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Tag Archives: Tech

Asia’s richest man receives $ 1.5 billion from the Saudi government for his tech war chest

Now he has attracted a powerful new investor with deep pockets: Saudi Arabia. The Kingdom’s sovereign wealth fund, the Public Investment Fund (PIF), is paying $ 1.5 billion for a 2.3% stake in Jio Platforms, the digital technology arm of Ambani’s extensive conglomerate, Reliance Industries. The deal announced on Thursday values ​​Jio Platforms at just under $ 68 billion. It’s …

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Tech companies in the Bay Area donated over $ 30 million after protests by George Floyd

Companies in the Bay Area, particularly in the technology industry, have made tens of millions of dollars available to groups focused on racial justice and police reform. The effort came when a Minnesota officer was charged with murdering George Floyd, a second-degree black man, whose death sparked protests around the world. Airbnb: The rental company will donate a total of …

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ZoomInfo Shoots Over 80% in First Tech IPO of Covid 19 Era

In the first tech IPO since corona virus shutdown much of the U.S. economy, ZoomInfo rose more than 80% on Thursday’s Nasdaq debut, underscoring investors’ continued appetite for high-growth subscription software companies. ZoomInfo, not to be confused with the video chat provider Zoom Video, valued its IPO on Wednesday at $ 21 after having previously raised the expected range to …

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Tech CEOs from Apple, Google and Tesla respond to protests by George Floyd

Google CEO Sunday Pichai wrote in an internal memo Friday that Google.org, the company’s philanthropy arm, has launched an internal fundraising campaign for organizations fighting for racial justice. Stephen Lam / Reuters Google will match each employee contribution up to $ 10,000, Pichai said in the memo received from Business Insider. Google has also added a black ribbon to its …

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Dow Jones futures hit overnight highs; 2 Tech Giants earn new buying points at the coronavirus vaccine rally

Dow Jones futures were trading at session highs late Tuesday, along with S&P 500 futures and Nasdaq futures after Tuesday’s upward session fueled by the optimism of the coronavirus vaccine. Tuesday’s Alphabet and Apple breakout stocks top five top stocks in or near shopping areas in the Coronavirus stock market rally. X. The stock market rally triggered the news about …

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Microsoft Build proves that lively tech events can be successful online

It was a familiar, assignable moment for those who were at home with children during the pandemic and who had sneaked into an important tele-meeting or TV segment. (Microsoft (MSFT)coincidentally or not, is currently broadcasting a TV commercial on this concept). However, this was a big moment for the company. According to Microsoft, more than 230,000 participants have registered for …

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Dow Jones Futures: Key Tech 2 Giant Results May Drive Market Rally; Tesla falls late

The Dow Jones futures were slightly lower late Monday, as were the S&P 500 futures and Nasdaq futures before a busy week with key earnings results as technology giants Advanced Micro Devices and Alphabet prepare to deliver their results late Report Tuesday. Meanwhile, the upward trend in coronavirus stock markets continued on Monday with strong gains as the US economy …

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Purdues Matt Haarms, this season’s No. 1 graduate transfer, commits to BYU through Kentucky, Texas Tech

BYU stood from head to toe with the big dogs in basketball and won. Thursday’s cougars secured a commitment from the highly regarded Purdue transfer Matt Haarms, who spurned Kentucky and Texas Tech for the opportunity to play off its final year of eligibility in Provo, Utah. Haarms is a 7-foot-3 center from the Netherlands that has made 40 career …

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