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Technology
Nuance Stock Rallies on Microsoft’s US$19.7B deal
April 13, 2021 12:24 AM PDT| By Team Kalkine MediaSource: Pixabay Summary Microsoft will pay US$56 per Nuance share, which represents a 23 percent premium on Friday’s closing price. The US$19.7 billion all-cash transaction, which includes debt, is expected to be completed in 2021. Nuan...
Palantir (NYSE:PLTR) Stock Climbs 135% Since September 2020 Debut
April 13, 2021 12:06 AM PDT| By Team Kalkine MediaSource: Bro Crock, Shutterstock Summary The data analytic firm went public on NYSE in September 2021 through a direct listing. Palantir’s revenue in 2020 rose 47 percent year-over-year to US$1.09 billion. The Denver-based company antici...
Facebook Removes 16,000 Groups over Fake, Misleading Reviews
April 09, 2021 01:36 PM PDT| By Team Kalkine MediaSource:pkstudio, Shutterstock Summary The UK competition watchdog finds evidence of fake reviews on Facebook and Instagram. The social media giant had removed 188 groups earlier after CMA highlighted such concern. The authority has also flagg...
How is Intel turnaround going?
March 24, 2021 11:15 PM PDT| By Tribhuwants and raised first quarter FY21 guidance due to better trading conditions. Late last year, Third Point LLC Chief Executive Daniel Loeb asked the firm to improve shareholder value after buying a stake in Intel. He highlighted that Intel competi...
Amazon To Offload Nearly 5% Stake From Deliveroo In IPO
March 23, 2021 07:00 PM PDT| By Team Kalkine MediaSource:Sundry Photography, Shutterstock Summary Amazon could raise as much as US$148 million from its 5 percent stake sale in Deliveroo IPO. The US company will continue to hold around 11.5 percent stake after the listing. The retailer would...
Apple Fends Off First Legal Challenge After App Privacy Changes
March 17, 2021 07:11 PM PDT| By Team Kalkine MediaSource:Rido, Shutterstock Summary French competition authority deflects move against Apple over its new app privacy settings. Apple to restrict third-party access of its users’ browsing data through an opt-in option. Big Tech companies...
Zoom continues its wild ride, caps off FY21 with stellar Q4 results
March 02, 2021 01:08 AM PST| By Team Kalkine MediaSource:Ink Drop, Shutterstock Summary Zoom witnessed exceptional growth during the pandemic period, as more and more people started using the video calling app. The company delivered strong numbers for Q4 and FY21. Zoom is expecting robust gr...
Square Stock (NYSE:SQ) Trends After USD 170 million Bitcoin Investment
February 24, 2021 01:46 PM PST| By Team Kalkine MediaSource:TZIDO SUN, Shutterstock Summary Square Inc stock surges as company increases stake in Bitcoin to USD 220 million. Its revenues grew by 140 percent to USD 3.03 billion in the third quarter of 2020. It was among the top volume leaders, w...
Will Facebook and Google pull out of Australia?
February 18, 2021 10:30 AM PST| By Team Kalkine Mediaustralia plan is unclear for the moment but agrees to pay US media giant News Corp. News organizations and tech and social media companies have shared a symbiotic relationship until now, but that may change if Australia has its way. Canberra is...
Reddit Valuation Soars To $6 Billion After Latest Fundraiser
February 10, 2021 11:07 AM EST| By Kunal SawhneyRiding high on the wave of attention for the role of one of its communities wallstreetbets that sent the US stock market into a frenzy, social media giant Reddit raised $250 million in series E funding on Monday. Founded in 2003, the compa.....
Three US Technology Stocks That Might Make Waves In 2021
February 04, 2021 01:18 AM PST| By Team Kalkine MediaSource: Viktoriia Hnatiuk, Shutterstock The S&P 500 index and tech-heavy NASDAQ index have managed to fare particularly well even during the challenging period of the coronavirus pandemic. However, many analysts believe that the high-perfor...
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BNPL stocks react after the UK proposed regulatory changes
February 03, 2021 08:55 PM PST| By Team Kalkine MediaThe unsecured credit market has been expanding with each passing year. The growing need for credit has risen for the diverse range of goods, demanded by consumers. The popularity of digital lending in the recent past has further expanded the credit.....
Uber Acquires Alcohol-Delivery Service Drizly for USD 1.1 Billion
February 03, 2021 11:53 AM PST| By Team Kalkine MediaSource:structuresxx, Shutterstock Summary The deal is expected to give huge boost to Uber’s market position along with other services. Uber stocks were priced at around USD 56 a share at close on Tuesday. Covid restrictions have opened...
US tech giants’ Stocks to stay on a roll in 2021 after a stellar 2020
February 03, 2021 08:17 AM PST| By Team Kalkine MediaSource: SFIO CRACHO, Shutterstock Summary The developments surrounding COVID-19 have triggered an increased shift towards technology products and services. The past year has been an outstanding time for tech companies with staggering grow...
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Apple Taps Bond Market for the Third Time Amidst Aggressive Share Buybacks and Dividends
February 02, 2021 06:08 PM PST| By Team Kalkine MediaApple Inc plans to sell USD 14 billion worth of bonds in order to take advantage of the current cheap borrowing cost, tapping the market for the third time since May 2020. while funding operations like share buybacks. Image Source: © Kalkine...
Here are 3 Trending Tech Stocks to Look at in 2021
February 02, 2021 09:47 AM PST| By Team Kalkine MediaSource:Things, Shutterstock Summary Tech stocks are on the move considering the sudden shift towards digital businesses observed over the last year. Three stocks that could make a mark in the coming year are: Veeva systems, iRobot and Qualcomm...
3 tech stocks to watch out for in 2021
February 02, 2021 01:05 AM PST| By Team Kalkine Mediaproducts and services, giving them profitable quarters during the end of 2020. The U.S. has dominated the global technology industry with some of the world’s tech leaders originating from the country. Tech leaders like Apple, Amazon, Face....
Dow Recovers as Big Tech Players Report Record Quarterly Earnings
January 21, 2021 08:07 AM PST| By Team Kalkine MediaSource: ESB Professional, Shutterstock Summary Alphabet and Amazon reported their quarterly financial reports, showing significant improvement in company revenues owing to accelerated online business. Alphabet’s revenue went 23% up...
‘Fintech’ Express to race in 2021!
January 21, 2021 12:57 AM PST| By Team Kalkine MediaSource:PopTika, Shutterstock 2021 is going to witness some of the most remarkable innovations coming from the FinTech sector. From BNP (Buy Now Pay Later) to newer payment innovations, the Fintech Express in expected to race faster in 2021. We hav...
Alibaba (NYSE:BABA) Stocks Surge As Jack Ma Resurfaces After 3 Months
January 20, 2021 06:43 AM PST| By Team Kalkine MediaChinese business magnate Jack Ma finally reappeared in the public eye on Wednesday, January 19, after months of speculation about him missing since slamming the Chinese government back in October. A clip* of Mr Ma delivering a speech at the online.....
