A rare spot of happy news: Apple is finally getting a llama emoji. And a raccoon, bagel, frisbee and mosquito emoji, too. The company said it will likely add 70 new emoji for iPhone and iPad users later this month. Beta testers and developers who update to iOS 12.1 will …
Read More »S&P downgrades debt-riddled GE and GE Capital
New General Electric boss Larry Culp just got a fresh reminder of the debt-riddled balance sheet he’s inheriting. Barely 24 hours after Culp became CEO, S&P Global Ratings downgraded the credit ratings of GE (GE) and GE Capital. Moody’s and Fitch warned they could do the same. All three ratings …
Read More »Microsoft unveils new Surface devices, smart headphones
all is the season for new gadgets. Apple recently announced its latest iPhones, Amazon showed off new smart speakers and even an Alexa-activated microwave, and Google is hosting its own product launch event next week. But Tuesday is all about Microsoft, which unveiled a slew of devices ahead of the …
Read More »Facebook doesn’t think hackers accessed third-party sites
Facebook says it has not found any evidence “so far” that its attackers accessed third-party sites through Facebook Login. It’s a sliver of good news about a massive data breach that the company first disclosed last week. Attackers accessed as many as 50 million accounts in the largest such breach …
Read More »Stocks Slip Ahead of Nvidia Shareholder Meeting
Stocks Making the Biggest Moves in Early Trading 21 minutes ago Gains: Rivian (RIVN): Rivian shares were up over 29%, continuing a rise that started in extended trading Tuesday after announcing it had secured a $5 billion investment from German automotive giant Volkswagen. FedEx (FDX): The package shipping giant jumped …
Read More »Tencent Music plans to public on US exchange
This story originally published on October 2, 2018. New York CNN Business — Tencent Music has filed plans to go public in the United States in what could be one of the biggest recent US IPOs by a Chinese company. The company set a placeholder target of $1 billion, which …
Read More »Tesla calms fears with strong sales numbers
New York CNN Business — A tumultuous quarter at Tesla ended with some very good sales numbers. The company delivered 83,500 vehicles during the third quarter, a strong performance that should calm investor fears about logistical problems and a looming cash crunch. That included almost 56,000 of the lower-priced Model …
Read More »5 Things to Know Before the Stock Market Opens
Nvidia (NVDA) shares are moving higher in premarket trading as investors prepare for the company’s shareholder meeting today, where votes will be held on executive compensation, board members, and other issues; shares of FedEx (FDX) are soaring after the parcel delivery service reported better-than-expected revenue and projected continued revenue growth …
Read More »Watch These FedEx Price Levels as Stock Soars After Earnings Beat
Key Takeaways Shares in package delivery giant FedEx surged nearly 14% in premarket trading Wednesday after the company topped Wall Street’s quarterly earnings estimates and provided an optimistic outlook.The company’s stock has traded within a narrow 6% range over the past six weeks on below-average volume, increasing the likelihood of …
Read More »Volkswagen dumps jailed Audi CEO amid emissions probe
London CNN — Volkswagen has severed ties with suspended Audi CEO Rupert Stadler, who has been jailed since June in connection with an emissions investigation. Stadler has left the board of management of Audi parent company Volkswagen (VLKAF) and stepped down as chairman of the premium brand’s management board, the …
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