by Reuters | Jan 22, 2021 | Business, Economy, Technology, US
By Lewis Krauskopf NEW YORK (Reuters) – A bevy of major U.S. earnings reports next week led by Apple, Microsoft and Facebook could help technology and growth stocks reassert their dominance after a recent run by banks, energy and other potential beneficiaries of...
by Reuters | Jan 22, 2021 | Business, Entertainment and Lifestyle, Technology, US
By Krystal Hu and Joshua Franklin (Reuters) – Private equity firm TPG has entered into exclusive talks to acquire a minority stake in AT&T Inc’s satellite TV division, DirecTV, in a deal that would allow the U.S. wireless carrier to trim its net debt...
by Reuters | Jan 22, 2021 | Business, Technology, US
(Reuters) – IBM Corp missed Wall Street estimates for quarterly revenue on Thursday, hurt by a rare sales decline in its software unit as clients shied away from longer-term deals due to pandemic-induced economic uncertainty. The 109-year-old firm is preparing...
by Reuters | Jan 22, 2021 | Africa, Asia, Business, Science, Technology, US
By Paresh Dave OAKLAND, Calif. (Reuters) – Alphabet Inc is shutting down Loon after concluding the business, which offers balloons as an alternative to cell towers, is not commercially viable, Google’s parent company said on Thursday. Founded in 2011, Loon...
by Reuters | Jan 22, 2021 | Business, Economy, Elections, Politics, Technology, US
(Reuters) – Amazon.com Inc has filed a motion asking the U.S. National Labor Relations Board to halt the union election at its Bessemer, Alabama warehouse, scheduled to start Feb. 8. The company also requested a review of an earlier labor board decision to hold...
by Reuters | Jan 22, 2021 | Business, Europe, Politics, Technology, US
By Foo Yun Chee BRUSSELS (Reuters) – EU lawmakers have invited the chief executives of Amazon, Apple, Facebook and Alphabet to a Feb. 1 hearing in Brussels as they try to crack down on the powers of U.S. tech giants. The European Parliament will in the coming...
