Home Tech & Media

Tech & Media

Top technology and media news.

The Dow Jones Industrial Average closed higher than 35,000 for the first time in history on Friday. Its gains for the year are now over 14 percent higher, and on Friday, the Dow rose 238.20 points to 35,061.55. The blue-chip average had gains four days in a row. The Nasdaq...
Verizon and Mastercard have agreed to partner and offer 5G contactless payments to both consumers and businesses. The new alliance should have some of the innovations up and running by 2023 and enable the companies to digitize retail consumer spending further. Team members from both companies will work together...
Social media neighborhood app Nextdoor is going public. The company says a $4.3 merger deal with Khosla Ventures Acquisition Co II will help it to meet its objective to go public. Sarah Friar, Nextdoor CEO, said the deal would “bring in a lot of proceeds, $686 million of gross proceeds,...
On Tuesday, Microsoft reached new heights when its market capitalization hit the $2 trillion mark for the first time. It now sits behind Apple as the most valuable company in the world.  Last August, Apple hit its $2 trillion mark and was the first publicly traded U.S. company to...
House lawmakers have introduced a new set of antitrust reforms on Friday, which could force some big tech companies, such as Google, Amazon, Apple, and Facebook, to overhaul the way they do business. The reforms are said to have gained bipartisan support. The reform package consists of five bills that...
Marc Benioff, CEO of Salesforce, announced on Monday that even after the pandemic is over, his company plans to keep at least half of its employees working from home. Before COVID-19 began making its way around the U.S., around 20 percent of Salesforce’s employees worked from home. Many businesses started...
This coming summer, Apple reportedly plans to launch a MacBook Pro laptop version that has been redesigned to include an update of the company’s in-house processor. New models of Apple’s Mac Pro desktop, MacBook Air, and MacBook Pro desktop will follow the launching during the latter part of 2021. The...
Just a little less than three years ago, AT&T acquired Discovery to develop its media company. Now the telecommunications giant has agreed with WarnerMedia to merge with Discovery in a $43 billion deal.  AT&T acquired Time Warner three years ago in a $108.7 billion acquisition where it also nabbed other...
Twitter shares plummeted on Thursday after it fell short of analyst expectations and the company received low guidance. However, its revenue for the latest quarter was 28 percent higher than one year ago. Revenue for the quarter was $1.04 billion compared to last year’s $808 million. But,...
Barcelona-based travel startup, TravelPerk, has announced that it’s raised $160 million during a funding round by Greyhound Capital. The travel management firm has headquarters in London, Berlin, Barcelona, and Chicago. The new cash is coming from venture capitalists who are looking to an international...