Technology

Google CEO Sundar Pichai plans to tell Congress the company.img

Google CEO Sundar Pichai plans to tell Congress the company faces plenty of competition

[ad_1] Ahead of a Wednesday House Judiciary hearing, Alphabet CEO Sundar Pichai released opening remarks that show how the company plans on defending its large advertising business. Pichai names Amazon, Twitter, Snapchat and Facebook-owned WhatsApp for competitive platforms where people get information. Pichai also said it helped small businesses thrive during the Covid-19 pandemic. © …

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Fintech unicorn TransferWise sees valuation climb to 5 billion.img

Fintech unicorn TransferWise sees valuation climb to $5 billion

[ad_1] TransferWise employees and early investors sold some of their stakes in a $319 million secondary deal. The company’s $5 billion valuation makes it one of Europe’s most valuable fintech unicorns. It highlights an acceleration in online payments and a reduction in cash usage caused by Covid-19. © Provided by CNBC In this photo illustration, …

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Tech Analyst Says Valuations Hit a Wall Following Recent Gains.img

Tech Analyst Says Valuations Hit a Wall Following Recent Gains

[ad_1] (Bloomberg) — Shares of technology companies have soared over the past few months, and valuations have hit a wall, suggesting there could be limited additional upside over the near term, according to Jefferies. Analyst Brent Thill believes that at some point multiple expansion will run out, and that the next leg of growth has …

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Tech earnings could determine whether sell off is routine pullback or.img

Tech earnings could determine whether sell-off is routine pullback or leadership crisis for stocks

[ad_1] There’s a polarized shouting match in the market right now between the believers who are calling the powerful rebound from the Covid-shock lows a brand-new bull market and the market skeptics who see the year 2000 with extreme concentration of value in a few expensive tech stocks. Friday ended the Nasdaq’s longest-ever streak without …

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