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Speaker Maker Sonos Closes at USD 19.91 with Valuation About USD 1.95 Billion after Thursday IPO

Speaker Maker Sonos Closes at USD 19.91 with Valuation About USD 1.95 Billion after Thursday IPO

Smart speaker company Sonos Inc (NASDAQ: SONO) stock jumped over 30% after its initial public offering (IPO) on Thursday. Shares opened at USD 16, 7% higher than its USD 15 starting selling price, and rose as high as USD 22 during early Friday tradi..

Google developing AI to take on some customer service responsibilities

Google developing AI to take on some customer service responsibilities

Google (NASDAQ: GOOGL) announced at its Cloud Next conference on Tuesday that it is developing an AI software called Contact Center AI to replace some of the work done in call centers. The new AI will share some of the same technology as Google Dupl..

Google Partners with Digital Asset to Build Blockchain Apps

Google Partners with Digital Asset to Build Blockchain Apps

Alphabet Inc. (NASDAQ: GOOG)'s Google and financial technology startup, Digital Asset, announced on Monday a partnership to bring blockchain to Google Cloud. Google is currently increasing its use of blockchain technology to compete with Amazon...

Google, Facebook, Microsoft, and Twitter team up for Data Transfer Project

Google, Facebook, Microsoft, and Twitter team up for Data Transfer Project

Google, Facebook, Inc. (NASDAQ: FB), Twitter, Inc. (NYSE: TWTR) and Microsoft (NASDAQ: MSFT) announced today that they will be working together on a new software initiative, the Data Transfer Project, to allow you to transfer data directly betw..

Google Walks Away From America's Security

Google Walks Away From America's Security

Alphabet Inc (NASDAQ: GOOGL) decision to not renew a contract to acquire artificial intelligence for the Defense Department benefited the employees who protested it. It also was a downfall for U.S. national security, patriotism, and the cause of lim..

Tech Stock Rally Pushes Nasdaq to Record Close

Tech Stock Rally Pushes Nasdaq to Record Close

Technology stocks drove the Nasdaq Composite to a record high on Monday, closing at $7,606.46, jumping 52.13 points or gaining 0.69 percent. Tech stocks rallied to record highs as well at the closing bell.Tech stocks continued to rally into Tuesday,..

Dow Lower After Eight-Day Rally; Bond Yields Rise

Dow Lower After Eight-Day Rally; Bond Yields Rise

The Dow Jones Industrial Average opened 24,809.55 on Tuesday morning, before falling 238.78 points midday, ending its eight-day rally. Stocks fell after Home Depot (NYSE: HD) reported weaker-than-expected earnings and bond yields jumped after the mo..