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January 19, 2021
General Motors Leaps on Microsoft Self-Driving-Vehicle Effort Microsoft is part of a group of companies investing $2 billion into General Motors Cruise, the carmakers autonomous-vehicles effort. Author: Shares of General Motors ( MSFT) - Get Report partnered with the car companys driverless-car startup Cruise to speed autonomous vehicles to market. Shares of General Motors at last check jumped 8.3% to $54.10 while Microsoft shares climbed 0.4% to $213.45. The Redmond, Wash., software gia...
January 15, 2021
Progress Software shares fell, even as two analysts raised their price targets. The company swung to a quarterly profit and issued a mixed outlook.
January 15, 2021
Bumble originally revealed its plan for an IPO in September. Bloomberg reported then it could seek a valuation of $6 billion-$8 billion.
January 15, 2021
Reports say Cathie Woods ARK Next Generation Internet ETF bought 497,100 shares of Palantir.
January 14, 2021
WhatsApp's updated privacy policy covers messages between users and businesses, not chats with your friends, but the Facebook panic is real. If you're spooked, give these encrypted messaging apps a try.
January 13, 2021
Worlds Largest Dark Web Marketplace Taken Offline, Operator Arrested The 20+ servers used to run DarkMarket in Moldova and Ukraine have been switched off. By Matthew Humphries (Photo: Europol) The most notorious dark web marketplace was called Silk Road, but it was forcibly shutdown back in 2013. Now an international operation has managed to take down what was the worlds largest active dark web marketplace while also arresting the individual who ran it. As Europol reports, the marketp...
January 13, 2021
Palantir Falls as Citi Cuts to Sell on Valuation, Growth Prospects Palantir was downgraded to sell at Citi, which cited concerns about the software companys valuation and growth prospects. Author: Shares of Palantir Technologies ( PLTR) - Get Report were lower on Wednesday after analysts at Citi cut the software company to sell from neutral, citing concern about its valuation and growth prospects. Citi analyst Tyler Radke called the stock "vulnerable" in 2021. Radke nonetheless increased...
January 12, 2021
SolarWinds reveals in an SEC filing that it has found the source of the coding believed to have been used in recent corporate and government cyberattacks.
January 12, 2021
Snap Purchases Digital Mapping Company StreetCred Snap will take on four of the companys team members, including co-founder Randy Meech and Diana Shkolnikov. Author: Snapchat parent company Snap Inc ( SNAP) - Get Report confirmed Monday afternoon it had purchased StreetCred, a New York City-based location data startup. The acquisition, terms of which were not disclosed, will result in four StreetCred team members, including co-founders Randy Meech and Diana Shkolnikov, joining Snap, where ...
January 8, 2021
Hyundai says it will partner with Apple on a self-driving car, but then quickly shifts gears to say it has received requests from a number of technology suitors.