share last week, which was a premium of […]
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Voyager customer lost $1 million saved over 24 years and is one of many now desperate to recoup funds
Voyager said it has roughly $1.3 billion of crypto on its platform and holds over $350 million in cash on behalf of customers at New York’s Metropolitan Commercial Bank. Justin Sullivan | Getty Images During a five-hour Chapter 11 bankruptcy hearing earlier this month for crypto firm Voyager Digital, a customer named Magnolia was the […]
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Business travel spending might not return to pre-pandemic levels until 2026
Lighted tunnel in the United Airlines terminal, O’Hare International Airport, Chicago Illinois. Andrew Woodley | Universal Images Group via Getty Images Business travel spending might not recover to pre-pandemic levels until sometime in 2026 — two years later than previously expected — as inflation, labor shortages and geopolitical issues slow the sector’s rebound, according to […]
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Rudy Giuliani named a target in Trump election probe in Georgia, lawyers say
Rudolph Giuliani, attorney for President Donald Trump, arrives for a news conference at the Republican National Committee on lawsuits regarding the outcome of the 2020 presidential election on Thursday, November 19, 2020. Tom Williams | CQ-Roll Call, Inc. | Getty Images Rudy Giuliani has been named a target in the criminal investigation into efforts by […]
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