Amazon’s annual shopping holiday is a significant positive driver for the company’s e-commerce leadership and even its stock price. Cowen told its clients the company’s Prime Day is a key benefit for its Prime subscriber base. Only Amazon Prime members can take advantage of Prime Day discounts, which starts Monday 3 p.m. EDT this year. […]
Read moreMicrosoft has made progress in important ways following changes instituted in its sales organization last year, according to executives there. Investors seem to like whatever the company has been doing. Microsoft’s stock has continued to hit all-time highs in recent weeks, like other tech giants Alphabet, Amazon, Apple and Facebook. And the company is gaining […]
Read moreThe price of bitcoin surged Monday after a report said that BlackRock has set up a working group to explore ways of taking advantage of the cryptocurrency market. The world’s most valuable virtual currency by market value jumped more than 4 percent to around $6,612, according to industry website CoinDesk, which tracks prices from a […]
Read moreThe decline in Cisco Systems shares last week is a good buying opportunity, according to Bank of America Merrill Lynch. The firm reiterated its buy rating for Cisco Systems shares, downplaying the competitive threat from Amazon in the switch business. The company’s stock declined 4.1 percent on Friday after a report by The Information that […]
Read moreWe all expect privacy, especially when it comes to our phones. But how do we feel about upholding the privacy of criminals and terrorists? And what should we do if the information needed to catch or prosecute a criminal – or potentially save lives – is locked away in someone’s encrypted phone? One problem the […]
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The biggest feature that’s included with Amazon Prime is its free, two-day shipping, which the company says is offered on hundreds of millions of items, along with same-day delivery on some items. But that’s not the only way to get stuff shipped to you to for free. If you don’t mind waiting a bit longer, […]
Read moreNetflix shares got a rare Wall Street downgrade from Buckingham Research Group on the day the online television and firm streaming provider is set to report second-quarter earnings. Buckingham downgraded the stock to underperform from neutral and lowered its price target to $301 from $333. The new target implies a 16 percent drop from Friday’s […]
Read moreAmazon workers in Spain went on strike Monday to protest working conditions at the e-commerce giant’s warehouses, just as its massive Prime Day sales kick off. A group called Amazon En Lucha organized the walk out at the company’s fulfillment center just outside the Spanish capital of Madrid. The strike will last until July 18 […]
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With any new technology, particularly where large amounts of money is involved, there will be scrutiny from regulators and scams. ICOs have seen both. But the new nature of these digital token issuances has meant that the regulatory landscape globally is fragmented with each country looking at ICOs in different ways. Are ICOs legal? The […]
Read moreHistorian Yuval Harari says the study of the past has taught him an important lesson for the future. “One things that history teaches us is that we should never underestimate human stupidity,” said Harari, a professor at The Hebrew University of Jerusalem and author of books that have been recommended by the likes of Microsoft […]
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