Tag Archives: 500

These six tech companies are worth $500 billion, and their earnings are about to sway the market

As 2017 dawned, two tech companies were worth $500 billion on their own. That number has since tripled, forming a group of half a dozen tech companies worth at least half a trillion dollars that dominate the markets as their products weave their way into every facet of consumers’ lives. All six companies — Alibaba Group Holding Ltd. BABA, +0.20%  , Alphabet Inc.GOOGL, +0.41% GOOG, +0.54%  , ... Read More »

Panasonic Eluga Ray 500 With Dual Rear Cameras Listed Online in India

HIGHLIGHTS The handset has been listed at Rs. 8,999 Panasonic Eluga Ray 500 houses a 4000mAh battery The smartphone runs Android 7.0 Nougat out-of-the-box The Panasonic Eluga Ray 500 smartphone has now been listed online in India and despite the affordable listing price of Rs. 8,999, the handset carries interesting features including dual rear cameras and 3GB of RAM. The smartphone has ... Read More »

There Goes the Market! Nasdaq Tumbles, S&P 500 Slips as Tech Tanks

A nothing day has turned into a selloff, as tech stocks tumble and take the market with it. Except for the Dow, which is hitting a new all-time high. ILLUSTRATION: GETTY IMAGES The S&P 500 have fallen 0.4% to 2,467.59 at 1:51 p.m. today, while the Dow Jones Industrial Average has ticked up 14.85 points, or 0.1%, to 21,725.86. The Nasdaq Composite has dropped 1.1% to 6,352.31. Earlier today, ... Read More »

Nasdaq, S&P 500 close higher as tech stocks rally while Dow dips

Federal Reserve Chairwoman Janet Yellen The Nasdaq and S&P 500 finished higher while the Dow industrials closed fractionally lower Wednesday as Federal Reserve policy meeting minutes indicated a reduction in the central bank’s economy-boosting balance sheet could begin soon, and technology stocks rallied amid a disappointing manufacturing report and a tumble in crude futures. The Dow Jones Industrial Average DJIA, -0.01% finished down ... Read More »

Dow, S&P 500 book worst fall in a month as tech selloff flares up

Figures on weekly jobless claims rose slightly in the latest week. U.S. stocks tumbled Thursday, with the S&P 500 and Dow industrials logging their worst one-day declines since May as the technology sector resumed its selloff, overshadowing advances in financials. The Dow Jones Industrial Average DJIA, +0.29%  fell 167.58 points, or 0.8%, to 21,287.03, its biggest percentage decline since May 17. The S&P ... Read More »

Dow, S&P 500 end at records as tech shares rebound

U.S. stocks rose on Monday, with both the Dow and the S&P 500 ending at new records as technology shares rebounded from a recent bout of sharp weakness to lead the market higher. The Dow Jones Industrial Average DJIA, -0.29%  rose 144.71 points, or 0.7%, to 21,528.99, ending at its highs of the day, which represented both an intraday and ... Read More »

Google Allo No Longer Features in Top 500 Apps on Google Play

Google Allo No Longer Features in Top 500 Apps on Google Play HIGHLIGHTS Google Allo has seen a drastic ranking drop in last one month Google recently added a chatbot named Lucky to the app The app has consistently dropped out of top 500 in recent weeks It seems like Google’s experiment to simplify messaging and video chats with the ... Read More »

Oculus Ordered to Pay $500 Million in ZeniMax Copyright Infringement Case

A US jury Wednesday ordered Facebook and creators of its Oculus Rift to pay $500 million (roughly Rs. 3,370 crores) to gaming software firm ZeniMax in a lawsuit that claimed the virtual reality technology was stolen. The Texas jury made the award in a trial in which Oculus was accused of basing its Rift headset on technology stolen from ZeniMax’s ... Read More »

No, PM Modi Is Not Offering Free Mobile Recharges Worth Rs. 500 via WhatsApp

No, PM Modi Is Not Offering Free Mobile Recharges Worth Rs. 500 via WhatsApp HIGHLIGHTS A new WhatsApp message claiming to give free recharge has gone viral The message has a link that asks you to divulge personal details We recommend you to not click on this link or share it with friends WhatsApp has been a breeding ground for ... Read More »

Facebook to Open New London HQ, Create 500 New UK Jobs

Facebook will open a new London headquarters next year and create another 500 jobs, the leading social network said Monday, despite uncertainty over Brexit. The group said the move will take its UK workforce to 1,500 staff, adding that Britain “remains one of the best places to be a tech company”, amid ongoing jitters over the nation’s looming exit from ... Read More »