Tag: tech

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  • Sundar Pichai

    Google CEO awarded $199 million in stock

    Google CEO Sundar Pichai is now one of the most well-compensated chief executives in the world. Google has awarded the well-known and admired Pichai with $199 million in Google stock. Google granted 273,328 Class C shares to Pichai on February 3, according to a regulatory filing. In order to fully cash out, Pichai will need […]

  • USB-C cords are frying electronics

    USB-C cords are frying multiple electronics at one time

    If you’re thinking about purchasing a cheap USB-C (Type-C) charging capable, you might want to second guess your buying decision. USB Type-C is a small, multipurpose, universal, reversible cable that is quickly becoming a new standard in electronics charging. It’s also responsible for multiple pieces of electronics at the same time. The new USB-C cords […]

  • Toshiba losses are worst than expected

    Toshiba shares tank after $6 billion loss

    Troubled electronics maker Toshiba has posted a loss of 710 billion yen or roughly $6 billion for the year. That’s a pretty big increase from an estimated loss of 550 billion reported in December. The news drove the stock price down 11% by the end of the trading day in Tokyo. Officials at the company said […]

  • Mark Zuckerberg and Facebook Wealth

    Mark Zuckerberg is now the world’s fifth richest person

    Mark Zuckerberg’s wealth is increasing very quickly. On Tuesday, Facebook shares continued to push upwards, allowing Zuckerberg to pass Amazon CEO Jeff Bezos and become the fifth richest person in the world. His new wealth placement arrives less than a week after he passed Oracle Chairman Larry Ellison as the world’s six richest person. Zuckerberg […]

  • Zika Virus

    Mark Zuckerberg announces plan to fight Zika virus

    Facebook CEO Mark Zuckerberg has announced his company’s plan to help fight back against the Zika virus. Facebook has partnered with the non-profit Abrasco Divulga in Brazil as part of an effort the company is rolling out across Latin America. The Zika Virus has now been reported in more than 20 countries. The virus is most […]

  • Alphabet is worlds most profitable company

    Alphabet is the world’s most valuable company as Apple shares sink

    Alphabet Inc., the newly formed parent company for Google, Nest, and a host of other companies, is now more valuable than Apple Inc.  The median target price for Alphabet shares among 31 analysts rose to $924 on Monday, following the company’s strong financial earning’s report. If those prices hold true, Apple could be worth $628 billion […]

  • Mark Zuckerberg personal wealth

    Mark Zuckerberg’s wealth just passed the Koch brothers

    Facebook founder and CEO Mark Zuckerberg is now richer than the Koch brothers. Zuckerberg’s wealth increased by $6 billion Thursday after Facebook reported a stellar quarter with record revenue. That increase in stock price grew Zuckerberg’s fortune to $47.5 billion or No. 6 on Bloomberg’s list of the wealthiest people in the world. Zuckerberg surged past […]

  • Facebook earnings Q4 2015

    Facebook continues to destroy earnings expectations

    Facebook has destroyed analysts expectations on several key metrics, including sales and profit, and new user growth. The company reported on Thursday that Facebook brought in $5.8 billion— growth of 52%. The company also earned $1.6 billion in profit — an insanely high 123% increase from a year earlier. Mobile ad revenue also increased, now making up 80% of […]

  • Lyft

    Lyft agrees to pay $12.25 million in driver lawsuit settlement

    Lyft has agreed to pay $12.25 million and offer new termination protections under a class action lawsuit settlement. Drivers under the agreement will still not be considered employees. Lyft was sued by its drivers after they claimed they were misclassified as independent contractors instead of employees. The drivers said they were entitled to expense reimbursement and overtime. […]

  • IBM sales decline for 15 straight quarters

    IBM sales have fallen for 15 straight quarters

    IBM sales have declined for 15 straight quarters. The company announced on Tuesday that its fourth-quarter sales fell 8.5% from a year ago. It wasn’t the rosy 2015 Big Blue had hoped for. The company initially expected profit to reach $20 a share, instead the company ended 2015 at $14.92. IBM abandoned its $20 hopes […]