Tech firms are suddenly the corporate world’s biggest investors

Apple’s new quarters has created 7,200 new jobsites Business and dollars fmsmnewsFMSMNews.com is a news aggregator and opinions blog. We aim to showcase news from various Alternative News Outlets to expand the reach away from MainStream Media polarizing tactics. This site is owned and operated by Underlab Media Productions, Inc. http://www.denvermediadesign.com New York Magazine [Print […]

Chinese and US tech giants go at it in emerging markets

Chinese and US tech giants go at it in emerging markets

TWO contests are under way in which titans holding billions in their thrall vie for global domination. One is unfolding on Russian football pitches and features the likes of Neymar and Harry Kane. The other is playing out on the smartphone screens of consumers in India, Indonesia, Brazil and other emerging economies. There, American online […]

Wall Street ends higher, helped by tech rally

Wall Street ends higher, helped by tech rally

(Reuters) – Wall Street ended higher on Monday after a choppy session, with gains in Apple and other technology stocks offsetting worries about an escalating trade war between Washington and its trading partners. Microsoft Inc (MSFT.O), Facebook Inc (FB.O) and Apple Inc (AAPL.O) each rose 1 percent or more, pushing the S&P 500 information technology […]

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 […]