It's a big week for Wall Street as many tech giants will report quarterly earnings later this week. We discuss what to look out for when Facebook, Amazon, Apple, Alphabet, and Microsoft release reports.
Facebook is expected to report big growth thanks to ad revenue. But will concerns over the News Feed and the growing number of fake accounts spook investors? Amazon will likely beat estimates after the company reported record sales during the holiday season. Apple is also expected to beat estimates but questions are swirling about whether the iPhone X is a success or a flop. Alphabet, the parent company of Google, continues to make strides in the hardware space. Investors will be looking to see whether Google can keep up with rival Amazon in the smart home device industry. And finally, Microsoft will likely report a successful quarter thanks to its investment in cloud computing.
The Biden administration and major consumer technology players on Tuesday launched an effort to put a nationwide cybersecurity certification and labeling program in place to help consumers choose smart devices that are less vulnerable to hacking.
Elon Musk says Twitter is still losing cash because advertising has dropped by half. In a reply to a tweet offering business advice, Musk tweeted Saturday, “We’re still negative cash flow, due to (about a) 50% drop in advertising revenue plus heavy debt load.”
A First Amendment group sued Texas Governor Greg Abbott and others on Thursday over the state’s TikTok ban on official devices, arguing the prohibition – which extends to public universities – is unconstitutional and impedes academic freedom.
We've all heard the phrase time equals money. Well, Shopify has rolled out a meeting cost calculator in efforts to encourage people to empty their calendars of those unnecessary meetings.
ChatGPT-maker OpenAI and The Associated Press said Thursday that they've made a deal for the artificial intelligence company to license AP's archive of news stories.
Alexander Mashinsky, the former CEO of the failed cryptocurrency lending platform Celsius Network, has been arrested on federal fraud charges, including wire fraud, according to CNBC.
