Waiting for Peter Thiel: big tech directors miss shareholder meetings

Waiting for Peter Thiel: big tech directors miss shareholder meetings

BOSTON (Reuters) – Some small investors who want to give a piece of their minds to big tech company directors are losing their only chance: many board members are skipping annual shareholder meetings. Companies that hold meetings online have some of the worst records for attendance. FILE PHOTO: Paypal co-founder Peter Thiel speaks at the […]

American tech giants are making life tough for startups

American tech giants are making life tough for startups

IT IS a classic startup story, but with a twist. Three 20-somethings launched a firm out of a dorm room at the Massachusetts Institute of Technology in 2016, with the goal of using algorithms to predict the reply to an e-mail. In May they were fundraising for their startup, EasyEmail, when Google held its annual […]

T-Mobile, Sprint say $26 billion deal would give U.S. tech lead over China

T-Mobile, Sprint say $26 billion deal would give U.S. tech lead over China

(Reuters) – T-Mobile US Inc (TMUS.O) and Sprint Corp (S.N) said on Sunday they had agreed to a $ 26 billion all-stock deal and believed they could win over skeptical regulators because the merger would create thousands of jobs and help the United States beat China to creating the next generation mobile network. The agreement […]

Tobacco and tech drag on Wall Street; yields boost banks

Tobacco and tech drag on Wall Street; yields boost banks

NEW YORK (Reuters) – Wall Street’s three major indexes closed lower on Thursday, with tobacco stocks leading a tumble in consumer staples while concerns about smartphone demand hurt the technology sector and rising bond yields and earnings helped financials rebound. The market pared some losses late in the session after Bloomberg reported that Deputy Attorney […]

The world’s largest-ever tech deal now depends on Qualcomm

The world’s largest-ever tech deal now depends on Qualcomm

Hock Tan hones the art of the deal VALENTINE’S DAY might seem like a good time to discuss a proposal. But whether it brought luck to Broadcom’s attempt to woo its rival chipmaker, Qualcomm, is still unclear. As The Economist went to press, a meeting between the boards of both firms to discuss Broadcom’s bid […]

Sidewalls Block. rallies for fifth vertical sitting on tech take

(Reuters) – Wall Street surged on Thursday to notch its fifth straight session of gains, led by Apple and other technology stocks as investors shrugged off recent inflation worries that sent the market into a sell-off at the start of the month. Apple Inc jumped 3.36 percent and contributed more than any other stock to […]

‘Truth about Tech’: Ex-Silicon Canyon insiders commence strategy against ‘erosive’ websites

‘Truth about Tech’: Ex-Silicon Canyon insiders commence strategy against ‘erosive’ websites

Ex-Silicon Valley executives, who helped to build Google and Facebook into the tech giants they are today, are joining forces to challenge the companies’ “erosive” effect on society and create a cultural awakening. The Center for Humane Technology – co-founded by Tristan Harris – a former design ethicist at Google, is working with non-profit Common Sense Media to […]

Tech tugs Wall Street lower, investors fret about tax cut delays

Tech tugs Wall Street lower, investors fret about tax cut delays

(Reuters) – Wall Street stocks dropped on Thursday, weighed down by losses in Microsoft and other technology issues as investors turned their attention to a U.S. Senate Republican plan that would delay corporate tax cuts that investors want very much. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, […]

Wall St. ends strong October higher as tech, staples lead

Wall St. ends strong October higher as tech, staples lead

(Reuters) – A jump in shares of consumer companies Mondelez and Kellogg after their quarterly reports on Tuesday, along with further gains for tech stocks, helped Wall Street end October on a positive note. The three major indexes tallied their best monthly gains since February. Mondelez (MDLZ.O) jumped 5.4 percent after the Oreo cookie maker […]