Technology
5 things to know before the stock market opens Thursday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures are little changed on final trading day of the week A trader works on the floor of the New York Stock Exchange (NYSE) in New York, April 4, 2022. Brendan McDermid | Reuters U.S. stock […]
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Cramer: Twitter’s board has ‘no choice’ but to reject Elon Musk’s offer
Twitter’s board has “no choice” but to reject Elon Musk’s offer to buy the company at $54.20 per share, according to CNBC’s Jim Cramer. “They have no choice but to reject it,” Cramer said Thursday on “Squawk on the Street.” “If they say, ‘we accept,’ they’re phony. And they’re not phonies.” “The Twitter Board of […]
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Musk may need to pay more for Twitter than he’s willing to, Gordon Haskett says
The Twitter board “would be accused of being ‘high’ if it decided to sell for $54.20,” the analyst wrote. Source
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Sell Twitter stock on this ‘full blown Elon circus,’ Stifel says
Stifel analyst Mark Kelley downgraded Twitter’s stock to a sell from a hold rating in the wake of Elon Musk’s offer to buy the company. Source
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Hong Kong’s ‘Mr. Metaverse’ on why he’s placing a big Web3 bet against Mark Zuckerberg
In the evolving metaverse economy, Yat Siu, the founder of a once little-known mobile gaming startup, is becoming known by a nickname: Mr. Metaverse. He’s pivoting his Hong Kong-based company Animoca Brands to help shape Web3 in a way that he says will offer an alternative to the tech giants — from Meta to Microsoft, […]
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Twitter can’t afford to reject Elon Musk’s takeover offer if it’s serious, Wall Street analysts say
Elon Musk offered to buy Twitter and take it private, sending shares higher on Thursday morning. Here’s what Wall Street analysts think of the proposed deal. Source
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Andy Jassy says he doesn’t own bitcoin, says Amazon could one day sell NFTs
Amazon CEO Andy Jassy told CNBC on Thursday he doesn’t own any bitcoin, but that he’s optimistic about the future of cryptocurrencies and nonfungible tokens. “I don’t have bitcoin myself,” Jassy told CNBC’s Andrew Ross Sorkin in a “Squawk Box” interview. “You know, I expect that NFTs will continue to grow very significantly.” “We’re not […]
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Twitter’s CEO warned of distractions days before Musk offered to buy the company
Entrepreneur and business magnate Elon Musk gestures during a visit at the Tesla Gigafactory plant under construction, on August 13, 2021 in Gruenheide near Berlin, eastern Germany. Patrick Pleul | AFP | Getty Images Days before Tesla CEO Elon Musk put in a bid Thursday to buy Twitter for $43 billion, Twitter CEO Parag Agrawal […]
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Amazon CEO Jassy just released his first annual shareholder letter since taking over from Bezos
Amazon CEO Andy Jassy on Thursday published his first annual shareholder letter since taking over the helm from founder Jeff Bezos last year. Jassy wrote about the enormous growth Amazon experienced during the coronavirus pandemic, particularly in its core retail business, as people cut their trips to the store and relied on the e-commerce giant […]
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Leaked documents show notorious ransomware group has an HR department, performance reviews and an ’employee of the month’
Conti — which uses malware to block access to computer data until a “ransom” is paid — operates much like a regular tech company, say cybersecurity specialists who analyzed the group’s leaked documents. eclipse_images A Russian group identified by the FBI as one of the most prolific ransomware groups of 2021 may now understand how […]
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