Amazon.com made history on Tuesday as it becomes the second publicly traded US company to reach the historic threshold after Apple.
News, Software
Snapchat set to outstrip Twitter, Yahoo & AOL in ad cash
Snapchat could surpass Twitter, Yahoo and AOL in advertising revenue within three years, with the messaging app company forecast to bring … 0 1962
Amazon bumps Google as Wall Street’s second most valuable firm
Amazon.com has reportedly became the second most valuable publicly listed US company on Tuesday, surpassing Google parent Alphabet for the first time, according to Reuters.
SEC cracks down on cryptocurrencies
The Securities and Exchange Commission (SEC) is cracking down on FinTech companies issuing initial coin offerings (ICOs), and has served …
Bitcoin soars above $12,000 for the first time
Bitcoin broke above the $12,000 mark Wednesday morning Asia-time, as the cryptocurrency continued its march higher, according to CNBC. As of …
Bitcoin plunges 29% from record high
Bitcoin plunged as the cancellation of a technology upgrade prompted some users to switch out of the cryptocurrency, spooking speculators …
Twitter CEO continues to forgo compensation
According to a Reuters report, Twitter CEO Jack Dorsey, continued to forego direct compensation, a regulatory filing showed recently.
Oracle’s shares surge as cloud services take off
Oracle’s shares jumped more than five per cent, beating analysts’ expectations, after the company signaled growing demands from its cloud-based services.
FireEye: Cyber threat group targets Wall Street
FireEye has recently released an intelligence report that assesses that a financially motivated advanced threat group has been carrying out ongoing attacks against publicly traded companies in an attempt to play the stock market.
Wall Street Beat: Tech stocks hit 13-year high as PC sales plummet
The Nasdaq computer index Friday hit its highest point since November 2000, in the wake of the dot-com bust, despite mixed reports this week from the hardware and components sector.
Cisco issues grim forecast after falling short in emerging markets
Cisco Systems stunned Wall Street on Wednesday with a gloomy financial forecast it blamed on falling demand in developing countries and transitions in some of its product lines.