• Why Netflix’s co-founder said ‘no’ to selling to Amazon
    Yahoo Finance

    Why Netflix’s co-founder said ‘no’ to selling to Amazon

    Marc Randolph - Netflix's co-founder and first CEO - details a fateful meeting with Amazon's Jeff Bezos in 1998 that almost changed the course of technology and media.

  • Stocks drop after China cancels Montana farm trip
    Reuters Videos

    Stocks drop after China cancels Montana farm trip

    A slide in markets Friday, after a low-level Chinese delegation abandoned plans to visit the Montana farmland. That was enough to spark fear among investors that trade talks between the U.S. and China aren't going well, despite reassurances from President Trump, who said negotiations were ongoing. The Dow slid 159 points, while the S&P 500 and Nasdaq moved lower. It was a busy day for Facebook. CEO Mark Zuckerberg wrapped up his three-day trip to Washington, but there were few indications he won over anyone on Capitol Hill. Lawmakers are mulling over the idea of tightening the regulatory screws. Mercadien Asset Management President Ken Kamen. SOUNDBITE (ENGLISH): MERCADIEN ASSET MANAGEMENT PRESIDENT KEN KAMEN, SAYING: "Zuckerberg is on capitol hill to almost beg for the industry's benefit to start getting some regulations so they can get guardrails to know what they can and cannot do. Because now there are so many things that social media is changing in our society, in the world, in our economics, how we live or lives, and you can throw a dart and hit anything that they are doing wrong. So I think that the industry in general is looking to get some guidelines." Facebook is grappling with federal and state investigations over numerous issues ranging from anti-competitve behavior to privacy concerns. On that issue, Facebook announced it has suspended tens of thousand of apps as a result of the probe it's been conducting since the Cambridge Analytica scandal revealed it handed over users' data without permission. Walmart has decided to stop selling e-cigarettes and vaping products at its stores, according to an internal email seen by Reuters. Vaping products have come under scrutiny after reports of vaping-related illnesses and some deaths.

  • Amazon employee on climate strike: Tech firms have 'been complicit for too long'
    Yahoo Finance

    Amazon employee on climate strike: Tech firms have 'been complicit for too long'

    Amazon and Google employees hit the streets to pressure tech giants to do more to fight climate change.

  • Netflix CEO Sees “A Whole New World” of Streaming
    Market Realist

    Netflix CEO Sees “A Whole New World” of Streaming

    Netflix (NFLX) used to dominate the SVOD streaming services market. It was a leader with few competitors and a subscriber base of over 150 million.

  • Fed Rate Cut Impact: Investors Should Worry
    Market Realist

    Fed Rate Cut Impact: Investors Should Worry

    President Trump is not happy with the present Fed rate cut. He wants the cutback to be higher. So high that the interest rates are negative.

  • Tesla Bear Jim Chanos Shorting Grubhub, DaVita
    Market Realist

    Tesla Bear Jim Chanos Shorting Grubhub, DaVita

    On September 19, at Delivering Alpha Conference, Jim Chanos said Grubhub (GRUB) is a very good short. He said that Guruhub is almost not making any money.

  • Trump, China Bring the Trade War Back, Stocks Crash
    Market Realist

    Trump, China Bring the Trade War Back, Stocks Crash

    The Chinese delegation canceled planned goodwill visits to US farms because of trade war escalations. This affected markets yesterday.

  • Oilprice.com

    Amazon Makes The Largest Ever Electric Vehicle Purchase

    Jeff Bezos has just placed the largest ever electric vehicle purchase order with a statup called Rivian Automotive, a company looking to rival Tesla

  • Elon Musk’s Twitter Magic is on Despite SEC Troubles
    Market Realist

    Elon Musk’s Twitter Magic is on Despite SEC Troubles

    Tesla (TSLA) CEO Elon Musk is one of the most widely followed billionaires on Twitter. His love for Twitter is no secret.

  • Salesforce.com (CRM) Up 4.7% Since Last Earnings Report: Can It Continue?
    Zacks

    Salesforce.com (CRM) Up 4.7% Since Last Earnings Report: Can It Continue?

    Salesforce.com (CRM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Financial Times

    What do Versace, J Lo and Google have in common?

    Donatella Versace helped build the internet, and now she might just “break” it. to walk the runway in an updated version of the jungle print dress the star wore to the Grammys in 2000. The story behind the original Versace dress is that millions of people went online after the event to search for images of the singer wearing it, making it the most popular search query Google had seen at the time.

