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Technology & Computers News

Thu, Jul 29th, 2021
Nikola founder Milton freed on $100M bail after fraud arrest

NEW YORK (AP) — The founder and one-time executive chair of Nikola Corp. was freed on $100 million bail Thursday after pleading not guilty to charges alleging he lied about the electric and hydrogen-powered...

NKLA : 12.71 (-10.43%)
In Robinhood's stock debut, a tumble and then sharp swings

NEW YORK (AP) — Robinhood made its own leap into the stock market Thursday, the one it helped reshape by bringing millions of new investors to Wall Street, and its initial reception was wild.

German court faults Facebook's past handling of hate speech

BERLIN (AP) — A German federal court on Thursday faulted aspects of Facebook's handling of “hate speech," at least in the past. It ruled that the social network giant can't delete posts without at...

Russia fines Google for violating data storage law

MOSCOW (AP) — A Moscow court ordered Google on Thursday to pay a fine of 3 million rubles (roughly $41,000) for refusing to store the personal data of Russian users on servers in Russia, a move that...

Nokia profit substantially up on new operating model, 5G

HELSINKI (AP) — Wireless network maker and 5G technology provider Nokia reported substantially improved second-quarter profit Thursday, citing the help of its new operating model and booming sales of...

Asia stocks advance, tech giants rally after Fed report

SINGAPORE (AP) — Asian stocks mostly rose Thursday after the Federal Reserve kept its accommodative monetary policies and signaled that economic recovery was on track.

TSLA : 679.40 (+5.01%)
BA : 232.85 (+0.55%)
PFE : 42.79 (-1.52%)
BIDU : 167.14 (+0.22%)
Google delays return to office, mandates vaccines

SAN RAMON, Calif. (AP) — Google is postponing a return to the office for most workers until mid-October and rolling out a policy that will eventually require everyone to be vaccinated once its sprawling...

GOOGL : 2,720.36 (-0.06%)
MS : 96.40 (+0.34%)
Facebook profits top $10B as its CEO exalts the 'metaverse'

Concerns about a revenue growth slowdown pushed Facebook's shares lower in after-hours trading Wednesday, not long after the company reported that its second-quarter profits doubled thanks to a massive...

FB : 358.16 (-4.05%)
Ford overcomes computer chip shortage, posts surprise profit

DETROIT (AP) — Sky-high sales prices for its pickup trucks and SUVs helped Ford Motor Co. turn a surprise second-quarter profit despite a global shortage of computer chips that cut factory output in...

F : 14.38 (+3.75%)
Biden woos working class with new 'buy American' efforts

MACUNGIE, Pa. (AP) — President Joe Biden checked out the big rigs at a Pennsylvania truck factory on Wednesday and promised workers that his policies would reshape the U.S economy for the working class...

Was Macron's phone a target for spies? French investigate

PARIS (AP) — France's defense minister wants to learn from her Israeli counterpart what, if anything, Israel knew about the clients of the spyware company NSO who possibly targeted the cellphones of...

Designer who won't make same-sex wedding websites loses case

DENVER (AP) — A U.S. appeals court has ruled against a web designer who didn’t want to create wedding websites for same-sex couples and sued to challenge Colorado’s anti-discrimination law, another...

After rocket ride of growth, Robinhood heads to the market

NEW YORK (AP) — After a rocket rise where it introduced millions of people to investing and reshaped the brokerage industry, all while racking up a long list of controversies in less than eight years,...

US acting to better protect infrastructure from cyberthreats

WASHINGTON (AP) — The Biden administration is taking steps to harden cybersecurity defenses for critical infrastructure, announcing on Wednesday the development of performance goals and a voluntary public-private...

Turn off, turn on: Simple step can thwart top phone hackers

RICHMOND, Va. (AP) — As a member of the secretive Senate Intelligence Committee, has reason to worry about hackers. At a briefing by security staff this year, he said he got some advice on how to help...

Delivery apps expand reach to meet customer demands

Spurred by skyrocketing consumer demand during the pandemic, restaurant delivery companies like DoorDash and Uber Eats are rapidly expanding their services to grocers, convenience stores, pharmacies, pet...

WMT : 142.36 (+0.21%)
UBER : 44.91 (-2.67%)
EXPLAINER: Risks underlie tumbling Chinese company shares

BEIJING (AP) — Foreign shareholders in China’s tech companies are learning what its entrepreneurs have long known: The ruling Communist Party’s decisions about what is good for the economy can hurt...

BIDU : 167.14 (+0.22%)
Turkey arrests man behind app linked to 2016 failed coup

ANKARA, Turkey (AP) — A Turkish-born American believed to be behind a secret messaging application that has been linked to Turkey’s failed 2016 military coup arrived in Istanbul last month where he...

Asian stocks sink after Wall St pulls back from record

BEIJING (AP) — Asian stock markets declined Wednesday after Wall Street pulled back from a record as investors awaited a Federal Reserve report for signs of when U.S. stimulus might be withdrawn.

CCC : 28.94 (-0.79%)
MSFT : 287.09 (+0.30%)
XIACY : 16.5600 (-3.30%)
TSLA : 679.40 (+5.01%)
3 tech giants report combined profits of more than $50B

Three tech companies — Apple, Microsoft and Google owner Alphabet — reported combined profits of more than $50 billion in the April-June quarter, underscoring their unparalleled influence and success...

MSFT : 287.09 (+0.30%)
AAPL : 145.87 (+0.61%)
GOOGL : 2,720.36 (-0.06%)

Chart of the Day

Herc Holdings Inc (HRI)

The Barchart Chart of the Day belongs to the equipment leasing company Herc Holdings (NYSE: HRI ). I found the stock by using Barchart's powerful screening tools to find the stocks with the highest Weighted Alpha and technical buy signals. That resulted in a watch list of 14 stocks. After...
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