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Bloomberg | Bloomberg | Getty Images Jeff Bezos, founder and chief executive officer of Amazon points to an aquarium while touring the Spheres during opening day ceremonies at the company’s campus in Seattle, Washington, in 2018. The Spheres, a new gathering and working space for Amazon employees located in the …
Read More »Yearly Archives: 2019
If you invested $1,000 in Netflix in 2007, here’s what you’d have now
Video-streaming giant Netflix announced Tuesday that it is raising prices between 13 and 18 percent for new and existing customers. That’s the most substantial increase in its history. Following the announcement, the company’s stock shot up more than 6 percent. If you had invested in Netflix in 2007, when it …
Read More »Homeland Security ready to protect Trump’s State of the Union
Samuel Corum | Anadolu Agency | Getty Images President Donald Trump gives his first State of the Union address to Congress and the country in Washington, United States on January 30, 2018. Kirstjen Nielsen, the secretary of the U.S. Homeland Security Department, on Wednesday pushed back on a suggestion by …
Read More »Steve Carell reportedly to get millions for Netflix ‘Space Force’
Justin Sullivan | Getty Images Actor Steve Carell speaks on stage during the ‘We Are One: The Obama Inaugural Celebration At The Lincoln Memorial’ on January 18, 2009 at the National Mall in Washington, DC. Netflix may beat the White House to creating the first iteration of a military branch …
Read More »Verizon deepens ties with Apple, offers free Apple Music to some US customers
Chris Ratcliffe | Bloomberg | Getty Images A man dances to music being streamed on his Apple iPhone whilst framed against a wall bearing the Apple music symbol . Verizon said on Tuesday it will include free Apple Music subscriptions in some of its top-tier U.S. data plans, deepening its …
Read More »Citigroup says female workers earn 29% less than male workers
Simon Dawson | Bloomberg | Getty Images Michael Corbat, CEO of Citigroup Citi, one of the world’s largest banks, said Wednesday that its female employees earn 29 percent less than its male employees globally. A study by the bank shows that the median pay for women globally is 71 percent …
Read More »The winners and losers of the Detroit auto show
Rebecca Cook | Reuters Members of the media look at General Motors 2020 Cadillac XT6 SUV after it was revealed on the eve of press days of the North American International Auto show in Detroit, Michigan, January 13, 2019. Cadillac was caught with its pants down when the crossover craze …
Read More »Top analysts’ 5 favorite growth stocks set to rally in 2019
Five-star JP Morgan analyst Doug Anmuth (Track Record & Ratings) picks e-commerce giant Amazon as one of his best ideas for 2019. He calls the valuation ‘compelling’ and predicts a revenue re-acceleration in Q1 2019. That’s with Amazon Web Services and advertising driving 80 basis points of operating margin expansion …
Read More »Xiaomi has lost 40% of its value since its IPO last year
China’s Xiaomi, once dubbed the “Apple of China,” is in the middle of a months-long rout and facing familiar headwinds in the global smartphone market. The stock has shed 25 percent this year, plummeting to all-time lows and trading below 10 Hong Kong dollars. The company’s market cap now hovers …
Read More »Recorded Future research shows how Iranian hackers collaborated
Iranian Presidency |Handout | Anadolu Agency | Getty Images Iranian President Hassan Rouhani holds a press conference on Trump’s withdrawal decision from Iran nuclear deal in Tehran, Iran on May 8, 2018. Iranian hackers have congregated since at least 2002 in online forums to share tips on the best ways …
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