What worked well for years of a bull market through 2021 – the focus on growth, regardless of price – has come to a halt this year. The revival of the value investing style – and modest valuations overall – has taken hold. The approach adopted by the Invesco S&P 500 GARP ETF has paid …
This fund beats the S&P 500 using only 75 of its constituents. Here’s how it works. Read More »
The Klarna logo displayed on a smartphone. Raphael Henrique | SOPA Pictures | Light Rocket via Getty Images Europe’s tech industry has lost more than $400 billion this year, according to venture capital firm Atomico. The combined value of all public and private European tech companies fell to $2.7 trillion from a high of $3.1 …
Over $400 billion has been wiped off the value of Europe’s tech industry this year Read More »
The Klarna logo displayed on a smartphone. Raphael Henrique | SOPA Pictures | Light Rocket via Getty Images Europe’s tech industry has lost more than $400 billion this year, according to venture capital firm Atomico. The combined value of all public and private European tech companies fell to $2.7 trillion from a high of $3.1 …
Over $400 billion has been wiped off the value of Europe’s tech industry this year Read More »
Photo: Sergey Yelagin (Shutterstock) European Union privacy regulators have ruled that Meta, the parent company of Facebook and Instagram, cannot donate up data for targeted advertising condition of membership in social networksaccording to information published on Tuesday in the the wall street journal and Reuters. The decision threatens to upend the social media giant’s business …
This privacy ruling against Facebook and Insta could put an end to targeted ads Read More »
Photo: Apple Two women have filed a class action lawsuit against Apple after claiming their ex used company quartercut Airtag trackers to track them down. The lawsuit, seen by Gizmodo, claims that Apple’s alleged missteps over privacy considerations with AirTags constitute negligence and violate California’s constitutional right to privacy. AirTags, according to the lawsuit, are …
Lawsuit claims Apple AirTags have ‘become the weapon of choice’ for stalkers Read More »
England’s Anwar Almojarkesh (L) and Alan Chalabi (R) pose for a photo at Meta (formerly Facebook) headquarters in Menlo Park, California on November 9, 2022. Josh Edelson | AFP | Getty Images A group of Meta workers who joined the company through an on-the-job training program say they receive lower severance packages than other recently …
Some Meta employees claim they are not receiving promised severance pay Read More »
Tim Draper, Founder of Draper Associates, on stage at the Web Summit 2022 technology conference. Ben McShane | Sports file via Getty Images Venture capitalist Tim Draper thinks bitcoins will hit $250,000 a coin by mid-2023, even after a killer year for the cryptocurrency marked by industry failures and falling prices. Draper had previously predicted …
The bitcoin logo displayed on a smartphone with euro banknotes in the background. Andrea Ronchini | NurPhoto via Getty Images The European Central Bank has strongly criticized bitcoins Wednesday, saying the cryptocurrency is on a “path to irrelevance.” In a blog post titled “Bitcoin’s Last Stand,” ECB Director General Ulrich Bindseil and analyst Jürgen Schaff …
European Central Bank Says Bitcoin Is On “Road To Irrelevance” Read More »
The number of layoffs in the tech sector this year is approaching the annual levels seen during the Great Recession, but is far from dot-com-bust territory. As tech companies grapple with falling stock prices, inflation, rising interest rates and a possible recession, they have announced more than 60,000 job cuts this year, with indications such …
‘It wasn’t sustainable or real’: Tech layoffs approaching Great Recession levels Read More »
Twitter’s security flaw that allowed hackers to steal millions of user records was patched in August this year, but that hasn’t stopped hackers from posting that data for free online.Photo: Sergey Yelagin (Shutterstock) Twitter’s API once contained a flaw so easily exploitable that hackers managed to capture 5.4 million user details. Now, according to reports …
Hackers release millions of Twitter IDs and user information for free Read More »
