Appen shares slide another 24pc after earnings miss
The reality of Apple’s iOS privacy changes hit home for Appen in 2021, as its big tech giant customers altered their spending.
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The reality of Apple’s iOS privacy changes hit home for Appen in 2021, as its big tech giant customers altered their spending.
Analysts believe Appen’s big weaknesses are also its strengths and there’s every chance the business could rebound.
Big tech regulatory crackdown hits Appen Save Share Pretax profit ($m) 63.5 v 55.1 Net profit 50.5 v 41.6 Final dividend 5.5c v 5c, payable on March 19Â Increasing regulatory scrutiny on big tech giants worldwide has compounded a reduction in advertising-related artificial intelligence program spend from companies such as Facebook, Microsoft and Google, creating headwinds for Appen. The artificial intelligence data services company, which counts the worldâs largest tech companies as customers, took a share price hit of 12 per cent on Wednesday, falling to $17.81, after its full-year r...
How this architect built Whispir into a tech star Jeromy Wells tried to build a tech platform for the architecture industry. He ended up turning Whispir into a local tech star with plans to head for the US. Share Jeromy Wells, the founder of one of the hottest tech stocks on the ASX, is talking about bricklaying. No, it isn’t a metaphor for the way he’s carefully built digital communications software provider Whispir, which has seen its share price more than double in the past 12 months thanks in part to a COVID-19-inspired surge in demand from businesses urgently trying to accelerate the...