  • Delaware judge says Tesla board must face trial over Musk's mega-pay package
    Reuters

    Delaware judge says Tesla board must face trial over Musk's mega-pay package

    A Delaware judge ruled on Friday that Tesla Inc's board of directors must defend at a trial Chief Executive Elon Musk's multibillion dollar pay package, which a shareholder lawsuit said unjustly enriched the head of the electric vehicle company. Tesla estimated the 2018 compensation package was worth $2.6 billion when it received stockholder approval in March 2018, although stock analysts at the time said it could be worth up to $70 billion if the company - which has yet to post an annual profit - grew quickly. The compensation award includes no salary or cash bonus for the Silicon Valley billionaire Musk, but sets rewards based on Tesla's market value rising to as much as $650 billion over the next decade.

  • U.S. trade regulators approve some Apple tariff exemptions amid broader reprieve
    Reuters

    U.S. trade regulators approve some Apple tariff exemptions amid broader reprieve

    The move by U.S. officials could make it easier for both Apple and small makers of gaming computers to assemble devices in the United States by lowering the costs of importing parts. Apple did not say why it requested the exemptions, but the requests were for components such as partially completed circuit boards. Apple manufactures its Mac Pro computers in Texas, making the machine immune from tariffs, but such intermediate parts were subject to the levies.

  • ETFs in Focus as Netflix Bags Global Rights for Seinfeld
    Zacks

    ETFs in Focus as Netflix Bags Global Rights for Seinfeld

    Netflix boosts its content portfolio with the new show. We highlight the ETFs that can gain from this move.

  • Electronic Arts (EA) Dips More Than Broader Markets: What You Should Know
    Zacks

    Electronic Arts (EA) Dips More Than Broader Markets: What You Should Know

    Electronic Arts (EA) closed at $98.70 in the latest trading session, marking a -0.99% move from the prior day.

  • The Trade Desk (TTD) Dips More Than Broader Markets: What You Should Know
    Zacks

    The Trade Desk (TTD) Dips More Than Broader Markets: What You Should Know

    In the latest trading session, The Trade Desk (TTD) closed at $207.05, marking a -1.58% move from the previous day.

  • Associated Press

    Business Highlights

    The city of Flint, Michigan, has been on an economic roller-coaster ride for more than a century as the birthplace of General Motors. Workers have surrounded the massive GM complex for days, marching and toting signs and U.S. flags at plant entrances. WASHINGTON (AP) — President Donald Trump says he doesn't need to secure a trade deal with China before next year's election.

  • Snapchat's Comeback Story
    Zacks

    Snapchat's Comeback Story

    Snapchat is making a comeback in a big way with a resurgence in user growth and ARPU's continuing to raise.

  • Nike (NKE) Q1 2020 Earnings Preview: North America, China and More
    Zacks

    Nike (NKE) Q1 2020 Earnings Preview: North America, China and More

    Nike (NKE) is set to report its first-quarter fiscal 2020 financial results after the closing bell on Tuesday, September 24. So let's see what investors should expect from the sportswear powerhouse...

  • Amazon’s Rivian Deal: Is the Musk-Bezos Rivalry in Play?
    Market Realist

    Amazon’s Rivian Deal: Is the Musk-Bezos Rivalry in Play?

    Jeff Bezos announced that Amazon had placed an order of 100,000 electric delivery vans from Michigan-based startup Rivian.

  • Facebook suspends 'tens of thousands' of apps in privacy review
    AFP News

    Facebook suspends 'tens of thousands' of apps in privacy review

    Facebook said Friday it suspended "tens of thousands" of apps on its platform as a result of a privacy practices review launched following a scandal involving Cambridge Analytica. The review started in 2018 after revelations that the political consultancy hijacked personal data on millions of Facebook users, and it included attorneys, external investigators, data scientists, engineers, policy specialists and others, according to a Facebook statement. The suspensions are "not necessarily an indication that these apps were posing a threat to people," said vice president of partnerships Ime Archibong, adding that some developers "did not respond to our request for information." Archibong said the investigation "has addressed millions of apps.

  • 3 Dividend-Paying Tech Stocks for Income Investors to Buy Right Now
    Zacks

    3 Dividend-Paying Tech Stocks for Income Investors to Buy Right Now

    We searched for strong tech companies that also pay a dividend, utilizing our Zacks Stock Screener. These three tech stocks should remain attractive to investors even during a potential market downturn...