The size of the text Average / Dreamtime Shares of chip makers Intel And Advanced Micro Devices released a report late Friday night Micro .ft Azure is working to develop its own microprocessors for the servers used in the cloud service and possibly its personal computers on its surface. Bloomberg …
Read More »Tech giants in Europe face new rules, backed by huge fines
European officials want new powers to oversee the internal affairs of large tech companies such as Facebook Inc., FB -0.55% The multibillion-dollar leer is backed by threats of fines as they seek to expand their role as global tech implementers. The European Union’s executive branch on Tuesday proposed two bills …
Read More »Ready for another big tech hearing / earnings doubleheader?
Three months ago, Big Tech’s biggest names were caught up in a congressional hearing that was rigged by politicians for their business dominance, then paraded in front of Wall Street a day later to appease them for their financial dominance. Someone must have enjoyed it, because it is going to …
Read More »Amazon calls Echo Dot, Lego and Irobot among the best sellers of Prime Day
Amazon.com Inc. AMZN, -1.43% Its Prime Day event for 2020 is wrapped up, and says its own Echo Dot device, Lego Star Wars Stormtrooper helmet and Irobot Romba robot vacuum are among the best sellers. Prime Day was held in 19 countries on 13 October and 14 October. India’s Prime …
Read More »Stock market leaders appear to be the most sensitive to Biden’s tax plan
Major U.S. Technologi shares are sensitive to the rise in corporate-tax, which could lead to a Democratic sweep in November, potentially reducing one of the strongest drivers of market recovery this year. Bofa Global Research estimates that the tax proposals will reduce the expected revenue of companies in the S&P …
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