Amazon, Apple, Meta and Google- high-flying tech giants buffeted by turbulent times

Amazon, Apple, Meta and Google-parent Alphabet released figures for the first quarter of this year that showed they are not impervious to turbulence roiling global markets. Tech giants that saw good times during the pandemic are dealing with a “hangover” compounded by inflation and the war in Ukraine, analysts have said after earnings released this … Read more

Opinion: Big Tech is no longer winning as big, but these two stocks still seem safe

The Big Tech earnings boom is officially over, but some of the world’s most powerful and valuable companies are breaking off from the pack. As this column told you months ago, profit increases are no longer a given for Big Tech. Collectively, Alphabet Inc. GOOGL, + 3.70% GOOG, + 3.82%, Amazon.com Inc. AMZN, + 4.65%, … Read more

The huge Apple buyback will need to come with blowout earnings

A massive buyback may not be enough for Apple Inc. investors amid the worst month for big tech since the global financial crisis. A massive buyback may not be enough for Apple Inc. investors amid the worst month for big tech since the global financial crisis. The market’s reaction to Alphabet Inc.’s report shows it … Read more

Shocking! Data used to sexually extort minors given up by Apple, Google, Twitter, others

Data has been used to harass and even sexually extort minors. Major technology companies have been duped into providing sensitive personal information about their customers in response to fraudulent legal requests, and the data has been used to harass and even sexually extort minors, according to four federal law enforcement officials and two industry investigators. … Read more

Google Cloud sales president Rob Enslin is out

While subscription gaming services have been on the rise for the past few years, thanks largely to the growth of Microsoft’s Xbox Game Pass platform, the shift in consumer spending and consumption hasn’t followed. Instead, subscription platforms and the smaller cloud gaming services often bolted onto them to make up a tiny slice of the … Read more

Tech sell-off drags ASX down, Reserve Bank expected to hike interest rates in May

Australian shares have dropped for a third straight trading day, after a technology sell-off on Wall Street intensified in the final hour over fears of a slowing economy and aggressive US interest rate hikes. The ASX 200 index had fallen 0.7 percent to 7,268 points, by 12:20 pm AEST on Wednesday. The Australian dollar rose … Read more

A look at 15 significant merger and acquisitions in tech industry- Technology News, Firstpost

FP TrendingApr 26, 2022 11:20:01 IST Tesla CEO Elon Musk struck a deal on Monday to buy social media giant Twitter for $ 44 billion. In a statement released on the microblogging platform, the world’s richest man stated that he wants to make Twitter “better than ever”. Twitter’s sale to Musk will see the company … Read more

Google Cloud Chief Says Ceos View Software As Strategic

Thomas Kurian, chief executive of Alphabet Inc.’s Google Cloud, says the role of the chief information officer has changed materially as technology has grown more important to business. Increasingly, CEOs view technology as a differentiator and look to the CIO for expertise, he said. Mr. Kurian has been CEO of Google Cloud since 2019. Google … Read more

TPG Telecom’s private cloud service to boost competition in Queensland

TPG Telecom launches a private cloud service region in Brisbane to help businesses and local councils in Queensland gain access to cloud computing services. For Moreton Bay Regional Council, leveraging TPG’s private cloud services means they can benefit from on-premises IT services — including high bandwidth, low latency on-demand compute, and storage from highly secure … Read more