This past week, the tech companies that dominate online reported Q1 earnings, including companies Alphabet, Amazon.com, Apple, Facebook, and Microsoft. Google and Microsoft saw an increased demand for cloud services and enterprise offerings but reduced online advertising sales. [more]
S&P 500 and S&P/TSX indices screens highlight companies with strong balance sheets and cash flows, which reduce liquidity risks and allow companies the ability to acquire distressed assets. Cash Kings – Alphabet, Microsoft & Facebook in the U.S. and Onex & Kirkland Lake in Canada [more]
Cisco’s WebEx and Zoom are still category leaders but Verizon is one of the few telcos who has international 5G capabilities, which it plans to integrate with the BlueJeans technology to enhance security for real-time virtual engagement. [more]
As the Covid-19 pandemic socially isolates most economies across the world, the business world is quickly changing from office space to remote environments. Companies adapting online focus on three areas of digital transformation: (1) cloud storage, (2) workplace communication, and (3) video conferencing. [more]
Alibaba, Amazon, Google, IBM, Microsoft and Oracle are all fighting for a pie of an industry growing at over 20% per year & estimated to be almost $75B by 2022. [more]
The 5th generation (“5G”) wireless network has been highly anticipated with its promise for reducing congestion in networks while increasing data speed significantly. [more]
With the completed acquisitions, the combined company will have over 300 employees and a run rate Revenue of US$42 million and EBITDA of US$5.9 million. [more]
Mastercard, a multinational financial service corporation, announced that it will acquire Denmark-based Nets Group, a payments platform that will be leveraged to support faster Business-to-Business (B2B) payments. [more]
OpenAI LP, an Artificial Intelligence research company, announced a US$1 billion partnership with Microsoft. [more]
Major tech companies are expected to release earnings: Alphabet Inc. Amazon.com, Inc. , Apple Inc., and Facebook, Inc. are expected to release earnings at the end of July. [more]
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