[ad_1] Microsoft ‘s (MSFT) nearly $69 billion cash offer to buy video game giant Activision Blizzard (ATVI) has been under tremendous scrutiny since it was first announced back in January. But at least one Wall Street research firm says it’s highly likely that the deal will be completed in the …
Read More »FCC authorizes SpaceX Gen2 Starlink: Up to 7,500 satellites
[ad_1] A batch of Starlink satellites deploy in orbit after a launch on Nov. 13, 2021. SpaceX The Federal Communications Commission issued a key authorization to Elon Musk’s SpaceX on Thursday, granting approval for the company to move forward with launching up to 7,500 next-generation satellites in its Starlink internet …
Read More »Amazon CEO says Prime could become ‘standalone business’
[ad_1] Amazon (AMZN) could potentially spin off its Prime streaming unit as a separate company, CEO Andy Jassy said Wednesday. During a wide-ranging interview at the The New York Times’ DealBook Summit , Jassy said that “overtime we have opportunities to make our Prime video business a standalone business that …
Read More »Amazon used AWS in satellite experiment
[ad_1] An image captured by the ION Elysian Eleonara satellite in January 2022. D-Orbit Amazon’s cloud computing division successfully ran a software suite on a satellite in orbit, in a “first-of-its-kind” experiment, the company announced Tuesday. AWS, or Amazon Web Services, conducted the prototype satellite software demonstration through partnerships with …
Read More »Tom Hanks and more stars share their favorite Christmas movies
[ad_1] Editor’s Note: “Tis the Season: The Holidays on Screen” celebrates the most beloved holiday films and television specials. The special airs Sunday, November 27 at 8 p.m. ET/PT on CNN. CNN — It’s that time of year to cozy up on the couch, grab a hot chocolate and watch …
Read More »Walmart overtakes Amazon in shoppers’ search for bargains
[ad_1] Walmart is top of mind for holiday shoppers who are hunting for Black Friday deals, according to new research. The big box retailer is dominating online searches for Black Friday discounts as of Friday morning, according to advertising technology company Captify, which tracks more than 1 billion searches a …
Read More »These discounted e-commerce stocks could be winners this holiday season. Here’s why
[ad_1] It hasn’t been easy being an online retailer this year. E-commerce stocks have sold off in 2022 as investors ditched tech and growth names, looking to de-risk their portfolios as the economic outlook grew more uncertain amid rising interest rates and high inflation. Investors had already been rotating out …
Read More »Amazon to spend $1 billion on theatrical releases, boosting cinema stocks
[ad_1] Cinemas stocks got a boost Wednesday after a report said Amazon plans to spend $1 billion a year on theatrical film releases. The tech company plans to make between 12 and 15 movies for movie theaters each year, Bloomberg reported, citing people familiar with the matter. A smaller number …
Read More »Jim Cramer says these 10 tech and software stocks can make a comeback
[ad_1] CNBC’s Jim Cramer on Tuesday named hammered tech stocks that he believes can make a comeback after the Federal Reserve finishes tightening the economy. Here is his list: Amazon Microsoft Alphabet Tesla Netflix Apple Salesforce ServiceNow Adobe Workday “Nearly all of these, save Apple, are variations on the same …
Read More »Goldman Sachs names Amazon and Etsy as top stocks heading into 2022 holiday season
[ad_1] Goldman Sachs named Amazon and Etsy as top stock picks heading into 2022 holiday season. Analyst Eric Sheridan expects growth will decelerate in the fourth quarter for retailers, as they deal with a longer and more promotional end-of-the-year period than normal. Companies are dealing with the effects excess inventory, …
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