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When big tech executives were invited to testify before Congress in September, Google opted to be represented by an empty seat rather than send its CEO, Sundar Pichai. That will change on Tuesday.
New Netflix streaming numbers from 7Park Data reveals Netflix might be well prepared to do well even as Disney and Fox pull their shows and movies.
Employer review website Glassdoor released its annual “Best Places to Work” report, consisting of the top 100 large companies to work for going into 2019.
Unfortunately, social network leaders still appear to be tone deaf regarding Myanmar's reported atrocities. Twitter chief Jack Dorsey posted a series of tweets encouraging followers to visit Myanmar after he'd been there for a birthday meditation retreat, seemingly ignoring widespread evidence of the country's government committing genocide against the Rohingya people and forcing hundreds of thousands of them to flee. As the New York Times' Liam Stack noted, the issue isn't just that Dorsey completely sidestepped the Myanmar government's actions -- it's that he did so despite social networking (mainly Facebook) playing an instrumental role in fostering massacres and other crimes.
(FB) stock climbed Monday after a (DBK) report called the social networking company the top large internet stock with an “extremely attractive” valuation. Facebook (ticker: FB), which rose as much as 2.6% Monday, was recently up 1.8% to $139.94. “We continue to view Facebook as the best risk/reward in large cap internet given the potential for core Facebook engagement to stabilize, for monetization in the Stories format to drive a potential re-acceleration in growth in mid-2019, for the negative news cycle to abate and given the extremely attractive current valuation,” Deutsche Bank analyst Lloyd Walmsley said in a note that reiterated a Buy recommendation on the stock.
In a court filing early Monday, Butina’s lawyers asked a federal judge to convene a hearing as soon as Tuesday at which Butina would change her plea, signaling she might admit guilt. Butina’s lawyers declined to comment on the request for a change-of-plea hearing. If Butina pleads guilty, that doesn’t mean she’s cooperating.
Today, SQN Investors, one of Yelp’s (YELP) top five stockholders, publically published a letter criticizing Yelp’s board and management. Yelp has struggled over the past few years. The stock fell 30% in a single trading day last month when the company announced its third-quarter results.
The Zacks Analyst Blog Highlights: Fiat Chrysler Automobiles, General Motors, Ford Motor, Honda Motor and Toyota Motor