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AMD shares surge 14% after Google and Twitter sign on with EPYC chips

Lisa Su, president and chief executive officer of Advanced Micro Devices (AMD), holds a 3rd generation Ryzen desktop processor while speaking during a keynote session at the 2019 Consumer Electronics Show (CES) in Las Vegas, Jan. 9, 2019. David Paul Morris | Bloomberg | Getty Images Advanced Micro Devices jumped …

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Amazon’s PillPack expansion faces resistance from CVS and Walgreens

PillPack packet Source: PillPack As Amazon bolsters its PillPack business to take on the prescription drug market, industry stalwarts CVS and Walgreens are vigorously defending their turf, setting up a protracted battle between the old guard and the new. Amazon bought internet pharmacy PillPack last year, a deal that sent …

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Bob Iger forever changed Disney with 4 key acquisitions

Bob Iger attends the World Premiere of Walt Disney Studios Motion Pictures ‘Avengers: Endgame’ at Los Angeles Convention Center on April 22, 2019. Jeff Kravitz | FilmMagic, Inc | Getty Images Disney’s domination of the global box office in 2019 has been nearly 20 years in the making, under the …

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Big Tech plunges in market rout, led by slump in Apple, Microsoft

Tim Cook, CEO, Apple David Paul Morris | Bloomberg | Getty Images As U.S. stocks suffered their steepest drop of 2019, Big Tech was hit particularly hard. Microsoft, Apple, Amazon, Alphabet and Facebook — the five most valuable U.S. companies — lost a combined $162 billion on Monday, leading the …

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Cryptocurrency surges past $11000 amid trade worries

A man passes in front of a Bitcoin exchange shop in Krakow, Poland. Artur Widak | NurPhoto | Getty Images Bitcoin soared 9% on Monday, performing like a safe haven asset as it edged past $11,000 for the first time since around mid-July. The price of the world’s largest cryptocurrency …

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Apple stock drops on Trump tariff threat

Tim Cook, CEO of Apple, attends the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, U.S., July 10, 2019. Brendan McDermid | REUTERS Apple stock dropped sharply after President Donald Trump said on Thursday that the U.S. will put an additional 10% tariff on $300 billion …

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Apple, Fitbit results show smartwatch market becoming winner-take-all

James Park Mark Neuling | CNBC On Tuesday’s earnings call, Apple CEO Tim Cook commended his company for sticking with wearables “when others perhaps didn’t.” A day later, Fitbit CEO James Park struck a very different tone, telling investors in a press release that “we are disappointed to lower guidance …

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Jack Dorsey is having an epic year — and he’s not talking about it

Twitter CEO and co-founder Jack Dorsey gestures while interacting with students at the Indian Institute of Technology (IIT) in New Delhi on November 12, 2018. Prakash Singh | AFP | Getty Images Jack Dorsey is on a winning streak this year, but unlike some Silicon Valley CEOs, you probably won’t …

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Alleged Capital One hacker stole 100 million people’s data

Michael Nagle/Bloomberg | Getty Images A software engineer could be the lone wolf actor at the heart of Capital One’s recent data breach. The FBI arrested Paige Thompson, age 33, on Monday, after an investigation led federal authorities to believe she is responsible for the theft of over 100 million …

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Beyond Meat is giving insiders a quick way to cash out after 800% gain

Ethan Brown, founder and chief executive officer of Beyond Meat Inc., second right, looks at a monitor during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., on Thursday, May 2, 2019. Michael Nagle | Bloomberg | Getty Images Beyond Meat shareholders have enjoyed a …

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