In his keynote address to the National Conservatism Conference Oct. 31, billionaire tech entrepreneur Peter Thiel argued that false consensus has silenced debate on important questions, including COVID-19, the U.S. presence in Afghanistan, and ongoing inflation in the American economy. Thiel spoke to the conference about examples of what he called “the incredible derangement of…
Intolerance of Dissenting Views Suppressing Tough Questions About Inflation, Afghanistan, COVID-19: Peter Thiel
Why Apple Analysts Prefer to Look Past Supply Chain Challenges, Remain Bullish After Q4 Revenue Miss
Apple Inc. shares have come under selling pressure after the company’s fourth-quarter revenues missed expectations amid supply chain constraints. The Apple Analysts Morgan Stanley analyst Katy Huberty maintained an Overweight rating on Apple shares and reduced the price target from $166 to $164. Oppenheimer analyst Martin Yang reiterated an Outperform rating and raised the price…
Google Allows Photos of Minors to Be Removed From Search
By Entrepreneur Staff Google’s new safety feature allows minors under the age of 18 request that their images be removed from search results. Minors, their parents, their guardians, and their legal representation can all make the requests. This is the help page through which the request process starts. Applicants must supply the URLs of the…
Apple Objects to Links to Outside Payments Ahead of Epic Games Hearing
Apple Inc. on Friday outlined its objections to allowing app developers to link to third-party payment options ahead of a hearing next month that could determine whether a set of antitrust court orders is put on pause. After a lengthy trial earlier this year brought by “Fortnite” creator Epic Games, U.S. District Court Judge Yvonne…
Wall Street Shakes Off Amazon, Apple Weakness to End Modestly Higher
NEW YORK—U.S. stocks shook off early declines and closed out the last trading day of the month with modest gains on Friday as a rise in Microsoft helped offset declines in Amazon and Apple after disappointing quarterly earnings from the online retailer and iPhone maker. Microsoft Corp.’s shares closed at a record high of $331.62…
Amazon Discloses 20 Percent Stake in EV Maker Rivian
Amazon.com Inc., an early backer of Rivian Automotive, now owns about a fifth of the electric-truck maker, the e-commerce giant disclosed in a quarterly filing on Friday. Ford Motor Co., which has a strategic relationship with Rivian, removed a representative from the startup’s board earlier this month. At the end of the third quarter, Amazon…
Meta Platforms Shares Rise as Facebook Rebrands to Focus on Metaverse
Shares of Meta Platforms Inc. rose marginally in premarket trading on Friday after social media giant Facebook rebranded itself to build the “metaverse”, a shared virtual environment. Chief Executive Officer Mark Zuckerberg said on Thursday the new name reflects the company’s work invested in the metaverse, rather than its namesake social media service, which will…
Futures Slip After Apple, Amazon Results Reignite Supply, Labor Woes
The S&P 500 and the Nasdaq indexes looked set to drop from record highs on Friday, as results from mega-cap firms Apple and Amazon.com reignited concerns of labor and supply shortages that have been at the forefront of this quarterly earnings season. Market participants have been closely watching how corporate America navigates through these challenges…
Amazon, Apple Weigh on Stocks, Rate Hike Hopes Underpin Euro
LONDON—Amazon and Apple earnings took the froth out of U.S. stock futures and world equities on Friday, though the euro held near one-month highs on euro zone rate rise hopes. Amazon.com reported a slump in profit after the bell on Thursday that it expects will continue through the holiday quarter, as higher pay to attract…
Microsoft to Work With Community Colleges to Fill 250,000 Cyber Jobs
Microsoft Corp. on Thursday said it plans to work with community colleges across the United States to fill 250,000 cybersecurity jobs over the next four years. Microsoft said it will provide scholarships or assistance to about 25,000 students and will provide training for new and existing teachers at 150 community colleges across the country. The…
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