Technology Companies Embrace Discipline and Cash Distribution Technology firms are experiencing a familiar lesson from Wall Street: as they mature, their size tends to shrink. Both Meta and Amazon saw an increase in their shares on Friday, following their fourth-quarter earnings reports. Despite exceeding revenue estimates, investors were drawn to their ability to achieve more…
Tech Earnings Report: AI Investment Strategies and Trends Introduction It was a big week for tech earnings, with Microsoft, Meta, Alphabet, Amazon, and Apple all reporting over the past few days. Artificial intelligence was a prominent focus in their discussions. Investing in AI at Scale Executives emphasized the need to invest in AI to drive…
Federal Prosecutors Charge German Businessman in $150 Million Crypto Fraud Scheme Federal prosecutors announced on Friday that charges have been brought against a German businessman for allegedly defrauding investors out of more than $150 million in a cryptocurrency fraud scheme. Horst Jicha, the founder and CEO of USI Tech, a crypto mining and trading platform,…
**Tech Support Scam Leaves Retiree Penniless: The Growing Threat to Older Americans** Marjorie Bloom, a retired civil servant and widow, fell victim to a tech support scam in the spring of 2021 that left her devastated financially. The scam, which is becoming increasingly common and targets older adults, resulted in Bloom losing her entire life…
Important News Items for Investors 1. Bonds Surge The three major averages on Wall Street, namely the S&P 500 and the Nasdaq Composite, are heading for a losing week after the Federal Reserve hinted at a potential rate hike. This week, both indexes have experienced a decline of 2.7% and 3.5% respectively, making it their…
Listen here or wherever you get your podcasts. Welcome back to Equity, the podcast that delves into the business of startups, uncovering the numbers and nuances behind the headlines. In today’s episode, we have the pleasure of having Kirsten join Mary Ann and Alex once again. It’s always a treat to have her on the…
: US Venture Capital Shifts Focus to Domestic Investments as China Tech Market Closes Introduction When President Joe Biden announced an executive order last month limiting U.S. investment in critical technologies in China, the venture capital community hardly blinked. New Opportunities in the US With the door to the Chinese tech market closing, venture capitalists…
Former Goldman Sachs Trader Building Urban Utopia in California Faces Scrutiny The Vision Jan Sramek, a former Goldman Sachs trader, has been quietly working to build an urban utopia in California nestled near San Francisco and Silicon Valley. His company, Flannery Associates, has spent over $800 million acquiring thousands of acres of farmland. The goal…
Religions in Starfield Starfield, the highly anticipated game from Bethesda, is set to release on September 6 for Xbox Series and PC. As the release date draws near, Bethesda has been unveiling new information about the game, including its timeline and the presence of various religions in the Starfield universe. The Timeline According to Bethesda,…
Tech Nonprofit Garbo Ends Partnership with Match Group | The Latest News Tech Nonprofit Garbo Ends Partnership with Match Group Tech nonprofit Garbo announced today it’s ending its formal partnership with Match Group, the dating app giant behind Tinder, Plenty of Fish, Match and other apps. The two companies first teamed up in 2021, when…
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