EU News Digest Latest News & Updates
CNBC.com | Lora Kolodny Tesla’s electric vehicle plant in Fremont, Calif., January 19, 2019. Tesla’s January layoffs impacted at least 1,017 California employees, according to the company’s filings with the state’s Employment Development office that were obtained by CNBC. Bloomberg first reported on the number of California employees effected. Specifically, …
Read More »Google has been on a real estate spending spree
Adam Jeffery | CNBC Ruth Porat, CFO of Alphabet, at the New York Economic Club on May 22, 2017. Google has made several large real estate moves meant to provide room for more jobs, now including a 35-foot office tower in Austin, Texas, according to the Austin-American Statesman newspaper. The …
Read More »Foxconn does damage control over Wisconsin factory
BRENDAN SMIALOWSKI | AFP | Getty Images President Donald Trump (L) and Terry Gou, chairman of Apple iPhone manufacturer Foxconn, at a groundbreaking for Foxconn’s new LCD screen facility on June 28, 2018 in Mount Pleasant, Wisconsin. Foxconn says it’s moving forward with the construction of its Wisconsin facility after …
Read More »Here’s Netflix’s new intro that the company worked on for two years
Sylvain Lefevre | Getty Images Netflix Co-founder, Chairman & CEO Reed Hastings attends Q&A during Transatlantic Forum as part of Series Mania Lille Hauts de France festival on May 3, 2018 in Lille, France. Netflix is getting a new cinematic intro. The company spent two years revamping the short branded …
Read More »Amazon falls on fears of regulation in India and increased spending
Jim Watson | AFP | Getty Images Amazon and Blue Origin founder Jeff Bezos provides the keynote address at the Air Force Association’s Annual Air, Space & Cyber Conference in Oxen Hill, MD, on September 19, 2018. Amazon fell 4 percent Friday morning after the company announced on a call …
Read More »Apple investors still lack a reason to get really excited about stock
Stephanie Keith | Getty Images “Apple innovates like no other company on Earth, and we are not taking our foot off the gas,” said Apple CEO Tim Cook on the company’s earnings call Jan. 29, 2019. “For Apple the question is, will they introduce exciting new products and services?” he …
Read More »Go-Jek says it has closed the first round of Series F fundraising
Dimas Ardian | Bloomberg | Getty Images A Go-Jek motorcycle taxi driver travels through traffic in Jakarta, Indonesia, on Saturday, Aug. 4, 2018. Indonesian ride-hailing company Go-Jek said Friday it had finalized the first closing of its ongoing Series F fundraising efforts. Go-Jek’s release did not disclose the amount of …
Read More »AWS earnings Q4 2018
David Paul Morris | Bloomberg | Getty Images Andy Jassy, chief executive officer of web services at Amazon.com Inc., speaks during the Amazon Web Services (AWS) Summit in San Francisco, California, U.S., on Wednesday, April 19, 2017. Amazon’s cloud-computing division said revenue jumped 45 percent in the fourth quarter, as …
Read More »Amazon earnings q4 2018
Jim Watson | AFP | Getty Images Amazon and Blue Origin founder Jeff Bezos provides the keynote address at the Air Force Association’s Annual Air, Space & Cyber Conference in Oxen Hill, MD, on September 19, 2018. Amazon is reporting its all-important fourth-quarter earnings on Thursday after the bell. The …
Read More »Amazon is about to report earnings, and there’s one thing to watch
Amazon will be the latest FANG stock to report earnings with its release after the bell Thursday. And one market watcher expects the e-commerce leader to knock it out of the park. “We own this one and we continue to love the growth story,” said Mark Tepper, president of Strategic …
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