Alphabet (GOOGL.O) exceeded second-quarter revenue and profit forecasts on Tuesday, driven by increased digital advertising sales and strong demand for its cloud computing services. However, the company warned that capital expenses would remain high for the rest of the year. The results highlight a robust demand for digital ads, boosted by events like the Paris …
On Monday, Google announced it will retain third-party cookies in its Chrome browser, reversing its earlier commitment to phase them out. The shift comes in response to concerns from advertisers, who argued that eliminating cookies from the world’s most popular browser would limit their ability to gather data for personalized ads, making them reliant on …
Google Abandons Plan to Eliminate Cookies from Chrome Read More »
It may take a bit more time for ether to emerge from bitcoin’s shadow. Investors are cautious and divided as they anticipate the U.S. launch of exchange-traded funds (ETFs) tied to ether’s spot price on Tuesday, contrasting with the excitement that preceded the arrival of bitcoin ETFs. “This will be less significant than people expect,” …
Cryptoverse: Investors Divided on Ether ETFs, Comparing Them to Zero-Yield Bonds Read More »
Negotiations over a global tax deal are continuing past the June 30 deadline, with governments now looking to the Group of 20 finance leaders meeting this week for progress on the stalled plan to reallocate taxing rights on large multinational companies. The “Pillar 1” arrangement, part of a 2021 global two-part tax deal, aims to …
G20 Focuses on Digital Tax Talks Amid Looming US Tariff Threat Read More »
Israeli cybersecurity startup Wiz has ended negotiations with Google parent Alphabet (GOOGL.O) regarding a reported $23 billion deal that would have marked the U.S. tech giant’s largest-ever acquisition, according to a memo from Wiz seen by Reuters. Wiz CEO Assaf Rappaport announced that the company would now focus on its planned initial public offering, aiming …
Wiz Cancels $23 Billion Deal with Google, According to Memo Read More »
Wipro’s (WIPR.NS) shares fell sharply on Monday morning, experiencing their biggest drop in over four years, as investors reacted negatively to the company’s weak growth. This downturn came as Wipro lagged behind rivals, who reported strong results and a rebound in client spending. By 10:46 a.m. IST, Wipro’s shares had dropped about 8%, impacting the …
Wipro’s shares plunge following Q1 results that raise growth concerns Read More »
On Friday, services across airlines, healthcare, shipping, and finance began to return to normal after a security software update error caused global computer system outages. This incident underscored the vulnerabilities within our interconnected technologies. Following the resolution of the outage, companies were left to handle backlogs of delayed and canceled flights, missed medical appointments, and …
Tech outage subsides following extensive disruptions Read More »
Microsoft reported on Saturday that a global tech outage linked to a software update from cybersecurity firm CrowdStrike (CRWD.O) affected nearly 8.5 million Microsoft (MSFT.O) devices. In a blog post, Microsoft stated, “We currently estimate that CrowdStrike’s update impacted 8.5 million Windows devices, or less than one percent of all Windows machines.” The update caused …
Cybersecurity firm CrowdStrike (CRWD.O) announced on Sunday that a substantial portion of the 8.5 million Microsoft (MSFT.O) devices affected by a global tech outage due to a software update are now back online and operational.
Shipments of semiconductors and other restricted goods through China and Hong Kong to Russia have decreased by 20% this year, according to the U.S. Commerce Department. However, Hong Kong remains a significant hub for evading sanctions, with transshipments of advanced components falling by 28% and those through mainland China dropping by 19%. The U.S. and …
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