Breaking News: Technology
Alphabet announces $70 billion buyback
CEO of Alphabet and Google Sundar Pichai during press conference at the Chancellery in Warsaw, Poland on March 29, 2022. Mateusz Wlodarczyk | Nurphoto | Getty Images Alphabet said on Tuesday that its board of directors authorized $70 billion in share repurchases, a major step up from last year’s authorization of $50 billion and authorization […]
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Microsoft earnings beat across the board
Microsoft CEO Satya Nadella speaking at the DLD (Digital-Life-Design) conference in Munich, Germany, on Jan. 16, 2017. Tobias Hase | dpa | picture alliance | Getty Images Microsoft shares were flat in extended trading on Tuesday after the software maker issued fiscal third-quarter earnings that exceeded analysts’ expectations. Here’s how the company did: Earnings: $2.22 […]
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Alphabet reports miss on earnings and revenue
Alphabet CEO Sundar Pichai gestures while speaking during a discussion on artificial intelligence at the Bruegel European economic think tank in Brussels, Belgium, on Jan. 20, 2020. Geert Vanden Wijngaert | Bloomberg | Getty Images Alphabet reported first quarter earnings after the bell. Here are the results: Earnings per share (EPS): $24.62 per share, vs. […]
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Tesla stock falls more than 10% after Musk’s Twitter deal
A Tesla store is seen in Shanghai, China, Feb 1, 2022. Costfoto | Future Publishing | Getty Images Tesla stock was down more than 10% in the morning as the tech-heavy Nasdaq Composite slipped about 3.2%. Other mega-cap tech stocks like Apple, Amazon, Google and Facebook parent Meta were also down between 2% and 4%. […]
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Twitter will have a ‘hard time’ keeping Trump off if he runs in 2024, says Rep. Khanna
US Representative Ro Khanna, Democrat of California, speaks during a press conference following a vote in the US House on ending US military involvement in the war in Yemen, on Capitol Hill in Washington, DC, April 4, 2019. Saul Loeb | AFP | Getty Images Though Elon Musk’s deal to purchase Twitter has renewed questions […]
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Musk’s Twitter takeover may boost Facebook, Google and Snap ad revenues
The logos of Google, Facebook, Instagram, Twitter, Snapchat and TikTok displayed on a computer screen. Denis Charlet | AFP via Getty Images Elon Musk’s private takeover of Twitter may boost ad revenue for YouTube, Snap, Meta and TikTok, analysts from several Wall Street firms said in recent notes to investors. Twitter, which announced it accepted […]
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Microsoft’s $15 billion cybersecurity business is giving investors new reason for optimism
Satya Nadella, chief executive officer of Microsoft Corp. Grant Hindsley | Bloomberg | Getty Images In January 2021, Microsoft CEO Satya Nadella revealed the size of the software company’s security business for the first time. The number was big. Nadella told analysts on an earnings call that the operation had reached $10 billion in annual […]
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Donald Trump says he won’t return to Twitter if Elon Musk reverses ban
Former U.S. President Donald Trump speaks during a rally to boost Ohio Republican candidates ahead of their May 3 primary election, at the county fairgrounds in Delaware, Ohio, U.S. April 23, 2022. Gaelen Morse | Reuters Donald Trump told CNBC on Monday he wouldn’t return to Twitter even if Elon Musk, the company’s incoming owner, […]
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Elon Musk’s deal to buy Twitter leaves many key questions unanswered
SpaceX founder Elon Musk reacts at a post-launch news conference after the SpaceX Falcon 9 rocket, carrying the Crew Dragon spacecraft, lifted off on an uncrewed test flight to the International Space Station from the Kennedy Space Center in Cape Canaveral, Florida, U.S., March 2, 2019. Mike Blake | Reuters The Twitter board has agreed […]
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In DC, Musk’s Twitter deal is either a free speech victory or fuel to tax the rich
Depending who you ask in Washington, D.C., Monday’s news that Twitter’s board has accepted Elon Musk’s $44 billion offer to buy the company and take it private either marks the return of free speech online or proof that billionaires like Musk must pay higher taxes. “Free speech is making a comeback,” tweeted Rep. Jim Jordan, […]
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