EU News Digest Latest News & Updates
Victor J. Blue | Bloomberg | Getty Images Catherine Bessant, Bank Of America Bank of America’s technology and operations chief Cathy Bessant isn’t losing sleep over Apple’s new credit card. Bessant, who has led the bank’s tech division since 2010, was asked by CNBC’s Deirdre Bosa what her reaction was …
Read More »Pichai will meet with military chief about Google’s AI work in China
Andrew Harrer | Bloomberg | Getty Images Sundar Pichai, chief executive officer of Google LLC, arrives to the White House for a meeting in Washington, D.C., U.S., on Thursday, Dec. 6, 2018. Google CEO Sundar Pichai will meet with Joint Chiefs of Staff Chairman Gen. Joseph Dunford Wednesday after the …
Read More »Online mattress retailer Casper to hire IPO underwriters — sources
Rachel Murray | Getty Images A view of the Casper mattresses during Casper’s LA celebration at Blind Dragon on July 9, 2015 in West Hollywood, California. Casper Sleep Inc, the U.S. online mattress retailer whose investors include actor Leonardo DiCaprio and rapper 50 Cent, is seeking to hire underwriters for …
Read More »EU demands scrutiny of 5G risks but no bloc-wide Huawei ban
Lluis Gene | AFP | Getty Images Visitors pass in front of the Huawei’s stand on the first day of the Mobile World Congress in Barcelonaon on February 27, 2017 in Barcelona. EU nations will be required to share data on 5G cybersecurity risks and produce measures to tackle them …
Read More »Guy Kawasaki on the state of innovation at Apple
“We have our iPhones and iPads, and we know they will get better and better. But that’s not the test for Apple. People want Apple to create new categories, not just better and better versions of what they already have.” Indeed, some users were not overly impressed with the second …
Read More »US trade judge recommends import ban on some Apple iPhones
Stuart C. Wilson | Getty Images Entertainment | Getty Images General view of customers at the Apple Covent Garden re-opening and iPhone XR launch at Apple store, Covent Garden on October 26, 2018 in London, England. A U.S. trade judge on Tuesday recommended Qualcomm be granted a request for an …
Read More »Oprah had best explanation for what Apple’s TV event was really about
David Paul Morris | Bloomberg | Getty Images Tim Cook, chief executive officer of Apple Inc., waves while onstage with Oprah Winfrey, chief executive officer of Oprah Winfrey Network LLC, during an event at the Steve Jobs Theater in Cupertino, California, U.S., on Monday, March 25, 2019. Apple talked a …
Read More »Tesla could rally nearly 40 percent, but it may not be a buy: Analyst
Analysts either love or hate Tesla. RBC slashed its price target on Monday, suggesting 20 percent downside, and reiterated an underperform rating. Meanwhile, the rest of the Street has an average $335 target, which implies 30 percent upside. Technical analyst Ari Wald is in the hate-it camp, arguing that aimless …
Read More »3 tech safety trades you can hide in as bond yields fall
Bond yields have tumbled as global economic fears have heightened. For those seeking safety in the tech trade, these three sector plays could provide shelter, says Ari Wald, Oppenheimer’s head of technical analysis. “Key for us is seeing this drop in interest rates the world over and signaling the threat …
Read More »Apple News+ crashing on first day
Michael Short | Getty Images Roger Rosner, vice president of applications at Apple Inc., speaks during a company product launch event at the Steve Jobs Theater at Apple Park on March 25, 2019 in Cupertino, California. Just one day after a splashy and star-studded Apple event where the company announced …
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