Third juror sacked in the trial of Theranos founder Elizabeth Holmes

Elizabeth Holmes, founder of Theranos Inc., arrives in federal court in San Jose, California on Tuesday, October 12, 2021. David Paul Morris | Bloomberg | Getty Images SAN JOSE, CALIF. – A third juror was dismissed in Elizabeth Holmes’ criminal trial on Friday for “a good cause”. This leaves only two deputies in a process … Read more

S&P 500, Dow scale new highs; Nasdaq hit by Facebook

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, USA on October 20, 2021. REUTERS / Brendan McDermid Snap crashes on Apple tweak, pulling social media giants down AmEx rises when a profit is made, Dow rises Indices: price loss 0.33%, S&P price increase 0.05%, Nasdaq price loss … Read more

Google is removing Roku’s YouTube apps

YouTube leaves Roku. And now the battle between the two companies has caught the attention of Congressmen trying to push their big tech antitrust legislation forward. After a month-long dispute between Roku and YouTube parent company Google, Google announced on Thursday that it would no longer allow Roku customers to download the YouTube or YouTube … Read more

5 things you should know before the stock market opens on Friday October 22nd

Here are the key news, trends, and analysis investors need to start their trading day: 1. Stock futures mixed after the record close of the S&P 500 Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, USA on October 20, 2021. Brendan McDermid | Reuters US stock futures … Read more

Exceeding Intel Earnings Estimates. Why the stock is falling.

Text size Intel shares fell after the company announced gains. David Paul Morris / Bloomberg Intel The stock fell in extended trading Thursday after the company missed sales expectations and announced that its chief financial officer would retire in May. The company also attributed a decline in the PC business to a wider component shortage. … Read more

Opinion: Snap points out the possibility that Apple caused the long-feared “Ad-Mageddon”

Snap Inc. raised the alarm on Thursday for the long-feared collapse in Internet advertising that could come in the normally busy fourth quarter. Long feared, because since Apple Inc. AAPL, + 0.15% Announcing upcoming iPhone privacy changes, many internet advertising companies are warning of the impact this is having on their bottom line. Apple updated … Read more

Huawei, SMIC Suppliers Received Billions’ Value of Licenses for US Goods Documents

WASHINGTON, Oct. 21 (Reuters) – Suppliers to Chinese telecommunications giant Huawei and China’s leading chipmaker SMIC were granted billions of dollars in licenses from November to April to sell them goods and technology despite being blacklisted for U.S. trade stand, as Reuters-viewed documents showed on Thursday. According to the documents, 113 export licenses worth $ … Read more

PayPal shares tumble on news from Pinterest talks

Shares in PayPal Holdings Inc. PYPL -5.86% fell 5.9% on Thursday, a sign investors have doubts about the company’s possible purchase of Pinterest Inc. PINS -2.12% Shares fell $ 15.15 to $ 243.21 in early trading. That was in addition to a 4.9% decline Wednesday after a potential deal became known. PayPal lost more than … Read more

Google is lowering app store fees and increasing the proportion of app developers

In this photo illustration, the Duolingo logo is displayed on a smartphone. Rafael Henrique | LightRakete | Getty Images Shares in app developers like Bumble, Duolingo, and Roblox rose Thursday after Google announced it was cutting the company’s cut from subscriptions to its Android app store. Google’s change would cut commission on recurring subscriptions through … Read more

Amazon introduces in-store pickup for items from local companies

An delivery driver carries boxes into a delivery truck outside a distribution facility in Hawthorne, Calif., February 2, 2021. Patrick T. Fallon | AFP | Getty Images Amazon is introducing a new shipping option for buyers who don’t want to wait for their package to arrive in the mail. The company on Thursday launched … Read more